ISWITCH: 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.
ISWITCH
Largest movements
- Receivables within one year -€2,388
down €2,388 (-9.5%), from €25,176 to €22,788
- Profit (loss) carried forward -€1,512
down €1,512 (-40.2%), from €3,762 to €2,250
- Trade debts -€902
no longer reported in 2024 (was €902)
- Gross operating margin -€3,586
down €3,586, from €776 to -€2,810
- Financial income +€788
up €788 (+118.4%), from €665 to €1,453
- Financial charges -€204
down €204 (-56.7%), from €359 to €156
- Taxes -€95
no longer reported in 2024 (was €95)
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 | €25,219 | €22,805 | -€2,414 | -9.6% |
| Current assets | 29/58 | €25,219 | €22,805 | -€2,414 | -9.6% |
| Amounts receivable within one year | 40/41 | €25,176 | €22,788 | -€2,388 | -9.5% |
| Other amounts receivable | 41 | €25,176 | €22,788 | -€2,388 | -9.5% |
| Cash at bank and in hand | 54/58 | €43 | €17 | -€26 | -60.1% |
| Total equity and liabilities | 10/49 | €25,219 | €22,805 | -€2,414 | -9.6% |
| Equity | 10/15 | €24,222 | €22,710 | -€1,512 | -6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | €3,762 | €2,250 | -€1,512 | -40.2% |
| Amounts payable | 17/49 | €997 | €95 | -€902 | -90.5% |
| Amounts payable within one year | 42/48 | €997 | €95 | -€902 | -90.5% |
| Trade debts | 44 | €902 | - | -€902 | |
| Suppliers | 440/4 | €902 | - | -€902 | |
| Taxes, remuneration and social security | 45 | €95 | €95 | = | 0.0% |
| Taxes | 450/3 | €95 | €95 | = | 0.0% |
| Gross operating margin | 9900 | €776 | -€2,810 | -€3,586 | |
| Operating profit (loss) | 9901 | €776 | -€2,810 | -€3,586 | |
| Financial income | 75/76B | €665 | €1,453 | +€788 | +118.4% |
| Recurring financial income | 75 | €665 | €1,453 | +€788 | +118.4% |
| Financial charges | 65/66B | €359 | €156 | -€204 | -56.7% |
| Recurring financial charges | 65 | €359 | €156 | -€204 | -56.7% |
| Profit (loss) for the period before taxes | 9903 | €1,082 | -€1,512 | -€2,594 | |
| Income taxes | 67/77 | €95 | - | -€95 | |
| Profit (loss) for the period | 9904 | €987 | -€1,512 | -€2,499 | |
| Profit (loss) for the period to be appropriated | 9905 | €987 | -€1,512 | -€2,499 |
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 29 September 2026 via checked.be.