Imgreco: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Imgreco
Largest movements
- Cash +€9,444
up €9,444 (+23.1%), from €40,904 to €50,348
mainly Net result for the year (+€41,406) and Depreciation (+€11,416)
- Reserves +€41,406
up €41,406 (+46.1%), from €89,881 to €131,287
- Debts after one year -€17,140
down €17,140 (-6.3%), from €270,415 to €253,275
- Tax, wage and social debts -€15,694
down €15,694 (-42.4%), from €37,033 to €21,339
- Gross operating margin -€56,449
down €56,449 (-41.0%), from €137,634 to €81,185
- Taxes -€15,612
down €15,612 (-55.8%), from €27,973 to €12,361
- Depreciation +€3,716
up €3,716 (+48.3%), from €7,700 to €11,416
- Other operating charges +€2,356
up €2,356 (+225%), from €1,049 to €3,405
- Financial charges +€1,660
up €1,660 (+15.0%), from €11,037 to €12,697
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €421,410 | €434,974 | +€13,564 | +3.2% |
| Fixed assets | 21/28 | €365,619 | €369,356 | +€3,737 | +1.0% |
| Tangible fixed assets | 22/27 | €365,619 | €369,356 | +€3,737 | +1.0% |
| Land and buildings | 22 | €362,457 | €367,209 | +€4,751 | +1.3% |
| Plant, machinery and equipment | 23 | €849 | €335 | -€514 | -60.5% |
| Furniture and vehicles | 24 | €2,312 | €1,812 | -€500 | -21.6% |
| Current assets | 29/58 | €55,791 | €65,618 | +€9,827 | +17.6% |
| Amounts receivable within one year | 40/41 | €14,520 | €14,520 | = | 0.0% |
| Trade receivables | 40 | €14,520 | €14,520 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €40,904 | €50,348 | +€9,444 | +23.1% |
| Deferred charges and accrued income | 490/1 | €367 | €750 | +€382 | +104% |
| Total equity and liabilities | 10/49 | €421,410 | €434,974 | +€13,564 | +3.2% |
| Equity | 10/15 | €94,931 | €136,337 | +€41,406 | +43.6% |
| Contributions | 10/11 | €5,050 | €5,050 | = | 0.0% |
| Reserves | 13 | €89,881 | €131,287 | +€41,406 | +46.1% |
| Distributable reserves | 133 | €89,881 | €131,287 | +€41,406 | +46.1% |
| Amounts payable | 17/49 | €326,479 | €298,637 | -€27,842 | -8.5% |
| Amounts payable after more than one year | 17 | €270,415 | €253,275 | -€17,140 | -6.3% |
| Financial debts | 170/4 | €270,415 | €253,275 | -€17,140 | -6.3% |
| Amounts payable within one year | 42/48 | €55,064 | €44,561 | -€10,502 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €16,663 | €17,140 | +€477 | +2.9% |
| Trade debts | 44 | €1,235 | €2,636 | +€1,401 | +113% |
| Suppliers | 440/4 | €1,235 | €2,636 | +€1,401 | +113% |
| Taxes, remuneration and social security | 45 | €37,033 | €21,339 | -€15,694 | -42.4% |
| Taxes | 450/3 | €37,033 | €21,339 | -€15,694 | -42.4% |
| Other amounts payable | 47/48 | €133 | €3,447 | +€3,315 | +2,502% |
| Accrued charges and deferred income | 492/3 | €1,000 | €800 | -€200 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,700 | €11,416 | +€3,716 | +48.3% |
| Other operating charges | 640/8 | €1,049 | €3,405 | +€2,356 | +225% |
| Gross operating margin | 9900 | €137,634 | €81,185 | -€56,449 | -41.0% |
| Operating profit (loss) | 9901 | €128,884 | €66,364 | -€62,521 | -48.5% |
| Financial income | 75/76B | €7 | €100 | +€93 | +1,335% |
| Recurring financial income | 75 | €7 | €100 | +€93 | +1,335% |
| Financial charges | 65/66B | €11,037 | €12,697 | +€1,660 | +15.0% |
| Recurring financial charges | 65 | €11,037 | €12,697 | +€1,660 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €117,854 | €53,767 | -€64,087 | -54.4% |
| Income taxes | 67/77 | €27,973 | €12,361 | -€15,612 | -55.8% |
| Profit (loss) for the period | 9904 | €89,881 | €41,406 | -€48,475 | -53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €89,881 | €41,406 | -€48,475 | -53.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.