De Ijskar: 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.
De Ijskar
Largest movements
- Cash +€34,898
up €34,898 (+103%), from €33,987 to €68,885
mainly Net result for the year (+€23,407) and Depreciation (+€11,056)
- Tangible fixed assets -€11,056
down €11,056 (-25.1%), from €43,964 to €32,908
- Receivables within one year -€8,519
down €8,519 (-78.7%), from €10,821 to €2,303
of which Trade receivables: -€8,508
- Reserves +€24,000
up €24,000 (+63.2%), from €38,000 to €62,000
- Debts after one year -€6,874
down €6,874 (-29.2%), from €23,567 to €16,693
- Tax, wage and social debts -€3,469
down €3,469 (-34.9%), from €9,954 to €6,484
- Trade debts +€2,458
up €2,458 (+128%), from €1,917 to €4,375
- Other debts -€2,410
down €2,410 (-37.9%), from €6,361 to €3,952
- Gross operating margin -€32,944
down €32,944 (-33.6%), from €98,094 to €65,151
- Staff costs -€16,493
down €16,493 (-43.1%), from €38,238 to €21,745
- Taxes -€3,707
down €3,707 (-37.4%), from €9,923 to €6,216
- Depreciation +€2,958
up €2,958 (+36.5%), from €8,098 to €11,056
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 | €88,773 | €104,096 | +€15,323 | +17.3% |
| Fixed assets | 21/28 | €43,964 | €32,908 | -€11,056 | -25.1% |
| Tangible fixed assets | 22/27 | €43,964 | €32,908 | -€11,056 | -25.1% |
| Furniture and vehicles | 24 | €43,964 | €32,908 | -€11,056 | -25.1% |
| Current assets | 29/58 | €44,809 | €71,188 | +€26,379 | +58.9% |
| Amounts receivable within one year | 40/41 | €10,821 | €2,303 | -€8,519 | -78.7% |
| Trade receivables | 40 | €10,305 | €1,797 | -€8,508 | -82.6% |
| Other amounts receivable | 41 | €517 | €506 | -€11 | -2.0% |
| Cash at bank and in hand | 54/58 | €33,987 | €68,885 | +€34,898 | +103% |
| Total equity and liabilities | 10/49 | €88,773 | €104,096 | +€15,323 | +17.3% |
| Equity | 10/15 | €40,612 | €64,018 | +€23,407 | +57.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €38,000 | €62,000 | +€24,000 | +63.2% |
| Distributable reserves | 133 | €38,000 | €62,000 | +€24,000 | +63.2% |
| Profit (loss) carried forward | 14 | €612 | €18 | -€593 | -97.0% |
| Amounts payable | 17/49 | €48,161 | €40,077 | -€8,084 | -16.8% |
| Amounts payable after more than one year | 17 | €23,567 | €16,693 | -€6,874 | -29.2% |
| Financial debts | 170/4 | €23,567 | €16,693 | -€6,874 | -29.2% |
| Amounts payable within one year | 42/48 | €24,594 | €23,385 | -€1,209 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €6,362 | €6,756 | +€394 | +6.2% |
| Trade debts | 44 | €1,917 | €4,375 | +€2,458 | +128% |
| Suppliers | 440/4 | €1,917 | €4,375 | +€2,458 | +128% |
| Advances received on contracts in progress | 46 | - | €1,818 | +€1,818 | |
| Taxes, remuneration and social security | 45 | €9,954 | €6,484 | -€3,469 | -34.9% |
| Taxes | 450/3 | €9,954 | €6,484 | -€3,469 | -34.9% |
| Other amounts payable | 47/48 | €6,361 | €3,952 | -€2,410 | -37.9% |
| Remuneration, social security and pensions | 62 | €38,238 | €21,745 | -€16,493 | -43.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,098 | €11,056 | +€2,958 | +36.5% |
| Other operating charges | 640/8 | €2,050 | €1,525 | -€525 | -25.6% |
| Gross operating margin | 9900 | €98,094 | €65,151 | -€32,944 | -33.6% |
| Operating profit (loss) | 9901 | €49,708 | €30,825 | -€18,883 | -38.0% |
| Financial income | 75/76B | €125 | €0 | -€125 | -100% |
| Recurring financial income | 75 | €125 | €0 | -€125 | -100% |
| Financial charges | 65/66B | €1,298 | €1,202 | -€96 | -7.4% |
| Recurring financial charges | 65 | €1,298 | €1,202 | -€96 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €48,535 | €29,623 | -€18,912 | -39.0% |
| Income taxes | 67/77 | €9,923 | €6,216 | -€3,707 | -37.4% |
| Profit (loss) for the period | 9904 | €38,612 | €23,407 | -€15,205 | -39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €38,612 | €23,407 | -€15,205 | -39.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.