IQ SERVICE: 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.
IQ SERVICE
Largest movements
- Receivables within one year +€209,143
up €209,143 (+53.4%), from €391,294 to €600,437
of which Trade receivables: +€125,521
- Tangible fixed assets -€37,202
down €37,202 (-24.3%), from €152,812 to €115,611
- Other debts +€219,313
up €219,313 (+137%), from €160,000 to €379,313
- Trade debts -€28,234
down €28,234 (-20.4%), from €138,280 to €110,045
- Tax, wage and social debts -€19,459
down €19,459 (-25.1%), from €77,466 to €58,006
of which Taxes: -€16,974
- Debts after one year -€19,245
down €19,245 (-48.6%), from €39,597 to €20,353
- Short-term financial debts +€10,353
up €10,353 (+2,085%), from €496 to €10,849
- Gross operating margin +€78,841
up €78,841 (+66.2%), from €119,153 to €197,994
- Taxes +€22,239
up €22,239 (+232%), from €9,595 to €31,834
- Staff costs +€11,476
up €11,476 (+14.0%), from €81,864 to €93,340
- Other operating charges -€10,975
down €10,975 (-65.7%), from €16,706 to €5,731
- Financial charges +€8,684
up €8,684 (+47.0%), from €18,470 to €27,154
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 | €557,095 | €731,479 | +€174,384 | +31.3% |
| Fixed assets | 21/28 | €153,206 | €116,004 | -€37,202 | -24.3% |
| Tangible fixed assets | 22/27 | €152,812 | €115,611 | -€37,202 | -24.3% |
| Furniture and vehicles | 24 | €46,219 | €27,931 | -€18,288 | -39.6% |
| Leasing and similar rights | 25 | €2,710 | €2,096 | -€614 | -22.7% |
| Other tangible fixed assets | 26 | €103,883 | €85,584 | -€18,299 | -17.6% |
| Financial fixed assets | 28 | €393 | €393 | = | 0.0% |
| Current assets | 29/58 | €403,890 | €615,475 | +€211,586 | +52.4% |
| Amounts receivable within one year | 40/41 | €391,294 | €600,437 | +€209,143 | +53.4% |
| Trade receivables | 40 | €36,357 | €161,878 | +€125,521 | +345% |
| Other amounts receivable | 41 | €354,937 | €438,559 | +€83,622 | +23.6% |
| Cash at bank and in hand | 54/58 | €383 | €1,254 | +€871 | +227% |
| Deferred charges and accrued income | 490/1 | €12,212 | €13,784 | +€1,572 | +12.9% |
| Total equity and liabilities | 10/49 | €557,095 | €731,479 | +€174,384 | +31.3% |
| Equity | 10/15 | €123,059 | €131,914 | +€8,855 | +7.2% |
| Contributions | 10/11 | €7,302 | €7,302 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,897 | €122,752 | +€8,855 | +7.8% |
| Amounts payable | 17/49 | €434,036 | €599,565 | +€165,529 | +38.1% |
| Amounts payable after more than one year | 17 | €39,597 | €20,353 | -€19,245 | -48.6% |
| Financial debts | 170/4 | €39,597 | €20,353 | -€19,245 | -48.6% |
| Amounts payable within one year | 42/48 | €394,439 | €577,458 | +€183,019 | +46.4% |
| Current portion of amounts payable after more than one year | 42 | €18,197 | €19,245 | +€1,048 | +5.8% |
| Financial debts | 43 | €496 | €10,849 | +€10,353 | +2,085% |
| Credit institutions | 430/8 | €496 | €10,849 | +€10,353 | +2,085% |
| Trade debts | 44 | €138,280 | €110,045 | -€28,234 | -20.4% |
| Suppliers | 440/4 | €138,280 | €110,045 | -€28,234 | -20.4% |
| Taxes, remuneration and social security | 45 | €77,466 | €58,006 | -€19,459 | -25.1% |
| Taxes | 450/3 | €58,404 | €41,429 | -€16,974 | -29.1% |
| Remuneration and social security | 454/9 | €19,062 | €16,577 | -€2,485 | -13.0% |
| Other amounts payable | 47/48 | €160,000 | €379,313 | +€219,313 | +137% |
| Accrued charges and deferred income | 492/3 | - | €1,754 | +€1,754 | |
| Non-recurring operating income | 76A | €11,345 | €20,436 | +€9,091 | +80.1% |
| Remuneration, social security and pensions | 62 | €81,864 | €93,340 | +€11,476 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,043 | €31,857 | -€186 | -0.6% |
| Other operating charges | 640/8 | €16,706 | €5,731 | -€10,975 | -65.7% |
| Gross operating margin | 9900 | €119,153 | €197,994 | +€78,841 | +66.2% |
| Operating profit (loss) | 9901 | -€11,460 | €67,066 | +€78,526 | |
| Financial income | 75/76B | €146 | €777 | +€631 | +433% |
| Recurring financial income | 75 | €146 | €777 | +€631 | +433% |
| Financial charges | 65/66B | €18,470 | €27,154 | +€8,684 | +47.0% |
| Recurring financial charges | 65 | €18,470 | €27,154 | +€8,684 | +47.0% |
| Profit (loss) for the period before taxes | 9903 | -€29,784 | €40,689 | +€70,473 | |
| Income taxes | 67/77 | €9,595 | €31,834 | +€22,239 | +232% |
| Profit (loss) for the period | 9904 | -€39,380 | €8,855 | +€48,234 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,380 | €8,855 | +€48,234 |
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 1 November 2026 via checked.be.