ImproveNow: 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.
ImproveNow
Largest movements
- Cash +€20,883
up €20,883 (+749.2%), from €2,787 to €23,671
mainly Net result for the year (+€23,573) and Depreciation (+€12,338)
- Tangible fixed assets -€12,338
down €12,338 (-24.3%), from €50,860 to €38,522
of which Furniture and vehicles: -€11,876
- Reserves +€23,573
up €23,573 (+205.1%), from €11,495 to €35,068
of which Distributable reserves: +€23,573
- Trade debts -€16,666
down €16,666 (-33.4%), from €49,930 to €33,265
- Tax, wage and social debts +€2,602
up €2,602 (+17.2%), from €15,093 to €17,695
of which Taxes: +€4,402
- Gross operating margin +€22,952
up €22,952 (+102.9%), from €22,316 to €45,268
- Taxes +€6,424
up €6,424 (+510.4%), from €1,259 to €7,683
- Depreciation +€2,851
up €2,851 (+30.1%), from €9,486 to €12,338
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 | €87,680 | €97,159 | +€9,480 | +10.8% |
| Fixed assets | 21/28 | €50,860 | €38,522 | -€12,338 | -24.3% |
| Tangible fixed assets | 22/27 | €50,860 | €38,522 | -€12,338 | -24.3% |
| Plant, machinery and equipment | 23 | €462 | - | -€462 | |
| Furniture and vehicles | 24 | €50,398 | €38,522 | -€11,876 | -23.6% |
| Current assets | 29/58 | €36,820 | €58,637 | +€21,817 | +59.3% |
| Amounts receivable within one year | 40/41 | €33,782 | €34,716 | +€934 | +2.8% |
| Trade receivables | 40 | €33,782 | €34,716 | +€934 | +2.8% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,787 | €23,671 | +€20,883 | +749.2% |
| Total equity and liabilities | 10/49 | €87,680 | €97,159 | +€9,480 | +10.8% |
| Equity | 10/15 | €17,695 | €41,268 | +€23,573 | +133.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,495 | €35,068 | +€23,573 | +205.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €9,635 | €33,208 | +€23,573 | +244.7% |
| Amounts payable | 17/49 | €69,985 | €55,891 | -€14,094 | -20.1% |
| Amounts payable within one year | 42/48 | €69,985 | €55,891 | -€14,094 | -20.1% |
| Trade debts | 44 | €49,930 | €33,265 | -€16,666 | -33.4% |
| Suppliers | 440/4 | €49,930 | €33,265 | -€16,666 | -33.4% |
| Taxes, remuneration and social security | 45 | €15,093 | €17,695 | +€2,602 | +17.2% |
| Taxes | 450/3 | €13,293 | €17,695 | +€4,402 | +33.1% |
| Remuneration and social security | 454/9 | €1,800 | - | -€1,800 | |
| Other amounts payable | 47/48 | €4,961 | €4,931 | -€30 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,486 | €12,338 | +€2,851 | +30.1% |
| Other operating charges | 640/8 | €939 | €1,128 | +€189 | +20.2% |
| Gross operating margin | 9900 | €22,316 | €45,268 | +€22,952 | +102.9% |
| Operating profit (loss) | 9901 | €11,891 | €31,802 | +€19,911 | +167.5% |
| Financial income | 75/76B | €20 | €1 | -€20 | -97.2% |
| Recurring financial income | 75 | €20 | €1 | -€20 | -97.2% |
| Financial charges | 65/66B | €708 | €546 | -€162 | -22.9% |
| Recurring financial charges | 65 | €708 | €546 | -€162 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €11,202 | €31,256 | +€20,054 | +179.0% |
| Income taxes | 67/77 | €1,259 | €7,683 | +€6,424 | +510.4% |
| Profit (loss) for the period | 9904 | €9,944 | €23,573 | +€13,630 | +137.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,944 | €23,573 | +€13,630 | +137.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.