IDENTIX: 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.
IDENTIX
Largest movements
- Intangible fixed assets -€41,269
down €41,269 (-30.7%), from €134,228 to €92,959
- Current investments +€30,036
up €30,036 (+87.6%), from €34,301 to €64,338
- Tangible fixed assets -€18,916
down €18,916 (-88.7%), from €21,327 to €2,412
- Cash +€9,118
up €9,118 (+30.0%), from €30,389 to €39,506
mainly Depreciation (+€43,216) and Investment in fixed assets (net) (+€16,969)
- Receivables within one year -€2,610
no longer reported in 2024 (was €2,610)
- Other debts -€38,656
down €38,656 (-19.0%), from €203,061 to €164,405
- Reserves +€16,870
up €16,870 (+237.6%), from €7,100 to €23,970
- Trade debts -€2,401
down €2,401 (-58.5%), from €4,106 to €1,704
- Depreciation -€9,497
down €9,497 (-18.0%), from €52,713 to €43,216
- Taxes +€4,568
up €4,568 (+93.0%), from €4,911 to €9,479
- Staff costs -€2,261
down €2,261 (-13.0%), from €17,384 to €15,123
- Other operating charges +€2,248
up €2,248 (+284.0%), from €792 to €3,040
- Financial charges +€1,924
up €1,924 (+139.5%), from €1,379 to €3,304
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 | €226,423 | €202,482 | -€23,941 | -10.6% |
| Fixed assets | 21/28 | €155,731 | €95,546 | -€60,185 | -38.6% |
| Intangible fixed assets | 21 | €134,228 | €92,959 | -€41,269 | -30.7% |
| Tangible fixed assets | 22/27 | €21,327 | €2,412 | -€18,916 | -88.7% |
| Furniture and vehicles | 24 | €21,327 | €2,412 | -€18,916 | -88.7% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €70,692 | €106,936 | +€36,244 | +51.3% |
| Stocks and contracts in progress | 3 | €2,357 | €2,617 | +€260 | +11.0% |
| Stocks | 30/36 | €2,357 | €2,617 | +€260 | +11.0% |
| Amounts receivable within one year | 40/41 | €2,610 | - | -€2,610 | |
| Trade receivables | 40 | €2,610 | - | -€2,610 | |
| Current investments | 50/53 | €34,301 | €64,338 | +€30,036 | +87.6% |
| Cash at bank and in hand | 54/58 | €30,389 | €39,506 | +€9,118 | +30.0% |
| Deferred charges and accrued income | 490/1 | €1,035 | €475 | -€560 | -54.1% |
| Total equity and liabilities | 10/49 | €226,423 | €202,482 | -€23,941 | -10.6% |
| Equity | 10/15 | €12,182 | €29,058 | +€16,876 | +138.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €7,100 | €23,970 | +€16,870 | +237.6% |
| Distributable reserves | 133 | €7,100 | €23,970 | +€16,870 | +237.6% |
| Profit (loss) carried forward | 14 | €82 | €88 | +€6 | +7.9% |
| Amounts payable | 17/49 | €214,241 | €173,424 | -€40,817 | -19.1% |
| Amounts payable within one year | 42/48 | €214,241 | €173,424 | -€40,817 | -19.1% |
| Trade debts | 44 | €4,106 | €1,704 | -€2,401 | -58.5% |
| Suppliers | 440/4 | €4,106 | €1,704 | -€2,401 | -58.5% |
| Taxes, remuneration and social security | 45 | €7,074 | €7,315 | +€240 | +3.4% |
| Taxes | 450/3 | €4,778 | €5,241 | +€463 | +9.7% |
| Remuneration and social security | 454/9 | €2,296 | €2,073 | -€223 | -9.7% |
| Other amounts payable | 47/48 | €203,061 | €164,405 | -€38,656 | -19.0% |
| Remuneration, social security and pensions | 62 | €17,384 | €15,123 | -€2,261 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,713 | €43,216 | -€9,497 | -18.0% |
| Other operating charges | 640/8 | €792 | €3,040 | +€2,248 | +284.0% |
| Non-recurring operating charges | 66A | - | €163 | +€163 | |
| Gross operating margin | 9900 | €89,250 | €91,148 | +€1,898 | +2.1% |
| Operating profit (loss) | 9901 | €18,361 | €29,607 | +€11,246 | +61.2% |
| Financial income | 75/76B | €3 | €52 | +€50 | +1882.5% |
| Recurring financial income | 75 | €3 | €52 | +€50 | +1882.5% |
| Financial charges | 65/66B | €1,379 | €3,304 | +€1,924 | +139.5% |
| Recurring financial charges | 65 | €1,379 | €3,304 | +€1,924 | +139.5% |
| Profit (loss) for the period before taxes | 9903 | €16,984 | €26,355 | +€9,371 | +55.2% |
| Income taxes | 67/77 | €4,911 | €9,479 | +€4,568 | +93.0% |
| Profit (loss) for the period | 9904 | €12,073 | €16,876 | +€4,803 | +39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,073 | €16,876 | +€4,803 | +39.8% |
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 8 October 2026 via checked.be.