I³ Management: what changed
Two fiscal 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.
I³ Management
Largest movements
- Tangible fixed assets -€2,458
down €2,458 (-40.3%), from €6,100 to €3,642
- Cash -€587
down €587 (-41.8%), from €1,404 to €817
mainly Net result for the year (-€2,448) and Other debts (-€1,021)
- Receivables within one year -€411
down €411 (-80.9%), from €508 to €97
- Deferred charges and accrued income +€249
up €249 (+11.5%), from €2,163 to €2,412
- Profit (loss) carried forward -€2,448
down €2,448 (-6.0%), from -€40,687 to -€43,135
- Other debts -€1,021
down €1,021 (-2.8%), from €36,904 to €35,883
- Trade debts +€202
up €202 (+37.1%), from €545 to €747
- Gross operating margin +€9,688
up €9,688, from -€9,262 to €426
- Depreciation +€1,572
up €1,572 (+177.4%), from €886 to €2,458
- Financial charges -€174
down €174 (-66.4%), from €262 to €88
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.
Cash bridge derived
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 | €10,175 | €6,968 | -€3,207 | -31.5% |
| Fixed assets | 21/28 | €6,100 | €3,642 | -€2,458 | -40.3% |
| Tangible fixed assets | 22/27 | €6,100 | €3,642 | -€2,458 | -40.3% |
| Furniture and vehicles | 24 | €6,100 | €3,642 | -€2,458 | -40.3% |
| Current assets | 29/58 | €4,075 | €3,326 | -€749 | -18.4% |
| Amounts receivable within one year | 40/41 | €508 | €97 | -€411 | -80.9% |
| Other amounts receivable | 41 | €508 | €97 | -€411 | -80.9% |
| Cash at bank and in hand | 54/58 | €1,404 | €817 | -€587 | -41.8% |
| Deferred charges and accrued income | 490/1 | €2,163 | €2,412 | +€249 | +11.5% |
| Total equity and liabilities | 10/49 | €10,175 | €6,968 | -€3,207 | -31.5% |
| Equity | 10/15 | -€27,437 | -€29,885 | -€2,448 | -8.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €8,250 | €8,250 | = | 0.0% |
| Distributable reserves | 133 | €8,250 | €8,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,687 | -€43,135 | -€2,448 | -6.0% |
| Amounts payable | 17/49 | €37,612 | €36,853 | -€759 | -2.0% |
| Amounts payable within one year | 42/48 | €37,612 | €36,853 | -€759 | -2.0% |
| Trade debts | 44 | €545 | €747 | +€202 | +37.1% |
| Suppliers | 440/4 | €545 | €747 | +€202 | +37.1% |
| Taxes, remuneration and social security | 45 | €163 | €223 | +€60 | +36.8% |
| Taxes | 450/3 | €163 | €223 | +€60 | +36.8% |
| Other amounts payable | 47/48 | €36,904 | €35,883 | -€1,021 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €886 | €2,458 | +€1,572 | +177.4% |
| Other operating charges | 640/8 | €173 | €117 | -€56 | -32.4% |
| Gross operating margin | 9900 | -€9,262 | €426 | +€9,688 | |
| Operating profit (loss) | 9901 | -€10,321 | -€2,149 | +€8,172 | +79.2% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €262 | €88 | -€174 | -66.4% |
| Recurring financial charges | 65 | €262 | €88 | -€174 | -66.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,583 | -€2,225 | +€8,358 | +79.0% |
| Income taxes | 67/77 | €154 | €223 | +€69 | +44.8% |
| Profit (loss) for the period | 9904 | -€10,737 | -€2,448 | +€8,289 | +77.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,737 | -€2,448 | +€8,289 | +77.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.