IMPLEO: 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.
IMPLEO
Largest movements
- Cash +€33,586
up €33,586 (+205.2%), from €16,367 to €49,953
mainly Net result for the year (+€120,061) and Other debts (+€100,076)
- Tangible fixed assets -€9,132
down €9,132 (-4.3%), from €210,469 to €201,337
- Receivables within one year -€7,551
down €7,551 (-19.5%), from €38,730 to €31,179
of which Trade receivables: -€15,943
- Other debts +€100,076
up €100,076 (+218.6%), from €45,780 to €145,856
- Reserves -€39,939
down €39,939 (-25.7%), from €155,386 to €115,447
- Tax, wage and social debts -€23,317
no longer reported in 2025 (was €23,317)
- Accrued charges and deferred income -€18,831
down €18,831 (-91.0%), from €20,700 to €1,869
- Gross operating margin -€63,386
down €63,386 (-27.2%), from €233,326 to €169,941
- Other operating charges -€16,570
down €16,570 (-97.4%), from €17,020 to €449
- Taxes -€13,208
down €13,208 (-24.8%), from €53,317 to €40,109
- Financial income -€3,000
no longer reported in 2025 (was €3,000)
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 | €265,966 | €282,469 | +€16,502 | +6.2% |
| Fixed assets | 21/28 | €210,469 | €201,337 | -€9,132 | -4.3% |
| Tangible fixed assets | 22/27 | €210,469 | €201,337 | -€9,132 | -4.3% |
| Land and buildings | 22 | €210,469 | €201,337 | -€9,132 | -4.3% |
| Current assets | 29/58 | €55,497 | €81,132 | +€25,635 | +46.2% |
| Amounts receivable within one year | 40/41 | €38,730 | €31,179 | -€7,551 | -19.5% |
| Trade receivables | 40 | €38,439 | €22,496 | -€15,943 | -41.5% |
| Other amounts receivable | 41 | €291 | €8,683 | +€8,391 | +2881.1% |
| Cash at bank and in hand | 54/58 | €16,367 | €49,953 | +€33,586 | +205.2% |
| Deferred charges and accrued income | 490/1 | €400 | - | -€400 | |
| Total equity and liabilities | 10/49 | €265,966 | €282,469 | +€16,502 | +6.2% |
| Equity | 10/15 | €173,936 | €133,997 | -€39,939 | -23.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €155,386 | €115,447 | -€39,939 | -25.7% |
| Distributable reserves | 133 | €155,386 | €115,447 | -€39,939 | -25.7% |
| Amounts payable | 17/49 | €92,030 | €148,472 | +€56,442 | +61.3% |
| Amounts payable within one year | 42/48 | €71,331 | €146,603 | +€75,272 | +105.5% |
| Trade debts | 44 | €2,234 | €748 | -€1,487 | -66.5% |
| Suppliers | 440/4 | €2,234 | €748 | -€1,487 | -66.5% |
| Taxes, remuneration and social security | 45 | €23,317 | - | -€23,317 | |
| Taxes | 450/3 | €23,317 | - | -€23,317 | |
| Other amounts payable | 47/48 | €45,780 | €145,856 | +€100,076 | +218.6% |
| Accrued charges and deferred income | 492/3 | €20,700 | €1,869 | -€18,831 | -91.0% |
| Non-recurring operating income | 76A | €21,000 | - | -€21,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,421 | €9,132 | -€289 | -3.1% |
| Other operating charges | 640/8 | €17,020 | €449 | -€16,570 | -97.4% |
| Gross operating margin | 9900 | €233,326 | €169,941 | -€63,386 | -27.2% |
| Operating profit (loss) | 9901 | €206,886 | €160,359 | -€46,526 | -22.5% |
| Financial income | 75/76B | €3,000 | - | -€3,000 | |
| Recurring financial income | 75 | €3,000 | - | -€3,000 | |
| Financial charges | 65/66B | €200 | €190 | -€10 | -4.9% |
| Recurring financial charges | 65 | €200 | €190 | -€10 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €209,686 | €160,169 | -€49,517 | -23.6% |
| Income taxes | 67/77 | €53,317 | €40,109 | -€13,208 | -24.8% |
| Profit (loss) for the period | 9904 | €156,369 | €120,061 | -€36,309 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €156,369 | €120,061 | -€36,309 | -23.2% |
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 10 October 2026 via checked.be.