Impexacom: 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.
Impexacom
Largest movements
- Receivables within one year -€60,130
down €60,130 (-15.9%), from €377,751 to €317,621
of which Trade receivables: -€64,065
- Stocks and contracts +€42,644
up €42,644 (+10.3%), from €415,333 to €457,977
- Tangible fixed assets +€23,201
up €23,201 (+40.0%), from €57,983 to €81,184
of which Land and buildings: +€20,689
- Cash +€19,499
up €19,499 (+51.8%), from €37,631 to €57,130
mainly Receivables within one year (+€60,130) and Debts after one year (+€35,000)
- Debts after one year +€35,000
up €35,000 (+75.3%), from €46,500 to €81,500
- Trade debts +€19,787
up €19,787 (+6.9%), from €288,559 to €308,346
- Accrued charges and deferred income -€16,930
down €16,930 (-99.7%), from €16,975 to €46
- Staff costs -€16,996
down €16,996 (-4.9%), from €348,792 to €331,797
- Financial income -€6,529
down €6,529 (-99.9%), from €6,537 to €8
- Gross operating margin -€5,552
down €5,552 (-1.5%), from €366,793 to €361,241
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 | €908,063 | €937,358 | +€29,295 | +3.2% |
| Fixed assets | 21/28 | €72,923 | €96,124 | +€23,201 | +31.8% |
| Tangible fixed assets | 22/27 | €57,983 | €81,184 | +€23,201 | +40.0% |
| Land and buildings | 22 | €45,242 | €65,930 | +€20,689 | +45.7% |
| Plant, machinery and equipment | 23 | €4,812 | €11,263 | +€6,450 | +134.0% |
| Furniture and vehicles | 24 | €7,929 | €3,991 | -€3,938 | -49.7% |
| Financial fixed assets | 28 | €14,940 | €14,940 | = | 0.0% |
| Current assets | 29/58 | €835,140 | €841,234 | +€6,094 | +0.7% |
| Stocks and contracts in progress | 3 | €415,333 | €457,977 | +€42,644 | +10.3% |
| Stocks | 30/36 | €415,333 | €457,977 | +€42,644 | +10.3% |
| Amounts receivable within one year | 40/41 | €377,751 | €317,621 | -€60,130 | -15.9% |
| Trade receivables | 40 | €377,236 | €313,171 | -€64,065 | -17.0% |
| Other amounts receivable | 41 | €516 | €4,450 | +€3,934 | +763.2% |
| Cash at bank and in hand | 54/58 | €37,631 | €57,130 | +€19,499 | +51.8% |
| Deferred charges and accrued income | 490/1 | €4,424 | €8,505 | +€4,081 | +92.2% |
| Total equity and liabilities | 10/49 | €908,063 | €937,358 | +€29,295 | +3.2% |
| Equity | 10/15 | €459,980 | €464,116 | +€4,136 | +0.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €385,331 | €385,331 | = | 0.0% |
| Non-distributable reserves | 130/1 | €385,331 | €385,331 | = | 0.0% |
| Other | 1319 | €385,331 | €385,331 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,649 | €16,785 | +€4,136 | +32.7% |
| Amounts payable | 17/49 | €448,083 | €473,242 | +€25,159 | +5.6% |
| Amounts payable after more than one year | 17 | €46,500 | €81,500 | +€35,000 | +75.3% |
| Financial debts | 170/4 | €46,500 | €81,500 | +€35,000 | +75.3% |
| Amounts payable within one year | 42/48 | €384,608 | €391,697 | +€7,089 | +1.8% |
| Trade debts | 44 | €288,559 | €308,346 | +€19,787 | +6.9% |
| Suppliers | 440/4 | €288,559 | €308,346 | +€19,787 | +6.9% |
| Taxes, remuneration and social security | 45 | €54,700 | €48,248 | -€6,452 | -11.8% |
| Taxes | 450/3 | €24,891 | €19,785 | -€5,106 | -20.5% |
| Remuneration and social security | 454/9 | €29,809 | €28,463 | -€1,346 | -4.5% |
| Other amounts payable | 47/48 | €41,349 | €35,103 | -€6,246 | -15.1% |
| Accrued charges and deferred income | 492/3 | €16,975 | €46 | -€16,930 | -99.7% |
| Remuneration, social security and pensions | 62 | €348,792 | €331,797 | -€16,996 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,770 | €9,170 | +€3,400 | +58.9% |
| Other operating charges | 640/8 | €10,656 | €8,787 | -€1,869 | -17.5% |
| Gross operating margin | 9900 | €366,793 | €361,241 | -€5,552 | -1.5% |
| Operating profit (loss) | 9901 | €1,575 | €11,487 | +€9,912 | +629.5% |
| Financial income | 75/76B | €6,537 | €8 | -€6,529 | -99.9% |
| Recurring financial income | 75 | €6,537 | €8 | -€6,529 | -99.9% |
| Financial charges | 65/66B | €6,163 | €7,359 | +€1,196 | +19.4% |
| Recurring financial charges | 65 | €6,163 | €7,359 | +€1,196 | +19.4% |
| Profit (loss) for the period before taxes | 9903 | €1,949 | €4,136 | +€2,187 | +112.2% |
| Profit (loss) for the period | 9904 | €1,949 | €4,136 | +€2,187 | +112.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,949 | €4,136 | +€2,187 | +112.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.