IT HELPS: 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.
IT HELPS
Largest movements
- Cash -€15,796
down €15,796 (-97.5%), from €16,202 to €406
mainly Receivables within one year (-€14,064) and Trade debts (-€12,663)
- Receivables within one year +€14,064
up €14,064 (+12.5%), from €112,792 to €126,857
of which Other amounts receivable: +€24,400
- Tangible fixed assets -€3,475
down €3,475 (-17.0%), from €20,436 to €16,961
of which Land and buildings: -€3,216
- Short-term financial debts +€21,593
up €21,593 (+863.7%), from €2,500 to €24,093
of which Credit institutions: +€15,593
- Trade debts -€12,663
down €12,663 (-50.3%), from €25,166 to €12,503
- Tax, wage and social debts -€7,544
down €7,544 (-44.7%), from €16,862 to €9,317
- Reserves -€6,200
down €6,200 (-7.2%), from €86,254 to €80,054
of which Distributable reserves: -€4,340
- Gross operating margin -€37,302
down €37,302, from €30,965 to -€6,337
- Financial income +€6,131
new in 2024: €6,131
- Taxes -€4,443
new in 2024: -€4,443
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 | €149,802 | €144,595 | -€5,207 | -3.5% |
| Fixed assets | 21/28 | €20,808 | €17,333 | -€3,475 | -16.7% |
| Tangible fixed assets | 22/27 | €20,436 | €16,961 | -€3,475 | -17.0% |
| Land and buildings | 22 | €19,216 | €16,000 | -€3,216 | -16.7% |
| Plant, machinery and equipment | 23 | €1,221 | €961 | -€260 | -21.3% |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €128,994 | €127,262 | -€1,732 | -1.3% |
| Amounts receivable within one year | 40/41 | €112,792 | €126,857 | +€14,064 | +12.5% |
| Trade receivables | 40 | €26,604 | €16,268 | -€10,335 | -38.8% |
| Other amounts receivable | 41 | €86,189 | €110,588 | +€24,400 | +28.3% |
| Cash at bank and in hand | 54/58 | €16,202 | €406 | -€15,796 | -97.5% |
| Total equity and liabilities | 10/49 | €149,802 | €144,595 | -€5,207 | -3.5% |
| Equity | 10/15 | €105,274 | €98,681 | -€6,593 | -6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €86,254 | €80,054 | -€6,200 | -7.2% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €19,894 | €19,894 | = | 0.0% |
| Distributable reserves | 133 | €64,500 | €60,160 | -€4,340 | -6.7% |
| Profit (loss) carried forward | 14 | €420 | €28 | -€393 | -93.4% |
| Amounts payable | 17/49 | €44,528 | €45,914 | +€1,386 | +3.1% |
| Amounts payable within one year | 42/48 | €44,528 | €45,914 | +€1,386 | +3.1% |
| Financial debts | 43 | €2,500 | €24,093 | +€21,593 | +863.7% |
| Credit institutions | 430/8 | €2,500 | €18,093 | +€15,593 | +623.7% |
| Other loans | 439 | - | €6,000 | +€6,000 | |
| Trade debts | 44 | €25,166 | €12,503 | -€12,663 | -50.3% |
| Suppliers | 440/4 | €25,166 | €12,503 | -€12,663 | -50.3% |
| Taxes, remuneration and social security | 45 | €16,862 | €9,317 | -€7,544 | -44.7% |
| Taxes | 450/3 | €16,862 | €9,317 | -€7,544 | -44.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,569 | €3,475 | -€94 | -2.6% |
| Other operating charges | 640/8 | €487 | €506 | +€20 | +4.1% |
| Gross operating margin | 9900 | €30,965 | -€6,337 | -€37,302 | |
| Operating profit (loss) | 9901 | €26,910 | -€10,318 | -€37,228 | |
| Financial income | 75/76B | - | €6,131 | +€6,131 | |
| Recurring financial income | 75 | - | €6,131 | +€6,131 | |
| Financial charges | 65/66B | €1,963 | €1,795 | -€168 | -8.6% |
| Recurring financial charges | 65 | €1,963 | €1,795 | -€168 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €24,947 | -€5,983 | -€30,929 | |
| Income taxes | 67/77 | - | -€4,443 | -€4,443 | |
| Profit (loss) for the period | 9904 | €24,947 | -€1,539 | -€26,486 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,947 | -€1,539 | -€26,486 |
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.