IAN CORNE IT: 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.
IAN CORNE IT
Largest movements
- Cash +€60,933
up €60,933 (+49.6%), from €122,759 to €183,692
mainly Net result for the year (+€83,225) and Other debts (+€71,400)
- Tangible fixed assets +€14,508
up €14,508 (+29.7%), from €48,835 to €63,343
of which Other tangible fixed assets: +€9,522
- Receivables within one year +€7,236
up €7,236 (+34.2%), from €21,143 to €28,378
of which Other amounts receivable: +€6,681
- Other debts +€71,400
up €71,400 (+1,531%), from €4,664 to €76,064
- Tax, wage and social debts +€11,123
up €11,123 (+227%), from €4,899 to €16,022
- Gross operating margin +€4,278
up €4,278 (+3.6%), from €117,478 to €121,755
- Taxes +€1,908
up €1,908 (+8.9%), from €21,376 to €23,284
- Depreciation +€1,788
up €1,788 (+13.9%), from €12,850 to €14,638
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 | €192,736 | €275,413 | +€82,676 | +42.9% |
| Fixed assets | 21/28 | €48,835 | €63,343 | +€14,508 | +29.7% |
| Tangible fixed assets | 22/27 | €48,835 | €63,343 | +€14,508 | +29.7% |
| Plant, machinery and equipment | 23 | €1,953 | €4,313 | +€2,360 | +121% |
| Furniture and vehicles | 24 | €38,172 | €40,798 | +€2,626 | +6.9% |
| Other tangible fixed assets | 26 | €8,709 | €18,231 | +€9,522 | +109% |
| Current assets | 29/58 | €143,902 | €212,070 | +€68,168 | +47.4% |
| Amounts receivable within one year | 40/41 | €21,143 | €28,378 | +€7,236 | +34.2% |
| Trade receivables | 40 | €21,108 | €21,662 | +€554 | +2.6% |
| Other amounts receivable | 41 | €35 | €6,716 | +€6,681 | +19,333% |
| Cash at bank and in hand | 54/58 | €122,759 | €183,692 | +€60,933 | +49.6% |
| Total equity and liabilities | 10/49 | €192,736 | €275,413 | +€82,676 | +42.9% |
| Equity | 10/15 | €182,789 | €182,014 | -€775 | -0.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €176,000 | €176,000 | = | 0.0% |
| Distributable reserves | 133 | €176,000 | €176,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €789 | €14 | -€775 | -98.2% |
| Amounts payable | 17/49 | €9,947 | €93,398 | +€83,452 | +839% |
| Amounts payable within one year | 42/48 | €9,947 | €93,398 | +€83,452 | +839% |
| Trade debts | 44 | €384 | €1,313 | +€929 | +242% |
| Suppliers | 440/4 | €384 | €1,313 | +€929 | +242% |
| Taxes, remuneration and social security | 45 | €4,899 | €16,022 | +€11,123 | +227% |
| Taxes | 450/3 | €4,899 | €16,022 | +€11,123 | +227% |
| Other amounts payable | 47/48 | €4,664 | €76,064 | +€71,400 | +1,531% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,850 | €14,638 | +€1,788 | +13.9% |
| Other operating charges | 640/8 | €448 | €569 | +€121 | +27.0% |
| Gross operating margin | 9900 | €117,478 | €121,755 | +€4,278 | +3.6% |
| Operating profit (loss) | 9901 | €104,179 | €106,548 | +€2,369 | +2.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €46 | €40 | -€7 | -14.2% |
| Recurring financial charges | 65 | €46 | €40 | -€7 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €104,133 | €106,509 | +€2,376 | +2.3% |
| Income taxes | 67/77 | €21,376 | €23,284 | +€1,908 | +8.9% |
| Profit (loss) for the period | 9904 | €82,758 | €83,225 | +€467 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €82,758 | €83,225 | +€467 | +0.6% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.