IP METRO: 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.
IP METRO
Largest movements
- Intangible fixed assets -€182,088
down €182,088 (-34.6%), from €526,143 to €344,055
- Receivables within one year -€11,475
down €11,475 (-37.7%), from €30,462 to €18,987
of which Trade receivables: -€9,052
- Cash -€7,478
down €7,478 (-46.7%), from €16,011 to €8,533
mainly Net result for the year (-€370,601) and Investment in fixed assets (net) (-€73,788)
- Profit (loss) carried forward -€370,601
down €370,601 (-51.1%), from -€725,099 to -€1.1m
- Other debts +€250,000
up €250,000 (+100%), from €250,000 to €500,000
- Short-term financial debts -€59,529
down €59,529 (-22.7%), from €262,478 to €202,949
- Trade debts -€36,196
down €36,196 (-9.8%), from €369,756 to €333,560
- Accrued charges and deferred income +€15,289
up €15,289, from €0 to €15,289
- Depreciation +€53,300
up €53,300 (+26.3%), from €202,575 to €255,876
- Gross operating margin -€49,456
down €49,456 (-95.9%), from -€51,582 to -€101,037
- Financial charges +€3,923
up €3,923 (+43.4%), from €9,046 to €12,969
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 | €579,551 | €378,514 | -€201,037 | -34.7% |
| Fixed assets | 21/28 | €532,143 | €350,055 | -€182,088 | -34.2% |
| Intangible fixed assets | 21 | €526,143 | €344,055 | -€182,088 | -34.6% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €47,408 | €28,459 | -€18,949 | -40.0% |
| Amounts receivable within one year | 40/41 | €30,462 | €18,987 | -€11,475 | -37.7% |
| Trade receivables | 40 | €24,765 | €15,712 | -€9,052 | -36.6% |
| Other amounts receivable | 41 | €5,697 | €3,274 | -€2,423 | -42.5% |
| Cash at bank and in hand | 54/58 | €16,011 | €8,533 | -€7,478 | -46.7% |
| Deferred charges and accrued income | 490/1 | €935 | €939 | +€5 | +0.5% |
| Total equity and liabilities | 10/49 | €579,551 | €378,514 | -€201,037 | -34.7% |
| Equity | 10/15 | -€302,683 | -€673,284 | -€370,601 | -122% |
| Contributions | 10/11 | €380,451 | €380,451 | = | 0.0% |
| Reserves | 13 | €41,965 | €41,965 | = | 0.0% |
| Distributable reserves | 133 | €41,965 | €41,965 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€725,099 | -€1,095,700 | -€370,601 | -51.1% |
| Amounts payable | 17/49 | €882,234 | €1,051,798 | +€169,564 | +19.2% |
| Amounts payable within one year | 42/48 | €882,234 | €1,036,509 | +€154,275 | +17.5% |
| Financial debts | 43 | €262,478 | €202,949 | -€59,529 | -22.7% |
| Credit institutions | 430/8 | €262,478 | €202,949 | -€59,529 | -22.7% |
| Trade debts | 44 | €369,756 | €333,560 | -€36,196 | -9.8% |
| Suppliers | 440/4 | €369,756 | €333,560 | -€36,196 | -9.8% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €250,000 | €500,000 | +€250,000 | +100% |
| Accrued charges and deferred income | 492/3 | €0 | €15,289 | +€15,289 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €202,575 | €255,876 | +€53,300 | +26.3% |
| Other operating charges | 640/8 | €693 | €723 | +€31 | +4.4% |
| Gross operating margin | 9900 | -€51,582 | -€101,037 | -€49,456 | -95.9% |
| Operating profit (loss) | 9901 | -€254,850 | -€357,636 | -€102,787 | -40.3% |
| Financial income | 75/76B | €0 | €4 | +€4 | |
| Recurring financial income | 75 | €0 | €4 | +€4 | |
| Financial charges | 65/66B | €9,046 | €12,969 | +€3,923 | +43.4% |
| Recurring financial charges | 65 | €9,046 | €12,969 | +€3,923 | +43.4% |
| Profit (loss) for the period before taxes | 9903 | -€263,896 | -€370,601 | -€106,706 | -40.4% |
| Profit (loss) for the period | 9904 | -€263,896 | -€370,601 | -€106,706 | -40.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€263,896 | -€370,601 | -€106,706 | -40.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.