ICHOR: 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.
ICHOR
Largest movements
- Receivables within one year +€87,343
up €87,343 (+258.1%), from €33,844 to €121,187
- Cash +€2,752
up €2,752 (+24.2%), from €11,376 to €14,128
mainly Trade debts (+€76,056) and Net result for the year (+€9,786)
- Trade debts +€76,056
new in 2024: €76,056
- Reserves +€9,750
up €9,750 (+34.4%), from €28,360 to €38,110
of which Distributable reserves: +€9,750
- Tax, wage and social debts +€4,289
up €4,289 (+16.1%), from €26,666 to €30,955
of which Remuneration and social security: +€2,236
- Gross operating margin +€2,069
up €2,069 (+4.0%), from €52,161 to €54,230
- Other operating charges -€1,380
down €1,380 (-56.7%), from €2,436 to €1,056
- Depreciation +€757
up €757 (+57.4%), from €1,318 to €2,075
- Taxes +€664
up €664 (+19.7%), from €3,375 to €4,039
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 | €74,982 | €165,113 | +€90,131 | +120.2% |
| Fixed assets | 21/28 | €7,612 | €7,568 | -€44 | -0.6% |
| Tangible fixed assets | 22/27 | €5,762 | €5,718 | -€44 | -0.8% |
| Plant, machinery and equipment | 23 | €5,762 | €5,718 | -€44 | -0.8% |
| Financial fixed assets | 28 | €1,850 | €1,850 | = | 0.0% |
| Current assets | 29/58 | €67,370 | €157,545 | +€90,175 | +133.9% |
| Stocks and contracts in progress | 3 | €3,650 | €4,230 | +€580 | +15.9% |
| Stocks | 30/36 | €3,650 | €4,230 | +€580 | +15.9% |
| Amounts receivable within one year | 40/41 | €33,844 | €121,187 | +€87,343 | +258.1% |
| Other amounts receivable | 41 | €33,844 | €121,187 | +€87,343 | +258.1% |
| Cash at bank and in hand | 54/58 | €11,376 | €14,128 | +€2,752 | +24.2% |
| Deferred charges and accrued income | 490/1 | €18,500 | €18,000 | -€500 | -2.7% |
| Total equity and liabilities | 10/49 | €74,982 | €165,113 | +€90,131 | +120.2% |
| Equity | 10/15 | €48,316 | €58,102 | +€9,786 | +20.3% |
| Contributions | 10/11 | €18,831 | €18,831 | = | 0.0% |
| Capital | 10 | €18,831 | €18,831 | = | 0.0% |
| Issued capital | 100 | €18,831 | €18,831 | = | 0.0% |
| Reserves | 13 | €28,360 | €38,110 | +€9,750 | +34.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,500 | €36,250 | +€9,750 | +36.8% |
| Profit (loss) carried forward | 14 | €1,125 | €1,161 | +€36 | +3.2% |
| Amounts payable | 17/49 | €26,666 | €107,011 | +€80,345 | +301.3% |
| Amounts payable within one year | 42/48 | €26,666 | €107,011 | +€80,345 | +301.3% |
| Trade debts | 44 | - | €76,056 | +€76,056 | |
| Suppliers | 440/4 | - | €76,056 | +€76,056 | |
| Taxes, remuneration and social security | 45 | €26,666 | €30,955 | +€4,289 | +16.1% |
| Taxes | 450/3 | €22,575 | €24,628 | +€2,053 | +9.1% |
| Remuneration and social security | 454/9 | €4,091 | €6,327 | +€2,236 | +54.7% |
| Remuneration, social security and pensions | 62 | €36,656 | €36,183 | -€473 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,318 | €2,075 | +€757 | +57.4% |
| Other operating charges | 640/8 | €2,436 | €1,056 | -€1,380 | -56.7% |
| Gross operating margin | 9900 | €52,161 | €54,230 | +€2,069 | +4.0% |
| Operating profit (loss) | 9901 | €11,751 | €14,916 | +€3,165 | +26.9% |
| Financial charges | 65/66B | €1,351 | €1,091 | -€260 | -19.2% |
| Recurring financial charges | 65 | €1,351 | €1,091 | -€260 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €10,400 | €13,825 | +€3,425 | +32.9% |
| Income taxes | 67/77 | €3,375 | €4,039 | +€664 | +19.7% |
| Profit (loss) for the period | 9904 | €7,025 | €9,786 | +€2,761 | +39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,025 | €9,786 | +€2,761 | +39.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.