IPMS+: 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.
IPMS+
Largest movements
- Cash +€12,017
up €12,017 (+105.2%), from €11,418 to €23,434
mainly Receivables within one year (+€9,373) and Tax, wage and social debts (+€3,070)
- Receivables within one year -€9,373
down €9,373 (-100.0%), from €9,373 to €0
- Stocks and contracts +€6,750
new in 2024: €6,750
- Tangible fixed assets -€1,252
down €1,252 (-36.7%), from €3,408 to €2,156
- Tax, wage and social debts +€3,070
up €3,070 (+47.2%), from €6,507 to €9,577
- Other debts +€2,668
new in 2024: €2,668
- Reserves +€2,406
up €2,406 (+16.4%), from €14,635 to €17,041
- Gross operating margin -€14,233
down €14,233 (-66.9%), from €21,288 to €7,055
- Taxes -€2,817
down €2,817 (-60.4%), from €4,666 to €1,848
- Depreciation +€904
up €904 (+259.2%), from €349 to €1,252
- Other operating charges -€408
down €408 (-22.0%), from €1,857 to €1,449
- Financial income -€247
down €247 (-100.0%), from €247 to €0
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 | €25,199 | €33,340 | +€8,141 | +32.3% |
| Fixed assets | 21/28 | €4,408 | €3,156 | -€1,252 | -28.4% |
| Tangible fixed assets | 22/27 | €3,408 | €2,156 | -€1,252 | -36.7% |
| Furniture and vehicles | 24 | €3,408 | €2,156 | -€1,252 | -36.7% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €20,791 | €30,184 | +€9,394 | +45.2% |
| Stocks and contracts in progress | 3 | - | €6,750 | +€6,750 | |
| Stocks | 30/36 | - | €6,750 | +€6,750 | |
| Amounts receivable within one year | 40/41 | €9,373 | €0 | -€9,373 | -100.0% |
| Other amounts receivable | 41 | €9,373 | €0 | -€9,373 | -100.0% |
| Cash at bank and in hand | 54/58 | €11,418 | €23,434 | +€12,017 | +105.2% |
| Total equity and liabilities | 10/49 | €25,199 | €33,340 | +€8,141 | +32.3% |
| Equity | 10/15 | €16,135 | €18,541 | +€2,406 | +14.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €14,635 | €17,041 | +€2,406 | +16.4% |
| Distributable reserves | 133 | €14,635 | €17,041 | +€2,406 | +16.4% |
| Amounts payable | 17/49 | €9,064 | €14,800 | +€5,736 | +63.3% |
| Amounts payable within one year | 42/48 | €9,064 | €14,800 | +€5,736 | +63.3% |
| Trade debts | 44 | €2,557 | €2,554 | -€3 | -0.1% |
| Suppliers | 440/4 | €2,557 | €2,554 | -€3 | -0.1% |
| Taxes, remuneration and social security | 45 | €6,507 | €9,577 | +€3,070 | +47.2% |
| Taxes | 450/3 | €6,507 | €9,577 | +€3,070 | +47.2% |
| Other amounts payable | 47/48 | - | €2,668 | +€2,668 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €349 | €1,252 | +€904 | +259.2% |
| Other operating charges | 640/8 | €1,857 | €1,449 | -€408 | -22.0% |
| Gross operating margin | 9900 | €21,288 | €7,055 | -€14,233 | -66.9% |
| Operating profit (loss) | 9901 | €19,082 | €4,354 | -€14,728 | -77.2% |
| Financial income | 75/76B | €247 | €0 | -€247 | -100.0% |
| Recurring financial income | 75 | €247 | €0 | -€247 | -100.0% |
| Financial charges | 65/66B | €29 | €100 | +€71 | +246.8% |
| Recurring financial charges | 65 | €29 | €100 | +€71 | +246.8% |
| Profit (loss) for the period before taxes | 9903 | €19,300 | €4,254 | -€15,046 | -78.0% |
| Income taxes | 67/77 | €4,666 | €1,848 | -€2,817 | -60.4% |
| Profit (loss) for the period | 9904 | €14,635 | €2,406 | -€12,229 | -83.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,635 | €2,406 | -€12,229 | -83.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.