IMPLANTOPARO: 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.
IMPLANTOPARO
Largest movements
- Cash -€109,120
down €109,120 (-24.9%), from €438,590 to €329,471
mainly Contributions, distributions and other (-€290,119) and Debts after one year (-€91,330)
- Receivables within one year -€56,341
down €56,341 (-83.7%), from €67,321 to €10,980
of which Other amounts receivable: -€55,033
- Tangible fixed assets -€38,297
down €38,297 (-4.0%), from €947,171 to €908,874
of which Leasing and similar rights: -€27,168
- Stocks and contracts +€29,327
up €29,327 (+216%), from €13,560 to €42,887
- Intangible fixed assets -€22,000
down €22,000 (-33.3%), from €66,000 to €44,000
- Reserves -€97,975
down €97,975 (-16.0%), from €612,603 to €514,628
- Debts after one year -€91,330
down €91,330 (-12.5%), from €731,770 to €640,440
- Tax, wage and social debts +€22,555
up €22,555 (+77.1%), from €29,248 to €51,803
of which Taxes: +€23,400
- Current portion of long-term debt -€18,949
down €18,949 (-17.2%), from €110,278 to €91,330
- Gross operating margin +€106,513
up €106,513 (+27.3%), from €390,123 to €496,636
- Taxes +€30,688
up €30,688 (+53.2%), from €57,712 to €88,400
- Depreciation +€9,743
up €9,743 (+9.0%), from €108,069 to €117,813
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 | €1,539,688 | €1,341,243 | -€198,445 | -12.9% |
| Fixed assets | 21/28 | €1,013,171 | €952,874 | -€60,297 | -6.0% |
| Intangible fixed assets | 21 | €66,000 | €44,000 | -€22,000 | -33.3% |
| Tangible fixed assets | 22/27 | €947,171 | €908,874 | -€38,297 | -4.0% |
| Land and buildings | 22 | €698,735 | €689,937 | -€8,798 | -1.3% |
| Plant, machinery and equipment | 23 | €53,714 | €55,308 | +€1,594 | +3.0% |
| Furniture and vehicles | 24 | €49,252 | €43,539 | -€5,713 | -11.6% |
| Leasing and similar rights | 25 | €137,560 | €110,392 | -€27,168 | -19.8% |
| Other tangible fixed assets | 26 | €7,910 | €9,698 | +€1,788 | +22.6% |
| Current assets | 29/58 | €526,517 | €388,370 | -€138,148 | -26.2% |
| Stocks and contracts in progress | 3 | €13,560 | €42,887 | +€29,327 | +216% |
| Stocks | 30/36 | €13,560 | €42,887 | +€29,327 | +216% |
| Amounts receivable within one year | 40/41 | €67,321 | €10,980 | -€56,341 | -83.7% |
| Trade receivables | 40 | €1,740 | €432 | -€1,308 | -75.2% |
| Other amounts receivable | 41 | €65,581 | €10,548 | -€55,033 | -83.9% |
| Cash at bank and in hand | 54/58 | €438,590 | €329,471 | -€109,120 | -24.9% |
| Deferred charges and accrued income | 490/1 | €7,046 | €5,032 | -€2,015 | -28.6% |
| Total equity and liabilities | 10/49 | €1,539,688 | €1,341,243 | -€198,445 | -12.9% |
| Equity | 10/15 | €631,203 | €533,228 | -€97,975 | -15.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €612,603 | €514,628 | -€97,975 | -16.0% |
| Distributable reserves | 133 | €612,603 | €514,628 | -€97,975 | -16.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €908,485 | €808,015 | -€100,470 | -11.1% |
| Amounts payable after more than one year | 17 | €731,770 | €640,440 | -€91,330 | -12.5% |
| Financial debts | 170/4 | €731,770 | €640,440 | -€91,330 | -12.5% |
| Amounts payable within one year | 42/48 | €176,715 | €167,575 | -€9,140 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €110,278 | €91,330 | -€18,949 | -17.2% |
| Trade debts | 44 | €36,166 | €24,442 | -€11,724 | -32.4% |
| Suppliers | 440/4 | €36,166 | €24,442 | -€11,724 | -32.4% |
| Taxes, remuneration and social security | 45 | €29,248 | €51,803 | +€22,555 | +77.1% |
| Taxes | 450/3 | €7,712 | €31,112 | +€23,400 | +303% |
| Remuneration and social security | 454/9 | €21,536 | €20,691 | -€845 | -3.9% |
| Other amounts payable | 47/48 | €1,023 | €0 | -€1,023 | -100% |
| Remuneration, social security and pensions | 62 | €62,910 | €65,791 | +€2,881 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,069 | €117,813 | +€9,743 | +9.0% |
| Other operating charges | 640/8 | €6,033 | €5,131 | -€902 | -15.0% |
| Gross operating margin | 9900 | €390,123 | €496,636 | +€106,513 | +27.3% |
| Operating profit (loss) | 9901 | €213,112 | €307,902 | +€94,790 | +44.5% |
| Financial income | 75/76B | €4,822 | €1 | -€4,822 | -100.0% |
| Recurring financial income | 75 | €4,822 | €1 | -€4,822 | -100.0% |
| Financial charges | 65/66B | €30,303 | €27,360 | -€2,944 | -9.7% |
| Recurring financial charges | 65 | €30,303 | €27,360 | -€2,944 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €187,631 | €280,543 | +€92,912 | +49.5% |
| Income taxes | 67/77 | €57,712 | €88,400 | +€30,688 | +53.2% |
| Profit (loss) for the period | 9904 | €129,919 | €192,143 | +€62,224 | +47.9% |
| Profit (loss) for the period to be appropriated | 9905 | €129,919 | €192,143 | +€62,224 | +47.9% |
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 31 October 2026 via checked.be.