IS Company: what changed
IS Company
Largest movements
- Receivables within one year +€380,858
up €380,858 (+423%), from €90,096 to €470,954
of which Trade receivables: +€215,999
- Deferred charges and accrued income -€27,400
no longer reported in 2024 (was €27,400)
- Cash -€26,595
down €26,595 (-86.6%), from €30,701 to €4,106
mainly Receivables within one year (-€380,858) and Other debts (-€32,369)
- Stocks and contracts +€20,548
new in 2024: €20,548
- Trade debts +€190,016
up €190,016 (+6,548%), from €2,902 to €192,918
- Contributions +€130,000
up €130,000 (+650%), from €20,000 to €150,000
- Profit (loss) carried forward +€62,659
up €62,659, from -€4,783 to €57,876
- Other debts -€32,369
down €32,369 (-86.4%), from €37,468 to €5,099
- Staff costs -€167,076
down €167,076 (-99.5%), from €167,845 to €769
- Gross operating margin -€86,648
down €86,648 (-50.1%), from €173,000 to €86,351
- Taxes +€21,109
up €21,109 (+3,884%), from €543 to €21,652
- Financial charges -€6,177
down €6,177 (-87.4%), from €7,064 to €887
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €165,942 | €513,353 | +€347,411 | +209% |
| Fixed assets | 21/28 | €17,746 | €17,746 | = | 0.0% |
| Tangible fixed assets | 22/27 | €17,746 | €17,746 | = | 0.0% |
| Land and buildings | 22 | €9,495 | €9,495 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,916 | €3,916 | = | 0.0% |
| Furniture and vehicles | 24 | €4,335 | €4,335 | = | 0.0% |
| Current assets | 29/58 | €148,197 | €495,608 | +€347,411 | +234% |
| Stocks and contracts in progress | 3 | - | €20,548 | +€20,548 | |
| Stocks | 30/36 | - | €20,548 | +€20,548 | |
| Amounts receivable within one year | 40/41 | €90,096 | €470,954 | +€380,858 | +423% |
| Trade receivables | 40 | €81,237 | €297,236 | +€215,999 | +266% |
| Other amounts receivable | 41 | €8,859 | €173,719 | +€164,859 | +1,861% |
| Cash at bank and in hand | 54/58 | €30,701 | €4,106 | -€26,595 | -86.6% |
| Deferred charges and accrued income | 490/1 | €27,400 | - | -€27,400 | |
| Total equity and liabilities | 10/49 | €165,942 | €513,353 | +€347,411 | +209% |
| Equity | 10/15 | €99,986 | €292,645 | +€192,659 | +193% |
| Contributions | 10/11 | €20,000 | €150,000 | +€130,000 | +650% |
| Contributions outside capital | 11 | €20,000 | €150,000 | +€130,000 | +650% |
| Share premium | 1100/10 | €20,000 | €150,000 | +€130,000 | +650% |
| Reserves | 13 | €84,769 | €84,769 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €82,769 | €82,769 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,783 | €57,876 | +€62,659 | |
| Amounts payable | 17/49 | €65,956 | €220,708 | +€154,752 | +235% |
| Amounts payable within one year | 42/48 | €65,956 | €220,708 | +€154,752 | +235% |
| Trade debts | 44 | €2,902 | €192,918 | +€190,016 | +6,548% |
| Suppliers | 440/4 | €2,902 | €192,918 | +€190,016 | +6,548% |
| Taxes, remuneration and social security | 45 | €25,586 | €22,690 | -€2,895 | -11.3% |
| Taxes | 450/3 | €25,586 | €22,690 | -€2,895 | -11.3% |
| Other amounts payable | 47/48 | €37,468 | €5,099 | -€32,369 | -86.4% |
| Remuneration, social security and pensions | 62 | €167,845 | €769 | -€167,076 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €977 | - | -€977 | |
| Other operating charges | 640/8 | €1,353 | €385 | -€969 | -71.6% |
| Gross operating margin | 9900 | €173,000 | €86,351 | -€86,648 | -50.1% |
| Operating profit (loss) | 9901 | €2,825 | €85,198 | +€82,373 | +2,916% |
| Financial charges | 65/66B | €7,064 | €887 | -€6,177 | -87.4% |
| Recurring financial charges | 65 | €7,064 | €887 | -€6,177 | -87.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,239 | €84,311 | +€88,550 | |
| Income taxes | 67/77 | €543 | €21,652 | +€21,109 | +3,884% |
| Profit (loss) for the period | 9904 | -€4,783 | €62,659 | +€67,442 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,783 | €62,659 | +€67,442 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.