IMPRIM GROUP: 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.
IMPRIM GROUP
Largest movements
- Stocks and contracts -€80,001
down €80,001 (-33.3%), from €240,232 to €160,230
- Receivables within one year +€45,845
up €45,845 (+11.5%), from €399,291 to €445,136
of which Trade receivables: +€104,170
- Tangible fixed assets -€22,101
down €22,101 (-7.1%), from €310,157 to €288,056
of which Plant, machinery and equipment: -€23,902
- Cash -€17,222
down €17,222 (-33.1%), from €52,074 to €34,852
mainly Other debts (-€140,839) and Investment in fixed assets (net) (-€52,740)
- Intangible fixed assets -€12,724
down €12,724 (-27.4%), from €46,367 to €33,643
- Other debts -€140,839
down €140,839 (-60.8%), from €231,720 to €90,880
- Trade debts +€65,735
up €65,735 (+24.5%), from €267,773 to €333,508
of which Suppliers: +€64,932
- Reserves +€55,000
up €55,000 (+48.6%), from €113,197 to €168,197
of which Distributable reserves: +€55,000
- Debts after one year -€23,189
down €23,189 (-18.0%), from €129,178 to €105,989
- Accrued charges and deferred income -€20,101
down €20,101 (-99.8%), from €20,131 to €30
- Gross operating margin -€48,185
down €48,185 (-10.1%), from €474,963 to €426,777
- Staff costs -€47,723
down €47,723 (-16.5%), from €289,629 to €241,906
- Depreciation +€25,734
up €25,734 (+41.6%), from €61,831 to €87,565
- Other operating charges -€8,585
down €8,585 (-69.6%), from €12,343 to €3,758
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 | €1,065,033 | €978,499 | -€86,534 | -8.1% |
| Fixed assets | 21/28 | €356,524 | €321,699 | -€34,825 | -9.8% |
| Intangible fixed assets | 21 | €46,367 | €33,643 | -€12,724 | -27.4% |
| Tangible fixed assets | 22/27 | €310,157 | €288,056 | -€22,101 | -7.1% |
| Land and buildings | 22 | €1,212 | - | -€1,212 | |
| Plant, machinery and equipment | 23 | €253,598 | €229,695 | -€23,902 | -9.4% |
| Furniture and vehicles | 24 | €7,112 | €9,648 | +€2,536 | +35.7% |
| Leasing and similar rights | 25 | €48,235 | €48,713 | +€477 | +1.0% |
| Current assets | 29/58 | €708,509 | €656,800 | -€51,710 | -7.3% |
| Stocks and contracts in progress | 3 | €240,232 | €160,230 | -€80,001 | -33.3% |
| Stocks | 30/36 | €240,232 | €160,230 | -€80,001 | -33.3% |
| Amounts receivable within one year | 40/41 | €399,291 | €445,136 | +€45,845 | +11.5% |
| Trade receivables | 40 | €330,877 | €435,047 | +€104,170 | +31.5% |
| Other amounts receivable | 41 | €68,414 | €10,089 | -€58,325 | -85.3% |
| Cash at bank and in hand | 54/58 | €52,074 | €34,852 | -€17,222 | -33.1% |
| Deferred charges and accrued income | 490/1 | €16,912 | €16,581 | -€331 | -2.0% |
| Total equity and liabilities | 10/49 | €1,065,033 | €978,499 | -€86,534 | -8.1% |
| Equity | 10/15 | €177,067 | €232,107 | +€55,040 | +31.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €113,197 | €168,197 | +€55,000 | +48.6% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €107,000 | €162,000 | +€55,000 | +51.4% |
| Profit (loss) carried forward | 14 | €1,896 | €1,937 | +€40 | +2.1% |
| Amounts payable | 17/49 | €887,966 | €746,392 | -€141,575 | -15.9% |
| Amounts payable after more than one year | 17 | €129,178 | €105,989 | -€23,189 | -18.0% |
| Financial debts | 170/4 | €129,178 | €105,989 | -€23,189 | -18.0% |
| Amounts payable within one year | 42/48 | €738,657 | €640,372 | -€98,285 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €44,129 | €43,313 | -€816 | -1.8% |
| Financial debts | 43 | €115,000 | €105,000 | -€10,000 | -8.7% |
| Credit institutions | 430/8 | €115,000 | €105,000 | -€10,000 | -8.7% |
| Trade debts | 44 | €267,773 | €333,508 | +€65,735 | +24.5% |
| Suppliers | 440/4 | €267,764 | €332,696 | +€64,932 | +24.2% |
| Bills of exchange payable | 441 | €9 | €812 | +€803 | +8670.3% |
| Taxes, remuneration and social security | 45 | €80,034 | €67,670 | -€12,364 | -15.4% |
| Taxes | 450/3 | €48,050 | €52,517 | +€4,467 | +9.3% |
| Remuneration and social security | 454/9 | €31,985 | €15,153 | -€16,832 | -52.6% |
| Other amounts payable | 47/48 | €231,720 | €90,880 | -€140,839 | -60.8% |
| Accrued charges and deferred income | 492/3 | €20,131 | €30 | -€20,101 | -99.8% |
| Remuneration, social security and pensions | 62 | €289,629 | €241,906 | -€47,723 | -16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,831 | €87,565 | +€25,734 | +41.6% |
| Other operating charges | 640/8 | €12,343 | €3,758 | -€8,585 | -69.6% |
| Gross operating margin | 9900 | €474,963 | €426,777 | -€48,185 | -10.1% |
| Operating profit (loss) | 9901 | €111,159 | €93,548 | -€17,611 | -15.8% |
| Financial income | 75/76B | €66 | €488 | +€422 | +635.2% |
| Recurring financial income | 75 | €66 | €488 | +€422 | +635.2% |
| Financial charges | 65/66B | €18,041 | €19,582 | +€1,542 | +8.5% |
| Recurring financial charges | 65 | €18,041 | €19,582 | +€1,542 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €93,185 | €74,455 | -€18,731 | -20.1% |
| Income taxes | 67/77 | €18,417 | €16,584 | -€1,833 | -10.0% |
| Profit (loss) for the period | 9904 | €74,768 | €57,871 | -€16,898 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €74,768 | €57,871 | -€16,898 | -22.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.