IVAN STYLE DECOR: 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.
IVAN STYLE DECOR
Largest movements
- Tangible fixed assets -€1,647
down €1,647 (-71.3%), from €2,309 to €662
of which Furniture and vehicles: -€1,426
- Receivables within one year +€1,284
up €1,284 (+7.7%), from €16,755 to €18,039
of which Other amounts receivable: +€2,027
- Other debts -€435
down €435 (-6.1%), from €7,073 to €6,638
- Purchases and services +€22,719
up €22,719 (+51.2%), from €44,394 to €67,113
- Turnover +€21,737
up €21,737 (+45.5%), from €47,821 to €69,558
- Gross operating margin -€982
down €982 (-28.6%), from €3,427 to €2,445
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 | €19,112 | €18,823 | -€289 | -1.5% |
| Fixed assets | 21/28 | €2,309 | €662 | -€1,647 | -71.3% |
| Tangible fixed assets | 22/27 | €2,309 | €662 | -€1,647 | -71.3% |
| Plant, machinery and equipment | 23 | €883 | €662 | -€221 | -25.0% |
| Furniture and vehicles | 24 | €1,426 | - | -€1,426 | |
| Current assets | 29/58 | €16,803 | €18,161 | +€1,357 | +8.1% |
| Amounts receivable within one year | 40/41 | €16,755 | €18,039 | +€1,284 | +7.7% |
| Trade receivables | 40 | €16,755 | €16,012 | -€743 | -4.4% |
| Other amounts receivable | 41 | - | €2,027 | +€2,027 | |
| Cash at bank and in hand | 54/58 | €48 | €121 | +€74 | +154% |
| Total equity and liabilities | 10/49 | €19,112 | €18,823 | -€289 | -1.5% |
| Equity | 10/15 | €7,918 | €8,031 | +€113 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €878 | €878 | = | 0.0% |
| Non-distributable reserves | 130/1 | €878 | €878 | = | 0.0% |
| Legal reserve | 130 | €878 | €878 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,561 | -€11,448 | +€113 | +1.0% |
| Amounts payable | 17/49 | €11,195 | €10,792 | -€402 | -3.6% |
| Amounts payable within one year | 42/48 | €11,195 | €10,792 | -€402 | -3.6% |
| Trade debts | 44 | €271 | €304 | +€33 | +12.1% |
| Suppliers | 440/4 | €271 | €304 | +€33 | +12.1% |
| Taxes, remuneration and social security | 45 | €3,850 | €3,850 | = | 0.0% |
| Taxes | 450/3 | €858 | €858 | = | 0.0% |
| Remuneration and social security | 454/9 | €2,993 | €2,993 | = | 0.0% |
| Other amounts payable | 47/48 | €7,073 | €6,638 | -€435 | -6.1% |
| Turnover | 70 | €47,821 | €69,558 | +€21,737 | +45.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €44,394 | €67,113 | +€22,719 | +51.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,004 | €1,647 | -€358 | -17.9% |
| Other operating charges | 640/8 | - | €686 | +€686 | |
| Gross operating margin | 9900 | €3,427 | €2,445 | -€982 | -28.6% |
| Operating profit (loss) | 9901 | €1,423 | €113 | -€1,310 | -92.1% |
| Financial charges | 65/66B | €256 | - | -€256 | |
| Recurring financial charges | 65 | €256 | - | -€256 | |
| Profit (loss) for the period before taxes | 9903 | €1,166 | €113 | -€1,053 | -90.3% |
| Income taxes | 67/77 | €324 | - | -€324 | |
| Profit (loss) for the period | 9904 | €842 | €113 | -€729 | -86.6% |
| Profit (loss) for the period to be appropriated | 9905 | €842 | €113 | -€729 | -86.6% |
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 18 October 2026 via checked.be.