IMPALAÄ: 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.
IMPALAÄ
Largest movements
- Receivables within one year +€6,097
up €6,097 (+97.8%), from €6,233 to €12,330
of which Trade receivables: +€5,905
- Deferred charges and accrued income +€5,323
new in 2025: €5,323
- Cash -€2,199
down €2,199 (-9.3%), from €23,641 to €21,441
mainly Tax, wage and social debts (-€12,766) and Receivables within one year (-€6,097)
- Other debts +€14,508
up €14,508 (+692%), from €2,097 to €16,605
- Tax, wage and social debts -€12,766
down €12,766 (-78.4%), from €16,293 to €3,527
- Trade debts +€4,839
up €4,839 (+72.5%), from €6,676 to €11,515
- Reserves +€2,900
up €2,900 (+100%), from €2,900 to €5,800
- Other operating charges -€450
down €450 (-57.5%), from €783 to €333
- Financial charges +€320
up €320 (+1,830%), from €18 to €338
- Taxes +€307
up €307 (+19.0%), from €1,610 to €1,917
- Gross operating margin +€149
up €149 (+2.8%), from €5,398 to €5,548
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 | €29,874 | €39,095 | +€9,221 | +30.9% |
| Current assets | 29/58 | €29,874 | €39,095 | +€9,221 | +30.9% |
| Amounts receivable within one year | 40/41 | €6,233 | €12,330 | +€6,097 | +97.8% |
| Trade receivables | 40 | €6,233 | €12,138 | +€5,905 | +94.7% |
| Other amounts receivable | 41 | - | €192 | +€192 | |
| Cash at bank and in hand | 54/58 | €23,641 | €21,441 | -€2,199 | -9.3% |
| Deferred charges and accrued income | 490/1 | - | €5,323 | +€5,323 | |
| Total equity and liabilities | 10/49 | €29,874 | €39,095 | +€9,221 | +30.9% |
| Equity | 10/15 | €4,488 | €7,448 | +€2,960 | +66.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €2,900 | €5,800 | +€2,900 | +100% |
| Distributable reserves | 133 | €2,900 | €5,800 | +€2,900 | +100% |
| Profit (loss) carried forward | 14 | €88 | €148 | +€60 | +68.2% |
| Amounts payable | 17/49 | €25,386 | €31,647 | +€6,261 | +24.7% |
| Amounts payable within one year | 42/48 | €25,386 | €31,647 | +€6,261 | +24.7% |
| Financial debts | 43 | €320 | €0 | -€320 | -100% |
| Credit institutions | 430/8 | €320 | - | -€320 | |
| Other loans | 439 | - | €0 | = | |
| Trade debts | 44 | €6,676 | €11,515 | +€4,839 | +72.5% |
| Suppliers | 440/4 | €6,676 | €11,515 | +€4,839 | +72.5% |
| Taxes, remuneration and social security | 45 | €16,293 | €3,527 | -€12,766 | -78.4% |
| Taxes | 450/3 | €16,293 | €3,527 | -€12,766 | -78.4% |
| Other amounts payable | 47/48 | €2,097 | €16,605 | +€14,508 | +692% |
| Other operating charges | 640/8 | €783 | €333 | -€450 | -57.5% |
| Gross operating margin | 9900 | €5,398 | €5,548 | +€149 | +2.8% |
| Operating profit (loss) | 9901 | €4,616 | €5,215 | +€599 | +13.0% |
| Financial charges | 65/66B | €18 | €338 | +€320 | +1,830% |
| Recurring financial charges | 65 | €18 | €338 | +€320 | +1,830% |
| Profit (loss) for the period before taxes | 9903 | €4,598 | €4,877 | +€278 | +6.1% |
| Income taxes | 67/77 | €1,610 | €1,917 | +€307 | +19.0% |
| Profit (loss) for the period | 9904 | €2,988 | €2,960 | -€28 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,988 | €2,960 | -€28 | -0.9% |
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 15 October 2026 via checked.be.