Creating Impact: 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.
Creating Impact
Largest movements
- Tangible fixed assets -€274,199
down €274,199 (-20.2%), from €1.4m to €1.1m
of which Land and buildings: -€264,685
- Receivables within one year +€113,478
up €113,478 (+932.6%), from €12,168 to €125,646
of which Other amounts receivable: +€90,701
- Cash +€44,346
up €44,346 (+102.8%), from €43,145 to €87,492
mainly Investment in fixed assets (net) (+€233,647) and Depreciation (+€40,553)
- Debts after one year -€39,508
down €39,508 (-2.9%), from €1.4m to €1.3m
- Other debts -€35,674
down €35,674 (-23.4%), from €152,407 to €116,733
- Trade debts -€22,959
down €22,959 (-79.0%), from €29,068 to €6,110
- Profit (loss) carried forward -€22,827
down €22,827 (-11.7%), from -€195,637 to -€218,464
- Gross operating margin +€91,852
up €91,852, from -€56,109 to €35,743
- Financial charges -€23,240
down €23,240 (-67.4%), from €34,479 to €11,238
- Depreciation -€19,046
down €19,046 (-32.0%), from €59,599 to €40,553
- Financial income -€635
down €635 (-91.8%), from €692 to €57
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 | €1,418,545 | €1,302,833 | -€115,712 | -8.2% |
| Fixed assets | 21/28 | €1,363,232 | €1,089,033 | -€274,199 | -20.1% |
| Tangible fixed assets | 22/27 | €1,360,532 | €1,086,333 | -€274,199 | -20.2% |
| Land and buildings | 22 | €1,274,146 | €1,009,461 | -€264,685 | -20.8% |
| Plant, machinery and equipment | 23 | €2,999 | €1,864 | -€1,135 | -37.8% |
| Furniture and vehicles | 24 | €30,595 | €28,772 | -€1,822 | -6.0% |
| Other tangible fixed assets | 26 | €52,793 | €46,236 | -€6,557 | -12.4% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €55,313 | €213,801 | +€158,487 | +286.5% |
| Amounts receivable within one year | 40/41 | €12,168 | €125,646 | +€113,478 | +932.6% |
| Trade receivables | 40 | €2,844 | €25,621 | +€22,777 | +800.8% |
| Other amounts receivable | 41 | €9,324 | €100,025 | +€90,701 | +972.8% |
| Cash at bank and in hand | 54/58 | €43,145 | €87,492 | +€44,346 | +102.8% |
| Deferred charges and accrued income | 490/1 | - | €663 | +€663 | |
| Total equity and liabilities | 10/49 | €1,418,545 | €1,302,833 | -€115,712 | -8.2% |
| Equity | 10/15 | -€181,377 | -€204,204 | -€22,827 | -12.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€195,637 | -€218,464 | -€22,827 | -11.7% |
| Amounts payable | 17/49 | €1,599,923 | €1,507,037 | -€92,885 | -5.8% |
| Amounts payable after more than one year | 17 | €1,371,035 | €1,331,528 | -€39,508 | -2.9% |
| Financial debts | 170/4 | €1,371,035 | €1,331,528 | -€39,508 | -2.9% |
| Amounts payable within one year | 42/48 | €222,470 | €169,118 | -€53,352 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €40,890 | €39,508 | -€1,383 | -3.4% |
| Trade debts | 44 | €29,068 | €6,110 | -€22,959 | -79.0% |
| Suppliers | 440/4 | €29,068 | €6,110 | -€22,959 | -79.0% |
| Taxes, remuneration and social security | 45 | €104 | €6,768 | +€6,664 | +6386.8% |
| Taxes | 450/3 | €104 | €6,768 | +€6,664 | +6386.8% |
| Other amounts payable | 47/48 | €152,407 | €116,733 | -€35,674 | -23.4% |
| Accrued charges and deferred income | 492/3 | €6,417 | €6,391 | -€26 | -0.4% |
| Non-recurring operating income | 76A | - | €61,353 | +€61,353 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,599 | €40,553 | -€19,046 | -32.0% |
| Other operating charges | 640/8 | €6,284 | €6,750 | +€466 | +7.4% |
| Gross operating margin | 9900 | -€56,109 | €35,743 | +€91,852 | |
| Operating profit (loss) | 9901 | -€121,991 | -€11,559 | +€110,432 | +90.5% |
| Financial income | 75/76B | €692 | €57 | -€635 | -91.8% |
| Recurring financial income | 75 | €692 | €57 | -€635 | -91.8% |
| Financial charges | 65/66B | €34,479 | €11,238 | -€23,240 | -67.4% |
| Recurring financial charges | 65 | €34,479 | €11,238 | -€23,240 | -67.4% |
| Profit (loss) for the period before taxes | 9903 | -€155,778 | -€22,740 | +€133,037 | +85.4% |
| Income taxes | 67/77 | €248 | €86 | -€162 | -65.2% |
| Profit (loss) for the period | 9904 | -€156,026 | -€22,827 | +€133,199 | +85.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€156,026 | -€22,827 | +€133,199 | +85.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.