IEAN: 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.
IEAN
Largest movements
- Cash +€498,890
up €498,890 (+24.1%), from €2.1m to €2.6m
mainly Net result for the year (+€579,272)
- Reserves +€579,272
up €579,272 (+33.3%), from €1.7m to €2.3m
- Accrued charges and deferred income -€37,783
no longer reported in 2025 (was €37,783)
- Tax, wage and social debts -€34,376
down €34,376 (-9.0%), from €383,517 to €349,141
- Gross operating margin +€83,766
up €83,766 (+12.2%), from €684,082 to €767,848
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 | €2,173,356 | €2,679,297 | +€505,941 | +23.3% |
| Current assets | 29/58 | €2,173,356 | €2,679,297 | +€505,941 | +23.3% |
| Amounts receivable within one year | 40/41 | €102,726 | €109,777 | +€7,051 | +6.9% |
| Trade receivables | 40 | €2,616 | €2,800 | +€184 | +7.0% |
| Other amounts receivable | 41 | €100,110 | €106,977 | +€6,867 | +6.9% |
| Cash at bank and in hand | 54/58 | €2,070,630 | €2,569,520 | +€498,890 | +24.1% |
| Total equity and liabilities | 10/49 | €2,173,356 | €2,679,297 | +€505,941 | +23.3% |
| Equity | 10/15 | €1,750,695 | €2,329,967 | +€579,272 | +33.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,738,295 | €2,317,567 | +€579,272 | +33.3% |
| Distributable reserves | 133 | €1,738,295 | €2,317,567 | +€579,272 | +33.3% |
| Amounts payable | 17/49 | €422,660 | €349,330 | -€73,331 | -17.3% |
| Amounts payable within one year | 42/48 | €384,878 | €349,330 | -€35,548 | -9.2% |
| Trade debts | 44 | €1,361 | €189 | -€1,172 | -86.1% |
| Suppliers | 440/4 | €1,361 | €189 | -€1,172 | -86.1% |
| Taxes, remuneration and social security | 45 | €383,517 | €349,141 | -€34,376 | -9.0% |
| Taxes | 450/3 | €383,517 | €349,141 | -€34,376 | -9.0% |
| Accrued charges and deferred income | 492/3 | €37,783 | - | -€37,783 | |
| Gross operating margin | 9900 | €684,082 | €767,848 | +€83,766 | +12.2% |
| Operating profit (loss) | 9901 | €684,082 | €767,848 | +€83,766 | +12.2% |
| Financial income | 75/76B | €5,562 | €5,611 | +€49 | +0.9% |
| Recurring financial income | 75 | €5,562 | €5,611 | +€49 | +0.9% |
| Financial charges | 65/66B | €793 | €742 | -€51 | -6.4% |
| Recurring financial charges | 65 | €793 | €742 | -€51 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €688,851 | €772,717 | +€83,866 | +12.2% |
| Income taxes | 67/77 | €188,033 | €193,445 | +€5,412 | +2.9% |
| Profit (loss) for the period | 9904 | €500,818 | €579,272 | +€78,454 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €500,818 | €579,272 | +€78,454 | +15.7% |
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 14 October 2026 via checked.be.