iNpulse: 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.
iNpulse
Largest movements
- Receivables within one year +€240,773
up €240,773 (+3,457%), from €6,966 to €247,739
of which Other amounts receivable: +€244,739
- Cash +€118,815
up €118,815 (+1,751%), from €6,786 to €125,600
mainly Other debts (+€330,822) and Net result for the year (+€34,370)
- Other debts +€330,822
up €330,822 (+143%), from €231,010 to €561,832
- Profit (loss) carried forward +€34,370
up €34,370, from -€4,696 to €29,674
- Tax, wage and social debts -€15,231
down €15,231 (-81.8%), from €18,615 to €3,385
of which Taxes: -€10,510
- Debts after one year -€8,550
down €8,550 (-4.4%), from €192,417 to €183,867
- Gross operating margin +€98,233
up €98,233 (+196%), from €50,098 to €148,330
- Staff costs +€53,693
up €53,693 (+234%), from €22,975 to €76,668
- Taxes +€9,012
up €9,012 (+324%), from €2,781 to €11,793
- Other operating charges +€7,293
up €7,293 (+1,403%), from €520 to €7,812
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 | €465,512 | €811,118 | +€345,606 | +74.2% |
| Fixed assets | 21/28 | €444,761 | €437,779 | -€6,982 | -1.6% |
| Tangible fixed assets | 22/27 | €277,776 | €270,794 | -€6,982 | -2.5% |
| Land and buildings | 22 | €277,776 | €270,794 | -€6,982 | -2.5% |
| Financial fixed assets | 28 | €166,985 | €166,985 | = | 0.0% |
| Current assets | 29/58 | €20,751 | €373,339 | +€352,588 | +1,699% |
| Amounts receivable within one year | 40/41 | €6,966 | €247,739 | +€240,773 | +3,457% |
| Trade receivables | 40 | €3,966 | - | -€3,966 | |
| Other amounts receivable | 41 | €3,000 | €247,739 | +€244,739 | +8,158% |
| Cash at bank and in hand | 54/58 | €6,786 | €125,600 | +€118,815 | +1,751% |
| Deferred charges and accrued income | 490/1 | €7,000 | - | -€7,000 | |
| Total equity and liabilities | 10/49 | €465,512 | €811,118 | +€345,606 | +74.2% |
| Equity | 10/15 | €13,904 | €48,274 | +€34,370 | +247% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,696 | €29,674 | +€34,370 | |
| Amounts payable | 17/49 | €451,609 | €762,844 | +€311,235 | +68.9% |
| Amounts payable after more than one year | 17 | €192,417 | €183,867 | -€8,550 | -4.4% |
| Financial debts | 170/4 | €192,417 | €183,867 | -€8,550 | -4.4% |
| Amounts payable within one year | 42/48 | €259,191 | €578,977 | +€319,786 | +123% |
| Current portion of amounts payable after more than one year | 42 | €7,673 | €8,550 | +€877 | +11.4% |
| Trade debts | 44 | €1,892 | €5,210 | +€3,317 | +175% |
| Suppliers | 440/4 | €1,892 | €5,210 | +€3,317 | +175% |
| Taxes, remuneration and social security | 45 | €18,615 | €3,385 | -€15,231 | -81.8% |
| Taxes | 450/3 | €13,070 | €2,560 | -€10,510 | -80.4% |
| Remuneration and social security | 454/9 | €5,545 | €825 | -€4,721 | -85.1% |
| Other amounts payable | 47/48 | €231,010 | €561,832 | +€330,822 | +143% |
| Remuneration, social security and pensions | 62 | €22,975 | €76,668 | +€53,693 | +234% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,982 | €6,982 | = | 0.0% |
| Other operating charges | 640/8 | €520 | €7,812 | +€7,293 | +1,403% |
| Gross operating margin | 9900 | €50,098 | €148,330 | +€98,233 | +196% |
| Operating profit (loss) | 9901 | €19,621 | €56,868 | +€37,247 | +190% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €9,682 | €10,704 | +€1,022 | +10.6% |
| Recurring financial charges | 65 | €9,682 | €10,704 | +€1,022 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €9,939 | €46,164 | +€36,225 | +364% |
| Income taxes | 67/77 | €2,781 | €11,793 | +€9,012 | +324% |
| Profit (loss) for the period | 9904 | €7,158 | €34,370 | +€27,213 | +380% |
| Profit (loss) for the period to be appropriated | 9905 | €7,158 | €34,370 | +€27,213 | +380% |
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 15 October 2026 via checked.be.