Impact Management: 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 Management
Largest movements
- Cash +€65,808
up €65,808 (+79.2%), from €83,114 to €148,922
mainly Other debts (+€200,000) and Net result for the year (+€71,171)
- Receivables within one year +€5,720
up €5,720 (+19.0%), from €30,097 to €35,817
of which Other amounts receivable: +€13,450
- Other debts +€200,000
new in 2025: €200,000
- Reserves -€128,829
down €128,829 (-86.9%), from €148,184 to €19,355
- Gross operating margin +€73,857
up €73,857 (+297.4%), from €24,833 to €98,690
- Taxes +€20,441
up €20,441 (+386.0%), from €5,296 to €25,737
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 | €166,423 | €236,900 | +€70,478 | +42.3% |
| Fixed assets | 21/28 | €1,707 | €2,162 | +€455 | +26.6% |
| Tangible fixed assets | 22/27 | €1,707 | €2,162 | +€455 | +26.6% |
| Plant, machinery and equipment | 23 | €1,707 | €1,545 | -€162 | -9.5% |
| Furniture and vehicles | 24 | - | €617 | +€617 | |
| Current assets | 29/58 | €164,716 | €234,738 | +€70,023 | +42.5% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,097 | €35,817 | +€5,720 | +19.0% |
| Trade receivables | 40 | €29,486 | €21,756 | -€7,730 | -26.2% |
| Other amounts receivable | 41 | €611 | €14,061 | +€13,450 | +2201.8% |
| Cash at bank and in hand | 54/58 | €83,114 | €148,922 | +€65,808 | +79.2% |
| Deferred charges and accrued income | 490/1 | €1,504 | - | -€1,504 | |
| Total equity and liabilities | 10/49 | €166,423 | €236,900 | +€70,478 | +42.3% |
| Equity | 10/15 | €150,684 | €21,855 | -€128,829 | -85.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €148,184 | €19,355 | -€128,829 | -86.9% |
| Distributable reserves | 133 | €148,184 | €19,355 | -€128,829 | -86.9% |
| Amounts payable | 17/49 | €15,739 | €215,046 | +€199,307 | +1266.3% |
| Amounts payable within one year | 42/48 | €15,739 | €215,046 | +€199,307 | +1266.3% |
| Trade debts | 44 | €291 | €1,033 | +€743 | +255.5% |
| Suppliers | 440/4 | €291 | €1,033 | +€743 | +255.5% |
| Taxes, remuneration and social security | 45 | €15,448 | €14,013 | -€1,436 | -9.3% |
| Taxes | 450/3 | €15,448 | €14,013 | -€1,436 | -9.3% |
| Other amounts payable | 47/48 | - | €200,000 | +€200,000 | |
| Remuneration, social security and pensions | 62 | €1,760 | €1,600 | -€160 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,107 | €1,226 | +€120 | +10.8% |
| Other operating charges | 640/8 | €472 | €528 | +€56 | +11.9% |
| Gross operating margin | 9900 | €24,833 | €98,690 | +€73,857 | +297.4% |
| Operating profit (loss) | 9901 | €21,495 | €95,336 | +€73,841 | +343.5% |
| Financial income | 75/76B | €1,522 | €1,705 | +€184 | +12.1% |
| Recurring financial income | 75 | €1,522 | €1,705 | +€184 | +12.1% |
| Financial charges | 65/66B | €126 | €134 | +€8 | +6.1% |
| Recurring financial charges | 65 | €126 | €134 | +€8 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €22,891 | €96,908 | +€74,017 | +323.3% |
| Income taxes | 67/77 | €5,296 | €25,737 | +€20,441 | +386.0% |
| Profit (loss) for the period | 9904 | €17,595 | €71,171 | +€53,576 | +304.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,595 | €71,171 | +€53,576 | +304.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.