L'Impératif d'Eole: what changed
Two financial 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.
L'Impératif d'Eole
Largest movements
- Receivables within one year +€61,163
up €61,163 (+94.9%), from €64,470 to €125,633
of which Trade receivables: +€91,391
- Tangible fixed assets -€59,167
down €59,167 (-12.1%), from €487,240 to €428,073
of which Plant, machinery and equipment: -€55,633
- Cash -€38,123
down €38,123 (-52.6%), from €72,487 to €34,364
mainly Investment in fixed assets (net) (-€87,210) and Tax, wage and social debts (-€70,289)
- Formation expenses +€27,186
up €27,186 (+733%), from €3,707 to €30,894
- Tax, wage and social debts -€70,289
down €70,289 (-44.4%), from €158,310 to €88,021
of which Taxes: -€37,019
- Short-term financial debts +€39,113
up €39,113 (+31.3%), from €125,000 to €164,113
- Profit (loss) carried forward -€29,242
down €29,242 (-19.5%), from -€149,781 to -€179,023
- Debts after one year +€15,624
up €15,624 (+4.3%), from €362,841 to €378,465
- Trade debts +€14,167
up €14,167 (+10.8%), from €131,762 to €145,929
- Staff costs -€262,492
down €262,492 (-30.1%), from €872,730 to €610,238
- Gross operating margin -€122,488
down €122,488 (-14.2%), from €862,227 to €739,739
- Depreciation +€51,386
up €51,386 (+75.8%), from €67,805 to €119,191
- Other operating charges -€37,226
down €37,226 (-85.4%), from €43,565 to €6,339
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.
Derived cash bridge
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 | €780,138 | €761,568 | -€18,570 | -2.4% |
| Formation expenses | 20 | €3,707 | €30,894 | +€27,186 | +733% |
| Fixed assets | 21/28 | €487,686 | €428,519 | -€59,167 | -12.1% |
| Tangible fixed assets | 22/27 | €487,240 | €428,073 | -€59,167 | -12.1% |
| Plant, machinery and equipment | 23 | €332,349 | €276,716 | -€55,633 | -16.7% |
| Furniture and vehicles | 24 | €154,891 | €113,384 | -€41,507 | -26.8% |
| Other tangible fixed assets | 26 | - | €28,873 | +€28,873 | |
| Assets under construction and advance payments | 27 | - | €9,100 | +€9,100 | |
| Financial fixed assets | 28 | €446 | €446 | = | 0.0% |
| Current assets | 29/58 | €288,745 | €302,156 | +€13,411 | +4.6% |
| Amounts receivable after more than one year | 29 | €82,321 | €75,508 | -€6,813 | -8.3% |
| Trade receivables | 290 | €82,321 | €75,508 | -€6,813 | -8.3% |
| Stocks and contracts in progress | 3 | €63,315 | €59,695 | -€3,620 | -5.7% |
| Stocks | 30/36 | €63,315 | €59,695 | -€3,620 | -5.7% |
| Amounts receivable within one year | 40/41 | €64,470 | €125,633 | +€61,163 | +94.9% |
| Trade receivables | 40 | €34,242 | €125,633 | +€91,391 | +267% |
| Other amounts receivable | 41 | €30,228 | €0 | -€30,228 | -100% |
| Cash at bank and in hand | 54/58 | €72,487 | €34,364 | -€38,123 | -52.6% |
| Deferred charges and accrued income | 490/1 | €6,151 | €6,955 | +€804 | +13.1% |
| Total equity and liabilities | 10/49 | €780,138 | €761,568 | -€18,570 | -2.4% |
| Equity | 10/15 | -€99,781 | -€129,023 | -€29,242 | -29.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€149,781 | -€179,023 | -€29,242 | -19.5% |
| Amounts payable | 17/49 | €879,919 | €890,591 | +€10,672 | +1.2% |
| Amounts payable after more than one year | 17 | €362,841 | €378,465 | +€15,624 | +4.3% |
| Financial debts | 170/4 | €362,841 | €378,465 | +€15,624 | +4.3% |
| Amounts payable within one year | 42/48 | €507,645 | €502,339 | -€5,307 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €92,573 | €97,299 | +€4,727 | +5.1% |
| Financial debts | 43 | €125,000 | €164,113 | +€39,113 | +31.3% |
| Credit institutions | 430/8 | €125,000 | €164,113 | +€39,113 | +31.3% |
| Trade debts | 44 | €131,762 | €145,929 | +€14,167 | +10.8% |
| Suppliers | 440/4 | €131,762 | €145,929 | +€14,167 | +10.8% |
| Advances received on contracts in progress | 46 | - | €6,976 | +€6,976 | |
| Taxes, remuneration and social security | 45 | €158,310 | €88,021 | -€70,289 | -44.4% |
| Taxes | 450/3 | €63,949 | €26,929 | -€37,019 | -57.9% |
| Remuneration and social security | 454/9 | €94,362 | €61,092 | -€33,270 | -35.3% |
| Accrued charges and deferred income | 492/3 | €9,433 | €9,788 | +€355 | +3.8% |
| Remuneration, social security and pensions | 62 | €872,730 | €610,238 | -€262,492 | -30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,805 | €119,191 | +€51,386 | +75.8% |
| Other operating charges | 640/8 | €43,565 | €6,339 | -€37,226 | -85.4% |
| Gross operating margin | 9900 | €862,227 | €739,739 | -€122,488 | -14.2% |
| Operating profit (loss) | 9901 | -€121,873 | €3,971 | +€125,844 | |
| Financial income | 75/76B | €763 | €207 | -€555 | -72.8% |
| Recurring financial income | 75 | €763 | €207 | -€555 | -72.8% |
| Financial charges | 65/66B | €28,671 | €32,779 | +€4,108 | +14.3% |
| Recurring financial charges | 65 | €28,671 | €32,779 | +€4,108 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | -€149,781 | -€28,601 | +€121,180 | +80.9% |
| Income taxes | 67/77 | - | €641 | +€641 | |
| Profit (loss) for the period | 9904 | -€149,781 | -€29,242 | +€120,539 | +80.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€149,781 | -€29,242 | +€120,539 | +80.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.