IMOPRO: 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.
IMOPRO
Largest movements
- Tangible fixed assets +€147,736
up €147,736 (+9.9%), from €1.5m to €1.6m
- Receivables within one year -€107,679
down €107,679 (-28.3%), from €379,846 to €272,167
of which Other amounts receivable: -€107,679
- Short-term financial debts +€470,773
up €470,773 (+147.8%), from €318,517 to €789,290
- Other debts -€460,465
down €460,465 (-32.5%), from €1.4m to €957,564
- Trade debts -€66,558
down €66,558 (-76.0%), from €87,608 to €21,051
- Profit (loss) carried forward +€54,538
up €54,538 (+108.4%), from €50,329 to €104,867
- Gross operating margin +€253,828
up €253,828, from -€47,033 to €206,796
- Financial charges +€64,230
up €64,230 (+1121.0%), from €5,729 to €69,959
of which Financial charges: +€59,138
- Depreciation +€23,453
up €23,453 (+41.3%), from €56,744 to €80,197
- Financial income +€3,235
up €3,235 (+72.4%), from €4,470 to €7,705
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 | €2,070,092 | €2,095,694 | +€25,602 | +1.2% |
| Fixed assets | 21/28 | €1,489,213 | €1,636,949 | +€147,736 | +9.9% |
| Tangible fixed assets | 22/27 | €1,489,213 | €1,636,949 | +€147,736 | +9.9% |
| Land and buildings | 22 | €1,489,213 | €1,636,949 | +€147,736 | +9.9% |
| Current assets | 29/58 | €580,879 | €458,745 | -€122,134 | -21.0% |
| Amounts receivable after more than one year | 29 | €178,733 | €178,733 | = | 0.0% |
| Other amounts receivable | 291 | €178,733 | €178,733 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €379,846 | €272,167 | -€107,679 | -28.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €379,846 | €272,167 | -€107,679 | -28.3% |
| Current investments | 50/53 | €56 | €51 | -€5 | -8.7% |
| Cash at bank and in hand | 54/58 | €22,245 | €7,795 | -€14,450 | -65.0% |
| Total equity and liabilities | 10/49 | €2,070,092 | €2,095,694 | +€25,602 | +1.2% |
| Equity | 10/15 | €214,910 | €276,105 | +€61,195 | +28.5% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €99,581 | €106,238 | +€6,657 | +6.7% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €93,081 | €99,738 | +€6,657 | +7.2% |
| Profit (loss) carried forward | 14 | €50,329 | €104,867 | +€54,538 | +108.4% |
| Provisions and deferred taxes | 16 | €31,027 | €33,246 | +€2,219 | +7.2% |
| Deferred taxes | 168 | €31,027 | €33,246 | +€2,219 | +7.2% |
| Amounts payable | 17/49 | €1,824,154 | €1,786,343 | -€37,811 | -2.1% |
| Amounts payable within one year | 42/48 | €1,824,154 | €1,767,905 | -€56,249 | -3.1% |
| Financial debts | 43 | €318,517 | €789,290 | +€470,773 | +147.8% |
| Credit institutions | 430/8 | €318,517 | €789,290 | +€470,773 | +147.8% |
| Trade debts | 44 | €87,608 | €21,051 | -€66,558 | -76.0% |
| Suppliers | 440/4 | €87,608 | €21,051 | -€66,558 | -76.0% |
| Other amounts payable | 47/48 | €1,418,029 | €957,564 | -€460,465 | -32.5% |
| Accrued charges and deferred income | 492/3 | - | €18,438 | +€18,438 | |
| Non-recurring operating income | 76A | - | €269,126 | +€269,126 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,744 | €80,197 | +€23,453 | +41.3% |
| Other operating charges | 640/8 | €526 | €931 | +€405 | +77.0% |
| Gross operating margin | 9900 | -€47,033 | €206,796 | +€253,828 | |
| Operating profit (loss) | 9901 | -€104,303 | €125,668 | +€229,970 | |
| Financial income | 75/76B | €4,470 | €7,705 | +€3,235 | +72.4% |
| Recurring financial income | 75 | €4,470 | €7,705 | +€3,235 | +72.4% |
| Financial charges | 65/66B | €5,729 | €69,959 | +€64,230 | +1121.0% |
| Recurring financial charges | 65 | €5,729 | €64,867 | +€59,138 | +1032.2% |
| Non-recurring financial charges | 66B | - | €5,092 | +€5,092 | |
| Profit (loss) for the period before taxes | 9903 | -€105,562 | €63,413 | +€168,976 | |
| Transfer from deferred taxes | 780 | €1,591 | €0 | -€1,591 | -100.0% |
| Transfer to deferred taxes | 680 | - | €2,219 | +€2,219 | |
| Profit (loss) for the period | 9904 | -€103,971 | €61,195 | +€165,166 | |
| Transfer from tax-exempt reserves | 789 | €4,773 | €0 | -€4,773 | -100.0% |
| Transfer to tax-exempt reserves | 689 | - | €6,657 | +€6,657 | |
| Profit (loss) for the period to be appropriated | 9905 | -€99,198 | €54,538 | +€153,735 |
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 10 October 2026 via checked.be.