IM'ACT: 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.
IM'ACT
Largest movements
- Receivables within one year -€1,157
down €1,157 (-10.8%), from €10,692 to €9,535
of which Trade receivables: -€2,184
- Tangible fixed assets -€910
down €910 (-37.9%), from €2,401 to €1,491
- Cash -€796
down €796 (-100.0%), from €796 to €0
mainly Other debts (-€9,149) and Tax, wage and social debts (-€3,370)
- Deferred charges and accrued income +€385
up €385 (+22.1%), from €1,739 to €2,124
- Other debts -€9,149
down €9,149 (-48.5%), from €18,878 to €9,729
- Profit (loss) carried forward +€6,211
up €6,211 (+19.7%), from -€31,598 to -€25,387
- Tax, wage and social debts -€3,370
down €3,370 (-78.6%), from €4,287 to €917
- Trade debts +€2,352
up €2,352 (+62.6%), from €3,758 to €6,109
- Short-term financial debts +€1,478
up €1,478 (+74.1%), from €1,996 to €3,474
- Gross operating margin +€4,450
up €4,450 (+59.6%), from €7,463 to €11,913
- Taxes +€1,296
up €1,296 (+77.3%), from €1,677 to €2,973
- Depreciation -€658
down €658 (-26.2%), from €2,510 to €1,852
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 | €15,912 | €13,434 | -€2,478 | -15.6% |
| Fixed assets | 21/28 | €2,684 | €1,775 | -€910 | -33.9% |
| Tangible fixed assets | 22/27 | €2,401 | €1,491 | -€910 | -37.9% |
| Furniture and vehicles | 24 | €2,401 | €1,491 | -€910 | -37.9% |
| Financial fixed assets | 28 | €284 | €284 | = | 0.0% |
| Current assets | 29/58 | €13,227 | €11,659 | -€1,568 | -11.9% |
| Amounts receivable within one year | 40/41 | €10,692 | €9,535 | -€1,157 | -10.8% |
| Trade receivables | 40 | €10,692 | €8,507 | -€2,184 | -20.4% |
| Other amounts receivable | 41 | - | €1,027 | +€1,027 | |
| Cash at bank and in hand | 54/58 | €796 | €0 | -€796 | -100.0% |
| Deferred charges and accrued income | 490/1 | €1,739 | €2,124 | +€385 | +22.1% |
| Total equity and liabilities | 10/49 | €15,912 | €13,434 | -€2,478 | -15.6% |
| Equity | 10/15 | -€13,006 | -€6,795 | +€6,211 | +47.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,598 | -€25,387 | +€6,211 | +19.7% |
| Amounts payable | 17/49 | €28,918 | €20,229 | -€8,689 | -30.0% |
| Amounts payable within one year | 42/48 | €28,918 | €20,229 | -€8,689 | -30.0% |
| Financial debts | 43 | €1,996 | €3,474 | +€1,478 | +74.1% |
| Credit institutions | 430/8 | €1,996 | €3,474 | +€1,478 | +74.1% |
| Trade debts | 44 | €3,758 | €6,109 | +€2,352 | +62.6% |
| Suppliers | 440/4 | €3,758 | €6,109 | +€2,352 | +62.6% |
| Taxes, remuneration and social security | 45 | €4,287 | €917 | -€3,370 | -78.6% |
| Taxes | 450/3 | €4,287 | €917 | -€3,370 | -78.6% |
| Other amounts payable | 47/48 | €18,878 | €9,729 | -€9,149 | -48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,510 | €1,852 | -€658 | -26.2% |
| Other operating charges | 640/8 | €627 | €582 | -€45 | -7.1% |
| Gross operating margin | 9900 | €7,463 | €11,913 | +€4,450 | +59.6% |
| Operating profit (loss) | 9901 | €4,326 | €9,479 | +€5,153 | +119.1% |
| Financial income | 75/76B | €2 | €10 | +€8 | +393.9% |
| Recurring financial income | 75 | €2 | €10 | +€8 | +393.9% |
| Financial charges | 65/66B | €395 | €304 | -€90 | -22.9% |
| Recurring financial charges | 65 | €395 | €304 | -€90 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €3,933 | €9,184 | +€5,251 | +133.5% |
| Income taxes | 67/77 | €1,677 | €2,973 | +€1,296 | +77.3% |
| Profit (loss) for the period | 9904 | €2,257 | €6,211 | +€3,955 | +175.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,257 | €6,211 | +€3,955 | +175.2% |
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 8 October 2026 via checked.be.