IITTALA: 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.
IITTALA
Largest movements
- Current investments -€125,634
down €125,634 (-56.5%), from €222,403 to €96,769
- Stocks and contracts +€38,268
up €38,268 (+34.5%), from €110,930 to €149,198
of which Stocks: +€37,817
- Receivables within one year +€36,500
up €36,500 (+79.3%), from €46,023 to €82,523
- Tangible fixed assets -€24,390
down €24,390 (-64.3%), from €37,949 to €13,559
of which Plant, machinery and equipment: -€18,132
- Deferred charges and accrued income -€20,206
down €20,206 (-14.3%), from €141,074 to €120,868
- Trade debts -€68,078
down €68,078 (-48.1%), from €141,499 to €73,421
- Profit (loss) carried forward -€11,883
down €11,883 (-1.3%), from -€927,476 to -€939,359
- Tax, wage and social debts -€8,398
down €8,398 (-12.3%), from €68,488 to €60,089
of which Remuneration and social security: -€7,443
- Turnover +€952,876
new in 2023: €952,876
- Purchases and services +€714,168
new in 2023: €714,168
- Staff costs +€13,206
up €13,206 (+6.7%), from €197,545 to €210,752
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €673,611 | €587,318 | -€86,294 | -12.8% |
| Fixed assets | 21/28 | €37,949 | €13,559 | -€24,390 | -64.3% |
| Tangible fixed assets | 22/27 | €37,949 | €13,559 | -€24,390 | -64.3% |
| Land and buildings | 22 | €19,817 | €13,559 | -€6,258 | -31.6% |
| Plant, machinery and equipment | 23 | €18,132 | - | -€18,132 | |
| Current assets | 29/58 | €635,662 | €573,759 | -€61,903 | -9.7% |
| Stocks and contracts in progress | 3 | €110,930 | €149,198 | +€38,268 | +34.5% |
| Stocks | 30/36 | €110,841 | €148,658 | +€37,817 | +34.1% |
| Contracts in progress | 37 | €89 | €540 | +€451 | +508.3% |
| Amounts receivable within one year | 40/41 | €46,023 | €82,523 | +€36,500 | +79.3% |
| Trade receivables | 40 | €46,023 | €82,523 | +€36,500 | +79.3% |
| Current investments | 50/53 | €222,403 | €96,769 | -€125,634 | -56.5% |
| Cash at bank and in hand | 54/58 | €115,233 | €124,401 | +€9,168 | +8.0% |
| Deferred charges and accrued income | 490/1 | €141,074 | €120,868 | -€20,206 | -14.3% |
| Total equity and liabilities | 10/49 | €673,611 | €587,318 | -€86,294 | -12.8% |
| Equity | 10/15 | €449,499 | €437,616 | -€11,883 | -2.6% |
| Contributions | 10/11 | €1,374,975 | €1,374,975 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€927,476 | -€939,359 | -€11,883 | -1.3% |
| Amounts payable | 17/49 | €224,112 | €149,702 | -€74,410 | -33.2% |
| Amounts payable within one year | 42/48 | €209,987 | €133,510 | -€76,476 | -36.4% |
| Trade debts | 44 | €141,499 | €73,421 | -€68,078 | -48.1% |
| Suppliers | 440/4 | €141,499 | €73,421 | -€68,078 | -48.1% |
| Taxes, remuneration and social security | 45 | €68,488 | €60,089 | -€8,398 | -12.3% |
| Taxes | 450/3 | €21,136 | €20,180 | -€956 | -4.5% |
| Remuneration and social security | 454/9 | €47,352 | €39,909 | -€7,443 | -15.7% |
| Accrued charges and deferred income | 492/3 | €14,125 | €16,191 | +€2,066 | +14.6% |
| Turnover | 70 | - | €952,876 | +€952,876 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €714,168 | +€714,168 | |
| Remuneration, social security and pensions | 62 | €197,545 | €210,752 | +€13,206 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,059 | €18,724 | -€2,335 | -11.1% |
| Other operating charges | 640/8 | €538 | €5,184 | +€4,646 | +863.9% |
| Non-recurring operating charges | 66A | - | €5,666 | +€5,666 | |
| Gross operating margin | 9900 | €241,557 | €238,708 | -€2,850 | -1.2% |
| Operating profit (loss) | 9901 | €22,416 | -€1,619 | -€24,034 | |
| Financial income | 75/76B | €69 | €3,408 | +€3,340 | +4864.0% |
| Recurring financial income | 75 | €69 | €3,408 | +€3,340 | +4864.0% |
| Financial charges | 65/66B | €6,042 | €13,673 | +€7,630 | +126.3% |
| Recurring financial charges | 65 | €6,042 | €13,673 | +€7,630 | +126.3% |
| Profit (loss) for the period before taxes | 9903 | €16,442 | -€11,883 | -€28,325 | |
| Profit (loss) for the period | 9904 | €16,442 | -€11,883 | -€28,325 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,442 | -€11,883 | -€28,325 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.