VELTRI - IANNI: what changed
VELTRI - IANNI
Largest movements
- Tangible fixed assets -€4,405
down €4,405 (-21.8%), from €20,240 to €15,835
- Receivables within one year +€4,131
up €4,131 (+1,788%), from €231 to €4,362
- Deferred charges and accrued income +€2,218
new in 2023: €2,218
- Cash +€766
up €766 (+19.3%), from €3,962 to €4,728
mainly Trade debts (+€4,528) and Depreciation (+€4,405)
- Trade debts +€4,528
up €4,528 (+414%), from €1,093 to €5,621
- Debts after one year -€4,025
down €4,025 (-24.0%), from €16,742 to €12,717
- Other debts +€3,000
new in 2023: €3,000
- Profit (loss) carried forward -€857
down €857 (-2.7%), from -€31,763 to -€32,620
- Current portion of long-term debt +€285
up €285 (+5.9%), from €4,852 to €5,137
- Gross operating margin -€9,428
down €9,428 (-59.8%), from €15,773 to €6,345
- Purchases and services +€5,039
up €5,039 (+10.2%), from €49,527 to €54,566
- Turnover -€4,389
down €4,389 (-6.7%), from €65,300 to €60,911
- Depreciation +€2,619
up €2,619 (+147%), from €1,786 to €4,405
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,722 | €27,653 | +€2,931 | +11.9% |
| Fixed assets | 21/28 | €20,240 | €15,835 | -€4,405 | -21.8% |
| Tangible fixed assets | 22/27 | €20,240 | €15,835 | -€4,405 | -21.8% |
| Leasing and similar rights | 25 | €20,240 | €15,835 | -€4,405 | -21.8% |
| Current assets | 29/58 | €4,482 | €11,818 | +€7,336 | +164% |
| Stocks and contracts in progress | 3 | €289 | €510 | +€221 | +76.5% |
| Stocks | 30/36 | €289 | €510 | +€221 | +76.5% |
| Amounts receivable within one year | 40/41 | €231 | €4,362 | +€4,131 | +1,788% |
| Other amounts receivable | 41 | €231 | €4,362 | +€4,131 | +1,788% |
| Cash at bank and in hand | 54/58 | €3,962 | €4,728 | +€766 | +19.3% |
| Deferred charges and accrued income | 490/1 | - | €2,218 | +€2,218 | |
| Total equity and liabilities | 10/49 | €24,722 | €27,653 | +€2,931 | +11.9% |
| Equity | 10/15 | €1,901 | €1,044 | -€857 | -45.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,064 | €15,064 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €13,204 | €13,204 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,763 | -€32,620 | -€857 | -2.7% |
| Amounts payable | 17/49 | €22,821 | €26,609 | +€3,788 | +16.6% |
| Amounts payable after more than one year | 17 | €16,742 | €12,717 | -€4,025 | -24.0% |
| Financial debts | 170/4 | €16,742 | €12,717 | -€4,025 | -24.0% |
| Amounts payable within one year | 42/48 | €6,079 | €13,892 | +€7,813 | +129% |
| Current portion of amounts payable after more than one year | 42 | €4,852 | €5,137 | +€285 | +5.9% |
| Trade debts | 44 | €1,093 | €5,621 | +€4,528 | +414% |
| Suppliers | 440/4 | €1,093 | €5,621 | +€4,528 | +414% |
| Taxes, remuneration and social security | 45 | €134 | €134 | = | 0.0% |
| Taxes | 450/3 | €134 | €134 | = | 0.0% |
| Other amounts payable | 47/48 | - | €3,000 | +€3,000 | |
| Turnover | 70 | €65,300 | €60,911 | -€4,389 | -6.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €49,527 | €54,566 | +€5,039 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,786 | €4,405 | +€2,619 | +147% |
| Other operating charges | 640/8 | €498 | €566 | +€68 | +13.7% |
| Gross operating margin | 9900 | €15,773 | €6,345 | -€9,428 | -59.8% |
| Operating profit (loss) | 9901 | €13,489 | €1,374 | -€12,115 | -89.8% |
| Financial charges | 65/66B | €1,439 | €1,966 | +€527 | +36.6% |
| Recurring financial charges | 65 | €1,439 | €1,966 | +€527 | +36.6% |
| Profit (loss) for the period before taxes | 9903 | €12,050 | -€592 | -€12,642 | |
| Income taxes | 67/77 | €520 | €265 | -€255 | -49.0% |
| Profit (loss) for the period | 9904 | €11,530 | -€857 | -€12,387 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,530 | -€857 | -€12,387 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.