IYAD: 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.
IYAD
Largest movements
- Receivables within one year +€43,549
up €43,549 (+508%), from €8,581 to €52,130
of which Trade receivables: +€42,879
- Cash +€7,643
up €7,643 (+98.0%), from €7,796 to €15,439
mainly Trade debts (+€37,187) and Net result for the year (+€9,313)
- Trade debts +€37,187
up €37,187 (+367%), from €10,128 to €47,315
- Profit (loss) carried forward +€9,313
up €9,313 (+327%), from €2,849 to €12,162
- Tax, wage and social debts +€4,192
up €4,192 (+145%), from €2,900 to €7,093
of which Remuneration and social security: +€2,961
- Gross operating margin +€27,804
up €27,804 (+656%), from €4,236 to €32,040
- Staff costs +€18,398
up €18,398 (+1,438%), from €1,280 to €19,678
- Taxes +€2,328
new in 2024: €2,328
- Depreciation +€500
new in 2024: €500
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 | €17,877 | €68,570 | +€50,692 | +284% |
| Fixed assets | 21/28 | €1,500 | €1,000 | -€500 | -33.3% |
| Tangible fixed assets | 22/27 | €1,500 | €1,000 | -€500 | -33.3% |
| Furniture and vehicles | 24 | €1,500 | €1,000 | -€500 | -33.3% |
| Current assets | 29/58 | €16,377 | €67,570 | +€51,192 | +313% |
| Amounts receivable within one year | 40/41 | €8,581 | €52,130 | +€43,549 | +508% |
| Trade receivables | 40 | €8,581 | €51,460 | +€42,879 | +500% |
| Other amounts receivable | 41 | - | €671 | +€671 | |
| Cash at bank and in hand | 54/58 | €7,796 | €15,439 | +€7,643 | +98.0% |
| Total equity and liabilities | 10/49 | €17,877 | €68,570 | +€50,692 | +284% |
| Equity | 10/15 | €4,849 | €14,162 | +€9,313 | +192% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,849 | €12,162 | +€9,313 | +327% |
| Amounts payable | 17/49 | €13,028 | €54,408 | +€41,380 | +318% |
| Amounts payable within one year | 42/48 | €13,028 | €54,408 | +€41,380 | +318% |
| Trade debts | 44 | €10,128 | €47,315 | +€37,187 | +367% |
| Suppliers | 440/4 | €10,128 | €47,315 | +€37,187 | +367% |
| Taxes, remuneration and social security | 45 | €2,900 | €7,093 | +€4,192 | +145% |
| Taxes | 450/3 | €1,097 | €2,328 | +€1,231 | +112% |
| Remuneration and social security | 454/9 | €1,803 | €4,765 | +€2,961 | +164% |
| Remuneration, social security and pensions | 62 | €1,280 | €19,678 | +€18,398 | +1,438% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €500 | +€500 | |
| Gross operating margin | 9900 | €4,236 | €32,040 | +€27,804 | +656% |
| Operating profit (loss) | 9901 | €2,957 | €11,862 | +€8,906 | +301% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €108 | €222 | +€114 | +106% |
| Recurring financial charges | 65 | €108 | €222 | +€114 | +106% |
| Profit (loss) for the period before taxes | 9903 | €2,849 | €11,641 | +€8,792 | +309% |
| Income taxes | 67/77 | - | €2,328 | +€2,328 | |
| Profit (loss) for the period | 9904 | €2,849 | €9,313 | +€6,464 | +227% |
| Profit (loss) for the period to be appropriated | 9905 | €2,849 | €9,313 | +€6,464 | +227% |
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.