IMPLEMENTIS: 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.
IMPLEMENTIS
Largest movements
- Tangible fixed assets -€75,762
down €75,762 (-6.0%), from €1.3m to €1.2m
of which Land and buildings: -€66,227
- Debts after one year -€84,372
down €84,372 (-13.0%), from €648,566 to €564,194
- Other debts +€48,235
up €48,235 (+24.0%), from €200,774 to €249,010
- Tax, wage and social debts -€33,252
down €33,252 (-95.5%), from €34,817 to €1,565
of which Remuneration and social security: -€21,490
- Reserves -€19,508
down €19,508 (-5.6%), from €346,219 to €326,711
of which Tax-exempt reserves: -€19,508
- Gross operating margin -€44,263
down €44,263 (-32.2%), from €137,314 to €93,051
- Taxes -€23,851
down €23,851, from €6,118 to -€17,733
- Depreciation -€17,571
down €17,571 (-18.1%), from €97,332 to €79,762
- Other operating charges +€3,567
up €3,567 (+25.9%), from €13,763 to €17,330
- Financial charges +€3,454
up €3,454 (+35.3%), from €9,783 to €13,237
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 | €1,606,651 | €1,517,305 | -€89,345 | -5.6% |
| Fixed assets | 21/28 | €1,259,905 | €1,184,143 | -€75,762 | -6.0% |
| Tangible fixed assets | 22/27 | €1,259,760 | €1,183,998 | -€75,762 | -6.0% |
| Land and buildings | 22 | €1,225,527 | €1,159,300 | -€66,227 | -5.4% |
| Furniture and vehicles | 24 | €34,233 | €24,698 | -€9,535 | -27.9% |
| Financial fixed assets | 28 | €145 | €145 | = | 0.0% |
| Current assets | 29/58 | €346,745 | €333,162 | -€13,583 | -3.9% |
| Amounts receivable within one year | 40/41 | €311,884 | €314,129 | +€2,245 | +0.7% |
| Trade receivables | 40 | €311,884 | €313,566 | +€1,682 | +0.5% |
| Other amounts receivable | 41 | - | €563 | +€563 | |
| Cash at bank and in hand | 54/58 | €34,861 | €19,033 | -€15,828 | -45.4% |
| Total equity and liabilities | 10/49 | €1,606,651 | €1,517,305 | -€89,345 | -5.6% |
| Equity | 10/15 | €407,827 | €387,234 | -€20,593 | -5.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €346,219 | €326,711 | -€19,508 | -5.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,293 | €22,784 | -€19,508 | -46.1% |
| Distributable reserves | 133 | €302,067 | €302,067 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,407 | €54,323 | -€1,085 | -2.0% |
| Provisions and deferred taxes | 16 | €7,847 | €7,594 | -€253 | -3.2% |
| Deferred taxes | 168 | €7,847 | €7,594 | -€253 | -3.2% |
| Amounts payable | 17/49 | €1,190,977 | €1,122,478 | -€68,499 | -5.8% |
| Amounts payable after more than one year | 17 | €648,566 | €564,194 | -€84,372 | -13.0% |
| Financial debts | 170/4 | €648,566 | €564,194 | -€84,372 | -13.0% |
| Amounts payable within one year | 42/48 | €542,411 | €558,284 | +€15,873 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €82,109 | €84,372 | +€2,263 | +2.8% |
| Trade debts | 44 | €224,711 | €223,337 | -€1,373 | -0.6% |
| Suppliers | 440/4 | €224,711 | €223,337 | -€1,373 | -0.6% |
| Taxes, remuneration and social security | 45 | €34,817 | €1,565 | -€33,252 | -95.5% |
| Taxes | 450/3 | €13,327 | €1,565 | -€11,762 | -88.3% |
| Remuneration and social security | 454/9 | €21,490 | - | -€21,490 | |
| Other amounts payable | 47/48 | €200,774 | €249,010 | +€48,235 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,332 | €79,762 | -€17,571 | -18.1% |
| Other operating charges | 640/8 | €13,763 | €17,330 | +€3,567 | +25.9% |
| Gross operating margin | 9900 | €137,314 | €93,051 | -€44,263 | -32.2% |
| Operating profit (loss) | 9901 | €26,219 | -€4,040 | -€30,260 | |
| Financial income | 75/76B | €258 | €387 | +€129 | +49.8% |
| Recurring financial income | 75 | €258 | €387 | +€129 | +49.8% |
| Financial charges | 65/66B | €9,783 | €13,237 | +€3,454 | +35.3% |
| Recurring financial charges | 65 | €9,783 | €13,237 | +€3,454 | +35.3% |
| Profit (loss) for the period before taxes | 9903 | €16,694 | -€16,890 | -€33,584 | |
| Transfer from deferred taxes | 780 | €758 | €758 | = | 0.0% |
| Income taxes | 67/77 | €6,118 | -€17,733 | -€23,851 | |
| Profit (loss) for the period | 9904 | €11,334 | €1,601 | -€9,733 | -85.9% |
| Transfer from tax-exempt reserves | 789 | €253 | €253 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,587 | €1,854 | -€9,733 | -84.0% |
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 11 October 2026 via checked.be.