IVDC: 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.
IVDC
Largest movements
- Receivables within one year -€39,048
down €39,048 (-98.5%), from €39,653 to €605
of which Other amounts receivable: -€37,838
- Tangible fixed assets +€5,290
up €5,290 (+920%), from €575 to €5,865
of which Furniture and vehicles: +€5,865
- Cash +€813
up €813 (+2,702%), from €30 to €843
mainly Receivables within one year (+€39,048) and Tax, wage and social debts (+€2,094)
- Deferred charges and accrued income +€575
new in 2024: €575
- Other debts -€27,308
down €27,308 (-69.5%), from €39,313 to €12,004
- Trade debts -€6,569
down €6,569 (-92.0%), from €7,140 to €572
- Tax, wage and social debts +€2,094
up €2,094 (+1,522%), from €138 to €2,232
- Profit (loss) carried forward -€594
down €594 (-2.4%), from -€24,623 to -€25,216
- Gross operating margin +€3,690
up €3,690, from -€398 to €3,292
- Depreciation +€1,173
up €1,173 (+204%), from €575 to €1,748
- Other operating charges -€1,136
down €1,136 (-52.6%), from €2,161 to €1,025
- Taxes +€941
new in 2024: €941
- Financial charges -€132
down €132 (-43.5%), from €303 to €171
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 | €40,568 | €8,198 | -€32,370 | -79.8% |
| Fixed assets | 21/28 | €885 | €6,175 | +€5,290 | +598% |
| Tangible fixed assets | 22/27 | €575 | €5,865 | +€5,290 | +920% |
| Furniture and vehicles | 24 | - | €5,865 | +€5,865 | |
| Other tangible fixed assets | 26 | €575 | - | -€575 | |
| Financial fixed assets | 28 | €310 | €310 | = | 0.0% |
| Current assets | 29/58 | €39,683 | €2,023 | -€37,660 | -94.9% |
| Amounts receivable within one year | 40/41 | €39,653 | €605 | -€39,048 | -98.5% |
| Trade receivables | 40 | €1,815 | €605 | -€1,210 | -66.7% |
| Other amounts receivable | 41 | €37,838 | - | -€37,838 | |
| Cash at bank and in hand | 54/58 | €30 | €843 | +€813 | +2,702% |
| Deferred charges and accrued income | 490/1 | - | €575 | +€575 | |
| Total equity and liabilities | 10/49 | €40,568 | €8,198 | -€32,370 | -79.8% |
| Equity | 10/15 | -€6,023 | -€6,616 | -€594 | -9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€24,623 | -€25,216 | -€594 | -2.4% |
| Amounts payable | 17/49 | €46,590 | €14,814 | -€31,777 | -68.2% |
| Amounts payable within one year | 42/48 | €46,590 | €14,814 | -€31,777 | -68.2% |
| Financial debts | 43 | - | €6 | +€6 | |
| Credit institutions | 430/8 | - | €6 | +€6 | |
| Trade debts | 44 | €7,140 | €572 | -€6,569 | -92.0% |
| Suppliers | 440/4 | €7,140 | €572 | -€6,569 | -92.0% |
| Taxes, remuneration and social security | 45 | €138 | €2,232 | +€2,094 | +1,522% |
| Taxes | 450/3 | €138 | €2,232 | +€2,094 | +1,522% |
| Other amounts payable | 47/48 | €39,313 | €12,004 | -€27,308 | -69.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €575 | €1,748 | +€1,173 | +204% |
| Other operating charges | 640/8 | €2,161 | €1,025 | -€1,136 | -52.6% |
| Gross operating margin | 9900 | -€398 | €3,292 | +€3,690 | |
| Operating profit (loss) | 9901 | -€3,134 | €519 | +€3,652 | |
| Financial charges | 65/66B | €303 | €171 | -€132 | -43.5% |
| Recurring financial charges | 65 | €303 | €171 | -€132 | -43.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,436 | €348 | +€3,784 | |
| Income taxes | 67/77 | - | €941 | +€941 | |
| Profit (loss) for the period | 9904 | -€3,436 | -€594 | +€2,843 | +82.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,436 | -€594 | +€2,843 | +82.7% |
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.