IMPULSO: 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.
IMPULSO
Largest movements
- Cash +€66,389
up €66,389 (+111.2%), from €59,676 to €126,064
mainly Net result for the year (+€52,067) and Tax, wage and social debts (+€8,385)
- Receivables within one year -€3,875
down €3,875 (-22.8%), from €17,000 to €13,125
of which Trade receivables: -€6,096
- Tangible fixed assets +€2,077
up €2,077 (+65.6%), from €3,164 to €5,240
of which Other tangible fixed assets: +€2,290
- Reserves +€52,065
up €52,065 (+181.1%), from €28,750 to €80,815
- Tax, wage and social debts +€8,385
up €8,385 (+55.4%), from €15,138 to €23,523
of which Taxes: +€5,785
- Other debts +€2,493
up €2,493 (+8.1%), from €30,930 to €33,423
- Trade debts +€1,655
up €1,655 (+1063.5%), from €156 to €1,811
- Gross operating margin +€31,210
up €31,210 (+85.5%), from €36,508 to €67,718
- Taxes +€6,319
up €6,319 (+86.5%), from €7,302 to €13,621
- Depreciation +€1,399
up €1,399 (+502.4%), from €278 to €1,677
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 | €79,976 | €144,576 | +€64,600 | +80.8% |
| Fixed assets | 21/28 | €3,164 | €5,240 | +€2,077 | +65.6% |
| Tangible fixed assets | 22/27 | €3,164 | €5,240 | +€2,077 | +65.6% |
| Furniture and vehicles | 24 | €3,164 | €2,950 | -€214 | -6.8% |
| Other tangible fixed assets | 26 | - | €2,290 | +€2,290 | |
| Current assets | 29/58 | €76,812 | €139,335 | +€62,523 | +81.4% |
| Amounts receivable within one year | 40/41 | €17,000 | €13,125 | -€3,875 | -22.8% |
| Trade receivables | 40 | €17,000 | €10,904 | -€6,096 | -35.9% |
| Other amounts receivable | 41 | - | €2,221 | +€2,221 | |
| Cash at bank and in hand | 54/58 | €59,676 | €126,064 | +€66,389 | +111.2% |
| Deferred charges and accrued income | 490/1 | €137 | €146 | +€9 | +6.8% |
| Total equity and liabilities | 10/49 | €79,976 | €144,576 | +€64,600 | +80.8% |
| Equity | 10/15 | €33,752 | €85,819 | +€52,067 | +154.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €28,750 | €80,815 | +€52,065 | +181.1% |
| Distributable reserves | 133 | €28,750 | €80,815 | +€52,065 | +181.1% |
| Profit (loss) carried forward | 14 | €2 | €4 | +€2 | +84.1% |
| Amounts payable | 17/49 | €46,224 | €58,757 | +€12,533 | +27.1% |
| Amounts payable within one year | 42/48 | €46,224 | €58,757 | +€12,533 | +27.1% |
| Trade debts | 44 | €156 | €1,811 | +€1,655 | +1063.5% |
| Suppliers | 440/4 | €156 | €1,811 | +€1,655 | +1063.5% |
| Taxes, remuneration and social security | 45 | €15,138 | €23,523 | +€8,385 | +55.4% |
| Taxes | 450/3 | €15,138 | €20,923 | +€5,785 | +38.2% |
| Remuneration and social security | 454/9 | - | €2,600 | +€2,600 | |
| Other amounts payable | 47/48 | €30,930 | €33,423 | +€2,493 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €278 | €1,677 | +€1,399 | +502.4% |
| Other operating charges | 640/8 | - | €236 | +€236 | |
| Gross operating margin | 9900 | €36,508 | €67,718 | +€31,210 | +85.5% |
| Operating profit (loss) | 9901 | €36,229 | €65,805 | +€29,575 | +81.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €175 | €117 | -€59 | -33.4% |
| Recurring financial charges | 65 | €175 | €117 | -€59 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €36,054 | €65,688 | +€29,634 | +82.2% |
| Income taxes | 67/77 | €7,302 | €13,621 | +€6,319 | +86.5% |
| Profit (loss) for the period | 9904 | €28,752 | €52,067 | +€23,315 | +81.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,752 | €52,067 | +€23,315 | +81.1% |
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 8 October 2026 via checked.be.