IETS GROUP: 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.
IETS GROUP
Largest movements
- Receivables within one year +€802
up €802 (+84.3%), from €952 to €1,754
of which Trade receivables: +€1,026
- Cash -€788
down €788 (-16.3%), from €4,851 to €4,063
mainly Other debts (-€3,576) and Receivables within one year (-€802)
- Stocks and contracts -€746
down €746 (-78.2%), from €954 to €208
- Tangible fixed assets -€722
down €722 (-11.1%), from €6,506 to €5,784
- Other debts -€3,576
down €3,576 (-72.4%), from €4,941 to €1,365
- Profit (loss) carried forward +€1,872
up €1,872 (+40.5%), from -€4,625 to -€2,753
- Tax, wage and social debts +€145
up €145 (+6226.2%), from €2 to €147
- Gross operating margin +€6,071
up €6,071, from -€3,040 to €3,031
- Other operating charges -€525
down €525 (-80.7%), from €651 to €126
- Financial charges +€93
up €93 (+41.7%), from €222 to €315
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 | €13,368 | €11,809 | -€1,559 | -11.7% |
| Fixed assets | 21/28 | €6,506 | €5,784 | -€722 | -11.1% |
| Tangible fixed assets | 22/27 | €6,506 | €5,784 | -€722 | -11.1% |
| Plant, machinery and equipment | 23 | €6,506 | €5,784 | -€722 | -11.1% |
| Current assets | 29/58 | €6,862 | €6,025 | -€837 | -12.2% |
| Stocks and contracts in progress | 3 | €954 | €208 | -€746 | -78.2% |
| Stocks | 30/36 | €954 | €208 | -€746 | -78.2% |
| Amounts receivable within one year | 40/41 | €952 | €1,754 | +€802 | +84.3% |
| Trade receivables | 40 | €539 | €1,564 | +€1,026 | +190.3% |
| Other amounts receivable | 41 | €413 | €190 | -€223 | -54.1% |
| Cash at bank and in hand | 54/58 | €4,851 | €4,063 | -€788 | -16.3% |
| Deferred charges and accrued income | 490/1 | €105 | - | -€105 | |
| Total equity and liabilities | 10/49 | €13,368 | €11,809 | -€1,559 | -11.7% |
| Equity | 10/15 | €8,425 | €10,297 | +€1,872 | +22.2% |
| Contributions | 10/11 | €13,050 | €13,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,625 | -€2,753 | +€1,872 | +40.5% |
| Amounts payable | 17/49 | €4,943 | €1,512 | -€3,431 | -69.4% |
| Amounts payable within one year | 42/48 | €4,943 | €1,512 | -€3,431 | -69.4% |
| Taxes, remuneration and social security | 45 | €2 | €147 | +€145 | +6226.2% |
| Taxes | 450/3 | €2 | €147 | +€145 | +6226.2% |
| Other amounts payable | 47/48 | €4,941 | €1,365 | -€3,576 | -72.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €714 | €722 | +€8 | +1.1% |
| Other operating charges | 640/8 | €651 | €126 | -€525 | -80.7% |
| Gross operating margin | 9900 | -€3,040 | €3,031 | +€6,071 | |
| Operating profit (loss) | 9901 | -€4,404 | €2,183 | +€6,588 | |
| Financial income | 75/76B | €2 | €3 | +€2 | +109.9% |
| Recurring financial income | 75 | €2 | €3 | +€2 | +109.9% |
| Financial charges | 65/66B | €222 | €315 | +€93 | +41.7% |
| Recurring financial charges | 65 | €222 | €315 | +€93 | +41.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,625 | €1,872 | +€6,497 | |
| Profit (loss) for the period | 9904 | -€4,625 | €1,872 | +€6,497 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,625 | €1,872 | +€6,497 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.