IFIELD: 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.
IFIELD
Largest movements
- Cash -€312,959
down €312,959 (-84.7%), from €369,697 to €56,738
mainly Other debts (-€289,979) and Contributions, distributions and other (-€100,000)
- Receivables within one year +€51,166
up €51,166 (+135%), from €37,796 to €88,962
of which Trade receivables: +€47,271
- Tangible fixed assets -€9,011
down €9,011 (-38.4%), from €23,473 to €14,463
- Other debts -€289,979
down €289,979 (-74.4%), from €389,979 to €100,000
- Profit (loss) carried forward +€27,960
new in 2025: €27,960
- Tax, wage and social debts -€4,691
down €4,691 (-28.2%), from €16,632 to €11,941
- Gross operating margin +€79,571
up €79,571 (+55.5%), from €143,388 to €222,959
- Financial charges +€38,067
up €38,067 (+8,631%), from €441 to €38,508
- Taxes +€9,896
up €9,896 (+32.9%), from €30,105 to €40,001
- Financial income -€6,648
down €6,648 (-81.4%), from €8,170 to €1,522
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 | €434,024 | €164,397 | -€269,627 | -62.1% |
| Fixed assets | 21/28 | €23,473 | €14,463 | -€9,011 | -38.4% |
| Tangible fixed assets | 22/27 | €23,473 | €14,463 | -€9,011 | -38.4% |
| Furniture and vehicles | 24 | €23,473 | €14,463 | -€9,011 | -38.4% |
| Current assets | 29/58 | €410,550 | €149,935 | -€260,616 | -63.5% |
| Amounts receivable within one year | 40/41 | €37,796 | €88,962 | +€51,166 | +135% |
| Trade receivables | 40 | €27,729 | €75,000 | +€47,271 | +170% |
| Other amounts receivable | 41 | €10,066 | €13,962 | +€3,896 | +38.7% |
| Cash at bank and in hand | 54/58 | €369,697 | €56,738 | -€312,959 | -84.7% |
| Deferred charges and accrued income | 490/1 | €3,058 | €4,235 | +€1,177 | +38.5% |
| Total equity and liabilities | 10/49 | €434,024 | €164,397 | -€269,627 | -62.1% |
| Equity | 10/15 | €20,460 | €48,420 | +€27,960 | +137% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €27,960 | +€27,960 | |
| Amounts payable | 17/49 | €413,564 | €115,978 | -€297,586 | -72.0% |
| Amounts payable within one year | 42/48 | €413,564 | €115,792 | -€297,772 | -72.0% |
| Trade debts | 44 | €6,953 | €3,851 | -€3,102 | -44.6% |
| Suppliers | 440/4 | €6,953 | €3,851 | -€3,102 | -44.6% |
| Taxes, remuneration and social security | 45 | €16,632 | €11,941 | -€4,691 | -28.2% |
| Taxes | 450/3 | €16,632 | €11,941 | -€4,691 | -28.2% |
| Other amounts payable | 47/48 | €389,979 | €100,000 | -€289,979 | -74.4% |
| Accrued charges and deferred income | 492/3 | - | €186 | +€186 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,030 | €17,826 | +€796 | +4.7% |
| Other operating charges | 640/8 | €81 | €185 | +€104 | +128% |
| Gross operating margin | 9900 | €143,388 | €222,959 | +€79,571 | +55.5% |
| Operating profit (loss) | 9901 | €126,277 | €204,948 | +€78,671 | +62.3% |
| Financial income | 75/76B | €8,170 | €1,522 | -€6,648 | -81.4% |
| Recurring financial income | 75 | €8,170 | €1,522 | -€6,648 | -81.4% |
| Financial charges | 65/66B | €441 | €38,508 | +€38,067 | +8,631% |
| Recurring financial charges | 65 | €441 | €38,508 | +€38,067 | +8,631% |
| Profit (loss) for the period before taxes | 9903 | €134,005 | €167,961 | +€33,956 | +25.3% |
| Income taxes | 67/77 | €30,105 | €40,001 | +€9,896 | +32.9% |
| Profit (loss) for the period | 9904 | €103,900 | €127,960 | +€24,060 | +23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €103,900 | €127,960 | +€24,060 | +23.2% |
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 18 October 2026 via checked.be.