IMPROVIBES: 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.
IMPROVIBES
Largest movements
- Financial fixed assets -€72,000
no longer reported in 2025 (was €72,000)
- Cash +€61,242
up €61,242 (+298.9%), from €20,488 to €81,730
mainly Investment in fixed assets (net) (+€72,000) and Other debts (+€12,139)
- Current investments +€18,631
up €18,631 (+107.3%), from €17,356 to €35,987
- Stocks and contracts -€2,000
down €2,000 (-80.0%), from €2,500 to €500
- Other debts +€12,139
up €12,139 (+39.9%), from €30,421 to €42,560
- Reserves -€10,103
down €10,103 (-29.6%), from €34,097 to €23,994
of which Distributable reserves: -€10,103
- Tax, wage and social debts +€3,422
up €3,422 (+166.6%), from €2,054 to €5,476
- Financial income +€5,263
up €5,263 (+2809.1%), from €187 to €5,450
- Taxes +€4,140
up €4,140 (+1207.1%), from €343 to €4,483
- Gross operating margin +€3,716
up €3,716 (+70.0%), from €5,307 to €9,023
- Financial charges +€482
up €482 (+288.3%), from €167 to €649
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 | €120,164 | €125,809 | +€5,645 | +4.7% |
| Fixed assets | 21/28 | €78,811 | €5,558 | -€73,254 | -92.9% |
| Tangible fixed assets | 22/27 | €6,811 | €5,558 | -€1,254 | -18.4% |
| Land and buildings | 22 | €6,310 | €5,354 | -€956 | -15.2% |
| Furniture and vehicles | 24 | €502 | €204 | -€298 | -59.3% |
| Financial fixed assets | 28 | €72,000 | - | -€72,000 | |
| Current assets | 29/58 | €41,352 | €120,251 | +€78,899 | +190.8% |
| Stocks and contracts in progress | 3 | €2,500 | €500 | -€2,000 | -80.0% |
| Stocks | 30/36 | €2,500 | €500 | -€2,000 | -80.0% |
| Amounts receivable within one year | 40/41 | €1,008 | €2,034 | +€1,026 | +101.8% |
| Trade receivables | 40 | €1,008 | €1,974 | +€966 | +95.9% |
| Other amounts receivable | 41 | - | €60 | +€60 | |
| Current investments | 50/53 | €17,356 | €35,987 | +€18,631 | +107.3% |
| Cash at bank and in hand | 54/58 | €20,488 | €81,730 | +€61,242 | +298.9% |
| Total equity and liabilities | 10/49 | €120,164 | €125,809 | +€5,645 | +4.7% |
| Equity | 10/15 | €52,689 | €42,586 | -€10,103 | -19.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €34,097 | €23,994 | -€10,103 | -29.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €32,237 | €22,134 | -€10,103 | -31.3% |
| Amounts payable | 17/49 | €67,475 | €83,223 | +€15,749 | +23.3% |
| Amounts payable after more than one year | 17 | €35,000 | €35,000 | = | 0.0% |
| Other amounts payable | 178/9 | €35,000 | €35,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €32,475 | €48,223 | +€15,749 | +48.5% |
| Trade debts | 44 | - | €187 | +€187 | |
| Suppliers | 440/4 | - | €187 | +€187 | |
| Taxes, remuneration and social security | 45 | €2,054 | €5,476 | +€3,422 | +166.6% |
| Taxes | 450/3 | €2,054 | €5,476 | +€3,422 | +166.6% |
| Other amounts payable | 47/48 | €30,421 | €42,560 | +€12,139 | +39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,254 | €1,254 | = | 0.0% |
| Other operating charges | 640/8 | €568 | €489 | -€79 | -14.0% |
| Gross operating margin | 9900 | €5,307 | €9,023 | +€3,716 | +70.0% |
| Operating profit (loss) | 9901 | €3,485 | €7,280 | +€3,796 | +108.9% |
| Financial income | 75/76B | €187 | €5,450 | +€5,263 | +2809.1% |
| Recurring financial income | 75 | €187 | €5,450 | +€5,263 | +2809.1% |
| Financial charges | 65/66B | €167 | €649 | +€482 | +288.3% |
| Recurring financial charges | 65 | €167 | €649 | +€482 | +288.3% |
| Profit (loss) for the period before taxes | 9903 | €3,505 | €12,081 | +€8,576 | +244.7% |
| Income taxes | 67/77 | €343 | €4,483 | +€4,140 | +1207.1% |
| Profit (loss) for the period | 9904 | €3,162 | €7,599 | +€4,437 | +140.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,162 | €7,599 | +€4,437 | +140.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.