IMPACTD: 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.
IMPACTD
Largest movements
- Cash +€27,694
up €27,694 (+33.9%), from €81,665 to €109,359
mainly Net result for the year (+€24,062) and Receivables within one year (+€10,106)
- Receivables within one year -€10,106
down €10,106 (-55.7%), from €18,150 to €8,044
- Tangible fixed assets +€1,219
up €1,219 (+89.9%), from €1,357 to €2,576
- Reserves +€23,229
up €23,229 (+31.3%), from €74,136 to €97,365
- Tax, wage and social debts -€8,280
down €8,280 (-54.2%), from €15,279 to €6,999
- Other debts +€5,325
up €5,325 (+93.4%), from €5,700 to €11,025
- Trade debts -€1,824
down €1,824 (-35.4%), from €5,155 to €3,331
- Taxes +€2,059
up €2,059 (+19.7%), from €10,458 to €12,517
- Gross operating margin +€1,349
up €1,349 (+3.5%), from €38,921 to €40,270
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 | €102,770 | €121,220 | +€18,449 | +18.0% |
| Fixed assets | 21/28 | €1,357 | €2,576 | +€1,219 | +89.9% |
| Tangible fixed assets | 22/27 | €1,357 | €2,576 | +€1,219 | +89.9% |
| Furniture and vehicles | 24 | €1,357 | €2,576 | +€1,219 | +89.9% |
| Current assets | 29/58 | €101,414 | €118,644 | +€17,230 | +17.0% |
| Amounts receivable within one year | 40/41 | €18,150 | €8,044 | -€10,106 | -55.7% |
| Trade receivables | 40 | €18,150 | €8,044 | -€10,106 | -55.7% |
| Cash at bank and in hand | 54/58 | €81,665 | €109,359 | +€27,694 | +33.9% |
| Deferred charges and accrued income | 490/1 | €1,599 | €1,240 | -€358 | -22.4% |
| Total equity and liabilities | 10/49 | €102,770 | €121,220 | +€18,449 | +18.0% |
| Equity | 10/15 | €76,636 | €99,865 | +€23,229 | +30.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €74,136 | €97,365 | +€23,229 | +31.3% |
| Distributable reserves | 133 | €74,136 | €97,365 | +€23,229 | +31.3% |
| Amounts payable | 17/49 | €26,134 | €21,355 | -€4,779 | -18.3% |
| Amounts payable within one year | 42/48 | €26,134 | €21,355 | -€4,779 | -18.3% |
| Trade debts | 44 | €5,155 | €3,331 | -€1,824 | -35.4% |
| Suppliers | 440/4 | €5,155 | €3,331 | -€1,824 | -35.4% |
| Taxes, remuneration and social security | 45 | €15,279 | €6,999 | -€8,280 | -54.2% |
| Taxes | 450/3 | €15,279 | €6,999 | -€8,280 | -54.2% |
| Other amounts payable | 47/48 | €5,700 | €11,025 | +€5,325 | +93.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €402 | €704 | +€302 | +75.1% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €38,921 | €40,270 | +€1,349 | +3.5% |
| Operating profit (loss) | 9901 | €38,519 | €39,167 | +€648 | +1.7% |
| Financial charges | 65/66B | €2,942 | €2,588 | -€354 | -12.0% |
| Recurring financial charges | 65 | €2,942 | €2,588 | -€354 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €35,577 | €36,579 | +€1,001 | +2.8% |
| Income taxes | 67/77 | €10,458 | €12,517 | +€2,059 | +19.7% |
| Profit (loss) for the period | 9904 | €25,120 | €24,062 | -€1,058 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,120 | €24,062 | -€1,058 | -4.2% |
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 18 October 2026 via checked.be.