Cloud ICT Services: 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.
Cloud ICT Services
Largest movements
- Receivables after one year +€25,000
up €25,000 (+89.3%), from €28,000 to €53,000
- Current investments +€15,000
new in 2024: €15,000
- Cash -€14,521
down €14,521 (-29.2%), from €49,735 to €35,214
mainly Receivables after one year (-€25,000) and Current investments (-€15,000)
- Receivables within one year +€1,884
up €1,884 (+5.8%), from €32,303 to €34,187
of which Other amounts receivable: +€5,718
- Tangible fixed assets +€1,638
up €1,638 (+7.3%), from €22,361 to €23,999
- Reserves +€33,804
up €33,804 (+28.4%), from €118,869 to €152,674
- Tax, wage and social debts -€4,516
down €4,516 (-70.6%), from €6,396 to €1,880
of which Taxes: -€4,586
- Gross operating margin -€5,062
down €5,062 (-8.7%), from €57,993 to €52,931
- Depreciation -€4,646
down €4,646 (-36.9%), from €12,599 to €7,953
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.
Derived cash bridge
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 | €133,676 | €161,865 | +€28,189 | +21.1% |
| Fixed assets | 21/28 | €22,361 | €23,999 | +€1,638 | +7.3% |
| Tangible fixed assets | 22/27 | €22,361 | €23,999 | +€1,638 | +7.3% |
| Furniture and vehicles | 24 | €22,361 | €23,999 | +€1,638 | +7.3% |
| Current assets | 29/58 | €111,315 | €137,866 | +€26,551 | +23.9% |
| Amounts receivable after more than one year | 29 | €28,000 | €53,000 | +€25,000 | +89.3% |
| Other amounts receivable | 291 | €28,000 | €53,000 | +€25,000 | +89.3% |
| Amounts receivable within one year | 40/41 | €32,303 | €34,187 | +€1,884 | +5.8% |
| Trade receivables | 40 | €20,350 | €16,517 | -€3,834 | -18.8% |
| Other amounts receivable | 41 | €11,952 | €17,670 | +€5,718 | +47.8% |
| Current investments | 50/53 | - | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €49,735 | €35,214 | -€14,521 | -29.2% |
| Deferred charges and accrued income | 490/1 | €1,278 | €466 | -€812 | -63.6% |
| Total equity and liabilities | 10/49 | €133,676 | €161,865 | +€28,189 | +21.1% |
| Equity | 10/15 | €123,869 | €157,674 | +€33,804 | +27.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €118,869 | €152,674 | +€33,804 | +28.4% |
| Distributable reserves | 133 | €118,869 | €152,674 | +€33,804 | +28.4% |
| Amounts payable | 17/49 | €9,807 | €4,192 | -€5,615 | -57.3% |
| Amounts payable within one year | 42/48 | €9,807 | €4,192 | -€5,615 | -57.3% |
| Trade debts | 44 | €3,411 | €2,311 | -€1,099 | -32.2% |
| Suppliers | 440/4 | €3,411 | €2,311 | -€1,099 | -32.2% |
| Taxes, remuneration and social security | 45 | €6,396 | €1,880 | -€4,516 | -70.6% |
| Taxes | 450/3 | €6,396 | €1,810 | -€4,586 | -71.7% |
| Remuneration and social security | 454/9 | - | €70 | +€70 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,599 | €7,953 | -€4,646 | -36.9% |
| Other operating charges | 640/8 | €949 | €1,251 | +€302 | +31.8% |
| Gross operating margin | 9900 | €57,993 | €52,931 | -€5,062 | -8.7% |
| Operating profit (loss) | 9901 | €44,446 | €43,727 | -€719 | -1.6% |
| Financial charges | 65/66B | €204 | €80 | -€124 | -60.8% |
| Recurring financial charges | 65 | €204 | €80 | -€124 | -60.8% |
| Profit (loss) for the period before taxes | 9903 | €44,242 | €43,647 | -€595 | -1.3% |
| Income taxes | 67/77 | €9,864 | €9,843 | -€21 | -0.2% |
| Profit (loss) for the period | 9904 | €34,378 | €33,804 | -€574 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,378 | €33,804 | -€574 | -1.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.