Imperiale Connexions: what changed
Imperiale Connexions
Largest movements
- Cash -€35,318
down €35,318 (-58.5%), from €60,322 to €25,004
mainly Contributions, distributions and other (-€70,000) and Other debts (-€9,799)
- Receivables within one year +€5,159
new in 2025: €5,159
- Tangible fixed assets -€3,535
down €3,535 (-14.0%), from €25,298 to €21,764
of which Other tangible fixed assets: -€2,500
- Profit (loss) carried forward -€31,252
down €31,252 (-61.2%), from €51,028 to €19,776
- Other debts -€9,799
no longer reported in 2025 (was €9,799)
- Tax, wage and social debts +€6,242
up €6,242 (+73.5%), from €8,493 to €14,735
- Trade debts +€1,115
up €1,115 (+372%), from €300 to €1,415
- Depreciation -€7,808
down €7,808 (-62.6%), from €12,468 to €4,660
- Gross operating margin -€7,312
down €7,312 (-10.9%), from €66,778 to €59,466
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,620 | €51,926 | -€33,694 | -39.4% |
| Fixed assets | 21/28 | €25,298 | €21,764 | -€3,535 | -14.0% |
| Tangible fixed assets | 22/27 | €25,298 | €21,764 | -€3,535 | -14.0% |
| Plant, machinery and equipment | 23 | €2,908 | €2,829 | -€78 | -2.7% |
| Furniture and vehicles | 24 | €1,945 | €989 | -€956 | -49.2% |
| Other tangible fixed assets | 26 | €20,445 | €17,945 | -€2,500 | -12.2% |
| Current assets | 29/58 | €60,322 | €30,162 | -€30,159 | -50.0% |
| Amounts receivable within one year | 40/41 | - | €5,159 | +€5,159 | |
| Other amounts receivable | 41 | - | €5,159 | +€5,159 | |
| Cash at bank and in hand | 54/58 | €60,322 | €25,004 | -€35,318 | -58.5% |
| Total equity and liabilities | 10/49 | €85,620 | €51,926 | -€33,694 | -39.4% |
| Equity | 10/15 | €67,028 | €35,776 | -€31,252 | -46.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,028 | €19,776 | -€31,252 | -61.2% |
| Amounts payable | 17/49 | €18,592 | €16,150 | -€2,442 | -13.1% |
| Amounts payable within one year | 42/48 | €18,592 | €16,150 | -€2,442 | -13.1% |
| Trade debts | 44 | €300 | €1,415 | +€1,115 | +372% |
| Suppliers | 440/4 | €300 | €1,415 | +€1,115 | +372% |
| Taxes, remuneration and social security | 45 | €8,493 | €14,735 | +€6,242 | +73.5% |
| Taxes | 450/3 | €8,493 | €14,735 | +€6,242 | +73.5% |
| Other amounts payable | 47/48 | €9,799 | - | -€9,799 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,468 | €4,660 | -€7,808 | -62.6% |
| Other operating charges | 640/8 | €867 | €643 | -€224 | -25.8% |
| Gross operating margin | 9900 | €66,778 | €59,466 | -€7,312 | -10.9% |
| Operating profit (loss) | 9901 | €53,443 | €54,162 | +€719 | +1.3% |
| Financial charges | 65/66B | €269 | €183 | -€87 | -32.2% |
| Recurring financial charges | 65 | €269 | €183 | -€87 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €53,174 | €53,980 | +€806 | +1.5% |
| Income taxes | 67/77 | €15,224 | €15,232 | +€8 | +0.1% |
| Profit (loss) for the period | 9904 | €37,950 | €38,748 | +€798 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,950 | €38,748 | +€798 | +2.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.