I.V.V.: 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.
I.V.V.
Largest movements
- Tangible fixed assets -€10,159
down €10,159 (-1.6%), from €624,156 to €613,997
of which Land and buildings: -€10,160
- Profit (loss) carried forward -€10,380
down €10,380 (-30.2%), from -€34,342 to -€44,722
- Gross operating margin -€5,293
down €5,293, from €5,073 to -€220
- Purchases and services +€3,743
up €3,743 (+103%), from €3,627 to €7,370
- Turnover -€1,550
down €1,550 (-17.8%), from €8,700 to €7,150
- Financial income -€364
no longer reported in 2022 (was €364)
of which Financial income: -€364
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €836,697 | €826,168 | -€10,529 | -1.3% |
| Fixed assets | 21/28 | €624,156 | €613,997 | -€10,159 | -1.6% |
| Tangible fixed assets | 22/27 | €624,156 | €613,997 | -€10,159 | -1.6% |
| Land and buildings | 22 | €621,840 | €611,680 | -€10,160 | -1.6% |
| Plant, machinery and equipment | 23 | €1,288 | €1,288 | = | 0.0% |
| Furniture and vehicles | 24 | €1,028 | €1,029 | +€1 | +0.1% |
| Current assets | 29/58 | €212,541 | €212,171 | -€370 | -0.2% |
| Amounts receivable after more than one year | 29 | €209,583 | €209,583 | = | 0.0% |
| Other amounts receivable | 291 | €209,583 | €209,583 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €470 | €100 | -€370 | -78.7% |
| Deferred charges and accrued income | 490/1 | €2,488 | €2,488 | = | 0.0% |
| Total equity and liabilities | 10/49 | €836,697 | €826,168 | -€10,529 | -1.3% |
| Equity | 10/15 | €754,929 | €744,549 | -€10,380 | -1.4% |
| Contributions | 10/11 | €274,368 | €274,368 | = | 0.0% |
| Capital | 10 | €274,368 | €274,368 | = | 0.0% |
| Issued capital | 100 | €274,368 | €274,368 | = | 0.0% |
| Revaluation surpluses | 12 | €311,350 | €311,350 | = | 0.0% |
| Reserves | 13 | €203,553 | €203,553 | = | 0.0% |
| Non-distributable reserves | 130/1 | €203,553 | €12,946 | -€190,607 | -93.6% |
| Legal reserve | 130 | €203,553 | €12,946 | -€190,607 | -93.6% |
| Distributable reserves | 133 | - | €190,607 | +€190,607 | |
| Profit (loss) carried forward | 14 | -€34,342 | -€44,722 | -€10,380 | -30.2% |
| Provisions and deferred taxes | 16 | €15,000 | €15,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €15,000 | €15,000 | = | 0.0% |
| Taxes | 161 | - | €15,000 | +€15,000 | |
| Major repairs and maintenance | 162 | €15,000 | - | -€15,000 | |
| Amounts payable | 17/49 | €66,768 | €66,619 | -€149 | -0.2% |
| Amounts payable after more than one year | 17 | €56,350 | €56,350 | = | 0.0% |
| Financial debts | 170/4 | €56,350 | €56,350 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,418 | €10,269 | -€149 | -1.4% |
| Taxes, remuneration and social security | 45 | €6,648 | €6,649 | +€1 | 0.0% |
| Taxes | 450/3 | €6,648 | €6,649 | +€1 | 0.0% |
| Other amounts payable | 47/48 | €3,770 | €3,620 | -€150 | -4.0% |
| Turnover | 70 | €8,700 | €7,150 | -€1,550 | -17.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,627 | €7,370 | +€3,743 | +103% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,160 | €10,160 | = | 0.0% |
| Gross operating margin | 9900 | €5,073 | -€220 | -€5,293 | |
| Operating profit (loss) | 9901 | -€5,087 | -€10,380 | -€5,293 | -104% |
| Financial income | 75/76B | €364 | - | -€364 | |
| Recurring financial income | 75 | €364 | - | -€364 | |
| Non-recurring financial income | 76B | €364 | - | -€364 | |
| Financial charges | 65/66B | €58 | - | -€58 | |
| Recurring financial charges | 65 | €58 | - | -€58 | |
| Profit (loss) for the period before taxes | 9903 | -€4,781 | -€10,380 | -€5,599 | -117% |
| Profit (loss) for the period | 9904 | -€4,781 | -€10,380 | -€5,599 | -117% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,781 | -€10,380 | -€5,599 | -117% |
Source: filed annual accounts (NBB), financial years ended 30 June 2021 and 30 June 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.