IMPULS: 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.
IMPULS
Largest movements
- Receivables within one year -€312,125
down €312,125 (-28.5%), from €1.1m to €782,851
of which Trade receivables: -€343,931
- Cash +€94,860
up €94,860 (+23.3%), from €407,831 to €502,691
mainly Receivables within one year (+€312,125) and Net result for the year (+€300,316)
- Financial fixed assets -€38,333
down €38,333 (-100.0%), from €38,333 to €0
- Other debts -€345,000
down €345,000 (-48.7%), from €709,022 to €364,022
- Trade debts +€53,852
up €53,852 (+10.3%), from €520,858 to €574,709
- Tax, wage and social debts +€40,336
up €40,336 (+20.2%), from €199,473 to €239,810
of which Remuneration and social security: +€24,398
- Gross operating margin -€218,373
down €218,373 (-13.1%), from €1.7m to €1.4m
- Staff costs +€119,567
up €119,567 (+12.1%), from €984,872 to €1.1m
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 | €1,581,475 | €1,330,979 | -€250,496 | -15.8% |
| Fixed assets | 21/28 | €68,777 | €26,191 | -€42,587 | -61.9% |
| Tangible fixed assets | 22/27 | €30,444 | €26,191 | -€4,254 | -14.0% |
| Plant, machinery and equipment | 23 | €4,611 | €13,231 | +€8,620 | +186.9% |
| Furniture and vehicles | 24 | €23,710 | €12,960 | -€10,750 | -45.3% |
| Leasing and similar rights | 25 | €2,124 | €0 | -€2,124 | -100.0% |
| Financial fixed assets | 28 | €38,333 | €0 | -€38,333 | -100.0% |
| Current assets | 29/58 | €1,512,698 | €1,304,789 | -€207,909 | -13.7% |
| Amounts receivable within one year | 40/41 | €1,094,977 | €782,851 | -€312,125 | -28.5% |
| Trade receivables | 40 | €1,094,463 | €750,532 | -€343,931 | -31.4% |
| Other amounts receivable | 41 | €514 | €32,319 | +€31,806 | +6192.5% |
| Current investments | 50/53 | €29 | €0 | -€29 | -100.0% |
| Cash at bank and in hand | 54/58 | €407,831 | €502,691 | +€94,860 | +23.3% |
| Deferred charges and accrued income | 490/1 | €9,861 | €19,247 | +€9,385 | +95.2% |
| Total equity and liabilities | 10/49 | €1,581,475 | €1,330,979 | -€250,496 | -15.8% |
| Equity | 10/15 | €152,122 | €152,439 | +€316 | +0.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €133,572 | €133,889 | +€316 | +0.2% |
| Distributable reserves | 133 | €133,572 | €133,889 | +€316 | +0.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,429,353 | €1,178,541 | -€250,812 | -17.5% |
| Amounts payable within one year | 42/48 | €1,429,353 | €1,178,541 | -€250,812 | -17.5% |
| Trade debts | 44 | €520,858 | €574,709 | +€53,852 | +10.3% |
| Suppliers | 440/4 | €520,858 | €574,709 | +€53,852 | +10.3% |
| Taxes, remuneration and social security | 45 | €199,473 | €239,810 | +€40,336 | +20.2% |
| Taxes | 450/3 | €33,599 | €49,537 | +€15,938 | +47.4% |
| Remuneration and social security | 454/9 | €165,875 | €190,273 | +€24,398 | +14.7% |
| Other amounts payable | 47/48 | €709,022 | €364,022 | -€345,000 | -48.7% |
| Non-recurring operating income | 76A | €6,006 | €0 | -€6,006 | -100.0% |
| Remuneration, social security and pensions | 62 | €984,872 | €1,104,438 | +€119,567 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,768 | €18,898 | -€870 | -4.4% |
| Other operating charges | 640/8 | €3,302 | €7,810 | +€4,508 | +136.5% |
| Gross operating margin | 9900 | €1,664,234 | €1,445,861 | -€218,373 | -13.1% |
| Operating profit (loss) | 9901 | €656,291 | €314,714 | -€341,577 | -52.0% |
| Financial income | 75/76B | €757 | €1,868 | +€1,111 | +146.8% |
| Recurring financial income | 75 | €757 | €1,868 | +€1,111 | +146.8% |
| Financial charges | 65/66B | €6,115 | €9,359 | +€3,244 | +53.1% |
| Recurring financial charges | 65 | €6,115 | €9,359 | +€3,244 | +53.1% |
| Profit (loss) for the period before taxes | 9903 | €650,933 | €307,223 | -€343,710 | -52.8% |
| Income taxes | 67/77 | €5,630 | €6,907 | +€1,277 | +22.7% |
| Profit (loss) for the period | 9904 | €645,303 | €300,316 | -€344,987 | -53.5% |
| Profit (loss) for the period to be appropriated | 9905 | €645,303 | €300,316 | -€344,987 | -53.5% |
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.