IPANEMA: 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.
IPANEMA
Largest movements
- Receivables within one year +€147,920
up €147,920 (+79.9%), from €185,170 to €333,090
- Cash -€5,889
down €5,889 (-46.5%), from €12,670 to €6,781
mainly Receivables within one year (-€147,920) and Net result for the year (-€2,440)
- Debts after one year +€143,250
up €143,250 (+120%), from €119,250 to €262,500
- Gross operating margin -€913
down €913 (-109%), from -€835 to -€1,748
- Other operating charges -€247
down €247 (-27.7%), from €892 to €645
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 | €215,340 | €357,371 | +€142,031 | +66.0% |
| Fixed assets | 21/28 | €17,500 | €17,500 | = | 0.0% |
| Financial fixed assets | 28 | €17,500 | €17,500 | = | 0.0% |
| Current assets | 29/58 | €197,840 | €339,871 | +€142,031 | +71.8% |
| Amounts receivable within one year | 40/41 | €185,170 | €333,090 | +€147,920 | +79.9% |
| Other amounts receivable | 41 | €185,170 | €333,090 | +€147,920 | +79.9% |
| Cash at bank and in hand | 54/58 | €12,670 | €6,781 | -€5,889 | -46.5% |
| Total equity and liabilities | 10/49 | €215,340 | €357,371 | +€142,031 | +66.0% |
| Equity | 10/15 | €35,283 | €32,843 | -€2,440 | -6.9% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €80,291 | €80,291 | = | 0.0% |
| Tax-exempt reserves | 132 | €80,291 | €80,291 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,797 | -€72,237 | -€2,440 | -3.5% |
| Provisions and deferred taxes | 16 | €33,726 | €33,726 | = | 0.0% |
| Deferred taxes | 168 | €33,726 | €33,726 | = | 0.0% |
| Amounts payable | 17/49 | €146,331 | €290,802 | +€144,470 | +98.7% |
| Amounts payable after more than one year | 17 | €119,250 | €262,500 | +€143,250 | +120% |
| Financial debts | 170/4 | €119,250 | €262,500 | +€143,250 | +120% |
| Amounts payable within one year | 42/48 | €27,081 | €28,302 | +€1,220 | +4.5% |
| Trade debts | 44 | €2,081 | €3,302 | +€1,220 | +58.6% |
| Suppliers | 440/4 | €2,081 | €3,302 | +€1,220 | +58.6% |
| Other amounts payable | 47/48 | €25,000 | €25,000 | = | 0.0% |
| Other operating charges | 640/8 | €892 | €645 | -€247 | -27.7% |
| Gross operating margin | 9900 | -€835 | -€1,748 | -€913 | -109% |
| Operating profit (loss) | 9901 | -€1,727 | -€2,394 | -€666 | -38.6% |
| Financial charges | 65/66B | €47 | €46 | -€0 | -0.8% |
| Recurring financial charges | 65 | €47 | €46 | -€0 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,774 | -€2,440 | -€666 | -37.5% |
| Profit (loss) for the period | 9904 | -€1,774 | -€2,440 | -€666 | -37.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,774 | -€2,440 | -€666 | -37.5% |
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 15 October 2026 via checked.be.