Impaqtory: 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.
Impaqtory
Largest movements
- Receivables within one year +€23,266
up €23,266 (+49.5%), from €46,998 to €70,264
of which Other amounts receivable: +€21,191
- Receivables after one year +€20,240
up €20,240 (+50.6%), from €40,000 to €60,240
- Cash -€9,836
down €9,836 (-21.3%), from €46,283 to €36,447
mainly Receivables within one year (-€23,266) and Tax, wage and social debts (-€22,172)
- Tangible fixed assets -€9,799
down €9,799 (-5.2%), from €187,350 to €177,551
of which Land and buildings: -€11,168
- Deferred charges and accrued income +€4,800
up €4,800 (+557%), from €862 to €5,662
- Reserves +€63,636
up €63,636 (+55.3%), from €115,177 to €178,813
- Tax, wage and social debts -€22,172
down €22,172 (-43.4%), from €51,121 to €28,949
- Trade debts -€8,909
down €8,909 (-73.3%), from €12,163 to €3,254
- Debts after one year -€5,197
down €5,197 (-3.9%), from €131,688 to €126,491
- Gross operating margin -€7,638
down €7,638 (-6.6%), from €115,218 to €107,580
- Taxes -€1,574
down €1,574 (-5.8%), from €26,960 to €25,386
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 | €321,493 | €350,164 | +€28,671 | +8.9% |
| Fixed assets | 21/28 | €187,350 | €177,551 | -€9,799 | -5.2% |
| Tangible fixed assets | 22/27 | €187,350 | €177,551 | -€9,799 | -5.2% |
| Land and buildings | 22 | €186,829 | €175,661 | -€11,168 | -6.0% |
| Furniture and vehicles | 24 | €522 | €1,890 | +€1,369 | +262% |
| Current assets | 29/58 | €134,143 | €172,613 | +€38,470 | +28.7% |
| Amounts receivable after more than one year | 29 | €40,000 | €60,240 | +€20,240 | +50.6% |
| Other amounts receivable | 291 | €40,000 | €60,240 | +€20,240 | +50.6% |
| Amounts receivable within one year | 40/41 | €46,998 | €70,264 | +€23,266 | +49.5% |
| Trade receivables | 40 | €32,208 | €34,283 | +€2,075 | +6.4% |
| Other amounts receivable | 41 | €14,790 | €35,981 | +€21,191 | +143% |
| Cash at bank and in hand | 54/58 | €46,283 | €36,447 | -€9,836 | -21.3% |
| Deferred charges and accrued income | 490/1 | €862 | €5,662 | +€4,800 | +557% |
| Total equity and liabilities | 10/49 | €321,493 | €350,164 | +€28,671 | +8.9% |
| Equity | 10/15 | €120,177 | €183,813 | +€63,636 | +53.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €115,177 | €178,813 | +€63,636 | +55.3% |
| Distributable reserves | 133 | €115,177 | €178,813 | +€63,636 | +55.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €201,316 | €166,351 | -€34,965 | -17.4% |
| Amounts payable after more than one year | 17 | €131,688 | €126,491 | -€5,197 | -3.9% |
| Financial debts | 170/4 | €131,688 | €126,491 | -€5,197 | -3.9% |
| Amounts payable within one year | 42/48 | €69,628 | €39,860 | -€29,768 | -42.8% |
| Current portion of amounts payable after more than one year | 42 | €4,967 | €5,197 | +€229 | +4.6% |
| Financial debts | 43 | €544 | €1,628 | +€1,083 | +199% |
| Credit institutions | 430/8 | €544 | €1,628 | +€1,083 | +199% |
| Trade debts | 44 | €12,163 | €3,254 | -€8,909 | -73.3% |
| Suppliers | 440/4 | €12,163 | €3,254 | -€8,909 | -73.3% |
| Taxes, remuneration and social security | 45 | €51,121 | €28,949 | -€22,172 | -43.4% |
| Taxes | 450/3 | €51,121 | €28,949 | -€22,172 | -43.4% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,413 | €11,335 | +€922 | +8.9% |
| Other operating charges | 640/8 | €387 | €35 | -€352 | -91.0% |
| Gross operating margin | 9900 | €115,218 | €107,580 | -€7,638 | -6.6% |
| Operating profit (loss) | 9901 | €104,418 | €96,210 | -€8,207 | -7.9% |
| Financial income | 75/76B | - | €1,136 | +€1,136 | |
| Recurring financial income | 75 | - | €1,136 | +€1,136 | |
| Financial charges | 65/66B | €6,751 | €7,492 | +€740 | +11.0% |
| Recurring financial charges | 65 | €6,751 | €7,492 | +€740 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €97,666 | €89,854 | -€7,812 | -8.0% |
| Income taxes | 67/77 | €26,960 | €25,386 | -€1,574 | -5.8% |
| Profit (loss) for the period | 9904 | €70,707 | €64,469 | -€6,238 | -8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €70,707 | €64,469 | -€6,238 | -8.8% |
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 23 October 2026 via checked.be.