IMPACT ASSOCIATES: 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 ASSOCIATES
Largest movements
- Cash +€46,446
up €46,446 (+248%), from €18,704 to €65,150
mainly Other debts (+€51,000) and Net result for the year (+€38,784)
- Receivables within one year -€3,112
down €3,112 (-9.5%), from €32,764 to €29,652
of which Other amounts receivable: -€3,524
- Other debts +€51,000
new in 2025: €51,000
- Profit (loss) carried forward -€21,216
down €21,216 (-54.2%), from €39,126 to €17,909
- Tax, wage and social debts +€17,835
up €17,835 (+419%), from €4,256 to €22,091
- Trade debts -€4,285
down €4,285 (-91.9%), from €4,665 to €380
- Turnover -€119,850
no longer reported in 2025 (was €119,850)
- Purchases and services -€108,460
no longer reported in 2025 (was €108,460)
- Gross operating margin +€42,751
up €42,751 (+375%), from €11,390 to €54,141
- Taxes +€9,047
up €9,047 (+151%), from €6,000 to €15,047
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 | €51,468 | €94,802 | +€43,334 | +84.2% |
| Current assets | 29/58 | €51,468 | €94,802 | +€43,334 | +84.2% |
| Amounts receivable within one year | 40/41 | €32,764 | €29,652 | -€3,112 | -9.5% |
| Trade receivables | 40 | €23,317 | €23,728 | +€411 | +1.8% |
| Other amounts receivable | 41 | €9,447 | €5,924 | -€3,524 | -37.3% |
| Cash at bank and in hand | 54/58 | €18,704 | €65,150 | +€46,446 | +248% |
| Total equity and liabilities | 10/49 | €51,468 | €94,802 | +€43,334 | +84.2% |
| Equity | 10/15 | €42,547 | €21,331 | -€21,216 | -49.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | - | €1,000 | +€1,000 | |
| Issued capital | 100 | - | €1,000 | +€1,000 | |
| Reserves | 13 | €2,421 | €2,421 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,421 | €2,421 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,421 | €2,421 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,126 | €17,909 | -€21,216 | -54.2% |
| Amounts payable | 17/49 | €8,921 | €73,471 | +€64,551 | +724% |
| Amounts payable within one year | 42/48 | €8,921 | €73,471 | +€64,551 | +724% |
| Trade debts | 44 | €4,665 | €380 | -€4,285 | -91.9% |
| Suppliers | 440/4 | €4,665 | €380 | -€4,285 | -91.9% |
| Taxes, remuneration and social security | 45 | €4,256 | €22,091 | +€17,835 | +419% |
| Taxes | 450/3 | €4,256 | €22,091 | +€17,835 | +419% |
| Other amounts payable | 47/48 | - | €51,000 | +€51,000 | |
| Turnover | 70 | €119,850 | - | -€119,850 | |
| Goods, raw materials, services and sundry goods | 60/61 | €108,460 | - | -€108,460 | |
| Other operating charges | 640/8 | €798 | €251 | -€547 | -68.6% |
| Gross operating margin | 9900 | €11,390 | €54,141 | +€42,751 | +375% |
| Operating profit (loss) | 9901 | €10,592 | €53,890 | +€43,298 | +409% |
| Financial charges | 65/66B | €60 | €60 | = | 0.0% |
| Recurring financial charges | 65 | €60 | €60 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €10,532 | €53,830 | +€43,298 | +411% |
| Income taxes | 67/77 | €6,000 | €15,047 | +€9,047 | +151% |
| Profit (loss) for the period | 9904 | €4,532 | €38,784 | +€34,251 | +756% |
| Profit (loss) for the period to be appropriated | 9905 | €4,532 | €38,784 | +€34,251 | +756% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.