IMAGE PROXI SERVICES: 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.
IMAGE PROXI SERVICES
Largest movements
- Receivables within one year +€200,723
up €200,723 (+3504.1%), from €5,728 to €206,451
of which Trade receivables: +€183,428
- Cash +€45,558
new in 2024: €45,558
mainly Trade debts (+€212,600) and Depreciation (+€21,652)
- Stocks and contracts +€23,409
up €23,409 (+25.1%), from €93,257 to €116,666
- Deferred charges and accrued income -€15,967
down €15,967 (-24.7%), from €64,709 to €48,742
- Intangible fixed assets -€8,561
down €8,561 (-12.5%), from €68,461 to €59,901
- Trade debts +€212,600
up €212,600 (+171.2%), from €124,187 to €336,786
- Short-term financial debts +€20,748
up €20,748 (+71.4%), from €29,056 to €49,804
- Tax, wage and social debts +€14,906
up €14,906 (+46.0%), from €32,436 to €47,343
of which Remuneration and social security: +€17,400
- Profit (loss) carried forward +€6,305
up €6,305 (+9.4%), from -€66,881 to -€60,576
- Advances received -€6,195
no longer reported in 2024 (was €6,195)
- Gross operating margin +€26,545
up €26,545 (+19.3%), from €137,283 to €163,828
- Staff costs +€14,414
up €14,414 (+16.9%), from €85,183 to €99,596
- Other operating charges +€10,015
up €10,015 (+128.7%), from €7,779 to €17,794
- Financial charges +€7,699
up €7,699 (+73.4%), from €10,494 to €18,192
- Financial income +€2,011
up €2,011 (+216.1%), from €930 to €2,941
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 | €280,561 | €525,229 | +€244,669 | +87.2% |
| Fixed assets | 21/28 | €116,867 | €107,813 | -€9,054 | -7.7% |
| Intangible fixed assets | 21 | €68,461 | €59,901 | -€8,561 | -12.5% |
| Tangible fixed assets | 22/27 | €47,058 | €46,565 | -€493 | -1.0% |
| Land and buildings | 22 | €1,785 | €1,338 | -€446 | -25.0% |
| Plant, machinery and equipment | 23 | €5,295 | €2,890 | -€2,405 | -45.4% |
| Furniture and vehicles | 24 | €1,164 | €1,971 | +€807 | +69.4% |
| Other tangible fixed assets | 26 | €38,814 | €40,365 | +€1,550 | +4.0% |
| Financial fixed assets | 28 | €1,348 | €1,348 | = | 0.0% |
| Current assets | 29/58 | €163,694 | €417,416 | +€253,722 | +155.0% |
| Stocks and contracts in progress | 3 | €93,257 | €116,666 | +€23,409 | +25.1% |
| Stocks | 30/36 | €93,257 | €116,666 | +€23,409 | +25.1% |
| Amounts receivable within one year | 40/41 | €5,728 | €206,451 | +€200,723 | +3504.1% |
| Trade receivables | 40 | - | €183,428 | +€183,428 | |
| Other amounts receivable | 41 | €5,728 | €23,024 | +€17,295 | +301.9% |
| Cash at bank and in hand | 54/58 | - | €45,558 | +€45,558 | |
| Deferred charges and accrued income | 490/1 | €64,709 | €48,742 | -€15,967 | -24.7% |
| Total equity and liabilities | 10/49 | €280,561 | €525,229 | +€244,669 | +87.2% |
| Equity | 10/15 | €83,175 | €89,479 | +€6,305 | +7.6% |
| Contributions | 10/11 | €150,056 | €150,056 | = | 0.0% |
| Capital | 10 | €150,056 | €150,056 | = | 0.0% |
| Issued capital | 100 | €150,056 | €150,056 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,881 | -€60,576 | +€6,305 | +9.4% |
| Amounts payable | 17/49 | €197,386 | €435,750 | +€238,364 | +120.8% |
| Amounts payable within one year | 42/48 | €196,293 | €435,433 | +€239,139 | +121.8% |
| Current portion of amounts payable after more than one year | 42 | €795 | - | -€795 | |
| Financial debts | 43 | €29,056 | €49,804 | +€20,748 | +71.4% |
| Credit institutions | 430/8 | €29,056 | €49,804 | +€20,748 | +71.4% |
| Trade debts | 44 | €124,187 | €336,786 | +€212,600 | +171.2% |
| Suppliers | 440/4 | €124,187 | €336,786 | +€212,600 | +171.2% |
| Advances received on contracts in progress | 46 | €6,195 | - | -€6,195 | |
| Taxes, remuneration and social security | 45 | €32,436 | €47,343 | +€14,906 | +46.0% |
| Taxes | 450/3 | €19,378 | €16,885 | -€2,493 | -12.9% |
| Remuneration and social security | 454/9 | €13,058 | €30,458 | +€17,400 | +133.2% |
| Other amounts payable | 47/48 | €3,624 | €1,500 | -€2,124 | -58.6% |
| Accrued charges and deferred income | 492/3 | €1,093 | €317 | -€776 | -71.0% |
| Remuneration, social security and pensions | 62 | €85,183 | €99,596 | +€14,414 | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,299 | €21,652 | +€353 | +1.7% |
| Other operating charges | 640/8 | €7,779 | €17,794 | +€10,015 | +128.7% |
| Gross operating margin | 9900 | €137,283 | €163,828 | +€26,545 | +19.3% |
| Operating profit (loss) | 9901 | €23,022 | €24,786 | +€1,764 | +7.7% |
| Financial income | 75/76B | €930 | €2,941 | +€2,011 | +216.1% |
| Recurring financial income | 75 | €930 | €2,941 | +€2,011 | +216.1% |
| Financial charges | 65/66B | €10,494 | €18,192 | +€7,699 | +73.4% |
| Recurring financial charges | 65 | €10,494 | €18,192 | +€7,699 | +73.4% |
| Profit (loss) for the period before taxes | 9903 | €13,459 | €9,534 | -€3,925 | -29.2% |
| Income taxes | 67/77 | €4,355 | €3,230 | -€1,126 | -25.8% |
| Profit (loss) for the period | 9904 | €9,103 | €6,305 | -€2,799 | -30.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,103 | €6,305 | -€2,799 | -30.7% |
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 5 October 2026 via checked.be.