Imopan: what changed
Two fiscal 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.
Imopan
Largest movements
- Cash -€38,576
down €38,576 (-98.9%), from €39,014 to €438
mainly Deferred charges and accrued income (-€32,164) and Receivables after one year (-€28,079)
- Deferred charges and accrued income +€32,164
up €32,164 (+36.3%), from €88,501 to €120,665
- Receivables after one year +€28,079
up €28,079 (+5.1%), from €549,376 to €577,455
- Profit (loss) carried forward +€21,042
up €21,042 (+26.2%), from -€80,288 to -€59,246
- Financial income -€2,607
down €2,607 (-7.4%), from €35,001 to €32,394
- Gross operating margin +€1,604
up €1,604 (+13.8%), from -€11,666 to -€10,062
- Depreciation -€1,030
down €1,030 (-58.7%), from €1,755 to €725
- Other operating charges +€245
new in 2025: €245
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 | €677,651 | €698,558 | +€20,907 | +3.1% |
| Fixed assets | 21/28 | €725 | - | -€725 | |
| Tangible fixed assets | 22/27 | €725 | - | -€725 | |
| Furniture and vehicles | 24 | €725 | - | -€725 | |
| Current assets | 29/58 | €676,926 | €698,558 | +€21,632 | +3.2% |
| Amounts receivable after more than one year | 29 | €549,376 | €577,455 | +€28,079 | +5.1% |
| Other amounts receivable | 291 | €549,376 | €577,455 | +€28,079 | +5.1% |
| Amounts receivable within one year | 40/41 | €36 | - | -€36 | |
| Other amounts receivable | 41 | €36 | - | -€36 | |
| Cash at bank and in hand | 54/58 | €39,014 | €438 | -€38,576 | -98.9% |
| Deferred charges and accrued income | 490/1 | €88,501 | €120,665 | +€32,164 | +36.3% |
| Total equity and liabilities | 10/49 | €677,651 | €698,558 | +€20,907 | +3.1% |
| Equity | 10/15 | €677,110 | €698,153 | +€21,042 | +3.1% |
| Contributions | 10/11 | €712,827 | €712,827 | = | 0.0% |
| Reserves | 13 | €44,572 | €44,572 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40,283 | €40,283 | = | 0.0% |
| Reserves not available under the articles | 1311 | €40,283 | €40,283 | = | 0.0% |
| Distributable reserves | 133 | €4,289 | €4,289 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,288 | -€59,246 | +€21,042 | +26.2% |
| Amounts payable | 17/49 | €541 | €405 | -€135 | -25.0% |
| Amounts payable within one year | 42/48 | €541 | €405 | -€135 | -25.0% |
| Financial debts | 43 | - | €6 | +€6 | |
| Credit institutions | 430/8 | - | €6 | +€6 | |
| Trade debts | 44 | €541 | €400 | -€141 | -26.1% |
| Suppliers | 440/4 | €541 | €400 | -€141 | -26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,755 | €725 | -€1,030 | -58.7% |
| Other operating charges | 640/8 | - | €245 | +€245 | |
| Gross operating margin | 9900 | -€11,666 | -€10,062 | +€1,604 | +13.8% |
| Operating profit (loss) | 9901 | -€13,421 | -€11,032 | +€2,389 | +17.8% |
| Financial income | 75/76B | €35,001 | €32,394 | -€2,607 | -7.4% |
| Recurring financial income | 75 | €35,001 | €32,394 | -€2,607 | -7.4% |
| Financial charges | 65/66B | €406 | €320 | -€86 | -21.3% |
| Recurring financial charges | 65 | €406 | €320 | -€86 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €21,174 | €21,042 | -€132 | -0.6% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | €21,174 | €21,042 | -€132 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,174 | €21,042 | -€132 | -0.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.