IP Lands: 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.
IP Lands
Largest movements
- Cash -€267,870
down €267,870 (-99.7%), from €268,542 to €672
- Receivables after one year +€248,563
up €248,563 (+45.3%), from €548,276 to €796,839
- Stocks and contracts +€79,826
up €79,826 (+5.8%), from €1.4m to €1.5m
- Debts after one year +€337,500
up €337,500 (+20.3%), from €1.7m to €2.0m
of which Other amounts payable: +€337,500
- Current portion of long-term debt -€300,000
down €300,000 (-81.1%), from €370,000 to €70,000
- Financial charges -€53,263
down €53,263 (-97.8%), from €54,452 to €1,189
- Gross operating margin -€37,282
down €37,282 (-73.0%), from €51,067 to €13,786
- Financial income +€6,676
up €6,676 (+100.2%), from €6,663 to €13,340
- Taxes +€5,645
up €5,645 (+740.5%), from €762 to €6,407
- Other operating charges +€1,937
up €1,937 (+1776.9%), from €109 to €2,046
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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,201,384 | €2,261,526 | +€60,142 | +2.7% |
| Formation expenses | 20 | €1,363 | €985 | -€377 | -27.7% |
| Current assets | 29/58 | €2,200,021 | €2,260,541 | +€60,519 | +2.8% |
| Amounts receivable after more than one year | 29 | €548,276 | €796,839 | +€248,563 | +45.3% |
| Other amounts receivable | 291 | €548,276 | €796,839 | +€248,563 | +45.3% |
| Stocks and contracts in progress | 3 | €1,383,203 | €1,463,029 | +€79,826 | +5.8% |
| Stocks | 30/36 | €1,383,203 | €1,463,029 | +€79,826 | +5.8% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €268,542 | €672 | -€267,870 | -99.7% |
| Total equity and liabilities | 10/49 | €2,201,384 | €2,261,526 | +€60,142 | +2.7% |
| Equity | 10/15 | €171,513 | €188,619 | +€17,106 | +10.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €71,513 | €88,619 | +€17,106 | +23.9% |
| Distributable reserves | 133 | €71,513 | €88,619 | +€17,106 | +23.9% |
| Amounts payable | 17/49 | €2,029,871 | €2,072,907 | +€43,036 | +2.1% |
| Amounts payable after more than one year | 17 | €1,659,000 | €1,996,500 | +€337,500 | +20.3% |
| Financial debts | 170/4 | €1,469,000 | €1,469,000 | = | 0.0% |
| Other amounts payable | 178/9 | €190,000 | €527,500 | +€337,500 | +177.6% |
| Amounts payable within one year | 42/48 | €370,871 | €76,407 | -€294,464 | -79.4% |
| Current portion of amounts payable after more than one year | 42 | €370,000 | €70,000 | -€300,000 | -81.1% |
| Trade debts | 44 | €109 | €0 | -€109 | -100.0% |
| Suppliers | 440/4 | €109 | €0 | -€109 | -100.0% |
| Taxes, remuneration and social security | 45 | €762 | €6,407 | +€5,645 | +740.5% |
| Taxes | 450/3 | €762 | €6,407 | +€5,645 | +740.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €252 | €377 | +€126 | +50.0% |
| Other operating charges | 640/8 | €109 | €2,046 | +€1,937 | +1776.9% |
| Gross operating margin | 9900 | €51,067 | €13,786 | -€37,282 | -73.0% |
| Operating profit (loss) | 9901 | €50,707 | €11,363 | -€39,344 | -77.6% |
| Financial income | 75/76B | €6,663 | €13,340 | +€6,676 | +100.2% |
| Recurring financial income | 75 | €6,663 | €13,340 | +€6,676 | +100.2% |
| Financial charges | 65/66B | €54,452 | €1,189 | -€53,263 | -97.8% |
| Recurring financial charges | 65 | €54,452 | €1,189 | -€53,263 | -97.8% |
| Profit (loss) for the period before taxes | 9903 | €2,918 | €23,513 | +€20,595 | +705.8% |
| Income taxes | 67/77 | €762 | €6,407 | +€5,645 | +740.5% |
| Profit (loss) for the period | 9904 | €2,156 | €17,106 | +€14,950 | +693.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,156 | €17,106 | +€14,950 | +693.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.