IMPOT CIBLE: 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.
IMPOT CIBLE
Largest movements
- Cash +€47,871
up €47,871 (+58.3%), from €82,062 to €129,933
mainly Trade debts (+€83,807) and Net result for the year (+€21,599)
- Receivables within one year +€42,579
up €42,579 (+41.7%), from €102,214 to €144,793
of which Trade receivables: +€45,791
- Tangible fixed assets +€5,584
up €5,584 (+405.0%), from €1,379 to €6,963
- Financial fixed assets +€4,500
new in 2025: €4,500
- Trade debts +€83,807
up €83,807 (+151.7%), from €55,250 to €139,057
- Profit (loss) carried forward +€21,599
up €21,599 (+29.5%), from €73,128 to €94,727
- Tax, wage and social debts -€3,386
down €3,386 (-11.1%), from €30,642 to €27,256
of which Taxes: -€9,795
- Staff costs +€24,595
up €24,595 (+15.5%), from €158,170 to €182,766
- Gross operating margin +€23,665
up €23,665 (+11.7%), from €202,475 to €226,140
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 | €185,655 | €287,815 | +€102,160 | +55.0% |
| Fixed assets | 21/28 | €1,379 | €11,463 | +€10,084 | +731.4% |
| Tangible fixed assets | 22/27 | €1,379 | €6,963 | +€5,584 | +405.0% |
| Plant, machinery and equipment | 23 | €1,379 | €6,963 | +€5,584 | +405.0% |
| Financial fixed assets | 28 | - | €4,500 | +€4,500 | |
| Current assets | 29/58 | €184,276 | €276,352 | +€92,076 | +50.0% |
| Amounts receivable within one year | 40/41 | €102,214 | €144,793 | +€42,579 | +41.7% |
| Trade receivables | 40 | €96,943 | €142,734 | +€45,791 | +47.2% |
| Other amounts receivable | 41 | €5,271 | €2,059 | -€3,212 | -60.9% |
| Cash at bank and in hand | 54/58 | €82,062 | €129,933 | +€47,871 | +58.3% |
| Deferred charges and accrued income | 490/1 | - | €1,626 | +€1,626 | |
| Total equity and liabilities | 10/49 | €185,655 | €287,815 | +€102,160 | +55.0% |
| Equity | 10/15 | €99,763 | €121,362 | +€21,599 | +21.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,035 | €8,035 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,175 | €6,175 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,128 | €94,727 | +€21,599 | +29.5% |
| Amounts payable | 17/49 | €85,892 | €166,453 | +€80,561 | +93.8% |
| Amounts payable within one year | 42/48 | €85,892 | €166,313 | +€80,421 | +93.6% |
| Trade debts | 44 | €55,250 | €139,057 | +€83,807 | +151.7% |
| Suppliers | 440/4 | €55,250 | €139,057 | +€83,807 | +151.7% |
| Taxes, remuneration and social security | 45 | €30,642 | €27,256 | -€3,386 | -11.1% |
| Taxes | 450/3 | €12,525 | €2,730 | -€9,795 | -78.2% |
| Remuneration and social security | 454/9 | €18,117 | €24,525 | +€6,409 | +35.4% |
| Accrued charges and deferred income | 492/3 | - | €140 | +€140 | |
| Remuneration, social security and pensions | 62 | €158,170 | €182,766 | +€24,595 | +15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €350 | €920 | +€570 | +162.9% |
| Other operating charges | 640/8 | €13,527 | €14,009 | +€482 | +3.6% |
| Gross operating margin | 9900 | €202,475 | €226,140 | +€23,665 | +11.7% |
| Operating profit (loss) | 9901 | €30,428 | €28,445 | -€1,983 | -6.5% |
| Financial income | 75/76B | €3 | €1,725 | +€1,722 | +51859.6% |
| Recurring financial income | 75 | €3 | €1,725 | +€1,722 | +51859.6% |
| Financial charges | 65/66B | €389 | €631 | +€242 | +62.3% |
| Recurring financial charges | 65 | €389 | €631 | +€242 | +62.3% |
| Profit (loss) for the period before taxes | 9903 | €30,043 | €29,540 | -€503 | -1.7% |
| Income taxes | 67/77 | €9,294 | €7,941 | -€1,354 | -14.6% |
| Profit (loss) for the period | 9904 | €20,748 | €21,599 | +€851 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,748 | €21,599 | +€851 | +4.1% |
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 5 October 2026 via checked.be.