ITALIAMORE: 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.
ITALIAMORE
Largest movements
- Tangible fixed assets +€4,842
up €4,842 (+1.6%), from €300,440 to €305,281
of which Furniture and vehicles: +€7,575
- Receivables within one year -€4,260
down €4,260 (-66.2%), from €6,437 to €2,177
of which Trade receivables: -€4,693
- Debts after one year -€10,480
down €10,480 (-3.1%), from €333,614 to €323,134
- Profit (loss) carried forward +€6,327
up €6,327 (+10.2%), from -€61,912 to -€55,586
- Tax, wage and social debts +€4,870
up €4,870 (+661%), from €736 to €5,607
of which Taxes: +€3,541
- Gross operating margin +€60,876
up €60,876 (+4,295%), from €1,417 to €62,293
- Other operating charges -€39,830
down €39,830 (-99.6%), from €39,970 to €141
- Staff costs +€22,188
new in 2024: €22,188
- Depreciation +€7,574
up €7,574 (+56.7%), from €13,355 to €20,929
- Financial charges +€2,703
up €2,703 (+27.0%), from €10,007 to €12,710
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 | €331,830 | €333,155 | +€1,325 | +0.4% |
| Fixed assets | 21/28 | €300,440 | €305,281 | +€4,842 | +1.6% |
| Tangible fixed assets | 22/27 | €300,440 | €305,281 | +€4,842 | +1.6% |
| Land and buildings | 22 | €40,682 | €46,954 | +€6,272 | +15.4% |
| Plant, machinery and equipment | 23 | €2,697 | €6,535 | +€3,838 | +142% |
| Furniture and vehicles | 24 | €11,914 | €19,488 | +€7,575 | +63.6% |
| Other tangible fixed assets | 26 | €245,148 | €232,304 | -€12,843 | -5.2% |
| Current assets | 29/58 | €31,390 | €27,873 | -€3,517 | -11.2% |
| Amounts receivable within one year | 40/41 | €6,437 | €2,177 | -€4,260 | -66.2% |
| Trade receivables | 40 | €5,232 | €539 | -€4,693 | -89.7% |
| Other amounts receivable | 41 | €1,204 | €1,638 | +€434 | +36.0% |
| Cash at bank and in hand | 54/58 | €24,954 | €25,697 | +€743 | +3.0% |
| Total equity and liabilities | 10/49 | €331,830 | €333,155 | +€1,325 | +0.4% |
| Equity | 10/15 | -€49,412 | -€43,086 | +€6,327 | +12.8% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,912 | -€55,586 | +€6,327 | +10.2% |
| Amounts payable | 17/49 | €381,242 | €376,241 | -€5,002 | -1.3% |
| Amounts payable after more than one year | 17 | €333,614 | €323,134 | -€10,480 | -3.1% |
| Financial debts | 170/4 | €333,614 | €323,134 | -€10,480 | -3.1% |
| Amounts payable within one year | 42/48 | €47,628 | €53,106 | +€5,478 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €24,200 | €26,480 | +€2,279 | +9.4% |
| Trade debts | 44 | €12,691 | €11,020 | -€1,672 | -13.2% |
| Suppliers | 440/4 | €12,691 | €11,020 | -€1,672 | -13.2% |
| Taxes, remuneration and social security | 45 | €736 | €5,607 | +€4,870 | +661% |
| Taxes | 450/3 | €736 | €4,277 | +€3,541 | +481% |
| Remuneration and social security | 454/9 | - | €1,329 | +€1,329 | |
| Other amounts payable | 47/48 | €10,000 | €10,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €22,188 | +€22,188 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,355 | €20,929 | +€7,574 | +56.7% |
| Other operating charges | 640/8 | €39,970 | €141 | -€39,830 | -99.6% |
| Gross operating margin | 9900 | €1,417 | €62,293 | +€60,876 | +4,295% |
| Operating profit (loss) | 9901 | -€51,907 | €19,037 | +€70,944 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Non-recurring financial income | 76B | €2 | - | -€2 | |
| Financial charges | 65/66B | €10,007 | €12,710 | +€2,703 | +27.0% |
| Recurring financial charges | 65 | €10,007 | €12,710 | +€2,703 | +27.0% |
| Profit (loss) for the period before taxes | 9903 | -€61,912 | €6,327 | +€68,239 | |
| Profit (loss) for the period | 9904 | -€61,912 | €6,327 | +€68,239 | |
| Profit (loss) for the period to be appropriated | 9905 | -€61,912 | €6,327 | +€68,239 |
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 21 October 2026 via checked.be.