IMPRIMART: 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.
IMPRIMART
Largest movements
- Tangible fixed assets -€65,752
down €65,752 (-7.3%), from €906,271 to €840,519
of which Plant, machinery and equipment: -€45,797
- Receivables within one year +€31,364
up €31,364 (+27.6%), from €113,511 to €144,875
of which Other amounts receivable: +€29,900
- Other debts +€146,990
up €146,990 (+22.8%), from €645,393 to €792,383
- Trade debts -€51,134
down €51,134 (-49.1%), from €104,128 to €52,995
- Advances received -€32,611
down €32,611 (-50.8%), from €64,178 to €31,566
- Debts after one year -€29,604
down €29,604 (-83.8%), from €35,320 to €5,717
- Profit (loss) carried forward -€23,256
down €23,256 (-5.2%), from -€447,958 to -€471,214
- Gross operating margin +€98,711
up €98,711, from -€70,348 to €28,363
- Other operating charges -€65,464
down €65,464 (-90.5%), from €72,366 to €6,902
- Financial charges -€45,934
down €45,934 (-87.9%), from €52,267 to €6,333
of which Non-recurring financial charges: -€43,561
- Taxes +€3,919
new in 2025: €3,919
- Depreciation -€2,014
down €2,014 (-3.0%), from €67,766 to €65,752
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 | €1,030,414 | €989,283 | -€41,131 | -4.0% |
| Fixed assets | 21/28 | €907,771 | €842,269 | -€65,502 | -7.2% |
| Tangible fixed assets | 22/27 | €906,271 | €840,519 | -€65,752 | -7.3% |
| Land and buildings | 22 | €463,287 | €443,332 | -€19,955 | -4.3% |
| Plant, machinery and equipment | 23 | €442,983 | €397,187 | -€45,797 | -10.3% |
| Financial fixed assets | 28 | €1,500 | €1,750 | +€250 | +16.7% |
| Current assets | 29/58 | €122,643 | €147,015 | +€24,371 | +19.9% |
| Amounts receivable within one year | 40/41 | €113,511 | €144,875 | +€31,364 | +27.6% |
| Trade receivables | 40 | - | €1,464 | +€1,464 | |
| Other amounts receivable | 41 | €113,511 | €143,411 | +€29,900 | +26.3% |
| Cash at bank and in hand | 54/58 | €3,413 | €1,037 | -€2,376 | -69.6% |
| Deferred charges and accrued income | 490/1 | €5,719 | €1,102 | -€4,617 | -80.7% |
| Total equity and liabilities | 10/49 | €1,030,414 | €989,283 | -€41,131 | -4.0% |
| Equity | 10/15 | -€365,735 | -€405,538 | -€39,803 | -10.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €20,223 | €3,676 | -€16,547 | -81.8% |
| Non-distributable reserves | 130/1 | €3,676 | €3,676 | = | 0.0% |
| Legal reserve | 130 | €3,676 | €3,676 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,547 | - | -€16,547 | |
| Profit (loss) carried forward | 14 | -€447,958 | -€471,214 | -€23,256 | -5.2% |
| Provisions and deferred taxes | 16 | €490,391 | €475,652 | -€14,739 | -3.0% |
| Deferred taxes | 168 | €490,391 | €475,652 | -€14,739 | -3.0% |
| Amounts payable | 17/49 | €905,758 | €919,169 | +€13,411 | +1.5% |
| Amounts payable after more than one year | 17 | €35,320 | €5,717 | -€29,604 | -83.8% |
| Financial debts | 170/4 | €35,320 | €5,717 | -€29,604 | -83.8% |
| Amounts payable within one year | 42/48 | €868,516 | €909,697 | +€41,181 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €44,689 | €29,604 | -€15,085 | -33.8% |
| Trade debts | 44 | €104,128 | €52,995 | -€51,134 | -49.1% |
| Suppliers | 440/4 | €104,128 | €52,995 | -€51,134 | -49.1% |
| Advances received on contracts in progress | 46 | €64,178 | €31,566 | -€32,611 | -50.8% |
| Taxes, remuneration and social security | 45 | €10,128 | €3,150 | -€6,979 | -68.9% |
| Taxes | 450/3 | €10,128 | €3,150 | -€6,979 | -68.9% |
| Other amounts payable | 47/48 | €645,393 | €792,383 | +€146,990 | +22.8% |
| Accrued charges and deferred income | 492/3 | €1,921 | €3,755 | +€1,834 | +95.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,766 | €65,752 | -€2,014 | -3.0% |
| Other operating charges | 640/8 | €72,366 | €6,902 | -€65,464 | -90.5% |
| Gross operating margin | 9900 | -€70,348 | €28,363 | +€98,711 | |
| Operating profit (loss) | 9901 | -€210,480 | -€44,291 | +€166,189 | +79.0% |
| Financial income | 75/76B | €6 | €1 | -€5 | -80.9% |
| Recurring financial income | 75 | €6 | €1 | -€5 | -80.9% |
| Financial charges | 65/66B | €52,267 | €6,333 | -€45,934 | -87.9% |
| Recurring financial charges | 65 | €7,322 | €4,949 | -€2,373 | -32.4% |
| Non-recurring financial charges | 66B | €44,946 | €1,385 | -€43,561 | -96.9% |
| Profit (loss) for the period before taxes | 9903 | -€262,741 | -€50,623 | +€212,118 | +80.7% |
| Transfer from deferred taxes | 780 | €5,959 | €14,739 | +€8,780 | +147.4% |
| Income taxes | 67/77 | - | €3,919 | +€3,919 | |
| Profit (loss) for the period | 9904 | -€256,783 | -€39,803 | +€216,979 | +84.5% |
| Transfer from tax-exempt reserves | 789 | €20,437 | €16,547 | -€3,890 | -19.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€236,346 | -€23,256 | +€213,089 | +90.2% |
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 1 October 2026 via checked.be.