NEW IMPULSION: 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.
NEW IMPULSION
Largest movements
- Current investments +€72,949
up €72,949 (+91.0%), from €80,122 to €153,071
- Cash -€60,820
down €60,820 (-50.9%), from €119,563 to €58,743
mainly Current investments (-€72,949) and Receivables within one year (-€21,870)
- Receivables within one year +€21,870
up €21,870 (+228.2%), from €9,583 to €31,453
of which Trade receivables: +€23,506
- Reserves +€20,000
up €20,000 (+24.9%), from €80,359 to €100,359
of which Distributable reserves: +€20,000
- Trade debts +€11,506
up €11,506 (+90.3%), from €12,743 to €24,249
- Other debts +€3,841
up €3,841 (+5.3%), from €72,837 to €76,678
- Turnover +€32,896
up €32,896 (+39.6%), from €83,113 to €116,009
- Purchases and services +€19,993
up €19,993 (+32.6%), from €61,320 to €81,313
- Gross operating margin +€12,998
up €12,998 (+59.6%), from €21,793 to €34,791
- Taxes +€4,692
up €4,692 (+98.4%), from €4,767 to €9,459
- Financial charges -€1,827
down €1,827 (-25.8%), from €7,085 to €5,258
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 | €214,810 | €249,920 | +€35,110 | +16.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €5,542 | €6,652 | +€1,110 | +20.0% |
| Tangible fixed assets | 22/27 | €0 | €1,110 | +€1,110 | |
| Furniture and vehicles | 24 | €0 | €1,110 | +€1,110 | |
| Financial fixed assets | 28 | €5,542 | €5,542 | = | 0.0% |
| Current assets | 29/58 | €209,268 | €243,268 | +€34,000 | +16.2% |
| Amounts receivable within one year | 40/41 | €9,583 | €31,453 | +€21,870 | +228.2% |
| Trade receivables | 40 | €7,876 | €31,382 | +€23,506 | +298.5% |
| Other amounts receivable | 41 | €1,708 | €72 | -€1,636 | -95.8% |
| Current investments | 50/53 | €80,122 | €153,071 | +€72,949 | +91.0% |
| Cash at bank and in hand | 54/58 | €119,563 | €58,743 | -€60,820 | -50.9% |
| Total equity and liabilities | 10/49 | €214,810 | €249,920 | +€35,110 | +16.3% |
| Equity | 10/15 | €126,445 | €146,721 | +€20,276 | +16.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Outside capital | 11 | €18,592 | - | -€18,592 | |
| Other | 1109/19 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €80,359 | €100,359 | +€20,000 | +24.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €78,500 | €98,500 | +€20,000 | +25.5% |
| Profit (loss) carried forward | 14 | €27,494 | €27,770 | +€276 | +1.0% |
| Amounts payable | 17/49 | €88,365 | €103,199 | +€14,834 | +16.8% |
| Amounts payable within one year | 42/48 | €88,365 | €103,199 | +€14,834 | +16.8% |
| Trade debts | 44 | €12,743 | €24,249 | +€11,506 | +90.3% |
| Suppliers | 440/4 | €12,743 | €24,249 | +€11,506 | +90.3% |
| Taxes, remuneration and social security | 45 | €2,785 | €2,272 | -€513 | -18.4% |
| Taxes | 450/3 | €2,785 | €2,272 | -€513 | -18.4% |
| Other amounts payable | 47/48 | €72,837 | €76,678 | +€3,841 | +5.3% |
| Turnover | 70 | €83,113 | €116,009 | +€32,896 | +39.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €61,320 | €81,313 | +€19,993 | +32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €32 | +€32 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €333 | - | -€333 | |
| Other operating charges | 640/8 | €472 | €547 | +€74 | +15.8% |
| Gross operating margin | 9900 | €21,793 | €34,791 | +€12,998 | +59.6% |
| Operating profit (loss) | 9901 | €20,988 | €34,212 | +€13,224 | +63.0% |
| Financial income | 75/76B | €888 | €781 | -€108 | -12.1% |
| Recurring financial income | 75 | €888 | €781 | -€108 | -12.1% |
| Financial charges | 65/66B | €7,085 | €5,258 | -€1,827 | -25.8% |
| Recurring financial charges | 65 | €7,085 | €5,258 | -€1,827 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €14,791 | €29,735 | +€14,943 | +101.0% |
| Income taxes | 67/77 | €4,767 | €9,459 | +€4,692 | +98.4% |
| Profit (loss) for the period | 9904 | €10,024 | €20,276 | +€10,251 | +102.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,024 | €20,276 | +€10,251 | +102.3% |
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 7 October 2026 via checked.be.