IMPALA CONCEPT: 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.
IMPALA CONCEPT
Largest movements
- Cash +€50,794
up €50,794 (+78.2%), from €64,925 to €115,719
mainly Net result for the year (+€70,425) and Other debts (+€65,269)
- Receivables within one year +€10,600
up €10,600 (+57.6%), from €18,391 to €28,990
- Other debts +€65,269
up €65,269 (+721.0%), from €9,053 to €74,321
- Profit (loss) carried forward -€43,418
no longer reported in 2025 (was €43,418)
- Advances received +€29,332
new in 2025: €29,332
- Tax, wage and social debts +€12,136
up €12,136 (+47.2%), from €25,733 to €37,869
of which Taxes: +€11,276
- Trade debts -€3,696
down €3,696 (-40.7%), from €9,081 to €5,385
- Gross operating margin +€40,775
up €40,775 (+78.1%), from €52,226 to €93,001
- Taxes +€4,697
up €4,697 (+29.1%), from €16,166 to €20,863
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 | €105,903 | €165,938 | +€60,035 | +56.7% |
| Fixed assets | 21/28 | €3,241 | €1,882 | -€1,359 | -41.9% |
| Tangible fixed assets | 22/27 | €3,241 | €1,882 | -€1,359 | -41.9% |
| Furniture and vehicles | 24 | €3,241 | €1,882 | -€1,359 | -41.9% |
| Current assets | 29/58 | €102,662 | €164,055 | +€61,393 | +59.8% |
| Stocks and contracts in progress | 3 | €19,346 | €19,346 | = | 0.0% |
| Stocks | 30/36 | €19,346 | €19,346 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,391 | €28,990 | +€10,600 | +57.6% |
| Trade receivables | 40 | €18,391 | €28,990 | +€10,600 | +57.6% |
| Cash at bank and in hand | 54/58 | €64,925 | €115,719 | +€50,794 | +78.2% |
| Total equity and liabilities | 10/49 | €105,903 | €165,938 | +€60,035 | +56.7% |
| Equity | 10/15 | €62,036 | €18,618 | -€43,418 | -70.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18 | €18 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18 | €18 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18 | €18 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,418 | - | -€43,418 | |
| Amounts payable | 17/49 | €43,867 | €147,320 | +€103,453 | +235.8% |
| Amounts payable within one year | 42/48 | €43,867 | €146,908 | +€103,041 | +234.9% |
| Trade debts | 44 | €9,081 | €5,385 | -€3,696 | -40.7% |
| Suppliers | 440/4 | €9,081 | €5,385 | -€3,696 | -40.7% |
| Advances received on contracts in progress | 46 | - | €29,332 | +€29,332 | |
| Taxes, remuneration and social security | 45 | €25,733 | €37,869 | +€12,136 | +47.2% |
| Taxes | 450/3 | €24,129 | €35,405 | +€11,276 | +46.7% |
| Remuneration and social security | 454/9 | €1,604 | €2,464 | +€860 | +53.6% |
| Other amounts payable | 47/48 | €9,053 | €74,321 | +€65,269 | +721.0% |
| Accrued charges and deferred income | 492/3 | - | €412 | +€412 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,083 | €1,359 | +€275 | +25.4% |
| Other operating charges | 640/8 | €370 | - | -€370 | |
| Gross operating margin | 9900 | €52,226 | €93,001 | +€40,775 | +78.1% |
| Operating profit (loss) | 9901 | €50,772 | €91,643 | +€40,870 | +80.5% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €297 | €365 | +€68 | +23.0% |
| Recurring financial charges | 65 | €297 | €365 | +€68 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | €50,476 | €91,288 | +€40,812 | +80.9% |
| Income taxes | 67/77 | €16,166 | €20,863 | +€4,697 | +29.1% |
| Profit (loss) for the period | 9904 | €34,310 | €70,425 | +€36,115 | +105.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,310 | €70,425 | +€36,115 | +105.3% |
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 5 October 2026 via checked.be.