IZABELA: what changed
Two fiscal 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.
IZABELA
Largest movements
- Receivables within one year +€36,973
up €36,973 (+165.2%), from €22,377 to €59,350
of which Trade receivables: +€38,648
- Tangible fixed assets +€1,845
up €1,845 (+25.0%), from €7,381 to €9,226
of which Other tangible fixed assets: +€3,062
- Deferred charges and accrued income -€1,045
no longer reported in 2024 (was €1,045)
- Trade debts +€45,466
up €45,466 (+126.7%), from €35,886 to €81,353
- Profit (loss) carried forward -€18,169
down €18,169 (-106.6%), from -€17,046 to -€35,214
- Other debts +€8,598
up €8,598 (+71.2%), from €12,075 to €20,672
- Accrued charges and deferred income +€1,500
new in 2024: €1,500
- Other operating charges -€6,753
down €6,753 (-81.9%), from €8,249 to €1,496
- Gross operating margin -€5,785
down €5,785 (-77.0%), from -€7,517 to -€13,301
- Depreciation +€1,453
up €1,453 (+114.2%), from €1,272 to €2,725
- Financial charges +€639
up €639 (+7932.2%), from €8 to €647
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.
Cash bridge derived
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 | €34,915 | €72,479 | +€37,564 | +107.6% |
| Fixed assets | 21/28 | €7,381 | €9,226 | +€1,845 | +25.0% |
| Tangible fixed assets | 22/27 | €7,381 | €9,226 | +€1,845 | +25.0% |
| Furniture and vehicles | 24 | €3,415 | €2,198 | -€1,218 | -35.7% |
| Other tangible fixed assets | 26 | €3,965 | €7,028 | +€3,062 | +77.2% |
| Current assets | 29/58 | €27,535 | €63,253 | +€35,719 | +129.7% |
| Stocks and contracts in progress | 3 | €2,830 | €2,830 | = | 0.0% |
| Stocks | 30/36 | €2,830 | €2,830 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,377 | €59,350 | +€36,973 | +165.2% |
| Trade receivables | 40 | €20,702 | €59,350 | +€38,648 | +186.7% |
| Other amounts receivable | 41 | €1,675 | - | -€1,675 | |
| Cash at bank and in hand | 54/58 | €1,283 | €1,073 | -€210 | -16.3% |
| Deferred charges and accrued income | 490/1 | €1,045 | - | -€1,045 | |
| Total equity and liabilities | 10/49 | €34,915 | €72,479 | +€37,564 | +107.6% |
| Equity | 10/15 | -€13,046 | -€31,214 | -€18,169 | -139.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,046 | -€35,214 | -€18,169 | -106.6% |
| Amounts payable | 17/49 | €47,961 | €103,693 | +€55,732 | +116.2% |
| Amounts payable within one year | 42/48 | €47,961 | €102,193 | +€54,232 | +113.1% |
| Trade debts | 44 | €35,886 | €81,353 | +€45,466 | +126.7% |
| Suppliers | 440/4 | €35,886 | €81,353 | +€45,466 | +126.7% |
| Taxes, remuneration and social security | 45 | - | €168 | +€168 | |
| Taxes | 450/3 | - | €168 | +€168 | |
| Other amounts payable | 47/48 | €12,075 | €20,672 | +€8,598 | +71.2% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,272 | €2,725 | +€1,453 | +114.2% |
| Other operating charges | 640/8 | €8,249 | €1,496 | -€6,753 | -81.9% |
| Gross operating margin | 9900 | -€7,517 | -€13,301 | -€5,785 | -77.0% |
| Operating profit (loss) | 9901 | -€17,038 | -€17,522 | -€485 | -2.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +48.1% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +48.1% |
| Financial charges | 65/66B | €8 | €647 | +€639 | +7932.2% |
| Recurring financial charges | 65 | €8 | €647 | +€639 | +7932.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,046 | -€18,169 | -€1,123 | -6.6% |
| Profit (loss) for the period | 9904 | -€17,046 | -€18,169 | -€1,123 | -6.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,046 | -€18,169 | -€1,123 | -6.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.