Improef: 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.
Improef
Largest movements
- Receivables within one year -€7,700
down €7,700 (-92.8%), from €8,295 to €595
of which Trade receivables: -€6,751
- Tangible fixed assets +€6,318
up €6,318 (+221.2%), from €2,856 to €9,173
of which Plant, machinery and equipment: +€6,607
- Stocks and contracts +€1,542
new in 2024: €1,542
- Cash +€618
up €618 (+72.2%), from €855 to €1,472
mainly Other debts (+€12,749) and Receivables within one year (+€7,700)
- Other debts +€12,749
up €12,749 (+379.0%), from €3,364 to €16,113
- Profit (loss) carried forward -€10,313
down €10,313 (-622.2%), from -€1,658 to -€11,970
- Trade debts -€3,324
down €3,324 (-45.5%), from €7,299 to €3,976
- Tax, wage and social debts +€1,664
new in 2024: €1,664
- Gross operating margin -€5,716
down €5,716 (-500.3%), from -€1,142 to -€6,858
- Depreciation +€1,702
up €1,702 (+4221.9%), from €40 to €1,742
- Other operating charges +€973
up €973 (+204.9%), from €475 to €1,448
- Financial charges +€265
up €265 (+440883.3%), from €0 to €265
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 | €12,005 | €12,782 | +€777 | +6.5% |
| Fixed assets | 21/28 | €2,856 | €9,173 | +€6,318 | +221.2% |
| Tangible fixed assets | 22/27 | €2,856 | €9,173 | +€6,318 | +221.2% |
| Plant, machinery and equipment | 23 | - | €6,607 | +€6,607 | |
| Other tangible fixed assets | 26 | €2,856 | €2,566 | -€290 | -10.1% |
| Current assets | 29/58 | €9,150 | €3,609 | -€5,541 | -60.6% |
| Stocks and contracts in progress | 3 | - | €1,542 | +€1,542 | |
| Stocks | 30/36 | - | €1,542 | +€1,542 | |
| Amounts receivable within one year | 40/41 | €8,295 | €595 | -€7,700 | -92.8% |
| Trade receivables | 40 | €7,346 | €595 | -€6,751 | -91.9% |
| Other amounts receivable | 41 | €949 | - | -€949 | |
| Cash at bank and in hand | 54/58 | €855 | €1,472 | +€618 | +72.2% |
| Total equity and liabilities | 10/49 | €12,005 | €12,782 | +€777 | +6.5% |
| Equity | 10/15 | €1,342 | -€8,970 | -€10,313 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,658 | -€11,970 | -€10,313 | -622.2% |
| Amounts payable | 17/49 | €10,663 | €21,753 | +€11,090 | +104.0% |
| Amounts payable within one year | 42/48 | €10,663 | €21,753 | +€11,090 | +104.0% |
| Trade debts | 44 | €7,299 | €3,976 | -€3,324 | -45.5% |
| Suppliers | 440/4 | €7,299 | €3,976 | -€3,324 | -45.5% |
| Taxes, remuneration and social security | 45 | - | €1,664 | +€1,664 | |
| Taxes | 450/3 | - | €1,664 | +€1,664 | |
| Other amounts payable | 47/48 | €3,364 | €16,113 | +€12,749 | +379.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40 | €1,742 | +€1,702 | +4221.9% |
| Other operating charges | 640/8 | €475 | €1,448 | +€973 | +204.9% |
| Gross operating margin | 9900 | -€1,142 | -€6,858 | -€5,716 | -500.3% |
| Operating profit (loss) | 9901 | -€1,658 | -€10,048 | -€8,391 | -506.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +50.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +50.0% |
| Financial charges | 65/66B | €0 | €265 | +€265 | +440883.3% |
| Recurring financial charges | 65 | €0 | €265 | +€265 | +440883.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,658 | -€10,313 | -€8,655 | -522.2% |
| Profit (loss) for the period | 9904 | -€1,658 | -€10,313 | -€8,655 | -522.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,658 | -€10,313 | -€8,655 | -522.2% |
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 29 September 2026 via checked.be.