I & P Partners: what changed
What changed
I & P Partners
NACE 71.111, Activities of building architects
filed annual accounts (NBB)
Net result for the year
-€74,539
2023 · €52,728-€127,268
Equity
€190,363
2023 · €264,903-€74,539
Cash
€66,874
2023 · €86,248-€19,374
Balance sheet total
€821,100
2023 · €716,336+€104,764
Largest movements
Assets
- Stocks and contracts +€474,273
new in 2024: €474,273
- Receivables within one year -€369,629
down €369,629 (-72.4%), from €510,550 to €140,921
of which Trade receivables: -€327,937
- Tangible fixed assets +€19,494
up €19,494 (+16.5%), from €118,249 to €137,742
- Cash -€19,374
down €19,374 (-22.5%), from €86,248 to €66,874
mainly Stocks and contracts (-€474,273) and Trade debts (-€251,619)
Equity and liabilities
- Debts after one year +€272,143
up €272,143 (+868%), from €31,355 to €303,497
- Trade debts -€251,619
down €251,619 (-74.7%), from €336,623 to €85,004
- Other debts +€133,170
up €133,170 (+188%), from €70,822 to €203,992
- Profit (loss) carried forward -€74,539
down €74,539 (-30.5%), from €244,448 to €169,908
- Current portion of long-term debt +€16,446
new in 2024: €16,446
Income statement
- Turnover +€394,121
up €394,121 (+18.8%), from €2.1m to €2.5m
- Purchases and services +€387,394
up €387,394 (+20.2%), from €1.9m to €2.3m
- Staff costs +€101,419
up €101,419 (+140%), from €72,447 to €173,866
- Gross operating margin +€34,241
up €34,241 (+19.0%), from €180,208 to €214,448
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€52,728
Gross operating margin
+€34,241
Staff costs
-€101,419
Depreciation
-€8,599
Other operating charges
-€1,160
Other operating items
-€23,800
Financial income
-€109
Financial charges
-€1,985
Taxes
-€24,437
Result 2024
-€74,539
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€238,408
Investment
-€69,554
Financing
+€288,589
Cash 2023
€86,248
From operations (derived)
-€238,408
Net result for the year
-€74,539
Depreciation
+€50,060
Stocks and contracts
-€474,273
Receivables within one year
+€369,629
Trade debts
-€251,619
Tax, wage and social debts
+€9,164
Other debts
+€133,170
Investment (derived)
-€69,554
Investment in fixed assets (net)
-€69,554
Financing
+€288,589
Debts after one year
+€272,143
Current portion of long-term debt
+€16,446
Cash 2024
€66,874
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €716,336 | €821,100 | +€104,764 | +14.6% |
| Fixed assets | 21/28 | €119,539 | €139,032 | +€19,494 | +16.3% |
| Tangible fixed assets | 22/27 | €118,249 | €137,742 | +€19,494 | +16.5% |
| Furniture and vehicles | 24 | €118,249 | €137,742 | +€19,494 | +16.5% |
| Financial fixed assets | 28 | €1,290 | €1,290 | = | 0.0% |
| Current assets | 29/58 | €596,797 | €682,068 | +€85,271 | +14.3% |
| Stocks and contracts in progress | 3 | - | €474,273 | +€474,273 | |
| Stocks | 30/36 | - | €474,273 | +€474,273 | |
| Amounts receivable within one year | 40/41 | €510,550 | €140,921 | -€369,629 | -72.4% |
| Trade receivables | 40 | €426,880 | €98,942 | -€327,937 | -76.8% |
| Other amounts receivable | 41 | €83,670 | €41,978 | -€41,692 | -49.8% |
| Cash at bank and in hand | 54/58 | €86,248 | €66,874 | -€19,374 | -22.5% |
| Total equity and liabilities | 10/49 | €716,336 | €821,100 | +€104,764 | +14.6% |
| Equity | 10/15 | €264,903 | €190,363 | -€74,539 | -28.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €244,448 | €169,908 | -€74,539 | -30.5% |
| Amounts payable | 17/49 | €451,433 | €630,737 | +€179,304 | +39.7% |
| Amounts payable after more than one year | 17 | €31,355 | €303,497 | +€272,143 | +868% |
| Financial debts | 170/4 | €31,355 | €303,497 | +€272,143 | +868% |
| Amounts payable within one year | 42/48 | €420,079 | €327,240 | -€92,839 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | - | €16,446 | +€16,446 | |
| Trade debts | 44 | €336,623 | €85,004 | -€251,619 | -74.7% |
| Suppliers | 440/4 | €336,623 | €85,004 | -€251,619 | -74.7% |
| Taxes, remuneration and social security | 45 | €12,634 | €21,798 | +€9,164 | +72.5% |
| Taxes | 450/3 | €94 | - | -€94 | |
| Remuneration and social security | 454/9 | €12,540 | €21,798 | +€9,258 | +73.8% |
| Other amounts payable | 47/48 | €70,822 | €203,992 | +€133,170 | +188% |
| Turnover | 70 | €2,098,871 | €2,492,992 | +€394,121 | +18.8% |
| Non-recurring operating income | 76A | - | €21,560 | +€21,560 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,920,424 | €2,307,818 | +€387,394 | +20.2% |
| Remuneration, social security and pensions | 62 | €72,447 | €173,866 | +€101,419 | +140% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,462 | €50,060 | +€8,599 | +20.7% |
| Other operating charges | 640/8 | €1,577 | €2,737 | +€1,160 | +73.6% |
| Non-recurring operating charges | 66A | - | €23,800 | +€23,800 | |
| Gross operating margin | 9900 | €180,208 | €214,448 | +€34,241 | +19.0% |
| Operating profit (loss) | 9901 | €64,722 | -€36,015 | -€100,737 | |
| Financial income | 75/76B | €279 | €170 | -€109 | -39.0% |
| Recurring financial income | 75 | €279 | €170 | -€109 | -39.0% |
| Financial charges | 65/66B | €2,273 | €4,258 | +€1,985 | +87.4% |
| Recurring financial charges | 65 | €2,273 | €4,008 | +€1,735 | +76.4% |
| Non-recurring financial charges | 66B | - | €250 | +€250 | |
| Profit (loss) for the period before taxes | 9903 | €62,728 | -€40,103 | -€102,831 | |
| Income taxes | 67/77 | €10,000 | €34,437 | +€24,437 | +244% |
| Profit (loss) for the period | 9904 | €52,728 | -€74,539 | -€127,268 | |
| Profit (loss) for the period to be appropriated | 9905 | €52,728 | -€74,539 | -€127,268 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.