Impresa: 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.
Impresa
Largest movements
- Stocks and contracts -€39,916
down €39,916 (-38.4%), from €103,901 to €63,985
of which Contracts in progress: -€38,098
- Receivables within one year +€27,418
up €27,418 (+11.0%), from €248,410 to €275,828
of which Trade receivables: +€21,257
- Tax, wage and social debts -€33,948
down €33,948 (-60.9%), from €55,723 to €21,775
of which Taxes: -€25,023
- Debts after one year +€8,724
up €8,724 (+211.5%), from €4,125 to €12,849
- Trade debts +€8,663
up €8,663 (+12.0%), from €71,919 to €80,582
- Gross operating margin -€27,188
down €27,188 (-29.0%), from €93,801 to €66,613
- Staff costs -€7,697
down €7,697 (-12.8%), from €60,032 to €52,335
- Taxes -€3,616
down €3,616 (-63.7%), from €5,681 to €2,065
- Financial charges -€2,971
down €2,971 (-36.7%), from €8,092 to €5,121
- Depreciation -€2,479
down €2,479 (-18.7%), from €13,255 to €10,776
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 | €530,922 | €518,475 | -€12,447 | -2.3% |
| Fixed assets | 21/28 | €13,045 | €12,069 | -€976 | -7.5% |
| Tangible fixed assets | 22/27 | €13,045 | €12,069 | -€976 | -7.5% |
| Plant, machinery and equipment | 23 | €8,168 | €3,869 | -€4,299 | -52.6% |
| Furniture and vehicles | 24 | €4,877 | €8,200 | +€3,323 | +68.1% |
| Current assets | 29/58 | €517,877 | €506,406 | -€11,471 | -2.2% |
| Amounts receivable after more than one year | 29 | €144,000 | €144,000 | = | 0.0% |
| Trade receivables | 290 | €144,000 | - | -€144,000 | |
| Other amounts receivable | 291 | - | €144,000 | +€144,000 | |
| Stocks and contracts in progress | 3 | €103,901 | €63,985 | -€39,916 | -38.4% |
| Stocks | 30/36 | €19,398 | €17,580 | -€1,818 | -9.4% |
| Contracts in progress | 37 | €84,503 | €46,405 | -€38,098 | -45.1% |
| Amounts receivable within one year | 40/41 | €248,410 | €275,828 | +€27,418 | +11.0% |
| Trade receivables | 40 | €62,222 | €83,479 | +€21,257 | +34.2% |
| Other amounts receivable | 41 | €186,188 | €192,349 | +€6,161 | +3.3% |
| Cash at bank and in hand | 54/58 | €8,916 | €9,809 | +€893 | +10.0% |
| Deferred charges and accrued income | 490/1 | €12,650 | €12,784 | +€134 | +1.1% |
| Total equity and liabilities | 10/49 | €530,922 | €518,475 | -€12,447 | -2.3% |
| Equity | 10/15 | €391,421 | €394,521 | +€3,100 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €372,821 | €375,921 | +€3,100 | +0.8% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €370,961 | €375,921 | +€4,960 | +1.3% |
| Amounts payable | 17/49 | €139,501 | €123,954 | -€15,547 | -11.1% |
| Amounts payable after more than one year | 17 | €4,125 | €12,849 | +€8,724 | +211.5% |
| Financial debts | 170/4 | €4,125 | €12,849 | +€8,724 | +211.5% |
| Amounts payable within one year | 42/48 | €135,376 | €111,105 | -€24,271 | -17.9% |
| Current portion of amounts payable after more than one year | 42 | €7,734 | €8,748 | +€1,014 | +13.1% |
| Trade debts | 44 | €71,919 | €80,582 | +€8,663 | +12.0% |
| Suppliers | 440/4 | €71,919 | €80,582 | +€8,663 | +12.0% |
| Taxes, remuneration and social security | 45 | €55,723 | €21,775 | -€33,948 | -60.9% |
| Taxes | 450/3 | €31,777 | €6,754 | -€25,023 | -78.7% |
| Remuneration and social security | 454/9 | €23,946 | €15,021 | -€8,925 | -37.3% |
| Remuneration, social security and pensions | 62 | €60,032 | €52,335 | -€7,697 | -12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,255 | €10,776 | -€2,479 | -18.7% |
| Other operating charges | 640/8 | €2,713 | €1,274 | -€1,439 | -53.0% |
| Non-recurring operating charges | 66A | €2,340 | €713 | -€1,627 | -69.5% |
| Gross operating margin | 9900 | €93,801 | €66,613 | -€27,188 | -29.0% |
| Operating profit (loss) | 9901 | €15,461 | €1,515 | -€13,946 | -90.2% |
| Financial income | 75/76B | €9,123 | €8,771 | -€352 | -3.9% |
| Recurring financial income | 75 | €9,123 | €8,771 | -€352 | -3.9% |
| Financial charges | 65/66B | €8,092 | €5,121 | -€2,971 | -36.7% |
| Recurring financial charges | 65 | €8,092 | €5,121 | -€2,971 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €16,492 | €5,165 | -€11,327 | -68.7% |
| Income taxes | 67/77 | €5,681 | €2,065 | -€3,616 | -63.7% |
| Profit (loss) for the period | 9904 | €10,811 | €3,100 | -€7,711 | -71.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,811 | €3,100 | -€7,711 | -71.3% |
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 8 October 2026 via checked.be.