Shaping Impact Group: 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.
Shaping Impact Group
Largest movements
- Receivables within one year -€44,012
down €44,012 (-43.1%), from €102,205 to €58,193
of which Trade receivables: -€42,978
- Cash -€43,781
down €43,781 (-47.2%), from €92,853 to €49,072
mainly Net result for the year (-€42,635) and Current investments (-€22,250)
- Current investments +€22,250
new in 2025: €22,250
- Financial fixed assets +€5,505
up €5,505 (+3.4%), from €162,880 to €168,385
- Profit (loss) carried forward -€64,885
down €64,885, from €51,942 to -€12,943
- Reserves +€22,250
up €22,250 (+272%), from €8,184 to €30,434
- Trade debts -€16,326
down €16,326 (-14.2%), from €114,802 to €98,476
- Tax, wage and social debts -€3,819
down €3,819 (-7.1%), from €53,472 to €49,653
of which Taxes: -€3,131
- Gross operating margin -€157,566
down €157,566 (-36.7%), from €429,554 to €271,988
- Staff costs -€92,037
down €92,037 (-25.9%), from €355,683 to €263,646
- Other operating charges +€14,644
up €14,644 (+48.5%), from €30,186 to €44,830
- Taxes +€5,023
up €5,023, from €0 to €5,023
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 | €365,150 | €302,371 | -€62,778 | -17.2% |
| Fixed assets | 21/28 | €164,065 | €168,658 | +€4,593 | +2.8% |
| Tangible fixed assets | 22/27 | €1,185 | €274 | -€912 | -76.9% |
| Plant, machinery and equipment | 23 | €1,185 | €274 | -€912 | -76.9% |
| Financial fixed assets | 28 | €162,880 | €168,385 | +€5,505 | +3.4% |
| Current assets | 29/58 | €201,085 | €133,713 | -€67,371 | -33.5% |
| Amounts receivable within one year | 40/41 | €102,205 | €58,193 | -€44,012 | -43.1% |
| Trade receivables | 40 | €97,425 | €54,447 | -€42,978 | -44.1% |
| Other amounts receivable | 41 | €4,780 | €3,746 | -€1,034 | -21.6% |
| Current investments | 50/53 | - | €22,250 | +€22,250 | |
| Cash at bank and in hand | 54/58 | €92,853 | €49,072 | -€43,781 | -47.2% |
| Deferred charges and accrued income | 490/1 | €6,027 | €4,198 | -€1,829 | -30.3% |
| Total equity and liabilities | 10/49 | €365,150 | €302,371 | -€62,778 | -17.2% |
| Equity | 10/15 | €154,376 | €111,742 | -€42,633 | -27.6% |
| Contributions | 10/11 | €94,250 | €94,252 | +€2 | 0.0% |
| Capital | 10 | €94,250 | €94,252 | +€2 | 0.0% |
| Issued capital | 100 | €94,252 | €94,252 | = | 0.0% |
| Uncalled capital | 101 | €2 | €0 | -€2 | -100% |
| Reserves | 13 | €8,184 | €30,434 | +€22,250 | +272% |
| Non-distributable reserves | 130/1 | €8,184 | €30,434 | +€22,250 | +272% |
| Legal reserve | 130 | €8,184 | €8,184 | = | 0.0% |
| Own shares acquired | 1312 | - | €22,250 | +€22,250 | |
| Profit (loss) carried forward | 14 | €51,942 | -€12,943 | -€64,885 | |
| Amounts payable | 17/49 | €210,774 | €190,629 | -€20,145 | -9.6% |
| Amounts payable after more than one year | 17 | €42,500 | €42,500 | = | 0.0% |
| Other amounts payable | 178/9 | €42,500 | €42,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €168,274 | €148,129 | -€20,145 | -12.0% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €114,802 | €98,476 | -€16,326 | -14.2% |
| Suppliers | 440/4 | €114,802 | €98,476 | -€16,326 | -14.2% |
| Taxes, remuneration and social security | 45 | €53,472 | €49,653 | -€3,819 | -7.1% |
| Taxes | 450/3 | €26,669 | €23,537 | -€3,131 | -11.7% |
| Remuneration and social security | 454/9 | €26,804 | €26,116 | -€688 | -2.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €355,683 | €263,646 | -€92,037 | -25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,123 | €912 | -€1,211 | -57.1% |
| Other operating charges | 640/8 | €30,186 | €44,830 | +€14,644 | +48.5% |
| Non-recurring operating charges | 66A | €988 | €0 | -€988 | -100% |
| Gross operating margin | 9900 | €429,554 | €271,988 | -€157,566 | -36.7% |
| Operating profit (loss) | 9901 | €40,573 | -€37,400 | -€77,973 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €898 | €212 | -€687 | -76.4% |
| Recurring financial charges | 65 | €898 | €212 | -€687 | -76.4% |
| Profit (loss) for the period before taxes | 9903 | €39,675 | -€37,612 | -€77,287 | |
| Income taxes | 67/77 | €0 | €5,023 | +€5,023 | |
| Profit (loss) for the period | 9904 | €39,675 | -€42,635 | -€82,310 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,675 | -€42,635 | -€82,310 |
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 23 October 2026 via checked.be.