iTurbang: 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.
iTurbang
Largest movements
- Receivables within one year +€6,142
up €6,142 (+11.1%), from €55,534 to €61,676
of which Other amounts receivable: +€15,428
- Cash +€1,791
up €1,791 (+3.5%), from €51,561 to €53,351
mainly Net result for the year (+€19,558) and Other debts (+€5,882)
- Reserves +€13,700
up €13,700 (+19.1%), from €71,600 to €85,300
of which Distributable reserves: +€13,700
- Trade debts -€7,340
down €7,340 (-62.2%), from €11,791 to €4,452
- Other debts +€5,882
new in 2024: €5,882
- Tax, wage and social debts -€4,857
down €4,857 (-33.8%), from €14,364 to €9,507
- Gross operating margin -€37,413
down €37,413 (-52.5%), from €71,232 to €33,819
- Depreciation -€10,304
down €10,304 (-72.6%), from €14,194 to €3,890
- Taxes -€3,764
down €3,764 (-28.6%), from €13,146 to €9,382
- Other operating charges +€1,541
up €1,541 (+138%), from €1,114 to €2,655
- Financial income +€726
up €726 (+53.0%), from €1,370 to €2,096
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 | €117,632 | €125,557 | +€7,925 | +6.7% |
| Fixed assets | 21/28 | €7,049 | €6,557 | -€493 | -7.0% |
| Tangible fixed assets | 22/27 | €7,049 | €6,557 | -€493 | -7.0% |
| Furniture and vehicles | 24 | €5,288 | €5,236 | -€52 | -1.0% |
| Other tangible fixed assets | 26 | €1,761 | €1,321 | -€440 | -25.0% |
| Current assets | 29/58 | €110,583 | €119,000 | +€8,417 | +7.6% |
| Amounts receivable within one year | 40/41 | €55,534 | €61,676 | +€6,142 | +11.1% |
| Trade receivables | 40 | €28,750 | €19,465 | -€9,285 | -32.3% |
| Other amounts receivable | 41 | €26,784 | €42,212 | +€15,428 | +57.6% |
| Cash at bank and in hand | 54/58 | €51,561 | €53,351 | +€1,791 | +3.5% |
| Deferred charges and accrued income | 490/1 | €3,488 | €3,972 | +€484 | +13.9% |
| Total equity and liabilities | 10/49 | €117,632 | €125,557 | +€7,925 | +6.7% |
| Equity | 10/15 | €90,233 | €103,908 | +€13,675 | +15.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,600 | €85,300 | +€13,700 | +19.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €65,600 | €79,300 | +€13,700 | +20.9% |
| Profit (loss) carried forward | 14 | €33 | €8 | -€25 | -76.1% |
| Amounts payable | 17/49 | €27,399 | €21,649 | -€5,750 | -21.0% |
| Amounts payable within one year | 42/48 | €27,239 | €21,239 | -€6,000 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €1,084 | €1,398 | +€314 | +28.9% |
| Credit institutions | 430/8 | €1,084 | €1,398 | +€314 | +28.9% |
| Trade debts | 44 | €11,791 | €4,452 | -€7,340 | -62.2% |
| Suppliers | 440/4 | €11,791 | €4,452 | -€7,340 | -62.2% |
| Taxes, remuneration and social security | 45 | €14,364 | €9,507 | -€4,857 | -33.8% |
| Taxes | 450/3 | €14,364 | €9,507 | -€4,857 | -33.8% |
| Other amounts payable | 47/48 | - | €5,882 | +€5,882 | |
| Accrued charges and deferred income | 492/3 | €160 | €410 | +€250 | +156% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,194 | €3,890 | -€10,304 | -72.6% |
| Other operating charges | 640/8 | €1,114 | €2,655 | +€1,541 | +138% |
| Gross operating margin | 9900 | €71,232 | €33,819 | -€37,413 | -52.5% |
| Operating profit (loss) | 9901 | €55,924 | €27,273 | -€28,651 | -51.2% |
| Financial income | 75/76B | €1,370 | €2,096 | +€726 | +53.0% |
| Recurring financial income | 75 | €1,370 | €2,096 | +€726 | +53.0% |
| Financial charges | 65/66B | €419 | €430 | +€11 | +2.6% |
| Recurring financial charges | 65 | €419 | €430 | +€11 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €56,874 | €28,939 | -€27,935 | -49.1% |
| Income taxes | 67/77 | €13,146 | €9,382 | -€3,764 | -28.6% |
| Profit (loss) for the period | 9904 | €43,729 | €19,558 | -€24,171 | -55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,729 | €19,558 | -€24,171 | -55.3% |
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 14 October 2026 via checked.be.