2iConnect: 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.
2iConnect
Largest movements
- Receivables within one year -€14,874
down €14,874 (-14.6%), from €102,215 to €87,341
of which Trade receivables: -€14,307
- Cash +€5,891
up €5,891 (+10.3%), from €57,244 to €63,135
mainly Receivables within one year (+€14,874) and Depreciation (+€5,108)
- Tangible fixed assets -€5,108
down €5,108 (-45.6%), from €11,212 to €6,104
of which Plant, machinery and equipment: -€3,403
- Profit (loss) carried forward -€12,113
down €12,113 (-64.5%), from €18,790 to €6,678
- Other debts -€3,208
no longer reported in 2025 (was €3,208)
- Gross operating margin -€13,599
down €13,599, from €6,507 to -€7,093
- Taxes -€776
down €776 (-99.1%), from €783 to €7
- Financial income +€472
up €472 (+70.4%), from €671 to €1,143
- Financial charges +€303
up €303 (+399%), from €76 to €378
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €172,006 | €157,955 | -€14,051 | -8.2% |
| Fixed assets | 21/28 | €11,212 | €6,104 | -€5,108 | -45.6% |
| Tangible fixed assets | 22/27 | €11,212 | €6,104 | -€5,108 | -45.6% |
| Plant, machinery and equipment | 23 | €8,908 | €5,505 | -€3,403 | -38.2% |
| Other tangible fixed assets | 26 | €2,304 | €600 | -€1,705 | -74.0% |
| Current assets | 29/58 | €160,794 | €151,851 | -€8,943 | -5.6% |
| Amounts receivable within one year | 40/41 | €102,215 | €87,341 | -€14,874 | -14.6% |
| Trade receivables | 40 | €99,015 | €84,708 | -€14,307 | -14.4% |
| Other amounts receivable | 41 | €3,200 | €2,633 | -€567 | -17.7% |
| Cash at bank and in hand | 54/58 | €57,244 | €63,135 | +€5,891 | +10.3% |
| Deferred charges and accrued income | 490/1 | €1,335 | €1,375 | +€39 | +3.0% |
| Total equity and liabilities | 10/49 | €172,006 | €157,955 | -€14,051 | -8.2% |
| Equity | 10/15 | €156,560 | €144,447 | -€12,113 | -7.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €119,169 | €119,169 | = | 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% |
| Tax-exempt reserves | 132 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €104,309 | €104,309 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,790 | €6,678 | -€12,113 | -64.5% |
| Amounts payable | 17/49 | €15,447 | €13,509 | -€1,938 | -12.5% |
| Amounts payable within one year | 42/48 | €15,447 | €13,509 | -€1,938 | -12.5% |
| Trade debts | 44 | €1,984 | €1,767 | -€217 | -10.9% |
| Suppliers | 440/4 | €1,984 | €1,767 | -€217 | -10.9% |
| Taxes, remuneration and social security | 45 | €10,255 | €11,742 | +€1,487 | +14.5% |
| Taxes | 450/3 | €10,255 | €11,742 | +€1,487 | +14.5% |
| Other amounts payable | 47/48 | €3,208 | - | -€3,208 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,072 | €5,108 | +€36 | +0.7% |
| Other operating charges | 640/8 | €664 | €670 | +€7 | +1.0% |
| Gross operating margin | 9900 | €6,507 | -€7,093 | -€13,599 | |
| Operating profit (loss) | 9901 | €771 | -€12,871 | -€13,642 | |
| Financial income | 75/76B | €671 | €1,143 | +€472 | +70.4% |
| Recurring financial income | 75 | €671 | €1,143 | +€472 | +70.4% |
| Financial charges | 65/66B | €76 | €378 | +€303 | +399% |
| Recurring financial charges | 65 | €76 | €378 | +€303 | +399% |
| Profit (loss) for the period before taxes | 9903 | €1,366 | -€12,106 | -€13,472 | |
| Income taxes | 67/77 | €783 | €7 | -€776 | -99.1% |
| Profit (loss) for the period | 9904 | €583 | -€12,113 | -€12,696 | |
| Profit (loss) for the period to be appropriated | 9905 | €583 | -€12,113 | -€12,696 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.