IMPRIMAT: 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.
IMPRIMAT
Largest movements
- Stocks and contracts +€24,698
up €24,698 (+13.9%), from €177,185 to €201,884
- Receivables within one year -€13,464
down €13,464 (-8.8%), from €152,520 to €139,055
of which Other amounts receivable: -€7,920
- Cash +€11,204
up €11,204 (+3.8%), from €294,793 to €305,997
mainly Net result for the year (+€18,153) and Receivables within one year (+€13,464)
- Profit (loss) carried forward +€18,153
up €18,153 (+4.7%), from €388,319 to €406,472
- Tax, wage and social debts +€7,704
up €7,704 (+13.1%), from €58,836 to €66,540
of which Taxes: +€9,860
- Gross operating margin +€24,641
up €24,641 (+10.8%), from €227,481 to €252,122
- Staff costs +€8,461
up €8,461 (+3.9%), from €218,367 to €226,828
- Taxes +€8,427
up €8,427 (+604.6%), from €1,394 to €9,821
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 | €648,967 | €672,291 | +€23,323 | +3.6% |
| Fixed assets | 21/28 | €19,051 | €19,925 | +€875 | +4.6% |
| Intangible fixed assets | 21 | €2,938 | €3,812 | +€875 | +29.8% |
| Tangible fixed assets | 22/27 | €16,113 | €16,113 | = | 0.0% |
| Land and buildings | 22 | €16,113 | €16,113 | = | 0.0% |
| Current assets | 29/58 | €629,917 | €652,365 | +€22,449 | +3.6% |
| Stocks and contracts in progress | 3 | €177,185 | €201,884 | +€24,698 | +13.9% |
| Stocks | 30/36 | €177,185 | €201,884 | +€24,698 | +13.9% |
| Amounts receivable within one year | 40/41 | €152,520 | €139,055 | -€13,464 | -8.8% |
| Trade receivables | 40 | €136,105 | €130,561 | -€5,544 | -4.1% |
| Other amounts receivable | 41 | €16,415 | €8,494 | -€7,920 | -48.3% |
| Cash at bank and in hand | 54/58 | €294,793 | €305,997 | +€11,204 | +3.8% |
| Deferred charges and accrued income | 490/1 | €5,418 | €5,429 | +€11 | +0.2% |
| Total equity and liabilities | 10/49 | €648,967 | €672,291 | +€23,323 | +3.6% |
| Equity | 10/15 | €544,616 | €562,769 | +€18,153 | +3.3% |
| Contributions | 10/11 | €69,534 | €69,534 | = | 0.0% |
| Reserves | 13 | €86,763 | €86,763 | = | 0.0% |
| Distributable reserves | 133 | €86,763 | €86,763 | = | 0.0% |
| Profit (loss) carried forward | 14 | €388,319 | €406,472 | +€18,153 | +4.7% |
| Amounts payable | 17/49 | €104,352 | €109,522 | +€5,170 | +5.0% |
| Amounts payable within one year | 42/48 | €104,352 | €109,522 | +€5,170 | +5.0% |
| Trade debts | 44 | €45,516 | €40,032 | -€5,484 | -12.0% |
| Suppliers | 440/4 | €45,516 | €40,032 | -€5,484 | -12.0% |
| Taxes, remuneration and social security | 45 | €58,836 | €66,540 | +€7,704 | +13.1% |
| Taxes | 450/3 | €9,634 | €19,493 | +€9,860 | +102.3% |
| Remuneration and social security | 454/9 | €49,202 | €47,046 | -€2,156 | -4.4% |
| Other amounts payable | 47/48 | - | €2,950 | +€2,950 | |
| Remuneration, social security and pensions | 62 | €218,367 | €226,828 | +€8,461 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62 | €625 | +€563 | +904.0% |
| Other operating charges | 640/8 | €9,232 | €7,723 | -€1,508 | -16.3% |
| Gross operating margin | 9900 | €227,481 | €252,122 | +€24,641 | +10.8% |
| Operating profit (loss) | 9901 | -€180 | €16,945 | +€17,125 | |
| Financial income | 75/76B | €11,148 | €11,761 | +€613 | +5.5% |
| Recurring financial income | 75 | €11,148 | €11,761 | +€613 | +5.5% |
| Financial charges | 65/66B | €556 | €732 | +€176 | +31.6% |
| Recurring financial charges | 65 | €556 | €732 | +€176 | +31.6% |
| Profit (loss) for the period before taxes | 9903 | €10,411 | €27,974 | +€17,562 | +168.7% |
| Income taxes | 67/77 | €1,394 | €9,821 | +€8,427 | +604.6% |
| Profit (loss) for the period | 9904 | €9,017 | €18,153 | +€9,135 | +101.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,017 | €18,153 | +€9,135 | +101.3% |
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 4 October 2026 via checked.be.