IMPOLES: 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.
IMPOLES
Largest movements
- Cash +€40,535
up €40,535 (+734.3%), from €5,520 to €46,055
mainly Depreciation (+€32,918) and Net result for the year (+€32,814)
- Tangible fixed assets -€32,918
down €32,918 (-10.3%), from €318,216 to €285,298
- Reserves +€32,813
up €32,813 (+25.1%), from €130,768 to €163,581
- Debts after one year -€19,096
down €19,096 (-23.4%), from €81,732 to €62,636
- Other debts -€9,982
down €9,982 (-13.3%), from €75,000 to €65,018
- Trade debts -€5,252
no longer reported in 2025 (was €5,252)
- Depreciation -€6,541
down €6,541 (-16.6%), from €39,459 to €32,918
- Financial charges -€5,116
down €5,116 (-41.8%), from €12,227 to €7,111
- Taxes +€4,230
up €4,230 (+38.2%), from €11,083 to €15,313
- Gross operating margin +€1,152
up €1,152 (+1.2%), from €94,416 to €95,568
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 | €337,069 | €341,260 | +€4,191 | +1.2% |
| Fixed assets | 21/28 | €318,216 | €285,298 | -€32,918 | -10.3% |
| Tangible fixed assets | 22/27 | €318,216 | €285,298 | -€32,918 | -10.3% |
| Land and buildings | 22 | €318,216 | €285,298 | -€32,918 | -10.3% |
| Current assets | 29/58 | €18,853 | €55,962 | +€37,109 | +196.8% |
| Amounts receivable within one year | 40/41 | €4,759 | €2,688 | -€2,071 | -43.5% |
| Trade receivables | 40 | €3,842 | €2,688 | -€1,154 | -30.0% |
| Other amounts receivable | 41 | €917 | - | -€917 | |
| Cash at bank and in hand | 54/58 | €5,520 | €46,055 | +€40,535 | +734.3% |
| Deferred charges and accrued income | 490/1 | €8,574 | €7,219 | -€1,355 | -15.8% |
| Total equity and liabilities | 10/49 | €337,069 | €341,260 | +€4,191 | +1.2% |
| Equity | 10/15 | €149,368 | €182,181 | +€32,813 | +22.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €130,768 | €163,581 | +€32,813 | +25.1% |
| Distributable reserves | 133 | €130,768 | €163,581 | +€32,813 | +25.1% |
| Amounts payable | 17/49 | €187,701 | €159,079 | -€28,622 | -15.2% |
| Amounts payable after more than one year | 17 | €81,732 | €62,636 | -€19,096 | -23.4% |
| Financial debts | 170/4 | €81,732 | €62,636 | -€19,096 | -23.4% |
| Amounts payable within one year | 42/48 | €100,271 | €87,624 | -€12,647 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €18,268 | €19,096 | +€828 | +4.5% |
| Trade debts | 44 | €5,252 | - | -€5,252 | |
| Suppliers | 440/4 | €5,252 | - | -€5,252 | |
| Taxes, remuneration and social security | 45 | €1,751 | €3,510 | +€1,759 | +100.5% |
| Taxes | 450/3 | €1,751 | €3,510 | +€1,759 | +100.5% |
| Other amounts payable | 47/48 | €75,000 | €65,018 | -€9,982 | -13.3% |
| Accrued charges and deferred income | 492/3 | €5,698 | €8,819 | +€3,121 | +54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,459 | €32,918 | -€6,541 | -16.6% |
| Other operating charges | 640/8 | €7,897 | €8,201 | +€304 | +3.8% |
| Gross operating margin | 9900 | €94,416 | €95,568 | +€1,152 | +1.2% |
| Operating profit (loss) | 9901 | €47,060 | €54,449 | +€7,389 | +15.7% |
| Financial income | 75/76B | - | €789 | +€789 | |
| Recurring financial income | 75 | - | €789 | +€789 | |
| Financial charges | 65/66B | €12,227 | €7,111 | -€5,116 | -41.8% |
| Recurring financial charges | 65 | €12,227 | €7,111 | -€5,116 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | €34,833 | €48,127 | +€13,294 | +38.2% |
| Income taxes | 67/77 | €11,083 | €15,313 | +€4,230 | +38.2% |
| Profit (loss) for the period | 9904 | €23,750 | €32,814 | +€9,064 | +38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,750 | €32,814 | +€9,064 | +38.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.