IMPAXIS: 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.
IMPAXIS
Largest movements
- Receivables within one year +€6.2m
up €6.2m (+61.2%), from €10.2m to €16.4m
- Other debts +€6.1m
up €6.1m (+59.2%), from €10.3m to €16.4m
- Accrued charges and deferred income +€204,592
up €204,592 (+71.8%), from €284,943 to €489,534
- Gross operating margin -€16,114
down €16,114 (-79.2%), from -€20,349 to -€36,463
- Financial income +€15,598
up €15,598 (+4.4%), from €357,500 to €373,098
- Financial charges +€14,136
up €14,136 (+4.3%), from €326,971 to €341,107
- Taxes -€2,482
down €2,482, from €2,482 to -€0
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 | €10,658,564 | €16,955,234 | +€6.3m | +59.1% |
| Current assets | 29/58 | €10,658,564 | €16,955,234 | +€6.3m | +59.1% |
| Amounts receivable within one year | 40/41 | €10,198,269 | €16,436,674 | +€6.2m | +61.2% |
| Other amounts receivable | 41 | €10,198,269 | €16,436,674 | +€6.2m | +61.2% |
| Cash at bank and in hand | 54/58 | €1,819 | €21,120 | +€19,301 | +1,061% |
| Deferred charges and accrued income | 490/1 | €458,476 | €497,440 | +€38,964 | +8.5% |
| Total equity and liabilities | 10/49 | €10,658,564 | €16,955,234 | +€6.3m | +59.1% |
| Equity | 10/15 | €71,140 | €65,700 | -€5,440 | -7.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,640 | €2,200 | -€5,440 | -71.2% |
| Amounts payable | 17/49 | €10,587,424 | €16,889,534 | +€6.3m | +59.5% |
| Amounts payable within one year | 42/48 | €10,302,482 | €16,400,000 | +€6.1m | +59.2% |
| Taxes, remuneration and social security | 45 | €2,482 | - | -€2,482 | |
| Taxes | 450/3 | €2,482 | - | -€2,482 | |
| Other amounts payable | 47/48 | €10,300,000 | €16,400,000 | +€6.1m | +59.2% |
| Accrued charges and deferred income | 492/3 | €284,943 | €489,534 | +€204,592 | +71.8% |
| Other operating charges | 640/8 | €881 | €968 | +€86 | +9.8% |
| Gross operating margin | 9900 | -€20,349 | -€36,463 | -€16,114 | -79.2% |
| Operating profit (loss) | 9901 | -€21,230 | -€37,431 | -€16,201 | -76.3% |
| Financial income | 75/76B | €357,500 | €373,098 | +€15,598 | +4.4% |
| Recurring financial income | 75 | €357,500 | €373,098 | +€15,598 | +4.4% |
| Financial charges | 65/66B | €326,971 | €341,107 | +€14,136 | +4.3% |
| Recurring financial charges | 65 | €326,971 | €341,107 | +€14,136 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €9,299 | -€5,440 | -€14,739 | |
| Income taxes | 67/77 | €2,482 | -€0 | -€2,482 | |
| Profit (loss) for the period | 9904 | €6,817 | -€5,440 | -€12,257 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,817 | -€5,440 | -€12,257 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.