IMOPUR: 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.
IMOPUR
Largest movements
- Tangible fixed assets -€188,222
down €188,222 (-10.3%), from €1.8m to €1.6m
- Cash +€41,015
new in 2025: €41,015
mainly Depreciation (+€188,222) and Net result for the year (+€85,260)
- Debts after one year -€144,205
down €144,205 (-25.6%), from €563,300 to €419,094
- Current portion of long-term debt -€137,127
down €137,127 (-50.4%), from €271,935 to €134,808
- Reserves +€85,260
up €85,260 (+11.3%), from €755,537 to €840,796
of which Distributable reserves: +€85,260
- Other debts +€39,910
up €39,910 (+41.1%), from €97,039 to €136,949
- Gross operating margin -€273,455
down €273,455 (-42.3%), from €646,616 to €373,161
- Depreciation -€187,263
down €187,263 (-49.9%), from €375,485 to €188,222
- Other operating charges +€49,515
up €49,515 (+12783.4%), from €387 to €49,903
- Taxes -€39,298
down €39,298 (-49.7%), from €79,086 to €39,788
- Financial charges -€7,113
down €7,113 (-40.8%), from €17,438 to €10,326
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 | €1,822,728 | €1,675,230 | -€147,498 | -8.1% |
| Fixed assets | 21/28 | €1,822,437 | €1,634,215 | -€188,222 | -10.3% |
| Tangible fixed assets | 22/27 | €1,822,437 | €1,634,215 | -€188,222 | -10.3% |
| Land and buildings | 22 | €1,822,437 | €1,634,215 | -€188,222 | -10.3% |
| Current assets | 29/58 | €291 | €41,015 | +€40,724 | +14014.8% |
| Amounts receivable within one year | 40/41 | €291 | - | -€291 | |
| Other amounts receivable | 41 | €291 | - | -€291 | |
| Cash at bank and in hand | 54/58 | - | €41,015 | +€41,015 | |
| Total equity and liabilities | 10/49 | €1,822,728 | €1,675,230 | -€147,498 | -8.1% |
| Equity | 10/15 | €873,031 | €958,291 | +€85,260 | +9.8% |
| Contributions | 10/11 | €39,731 | €39,731 | = | 0.0% |
| Outside capital | 11 | €39,731 | €39,731 | = | 0.0% |
| Other | 1109/19 | €39,731 | €39,731 | = | 0.0% |
| Reserves | 13 | €755,537 | €840,796 | +€85,260 | +11.3% |
| Non-distributable reserves | 130/1 | €3,973 | €3,973 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,973 | €3,973 | = | 0.0% |
| Distributable reserves | 133 | €751,563 | €836,823 | +€85,260 | +11.3% |
| Investment grants | 15 | €77,764 | €77,764 | = | 0.0% |
| Amounts payable | 17/49 | €949,696 | €716,939 | -€232,757 | -24.5% |
| Amounts payable after more than one year | 17 | €563,300 | €419,094 | -€144,205 | -25.6% |
| Financial debts | 170/4 | €563,300 | €419,094 | -€144,205 | -25.6% |
| Amounts payable within one year | 42/48 | €386,396 | €297,844 | -€88,552 | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €271,935 | €134,808 | -€137,127 | -50.4% |
| Trade debts | 44 | €337 | €214 | -€123 | -36.5% |
| Suppliers | 440/4 | €337 | €214 | -€123 | -36.5% |
| Taxes, remuneration and social security | 45 | €17,086 | €25,874 | +€8,788 | +51.4% |
| Taxes | 450/3 | €17,086 | €25,874 | +€8,788 | +51.4% |
| Other amounts payable | 47/48 | €97,039 | €136,949 | +€39,910 | +41.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €375,485 | €188,222 | -€187,263 | -49.9% |
| Other operating charges | 640/8 | €387 | €49,903 | +€49,515 | +12783.4% |
| Gross operating margin | 9900 | €646,616 | €373,161 | -€273,455 | -42.3% |
| Operating profit (loss) | 9901 | €270,744 | €135,037 | -€135,707 | -50.1% |
| Financial income | 75/76B | - | €337 | +€337 | |
| Recurring financial income | 75 | - | €337 | +€337 | |
| Financial charges | 65/66B | €17,438 | €10,326 | -€7,113 | -40.8% |
| Recurring financial charges | 65 | €17,438 | €10,326 | -€7,113 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | €253,305 | €125,047 | -€128,258 | -50.6% |
| Income taxes | 67/77 | €79,086 | €39,788 | -€39,298 | -49.7% |
| Profit (loss) for the period | 9904 | €174,219 | €85,260 | -€88,960 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €174,219 | €85,260 | -€88,960 | -51.1% |
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 4 October 2026 via checked.be.