L.S. Impact: 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.
L.S. Impact
Largest movements
- Cash -€54,229
down €54,229 (-15.3%), from €353,636 to €299,407
mainly Contributions, distributions and other (-€65,035) and Other debts (-€34,141)
- Tangible fixed assets -€18,347
down €18,347 (-31.5%), from €58,286 to €39,939
of which Plant, machinery and equipment: -€11,227
- Other debts -€34,141
down €34,141 (-38.2%), from €89,444 to €55,303
- Reserves -€30,981
down €30,981 (-11.7%), from €264,088 to €233,107
of which Distributable reserves: -€30,981
- Tax, wage and social debts -€4,673
down €4,673 (-68.9%), from €6,784 to €2,112
- Purchases and services +€24,564
up €24,564 (+16.3%), from €150,829 to €175,393
- Gross operating margin +€14,545
up €14,545 (+25.4%), from €57,172 to €71,717
- Financial income +€4,093
up €4,093 (+7,684%), from €53 to €4,146
- Taxes +€3,738
up €3,738 (+41.7%), from €8,963 to €12,700
- Other operating charges +€2,854
up €2,854 (+97.0%), from €2,941 to €5,795
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 | €425,655 | €357,058 | -€68,597 | -16.1% |
| Fixed assets | 21/28 | €58,286 | €39,939 | -€18,347 | -31.5% |
| Tangible fixed assets | 22/27 | €58,286 | €39,939 | -€18,347 | -31.5% |
| Plant, machinery and equipment | 23 | €32,146 | €20,919 | -€11,227 | -34.9% |
| Furniture and vehicles | 24 | €5,532 | €2,152 | -€3,380 | -61.1% |
| Other tangible fixed assets | 26 | €20,608 | €16,869 | -€3,739 | -18.1% |
| Current assets | 29/58 | €367,370 | €317,119 | -€50,251 | -13.7% |
| Amounts receivable within one year | 40/41 | €9,634 | €13,527 | +€3,893 | +40.4% |
| Trade receivables | 40 | €220 | - | -€220 | |
| Other amounts receivable | 41 | €9,414 | €13,527 | +€4,113 | +43.7% |
| Cash at bank and in hand | 54/58 | €353,636 | €299,407 | -€54,229 | -15.3% |
| Deferred charges and accrued income | 490/1 | €4,100 | €4,185 | +€85 | +2.1% |
| Total equity and liabilities | 10/49 | €425,655 | €357,058 | -€68,597 | -16.1% |
| Equity | 10/15 | €282,688 | €251,707 | -€30,981 | -11.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €264,088 | €233,107 | -€30,981 | -11.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €262,228 | €231,247 | -€30,981 | -11.8% |
| Amounts payable | 17/49 | €142,967 | €105,350 | -€37,617 | -26.3% |
| Amounts payable after more than one year | 17 | €46,000 | €46,000 | = | 0.0% |
| Financial debts | 170/4 | €46,000 | €46,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €96,967 | €59,350 | -€37,617 | -38.8% |
| Trade debts | 44 | €739 | €1,936 | +€1,197 | +162% |
| Suppliers | 440/4 | €739 | €1,936 | +€1,197 | +162% |
| Taxes, remuneration and social security | 45 | €6,784 | €2,112 | -€4,673 | -68.9% |
| Taxes | 450/3 | €6,784 | €2,112 | -€4,673 | -68.9% |
| Other amounts payable | 47/48 | €89,444 | €55,303 | -€34,141 | -38.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €150,829 | €175,393 | +€24,564 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,427 | €22,445 | +€19 | +0.1% |
| Other operating charges | 640/8 | €2,941 | €5,795 | +€2,854 | +97.0% |
| Gross operating margin | 9900 | €57,172 | €71,717 | +€14,545 | +25.4% |
| Operating profit (loss) | 9901 | €31,804 | €43,476 | +€11,673 | +36.7% |
| Financial income | 75/76B | €53 | €4,146 | +€4,093 | +7,684% |
| Recurring financial income | 75 | €53 | €4,146 | +€4,093 | +7,684% |
| Financial charges | 65/66B | -€1,832 | €868 | +€2,700 | |
| Recurring financial charges | 65 | -€1,832 | €868 | +€2,700 | |
| Profit (loss) for the period before taxes | 9903 | €33,689 | €46,754 | +€13,065 | +38.8% |
| Income taxes | 67/77 | €8,963 | €12,700 | +€3,738 | +41.7% |
| Profit (loss) for the period | 9904 | €24,726 | €34,054 | +€9,328 | +37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,726 | €34,054 | +€9,328 | +37.7% |
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 30 October 2026 via checked.be.