Impex Belgium: 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 Belgium
Largest movements
- Financial fixed assets +€25.2m
up €25.2m (+72.9%), from €34.6m to €59.8m
- Contributions +€20.0m
up €20.0m (+52.9%), from €37.8m to €57.9m
- Revaluation surpluses +€2.8m
new in 2025: €2.8m
- Profit (loss) carried forward +€2.3m
up €2.3m (+75.8%), from -€3.1m to -€745,660
- Financial income +€2.4m
up €2.4m (+522,248%), from €460 to €2.4m
of which Non-recurring financial income: +€2.4m
- Financial charges -€2.2m
down €2.2m (-100.0%), from €2.2m to €640
of which Non-recurring financial charges: -€2.2m
- Gross operating margin +€34,989
up €34,989 (+49.7%), from -€70,469 to -€35,480
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.
Derived cash bridge
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 | €34,771,685 | €59,968,309 | +€25.2m | +72.5% |
| Formation expenses | 20 | €81,372 | €55,605 | -€25,767 | -31.7% |
| Fixed assets | 21/28 | €34,622,584 | €59,848,329 | +€25.2m | +72.9% |
| Financial fixed assets | 28 | €34,622,584 | €59,848,329 | +€25.2m | +72.9% |
| Current assets | 29/58 | €67,729 | €64,375 | -€3,354 | -5.0% |
| Amounts receivable within one year | 40/41 | €2,632 | - | -€2,632 | |
| Other amounts receivable | 41 | €2,632 | - | -€2,632 | |
| Cash at bank and in hand | 54/58 | €65,097 | €64,375 | -€722 | -1.1% |
| Total equity and liabilities | 10/49 | €34,771,685 | €59,968,309 | +€25.2m | +72.5% |
| Equity | 10/15 | €34,762,534 | €59,956,395 | +€25.2m | +72.5% |
| Contributions | 10/11 | €37,849,109 | €57,857,898 | +€20.0m | +52.9% |
| Revaluation surpluses | 12 | - | €2,844,157 | +€2.8m | |
| Profit (loss) carried forward | 14 | -€3,086,575 | -€745,660 | +€2.3m | +75.8% |
| Amounts payable | 17/49 | €9,151 | €11,914 | +€2,763 | +30.2% |
| Amounts payable within one year | 42/48 | €9,151 | €11,914 | +€2,763 | +30.2% |
| Trade debts | 44 | €8,105 | €11,914 | +€3,809 | +47.0% |
| Suppliers | 440/4 | €8,105 | €11,914 | +€3,809 | +47.0% |
| Other amounts payable | 47/48 | €1,046 | - | -€1,046 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,767 | €25,767 | = | 0.0% |
| Gross operating margin | 9900 | -€70,469 | -€35,480 | +€34,989 | +49.7% |
| Operating profit (loss) | 9901 | -€96,236 | -€61,247 | +€34,989 | +36.4% |
| Financial income | 75/76B | €460 | €2,402,802 | +€2.4m | +522,248% |
| Recurring financial income | 75 | €460 | €2,402,802 | +€2.4m | +522,248% |
| Non-recurring financial income | 76B | - | €2,402,802 | +€2.4m | |
| Financial charges | 65/66B | €2,202,264 | €640 | -€2.2m | -100.0% |
| Recurring financial charges | 65 | €368 | €640 | +€272 | +73.8% |
| Non-recurring financial charges | 66B | €2,201,896 | - | -€2.2m | |
| Profit (loss) for the period before taxes | 9903 | -€2,298,040 | €2,340,915 | +€4.6m | |
| Profit (loss) for the period | 9904 | -€2,298,040 | €2,340,915 | +€4.6m | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,298,040 | €2,340,915 | +€4.6m |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.