IFOON: 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.
IFOON
Largest movements
- Cash +€70,190
up €70,190 (+78.1%), from €89,826 to €160,016
mainly Net result for the year (+€43,575) and Other debts (+€21,001)
- Receivables within one year -€16,383
down €16,383 (-86.8%), from €18,879 to €2,496
of which Trade receivables: -€18,879
- Reserves +€25,575
up €25,575 (+42.8%), from €59,802 to €85,377
of which Distributable reserves: +€25,575
- Other debts +€21,001
new in 2025: €21,001
- Trade debts +€10,672
up €10,672 (+225%), from €4,747 to €15,419
- Debts after one year -€6,420
no longer reported in 2025 (was €6,420)
- Tax, wage and social debts +€4,085
up €4,085 (+21.5%), from €18,981 to €23,066
- Gross operating margin +€20,181
up €20,181 (+43.9%), from €45,960 to €66,140
- Taxes +€6,356
up €6,356 (+40.9%), from €15,540 to €21,896
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 | €108,705 | €163,618 | +€54,913 | +50.5% |
| Fixed assets | 21/28 | - | €1,106 | +€1,106 | |
| Tangible fixed assets | 22/27 | - | €1,106 | +€1,106 | |
| Furniture and vehicles | 24 | - | €1,106 | +€1,106 | |
| Current assets | 29/58 | €108,705 | €162,512 | +€53,807 | +49.5% |
| Amounts receivable within one year | 40/41 | €18,879 | €2,496 | -€16,383 | -86.8% |
| Trade receivables | 40 | €18,879 | - | -€18,879 | |
| Other amounts receivable | 41 | - | €2,496 | +€2,496 | |
| Cash at bank and in hand | 54/58 | €89,826 | €160,016 | +€70,190 | +78.1% |
| Total equity and liabilities | 10/49 | €108,705 | €163,618 | +€54,913 | +50.5% |
| Equity | 10/15 | €78,557 | €104,133 | +€25,575 | +32.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €59,802 | €85,377 | +€25,575 | +42.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €57,942 | €83,517 | +€25,575 | +44.1% |
| Profit (loss) carried forward | 14 | €156 | €156 | = | 0.0% |
| Amounts payable | 17/49 | €30,148 | €59,485 | +€29,337 | +97.3% |
| Amounts payable after more than one year | 17 | €6,420 | - | -€6,420 | |
| Other amounts payable | 178/9 | €6,420 | - | -€6,420 | |
| Amounts payable within one year | 42/48 | €23,728 | €59,485 | +€35,757 | +151% |
| Trade debts | 44 | €4,747 | €15,419 | +€10,672 | +225% |
| Suppliers | 440/4 | €4,747 | €15,419 | +€10,672 | +225% |
| Taxes, remuneration and social security | 45 | €18,981 | €23,066 | +€4,085 | +21.5% |
| Taxes | 450/3 | €18,981 | €23,066 | +€4,085 | +21.5% |
| Other amounts payable | 47/48 | - | €21,001 | +€21,001 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4 | +€4 | |
| Other operating charges | 640/8 | €233 | €520 | +€287 | +123% |
| Gross operating margin | 9900 | €45,960 | €66,140 | +€20,181 | +43.9% |
| Operating profit (loss) | 9901 | €45,727 | €65,616 | +€19,889 | +43.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €126 | €145 | +€20 | +15.6% |
| Recurring financial charges | 65 | €126 | €145 | +€20 | +15.6% |
| Profit (loss) for the period before taxes | 9903 | €45,601 | €65,471 | +€19,870 | +43.6% |
| Income taxes | 67/77 | €15,540 | €21,896 | +€6,356 | +40.9% |
| Profit (loss) for the period | 9904 | €30,061 | €43,575 | +€13,514 | +45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,061 | €43,575 | +€13,514 | +45.0% |
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 23 October 2026 via checked.be.