Connect2Impact: 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.
Connect2Impact
Largest movements
- Cash +€29,262
up €29,262 (+49.7%), from €58,849 to €88,112
mainly Net result for the year (+€40,410) and Other debts (+€6,961)
- Receivables within one year +€6,095
up €6,095 (+58.6%), from €10,406 to €16,501
- Tangible fixed assets +€5,913
up €5,913 (+271.8%), from €2,175 to €8,088
of which Furniture and vehicles: +€3,981
- Profit (loss) carried forward +€40,410
up €40,410 (+121.2%), from €33,349 to €73,759
- Other debts +€6,961
up €6,961 (+82.9%), from €8,399 to €15,360
- Tax, wage and social debts -€3,068
down €3,068 (-14.3%), from €21,415 to €18,346
of which Remuneration and social security: -€3,489
- Trade debts -€2,412
down €2,412 (-80.2%), from €3,007 to €595
- Gross operating margin +€11,308
up €11,308 (+25.4%), from €44,543 to €55,850
- Taxes +€2,251
up €2,251 (+25.3%), from €8,908 to €11,159
- Financial charges +€1,303
up €1,303 (+82.0%), from €1,589 to €2,891
- Depreciation +€667
up €667 (+210.6%), from €317 to €983
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 | €71,431 | €113,479 | +€42,049 | +58.9% |
| Fixed assets | 21/28 | €2,175 | €8,088 | +€5,913 | +271.8% |
| Tangible fixed assets | 22/27 | €2,175 | €8,088 | +€5,913 | +271.8% |
| Plant, machinery and equipment | 23 | €468 | €2,400 | +€1,932 | +413.0% |
| Furniture and vehicles | 24 | €1,708 | €5,688 | +€3,981 | +233.1% |
| Current assets | 29/58 | €69,255 | €105,391 | +€36,135 | +52.2% |
| Amounts receivable within one year | 40/41 | €10,406 | €16,501 | +€6,095 | +58.6% |
| Trade receivables | 40 | €10,406 | €16,501 | +€6,095 | +58.6% |
| Cash at bank and in hand | 54/58 | €58,849 | €88,112 | +€29,262 | +49.7% |
| Deferred charges and accrued income | 490/1 | - | €778 | +€778 | |
| Total equity and liabilities | 10/49 | €71,431 | €113,479 | +€42,049 | +58.9% |
| Equity | 10/15 | €38,349 | €78,759 | +€40,410 | +105.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,349 | €73,759 | +€40,410 | +121.2% |
| Amounts payable | 17/49 | €33,081 | €34,720 | +€1,639 | +5.0% |
| Amounts payable within one year | 42/48 | €32,821 | €34,301 | +€1,480 | +4.5% |
| Trade debts | 44 | €3,007 | €595 | -€2,412 | -80.2% |
| Suppliers | 440/4 | €3,007 | €595 | -€2,412 | -80.2% |
| Taxes, remuneration and social security | 45 | €21,415 | €18,346 | -€3,068 | -14.3% |
| Taxes | 450/3 | €17,926 | €18,346 | +€420 | +2.3% |
| Remuneration and social security | 454/9 | €3,489 | €0 | -€3,489 | -100.0% |
| Other amounts payable | 47/48 | €8,399 | €15,360 | +€6,961 | +82.9% |
| Accrued charges and deferred income | 492/3 | €260 | €419 | +€159 | +61.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €317 | €983 | +€667 | +210.6% |
| Other operating charges | 640/8 | €381 | €410 | +€29 | +7.6% |
| Gross operating margin | 9900 | €44,543 | €55,850 | +€11,308 | +25.4% |
| Operating profit (loss) | 9901 | €43,845 | €54,457 | +€10,612 | +24.2% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €1,589 | €2,891 | +€1,303 | +82.0% |
| Recurring financial charges | 65 | €1,589 | €2,891 | +€1,303 | +82.0% |
| Profit (loss) for the period before taxes | 9903 | €42,257 | €51,568 | +€9,311 | +22.0% |
| Income taxes | 67/77 | €8,908 | €11,159 | +€2,251 | +25.3% |
| Profit (loss) for the period | 9904 | €33,349 | €40,410 | +€7,060 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,349 | €40,410 | +€7,060 | +21.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.