Implicity: 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.
Implicity
Largest movements
- Deferred charges and accrued income +€2,073
up €2,073 (+362.7%), from €572 to €2,645
- Cash +€2,004
up €2,004 (+12.0%), from €16,725 to €18,729
mainly Net result for the year (+€22,224) and Other debts (+€10,000)
- Tangible fixed assets -€1,616
down €1,616 (-35.8%), from €4,509 to €2,892
- Receivables within one year -€550
down €550 (-2.0%), from €27,912 to €27,362
of which Trade receivables: -€502
- Other debts +€10,000
new in 2025: €10,000
- Reserves -€7,776
down €7,776 (-37.1%), from €20,946 to €13,170
- Tax, wage and social debts -€3,870
down €3,870 (-18.0%), from €21,476 to €17,607
- Trade debts +€3,557
up €3,557 (+154.9%), from €2,296 to €5,852
- Gross operating margin +€10,843
up €10,843 (+53.0%), from €20,473 to €31,316
- Taxes +€1,922
up €1,922 (+39.3%), from €4,895 to €6,816
- Depreciation +€494
up €494 (+44.0%), from €1,122 to €1,616
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 | €49,718 | €51,629 | +€1,911 | +3.8% |
| Fixed assets | 21/28 | €4,509 | €2,892 | -€1,616 | -35.8% |
| Tangible fixed assets | 22/27 | €4,509 | €2,892 | -€1,616 | -35.8% |
| Furniture and vehicles | 24 | €4,509 | €2,892 | -€1,616 | -35.8% |
| Current assets | 29/58 | €45,209 | €48,737 | +€3,527 | +7.8% |
| Amounts receivable within one year | 40/41 | €27,912 | €27,362 | -€550 | -2.0% |
| Trade receivables | 40 | €27,783 | €27,281 | -€502 | -1.8% |
| Other amounts receivable | 41 | €129 | €81 | -€48 | -37.3% |
| Cash at bank and in hand | 54/58 | €16,725 | €18,729 | +€2,004 | +12.0% |
| Deferred charges and accrued income | 490/1 | €572 | €2,645 | +€2,073 | +362.7% |
| Total equity and liabilities | 10/49 | €49,718 | €51,629 | +€1,911 | +3.8% |
| Equity | 10/15 | €25,946 | €18,170 | -€7,776 | -30.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,946 | €13,170 | -€7,776 | -37.1% |
| Distributable reserves | 133 | €20,946 | €13,170 | -€7,776 | -37.1% |
| Amounts payable | 17/49 | €23,772 | €33,459 | +€9,687 | +40.7% |
| Amounts payable within one year | 42/48 | €23,772 | €33,459 | +€9,687 | +40.7% |
| Trade debts | 44 | €2,296 | €5,852 | +€3,557 | +154.9% |
| Suppliers | 440/4 | €2,296 | €5,852 | +€3,557 | +154.9% |
| Taxes, remuneration and social security | 45 | €21,476 | €17,607 | -€3,870 | -18.0% |
| Taxes | 450/3 | €21,476 | €17,607 | -€3,870 | -18.0% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,122 | €1,616 | +€494 | +44.0% |
| Other operating charges | 640/8 | €564 | €579 | +€15 | +2.6% |
| Gross operating margin | 9900 | €20,473 | €31,316 | +€10,843 | +53.0% |
| Operating profit (loss) | 9901 | €18,786 | €29,121 | +€10,334 | +55.0% |
| Financial charges | 65/66B | €76 | €80 | +€4 | +4.9% |
| Recurring financial charges | 65 | €76 | €80 | +€4 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €18,710 | €29,040 | +€10,331 | +55.2% |
| Income taxes | 67/77 | €4,895 | €6,816 | +€1,922 | +39.3% |
| Profit (loss) for the period | 9904 | €13,815 | €22,224 | +€8,409 | +60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,815 | €22,224 | +€8,409 | +60.9% |
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.