IOwnFleet: 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.
IOwnFleet
Largest movements
- Receivables within one year +€133,819
up €133,819 (+207.5%), from €64,481 to €198,300
of which Trade receivables: +€132,095
- Cash -€92,621
down €92,621 (-45.4%), from €204,027 to €111,406
mainly Receivables within one year (-€133,819) and Debts after one year (-€56,556)
- Tangible fixed assets -€59,212
down €59,212 (-46.1%), from €128,387 to €69,175
of which Furniture and vehicles: -€79,631
- Deferred charges and accrued income +€5,205
up €5,205 (+125.6%), from €4,145 to €9,350
- Trade debts +€64,390
up €64,390 (+154.5%), from €41,680 to €106,071
- Debts after one year -€56,556
down €56,556 (-100.0%), from €56,556 to €0
- Profit (loss) carried forward +€24,506
up €24,506, from €0 to €24,506
- Other debts -€20,563
down €20,563 (-45.1%), from €45,563 to €25,000
- Current portion of long-term debt -€15,411
down €15,411 (-100.0%), from €15,411 to €0
- Gross operating margin -€81,547
down €81,547 (-30.8%), from €264,712 to €183,164
- Taxes -€53,154
down €53,154 (-77.8%), from €68,349 to €15,194
- Staff costs +€52,458
up €52,458 (+323.5%), from €16,217 to €68,675
- Other operating charges +€4,603
up €4,603 (+140.5%), from €3,275 to €7,878
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 | €403,766 | €390,864 | -€12,902 | -3.2% |
| Fixed assets | 21/28 | €131,113 | €71,808 | -€59,306 | -45.2% |
| Intangible fixed assets | 21 | €2,726 | €2,633 | -€93 | -3.4% |
| Tangible fixed assets | 22/27 | €128,387 | €69,175 | -€59,212 | -46.1% |
| Furniture and vehicles | 24 | €107,785 | €28,154 | -€79,631 | -73.9% |
| Other tangible fixed assets | 26 | €20,602 | €41,021 | +€20,419 | +99.1% |
| Current assets | 29/58 | €272,653 | €319,056 | +€46,403 | +17.0% |
| Amounts receivable within one year | 40/41 | €64,481 | €198,300 | +€133,819 | +207.5% |
| Trade receivables | 40 | €64,480 | €196,575 | +€132,095 | +204.9% |
| Other amounts receivable | 41 | €1 | €1,725 | +€1,724 | +179542.7% |
| Cash at bank and in hand | 54/58 | €204,027 | €111,406 | -€92,621 | -45.4% |
| Deferred charges and accrued income | 490/1 | €4,145 | €9,350 | +€5,205 | +125.6% |
| Total equity and liabilities | 10/49 | €403,766 | €390,864 | -€12,902 | -3.2% |
| Equity | 10/15 | €159,761 | €184,267 | +€24,506 | +15.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €154,761 | €154,761 | = | 0.0% |
| Distributable reserves | 133 | €154,761 | €154,761 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €24,506 | +€24,506 | |
| Amounts payable | 17/49 | €244,005 | €206,596 | -€37,408 | -15.3% |
| Amounts payable after more than one year | 17 | €56,556 | €0 | -€56,556 | -100.0% |
| Financial debts | 170/4 | €56,556 | €0 | -€56,556 | -100.0% |
| Amounts payable within one year | 42/48 | €187,448 | €205,162 | +€17,714 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €15,411 | €0 | -€15,411 | -100.0% |
| Trade debts | 44 | €41,680 | €106,071 | +€64,390 | +154.5% |
| Suppliers | 440/4 | €41,680 | €106,071 | +€64,390 | +154.5% |
| Taxes, remuneration and social security | 45 | €84,794 | €74,091 | -€10,703 | -12.6% |
| Taxes | 450/3 | €83,065 | €67,044 | -€16,022 | -19.3% |
| Remuneration and social security | 454/9 | €1,729 | €7,048 | +€5,319 | +307.7% |
| Other amounts payable | 47/48 | €45,563 | €25,000 | -€20,563 | -45.1% |
| Accrued charges and deferred income | 492/3 | - | €1,434 | +€1,434 | |
| Remuneration, social security and pensions | 62 | €16,217 | €68,675 | +€52,458 | +323.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,692 | €18,542 | -€1,150 | -5.8% |
| Other operating charges | 640/8 | €3,275 | €7,878 | +€4,603 | +140.5% |
| Non-recurring operating charges | 66A | - | €19,082 | +€19,082 | |
| Gross operating margin | 9900 | €264,712 | €183,164 | -€81,547 | -30.8% |
| Operating profit (loss) | 9901 | €225,527 | €68,987 | -€156,540 | -69.4% |
| Financial income | 75/76B | €33 | €58 | +€25 | +76.0% |
| Recurring financial income | 75 | €33 | €58 | +€25 | +76.0% |
| Financial charges | 65/66B | €2,450 | €4,344 | +€1,894 | +77.3% |
| Recurring financial charges | 65 | €2,450 | €4,344 | +€1,894 | +77.3% |
| Profit (loss) for the period before taxes | 9903 | €223,110 | €64,700 | -€158,410 | -71.0% |
| Income taxes | 67/77 | €68,349 | €15,194 | -€53,154 | -77.8% |
| Profit (loss) for the period | 9904 | €154,761 | €49,506 | -€105,255 | -68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €154,761 | €49,506 | -€105,255 | -68.0% |
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 9 October 2026 via checked.be.