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IMPLUS: 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.

What changed

IMPLUS

BE 0711.716.516
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€41,630
2024 · €35,852+€5,778
Equity
€49,000
2024 · €7,370+€41,630
Cash
€11,255
2024 · €26,462-€15,206
Balance sheet total
€799,267
2024 · €832,669-€33,402

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€22,656

    down €22,656 (-2.8%), from €806,208 to €783,552

  • Cash -€15,206

    down €15,206 (-57.5%), from €26,462 to €11,255

    mainly Debts after one year (-€46,083) and Other debts (-€30,000)

Equity and liabilities
  • Debts after one year -€46,083

    down €46,083 (-8.4%), from €550,269 to €504,186

  • Reserves +€30,400

    new in 2025: €30,400

  • Other debts -€30,000

    down €30,000 (-13.4%), from €223,370 to €193,370

  • Profit (loss) carried forward +€11,230

    up €11,230, from -€11,230 to €0

Income statement
  • Gross operating margin +€8,510

    up €8,510 (+12.4%), from €68,363 to €76,873

  • Other operating charges +€3,277

    up €3,277 (+128.7%), from €2,546 to €5,823

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €35,852
Gross operating margin +€8,510
Other operating charges -€3,277
Financial charges +€544
Result 2025 €41,630

Cash bridge derived

cash 2024 to 2025

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.

From operations +€30,350
Investment €0
Financing -€45,556
Cash 2024 €26,462
Net result for the year +€41,630
Depreciation +€22,656
Receivables within one year -€4,460
Trade debts +€275
Other debts -€30,000
Accrued charges and deferred income +€249
Debts after one year -€46,083
Current portion of long-term debt +€527
Cash 2025 €11,255
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €832,669 €799,267 -€33,402 -4.0%
Fixed assets 21/28 €806,208 €783,552 -€22,656 -2.8%
Tangible fixed assets 22/27 €806,208 €783,552 -€22,656 -2.8%
Land and buildings 22 €806,208 €783,552 -€22,656 -2.8%
Current assets 29/58 €26,462 €15,715 -€10,746 -40.6%
Amounts receivable within one year 40/41 - €4,460 +€4,460
Other amounts receivable 41 - €4,460 +€4,460
Cash at bank and in hand 54/58 €26,462 €11,255 -€15,206 -57.5%
Deferred charges and accrued income 490/1 €0 - =
Total equity and liabilities 10/49 €832,669 €799,267 -€33,402 -4.0%
Equity 10/15 €7,370 €49,000 +€41,630 +564.9%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 - €30,400 +€30,400
Distributable reserves 133 - €30,400 +€30,400
Profit (loss) carried forward 14 -€11,230 €0 +€11,230
Amounts payable 17/49 €825,300 €750,268 -€75,032 -9.1%
Amounts payable after more than one year 17 €550,269 €504,186 -€46,083 -8.4%
Financial debts 170/4 €550,269 €504,186 -€46,083 -8.4%
Amounts payable within one year 42/48 €268,926 €239,727 -€29,198 -10.9%
Current portion of amounts payable after more than one year 42 €45,556 €46,083 +€527 +1.2%
Trade debts 44 - €275 +€275
Suppliers 440/4 - €275 +€275
Other amounts payable 47/48 €223,370 €193,370 -€30,000 -13.4%
Accrued charges and deferred income 492/3 €6,105 €6,354 +€249 +4.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €22,656 €22,656 = 0.0%
Other operating charges 640/8 €2,546 €5,823 +€3,277 +128.7%
Gross operating margin 9900 €68,363 €76,873 +€8,510 +12.4%
Operating profit (loss) 9901 €43,161 €48,395 +€5,234 +12.1%
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €7,309 €6,765 -€544 -7.4%
Recurring financial charges 65 €7,309 €6,765 -€544 -7.4%
Profit (loss) for the period before taxes 9903 €35,852 €41,630 +€5,778 +16.1%
Profit (loss) for the period 9904 €35,852 €41,630 +€5,778 +16.1%
Profit (loss) for the period to be appropriated 9905 €35,852 €41,630 +€5,778 +16.1%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.