I2M: what changed
Two fiscal 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.
I2M
Largest movements
- Current investments +€22,943
up €22,943 (+8.4%), from €273,565 to €296,508
- Other debts +€12,571
up €12,571 (+46.9%), from €26,788 to €39,359
- Reserves +€11,467
up €11,467 (+4.1%), from €280,887 to €292,354
- Tax, wage and social debts -€3,621
down €3,621 (-24.3%), from €14,907 to €11,286
- Gross operating margin +€2,009
up €2,009 (+3.1%), from €65,490 to €67,499
- Financial income +€1,813
up €1,813 (+109.4%), from €1,658 to €3,471
- Taxes +€1,135
up €1,135 (+7.4%), from €15,266 to €16,401
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.
Cash bridge derived
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 | €333,413 | €353,295 | +€19,883 | +6.0% |
| Fixed assets | 21/28 | €12,286 | €11,912 | -€374 | -3.0% |
| Tangible fixed assets | 22/27 | €12,286 | €11,912 | -€374 | -3.0% |
| Furniture and vehicles | 24 | €10,825 | €10,865 | +€40 | +0.4% |
| Other tangible fixed assets | 26 | €1,460 | €1,046 | -€414 | -28.3% |
| Current assets | 29/58 | €321,127 | €341,384 | +€20,257 | +6.3% |
| Amounts receivable within one year | 40/41 | €22,809 | €20,735 | -€2,074 | -9.1% |
| Trade receivables | 40 | €19,575 | €20,735 | +€1,160 | +5.9% |
| Other amounts receivable | 41 | €3,234 | - | -€3,234 | |
| Current investments | 50/53 | €273,565 | €296,508 | +€22,943 | +8.4% |
| Cash at bank and in hand | 54/58 | €24,753 | €24,141 | -€613 | -2.5% |
| Total equity and liabilities | 10/49 | €333,413 | €353,295 | +€19,883 | +6.0% |
| Equity | 10/15 | €287,087 | €298,554 | +€11,467 | +4.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €280,887 | €292,354 | +€11,467 | +4.1% |
| Distributable reserves | 133 | €280,887 | €292,354 | +€11,467 | +4.1% |
| Amounts payable | 17/49 | €46,326 | €54,741 | +€8,415 | +18.2% |
| Amounts payable within one year | 42/48 | €46,326 | €54,489 | +€8,163 | +17.6% |
| Current portion of amounts payable after more than one year | 42 | €1,112 | - | -€1,112 | |
| Financial debts | 43 | €3,418 | €3,421 | +€3 | +0.1% |
| Credit institutions | 430/8 | €3,418 | €3,421 | +€3 | +0.1% |
| Trade debts | 44 | €101 | €423 | +€322 | +319.5% |
| Suppliers | 440/4 | €101 | €423 | +€322 | +319.5% |
| Taxes, remuneration and social security | 45 | €14,907 | €11,286 | -€3,621 | -24.3% |
| Taxes | 450/3 | €14,907 | €11,286 | -€3,621 | -24.3% |
| Other amounts payable | 47/48 | €26,788 | €39,359 | +€12,571 | +46.9% |
| Accrued charges and deferred income | 492/3 | - | €252 | +€252 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,196 | €9,806 | -€390 | -3.8% |
| Other operating charges | 640/8 | €918 | €1,032 | +€114 | +12.4% |
| Non-recurring operating charges | 66A | - | €155 | +€155 | |
| Gross operating margin | 9900 | €65,490 | €67,499 | +€2,009 | +3.1% |
| Operating profit (loss) | 9901 | €54,375 | €56,506 | +€2,130 | +3.9% |
| Financial income | 75/76B | €1,658 | €3,471 | +€1,813 | +109.4% |
| Recurring financial income | 75 | €1,658 | €3,471 | +€1,813 | +109.4% |
| Financial charges | 65/66B | €737 | €369 | -€368 | -50.0% |
| Recurring financial charges | 65 | €737 | €369 | -€368 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | €55,296 | €59,607 | +€4,312 | +7.8% |
| Income taxes | 67/77 | €15,266 | €16,401 | +€1,135 | +7.4% |
| Profit (loss) for the period | 9904 | €40,029 | €43,206 | +€3,177 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €40,029 | €43,206 | +€3,177 | +7.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.