IMPIC: 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.
IMPIC
Largest movements
- Tangible fixed assets -€10,559
down €10,559 (-10.3%), from €102,579 to €92,020
of which Land and buildings: -€7,944
- Cash -€4,345
down €4,345 (-1.4%), from €310,120 to €305,775
mainly Current portion of long-term debt (-€9,224) and Other debts (-€5,750)
- Current portion of long-term debt -€9,224
no longer reported in 2025 (was €9,224)
- Other debts -€5,750
down €5,750 (-30.6%), from €18,817 to €13,067
- Gross operating margin +€1,269
up €1,269 (+10.3%), from €12,290 to €13,559
- Financial charges -€796
down €796 (-74.7%), from €1,066 to €269
- Depreciation +€167
up €167 (+1.4%), from €11,718 to €11,884
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 | €429,228 | €414,325 | -€14,903 | -3.5% |
| Fixed assets | 21/28 | €102,579 | €92,020 | -€10,559 | -10.3% |
| Tangible fixed assets | 22/27 | €102,579 | €92,020 | -€10,559 | -10.3% |
| Land and buildings | 22 | €93,244 | €85,300 | -€7,944 | -8.5% |
| Plant, machinery and equipment | 23 | €9,335 | €6,720 | -€2,615 | -28.0% |
| Current assets | 29/58 | €326,649 | €322,305 | -€4,344 | -1.3% |
| Current investments | 50/53 | €16,461 | €16,461 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €310,120 | €305,775 | -€4,345 | -1.4% |
| Deferred charges and accrued income | 490/1 | €68 | €69 | +€1 | +1.6% |
| Total equity and liabilities | 10/49 | €429,228 | €414,325 | -€14,903 | -3.5% |
| Equity | 10/15 | €331,130 | €331,201 | +€71 | 0.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €397 | €397 | = | 0.0% |
| Reserves | 13 | €206,200 | €206,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,533 | €62,604 | +€71 | +0.1% |
| Amounts payable | 17/49 | €98,098 | €83,124 | -€14,974 | -15.3% |
| Amounts payable after more than one year | 17 | €70,057 | €70,057 | = | 0.0% |
| Other amounts payable | 178/9 | €70,057 | €70,057 | = | 0.0% |
| Amounts payable within one year | 42/48 | €28,041 | €13,067 | -€14,974 | -53.4% |
| Current portion of amounts payable after more than one year | 42 | €9,224 | - | -€9,224 | |
| Other amounts payable | 47/48 | €18,817 | €13,067 | -€5,750 | -30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,718 | €11,884 | +€167 | +1.4% |
| Other operating charges | 640/8 | €1,298 | €1,334 | +€36 | +2.7% |
| Gross operating margin | 9900 | €12,290 | €13,559 | +€1,269 | +10.3% |
| Operating profit (loss) | 9901 | -€726 | €341 | +€1,067 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,066 | €269 | -€796 | -74.7% |
| Recurring financial charges | 65 | €1,066 | €269 | -€796 | -74.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,792 | €71 | +€1,863 | |
| Profit (loss) for the period | 9904 | -€1,792 | €71 | +€1,863 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,792 | €71 | +€1,863 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.