IConnectStore: 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.
IConnectStore
Largest movements
- Stocks and contracts +€36,000
new in 2024: €36,000
- Receivables within one year +€25,742
new in 2024: €25,742
of which Trade receivables: +€14,500
- Tangible fixed assets +€7,804
new in 2024: €7,804
of which Furniture and vehicles: +€5,881
- Cash -€1,309
down €1,309 (-65.5%), from €2,000 to €691
mainly Stocks and contracts (-€36,000) and Receivables within one year (-€25,742)
- Other debts +€25,994
new in 2024: €25,994
- Trade debts +€25,196
new in 2024: €25,196
- Tax, wage and social debts +€17,455
new in 2024: €17,455
of which Remuneration and social security: +€13,380
- Contributions -€2,000
no longer reported in 2024 (was €2,000)
- Profit (loss) carried forward +€1,592
new in 2024: €1,592
- Staff costs +€36,076
new in 2024: €36,076
- Gross operating margin +€13,076
new in 2024: €13,076
- Depreciation +€901
new in 2024: €901
- Taxes +€600
new in 2024: €600
- Other operating charges +€308
new in 2024: €308
From the 2023 result to the 2024 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €2,000 | €70,237 | +€68,237 | +3,412% |
| Fixed assets | 21/28 | - | €7,804 | +€7,804 | |
| Tangible fixed assets | 22/27 | - | €7,804 | +€7,804 | |
| Plant, machinery and equipment | 23 | - | €1,923 | +€1,923 | |
| Furniture and vehicles | 24 | - | €5,881 | +€5,881 | |
| Current assets | 29/58 | €2,000 | €62,433 | +€60,433 | +3,022% |
| Stocks and contracts in progress | 3 | - | €36,000 | +€36,000 | |
| Stocks | 30/36 | - | €36,000 | +€36,000 | |
| Amounts receivable within one year | 40/41 | - | €25,742 | +€25,742 | |
| Trade receivables | 40 | - | €14,500 | +€14,500 | |
| Other amounts receivable | 41 | - | €11,242 | +€11,242 | |
| Cash at bank and in hand | 54/58 | €2,000 | €691 | -€1,309 | -65.5% |
| Total equity and liabilities | 10/49 | €2,000 | €70,237 | +€68,237 | +3,412% |
| Equity | 10/15 | €2,000 | €1,592 | -€408 | -20.4% |
| Contributions | 10/11 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | - | €1,592 | +€1,592 | |
| Amounts payable | 17/49 | - | €68,645 | +€68,645 | |
| Amounts payable within one year | 42/48 | - | €68,645 | +€68,645 | |
| Trade debts | 44 | - | €25,196 | +€25,196 | |
| Suppliers | 440/4 | - | €25,196 | +€25,196 | |
| Taxes, remuneration and social security | 45 | - | €17,455 | +€17,455 | |
| Taxes | 450/3 | - | €4,075 | +€4,075 | |
| Remuneration and social security | 454/9 | - | €13,380 | +€13,380 | |
| Other amounts payable | 47/48 | - | €25,994 | +€25,994 | |
| Remuneration, social security and pensions | 62 | - | €36,076 | +€36,076 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €901 | +€901 | |
| Other operating charges | 640/8 | - | €308 | +€308 | |
| Gross operating margin | 9900 | - | €13,076 | +€13,076 | |
| Operating profit (loss) | 9901 | - | -€24,209 | -€24,209 | |
| Financial charges | 65/66B | - | €252 | +€252 | |
| Recurring financial charges | 65 | - | €252 | +€252 | |
| Profit (loss) for the period before taxes | 9903 | - | -€24,461 | -€24,461 | |
| Income taxes | 67/77 | - | €600 | +€600 | |
| Profit (loss) for the period | 9904 | - | -€25,061 | -€25,061 | |
| Profit (loss) for the period to be appropriated | 9905 | - | -€25,061 | -€25,061 |
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 13 October 2026 via checked.be.