Iaccino Concept: 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.
Iaccino Concept
Largest movements
- Receivables within one year +€164,495
up €164,495 (+188%), from €87,560 to €252,055
of which Trade receivables: +€164,906
- Cash -€4,307
no longer reported in 2024 (was €4,307)
mainly Receivables within one year (-€164,495) and Current portion of long-term debt (-€5,905)
- Tangible fixed assets +€2,809
up €2,809 (+102%), from €2,748 to €5,557
- Trade debts +€102,803
up €102,803 (+180%), from €57,212 to €160,015
- Other debts +€34,225
up €34,225 (+1,286%), from €2,662 to €36,887
- Profit (loss) carried forward +€16,659
up €16,659 (+82.5%), from €20,198 to €36,857
- Tax, wage and social debts +€15,148
up €15,148 (+280%), from €5,411 to €20,559
of which Remuneration and social security: +€9,876
- Current portion of long-term debt -€5,905
down €5,905 (-64.7%), from €9,132 to €3,227
- Gross operating margin -€2,573
down €2,573 (-9.7%), from €26,662 to €24,089
- Depreciation +€1,936
up €1,936 (+516%), from €375 to €2,311
- Taxes -€1,079
down €1,079 (-19.9%), from €5,410 to €4,331
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 | €94,615 | €257,612 | +€162,997 | +172% |
| Fixed assets | 21/28 | €2,748 | €5,557 | +€2,809 | +102% |
| Tangible fixed assets | 22/27 | €2,748 | €5,557 | +€2,809 | +102% |
| Furniture and vehicles | 24 | €2,748 | €5,557 | +€2,809 | +102% |
| Current assets | 29/58 | €91,867 | €252,055 | +€160,188 | +174% |
| Amounts receivable within one year | 40/41 | €87,560 | €252,055 | +€164,495 | +188% |
| Trade receivables | 40 | €86,330 | €251,236 | +€164,906 | +191% |
| Other amounts receivable | 41 | €1,230 | €819 | -€411 | -33.4% |
| Cash at bank and in hand | 54/58 | €4,307 | - | -€4,307 | |
| Total equity and liabilities | 10/49 | €94,615 | €257,612 | +€162,997 | +172% |
| Equity | 10/15 | €20,198 | €36,857 | +€16,659 | +82.5% |
| Profit (loss) carried forward | 14 | €20,198 | €36,857 | +€16,659 | +82.5% |
| Amounts payable | 17/49 | €74,417 | €220,755 | +€146,338 | +197% |
| Amounts payable within one year | 42/48 | €74,417 | €220,755 | +€146,338 | +197% |
| Current portion of amounts payable after more than one year | 42 | €9,132 | €3,227 | -€5,905 | -64.7% |
| Financial debts | 43 | - | €67 | +€67 | |
| Credit institutions | 430/8 | - | €67 | +€67 | |
| Trade debts | 44 | €57,212 | €160,015 | +€102,803 | +180% |
| Suppliers | 440/4 | €57,212 | €160,015 | +€102,803 | +180% |
| Taxes, remuneration and social security | 45 | €5,411 | €20,559 | +€15,148 | +280% |
| Taxes | 450/3 | €5,411 | €10,683 | +€5,272 | +97.4% |
| Remuneration and social security | 454/9 | - | €9,876 | +€9,876 | |
| Other amounts payable | 47/48 | €2,662 | €36,887 | +€34,225 | +1,286% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €375 | €2,311 | +€1,936 | +516% |
| Other operating charges | 640/8 | €141 | - | -€141 | |
| Gross operating margin | 9900 | €26,662 | €24,089 | -€2,573 | -9.7% |
| Operating profit (loss) | 9901 | €26,146 | €21,778 | -€4,368 | -16.7% |
| Financial charges | 65/66B | €538 | €787 | +€249 | +46.3% |
| Recurring financial charges | 65 | €538 | €787 | +€249 | +46.3% |
| Profit (loss) for the period before taxes | 9903 | €25,608 | €20,991 | -€4,617 | -18.0% |
| Income taxes | 67/77 | €5,410 | €4,331 | -€1,079 | -19.9% |
| Profit (loss) for the period | 9904 | €20,198 | €16,660 | -€3,538 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,198 | €16,660 | -€3,538 | -17.5% |
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 25 October 2026 via checked.be.