IMPEX: 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.
IMPEX
Largest movements
- Tangible fixed assets -€7,470
down €7,470 (-25.9%), from €28,885 to €21,414
of which Plant, machinery and equipment: -€6,612
- Cash +€4,222
up €4,222 (+246.9%), from €1,710 to €5,932
mainly Trade debts (+€26,750) and Depreciation (+€7,470)
- Receivables within one year +€1,895
up €1,895 (+37.6%), from €5,040 to €6,935
of which Other amounts receivable: +€2,725
- Stocks and contracts -€1,589
down €1,589 (-22.7%), from €7,014 to €5,425
- Debts after one year -€35,000
down €35,000 (-71.4%), from €49,000 to €14,000
- Trade debts +€26,750
up €26,750 (+169.6%), from €15,771 to €42,521
- Profit (loss) carried forward +€6,502
up €6,502 (+5.2%), from -€124,965 to -€118,463
- Tax, wage and social debts -€958
down €958 (-7.3%), from €13,103 to €12,146
of which Remuneration and social security: -€1,477
- Staff costs +€8,010
up €8,010 (+26.6%), from €30,149 to €38,159
- Write-downs -€4,715
no longer reported in 2025 (was €4,715)
- Gross operating margin +€2,224
up €2,224 (+3.9%), from €56,694 to €58,918
- Financial charges +€1,028
up €1,028 (+136.1%), from €756 to €1,784
- Taxes +€813
up €813 (+93.0%), from €874 to €1,687
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 | €66,664 | €63,731 | -€2,934 | -4.4% |
| Fixed assets | 21/28 | €29,935 | €22,464 | -€7,470 | -25.0% |
| Tangible fixed assets | 22/27 | €28,885 | €21,414 | -€7,470 | -25.9% |
| Plant, machinery and equipment | 23 | €27,074 | €20,462 | -€6,612 | -24.4% |
| Furniture and vehicles | 24 | €1,811 | €953 | -€858 | -47.4% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €36,730 | €41,267 | +€4,537 | +12.4% |
| Stocks and contracts in progress | 3 | €7,014 | €5,425 | -€1,589 | -22.7% |
| Stocks | 30/36 | €7,014 | €5,425 | -€1,589 | -22.7% |
| Amounts receivable within one year | 40/41 | €5,040 | €6,935 | +€1,895 | +37.6% |
| Trade receivables | 40 | €3,480 | €2,650 | -€830 | -23.9% |
| Other amounts receivable | 41 | €1,561 | €4,286 | +€2,725 | +174.6% |
| Cash at bank and in hand | 54/58 | €1,710 | €5,932 | +€4,222 | +246.9% |
| Deferred charges and accrued income | 490/1 | €22,965 | €22,974 | +€9 | 0.0% |
| Total equity and liabilities | 10/49 | €66,664 | €63,731 | -€2,934 | -4.4% |
| Equity | 10/15 | -€13,360 | -€6,859 | +€6,502 | +48.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €11,605 | €11,605 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,462 | €8,462 | = | 0.0% |
| Legal reserve | 130 | €8,462 | €8,462 | = | 0.0% |
| Distributable reserves | 133 | €3,142 | €3,142 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,965 | -€118,463 | +€6,502 | +5.2% |
| Amounts payable | 17/49 | €80,025 | €70,590 | -€9,435 | -11.8% |
| Amounts payable after more than one year | 17 | €49,000 | €14,000 | -€35,000 | -71.4% |
| Other amounts payable | 178/9 | €49,000 | €14,000 | -€35,000 | -71.4% |
| Amounts payable within one year | 42/48 | €31,025 | €56,550 | +€25,525 | +82.3% |
| Trade debts | 44 | €15,771 | €42,521 | +€26,750 | +169.6% |
| Suppliers | 440/4 | €15,771 | €42,521 | +€26,750 | +169.6% |
| Taxes, remuneration and social security | 45 | €13,103 | €12,146 | -€958 | -7.3% |
| Taxes | 450/3 | €8,777 | €9,297 | +€520 | +5.9% |
| Remuneration and social security | 454/9 | €4,326 | €2,849 | -€1,477 | -34.2% |
| Other amounts payable | 47/48 | €2,150 | €1,883 | -€267 | -12.4% |
| Accrued charges and deferred income | 492/3 | - | €40 | +€40 | |
| Remuneration, social security and pensions | 62 | €30,149 | €38,159 | +€8,010 | +26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,248 | €7,470 | +€223 | +3.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,715 | - | -€4,715 | |
| Non-recurring operating charges | 66A | €1,961 | €3,322 | +€1,361 | +69.4% |
| Gross operating margin | 9900 | €56,694 | €58,918 | +€2,224 | +3.9% |
| Operating profit (loss) | 9901 | €12,621 | €9,967 | -€2,655 | -21.0% |
| Financial income | 75/76B | €3 | €6 | +€3 | +115.8% |
| Recurring financial income | 75 | €3 | €6 | +€3 | +115.8% |
| Financial charges | 65/66B | €756 | €1,784 | +€1,028 | +136.1% |
| Recurring financial charges | 65 | €756 | €1,784 | +€1,028 | +136.1% |
| Profit (loss) for the period before taxes | 9903 | €11,869 | €8,189 | -€3,680 | -31.0% |
| Income taxes | 67/77 | €874 | €1,687 | +€813 | +93.0% |
| Profit (loss) for the period | 9904 | €10,994 | €6,502 | -€4,493 | -40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,994 | €6,502 | -€4,493 | -40.9% |
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.