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
- Cash +€38,240
up €38,240 (+63.7%), from €60,039 to €98,279
mainly Current portion of long-term debt (+€30,655) and Depreciation (+€28,891)
- Receivables within one year -€21,330
down €21,330 (-9.9%), from €215,655 to €194,325
of which Trade receivables: -€21,330
- Stocks and contracts +€8,084
up €8,084 (+28.9%), from €28,002 to €36,086
- Current portion of long-term debt +€30,655
up €30,655 (+214.1%), from €14,318 to €44,973
- Tax, wage and social debts +€18,364
up €18,364 (+9.5%), from €194,075 to €212,439
of which Remuneration and social security: +€20,805
- Trade debts -€14,782
down €14,782 (-21.0%), from €70,345 to €55,563
- Equity -€8,960
down €8,960 (-8.4%), from €107,178 to €98,218
of which Profit (loss) carried forward: -€16,960
- Turnover +€376,189
up €376,189 (+13.2%), from €2.8m to €3.2m
- Gross operating margin +€285,223
up €285,223 (+12.3%), from €2.3m to €2.6m
- Staff costs +€278,479
up €278,479 (+12.2%), from €2.3m to €2.6m
- Purchases and services +€87,772
up €87,772 (+10.6%), from €829,285 to €917,057
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 | €385,916 | €411,193 | +€25,277 | +6.5% |
| Fixed assets | 21/28 | €65,050 | €66,503 | +€1,453 | +2.2% |
| Tangible fixed assets | 22/27 | €60,050 | €61,503 | +€1,453 | +2.4% |
| Plant, machinery and equipment | 23 | €34,508 | €21,719 | -€12,789 | -37.1% |
| Furniture and vehicles | 24 | €25,543 | €39,784 | +€14,241 | +55.8% |
| Financial fixed assets | 28 | €5,000 | €5,000 | +€0 | 0.0% |
| Current assets | 29/58 | €320,865 | €344,690 | +€23,825 | +7.4% |
| Stocks and contracts in progress | 3 | €28,002 | €36,086 | +€8,084 | +28.9% |
| Stocks | 30/36 | €28,002 | €36,086 | +€8,084 | +28.9% |
| Amounts receivable within one year | 40/41 | €215,655 | €194,325 | -€21,330 | -9.9% |
| Trade receivables | 40 | €205,115 | €183,785 | -€21,330 | -10.4% |
| Other amounts receivable | 41 | €10,540 | €10,540 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €60,039 | €98,279 | +€38,240 | +63.7% |
| Deferred charges and accrued income | 490/1 | €17,169 | €16,000 | -€1,169 | -6.8% |
| Total equity and liabilities | 10/49 | €385,916 | €411,193 | +€25,277 | +6.5% |
| Equity | 10/15 | €107,178 | €98,218 | -€8,960 | -8.4% |
| Contributions | 10/11 | - | €21,642 | +€21,642 | |
| Capital | 10 | - | €21,642 | +€21,642 | |
| Profit (loss) carried forward | 14 | €85,536 | €68,576 | -€16,960 | -19.8% |
| Investment grants | 15 | - | €8,000 | +€8,000 | |
| Amounts payable | 17/49 | €278,738 | €312,975 | +€34,237 | +12.3% |
| Amounts payable within one year | 42/48 | €278,738 | €312,975 | +€34,237 | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €14,318 | €44,973 | +€30,655 | +214.1% |
| Trade debts | 44 | €70,345 | €55,563 | -€14,782 | -21.0% |
| Suppliers | 440/4 | €70,345 | €55,563 | -€14,782 | -21.0% |
| Taxes, remuneration and social security | 45 | €194,075 | €212,439 | +€18,364 | +9.5% |
| Taxes | 450/3 | €16,732 | €14,291 | -€2,441 | -14.6% |
| Remuneration and social security | 454/9 | €177,343 | €198,148 | +€20,805 | +11.7% |
| Turnover | 70 | €2,849,870 | €3,226,059 | +€376,189 | +13.2% |
| Non-recurring operating income | 76A | €1,218 | - | -€1,218 | |
| Goods, raw materials, services and sundry goods | 60/61 | €829,285 | €917,057 | +€87,772 | +10.6% |
| Remuneration, social security and pensions | 62 | €2,282,415 | €2,560,894 | +€278,479 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,516 | €28,891 | -€10,625 | -26.9% |
| Other operating charges | 640/8 | €23,170 | €21,456 | -€1,714 | -7.4% |
| Gross operating margin | 9900 | €2,315,100 | €2,600,323 | +€285,223 | +12.3% |
| Operating profit (loss) | 9901 | -€30,001 | -€10,918 | +€19,083 | +63.6% |
| Financial income | 75/76B | €10 | €2,995 | +€2,985 | +28893.2% |
| Recurring financial income | 75 | €10 | €2,025 | +€2,015 | +19503.1% |
| Non-recurring financial income | 76B | - | €970 | +€970 | |
| Financial charges | 65/66B | €1,128 | €9,037 | +€7,909 | +701.2% |
| Recurring financial charges | 65 | €1,128 | €9,037 | +€7,909 | +701.2% |
| Profit (loss) for the period before taxes | 9903 | -€31,119 | -€16,960 | +€14,159 | +45.5% |
| Profit (loss) for the period | 9904 | -€31,119 | -€16,960 | +€14,159 | +45.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,119 | -€16,960 | +€14,159 | +45.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.