IMPACT ADVISORY: 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 ADVISORY
Largest movements
- Receivables within one year +€69,734
up €69,734 (+20.3%), from €342,728 to €412,462
of which Other amounts receivable: +€61,588
- Current investments +€23,645
new in 2026: €23,645
- Deferred charges and accrued income +€9,703
new in 2026: €9,703
- Other debts +€454,150
up €454,150 (+53429.4%), from €850 to €455,000
- Profit (loss) carried forward -€368,872
down €368,872 (-99.5%), from €370,714 to €1,842
- Reserves +€45,000
new in 2026: €45,000
- Tax, wage and social debts -€26,037
down €26,037 (-85.7%), from €30,373 to €4,336
- Gross operating margin +€31,099
up €31,099 (+22.3%), from €139,523 to €170,622
- Taxes +€18,422
up €18,422 (+61.1%), from €30,152 to €48,574
- Financial income +€13,100
up €13,100 (+1273.1%), from €1,029 to €14,129
- Other operating charges -€2,035
down €2,035 (-66.7%), from €3,049 to €1,014
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €404,007 | €507,274 | +€103,267 | +25.6% |
| Fixed assets | 21/28 | €4,741 | €4,795 | +€54 | +1.1% |
| Tangible fixed assets | 22/27 | €4,741 | €4,795 | +€54 | +1.1% |
| Plant, machinery and equipment | 23 | €798 | €626 | -€172 | -21.6% |
| Furniture and vehicles | 24 | €3,943 | €4,169 | +€226 | +5.7% |
| Current assets | 29/58 | €399,266 | €502,479 | +€103,213 | +25.9% |
| Amounts receivable within one year | 40/41 | €342,728 | €412,462 | +€69,734 | +20.3% |
| Trade receivables | 40 | €20,545 | €28,691 | +€8,146 | +39.6% |
| Other amounts receivable | 41 | €322,183 | €383,771 | +€61,588 | +19.1% |
| Current investments | 50/53 | - | €23,645 | +€23,645 | |
| Cash at bank and in hand | 54/58 | €56,538 | €56,669 | +€131 | +0.2% |
| Deferred charges and accrued income | 490/1 | - | €9,703 | +€9,703 | |
| Total equity and liabilities | 10/49 | €404,007 | €507,274 | +€103,267 | +25.6% |
| Equity | 10/15 | €371,714 | €47,842 | -€323,872 | -87.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €45,000 | +€45,000 | |
| Distributable reserves | 133 | - | €45,000 | +€45,000 | |
| Profit (loss) carried forward | 14 | €370,714 | €1,842 | -€368,872 | -99.5% |
| Amounts payable | 17/49 | €32,293 | €459,432 | +€427,139 | +1322.7% |
| Amounts payable within one year | 42/48 | €32,283 | €459,432 | +€427,149 | +1323.1% |
| Trade debts | 44 | €1,060 | €96 | -€964 | -90.9% |
| Suppliers | 440/4 | €1,060 | €96 | -€964 | -90.9% |
| Taxes, remuneration and social security | 45 | €30,373 | €4,336 | -€26,037 | -85.7% |
| Taxes | 450/3 | €30,373 | €4,336 | -€26,037 | -85.7% |
| Other amounts payable | 47/48 | €850 | €455,000 | +€454,150 | +53429.4% |
| Accrued charges and deferred income | 492/3 | €10 | - | -€10 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,416 | €3,577 | +€161 | +4.7% |
| Other operating charges | 640/8 | €3,049 | €1,014 | -€2,035 | -66.7% |
| Gross operating margin | 9900 | €139,523 | €170,622 | +€31,099 | +22.3% |
| Operating profit (loss) | 9901 | €133,058 | €166,031 | +€32,973 | +24.8% |
| Financial income | 75/76B | €1,029 | €14,129 | +€13,100 | +1273.1% |
| Recurring financial income | 75 | €1,029 | €14,129 | +€13,100 | +1273.1% |
| Financial charges | 65/66B | €291 | €458 | +€167 | +57.4% |
| Recurring financial charges | 65 | €291 | €458 | +€167 | +57.4% |
| Profit (loss) for the period before taxes | 9903 | €133,796 | €179,702 | +€45,906 | +34.3% |
| Income taxes | 67/77 | €30,152 | €48,574 | +€18,422 | +61.1% |
| Profit (loss) for the period | 9904 | €103,644 | €131,128 | +€27,484 | +26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €103,644 | €131,128 | +€27,484 | +26.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.