I.A. TRADING: 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.
I.A. TRADING
Largest movements
- Receivables within one year -€38,344
down €38,344 (-96.7%), from €39,646 to €1,302
of which Trade receivables: -€39,646
- Tangible fixed assets +€18,938
up €18,938 (+75.7%), from €25,028 to €43,966
- Stocks and contracts +€3,100
up €3,100 (+39.0%), from €7,950 to €11,050
- Cash +€1,224
up €1,224 (+42.1%), from €2,908 to €4,132
mainly Receivables within one year (+€38,344) and Depreciation (+€16,434)
- Other debts -€21,665
down €21,665 (-93.2%), from €23,254 to €1,589
- Tax, wage and social debts +€10,642
up €10,642 (+185%), from €5,754 to €16,396
of which Remuneration and social security: +€9,851
- Debts after one year -€5,090
down €5,090 (-37.5%), from €13,573 to €8,483
- Profit (loss) carried forward +€1,180
up €1,180 (+16.2%), from €7,307 to €8,487
- Gross operating margin +€22,195
up €22,195 (+33.4%), from €66,471 to €88,667
- Staff costs +€9,623
up €9,623 (+15.8%), from €60,907 to €70,530
- Depreciation +€6,924
up €6,924 (+72.8%), from €9,509 to €16,434
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 | €75,532 | €60,450 | -€15,082 | -20.0% |
| Fixed assets | 21/28 | €25,028 | €43,966 | +€18,938 | +75.7% |
| Tangible fixed assets | 22/27 | €25,028 | €43,966 | +€18,938 | +75.7% |
| Furniture and vehicles | 24 | €25,028 | €43,966 | +€18,938 | +75.7% |
| Current assets | 29/58 | €50,504 | €16,484 | -€34,020 | -67.4% |
| Stocks and contracts in progress | 3 | €7,950 | €11,050 | +€3,100 | +39.0% |
| Stocks | 30/36 | €7,950 | €11,050 | +€3,100 | +39.0% |
| Amounts receivable within one year | 40/41 | €39,646 | €1,302 | -€38,344 | -96.7% |
| Trade receivables | 40 | €39,646 | - | -€39,646 | |
| Other amounts receivable | 41 | - | €1,302 | +€1,302 | |
| Cash at bank and in hand | 54/58 | €2,908 | €4,132 | +€1,224 | +42.1% |
| Total equity and liabilities | 10/49 | €75,532 | €60,450 | -€15,082 | -20.0% |
| Equity | 10/15 | €27,712 | €28,892 | +€1,180 | +4.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,307 | €8,487 | +€1,180 | +16.2% |
| Amounts payable | 17/49 | €47,820 | €31,558 | -€16,262 | -34.0% |
| Amounts payable after more than one year | 17 | €13,573 | €8,483 | -€5,090 | -37.5% |
| Financial debts | 170/4 | €13,573 | €8,483 | -€5,090 | -37.5% |
| Amounts payable within one year | 42/48 | €34,247 | €23,075 | -€11,172 | -32.6% |
| Current portion of amounts payable after more than one year | 42 | €5,090 | €5,090 | = | 0.0% |
| Trade debts | 44 | €149 | - | -€149 | |
| Suppliers | 440/4 | €149 | - | -€149 | |
| Taxes, remuneration and social security | 45 | €5,754 | €16,396 | +€10,642 | +185% |
| Taxes | 450/3 | €1,649 | €2,440 | +€791 | +48.0% |
| Remuneration and social security | 454/9 | €4,105 | €13,955 | +€9,851 | +240% |
| Other amounts payable | 47/48 | €23,254 | €1,589 | -€21,665 | -93.2% |
| Remuneration, social security and pensions | 62 | €60,907 | €70,530 | +€9,623 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,509 | €16,434 | +€6,924 | +72.8% |
| Gross operating margin | 9900 | €66,471 | €88,667 | +€22,195 | +33.4% |
| Operating profit (loss) | 9901 | -€3,945 | €1,703 | +€5,648 | |
| Financial charges | 65/66B | €210 | €523 | +€312 | +149% |
| Recurring financial charges | 65 | €210 | €523 | +€312 | +149% |
| Profit (loss) for the period before taxes | 9903 | -€4,155 | €1,180 | +€5,336 | |
| Profit (loss) for the period | 9904 | -€4,155 | €1,180 | +€5,336 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,155 | €1,180 | +€5,336 |
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 28 October 2026 via checked.be.