Impulse Holding: 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.
Impulse Holding
Largest movements
- Cash -€5,316
down €5,316 (-93.9%), from €5,659 to €342
mainly Debts after one year (-€32,931) and Deferred charges and accrued income (-€193)
- Debts after one year -€32,931
down €32,931 (-38.2%), from €86,266 to €53,335
- Other debts +€19,263
up €19,263 (+19.9%), from €96,586 to €115,849
- Trade debts +€3,860
up €3,860 (+29.1%), from €13,246 to €17,107
- Gross operating margin -€21,567
down €21,567, from €11,160 to -€10,406
- Financial income +€15,193
new in 2025: €15,193
- Taxes -€1,518
no longer reported in 2025 (was €1,518)
- Financial charges -€943
down €943 (-30.7%), from €3,070 to €2,127
- Other operating charges -€449
down €449 (-90.0%), from €499 to €50
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 | €332,605 | €326,062 | -€6,544 | -2.0% |
| Fixed assets | 21/28 | €315,103 | €315,103 | = | 0.0% |
| Financial fixed assets | 28 | €315,103 | €315,103 | = | 0.0% |
| Current assets | 29/58 | €17,502 | €10,959 | -€6,544 | -37.4% |
| Amounts receivable within one year | 40/41 | €11,844 | €10,424 | -€1,420 | -12.0% |
| Trade receivables | 40 | €5,970 | €3,500 | -€2,470 | -41.4% |
| Other amounts receivable | 41 | €5,874 | €6,924 | +€1,050 | +17.9% |
| Cash at bank and in hand | 54/58 | €5,659 | €342 | -€5,316 | -93.9% |
| Deferred charges and accrued income | 490/1 | - | €193 | +€193 | |
| Total equity and liabilities | 10/49 | €332,605 | €326,062 | -€6,544 | -2.0% |
| Equity | 10/15 | €101,393 | €104,002 | +€2,609 | +2.6% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €11,393 | €14,002 | +€2,609 | +22.9% |
| Distributable reserves | 133 | €11,393 | €14,002 | +€2,609 | +22.9% |
| Amounts payable | 17/49 | €231,212 | €222,059 | -€9,153 | -4.0% |
| Amounts payable after more than one year | 17 | €86,266 | €53,335 | -€32,931 | -38.2% |
| Financial debts | 170/4 | €86,266 | €53,335 | -€32,931 | -38.2% |
| Amounts payable within one year | 42/48 | €144,947 | €168,724 | +€23,778 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €32,359 | €32,931 | +€572 | +1.8% |
| Trade debts | 44 | €13,246 | €17,107 | +€3,860 | +29.1% |
| Suppliers | 440/4 | €13,246 | €17,107 | +€3,860 | +29.1% |
| Taxes, remuneration and social security | 45 | €2,756 | €2,838 | +€83 | +3.0% |
| Taxes | 450/3 | €2,756 | €2,838 | +€83 | +3.0% |
| Other amounts payable | 47/48 | €96,586 | €115,849 | +€19,263 | +19.9% |
| Other operating charges | 640/8 | €499 | €50 | -€449 | -90.0% |
| Gross operating margin | 9900 | €11,160 | -€10,406 | -€21,567 | |
| Operating profit (loss) | 9901 | €10,661 | -€10,456 | -€21,117 | |
| Financial income | 75/76B | - | €15,193 | +€15,193 | |
| Recurring financial income | 75 | - | €15,193 | +€15,193 | |
| Financial charges | 65/66B | €3,070 | €2,127 | -€943 | -30.7% |
| Recurring financial charges | 65 | €3,070 | €2,127 | -€943 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €7,591 | €2,609 | -€4,982 | -65.6% |
| Income taxes | 67/77 | €1,518 | - | -€1,518 | |
| Profit (loss) for the period | 9904 | €6,073 | €2,609 | -€3,464 | -57.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,073 | €2,609 | -€3,464 | -57.0% |
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 19 October 2026 via checked.be.