Impct: 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.
Impct
Largest movements
- Receivables within one year -€164,132
down €164,132 (-87.1%), from €188,429 to €24,297
of which Other amounts receivable: -€174,216
- Tangible fixed assets -€18,706
down €18,706 (-36.5%), from €51,282 to €32,575
of which Furniture and vehicles: -€15,413
- Deferred charges and accrued income +€3,839
up €3,839 (+4684.9%), from €82 to €3,921
- Cash -€3,324
down €3,324 (-8.2%), from €40,716 to €37,392
mainly Other debts (-€117,079) and Advances received (-€31,460)
- Other debts -€117,079
down €117,079 (-57.7%), from €202,759 to €85,680
- Advances received -€31,460
down €31,460 (-100.0%), from €31,460 to €0
- Profit (loss) carried forward -€26,457
down €26,457, from €0 to -€26,457
- Current portion of long-term debt -€9,924
down €9,924 (-100.0%), from €9,924 to €0
- Gross operating margin -€299,539
down €299,539, from €298,402 to -€1,138
- Taxes -€62,468
down €62,468 (-99.8%), from €62,600 to €132
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 | €280,509 | €98,185 | -€182,323 | -65.0% |
| Fixed assets | 21/28 | €51,282 | €32,575 | -€18,706 | -36.5% |
| Tangible fixed assets | 22/27 | €51,282 | €32,575 | -€18,706 | -36.5% |
| Plant, machinery and equipment | 23 | €10,358 | €9,865 | -€493 | -4.8% |
| Furniture and vehicles | 24 | €27,085 | €11,672 | -€15,413 | -56.9% |
| Other tangible fixed assets | 26 | €13,839 | €11,039 | -€2,800 | -20.2% |
| Current assets | 29/58 | €229,227 | €65,610 | -€163,617 | -71.4% |
| Amounts receivable within one year | 40/41 | €188,429 | €24,297 | -€164,132 | -87.1% |
| Trade receivables | 40 | - | €10,083 | +€10,083 | |
| Other amounts receivable | 41 | €188,429 | €14,213 | -€174,216 | -92.5% |
| Cash at bank and in hand | 54/58 | €40,716 | €37,392 | -€3,324 | -8.2% |
| Deferred charges and accrued income | 490/1 | €82 | €3,921 | +€3,839 | +4684.9% |
| Total equity and liabilities | 10/49 | €280,509 | €98,185 | -€182,323 | -65.0% |
| Equity | 10/15 | €32,721 | €6,263 | -€26,457 | -80.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,121 | €14,121 | = | 0.0% |
| Distributable reserves | 133 | €14,121 | €14,121 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€26,457 | -€26,457 | |
| Amounts payable | 17/49 | €247,788 | €91,922 | -€155,866 | -62.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €247,788 | €91,922 | -€155,866 | -62.9% |
| Current portion of amounts payable after more than one year | 42 | €9,924 | €0 | -€9,924 | -100.0% |
| Trade debts | 44 | €2,100 | €3,956 | +€1,856 | +88.4% |
| Suppliers | 440/4 | €2,100 | €3,956 | +€1,856 | +88.4% |
| Advances received on contracts in progress | 46 | €31,460 | €0 | -€31,460 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,545 | €2,286 | +€741 | +47.9% |
| Taxes | 450/3 | €1,545 | €2,286 | +€741 | +47.9% |
| Other amounts payable | 47/48 | €202,759 | €85,680 | -€117,079 | -57.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €2,412 | €453 | -€1,959 | -81.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,896 | €25,912 | -€2,984 | -10.3% |
| Other operating charges | 640/8 | €1,148 | €585 | -€562 | -49.0% |
| Gross operating margin | 9900 | €298,402 | -€1,138 | -€299,539 | |
| Operating profit (loss) | 9901 | €265,946 | -€28,088 | -€294,035 | |
| Financial income | 75/76B | €388 | €2,473 | +€2,085 | +537.5% |
| Recurring financial income | 75 | €388 | €2,473 | +€2,085 | +537.5% |
| Financial charges | 65/66B | €975 | €710 | -€265 | -27.2% |
| Recurring financial charges | 65 | €975 | €710 | -€265 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €265,359 | -€26,325 | -€291,685 | |
| Income taxes | 67/77 | €62,600 | €132 | -€62,468 | -99.8% |
| Profit (loss) for the period | 9904 | €202,759 | -€26,457 | -€229,217 | |
| Profit (loss) for the period to be appropriated | 9905 | €202,759 | -€26,457 | -€229,217 |
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 3 October 2026 via checked.be.