IMPULS FACTORY: 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 FACTORY
Largest movements
- Tangible fixed assets -€81,954
down €81,954 (-6.2%), from €1.3m to €1.2m
of which Other tangible fixed assets: -€53,985
- Cash -€34,269
down €34,269 (-76.7%), from €44,656 to €10,387
mainly Contributions, distributions and other (-€89,888) and Debts after one year (-€86,935)
- Debts after one year -€86,935
down €86,935 (-13.6%), from €640,377 to €553,442
- Other debts +€73,976
up €73,976 (+133.8%), from €55,286 to €129,262
- Tax, wage and social debts -€55,623
down €55,623 (-95.3%), from €58,346 to €2,723
- Reserves -€30,631
down €30,631 (-8.5%), from €362,353 to €331,722
- Trade debts -€23,061
down €23,061 (-50.5%), from €45,641 to €22,580
- Gross operating margin +€30,878
up €30,878 (+17.2%), from €179,434 to €210,312
- Financial charges -€3,701
down €3,701 (-14.6%), from €25,337 to €21,636
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 | €1,413,510 | €1,290,569 | -€122,940 | -8.7% |
| Fixed assets | 21/28 | €1,333,063 | €1,251,108 | -€81,954 | -6.1% |
| Tangible fixed assets | 22/27 | €1,331,613 | €1,249,658 | -€81,954 | -6.2% |
| Land and buildings | 22 | €1,055,756 | €1,032,115 | -€23,641 | -2.2% |
| Plant, machinery and equipment | 23 | €9,055 | €5,638 | -€3,417 | -37.7% |
| Furniture and vehicles | 24 | €2,347 | €1,436 | -€911 | -38.8% |
| Other tangible fixed assets | 26 | €264,455 | €210,470 | -€53,985 | -20.4% |
| Financial fixed assets | 28 | €1,450 | €1,450 | = | 0.0% |
| Current assets | 29/58 | €80,447 | €39,461 | -€40,986 | -50.9% |
| Amounts receivable within one year | 40/41 | €32,636 | €28,321 | -€4,315 | -13.2% |
| Trade receivables | 40 | €29,616 | €176 | -€29,440 | -99.4% |
| Other amounts receivable | 41 | €3,021 | €28,145 | +€25,124 | +831.7% |
| Cash at bank and in hand | 54/58 | €44,656 | €10,387 | -€34,269 | -76.7% |
| Deferred charges and accrued income | 490/1 | €3,155 | €753 | -€2,402 | -76.1% |
| Total equity and liabilities | 10/49 | €1,413,510 | €1,290,569 | -€122,940 | -8.7% |
| Equity | 10/15 | €483,961 | €453,329 | -€30,631 | -6.3% |
| Contributions | 10/11 | €121,608 | €121,608 | = | 0.0% |
| Reserves | 13 | €362,353 | €331,722 | -€30,631 | -8.5% |
| Distributable reserves | 133 | €362,353 | €331,722 | -€30,631 | -8.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €929,549 | €837,240 | -€92,309 | -9.9% |
| Amounts payable after more than one year | 17 | €640,377 | €553,442 | -€86,935 | -13.6% |
| Financial debts | 170/4 | €640,377 | €553,442 | -€86,935 | -13.6% |
| Amounts payable within one year | 42/48 | €289,172 | €283,798 | -€5,374 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €84,895 | €86,935 | +€2,040 | +2.4% |
| Financial debts | 43 | €0 | €0 | = | |
| Credit institutions | 430/8 | €0 | €0 | = | |
| Trade debts | 44 | €45,641 | €22,580 | -€23,061 | -50.5% |
| Suppliers | 440/4 | €45,641 | €22,580 | -€23,061 | -50.5% |
| Advances received on contracts in progress | 46 | €45,004 | €42,298 | -€2,705 | -6.0% |
| Taxes, remuneration and social security | 45 | €58,346 | €2,723 | -€55,623 | -95.3% |
| Taxes | 450/3 | €58,346 | €2,723 | -€55,623 | -95.3% |
| Other amounts payable | 47/48 | €55,286 | €129,262 | +€73,976 | +133.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,022 | €88,204 | +€1,182 | +1.4% |
| Other operating charges | 640/8 | €12,785 | €12,260 | -€525 | -4.1% |
| Gross operating margin | 9900 | €179,434 | €210,312 | +€30,878 | +17.2% |
| Operating profit (loss) | 9901 | €79,627 | €109,848 | +€30,221 | +38.0% |
| Financial income | 75/76B | €44 | €0 | -€44 | -100.0% |
| Recurring financial income | 75 | €44 | €0 | -€44 | -100.0% |
| Financial charges | 65/66B | €25,337 | €21,636 | -€3,701 | -14.6% |
| Recurring financial charges | 65 | €25,337 | €21,636 | -€3,701 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €54,334 | €88,212 | +€33,879 | +62.4% |
| Income taxes | 67/77 | €30,115 | €28,955 | -€1,160 | -3.9% |
| Profit (loss) for the period | 9904 | €24,219 | €59,257 | +€35,038 | +144.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,219 | €59,257 | +€35,038 | +144.7% |
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 4 October 2026 via checked.be.