P. Van Impe: 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.
P. Van Impe
Largest movements
- Cash +€181,245
up €181,245 (+27485.9%), from €659 to €181,904
mainly Net result for the year (+€77,862) and Receivables within one year (+€77,176)
- Receivables within one year -€77,176
down €77,176 (-24.7%), from €311,901 to €234,725
of which Trade receivables: -€57,498
- Tangible fixed assets +€9,164
up €9,164 (+2386.6%), from €384 to €9,548
of which Furniture and vehicles: +€9,164
- Tax, wage and social debts +€59,170
up €59,170 (+183.6%), from €32,225 to €91,395
of which Taxes: +€56,370
- Other debts +€45,965
up €45,965 (+4104.1%), from €1,120 to €47,085
- Reserves +€21,862
up €21,862 (+15.2%), from €144,187 to €166,050
of which Distributable reserves: +€21,862
- Trade debts -€7,405
down €7,405 (-83.5%), from €8,866 to €1,461
- Short-term financial debts -€6,271
down €6,271 (-100.0%), from €6,271 to €0
- Gross operating margin +€96,375
up €96,375 (+219.2%), from €43,966 to €140,341
- Taxes +€26,989
up €26,989 (+175.0%), from €15,425 to €42,414
- Other operating charges +€20,658
up €20,658 (+1421.2%), from €1,454 to €22,112
- Financial income +€5,051
up €5,051 (+578.9%), from €873 to €5,924
- Depreciation +€1,540
up €1,540, from €0 to €1,540
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €494,015 | €607,336 | +€113,321 | +22.9% |
| Fixed assets | 21/28 | €181,141 | €190,305 | +€9,164 | +5.1% |
| Tangible fixed assets | 22/27 | €384 | €9,548 | +€9,164 | +2386.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | -€0 | -100.0% |
| Furniture and vehicles | 24 | €384 | €9,548 | +€9,164 | +2386.7% |
| Financial fixed assets | 28 | €180,757 | €180,757 | = | 0.0% |
| Current assets | 29/58 | €312,873 | €417,031 | +€104,158 | +33.3% |
| Amounts receivable within one year | 40/41 | €311,901 | €234,725 | -€77,176 | -24.7% |
| Trade receivables | 40 | €187,381 | €129,883 | -€57,498 | -30.7% |
| Other amounts receivable | 41 | €124,520 | €104,842 | -€19,678 | -15.8% |
| Cash at bank and in hand | 54/58 | €659 | €181,904 | +€181,245 | +27485.9% |
| Deferred charges and accrued income | 490/1 | €313 | €402 | +€89 | +28.5% |
| Total equity and liabilities | 10/49 | €494,015 | €607,336 | +€113,321 | +22.9% |
| Equity | 10/15 | €445,182 | €467,045 | +€21,862 | +4.9% |
| Contributions | 10/11 | €240,208 | €240,208 | = | 0.0% |
| Reserves | 13 | €144,187 | €166,050 | +€21,862 | +15.2% |
| Non-distributable reserves | 130/1 | €25,762 | €25,762 | = | 0.0% |
| Reserves not available under the articles | 1311 | €25,762 | €25,762 | = | 0.0% |
| Distributable reserves | 133 | €118,426 | €140,288 | +€21,862 | +18.5% |
| Profit (loss) carried forward | 14 | €60,787 | €60,787 | = | 0.0% |
| Amounts payable | 17/49 | €48,832 | €140,291 | +€91,459 | +187.3% |
| Amounts payable within one year | 42/48 | €48,482 | €139,941 | +€91,459 | +188.6% |
| Financial debts | 43 | €6,271 | €0 | -€6,271 | -100.0% |
| Credit institutions | 430/8 | €6,271 | €0 | -€6,271 | -100.0% |
| Trade debts | 44 | €8,866 | €1,461 | -€7,405 | -83.5% |
| Suppliers | 440/4 | €8,866 | €1,461 | -€7,405 | -83.5% |
| Taxes, remuneration and social security | 45 | €32,225 | €91,395 | +€59,170 | +183.6% |
| Taxes | 450/3 | €32,225 | €88,595 | +€56,370 | +174.9% |
| Remuneration and social security | 454/9 | - | €2,800 | +€2,800 | |
| Other amounts payable | 47/48 | €1,120 | €47,085 | +€45,965 | +4104.1% |
| Accrued charges and deferred income | 492/3 | €350 | €350 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €1,540 | +€1,540 | |
| Other operating charges | 640/8 | €1,454 | €22,112 | +€20,658 | +1421.2% |
| Gross operating margin | 9900 | €43,966 | €140,341 | +€96,375 | +219.2% |
| Operating profit (loss) | 9901 | €42,513 | €116,689 | +€74,177 | +174.5% |
| Financial income | 75/76B | €873 | €5,924 | +€5,051 | +578.9% |
| Recurring financial income | 75 | €873 | €5,924 | +€5,051 | +578.9% |
| Financial charges | 65/66B | €1,587 | €2,336 | +€750 | +47.3% |
| Recurring financial charges | 65 | €1,587 | €2,336 | +€750 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | €41,799 | €120,277 | +€78,478 | +187.8% |
| Income taxes | 67/77 | €15,425 | €42,414 | +€26,989 | +175.0% |
| Profit (loss) for the period | 9904 | €26,373 | €77,862 | +€51,489 | +195.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,373 | €77,862 | +€51,489 | +195.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.