CLEVER IMPULSE: 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.
CLEVER IMPULSE
Largest movements
- Current investments +€25,848
up €25,848 (+18.5%), from €140,000 to €165,848
- Receivables within one year -€6,289
down €6,289 (-77.7%), from €8,099 to €1,810
- Reserves +€51,400
up €51,400 (+32.8%), from €156,500 to €207,900
- Tax, wage and social debts -€33,870
down €33,870 (-65.8%), from €51,463 to €17,593
- Gross operating margin -€12,672
down €12,672 (-15.3%), from €82,626 to €69,954
- Taxes -€3,956
down €3,956 (-17.3%), from €22,807 to €18,851
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 | €208,954 | €228,322 | +€19,369 | +9.3% |
| Fixed assets | 21/28 | €3,262 | €3,588 | +€327 | +10.0% |
| Tangible fixed assets | 22/27 | €3,262 | €3,588 | +€327 | +10.0% |
| Plant, machinery and equipment | 23 | €187 | - | -€187 | |
| Furniture and vehicles | 24 | €3,074 | €3,588 | +€514 | +16.7% |
| Current assets | 29/58 | €205,692 | €224,734 | +€19,042 | +9.3% |
| Amounts receivable within one year | 40/41 | €8,099 | €1,810 | -€6,289 | -77.7% |
| Trade receivables | 40 | €8,099 | €1,810 | -€6,289 | -77.7% |
| Current investments | 50/53 | €140,000 | €165,848 | +€25,848 | +18.5% |
| Cash at bank and in hand | 54/58 | €54,103 | €54,508 | +€405 | +0.7% |
| Deferred charges and accrued income | 490/1 | €3,491 | €2,568 | -€922 | -26.4% |
| Total equity and liabilities | 10/49 | €208,954 | €228,322 | +€19,369 | +9.3% |
| Equity | 10/15 | €156,750 | €208,202 | +€51,451 | +32.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €156,500 | €207,900 | +€51,400 | +32.8% |
| Distributable reserves | 133 | €156,500 | €207,900 | +€51,400 | +32.8% |
| Profit (loss) carried forward | 14 | €150 | €202 | +€51 | +34.2% |
| Amounts payable | 17/49 | €52,203 | €20,121 | -€32,083 | -61.5% |
| Amounts payable within one year | 42/48 | €52,203 | €20,121 | -€32,083 | -61.5% |
| Trade debts | 44 | €387 | €2,527 | +€2,141 | +553.7% |
| Suppliers | 440/4 | €387 | €2,527 | +€2,141 | +553.7% |
| Taxes, remuneration and social security | 45 | €51,463 | €17,593 | -€33,870 | -65.8% |
| Taxes | 450/3 | €51,463 | €17,593 | -€33,870 | -65.8% |
| Other amounts payable | 47/48 | €353 | - | -€353 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,730 | €1,442 | -€289 | -16.7% |
| Other operating charges | 640/8 | €1,101 | €864 | -€237 | -21.5% |
| Gross operating margin | 9900 | €82,626 | €69,954 | -€12,672 | -15.3% |
| Operating profit (loss) | 9901 | €79,795 | €67,649 | -€12,146 | -15.2% |
| Financial income | 75/76B | €3,116 | €3,386 | +€271 | +8.7% |
| Recurring financial income | 75 | €3,116 | €3,386 | +€271 | +8.7% |
| Financial charges | 65/66B | €174 | €733 | +€559 | +321.9% |
| Recurring financial charges | 65 | €174 | €733 | +€559 | +321.9% |
| Profit (loss) for the period before taxes | 9903 | €82,737 | €70,302 | -€12,435 | -15.0% |
| Income taxes | 67/77 | €22,807 | €18,851 | -€3,956 | -17.3% |
| Profit (loss) for the period | 9904 | €59,931 | €51,451 | -€8,479 | -14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €59,931 | €51,451 | -€8,479 | -14.1% |
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 30 September 2026 via checked.be.