I+ Production: 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+ Production
Largest movements
- Tangible fixed assets -€16,077
down €16,077 (-57.8%), from €27,826 to €11,750
of which Furniture and vehicles: -€14,621
- Current investments +€12,565
up €12,565 (+9.8%), from €128,618 to €141,183
- Cash +€10,354
up €10,354 (+7.7%), from €134,624 to €144,978
mainly Net result for the year (+€20,857) and Depreciation (+€19,242)
- Receivables within one year -€7,178
down €7,178 (-18.9%), from €38,079 to €30,900
of which Trade receivables: -€6,379
- Reserves +€20,857
up €20,857 (+7.6%), from €273,084 to €293,941
of which Distributable reserves: +€20,857
- Current portion of long-term debt -€9,291
down €9,291 (-66.4%), from €13,993 to €4,702
- Other debts -€8,802
down €8,802 (-45.0%), from €19,574 to €10,772
- Debts after one year -€4,702
no longer reported in 2025 (was €4,702)
- Gross operating margin +€3,652
up €3,652 (+7.9%), from €46,118 to €49,770
- Financial charges +€3,193
up €3,193 (+81.3%), from -€3,925 to -€732
- Financial income +€2,780
up €2,780 (+169%), from €1,642 to €4,422
- Depreciation +€1,365
up €1,365 (+7.6%), from €17,877 to €19,242
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 | €331,695 | €331,129 | -€566 | -0.2% |
| Fixed assets | 21/28 | €27,826 | €11,750 | -€16,077 | -57.8% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €27,826 | €11,750 | -€16,077 | -57.8% |
| Furniture and vehicles | 24 | €25,742 | €11,121 | -€14,621 | -56.8% |
| Other tangible fixed assets | 26 | €2,085 | €628 | -€1,456 | -69.9% |
| Current assets | 29/58 | €303,869 | €319,379 | +€15,511 | +5.1% |
| Amounts receivable within one year | 40/41 | €38,079 | €30,900 | -€7,178 | -18.9% |
| Trade receivables | 40 | €33,213 | €26,834 | -€6,379 | -19.2% |
| Other amounts receivable | 41 | €4,866 | €4,067 | -€799 | -16.4% |
| Current investments | 50/53 | €128,618 | €141,183 | +€12,565 | +9.8% |
| Cash at bank and in hand | 54/58 | €134,624 | €144,978 | +€10,354 | +7.7% |
| Deferred charges and accrued income | 490/1 | €2,548 | €2,318 | -€230 | -9.0% |
| Total equity and liabilities | 10/49 | €331,695 | €331,129 | -€566 | -0.2% |
| Equity | 10/15 | €279,284 | €300,141 | +€20,857 | +7.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €273,084 | €293,941 | +€20,857 | +7.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €273,084 | €293,941 | +€20,857 | +7.6% |
| Amounts payable | 17/49 | €52,411 | €30,988 | -€21,423 | -40.9% |
| Amounts payable after more than one year | 17 | €4,702 | - | -€4,702 | |
| Financial debts | 170/4 | €4,702 | - | -€4,702 | |
| Amounts payable within one year | 42/48 | €47,393 | €30,988 | -€16,405 | -34.6% |
| Current portion of amounts payable after more than one year | 42 | €13,993 | €4,702 | -€9,291 | -66.4% |
| Financial debts | 43 | €6,058 | €6,725 | +€667 | +11.0% |
| Credit institutions | 430/8 | €6,058 | €6,725 | +€667 | +11.0% |
| Trade debts | 44 | €437 | €0 | -€437 | -100% |
| Suppliers | 440/4 | €437 | €0 | -€437 | -100% |
| Taxes, remuneration and social security | 45 | €7,331 | €8,789 | +€1,458 | +19.9% |
| Taxes | 450/3 | €5,101 | €6,559 | +€1,458 | +28.6% |
| Remuneration and social security | 454/9 | €2,230 | €2,230 | = | 0.0% |
| Other amounts payable | 47/48 | €19,574 | €10,772 | -€8,802 | -45.0% |
| Accrued charges and deferred income | 492/3 | €316 | - | -€316 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,877 | €19,242 | +€1,365 | +7.6% |
| Other operating charges | 640/8 | €2,794 | €2,582 | -€212 | -7.6% |
| Non-recurring operating charges | 66A | €5,830 | - | -€5,830 | |
| Gross operating margin | 9900 | €46,118 | €49,770 | +€3,652 | +7.9% |
| Operating profit (loss) | 9901 | €19,617 | €27,946 | +€8,329 | +42.5% |
| Financial income | 75/76B | €1,642 | €4,422 | +€2,780 | +169% |
| Recurring financial income | 75 | €1,642 | €4,422 | +€2,780 | +169% |
| Financial charges | 65/66B | -€3,925 | -€732 | +€3,193 | +81.3% |
| Recurring financial charges | 65 | -€3,925 | -€732 | +€3,193 | +81.3% |
| Profit (loss) for the period before taxes | 9903 | €25,185 | €33,100 | +€7,915 | +31.4% |
| Income taxes | 67/77 | €12,053 | €12,243 | +€190 | +1.6% |
| Profit (loss) for the period | 9904 | €13,132 | €20,857 | +€7,725 | +58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,132 | €20,857 | +€7,725 | +58.8% |
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 20 October 2026 via checked.be.