IMPACE: 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.
IMPACE
Largest movements
- Receivables within one year +€128,051
up €128,051 (+148%), from €86,644 to €214,695
of which Other amounts receivable: +€88,399
- Deferred charges and accrued income -€8,896
down €8,896 (-6.9%), from €129,198 to €120,302
- Cash -€7,376
down €7,376 (-11.7%), from €62,814 to €55,438
mainly Receivables within one year (-€128,051) and Contributions, distributions and other (-€66,434)
- Reserves +€82,887
up €82,887 (+31.5%), from €263,370 to €346,257
- Tax, wage and social debts +€27,799
up €27,799 (+77.6%), from €35,812 to €63,612
of which Taxes: +€32,909
- Other debts +€12,319
up €12,319 (+24.6%), from €50,000 to €62,319
- Trade debts -€11,189
down €11,189 (-32.9%), from €33,966 to €22,777
- Gross operating margin +€113,203
up €113,203 (+71.0%), from €159,351 to €272,554
- Taxes +€38,937
up €38,937 (+127%), from €30,703 to €69,640
- Financial income +€10,185
up €10,185 (+70,877%), from €14 to €10,199
- Staff costs +€4,625
up €4,625 (+9.0%), from €51,119 to €55,744
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 | €395,548 | €508,371 | +€112,823 | +28.5% |
| Fixed assets | 21/28 | €16,892 | €17,936 | +€1,043 | +6.2% |
| Tangible fixed assets | 22/27 | €16,892 | €17,936 | +€1,043 | +6.2% |
| Land and buildings | 22 | €1,272 | €954 | -€318 | -25.0% |
| Plant, machinery and equipment | 23 | €15,156 | €15,603 | +€447 | +3.0% |
| Furniture and vehicles | 24 | €464 | €1,378 | +€914 | +197% |
| Current assets | 29/58 | €378,656 | €490,435 | +€111,779 | +29.5% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €86,644 | €214,695 | +€128,051 | +148% |
| Trade receivables | 40 | - | €39,653 | +€39,653 | |
| Other amounts receivable | 41 | €86,644 | €175,043 | +€88,399 | +102% |
| Cash at bank and in hand | 54/58 | €62,814 | €55,438 | -€7,376 | -11.7% |
| Deferred charges and accrued income | 490/1 | €129,198 | €120,302 | -€8,896 | -6.9% |
| Total equity and liabilities | 10/49 | €395,548 | €508,371 | +€112,823 | +28.5% |
| Equity | 10/15 | €275,770 | €358,657 | +€82,887 | +30.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €263,370 | €346,257 | +€82,887 | +31.5% |
| Distributable reserves | 133 | €263,370 | €346,257 | +€82,887 | +31.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €119,778 | €149,714 | +€29,935 | +25.0% |
| Amounts payable within one year | 42/48 | €119,778 | €148,708 | +€28,930 | +24.2% |
| Trade debts | 44 | €33,966 | €22,777 | -€11,189 | -32.9% |
| Suppliers | 440/4 | €33,966 | €22,777 | -€11,189 | -32.9% |
| Taxes, remuneration and social security | 45 | €35,812 | €63,612 | +€27,799 | +77.6% |
| Taxes | 450/3 | €30,703 | €63,612 | +€32,909 | +107% |
| Remuneration and social security | 454/9 | €5,109 | €0 | -€5,109 | -100% |
| Other amounts payable | 47/48 | €50,000 | €62,319 | +€12,319 | +24.6% |
| Accrued charges and deferred income | 492/3 | - | €1,005 | +€1,005 | |
| Remuneration, social security and pensions | 62 | €51,119 | €55,744 | +€4,625 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,238 | €3,408 | +€2,169 | +175% |
| Other operating charges | 640/8 | €1,145 | €2,156 | +€1,011 | +88.3% |
| Gross operating margin | 9900 | €159,351 | €272,554 | +€113,203 | +71.0% |
| Operating profit (loss) | 9901 | €105,849 | €211,247 | +€105,398 | +99.6% |
| Financial income | 75/76B | €14 | €10,199 | +€10,185 | +70,877% |
| Recurring financial income | 75 | €14 | €10,199 | +€10,185 | +70,877% |
| Financial charges | 65/66B | €2,498 | €2,485 | -€12 | -0.5% |
| Recurring financial charges | 65 | €2,498 | €2,485 | -€12 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €103,366 | €218,961 | +€115,595 | +112% |
| Income taxes | 67/77 | €30,703 | €69,640 | +€38,937 | +127% |
| Profit (loss) for the period | 9904 | €72,663 | €149,321 | +€76,659 | +105% |
| Profit (loss) for the period to be appropriated | 9905 | €72,663 | €149,321 | +€76,659 | +105% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.