IMPARI: 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.
IMPARI
Largest movements
- Cash +€51,150
up €51,150 (+18.9%), from €270,969 to €322,119
mainly Net result for the year (+€50,331) and Depreciation (+€39,629)
- Tangible fixed assets -€28,197
down €28,197 (-4.4%), from €642,549 to €614,353
of which Land and buildings: -€26,306
- Reserves +€50,331
up €50,331 (+9.2%), from €547,375 to €597,706
of which Distributable reserves: +€63,909
- Debts after one year -€32,000
down €32,000 (-52.4%), from €61,087 to €29,087
- Tax, wage and social debts +€13,481
up €13,481 (+102.5%), from €13,152 to €26,633
- Gross operating margin +€11,646
up €11,646 (+9.6%), from €121,805 to €133,451
- Taxes +€4,088
up €4,088 (+16.0%), from €25,491 to €29,579
- Financial charges -€1,535
down €1,535 (-18.6%), from €8,232 to €6,697
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.
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 | €921,469 | €948,119 | +€26,650 | +2.9% |
| Fixed assets | 21/28 | €642,549 | €614,353 | -€28,197 | -4.4% |
| Tangible fixed assets | 22/27 | €642,549 | €614,353 | -€28,197 | -4.4% |
| Land and buildings | 22 | €636,212 | €609,906 | -€26,306 | -4.1% |
| Plant, machinery and equipment | 23 | €1,894 | €1,568 | -€326 | -17.2% |
| Furniture and vehicles | 24 | €4,443 | €2,878 | -€1,565 | -35.2% |
| Current assets | 29/58 | €278,919 | €333,766 | +€54,847 | +19.7% |
| Amounts receivable within one year | 40/41 | €15 | €9,058 | +€9,043 | +60364.6% |
| Trade receivables | 40 | €6 | €9,058 | +€9,051 | +143216.5% |
| Other amounts receivable | 41 | €9 | €0 | -€9 | -100.0% |
| Cash at bank and in hand | 54/58 | €270,969 | €322,119 | +€51,150 | +18.9% |
| Deferred charges and accrued income | 490/1 | €7,936 | €2,590 | -€5,345 | -67.4% |
| Total equity and liabilities | 10/49 | €921,469 | €948,119 | +€26,650 | +2.9% |
| Equity | 10/15 | €652,730 | €703,061 | +€50,331 | +7.7% |
| Contributions | 10/11 | €105,355 | €105,355 | = | 0.0% |
| Capital | 10 | €105,355 | €105,355 | = | 0.0% |
| Issued capital | 100 | €105,355 | €105,355 | = | 0.0% |
| Reserves | 13 | €547,375 | €597,706 | +€50,331 | +9.2% |
| Non-distributable reserves | 130/1 | €10,535 | €10,535 | = | 0.0% |
| Legal reserve | 130 | €10,535 | €10,535 | = | 0.0% |
| Tax-exempt reserves | 132 | €290,207 | €276,628 | -€13,578 | -4.7% |
| Distributable reserves | 133 | €246,633 | €310,542 | +€63,909 | +25.9% |
| Provisions and deferred taxes | 16 | €149,434 | €142,442 | -€6,992 | -4.7% |
| Deferred taxes | 168 | €149,434 | €142,442 | -€6,992 | -4.7% |
| Amounts payable | 17/49 | €119,305 | €102,616 | -€16,689 | -14.0% |
| Amounts payable after more than one year | 17 | €61,087 | €29,087 | -€32,000 | -52.4% |
| Financial debts | 170/4 | €61,087 | €29,087 | -€32,000 | -52.4% |
| Amounts payable within one year | 42/48 | €51,798 | €66,908 | +€15,110 | +29.2% |
| Trade debts | 44 | €3,689 | €1,208 | -€2,481 | -67.3% |
| Suppliers | 440/4 | €3,689 | €1,208 | -€2,481 | -67.3% |
| Taxes, remuneration and social security | 45 | €13,152 | €26,633 | +€13,481 | +102.5% |
| Taxes | 450/3 | €13,152 | €26,633 | +€13,481 | +102.5% |
| Other amounts payable | 47/48 | €34,958 | €39,068 | +€4,110 | +11.8% |
| Accrued charges and deferred income | 492/3 | €6,419 | €6,621 | +€201 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,065 | €39,629 | +€564 | +1.4% |
| Other operating charges | 640/8 | €14,838 | €14,207 | -€631 | -4.3% |
| Gross operating margin | 9900 | €121,805 | €133,451 | +€11,646 | +9.6% |
| Operating profit (loss) | 9901 | €67,902 | €79,615 | +€11,713 | +17.2% |
| Financial charges | 65/66B | €8,232 | €6,697 | -€1,535 | -18.6% |
| Recurring financial charges | 65 | €8,232 | €6,697 | -€1,535 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €59,670 | €72,918 | +€13,248 | +22.2% |
| Transfer from deferred taxes | 780 | €6,992 | €6,992 | = | 0.0% |
| Income taxes | 67/77 | €25,491 | €29,579 | +€4,088 | +16.0% |
| Profit (loss) for the period | 9904 | €41,170 | €50,331 | +€9,160 | +22.2% |
| Transfer from tax-exempt reserves | 789 | €13,578 | €13,578 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,749 | €63,909 | +€9,160 | +16.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.