IZK DISTRI: 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.
IZK DISTRI
Largest movements
- Receivables within one year +€38,413
up €38,413 (+58.8%), from €65,329 to €103,742
of which Trade receivables: +€38,413
- Tangible fixed assets -€20,513
no longer reported in 2024 (was €20,513)
- Cash -€1,596
no longer reported in 2024 (was €1,596)
mainly Receivables within one year (-€38,413) and Tax, wage and social debts (-€24,731)
- Tax, wage and social debts -€24,731
down €24,731 (-89.1%), from €27,765 to €3,034
of which Remuneration and social security: -€13,503
- Trade debts +€23,450
up €23,450 (+89.5%), from €26,201 to €49,651
- Other debts +€9,968
up €9,968 (+41.2%), from €24,208 to €34,176
- Profit (loss) carried forward +€7,617
up €7,617 (+70.9%), from -€10,736 to -€3,119
- Gross operating margin -€44,010
down €44,010 (-69.8%), from €63,011 to €19,001
- Staff costs -€29,404
down €29,404 (-75.1%), from €39,171 to €9,768
- Depreciation -€7,487
no longer reported in 2024 (was €7,487)
- Other operating charges -€4,458
down €4,458 (-76.9%), from €5,797 to €1,340
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 | €87,438 | €103,742 | +€16,304 | +18.6% |
| Fixed assets | 21/28 | €20,513 | - | -€20,513 | |
| Tangible fixed assets | 22/27 | €20,513 | - | -€20,513 | |
| Furniture and vehicles | 24 | €20,513 | - | -€20,513 | |
| Current assets | 29/58 | €66,925 | €103,742 | +€36,817 | +55.0% |
| Amounts receivable within one year | 40/41 | €65,329 | €103,742 | +€38,413 | +58.8% |
| Trade receivables | 40 | €60,816 | €99,228 | +€38,413 | +63.2% |
| Other amounts receivable | 41 | €4,514 | €4,514 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,596 | - | -€1,596 | |
| Total equity and liabilities | 10/49 | €87,438 | €103,742 | +€16,304 | +18.6% |
| Equity | 10/15 | €9,264 | €16,881 | +€7,617 | +82.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,736 | -€3,119 | +€7,617 | +70.9% |
| Amounts payable | 17/49 | €78,174 | €86,861 | +€8,687 | +11.1% |
| Amounts payable within one year | 42/48 | €78,174 | €86,861 | +€8,687 | +11.1% |
| Trade debts | 44 | €26,201 | €49,651 | +€23,450 | +89.5% |
| Suppliers | 440/4 | €26,201 | €49,651 | +€23,450 | +89.5% |
| Taxes, remuneration and social security | 45 | €27,765 | €3,034 | -€24,731 | -89.1% |
| Taxes | 450/3 | €11,403 | €176 | -€11,228 | -98.5% |
| Remuneration and social security | 454/9 | €16,361 | €2,858 | -€13,503 | -82.5% |
| Other amounts payable | 47/48 | €24,208 | €34,176 | +€9,968 | +41.2% |
| Remuneration, social security and pensions | 62 | €39,171 | €9,768 | -€29,404 | -75.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,487 | - | -€7,487 | |
| Other operating charges | 640/8 | €5,797 | €1,340 | -€4,458 | -76.9% |
| Gross operating margin | 9900 | €63,011 | €19,001 | -€44,010 | -69.8% |
| Operating profit (loss) | 9901 | €10,555 | €7,893 | -€2,662 | -25.2% |
| Financial charges | 65/66B | €882 | €276 | -€606 | -68.7% |
| Recurring financial charges | 65 | €882 | €276 | -€606 | -68.7% |
| Profit (loss) for the period before taxes | 9903 | €9,673 | €7,617 | -€2,056 | -21.3% |
| Income taxes | 67/77 | €13 | - | -€13 | |
| Profit (loss) for the period | 9904 | €9,660 | €7,617 | -€2,043 | -21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,660 | €7,617 | -€2,043 | -21.1% |
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 24 October 2026 via checked.be.