WORLD 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.
WORLD IMPACT
Largest movements
- Cash -€674,435
down €674,435 (-43.2%), from €1.6m to €888,370
mainly Other debts (-€482,000) and Net result for the year (-€60,576)
- Tangible fixed assets +€31,685
up €31,685 (+864%), from €3,665 to €35,351
of which Other tangible fixed assets: +€32,148
- Receivables within one year +€21,686
up €21,686 (+8.2%), from €264,851 to €286,536
of which Other amounts receivable: +€22,026
- Other debts -€482,000
down €482,000 (-32.8%), from €1.5m to €986,000
- Profit (loss) carried forward -€60,576
new in 2025: -€60,576
- Advances received -€47,484
down €47,484 (-73.0%), from €65,071 to €17,587
- Trade debts -€31,004
down €31,004 (-29.3%), from €105,794 to €74,789
- Gross operating margin -€245,007
down €245,007, from €198,789 to -€46,218
- Taxes -€81,936
no longer reported in 2025 (was €81,936)
- Financial charges +€13,747
up €13,747 (+346%), from €3,975 to €17,723
- Financial income -€3,551
down €3,551 (-36.0%), from €9,863 to €6,312
- Depreciation -€3,289
down €3,289 (-63.8%), from €5,156 to €1,867
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 | €2,004,684 | €1,383,620 | -€621,064 | -31.0% |
| Fixed assets | 21/28 | €4,878 | €36,563 | +€31,685 | +650% |
| Tangible fixed assets | 22/27 | €3,665 | €35,351 | +€31,685 | +864% |
| Furniture and vehicles | 24 | €3,665 | €3,202 | -€463 | -12.6% |
| Other tangible fixed assets | 26 | - | €32,148 | +€32,148 | |
| Financial fixed assets | 28 | €1,213 | €1,213 | = | 0.0% |
| Current assets | 29/58 | €1,999,807 | €1,347,057 | -€652,750 | -32.6% |
| Amounts receivable within one year | 40/41 | €264,851 | €286,536 | +€21,686 | +8.2% |
| Trade receivables | 40 | €13,623 | €13,282 | -€341 | -2.5% |
| Other amounts receivable | 41 | €251,228 | €273,254 | +€22,026 | +8.8% |
| Current investments | 50/53 | €172,150 | €172,150 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,562,806 | €888,370 | -€674,435 | -43.2% |
| Total equity and liabilities | 10/49 | €2,004,684 | €1,383,620 | -€621,064 | -31.0% |
| Equity | 10/15 | €340,863 | €280,287 | -€60,576 | -17.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €322,263 | €322,263 | = | 0.0% |
| Non-distributable reserves | 130/1 | €930 | €930 | = | 0.0% |
| Reserves not available under the articles | 1311 | €930 | €930 | = | 0.0% |
| Distributable reserves | 133 | €321,333 | €321,333 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€60,576 | -€60,576 | |
| Amounts payable | 17/49 | €1,663,821 | €1,103,333 | -€560,489 | -33.7% |
| Amounts payable within one year | 42/48 | €1,663,821 | €1,103,333 | -€560,489 | -33.7% |
| Trade debts | 44 | €105,794 | €74,789 | -€31,004 | -29.3% |
| Suppliers | 440/4 | €105,794 | €74,789 | -€31,004 | -29.3% |
| Advances received on contracts in progress | 46 | €65,071 | €17,587 | -€47,484 | -73.0% |
| Taxes, remuneration and social security | 45 | €24,957 | €24,957 | = | 0.0% |
| Taxes | 450/3 | €24,957 | €24,957 | = | 0.0% |
| Other amounts payable | 47/48 | €1,468,000 | €986,000 | -€482,000 | -32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,156 | €1,867 | -€3,289 | -63.8% |
| Other operating charges | 640/8 | €1,705 | €1,080 | -€625 | -36.7% |
| Gross operating margin | 9900 | €198,789 | -€46,218 | -€245,007 | |
| Operating profit (loss) | 9901 | €191,927 | -€49,165 | -€241,093 | |
| Financial income | 75/76B | €9,863 | €6,312 | -€3,551 | -36.0% |
| Recurring financial income | 75 | €9,863 | €6,312 | -€3,551 | -36.0% |
| Financial charges | 65/66B | €3,975 | €17,723 | +€13,747 | +346% |
| Recurring financial charges | 65 | €3,975 | €17,723 | +€13,747 | +346% |
| Profit (loss) for the period before taxes | 9903 | €197,815 | -€60,576 | -€258,391 | |
| Income taxes | 67/77 | €81,936 | - | -€81,936 | |
| Profit (loss) for the period | 9904 | €115,879 | -€60,576 | -€176,455 | |
| Profit (loss) for the period to be appropriated | 9905 | €115,879 | -€60,576 | -€176,455 |
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.