IMPROOF 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.
IMPROOF GROUP
Largest movements
- Tangible fixed assets -€29,308
down €29,308 (-43.4%), from €67,455 to €38,147
of which Furniture and vehicles: -€28,922
- Cash +€22,295
up €22,295 (+22.4%), from €99,472 to €121,767
mainly Net result for the year (+€132,943) and Other debts (+€54,936)
- Deferred charges and accrued income +€11,382
up €11,382 (+558.8%), from €2,037 to €13,419
- Intangible fixed assets +€7,693
new in 2025: €7,693
- Receivables within one year +€6,149
up €6,149 (+8.3%), from €73,756 to €79,905
of which Trade receivables: +€6,542
- Other debts +€54,936
up €54,936 (+83.8%), from €65,520 to €120,456
- Debts after one year -€25,215
down €25,215 (-74.8%), from €33,710 to €8,496
- Current portion of long-term debt -€6,111
down €6,111 (-38.2%), from €15,996 to €9,885
- Trade debts -€5,887
down €5,887 (-10.2%), from €57,532 to €51,644
- Gross operating margin +€161,258
up €161,258 (+170.4%), from €94,658 to €255,917
- Other operating charges +€39,934
up €39,934 (+3239.3%), from €1,233 to €41,167
- Taxes +€30,295
up €30,295 (+176.9%), from €17,129 to €47,425
- Staff costs +€3,737
up €3,737 (+28.0%), from €13,355 to €17,092
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 | €242,720 | €260,931 | +€18,211 | +7.5% |
| Fixed assets | 21/28 | €67,455 | €45,840 | -€21,615 | -32.0% |
| Intangible fixed assets | 21 | - | €7,693 | +€7,693 | |
| Tangible fixed assets | 22/27 | €67,455 | €38,147 | -€29,308 | -43.4% |
| Furniture and vehicles | 24 | €66,265 | €37,343 | -€28,922 | -43.6% |
| Other tangible fixed assets | 26 | €1,190 | €804 | -€386 | -32.4% |
| Current assets | 29/58 | €175,265 | €215,091 | +€39,826 | +22.7% |
| Amounts receivable within one year | 40/41 | €73,756 | €79,905 | +€6,149 | +8.3% |
| Trade receivables | 40 | €68,385 | €74,927 | +€6,542 | +9.6% |
| Other amounts receivable | 41 | €5,371 | €4,978 | -€393 | -7.3% |
| Cash at bank and in hand | 54/58 | €99,472 | €121,767 | +€22,295 | +22.4% |
| Deferred charges and accrued income | 490/1 | €2,037 | €13,419 | +€11,382 | +558.8% |
| Total equity and liabilities | 10/49 | €242,720 | €260,931 | +€18,211 | +7.5% |
| Equity | 10/15 | €50,224 | €52,673 | +€2,449 | +4.9% |
| Contributions | 10/11 | €2,000 | €2,444 | +€444 | +22.2% |
| Reserves | 13 | €48,224 | €50,229 | +€2,005 | +4.2% |
| Non-distributable reserves | 130/1 | - | €427 | +€427 | |
| Reserves not available under the articles | 1311 | - | €427 | +€427 | |
| Distributable reserves | 133 | €48,224 | €49,803 | +€1,579 | +3.3% |
| Amounts payable | 17/49 | €192,496 | €208,257 | +€15,762 | +8.2% |
| Amounts payable after more than one year | 17 | €33,710 | €8,496 | -€25,215 | -74.8% |
| Financial debts | 170/4 | €33,710 | €8,496 | -€25,215 | -74.8% |
| Amounts payable within one year | 42/48 | €158,785 | €199,761 | +€40,976 | +25.8% |
| Current portion of amounts payable after more than one year | 42 | €15,996 | €9,885 | -€6,111 | -38.2% |
| Trade debts | 44 | €57,532 | €51,644 | -€5,887 | -10.2% |
| Suppliers | 440/4 | €57,532 | €51,644 | -€5,887 | -10.2% |
| Taxes, remuneration and social security | 45 | €19,737 | €17,776 | -€1,961 | -9.9% |
| Taxes | 450/3 | €17,979 | €17,776 | -€203 | -1.1% |
| Remuneration and social security | 454/9 | €1,758 | - | -€1,758 | |
| Other amounts payable | 47/48 | €65,520 | €120,456 | +€54,936 | +83.8% |
| Remuneration, social security and pensions | 62 | €13,355 | €17,092 | +€3,737 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,864 | €15,192 | +€1,328 | +9.6% |
| Other operating charges | 640/8 | €1,233 | €41,167 | +€39,934 | +3239.3% |
| Gross operating margin | 9900 | €94,658 | €255,917 | +€161,258 | +170.4% |
| Operating profit (loss) | 9901 | €66,206 | €182,466 | +€116,259 | +175.6% |
| Financial income | 75/76B | - | €39 | +€39 | |
| Recurring financial income | 75 | - | €39 | +€39 | |
| Financial charges | 65/66B | €1,370 | €2,137 | +€767 | +56.0% |
| Recurring financial charges | 65 | €1,370 | €2,137 | +€767 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | €64,837 | €180,368 | +€115,531 | +178.2% |
| Income taxes | 67/77 | €17,129 | €47,425 | +€30,295 | +176.9% |
| Profit (loss) for the period | 9904 | €47,707 | €132,943 | +€85,236 | +178.7% |
| Profit (loss) for the period to be appropriated | 9905 | €47,707 | €132,943 | +€85,236 | +178.7% |
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.