ICHNIWEN SERVICES: 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.
ICHNIWEN SERVICES
Largest movements
- Receivables within one year +€13,336
up €13,336 (+119%), from €11,245 to €24,581
of which Trade receivables: +€14,670
- Deferred charges and accrued income -€3,663
no longer reported in 2025 (was €3,663)
- Intangible fixed assets -€2,500
down €2,500 (-11.1%), from €22,500 to €20,000
- Cash -€1,589
down €1,589 (-9.2%), from €17,317 to €15,728
mainly Receivables within one year (-€13,336) and Other debts (-€1,452)
- Tangible fixed assets -€620
down €620 (-37.1%), from €1,674 to €1,054
- Profit (loss) carried forward +€5,237
up €5,237 (+16.7%), from €31,405 to €36,642
- Tax, wage and social debts +€2,241
up €2,241 (+76.7%), from €2,922 to €5,163
- Other debts -€1,452
down €1,452 (-99.0%), from €1,466 to €14
- Trade debts -€1,062
down €1,062 (-16.7%), from €6,346 to €5,284
- Turnover -€7,962
down €7,962 (-10.3%), from €77,145 to €69,183
- Gross operating margin -€5,465
down €5,465 (-37.4%), from €14,624 to €9,159
- Taxes -€3,128
down €3,128 (-95.4%), from €3,277 to €149
- Purchases and services -€2,497
down €2,497 (-4.0%), from €62,521 to €60,023
- Other operating charges -€1,118
no longer reported in 2025 (was €1,118)
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 | €56,399 | €61,363 | +€4,964 | +8.8% |
| Fixed assets | 21/28 | €24,174 | €21,054 | -€3,120 | -12.9% |
| Intangible fixed assets | 21 | €22,500 | €20,000 | -€2,500 | -11.1% |
| Tangible fixed assets | 22/27 | €1,674 | €1,054 | -€620 | -37.1% |
| Furniture and vehicles | 24 | €1,674 | €1,054 | -€620 | -37.1% |
| Current assets | 29/58 | €32,225 | €40,309 | +€8,084 | +25.1% |
| Amounts receivable within one year | 40/41 | €11,245 | €24,581 | +€13,336 | +119% |
| Trade receivables | 40 | €9,911 | €24,581 | +€14,670 | +148% |
| Other amounts receivable | 41 | €1,334 | - | -€1,334 | |
| Cash at bank and in hand | 54/58 | €17,317 | €15,728 | -€1,589 | -9.2% |
| Deferred charges and accrued income | 490/1 | €3,663 | - | -€3,663 | |
| Total equity and liabilities | 10/49 | €56,399 | €61,363 | +€4,964 | +8.8% |
| Equity | 10/15 | €45,665 | €50,902 | +€5,237 | +11.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,405 | €36,642 | +€5,237 | +16.7% |
| Amounts payable | 17/49 | €10,734 | €10,461 | -€273 | -2.5% |
| Amounts payable within one year | 42/48 | €10,734 | €10,461 | -€273 | -2.5% |
| Trade debts | 44 | €6,346 | €5,284 | -€1,062 | -16.7% |
| Suppliers | 440/4 | €6,346 | €5,284 | -€1,062 | -16.7% |
| Taxes, remuneration and social security | 45 | €2,922 | €5,163 | +€2,241 | +76.7% |
| Taxes | 450/3 | €2,922 | €5,163 | +€2,241 | +76.7% |
| Other amounts payable | 47/48 | €1,466 | €14 | -€1,452 | -99.0% |
| Turnover | 70 | €77,145 | €69,183 | -€7,962 | -10.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €62,521 | €60,023 | -€2,497 | -4.0% |
| Remuneration, social security and pensions | 62 | €14 | €60 | +€46 | +329% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,120 | €3,120 | = | 0.0% |
| Other operating charges | 640/8 | €1,118 | - | -€1,118 | |
| Gross operating margin | 9900 | €14,624 | €9,159 | -€5,465 | -37.4% |
| Operating profit (loss) | 9901 | €10,372 | €5,979 | -€4,393 | -42.4% |
| Financial charges | 65/66B | €656 | €593 | -€63 | -9.6% |
| Recurring financial charges | 65 | €656 | €593 | -€63 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €9,717 | €5,386 | -€4,330 | -44.6% |
| Income taxes | 67/77 | €3,277 | €149 | -€3,128 | -95.4% |
| Profit (loss) for the period | 9904 | €6,440 | €5,237 | -€1,202 | -18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,440 | €5,237 | -€1,202 | -18.7% |
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 30 October 2026 via checked.be.