Impact Connecting: 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 Connecting
Largest movements
- Tangible fixed assets -€74,104
down €74,104 (-49.6%), from €149,339 to €75,235
of which Leasing and similar rights: -€123,702
- Cash -€70,473
down €70,473 (-46.7%), from €150,864 to €80,391
mainly Contributions, distributions and other (-€98,091) and Trade debts (-€64,412)
- Receivables within one year -€44,530
down €44,530 (-20.9%), from €213,026 to €168,496
of which Other amounts receivable: -€67,564
- Reserves -€94,573
down €94,573 (-32.6%), from €290,004 to €195,431
- Trade debts -€64,412
down €64,412 (-90.3%), from €71,322 to €6,910
- Tax, wage and social debts -€57,247
down €57,247 (-37.5%), from €152,845 to €95,598
of which Taxes: -€59,318
- Other debts +€23,533
new in 2025: €23,533
- Gross operating margin -€311,223
down €311,223 (-92.7%), from €335,734 to €24,511
- Taxes -€78,173
down €78,173 (-98.1%), from €79,719 to €1,546
- Staff costs +€15,755
up €15,755 (+9613.7%), from €164 to €15,919
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 | €519,336 | €331,215 | -€188,121 | -36.2% |
| Fixed assets | 21/28 | €155,318 | €77,125 | -€78,193 | -50.3% |
| Tangible fixed assets | 22/27 | €149,339 | €75,235 | -€74,104 | -49.6% |
| Land and buildings | 22 | - | €1,113 | +€1,113 | |
| Plant, machinery and equipment | 23 | €1,987 | €8,648 | +€6,661 | +335.2% |
| Furniture and vehicles | 24 | €2,152 | €2,715 | +€562 | +26.1% |
| Leasing and similar rights | 25 | €123,702 | - | -€123,702 | |
| Assets under construction and advance payments | 27 | €21,497 | €62,759 | +€41,262 | +191.9% |
| Financial fixed assets | 28 | €5,979 | €1,890 | -€4,089 | -68.4% |
| Current assets | 29/58 | €364,018 | €254,091 | -€109,927 | -30.2% |
| Amounts receivable within one year | 40/41 | €213,026 | €168,496 | -€44,530 | -20.9% |
| Trade receivables | 40 | €56,370 | €79,404 | +€23,034 | +40.9% |
| Other amounts receivable | 41 | €156,656 | €89,093 | -€67,564 | -43.1% |
| Cash at bank and in hand | 54/58 | €150,864 | €80,391 | -€70,473 | -46.7% |
| Deferred charges and accrued income | 490/1 | €128 | €5,203 | +€5,075 | +3969.5% |
| Total equity and liabilities | 10/49 | €519,336 | €331,215 | -€188,121 | -36.2% |
| Equity | 10/15 | €295,004 | €200,431 | -€94,573 | -32.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €290,004 | €195,431 | -€94,573 | -32.6% |
| Distributable reserves | 133 | €290,004 | €195,431 | -€94,573 | -32.6% |
| Amounts payable | 17/49 | €224,332 | €130,784 | -€93,548 | -41.7% |
| Amounts payable within one year | 42/48 | €224,332 | €126,206 | -€98,126 | -43.7% |
| Trade debts | 44 | €71,322 | €6,910 | -€64,412 | -90.3% |
| Suppliers | 440/4 | €71,322 | €6,910 | -€64,412 | -90.3% |
| Advances received on contracts in progress | 46 | €165 | €165 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €152,845 | €95,598 | -€57,247 | -37.5% |
| Taxes | 450/3 | €152,845 | €93,528 | -€59,318 | -38.8% |
| Remuneration and social security | 454/9 | - | €2,071 | +€2,071 | |
| Other amounts payable | 47/48 | - | €23,533 | +€23,533 | |
| Accrued charges and deferred income | 492/3 | - | €4,578 | +€4,578 | |
| Remuneration, social security and pensions | 62 | €164 | €15,919 | +€15,755 | +9613.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,451 | €2,388 | -€1,063 | -30.8% |
| Other operating charges | 640/8 | €1,288 | €1,113 | -€175 | -13.6% |
| Gross operating margin | 9900 | €335,734 | €24,511 | -€311,223 | -92.7% |
| Operating profit (loss) | 9901 | €330,832 | €5,091 | -€325,741 | -98.5% |
| Financial income | 75/76B | €127 | €420 | +€293 | +231.3% |
| Recurring financial income | 75 | €127 | €420 | +€293 | +231.3% |
| Financial charges | 65/66B | €271 | €447 | +€177 | +65.3% |
| Recurring financial charges | 65 | €271 | €447 | +€177 | +65.3% |
| Profit (loss) for the period before taxes | 9903 | €330,688 | €5,063 | -€325,624 | -98.5% |
| Income taxes | 67/77 | €79,719 | €1,546 | -€78,173 | -98.1% |
| Profit (loss) for the period | 9904 | €250,969 | €3,518 | -€247,451 | -98.6% |
| Profit (loss) for the period to be appropriated | 9905 | €250,969 | €3,518 | -€247,451 | -98.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.