IMPERIUM: 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.
IMPERIUM
Largest movements
- Receivables within one year -€193,442
down €193,442 (-81.1%), from €238,454 to €45,012
of which Trade receivables: -€204,396
- Cash -€45,546
down €45,546 (-96.8%), from €47,074 to €1,528
- Stocks and contracts +€37,440
up €37,440 (+86.6%), from €43,210 to €80,650
- Tangible fixed assets -€12,809
down €12,809 (-32.0%), from €40,067 to €27,257
of which Furniture and vehicles: -€11,707
- Trade debts -€192,463
down €192,463 (-96.5%), from €199,538 to €7,075
- Other debts +€123,002
up €123,002 (+1702.4%), from €7,225 to €130,227
- Profit (loss) carried forward -€90,814
down €90,814, from €4,624 to -€86,190
- Advances received -€52,262
no longer reported in 2024 (was €52,262)
- Reserves +€10,000
up €10,000 (+40.0%), from €25,000 to €35,000
- Gross operating margin -€22,270
down €22,270 (-45.5%), from €48,912 to €26,642
- Taxes -€13,589
no longer reported in 2024 (was €13,589)
- Depreciation +€10,818
up €10,818 (+286.2%), from €3,780 to €14,598
- Financial charges -€1,056
down €1,056 (-86.3%), from €1,224 to €168
- Other operating charges +€736
new in 2024: €736
From the 2021 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €379,204 | €164,148 | -€215,057 | -56.7% |
| Fixed assets | 21/28 | €49,767 | €36,957 | -€12,809 | -25.7% |
| Tangible fixed assets | 22/27 | €40,067 | €27,257 | -€12,809 | -32.0% |
| Furniture and vehicles | 24 | €37,316 | €25,609 | -€11,707 | -31.4% |
| Other tangible fixed assets | 26 | €2,751 | €1,649 | -€1,102 | -40.1% |
| Financial fixed assets | 28 | €9,700 | €9,700 | = | 0.0% |
| Current assets | 29/58 | €329,438 | €127,190 | -€202,247 | -61.4% |
| Stocks and contracts in progress | 3 | €43,210 | €80,650 | +€37,440 | +86.6% |
| Stocks | 30/36 | €43,210 | €80,650 | +€37,440 | +86.6% |
| Amounts receivable within one year | 40/41 | €238,454 | €45,012 | -€193,442 | -81.1% |
| Trade receivables | 40 | €223,111 | €18,715 | -€204,396 | -91.6% |
| Other amounts receivable | 41 | €15,343 | €26,296 | +€10,953 | +71.4% |
| Cash at bank and in hand | 54/58 | €47,074 | €1,528 | -€45,546 | -96.8% |
| Deferred charges and accrued income | 490/1 | €699 | - | -€699 | |
| Total equity and liabilities | 10/49 | €379,204 | €164,148 | -€215,057 | -56.7% |
| Equity | 10/15 | €91,124 | €10,310 | -€80,814 | -88.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €25,000 | €35,000 | +€10,000 | +40.0% |
| Distributable reserves | 133 | €25,000 | €35,000 | +€10,000 | +40.0% |
| Profit (loss) carried forward | 14 | €4,624 | -€86,190 | -€90,814 | |
| Amounts payable | 17/49 | €288,080 | €153,837 | -€134,243 | -46.6% |
| Amounts payable within one year | 42/48 | €280,903 | €153,837 | -€127,066 | -45.2% |
| Trade debts | 44 | €199,538 | €7,075 | -€192,463 | -96.5% |
| Suppliers | 440/4 | €199,538 | €7,075 | -€192,463 | -96.5% |
| Advances received on contracts in progress | 46 | €52,262 | - | -€52,262 | |
| Taxes, remuneration and social security | 45 | €21,878 | €16,535 | -€5,343 | -24.4% |
| Taxes | 450/3 | €21,878 | €16,535 | -€5,343 | -24.4% |
| Other amounts payable | 47/48 | €7,225 | €130,227 | +€123,002 | +1702.4% |
| Accrued charges and deferred income | 492/3 | €7,177 | - | -€7,177 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,780 | €14,598 | +€10,818 | +286.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €698 | - | -€698 | |
| Other operating charges | 640/8 | - | €736 | +€736 | |
| Non-recurring operating charges | 66A | - | €10,000 | +€10,000 | |
| Gross operating margin | 9900 | €48,912 | €26,642 | -€22,270 | -45.5% |
| Operating profit (loss) | 9901 | €44,433 | €1,308 | -€43,126 | -97.1% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €1,224 | €168 | -€1,056 | -86.3% |
| Recurring financial charges | 65 | €1,224 | €168 | -€1,056 | -86.3% |
| Profit (loss) for the period before taxes | 9903 | €43,213 | €1,140 | -€42,073 | -97.4% |
| Income taxes | 67/77 | €13,589 | - | -€13,589 | |
| Profit (loss) for the period | 9904 | €29,624 | €1,140 | -€28,484 | -96.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,624 | €1,140 | -€28,484 | -96.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.