IMPACT: 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.
IMPACT
Largest movements
- Cash +€348,447
up €348,447 (+101.0%), from €345,126 to €693,574
mainly Net result for the year (+€489,078) and Depreciation (+€33,470)
- Receivables within one year +€105,361
up €105,361 (+21.4%), from €492,423 to €597,784
of which Trade receivables: +€114,741
- Tangible fixed assets -€19,758
down €19,758 (-22.4%), from €88,053 to €68,295
- Reserves +€370,500
up €370,500 (+61.7%), from €600,479 to €970,979
of which Distributable reserves: +€282,090
- Profit (loss) carried forward +€78,578
up €78,578 (+101.3%), from €77,584 to €156,162
- Tax, wage and social debts +€21,007
up €21,007 (+23.6%), from €89,122 to €110,130
of which Taxes: +€10,586
- Other debts -€16,000
down €16,000 (-15.1%), from €106,000 to €90,000
- Gross operating margin +€330,205
up €330,205 (+55.3%), from €597,298 to €927,502
- Taxes +€75,160
up €75,160 (+61.4%), from €122,471 to €197,631
- Staff costs +€66,554
up €66,554 (+45.0%), from €147,823 to €214,377
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,001,061 | €1,443,099 | +€442,038 | +44.2% |
| Fixed assets | 21/28 | €91,038 | €71,280 | -€19,758 | -21.7% |
| Tangible fixed assets | 22/27 | €88,053 | €68,295 | -€19,758 | -22.4% |
| Furniture and vehicles | 24 | €88,053 | €68,295 | -€19,758 | -22.4% |
| Financial fixed assets | 28 | €2,985 | €2,985 | = | 0.0% |
| Current assets | 29/58 | €910,023 | €1,371,819 | +€461,796 | +50.7% |
| Stocks and contracts in progress | 3 | €68,268 | €73,269 | +€5,001 | +7.3% |
| Stocks | 30/36 | €68,268 | €73,269 | +€5,001 | +7.3% |
| Amounts receivable within one year | 40/41 | €492,423 | €597,784 | +€105,361 | +21.4% |
| Trade receivables | 40 | €396,554 | €511,294 | +€114,741 | +28.9% |
| Other amounts receivable | 41 | €95,870 | €86,490 | -€9,380 | -9.8% |
| Cash at bank and in hand | 54/58 | €345,126 | €693,574 | +€348,447 | +101.0% |
| Deferred charges and accrued income | 490/1 | €4,205 | €7,191 | +€2,987 | +71.0% |
| Total equity and liabilities | 10/49 | €1,001,061 | €1,443,099 | +€442,038 | +44.2% |
| Equity | 10/15 | €684,260 | €1,133,338 | +€449,078 | +65.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €600,479 | €970,979 | +€370,500 | +61.7% |
| Tax-exempt reserves | 132 | €258,620 | €347,030 | +€88,410 | +34.2% |
| Distributable reserves | 133 | €341,859 | €623,949 | +€282,090 | +82.5% |
| Profit (loss) carried forward | 14 | €77,584 | €156,162 | +€78,578 | +101.3% |
| Amounts payable | 17/49 | €316,801 | €309,760 | -€7,040 | -2.2% |
| Amounts payable after more than one year | 17 | €6,169 | - | -€6,169 | |
| Financial debts | 170/4 | €6,169 | - | -€6,169 | |
| Amounts payable within one year | 42/48 | €308,008 | €309,760 | +€1,752 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €9,154 | €6,169 | -€2,986 | -32.6% |
| Trade debts | 44 | €103,731 | €103,462 | -€269 | -0.3% |
| Suppliers | 440/4 | €103,731 | €103,462 | -€269 | -0.3% |
| Taxes, remuneration and social security | 45 | €89,122 | €110,130 | +€21,007 | +23.6% |
| Taxes | 450/3 | €70,122 | €80,708 | +€10,586 | +15.1% |
| Remuneration and social security | 454/9 | €19,000 | €29,421 | +€10,421 | +54.8% |
| Other amounts payable | 47/48 | €106,000 | €90,000 | -€16,000 | -15.1% |
| Accrued charges and deferred income | 492/3 | €2,624 | - | -€2,624 | |
| Non-recurring operating income | 76A | €47 | €1,342 | +€1,294 | +2726.0% |
| Remuneration, social security and pensions | 62 | €147,823 | €214,377 | +€66,554 | +45.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,639 | €33,470 | -€169 | -0.5% |
| Other operating charges | 640/8 | €7,473 | €7,411 | -€62 | -0.8% |
| Gross operating margin | 9900 | €597,298 | €927,502 | +€330,205 | +55.3% |
| Operating profit (loss) | 9901 | €408,363 | €672,244 | +€263,881 | +64.6% |
| Financial income | 75/76B | €17,512 | €20,441 | +€2,930 | +16.7% |
| Recurring financial income | 75 | €17,512 | €20,441 | +€2,930 | +16.7% |
| Financial charges | 65/66B | €2,864 | €5,976 | +€3,113 | +108.7% |
| Recurring financial charges | 65 | €2,864 | €5,976 | +€3,113 | +108.7% |
| Profit (loss) for the period before taxes | 9903 | €423,011 | €686,709 | +€263,698 | +62.3% |
| Income taxes | 67/77 | €122,471 | €197,631 | +€75,160 | +61.4% |
| Profit (loss) for the period | 9904 | €300,540 | €489,078 | +€188,538 | +62.7% |
| Transfer from tax-exempt reserves | 789 | - | €122,090 | +€122,090 | |
| Transfer to tax-exempt reserves | 689 | €63,150 | €210,500 | +€147,350 | +233.3% |
| Profit (loss) for the period to be appropriated | 9905 | €237,390 | €400,668 | +€163,278 | +68.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.