IMPRIM MANAGEMENT: 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.
IMPRIM MANAGEMENT
Largest movements
- Receivables within one year -€20,726
down €20,726 (-24.3%), from €85,194 to €64,469
of which Other amounts receivable: -€47,854
- Other debts -€126,368
down €126,368 (-24.5%), from €515,433 to €389,065
- Reserves +€97,000
up €97,000 (+23.6%), from €411,410 to €508,410
of which Distributable reserves: +€97,000
- Advances received +€48,256
up €48,256 (+536%), from €9,004 to €57,260
- Debts after one year -€27,596
down €27,596 (-25.3%), from €108,936 to €81,341
- Tax, wage and social debts -€14,619
down €14,619 (-29.4%), from €49,755 to €35,136
of which Taxes: -€8,490
- Financial income -€94,797
down €94,797 (-55.2%), from €171,789 to €76,992
- Gross operating margin -€61,951
down €61,951 (-20.7%), from €298,577 to €236,625
- Staff costs -€21,717
down €21,717 (-12.1%), from €179,228 to €157,511
- Taxes -€8,703
down €8,703 (-54.1%), from €16,076 to €7,373
- Depreciation -€6,975
down €6,975 (-25.6%), from €27,196 to €20,221
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 | €1,207,931 | €1,175,877 | -€32,054 | -2.7% |
| Fixed assets | 21/28 | €1,112,174 | €1,101,441 | -€10,733 | -1.0% |
| Intangible fixed assets | 21 | €345 | - | -€345 | |
| Tangible fixed assets | 22/27 | €189,775 | €179,387 | -€10,388 | -5.5% |
| Land and buildings | 22 | €167,977 | €154,618 | -€13,358 | -8.0% |
| Plant, machinery and equipment | 23 | €9,169 | €15,549 | +€6,381 | +69.6% |
| Furniture and vehicles | 24 | €12,630 | €9,220 | -€3,410 | -27.0% |
| Financial fixed assets | 28 | €922,054 | €922,054 | = | 0.0% |
| Current assets | 29/58 | €95,757 | €74,436 | -€21,321 | -22.3% |
| Amounts receivable within one year | 40/41 | €85,194 | €64,469 | -€20,726 | -24.3% |
| Trade receivables | 40 | - | €27,128 | +€27,128 | |
| Other amounts receivable | 41 | €85,194 | €37,341 | -€47,854 | -56.2% |
| Cash at bank and in hand | 54/58 | €4,289 | €6,219 | +€1,929 | +45.0% |
| Deferred charges and accrued income | 490/1 | €6,274 | €3,749 | -€2,525 | -40.2% |
| Total equity and liabilities | 10/49 | €1,207,931 | €1,175,877 | -€32,054 | -2.7% |
| Equity | 10/15 | €450,722 | €545,156 | +€94,434 | +21.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €411,410 | €508,410 | +€97,000 | +23.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €390,800 | €487,800 | +€97,000 | +24.8% |
| Profit (loss) carried forward | 14 | €2,795 | €3,425 | +€630 | +22.5% |
| Investment grants | 15 | €17,917 | €14,721 | -€3,196 | -17.8% |
| Amounts payable | 17/49 | €757,209 | €630,721 | -€126,488 | -16.7% |
| Amounts payable after more than one year | 17 | €108,936 | €81,341 | -€27,596 | -25.3% |
| Financial debts | 170/4 | €108,936 | €81,341 | -€27,596 | -25.3% |
| Amounts payable within one year | 42/48 | €623,504 | €534,405 | -€89,099 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €27,551 | €28,254 | +€703 | +2.6% |
| Financial debts | 43 | - | €4,006 | +€4,006 | |
| Other loans | 439 | - | €4,006 | +€4,006 | |
| Trade debts | 44 | €21,761 | €20,683 | -€1,077 | -5.0% |
| Suppliers | 440/4 | €21,761 | €20,683 | -€1,077 | -5.0% |
| Advances received on contracts in progress | 46 | €9,004 | €57,260 | +€48,256 | +536% |
| Taxes, remuneration and social security | 45 | €49,755 | €35,136 | -€14,619 | -29.4% |
| Taxes | 450/3 | €22,746 | €14,255 | -€8,490 | -37.3% |
| Remuneration and social security | 454/9 | €27,009 | €20,881 | -€6,129 | -22.7% |
| Other amounts payable | 47/48 | €515,433 | €389,065 | -€126,368 | -24.5% |
| Accrued charges and deferred income | 492/3 | €24,769 | €14,976 | -€9,793 | -39.5% |
| Remuneration, social security and pensions | 62 | €179,228 | €157,511 | -€21,717 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,196 | €20,221 | -€6,975 | -25.6% |
| Other operating charges | 640/8 | €6,748 | €6,702 | -€46 | -0.7% |
| Gross operating margin | 9900 | €298,577 | €236,625 | -€61,951 | -20.7% |
| Operating profit (loss) | 9901 | €85,405 | €52,192 | -€33,213 | -38.9% |
| Financial income | 75/76B | €171,789 | €76,992 | -€94,797 | -55.2% |
| Recurring financial income | 75 | €171,789 | €76,992 | -€94,797 | -55.2% |
| Financial charges | 65/66B | €30,586 | €24,181 | -€6,405 | -20.9% |
| Recurring financial charges | 65 | €30,586 | €24,181 | -€6,405 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €226,608 | €105,003 | -€121,605 | -53.7% |
| Income taxes | 67/77 | €16,076 | €7,373 | -€8,703 | -54.1% |
| Profit (loss) for the period | 9904 | €210,532 | €97,630 | -€112,902 | -53.6% |
| Profit (loss) for the period to be appropriated | 9905 | €210,532 | €97,630 | -€112,902 | -53.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.