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iFix: 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.

What changed

iFix

BE 0842.180.427
NACE 43.990, Other specialised construction activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€8,633
2024 · €9,805-€1,172
Equity
€42,120
2024 · €44,074-€1,954
Cash
€455
2024 · €756-€301
Balance sheet total
€68,594
2024 · €62,528+€6,066

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€6,646

    new in 2025: €6,646

  • Receivables after one year -€2,017

    down €2,017 (-10.1%), from €19,928 to €17,911

  • Receivables within one year +€981

    up €981 (+2.3%), from €41,844 to €42,825

    of which Trade receivables: +€1,938

  • Deferred charges and accrued income +€756

    new in 2025: €756

Equity and liabilities
  • Trade debts +€5,097

    up €5,097 (+509%), from €1,002 to €6,099

  • Tax, wage and social debts +€2,827

    up €2,827 (+40.6%), from €6,961 to €9,788

  • Other debts +€2,624

    up €2,624 (+32.9%), from €7,963 to €10,587

  • Short-term financial debts -€2,503

    no longer reported in 2025 (was €2,503)

  • Reserves -€1,987

    down €1,987 (-7.8%), from €25,369 to €23,382

Income statement
  • Gross operating margin -€1,747

    down €1,747 (-10.2%), from €17,205 to €15,458

  • Taxes -€927

    down €927 (-17.3%), from €5,357 to €4,431

  • Financial charges +€868

    up €868 (+102%), from €849 to €1,717

  • Other operating charges -€679

    down €679 (-56.8%), from €1,195 to €516

  • Depreciation +€242

    new in 2025: €242

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €9,805
Gross operating margin -€1,747
Depreciation -€242
Other operating charges +€679
Financial income +€79
Financial charges -€868
Taxes +€927
Result 2025 €8,633
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€19,676
Investment -€6,887
Financing -€13,090
Cash 2024 €756
Net result for the year +€8,633
Depreciation +€242
Receivables after one year +€2,017
Receivables within one year -€981
Deferred charges and accrued income -€756
Trade debts +€5,097
Tax, wage and social debts +€2,827
Other debts +€2,624
Accrued charges and deferred income -€26
Investment in fixed assets (net) -€6,887
Short-term financial debts -€2,503
Contributions, distributions and other -€10,587
Cash 2025 €455
brings cash intakes cash out
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €62,528 €68,594 +€6,066 +9.7%
Fixed assets 21/28 - €6,646 +€6,646
Tangible fixed assets 22/27 - €6,646 +€6,646
Furniture and vehicles 24 - €6,646 +€6,646
Current assets 29/58 €62,528 €61,948 -€580 -0.9%
Amounts receivable after more than one year 29 €19,928 €17,911 -€2,017 -10.1%
Other amounts receivable 291 €19,928 €17,911 -€2,017 -10.1%
Amounts receivable within one year 40/41 €41,844 €42,825 +€981 +2.3%
Trade receivables 40 €40,633 €42,571 +€1,938 +4.8%
Other amounts receivable 41 €1,210 €254 -€956 -79.0%
Cash at bank and in hand 54/58 €756 €455 -€301 -39.8%
Deferred charges and accrued income 490/1 - €756 +€756
Total equity and liabilities 10/49 €62,528 €68,594 +€6,066 +9.7%
Equity 10/15 €44,074 €42,120 -€1,954 -4.4%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €25,369 €23,382 -€1,987 -7.8%
Distributable reserves 133 €25,369 €23,382 -€1,987 -7.8%
Profit (loss) carried forward 14 €105 €138 +€33 +31.4%
Amounts payable 17/49 €18,454 €26,474 +€8,019 +43.5%
Amounts payable within one year 42/48 €18,428 €26,474 +€8,045 +43.7%
Financial debts 43 €2,503 - -€2,503
Other loans 439 €2,503 - -€2,503
Trade debts 44 €1,002 €6,099 +€5,097 +509%
Suppliers 440/4 €1,002 €6,099 +€5,097 +509%
Taxes, remuneration and social security 45 €6,961 €9,788 +€2,827 +40.6%
Taxes 450/3 €6,961 €9,788 +€2,827 +40.6%
Other amounts payable 47/48 €7,963 €10,587 +€2,624 +32.9%
Accrued charges and deferred income 492/3 €26 - -€26
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €242 +€242
Other operating charges 640/8 €1,195 €516 -€679 -56.8%
Gross operating margin 9900 €17,205 €15,458 -€1,747 -10.2%
Operating profit (loss) 9901 €16,010 €14,700 -€1,309 -8.2%
Financial income 75/76B €2 €81 +€79 +3,888%
Recurring financial income 75 €2 €81 +€79 +3,888%
Financial charges 65/66B €849 €1,717 +€868 +102%
Recurring financial charges 65 €849 €1,717 +€868 +102%
Profit (loss) for the period before taxes 9903 €15,163 €13,064 -€2,099 -13.8%
Income taxes 67/77 €5,357 €4,431 -€927 -17.3%
Profit (loss) for the period 9904 €9,805 €8,633 -€1,172 -12.0%
Profit (loss) for the period to be appropriated 9905 €9,805 €8,633 -€1,172 -12.0%

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 17 October 2026 via checked.be.