IACOMUS: 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.
IACOMUS
Largest movements
- Cash +€23,064
up €23,064 (+28.0%), from €82,368 to €105,432
mainly Net result for the year (+€63,072) and Receivables within one year (+€15,854)
- Receivables within one year -€15,854
down €15,854 (-46.0%), from €34,432 to €18,578
of which Other amounts receivable: -€19,564
- Tangible fixed assets +€8,271
up €8,271 (+261734.5%), from €3 to €8,274
of which Plant, machinery and equipment: +€5,369
- Profit (loss) carried forward +€15,508
up €15,508 (+12344.3%), from €126 to €15,634
- Other debts +€15,046
up €15,046 (+46.3%), from €32,518 to €47,564
- Reserves -€15,000
down €15,000 (-27.3%), from €55,000 to €40,000
- Gross operating margin +€23,458
up €23,458 (+40.6%), from €57,828 to €81,286
- Taxes +€4,727
up €4,727 (+40.2%), from €11,769 to €16,495
- Depreciation -€2,072
down €2,072 (-65.2%), from €3,177 to €1,106
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 | €117,366 | €133,665 | +€16,299 | +13.9% |
| Fixed assets | 21/28 | €3 | €8,274 | +€8,271 | +261734.5% |
| Tangible fixed assets | 22/27 | €3 | €8,274 | +€8,271 | +261734.5% |
| Plant, machinery and equipment | 23 | €3 | €5,373 | +€5,369 | +169919.9% |
| Furniture and vehicles | 24 | - | €2,901 | +€2,901 | |
| Current assets | 29/58 | €117,363 | €125,391 | +€8,028 | +6.8% |
| Amounts receivable within one year | 40/41 | €34,432 | €18,578 | -€15,854 | -46.0% |
| Trade receivables | 40 | €10,386 | €14,095 | +€3,709 | +35.7% |
| Other amounts receivable | 41 | €24,046 | €4,483 | -€19,564 | -81.4% |
| Cash at bank and in hand | 54/58 | €82,368 | €105,432 | +€23,064 | +28.0% |
| Deferred charges and accrued income | 490/1 | €563 | €1,381 | +€819 | +145.5% |
| Total equity and liabilities | 10/49 | €117,366 | €133,665 | +€16,299 | +13.9% |
| Equity | 10/15 | €75,586 | €76,094 | +€508 | +0.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Capital | 10 | €20,460 | €20,460 | = | 0.0% |
| Issued capital | 100 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €55,000 | €40,000 | -€15,000 | -27.3% |
| Non-distributable reserves | 130/1 | €55,000 | €40,000 | -€15,000 | -27.3% |
| Other | 1319 | €55,000 | €40,000 | -€15,000 | -27.3% |
| Profit (loss) carried forward | 14 | €126 | €15,634 | +€15,508 | +12344.3% |
| Amounts payable | 17/49 | €41,780 | €57,571 | +€15,791 | +37.8% |
| Amounts payable within one year | 42/48 | €41,780 | €57,571 | +€15,791 | +37.8% |
| Trade debts | 44 | €128 | - | -€128 | |
| Suppliers | 440/4 | €128 | - | -€128 | |
| Taxes, remuneration and social security | 45 | €9,134 | €10,007 | +€874 | +9.6% |
| Taxes | 450/3 | €9,134 | €10,007 | +€874 | +9.6% |
| Other amounts payable | 47/48 | €32,518 | €47,564 | +€15,046 | +46.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,177 | €1,106 | -€2,072 | -65.2% |
| Other operating charges | 640/8 | €794 | €591 | -€203 | -25.6% |
| Gross operating margin | 9900 | €57,828 | €81,286 | +€23,458 | +40.6% |
| Operating profit (loss) | 9901 | €53,856 | €79,590 | +€25,733 | +47.8% |
| Financial income | 75/76B | €394 | €68 | -€326 | -82.8% |
| Recurring financial income | 75 | €394 | €68 | -€326 | -82.8% |
| Financial charges | 65/66B | €78 | €90 | +€12 | +15.1% |
| Recurring financial charges | 65 | €78 | €90 | +€12 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €54,172 | €79,567 | +€25,396 | +46.9% |
| Income taxes | 67/77 | €11,769 | €16,495 | +€4,727 | +40.2% |
| Profit (loss) for the period | 9904 | €42,403 | €63,072 | +€20,669 | +48.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,403 | €63,072 | +€20,669 | +48.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.