IMPORGEST: 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.
IMPORGEST
Largest movements
- Receivables within one year +€58,093
up €58,093 (+497%), from €11,680 to €69,773
- Cash +€6,920
up €6,920 (+194%), from €3,569 to €10,489
mainly Net result for the year (+€49,040) and Tax, wage and social debts (+€15,299)
- Tangible fixed assets +€2,680
up €2,680 (+22.9%), from €11,707 to €14,387
of which Furniture and vehicles: +€2,984
- Profit (loss) carried forward +€49,040
up €49,040 (+95.7%), from -€51,224 to -€2,183
- Tax, wage and social debts +€15,299
up €15,299 (+137%), from €11,191 to €26,489
of which Taxes: +€14,327
- Trade debts +€3,354
up €3,354 (+1,908%), from €176 to €3,530
- Gross operating margin +€54,273
up €54,273 (+100%), from €54,042 to €108,315
- Other operating charges +€2,498
up €2,498 (+279%), from €896 to €3,394
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 | €27,216 | €94,909 | +€67,694 | +249% |
| Fixed assets | 21/28 | €11,842 | €14,522 | +€2,680 | +22.6% |
| Tangible fixed assets | 22/27 | €11,707 | €14,387 | +€2,680 | +22.9% |
| Furniture and vehicles | 24 | €8,950 | €11,934 | +€2,984 | +33.3% |
| Other tangible fixed assets | 26 | €2,757 | €2,453 | -€304 | -11.0% |
| Financial fixed assets | 28 | €136 | €136 | = | 0.0% |
| Current assets | 29/58 | €15,374 | €80,387 | +€65,013 | +423% |
| Amounts receivable within one year | 40/41 | €11,680 | €69,773 | +€58,093 | +497% |
| Trade receivables | 40 | €11,680 | €69,773 | +€58,093 | +497% |
| Cash at bank and in hand | 54/58 | €3,569 | €10,489 | +€6,920 | +194% |
| Deferred charges and accrued income | 490/1 | €125 | €125 | = | 0.0% |
| Total equity and liabilities | 10/49 | €27,216 | €94,909 | +€67,694 | +249% |
| Equity | 10/15 | €15,849 | €64,890 | +€49,040 | +309% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €48,481 | €48,481 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,107 | €2,107 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €248 | €248 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,394 | €2,394 | = | 0.0% |
| Distributable reserves | 133 | €43,980 | €43,980 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,224 | -€2,183 | +€49,040 | +95.7% |
| Amounts payable | 17/49 | €11,366 | €30,020 | +€18,653 | +164% |
| Amounts payable within one year | 42/48 | €11,366 | €30,020 | +€18,653 | +164% |
| Trade debts | 44 | €176 | €3,530 | +€3,354 | +1,908% |
| Suppliers | 440/4 | €176 | €3,530 | +€3,354 | +1,908% |
| Taxes, remuneration and social security | 45 | €11,191 | €26,489 | +€15,299 | +137% |
| Taxes | 450/3 | €4,055 | €18,382 | +€14,327 | +353% |
| Remuneration and social security | 454/9 | €7,136 | €8,107 | +€972 | +13.6% |
| Remuneration, social security and pensions | 62 | €54,069 | €53,957 | -€112 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €335 | €420 | +€85 | +25.2% |
| Other operating charges | 640/8 | €896 | €3,394 | +€2,498 | +279% |
| Gross operating margin | 9900 | €54,042 | €108,315 | +€54,273 | +100% |
| Operating profit (loss) | 9901 | -€1,258 | €50,544 | +€51,802 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €382 | €1,040 | +€659 | +173% |
| Recurring financial charges | 65 | €382 | €1,040 | +€659 | +173% |
| Profit (loss) for the period before taxes | 9903 | -€1,640 | €49,505 | +€51,145 | |
| Income taxes | 67/77 | €729 | €465 | -€264 | -36.2% |
| Profit (loss) for the period | 9904 | -€2,369 | €49,040 | +€51,409 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,369 | €49,040 | +€51,409 |
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 26 October 2026 via checked.be.