IMPACT MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables within one year -€4,589
down €4,589 (-26.9%), from €17,089 to €12,500
- Tax, wage and social debts -€23,206
down €23,206 (-56.0%), from €41,472 to €18,266
- Other debts +€19,741
up €19,741 (+478.1%), from €4,129 to €23,870
- Profit (loss) carried forward -€15,786
down €15,786, from €9,058 to -€6,728
- Debts after one year +€11,375
up €11,375 (+5.4%), from €212,104 to €223,479
of which Other amounts payable: +€11,375
- Financial charges +€7,805
up €7,805, from -€6 to €7,799
of which Non-recurring financial charges: +€4,589
- Gross operating margin -€3,557
down €3,557 (-91.3%), from -€3,897 to -€7,454
- Financial income -€223
no longer reported in 2025 (was €223)
- Depreciation -€89
no longer reported in 2025 (was €89)
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 | €367,134 | €363,002 | -€4,132 | -1.1% |
| Fixed assets | 21/28 | €350,000 | €350,000 | = | 0.0% |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €17,134 | €13,002 | -€4,132 | -24.1% |
| Amounts receivable within one year | 40/41 | €17,089 | €12,500 | -€4,589 | -26.9% |
| Other amounts receivable | 41 | €17,089 | €12,500 | -€4,589 | -26.9% |
| Cash at bank and in hand | 54/58 | €45 | €502 | +€456 | +1006.5% |
| Total equity and liabilities | 10/49 | €367,134 | €363,002 | -€4,132 | -1.1% |
| Equity | 10/15 | €50,198 | €34,412 | -€15,786 | -31.4% |
| Contributions | 10/11 | €41,140 | €41,140 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,058 | -€6,728 | -€15,786 | |
| Amounts payable | 17/49 | €316,936 | €328,590 | +€11,654 | +3.7% |
| Amounts payable after more than one year | 17 | €212,104 | €223,479 | +€11,375 | +5.4% |
| Financial debts | 170/4 | €91,000 | €91,000 | = | 0.0% |
| Other amounts payable | 178/9 | €121,104 | €132,479 | +€11,375 | +9.4% |
| Amounts payable within one year | 42/48 | €59,753 | €59,512 | -€242 | -0.4% |
| Trade debts | 44 | €14,152 | €17,376 | +€3,224 | +22.8% |
| Suppliers | 440/4 | €14,152 | €17,376 | +€3,224 | +22.8% |
| Taxes, remuneration and social security | 45 | €41,472 | €18,266 | -€23,206 | -56.0% |
| Taxes | 450/3 | €41,472 | €18,266 | -€23,206 | -56.0% |
| Other amounts payable | 47/48 | €4,129 | €23,870 | +€19,741 | +478.1% |
| Accrued charges and deferred income | 492/3 | €45,079 | €45,600 | +€520 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89 | - | -€89 | |
| Other operating charges | 640/8 | €472 | €532 | +€60 | +12.8% |
| Gross operating margin | 9900 | -€3,897 | -€7,454 | -€3,557 | -91.3% |
| Operating profit (loss) | 9901 | -€4,458 | -€7,987 | -€3,529 | -79.2% |
| Financial income | 75/76B | €223 | - | -€223 | |
| Recurring financial income | 75 | €223 | - | -€223 | |
| Financial charges | 65/66B | -€6 | €7,799 | +€7,805 | |
| Recurring financial charges | 65 | -€6 | €3,211 | +€3,217 | |
| Non-recurring financial charges | 66B | - | €4,589 | +€4,589 | |
| Profit (loss) for the period before taxes | 9903 | -€4,229 | -€15,786 | -€11,557 | -273.3% |
| Profit (loss) for the period | 9904 | -€4,229 | -€15,786 | -€11,557 | -273.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,229 | -€15,786 | -€11,557 | -273.3% |
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 7 October 2026 via checked.be.