ITnARCH: 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.
ITnARCH
Largest movements
- Receivables within one year -€48,652
down €48,652 (-90.6%), from €53,704 to €5,052
of which Other amounts receivable: -€31,148
- Tangible fixed assets -€5,720
down €5,720 (-29.5%), from €19,402 to €13,683
of which Land and buildings: -€5,000
- Cash +€4,587
up €4,587 (+45.5%), from €10,089 to €14,677
mainly Receivables within one year (+€48,652) and Depreciation (+€5,720)
- Deferred charges and accrued income -€2,559
down €2,559 (-22.0%), from €11,608 to €9,048
- Other debts -€33,855
down €33,855 (-99.3%), from €34,095 to €240
- Debts after one year -€6,667
down €6,667 (-44.4%), from €14,999 to €8,333
- Profit (loss) carried forward -€6,646
down €6,646, from €4,366 to -€2,279
- Tax, wage and social debts -€3,266
down €3,266 (-64.5%), from €5,066 to €1,800
of which Taxes: -€3,266
- Reserves -€1,860
down €1,860 (-12.0%), from €15,460 to €13,600
of which Distributable reserves: -€1,860
- Gross operating margin -€11,933
down €11,933, from €11,889 to -€43
- Other operating charges -€11,529
down €11,529 (-86.7%), from €13,291 to €1,761
- Write-downs +€4,297
no longer reported in 2024 (was -€4,297)
- Depreciation -€2,860
down €2,860 (-33.3%), from €8,579 to €5,720
- Financial income -€1,821
down €1,821 (-99.9%), from €1,823 to €2
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 | €94,803 | €42,460 | -€52,344 | -55.2% |
| Fixed assets | 21/28 | €19,402 | €13,683 | -€5,720 | -29.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €19,402 | €13,683 | -€5,720 | -29.5% |
| Land and buildings | 22 | €17,639 | €12,639 | -€5,000 | -28.3% |
| Furniture and vehicles | 24 | €1,763 | €1,043 | -€720 | -40.8% |
| Current assets | 29/58 | €75,401 | €28,777 | -€46,624 | -61.8% |
| Amounts receivable within one year | 40/41 | €53,704 | €5,052 | -€48,652 | -90.6% |
| Trade receivables | 40 | €18,586 | €1,082 | -€17,504 | -94.2% |
| Other amounts receivable | 41 | €35,119 | €3,971 | -€31,148 | -88.7% |
| Cash at bank and in hand | 54/58 | €10,089 | €14,677 | +€4,587 | +45.5% |
| Deferred charges and accrued income | 490/1 | €11,608 | €9,048 | -€2,559 | -22.0% |
| Total equity and liabilities | 10/49 | €94,803 | €42,460 | -€52,344 | -55.2% |
| Equity | 10/15 | €32,226 | €23,721 | -€8,506 | -26.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €15,460 | €13,600 | -€1,860 | -12.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €15,460 | €13,600 | -€1,860 | -12.0% |
| Profit (loss) carried forward | 14 | €4,366 | -€2,279 | -€6,646 | |
| Amounts payable | 17/49 | €62,577 | €18,739 | -€43,838 | -70.1% |
| Amounts payable after more than one year | 17 | €14,999 | €8,333 | -€6,667 | -44.4% |
| Financial debts | 170/4 | €14,999 | €8,333 | -€6,667 | -44.4% |
| Amounts payable within one year | 42/48 | €47,578 | €9,336 | -€38,241 | -80.4% |
| Current portion of amounts payable after more than one year | 42 | €6,667 | €6,667 | = | 0.0% |
| Financial debts | 43 | €0 | €23 | +€23 | |
| Credit institutions | 430/8 | €0 | €23 | +€23 | |
| Trade debts | 44 | €1,750 | €606 | -€1,144 | -65.4% |
| Suppliers | 440/4 | €1,750 | €606 | -€1,144 | -65.4% |
| Taxes, remuneration and social security | 45 | €5,066 | €1,800 | -€3,266 | -64.5% |
| Taxes | 450/3 | €5,066 | €1,800 | -€3,266 | -64.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €34,095 | €240 | -€33,855 | -99.3% |
| Accrued charges and deferred income | 492/3 | - | €1,070 | +€1,070 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,579 | €5,720 | -€2,860 | -33.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,297 | - | +€4,297 | |
| Other operating charges | 640/8 | €13,291 | €1,761 | -€11,529 | -86.7% |
| Gross operating margin | 9900 | €11,889 | -€43 | -€11,933 | |
| Operating profit (loss) | 9901 | -€5,683 | -€7,524 | -€1,841 | -32.4% |
| Financial income | 75/76B | €1,823 | €2 | -€1,821 | -99.9% |
| Recurring financial income | 75 | €1,823 | €2 | -€1,821 | -99.9% |
| Financial charges | 65/66B | €2,062 | €977 | -€1,084 | -52.6% |
| Recurring financial charges | 65 | €2,062 | €977 | -€1,084 | -52.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,922 | -€8,500 | -€2,577 | -43.5% |
| Income taxes | 67/77 | €248 | €6 | -€242 | -97.5% |
| Profit (loss) for the period | 9904 | -€6,170 | -€8,506 | -€2,336 | -37.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,170 | -€8,506 | -€2,336 | -37.9% |
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.