iMatch: 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.
iMatch
Largest movements
- Receivables within one year -€274,120
down €274,120 (-84.1%), from €325,931 to €51,811
of which Trade receivables: -€277,031
- Intangible fixed assets +€157,487
up €157,487 (+45.7%), from €344,914 to €502,402
- Stocks and contracts -€12,088
down €12,088 (-50.0%), from €24,177 to €12,088
- Other debts +€215,575
up €215,575 (+54.7%), from €394,252 to €609,827
- Profit (loss) carried forward -€215,415
down €215,415 (-29.4%), from -€731,610 to -€947,024
- Current portion of long-term debt -€52,580
down €52,580 (-72.7%), from €72,353 to €19,772
- Tax, wage and social debts -€41,582
down €41,582 (-56.4%), from €73,707 to €32,125
of which Remuneration and social security: -€38,292
- Trade debts -€32,912
down €32,912 (-26.2%), from €125,736 to €92,825
- Gross operating margin -€197,760
down €197,760, from €152,505 to -€45,255
- Staff costs -€122,165
down €122,165 (-93.5%), from €130,710 to €8,545
- Depreciation +€19,149
up €19,149 (+19.0%), from €100,964 to €120,113
- Write-downs +€12,088
new in 2024: €12,088
- Financial charges +€6,887
up €6,887 (+34.3%), from €20,072 to €26,959
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 | €705,603 | €573,389 | -€132,213 | -18.7% |
| Fixed assets | 21/28 | €353,673 | €508,560 | +€154,887 | +43.8% |
| Intangible fixed assets | 21 | €344,914 | €502,402 | +€157,487 | +45.7% |
| Tangible fixed assets | 22/27 | €8,558 | €5,958 | -€2,600 | -30.4% |
| Plant, machinery and equipment | 23 | €3,189 | €2,241 | -€948 | -29.7% |
| Furniture and vehicles | 24 | €5,369 | €3,717 | -€1,652 | -30.8% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €351,930 | €64,830 | -€287,100 | -81.6% |
| Stocks and contracts in progress | 3 | €24,177 | €12,088 | -€12,088 | -50.0% |
| Stocks | 30/36 | €24,177 | €12,088 | -€12,088 | -50.0% |
| Amounts receivable within one year | 40/41 | €325,931 | €51,811 | -€274,120 | -84.1% |
| Trade receivables | 40 | €325,234 | €48,203 | -€277,031 | -85.2% |
| Other amounts receivable | 41 | €697 | €3,608 | +€2,911 | +417.9% |
| Cash at bank and in hand | 54/58 | €79 | €0 | -€79 | -99.9% |
| Deferred charges and accrued income | 490/1 | €1,743 | €930 | -€813 | -46.6% |
| Total equity and liabilities | 10/49 | €705,603 | €573,389 | -€132,213 | -18.7% |
| Equity | 10/15 | -€81,610 | -€297,024 | -€215,415 | -264.0% |
| Contributions | 10/11 | €650,000 | €650,000 | = | 0.0% |
| Capital | 10 | €650,000 | €650,000 | = | 0.0% |
| Issued capital | 100 | €650,000 | €650,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€731,610 | -€947,024 | -€215,415 | -29.4% |
| Amounts payable | 17/49 | €787,212 | €870,414 | +€83,201 | +10.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €766,048 | €856,301 | +€90,253 | +11.8% |
| Current portion of amounts payable after more than one year | 42 | €72,353 | €19,772 | -€52,580 | -72.7% |
| Financial debts | 43 | €100,000 | €101,752 | +€1,752 | +1.8% |
| Credit institutions | 430/8 | €100,000 | €101,752 | +€1,752 | +1.8% |
| Trade debts | 44 | €125,736 | €92,825 | -€32,912 | -26.2% |
| Suppliers | 440/4 | €125,736 | €92,825 | -€32,912 | -26.2% |
| Taxes, remuneration and social security | 45 | €73,707 | €32,125 | -€41,582 | -56.4% |
| Taxes | 450/3 | €35,415 | €32,125 | -€3,290 | -9.3% |
| Remuneration and social security | 454/9 | €38,292 | €0 | -€38,292 | -100.0% |
| Other amounts payable | 47/48 | €394,252 | €609,827 | +€215,575 | +54.7% |
| Accrued charges and deferred income | 492/3 | €21,165 | €14,112 | -€7,052 | -33.3% |
| Non-recurring operating income | 76A | €240,000 | €0 | -€240,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €130,710 | €8,545 | -€122,165 | -93.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,964 | €120,113 | +€19,149 | +19.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €12,088 | +€12,088 | |
| Other operating charges | 640/8 | €6,959 | €2,285 | -€4,674 | -67.2% |
| Gross operating margin | 9900 | €152,505 | -€45,255 | -€197,760 | |
| Operating profit (loss) | 9901 | -€86,128 | -€188,286 | -€102,158 | -118.6% |
| Financial income | 75/76B | €161 | €0 | -€161 | -99.9% |
| Recurring financial income | 75 | €161 | €0 | -€161 | -99.9% |
| Financial charges | 65/66B | €20,072 | €26,959 | +€6,887 | +34.3% |
| Recurring financial charges | 65 | €20,072 | €26,959 | +€6,887 | +34.3% |
| Profit (loss) for the period before taxes | 9903 | -€106,040 | -€215,245 | -€109,206 | -103.0% |
| Income taxes | 67/77 | €182 | €169 | -€13 | -7.0% |
| Profit (loss) for the period | 9904 | -€106,222 | -€215,415 | -€109,193 | -102.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€106,222 | -€215,415 | -€109,193 | -102.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.