IXATO: 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.
IXATO
Largest movements
- Receivables within one year +€30,812
up €30,812 (+3,500%), from €880 to €31,692
of which Trade receivables: +€29,960
- Tangible fixed assets -€18,630
down €18,630 (-1.9%), from €967,613 to €948,983
of which Land and buildings: -€24,806
- Debts after one year -€39,638
down €39,638 (-5.8%), from €684,750 to €645,112
- Profit (loss) carried forward +€36,967
up €36,967 (+52.9%), from -€69,825 to -€32,858
- Tax, wage and social debts +€12,553
up €12,553 (+117%), from €10,691 to €23,245
- Gross operating margin +€73,322
up €73,322 (+192%), from €38,123 to €111,445
- Depreciation +€4,420
up €4,420 (+10.8%), from €40,796 to €45,215
- Other operating charges -€2,649
down €2,649 (-24.1%), from €10,979 to €8,330
- Financial charges +€1,204
up €1,204 (+6.3%), from €19,098 to €20,302
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 | €979,197 | €984,329 | +€5,132 | +0.5% |
| Fixed assets | 21/28 | €967,613 | €948,983 | -€18,630 | -1.9% |
| Tangible fixed assets | 22/27 | €967,613 | €948,983 | -€18,630 | -1.9% |
| Land and buildings | 22 | €957,685 | €932,879 | -€24,806 | -2.6% |
| Plant, machinery and equipment | 23 | €8,407 | €12,709 | +€4,302 | +51.2% |
| Furniture and vehicles | 24 | €1,521 | €3,395 | +€1,874 | +123% |
| Current assets | 29/58 | €11,584 | €35,346 | +€23,762 | +205% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €880 | €31,692 | +€30,812 | +3,500% |
| Trade receivables | 40 | €290 | €30,250 | +€29,960 | +10,317% |
| Other amounts receivable | 41 | €590 | €1,442 | +€852 | +144% |
| Cash at bank and in hand | 54/58 | €9,568 | €3,654 | -€5,914 | -61.8% |
| Deferred charges and accrued income | 490/1 | €1,136 | €0 | -€1,136 | -100% |
| Total equity and liabilities | 10/49 | €979,197 | €984,329 | +€5,132 | +0.5% |
| Equity | 10/15 | €230,175 | €267,142 | +€36,967 | +16.1% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,825 | -€32,858 | +€36,967 | +52.9% |
| Amounts payable | 17/49 | €749,022 | €717,187 | -€31,835 | -4.3% |
| Amounts payable after more than one year | 17 | €684,750 | €645,112 | -€39,638 | -5.8% |
| Financial debts | 170/4 | €684,750 | €645,112 | -€39,638 | -5.8% |
| Amounts payable within one year | 42/48 | €58,477 | €66,281 | +€7,804 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €42,538 | €39,638 | -€2,900 | -6.8% |
| Trade debts | 44 | €1,868 | €1,853 | -€15 | -0.8% |
| Suppliers | 440/4 | €1,868 | €1,853 | -€15 | -0.8% |
| Taxes, remuneration and social security | 45 | €10,691 | €23,245 | +€12,553 | +117% |
| Taxes | 450/3 | €10,691 | €23,245 | +€12,553 | +117% |
| Other amounts payable | 47/48 | €3,380 | €1,545 | -€1,835 | -54.3% |
| Accrued charges and deferred income | 492/3 | €5,794 | €5,794 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,796 | €45,215 | +€4,420 | +10.8% |
| Other operating charges | 640/8 | €10,979 | €8,330 | -€2,649 | -24.1% |
| Gross operating margin | 9900 | €38,123 | €111,445 | +€73,322 | +192% |
| Operating profit (loss) | 9901 | -€13,652 | €57,900 | +€71,552 | |
| Financial income | 75/76B | €45 | €75 | +€30 | +68.4% |
| Recurring financial income | 75 | €45 | €75 | +€30 | +68.4% |
| Financial charges | 65/66B | €19,098 | €20,302 | +€1,204 | +6.3% |
| Recurring financial charges | 65 | €19,098 | €20,302 | +€1,204 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | -€32,705 | €37,673 | +€70,379 | |
| Income taxes | 67/77 | €196 | €706 | +€510 | +260% |
| Profit (loss) for the period | 9904 | -€32,902 | €36,967 | +€69,869 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,902 | €36,967 | +€69,869 |
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 16 October 2026 via checked.be.