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.
IMPACT
Largest movements
- Receivables within one year +€99,929
up €99,929 (+35.1%), from €284,988 to €384,916
of which Other amounts receivable: +€58,906
- Cash -€68,601
down €68,601 (-76.2%), from €89,984 to €21,383
mainly Receivables within one year (-€99,929) and Trade debts (-€4,368)
- Tangible fixed assets -€7,297
down €7,297 (-22.7%), from €32,139 to €24,842
- Reserves +€29,541
up €29,541 (+59.9%), from €49,357 to €78,899
of which Distributable reserves: +€29,541
- Taxes +€7,641
up €7,641 (+73.7%), from €10,362 to €18,003
- Gross operating margin -€5,163
down €5,163 (-8.5%), from €60,450 to €55,287
- Other operating charges -€4,983
down €4,983 (-65.1%), from €7,651 to €2,669
- Financial charges -€2,871
down €2,871 (-75.1%), from €3,823 to €952
- Depreciation -€741
down €741 (-9.2%), from €8,038 to €7,297
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 | €413,394 | €439,551 | +€26,157 | +6.3% |
| Fixed assets | 21/28 | €35,589 | €28,292 | -€7,297 | -20.5% |
| Tangible fixed assets | 22/27 | €32,139 | €24,842 | -€7,297 | -22.7% |
| Land and buildings | 22 | €9,922 | €9,287 | -€635 | -6.4% |
| Plant, machinery and equipment | 23 | €13,668 | €10,068 | -€3,600 | -26.3% |
| Furniture and vehicles | 24 | €8,549 | €5,487 | -€3,062 | -35.8% |
| Financial fixed assets | 28 | €3,450 | €3,450 | = | 0.0% |
| Current assets | 29/58 | €377,805 | €411,259 | +€33,455 | +8.9% |
| Amounts receivable within one year | 40/41 | €284,988 | €384,916 | +€99,929 | +35.1% |
| Trade receivables | 40 | €31,977 | €73,000 | +€41,023 | +128.3% |
| Other amounts receivable | 41 | €253,011 | €311,916 | +€58,906 | +23.3% |
| Cash at bank and in hand | 54/58 | €89,984 | €21,383 | -€68,601 | -76.2% |
| Deferred charges and accrued income | 490/1 | €2,833 | €4,960 | +€2,127 | +75.1% |
| Total equity and liabilities | 10/49 | €413,394 | €439,551 | +€26,157 | +6.3% |
| Equity | 10/15 | €76,514 | €106,056 | +€29,541 | +38.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,357 | €78,899 | +€29,541 | +59.9% |
| Non-distributable reserves | 130/1 | €1,202 | €1,202 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,202 | €1,202 | = | 0.0% |
| Distributable reserves | 133 | €48,155 | €77,696 | +€29,541 | +61.3% |
| Profit (loss) carried forward | 14 | €8,557 | €8,557 | = | 0.0% |
| Amounts payable | 17/49 | €336,880 | €333,496 | -€3,384 | -1.0% |
| Amounts payable within one year | 42/48 | €336,880 | €333,496 | -€3,384 | -1.0% |
| Trade debts | 44 | €9,071 | €4,703 | -€4,368 | -48.1% |
| Suppliers | 440/4 | €9,071 | €4,703 | -€4,368 | -48.1% |
| Taxes, remuneration and social security | 45 | €16,724 | €19,322 | +€2,597 | +15.5% |
| Taxes | 450/3 | €16,724 | €19,322 | +€2,597 | +15.5% |
| Other amounts payable | 47/48 | €311,084 | €309,471 | -€1,614 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,038 | €7,297 | -€741 | -9.2% |
| Other operating charges | 640/8 | €7,651 | €2,669 | -€4,983 | -65.1% |
| Gross operating margin | 9900 | €60,450 | €55,287 | -€5,163 | -8.5% |
| Operating profit (loss) | 9901 | €44,760 | €45,321 | +€561 | +1.3% |
| Financial income | 75/76B | €3,124 | €3,176 | +€52 | +1.7% |
| Recurring financial income | 75 | €3,124 | €3,176 | +€52 | +1.7% |
| Financial charges | 65/66B | €3,823 | €952 | -€2,871 | -75.1% |
| Recurring financial charges | 65 | €3,823 | €952 | -€2,871 | -75.1% |
| Profit (loss) for the period before taxes | 9903 | €44,061 | €47,544 | +€3,483 | +7.9% |
| Income taxes | 67/77 | €10,362 | €18,003 | +€7,641 | +73.7% |
| Profit (loss) for the period | 9904 | €33,699 | €29,541 | -€4,158 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,699 | €29,541 | -€4,158 | -12.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.