IMPRO: 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.
IMPRO
Largest movements
- Tangible fixed assets -€36,986
down €36,986 (-5.8%), from €642,474 to €605,487
- Stocks and contracts -€24,558
down €24,558 (-98.3%), from €24,992 to €434
- Cash -€23,490
down €23,490 (-41.2%), from €57,001 to €33,511
mainly Net result for the year (-€32,064) and Contributions, distributions and other (-€18,322)
- Profit (loss) carried forward -€36,383
down €36,383 (-21.7%), from €167,621 to €131,237
- Reserves -€14,003
down €14,003 (-9.2%), from €152,141 to €138,137
of which Tax-exempt reserves: -€14,003
- Tax, wage and social debts -€13,935
down €13,935 (-90.4%), from €15,411 to €1,476
- Debts after one year -€10,756
down €10,756 (-11.6%), from €92,688 to €81,932
- Gross operating margin -€71,110
down €71,110 (-90.2%), from €78,821 to €7,711
- Taxes -€14,801
no longer reported in 2025 (was €14,801)
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 | €804,351 | €720,117 | -€84,233 | -10.5% |
| Fixed assets | 21/28 | €643,424 | €606,437 | -€36,986 | -5.7% |
| Tangible fixed assets | 22/27 | €642,474 | €605,487 | -€36,986 | -5.8% |
| Land and buildings | 22 | €642,474 | €605,487 | -€36,986 | -5.8% |
| Financial fixed assets | 28 | €950 | €950 | = | 0.0% |
| Current assets | 29/58 | €160,927 | €113,680 | -€47,247 | -29.4% |
| Stocks and contracts in progress | 3 | €24,992 | €434 | -€24,558 | -98.3% |
| Stocks | 30/36 | €24,992 | €434 | -€24,558 | -98.3% |
| Amounts receivable within one year | 40/41 | €78,269 | €78,269 | = | 0.0% |
| Trade receivables | 40 | €78,269 | €78,269 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €57,001 | €33,511 | -€23,490 | -41.2% |
| Deferred charges and accrued income | 490/1 | €665 | €1,466 | +€801 | +120.4% |
| Total equity and liabilities | 10/49 | €804,351 | €720,117 | -€84,233 | -10.5% |
| Equity | 10/15 | €328,446 | €278,059 | -€50,387 | -15.3% |
| Contributions | 10/11 | €8,684 | €8,684 | = | 0.0% |
| Capital | 10 | €8,684 | €8,684 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €9,916 | €9,916 | = | 0.0% |
| Reserves | 13 | €152,141 | €138,137 | -€14,003 | -9.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €150,281 | €136,277 | -€14,003 | -9.3% |
| Profit (loss) carried forward | 14 | €167,621 | €131,237 | -€36,383 | -21.7% |
| Provisions and deferred taxes | 16 | €58,812 | €53,332 | -€5,480 | -9.3% |
| Deferred taxes | 168 | €58,812 | €53,332 | -€5,480 | -9.3% |
| Amounts payable | 17/49 | €417,093 | €388,726 | -€28,366 | -6.8% |
| Amounts payable after more than one year | 17 | €92,688 | €81,932 | -€10,756 | -11.6% |
| Financial debts | 170/4 | €92,688 | €81,932 | -€10,756 | -11.6% |
| Amounts payable within one year | 42/48 | €324,405 | €306,795 | -€17,610 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €9,984 | €9,945 | -€39 | -0.4% |
| Trade debts | 44 | €18,020 | €14,384 | -€3,636 | -20.2% |
| Suppliers | 440/4 | €18,020 | €14,384 | -€3,636 | -20.2% |
| Taxes, remuneration and social security | 45 | €15,411 | €1,476 | -€13,935 | -90.4% |
| Taxes | 450/3 | €15,411 | €1,476 | -€13,935 | -90.4% |
| Other amounts payable | 47/48 | €280,990 | €280,990 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,986 | €36,986 | +€0 | 0.0% |
| Other operating charges | 640/8 | €5,461 | €5,604 | +€144 | +2.6% |
| Gross operating margin | 9900 | €78,821 | €7,711 | -€71,110 | -90.2% |
| Operating profit (loss) | 9901 | €36,374 | -€34,879 | -€71,253 | |
| Financial income | 75/76B | €0 | €40 | +€40 | +36627.3% |
| Recurring financial income | 75 | €0 | €40 | +€40 | +36627.3% |
| Financial charges | 65/66B | €3,343 | €2,706 | -€637 | -19.1% |
| Recurring financial charges | 65 | €3,343 | €2,706 | -€637 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €33,032 | -€37,545 | -€70,576 | |
| Transfer from deferred taxes | 780 | €5,480 | €5,480 | = | 0.0% |
| Income taxes | 67/77 | €14,801 | - | -€14,801 | |
| Profit (loss) for the period | 9904 | €23,711 | -€32,064 | -€55,775 | |
| Transfer from tax-exempt reserves | 789 | €14,003 | €14,003 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,714 | -€18,061 | -€55,775 |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.