IPRATECH: 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.
IPRATECH
Largest movements
- Tangible fixed assets +€150,547
up €150,547 (+267.5%), from €56,277 to €206,824
- Stocks and contracts +€115,820
up €115,820 (+29.6%), from €390,941 to €506,761
- Receivables within one year -€58,667
down €58,667 (-7.7%), from €762,670 to €704,002
of which Other amounts receivable: -€124,589
- Intangible fixed assets +€44,476
up €44,476 (+42.9%), from €103,587 to €148,063
- Trade debts -€196,903
down €196,903 (-58.2%), from €338,082 to €141,179
- Short-term financial debts +€192,612
up €192,612 (+93.5%), from €206,000 to €398,612
of which Credit institutions: +€348,612
- Reserves +€130,608
up €130,608 (+36.1%), from €361,428 to €492,036
of which Distributable reserves: +€124,078
- Debts after one year +€104,268
up €104,268 (+894.9%), from €11,651 to €115,920
- Other debts -€101,877
down €101,877 (-43.9%), from €231,857 to €129,980
- Gross operating margin +€294,289
up €294,289 (+42.9%), from €685,688 to €979,977
- Staff costs +€201,502
up €201,502 (+40.3%), from €500,023 to €701,525
- Depreciation +€138,686
up €138,686 (+91.8%), from €151,093 to €289,779
- Financial income +€66,767
up €66,767 (+60.6%), from €110,210 to €176,977
of which Financial income: +€68,368
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 | €2,335,062 | €2,599,471 | +€264,408 | +11.3% |
| Fixed assets | 21/28 | €1,109,452 | €1,304,475 | +€195,023 | +17.6% |
| Intangible fixed assets | 21 | €103,587 | €148,063 | +€44,476 | +42.9% |
| Tangible fixed assets | 22/27 | €56,277 | €206,824 | +€150,547 | +267.5% |
| Plant, machinery and equipment | 23 | €5,395 | €68,426 | +€63,031 | +1168.3% |
| Furniture and vehicles | 24 | €9,793 | €4,699 | -€5,094 | -52.0% |
| Other tangible fixed assets | 26 | - | €31,835 | +€31,835 | |
| Assets under construction and advance payments | 27 | €41,088 | €101,863 | +€60,775 | +147.9% |
| Financial fixed assets | 28 | €949,588 | €949,588 | = | 0.0% |
| Current assets | 29/58 | €1,225,610 | €1,294,996 | +€69,386 | +5.7% |
| Stocks and contracts in progress | 3 | €390,941 | €506,761 | +€115,820 | +29.6% |
| Stocks | 30/36 | €390,941 | €506,761 | +€115,820 | +29.6% |
| Amounts receivable within one year | 40/41 | €762,670 | €704,002 | -€58,667 | -7.7% |
| Trade receivables | 40 | €291,631 | €357,553 | +€65,922 | +22.6% |
| Other amounts receivable | 41 | €471,039 | €346,450 | -€124,589 | -26.4% |
| Current investments | 50/53 | €64,605 | €64,605 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,846 | €19,628 | +€13,782 | +235.8% |
| Deferred charges and accrued income | 490/1 | €1,548 | - | -€1,548 | |
| Total equity and liabilities | 10/49 | €2,335,062 | €2,599,471 | +€264,408 | +11.3% |
| Equity | 10/15 | €1,338,828 | €1,455,788 | +€116,959 | +8.7% |
| Contributions | 10/11 | €865,000 | €865,000 | = | 0.0% |
| Capital | 10 | €865,000 | €865,000 | = | 0.0% |
| Issued capital | 100 | €865,000 | €865,000 | = | 0.0% |
| Reserves | 13 | €361,428 | €492,036 | +€130,608 | +36.1% |
| Non-distributable reserves | 130/1 | €88,318 | €94,848 | +€6,530 | +7.4% |
| Legal reserve | 130 | €23,713 | €30,243 | +€6,530 | +27.5% |
| Own shares acquired | 1312 | €64,605 | €64,605 | = | 0.0% |
| Distributable reserves | 133 | €273,110 | €397,187 | +€124,078 | +45.4% |
| Investment grants | 15 | €112,401 | €98,752 | -€13,649 | -12.1% |
| Amounts payable | 17/49 | €996,234 | €1,143,683 | +€147,449 | +14.8% |
| Amounts payable after more than one year | 17 | €11,651 | €115,920 | +€104,268 | +894.9% |
| Financial debts | 170/4 | €11,651 | €115,920 | +€104,268 | +894.9% |
| Amounts payable within one year | 42/48 | €981,346 | €1,022,733 | +€41,387 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €22,881 | €86,260 | +€63,379 | +277.0% |
| Financial debts | 43 | €206,000 | €398,612 | +€192,612 | +93.5% |
| Credit institutions | 430/8 | - | €348,612 | +€348,612 | |
| Other loans | 439 | €206,000 | €50,000 | -€156,000 | -75.7% |
| Trade debts | 44 | €338,082 | €141,179 | -€196,903 | -58.2% |
| Suppliers | 440/4 | €338,082 | €141,179 | -€196,903 | -58.2% |
| Taxes, remuneration and social security | 45 | €182,526 | €266,703 | +€84,177 | +46.1% |
| Taxes | 450/3 | €11,878 | €61,474 | +€49,596 | +417.5% |
| Remuneration and social security | 454/9 | €170,648 | €205,229 | +€34,581 | +20.3% |
| Other amounts payable | 47/48 | €231,857 | €129,980 | -€101,877 | -43.9% |
| Accrued charges and deferred income | 492/3 | €3,236 | €5,030 | +€1,793 | +55.4% |
| Remuneration, social security and pensions | 62 | €500,023 | €701,525 | +€201,502 | +40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151,093 | €289,779 | +€138,686 | +91.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,718 | - | +€1,718 | |
| Other operating charges | 640/8 | €2,932 | €1,531 | -€1,401 | -47.8% |
| Non-recurring operating charges | 66A | €3,150 | - | -€3,150 | |
| Gross operating margin | 9900 | €685,688 | €979,977 | +€294,289 | +42.9% |
| Operating profit (loss) | 9901 | €30,208 | -€12,858 | -€43,067 | |
| Financial income | 75/76B | €110,210 | €176,977 | +€66,767 | +60.6% |
| Recurring financial income | 75 | €108,608 | €176,977 | +€68,368 | +62.9% |
| Non-recurring financial income | 76B | €1,602 | - | -€1,602 | |
| Financial charges | 65/66B | €33,979 | €35,743 | +€1,764 | +5.2% |
| Recurring financial charges | 65 | €33,979 | €35,743 | +€1,764 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €106,438 | €128,375 | +€21,937 | +20.6% |
| Income taxes | 67/77 | -€11,317 | -€2,233 | +€9,084 | +80.3% |
| Profit (loss) for the period | 9904 | €117,756 | €130,608 | +€12,852 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €117,756 | €130,608 | +€12,852 | +10.9% |
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 6 October 2026 via checked.be.