IMPACT4REAL: 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.
IMPACT4REAL
Largest movements
- Cash +€16,865
up €16,865 (+157%), from €10,729 to €27,593
mainly Net result for the year (+€11,458) and Receivables within one year (+€8,643)
- Receivables within one year -€8,643
down €8,643 (-98.0%), from €8,823 to €180
- Tangible fixed assets +€1,248
new in 2025: €1,248
- Profit (loss) carried forward +€11,458
up €11,458 (+133%), from €8,608 to €20,066
- Tax, wage and social debts -€4,412
down €4,412 (-78.2%), from €5,644 to €1,232
- Trade debts +€1,760
up €1,760 (+360%), from €489 to €2,249
- Other debts +€881
up €881 (+48.7%), from €1,810 to €2,691
- Gross operating margin +€4,529
up €4,529 (+39.4%), from €11,506 to €16,035
- Taxes +€1,153
up €1,153 (+49.5%), from €2,330 to €3,483
- Depreciation +€504
new in 2025: €504
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 | €19,551 | €29,238 | +€9,687 | +49.5% |
| Fixed assets | 21/28 | - | €1,398 | +€1,398 | |
| Tangible fixed assets | 22/27 | - | €1,248 | +€1,248 | |
| Furniture and vehicles | 24 | - | €1,248 | +€1,248 | |
| Financial fixed assets | 28 | - | €150 | +€150 | |
| Current assets | 29/58 | €19,551 | €27,840 | +€8,289 | +42.4% |
| Amounts receivable within one year | 40/41 | €8,823 | €180 | -€8,643 | -98.0% |
| Trade receivables | 40 | €8,823 | €180 | -€8,643 | -98.0% |
| Cash at bank and in hand | 54/58 | €10,729 | €27,593 | +€16,865 | +157% |
| Deferred charges and accrued income | 490/1 | - | €67 | +€67 | |
| Total equity and liabilities | 10/49 | €19,551 | €29,238 | +€9,687 | +49.5% |
| Equity | 10/15 | €11,608 | €23,066 | +€11,458 | +98.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,608 | €20,066 | +€11,458 | +133% |
| Amounts payable | 17/49 | €7,944 | €6,173 | -€1,771 | -22.3% |
| Amounts payable within one year | 42/48 | €7,944 | €6,173 | -€1,771 | -22.3% |
| Trade debts | 44 | €489 | €2,249 | +€1,760 | +360% |
| Suppliers | 440/4 | €489 | €2,249 | +€1,760 | +360% |
| Taxes, remuneration and social security | 45 | €5,644 | €1,232 | -€4,412 | -78.2% |
| Taxes | 450/3 | €5,644 | €1,232 | -€4,412 | -78.2% |
| Other amounts payable | 47/48 | €1,810 | €2,691 | +€881 | +48.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €504 | +€504 | |
| Other operating charges | 640/8 | €387 | €520 | +€132 | +34.2% |
| Gross operating margin | 9900 | €11,506 | €16,035 | +€4,529 | +39.4% |
| Operating profit (loss) | 9901 | €11,119 | €15,012 | +€3,893 | +35.0% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €181 | €75 | -€105 | -58.3% |
| Recurring financial charges | 65 | €181 | €75 | -€105 | -58.3% |
| Profit (loss) for the period before taxes | 9903 | €10,938 | €14,941 | +€4,004 | +36.6% |
| Income taxes | 67/77 | €2,330 | €3,483 | +€1,153 | +49.5% |
| Profit (loss) for the period | 9904 | €8,608 | €11,458 | +€2,850 | +33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,608 | €11,458 | +€2,850 | +33.1% |
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 17 October 2026 via checked.be.