IVANOVV: 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.
IVANOVV
Largest movements
- Cash +€16,728
up €16,728 (+1,039%), from €1,611 to €18,339
mainly Other debts (+€74,766) and Contributions, distributions and other (+€10,100)
- Receivables within one year +€13,082
up €13,082 (+7.2%), from €181,187 to €194,269
of which Trade receivables: +€38,439
- Other debts +€74,766
up €74,766 (+12,754%), from €586 to €75,353
- Trade debts -€26,354
down €26,354 (-19.0%), from €138,593 to €112,239
- Tax, wage and social debts -€11,894
down €11,894 (-28.8%), from €41,348 to €29,454
of which Taxes: -€13,545
- Contributions +€10,100
up €10,100 (+119%), from €8,500 to €18,600
- Profit (loss) carried forward -€7,016
down €7,016 (-34.5%), from €20,334 to €13,318
- Staff costs -€8,923
down €8,923 (-8.2%), from €108,428 to €99,505
- Financial charges +€4,909
up €4,909 (+124%), from €3,965 to €8,874
- Other operating charges +€3,608
up €3,608 (+154%), from €2,349 to €5,958
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 | €240,784 | €273,856 | +€33,072 | +13.7% |
| Fixed assets | 21/28 | €3,461 | €4,393 | +€932 | +26.9% |
| Tangible fixed assets | 22/27 | €551 | €233 | -€318 | -57.7% |
| Plant, machinery and equipment | 23 | €294 | €144 | -€150 | -51.1% |
| Furniture and vehicles | 24 | €257 | €89 | -€168 | -65.3% |
| Financial fixed assets | 28 | €2,910 | €4,160 | +€1,250 | +43.0% |
| Current assets | 29/58 | €237,323 | €269,463 | +€32,140 | +13.5% |
| Stocks and contracts in progress | 3 | €54,525 | €56,855 | +€2,330 | +4.3% |
| Stocks | 30/36 | €54,525 | €56,855 | +€2,330 | +4.3% |
| Amounts receivable within one year | 40/41 | €181,187 | €194,269 | +€13,082 | +7.2% |
| Trade receivables | 40 | €147,412 | €185,851 | +€38,439 | +26.1% |
| Other amounts receivable | 41 | €33,775 | €8,418 | -€25,357 | -75.1% |
| Cash at bank and in hand | 54/58 | €1,611 | €18,339 | +€16,728 | +1,039% |
| Total equity and liabilities | 10/49 | €240,784 | €273,856 | +€33,072 | +13.7% |
| Equity | 10/15 | €30,694 | €33,778 | +€3,084 | +10.0% |
| Contributions | 10/11 | €8,500 | €18,600 | +€10,100 | +119% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,334 | €13,318 | -€7,016 | -34.5% |
| Amounts payable | 17/49 | €210,090 | €240,078 | +€29,988 | +14.3% |
| Amounts payable within one year | 42/48 | €205,502 | €240,078 | +€34,576 | +16.8% |
| Financial debts | 43 | €24,975 | €23,033 | -€1,942 | -7.8% |
| Credit institutions | 430/8 | €24,975 | €23,033 | -€1,942 | -7.8% |
| Trade debts | 44 | €138,593 | €112,239 | -€26,354 | -19.0% |
| Suppliers | 440/4 | €138,593 | €112,239 | -€26,354 | -19.0% |
| Taxes, remuneration and social security | 45 | €41,348 | €29,454 | -€11,894 | -28.8% |
| Taxes | 450/3 | €20,011 | €6,466 | -€13,545 | -67.7% |
| Remuneration and social security | 454/9 | €21,336 | €22,988 | +€1,651 | +7.7% |
| Other amounts payable | 47/48 | €586 | €75,353 | +€74,766 | +12,754% |
| Accrued charges and deferred income | 492/3 | €4,588 | - | -€4,588 | |
| Remuneration, social security and pensions | 62 | €108,428 | €99,505 | -€8,923 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €423 | €318 | -€105 | -24.8% |
| Other operating charges | 640/8 | €2,349 | €5,958 | +€3,608 | +154% |
| Gross operating margin | 9900 | €108,215 | €107,168 | -€1,047 | -1.0% |
| Operating profit (loss) | 9901 | -€2,986 | €1,387 | +€4,373 | |
| Financial income | 75/76B | €683 | €471 | -€212 | -31.1% |
| Recurring financial income | 75 | €683 | €471 | -€212 | -31.1% |
| Financial charges | 65/66B | €3,965 | €8,874 | +€4,909 | +124% |
| Recurring financial charges | 65 | €3,965 | €8,874 | +€4,909 | +124% |
| Profit (loss) for the period before taxes | 9903 | -€6,268 | -€7,016 | -€748 | -11.9% |
| Profit (loss) for the period | 9904 | -€6,268 | -€7,016 | -€748 | -11.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,268 | -€7,016 | -€748 | -11.9% |
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.