Itsalright: 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.
Itsalright
Largest movements
- Financial fixed assets +€3.9m
up €3.9m (+3,874%), from €100,000 to €4.0m
- Cash +€459,142
up €459,142 (+1,465%), from €31,342 to €490,484
mainly Net result for the year (+€6.0m) and Tax, wage and social debts (+€239,196)
- Deferred charges and accrued income -€47,337
down €47,337 (-90.5%), from €52,285 to €4,949
- Reserves +€4.1m
up €4.1m (+2,147%), from €188,762 to €4.2m
of which Distributable reserves: +€4.1m
- Tax, wage and social debts +€239,196
up €239,196 (+2,160%), from €11,071 to €250,268
of which Taxes: +€239,196
- Financial income +€6.1m
up €6.1m (+12,447%), from €48,732 to €6.1m
- Gross operating margin -€142,982
down €142,982, from €32,403 to -€110,579
- Taxes -€6,791
down €6,791 (-93.7%), from €7,250 to €458
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 | €220,687 | €4,513,691 | +€4.3m | +1,945% |
| Fixed assets | 21/28 | €106,003 | €3,979,762 | +€3.9m | +3,654% |
| Tangible fixed assets | 22/27 | €6,003 | €5,376 | -€627 | -10.5% |
| Furniture and vehicles | 24 | €86 | €2,138 | +€2,052 | +2,390% |
| Other tangible fixed assets | 26 | €5,917 | €3,238 | -€2,680 | -45.3% |
| Financial fixed assets | 28 | €100,000 | €3,974,386 | +€3.9m | +3,874% |
| Current assets | 29/58 | €114,684 | €533,930 | +€419,246 | +366% |
| Amounts receivable within one year | 40/41 | €31,056 | €38,497 | +€7,440 | +24.0% |
| Trade receivables | 40 | €18,924 | €0 | -€18,924 | -100% |
| Other amounts receivable | 41 | €12,132 | €38,497 | +€26,365 | +217% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €31,342 | €490,484 | +€459,142 | +1,465% |
| Deferred charges and accrued income | 490/1 | €52,285 | €4,949 | -€47,337 | -90.5% |
| Total equity and liabilities | 10/49 | €220,687 | €4,513,691 | +€4.3m | +1,945% |
| Equity | 10/15 | €207,312 | €4,259,313 | +€4.1m | +1,955% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €188,762 | €4,240,763 | +€4.1m | +2,147% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €188,762 | €4,240,763 | +€4.1m | +2,147% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €13,375 | €254,378 | +€241,003 | +1,802% |
| Amounts payable within one year | 42/48 | €13,375 | €254,178 | +€240,803 | +1,800% |
| Trade debts | 44 | €2,304 | €3,911 | +€1,607 | +69.8% |
| Suppliers | 440/4 | €2,304 | €3,911 | +€1,607 | +69.8% |
| Taxes, remuneration and social security | 45 | €11,071 | €250,268 | +€239,196 | +2,160% |
| Taxes | 450/3 | €11,071 | €250,268 | +€239,196 | +2,160% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | €200 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,659 | €2,942 | -€717 | -19.6% |
| Other operating charges | 640/8 | €1,642 | €1,144 | -€499 | -30.4% |
| Gross operating margin | 9900 | €32,403 | -€110,579 | -€142,982 | |
| Operating profit (loss) | 9901 | €27,102 | -€114,665 | -€141,767 | |
| Financial income | 75/76B | €48,732 | €6,114,418 | +€6.1m | +12,447% |
| Recurring financial income | 75 | €48,732 | €6,114,418 | +€6.1m | +12,447% |
| Financial charges | 65/66B | €110 | €235 | +€125 | +114% |
| Recurring financial charges | 65 | €110 | €235 | +€125 | +114% |
| Profit (loss) for the period before taxes | 9903 | €75,724 | €5,999,518 | +€5.9m | +7,823% |
| Income taxes | 67/77 | €7,250 | €458 | -€6,791 | -93.7% |
| Profit (loss) for the period | 9904 | €68,474 | €5,999,060 | +€5.9m | +8,661% |
| Profit (loss) for the period to be appropriated | 9905 | €68,474 | €5,999,060 | +€5.9m | +8,661% |
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 15 October 2026 via checked.be.