IMPULS MEDIA: what changed
Two financial 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 MEDIA
Largest movements
- Receivables within one year -€129,794
down €129,794 (-26.3%), from €494,360 to €364,566
of which Other amounts receivable: -€157,866
- Cash +€34,804
up €34,804 (+54.6%), from €63,696 to €98,500
mainly Receivables within one year (+€129,794) and Trade debts (+€78,743)
- Intangible fixed assets -€13,000
down €13,000 (-50.0%), from €26,000 to €13,000
- Contributions -€147,990
down €147,990 (-80.0%), from €185,100 to €37,110
- Trade debts +€78,743
up €78,743 (+28.7%), from €274,311 to €353,055
- Tax, wage and social debts -€65,658
down €65,658 (-56.5%), from €116,123 to €50,465
of which Taxes: -€65,071
- Other debts +€37,650
new in 2025: €37,650
- Reserves -€18,510
down €18,510 (-24.2%), from €76,564 to €58,054
of which Non-distributable reserves: -€18,510
- Gross operating margin -€34,641
down €34,641 (-17.2%), from €201,019 to €166,379
- Depreciation -€22,819
down €22,819 (-53.7%), from €42,459 to €19,640
- Taxes -€5,209
down €5,209 (-38.4%), from €13,557 to €8,348
- Financial income -€3,244
down €3,244 (-56.7%), from €5,723 to €2,479
- Financial charges -€3,225
down €3,225 (-20.5%), from €15,739 to €12,514
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.
Derived cash bridge
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 | €895,788 | €783,756 | -€112,033 | -12.5% |
| Fixed assets | 21/28 | €337,733 | €320,690 | -€17,043 | -5.0% |
| Intangible fixed assets | 21 | €26,000 | €13,000 | -€13,000 | -50.0% |
| Tangible fixed assets | 22/27 | €11,733 | €7,690 | -€4,043 | -34.5% |
| Land and buildings | 22 | €84 | - | -€84 | |
| Plant, machinery and equipment | 23 | €6,443 | €5,230 | -€1,213 | -18.8% |
| Furniture and vehicles | 24 | €5,207 | €2,460 | -€2,746 | -52.7% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €558,056 | €463,066 | -€94,990 | -17.0% |
| Amounts receivable within one year | 40/41 | €494,360 | €364,566 | -€129,794 | -26.3% |
| Trade receivables | 40 | €301,907 | €329,979 | +€28,072 | +9.3% |
| Other amounts receivable | 41 | €192,453 | €34,587 | -€157,866 | -82.0% |
| Cash at bank and in hand | 54/58 | €63,696 | €98,500 | +€34,804 | +54.6% |
| Total equity and liabilities | 10/49 | €895,788 | €783,756 | -€112,033 | -12.5% |
| Equity | 10/15 | €425,181 | €269,575 | -€155,606 | -36.6% |
| Contributions | 10/11 | €185,100 | €37,110 | -€147,990 | -80.0% |
| Capital | 10 | €185,100 | - | -€185,100 | |
| Issued capital | 100 | €185,100 | - | -€185,100 | |
| Reserves | 13 | €76,564 | €58,054 | -€18,510 | -24.2% |
| Non-distributable reserves | 130/1 | €18,510 | - | -€18,510 | |
| Legal reserve | 130 | €18,510 | - | -€18,510 | |
| Distributable reserves | 133 | €58,054 | €58,054 | = | 0.0% |
| Profit (loss) carried forward | 14 | €163,517 | €174,411 | +€10,894 | +6.7% |
| Amounts payable | 17/49 | €470,607 | €514,181 | +€43,573 | +9.3% |
| Amounts payable after more than one year | 17 | €3,011 | - | -€3,011 | |
| Financial debts | 170/4 | €3,011 | - | -€3,011 | |
| Amounts payable within one year | 42/48 | €467,596 | €514,181 | +€46,584 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €12,162 | €3,011 | -€9,152 | -75.2% |
| Financial debts | 43 | €65,000 | €70,000 | +€5,000 | +7.7% |
| Credit institutions | 430/8 | €65,000 | €70,000 | +€5,000 | +7.7% |
| Trade debts | 44 | €274,311 | €353,055 | +€78,743 | +28.7% |
| Suppliers | 440/4 | €274,311 | €353,055 | +€78,743 | +28.7% |
| Taxes, remuneration and social security | 45 | €116,123 | €50,465 | -€65,658 | -56.5% |
| Taxes | 450/3 | €96,588 | €31,517 | -€65,071 | -67.4% |
| Remuneration and social security | 454/9 | €19,535 | €18,948 | -€587 | -3.0% |
| Other amounts payable | 47/48 | - | €37,650 | +€37,650 | |
| Remuneration, social security and pensions | 62 | €68,082 | €68,573 | +€491 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,459 | €19,640 | -€22,819 | -53.7% |
| Other operating charges | 640/8 | €50,727 | €48,889 | -€1,838 | -3.6% |
| Gross operating margin | 9900 | €201,019 | €166,379 | -€34,641 | -17.2% |
| Operating profit (loss) | 9901 | €39,752 | €29,276 | -€10,475 | -26.4% |
| Financial income | 75/76B | €5,723 | €2,479 | -€3,244 | -56.7% |
| Recurring financial income | 75 | €5,723 | €2,479 | -€3,244 | -56.7% |
| Financial charges | 65/66B | €15,739 | €12,514 | -€3,225 | -20.5% |
| Recurring financial charges | 65 | €15,739 | €12,514 | -€3,225 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €29,736 | €19,242 | -€10,494 | -35.3% |
| Income taxes | 67/77 | €13,557 | €8,348 | -€5,209 | -38.4% |
| Profit (loss) for the period | 9904 | €16,179 | €10,894 | -€5,285 | -32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,179 | €10,894 | -€5,285 | -32.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.