Imker Torfs: 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.
Imker Torfs
Largest movements
- Deferred charges and accrued income -€60,056
down €60,056 (-92.3%), from €65,094 to €5,038
- Cash -€21,502
down €21,502 (-29.6%), from €72,705 to €51,203
mainly Trade debts (-€92,237) and Investment in fixed assets (net) (-€24,862)
- Tangible fixed assets +€12,094
up €12,094 (+53.4%), from €22,654 to €34,748
of which Plant, machinery and equipment: +€12,094
- Receivables within one year +€5,624
up €5,624 (+2.5%), from €226,728 to €232,352
of which Trade receivables: +€3,141
- Trade debts -€92,237
down €92,237 (-44.5%), from €207,276 to €115,039
- Profit (loss) carried forward +€20,903
up €20,903 (+67.6%), from -€30,902 to -€9,999
- Other debts +€5,689
up €5,689 (+3.0%), from €192,102 to €197,791
- Gross operating margin +€18,296
up €18,296 (+54.1%), from €33,842 to €52,138
- Staff costs +€8,631
up €8,631 (+124.8%), from €6,918 to €15,549
- Depreciation +€1,286
up €1,286 (+11.2%), from €11,482 to €12,769
- Taxes +€1,265
new in 2025: €1,265
- Financial income +€1,250
new in 2025: €1,250
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.
Cash bridge derived
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 | €391,566 | €327,726 | -€63,841 | -16.3% |
| Fixed assets | 21/28 | €22,654 | €34,748 | +€12,094 | +53.4% |
| Tangible fixed assets | 22/27 | €22,654 | €34,748 | +€12,094 | +53.4% |
| Plant, machinery and equipment | 23 | €22,654 | €34,748 | +€12,094 | +53.4% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €368,912 | €292,978 | -€75,934 | -20.6% |
| Stocks and contracts in progress | 3 | €4,385 | €4,385 | = | 0.0% |
| Stocks | 30/36 | €4,385 | €4,385 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €226,728 | €232,352 | +€5,624 | +2.5% |
| Trade receivables | 40 | €226,059 | €229,201 | +€3,141 | +1.4% |
| Other amounts receivable | 41 | €669 | €3,152 | +€2,483 | +371.2% |
| Cash at bank and in hand | 54/58 | €72,705 | €51,203 | -€21,502 | -29.6% |
| Deferred charges and accrued income | 490/1 | €65,094 | €5,038 | -€60,056 | -92.3% |
| Total equity and liabilities | 10/49 | €391,566 | €327,726 | -€63,841 | -16.3% |
| Equity | 10/15 | -€9,261 | €11,642 | +€20,903 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €3,091 | €3,091 | = | 0.0% |
| Non-distributable reserves | 130/1 | €250 | €250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €250 | €250 | = | 0.0% |
| Distributable reserves | 133 | €2,841 | €2,841 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,902 | -€9,999 | +€20,903 | +67.6% |
| Amounts payable | 17/49 | €400,828 | €316,084 | -€84,744 | -21.1% |
| Amounts payable within one year | 42/48 | €400,828 | €316,084 | -€84,744 | -21.1% |
| Trade debts | 44 | €207,276 | €115,039 | -€92,237 | -44.5% |
| Suppliers | 440/4 | €207,276 | €115,039 | -€92,237 | -44.5% |
| Taxes, remuneration and social security | 45 | €1,450 | €3,254 | +€1,804 | +124.5% |
| Taxes | 450/3 | €1,450 | €3,254 | +€1,804 | +124.5% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €192,102 | €197,791 | +€5,689 | +3.0% |
| Remuneration, social security and pensions | 62 | €6,918 | €15,549 | +€8,631 | +124.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,482 | €12,769 | +€1,286 | +11.2% |
| Other operating charges | 640/8 | €2,543 | €2,537 | -€6 | -0.2% |
| Gross operating margin | 9900 | €33,842 | €52,138 | +€18,296 | +54.1% |
| Operating profit (loss) | 9901 | €12,898 | €21,282 | +€8,384 | +65.0% |
| Financial income | 75/76B | - | €1,250 | +€1,250 | |
| Recurring financial income | 75 | - | €1,250 | +€1,250 | |
| Financial charges | 65/66B | €102 | €364 | +€261 | +255.2% |
| Recurring financial charges | 65 | €102 | €364 | +€261 | +255.2% |
| Profit (loss) for the period before taxes | 9903 | €12,796 | €22,168 | +€9,373 | +73.2% |
| Income taxes | 67/77 | - | €1,265 | +€1,265 | |
| Profit (loss) for the period | 9904 | €12,796 | €20,903 | +€8,107 | +63.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,796 | €20,903 | +€8,107 | +63.4% |
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 11 October 2026 via checked.be.