IZZIMMO: 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.
IZZIMMO
Largest movements
- Tangible fixed assets -€107,684
down €107,684 (-3.5%), from €3.1m to €2.9m
- Profit (loss) carried forward -€134,682
down €134,682 (-14.7%), from -€916,711 to -€1.1m
- Advances received +€99,960
up €99,960 (+31.6%), from €316,620 to €416,580
- Debts after one year -€71,054
down €71,054 (-14.3%), from €498,346 to €427,292
- Gross operating margin +€16,993
up €16,993, from -€10,574 to €6,418
- Financial charges -€5,222
down €5,222 (-13.9%), from €37,671 to €32,449
of which Financial charges: -€5,222
- Purchases and services -€2,993
down €2,993 (-24.9%), from €12,026 to €9,034
- Other operating charges +€668
up €668 (+222.5%), from €300 to €968
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 | €3,910,294 | €3,793,668 | -€116,625 | -3.0% |
| Fixed assets | 21/28 | €3,050,679 | €2,942,995 | -€107,684 | -3.5% |
| Tangible fixed assets | 22/27 | €3,050,679 | €2,942,995 | -€107,684 | -3.5% |
| Land and buildings | 22 | €3,050,679 | €2,942,995 | -€107,684 | -3.5% |
| Current assets | 29/58 | €859,614 | €850,673 | -€8,941 | -1.0% |
| Cash at bank and in hand | 54/58 | €12,123 | €3,182 | -€8,941 | -73.8% |
| Deferred charges and accrued income | 490/1 | €847,491 | €847,491 | = | 0.0% |
| Total equity and liabilities | 10/49 | €3,910,294 | €3,793,668 | -€116,625 | -3.0% |
| Equity | 10/15 | -€746,711 | -€881,394 | -€134,682 | -18.0% |
| Contributions | 10/11 | €170,000 | €170,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€916,711 | -€1,051,394 | -€134,682 | -14.7% |
| Amounts payable | 17/49 | €4,657,005 | €4,675,062 | +€18,057 | +0.4% |
| Amounts payable after more than one year | 17 | €498,346 | €427,292 | -€71,054 | -14.3% |
| Financial debts | 170/4 | €498,346 | €427,292 | -€71,054 | -14.3% |
| Amounts payable within one year | 42/48 | €4,158,659 | €4,247,770 | +€89,111 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €95,395 | €99,554 | +€4,159 | +4.4% |
| Trade debts | 44 | €242,306 | €213,208 | -€29,098 | -12.0% |
| Suppliers | 440/4 | €242,306 | €213,208 | -€29,098 | -12.0% |
| Advances received on contracts in progress | 46 | €316,620 | €416,580 | +€99,960 | +31.6% |
| Other amounts payable | 47/48 | €3,504,338 | €3,518,428 | +€14,090 | +0.4% |
| Turnover | 70 | €1,452 | €1,452 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €12,026 | €9,034 | -€2,993 | -24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,684 | €107,684 | = | 0.0% |
| Other operating charges | 640/8 | €300 | €968 | +€668 | +222.5% |
| Gross operating margin | 9900 | -€10,574 | €6,418 | +€16,993 | |
| Operating profit (loss) | 9901 | -€118,559 | -€102,234 | +€16,325 | +13.8% |
| Financial charges | 65/66B | €37,671 | €32,449 | -€5,222 | -13.9% |
| Recurring financial charges | 65 | €37,671 | €32,449 | -€5,222 | -13.9% |
| Non-recurring financial charges | 66B | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | -€156,230 | -€134,682 | +€21,547 | +13.8% |
| Profit (loss) for the period | 9904 | -€156,230 | -€134,682 | +€21,547 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€156,230 | -€134,682 | +€21,547 | +13.8% |
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 11 October 2026 via checked.be.