IndustryVibes: 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.
IndustryVibes
Largest movements
- Receivables within one year +€292,156
up €292,156 (+40.0%), from €731,013 to €1.0m
of which Trade receivables: +€405,050
- Tangible fixed assets +€128,061
up €128,061 (+231%), from €55,487 to €183,548
of which Furniture and vehicles: +€135,802
- Cash -€68,608
down €68,608 (-96.9%), from €70,819 to €2,211
mainly Receivables within one year (-€292,156) and Investment in fixed assets (net) (-€167,569)
- Tax, wage and social debts +€443,461
up €443,461 (+145%), from €304,942 to €748,403
of which Taxes: +€269,662
- Trade debts -€134,285
down €134,285 (-50.5%), from €266,058 to €131,774
- Accrued charges and deferred income +€83,249
new in 2024: €83,249
- Profit (loss) carried forward -€36,917
down €36,917 (-12.3%), from €299,269 to €262,352
- Staff costs +€460,288
up €460,288 (+87.7%), from €524,684 to €984,972
- Gross operating margin +€382,768
up €382,768 (+58.7%), from €652,181 to €1.0m
- Turnover +€282,453
up €282,453 (+12.6%), from €2.2m to €2.5m
- Purchases and services -€100,315
down €100,315 (-6.3%), from €1.6m to €1.5m
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.
Derived cash bridge
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 | €876,470 | €1,231,978 | +€355,508 | +40.6% |
| Fixed assets | 21/28 | €72,137 | €206,598 | +€134,461 | +186% |
| Tangible fixed assets | 22/27 | €55,487 | €183,548 | +€128,061 | +231% |
| Plant, machinery and equipment | 23 | €492 | €443 | -€49 | -10.0% |
| Furniture and vehicles | 24 | €4,410 | €140,212 | +€135,802 | +3,079% |
| Other tangible fixed assets | 26 | €50,585 | €42,893 | -€7,693 | -15.2% |
| Financial fixed assets | 28 | €16,650 | €23,050 | +€6,400 | +38.4% |
| Current assets | 29/58 | €804,333 | €1,025,380 | +€221,048 | +27.5% |
| Amounts receivable within one year | 40/41 | €731,013 | €1,023,169 | +€292,156 | +40.0% |
| Trade receivables | 40 | €564,910 | €969,960 | +€405,050 | +71.7% |
| Other amounts receivable | 41 | €166,103 | €53,209 | -€112,894 | -68.0% |
| Cash at bank and in hand | 54/58 | €70,819 | €2,211 | -€68,608 | -96.9% |
| Deferred charges and accrued income | 490/1 | €2,500 | - | -€2,500 | |
| Total equity and liabilities | 10/49 | €876,470 | €1,231,978 | +€355,508 | +40.6% |
| Equity | 10/15 | €305,469 | €268,552 | -€36,917 | -12.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €299,269 | €262,352 | -€36,917 | -12.3% |
| Amounts payable | 17/49 | €571,000 | €963,426 | +€392,425 | +68.7% |
| Amounts payable within one year | 42/48 | €571,000 | €880,177 | +€309,177 | +54.1% |
| Trade debts | 44 | €266,058 | €131,774 | -€134,285 | -50.5% |
| Suppliers | 440/4 | €266,058 | €131,774 | -€134,285 | -50.5% |
| Taxes, remuneration and social security | 45 | €304,942 | €748,403 | +€443,461 | +145% |
| Taxes | 450/3 | €257,671 | €527,332 | +€269,662 | +105% |
| Remuneration and social security | 454/9 | €47,272 | €221,071 | +€173,799 | +368% |
| Accrued charges and deferred income | 492/3 | - | €83,249 | +€83,249 | |
| Turnover | 70 | €2,244,585 | €2,527,038 | +€282,453 | +12.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,592,404 | €1,492,089 | -€100,315 | -6.3% |
| Remuneration, social security and pensions | 62 | €524,684 | €984,972 | +€460,288 | +87.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,591 | €33,108 | +€4,518 | +15.8% |
| Other operating charges | 640/8 | €637 | €4,874 | +€4,237 | +665% |
| Gross operating margin | 9900 | €652,181 | €1,034,949 | +€382,768 | +58.7% |
| Operating profit (loss) | 9901 | €98,270 | €11,995 | -€86,274 | -87.8% |
| Financial income | 75/76B | €8,738 | - | -€8,738 | |
| Recurring financial income | 75 | €8,738 | - | -€8,738 | |
| Financial charges | 65/66B | €9,936 | €24,686 | +€14,750 | +148% |
| Recurring financial charges | 65 | €9,936 | €24,686 | +€14,750 | +148% |
| Profit (loss) for the period before taxes | 9903 | €97,071 | -€12,691 | -€109,762 | |
| Income taxes | 67/77 | €28,147 | €24,226 | -€3,921 | -13.9% |
| Profit (loss) for the period | 9904 | €68,924 | -€36,917 | -€105,841 | |
| Profit (loss) for the period to be appropriated | 9905 | €68,924 | -€36,917 | -€105,841 |
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 22 October 2026 via checked.be.