IFrameWorx: what changed
Two fiscal 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.
IFrameWorx
Largest movements
- Cash +€106,787
up €106,787 (+97.5%), from €109,566 to €216,353
mainly Net result for the year (+€69,888) and Receivables after one year (+€25,000)
- Receivables after one year -€25,000
no longer reported in 2025 (was €25,000)
- Receivables within one year -€15,300
down €15,300 (-36.5%), from €41,943 to €26,643
of which Other amounts receivable: -€21,835
- Reserves +€34,991
up €34,991 (+19.3%), from €181,457 to €216,449
of which Distributable reserves: +€34,991
- Trade debts +€20,855
up €20,855 (+880.4%), from €2,369 to €23,224
- Other debts +€15,158
up €15,158 (+60.9%), from €24,871 to €40,029
- Current portion of long-term debt -€4,062
no longer reported in 2025 (was €4,062)
- Gross operating margin +€21,445
up €21,445 (+25.3%), from €84,721 to €106,167
- Depreciation -€13,867
down €13,867 (-59.5%), from €23,289 to €9,423
- Taxes +€9,878
up €9,878 (+55.5%), from €17,783 to €27,660
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 | €227,258 | €292,431 | +€65,173 | +28.7% |
| Fixed assets | 21/28 | €49,040 | €46,785 | -€2,255 | -4.6% |
| Tangible fixed assets | 22/27 | €49,040 | €46,785 | -€2,255 | -4.6% |
| Plant, machinery and equipment | 23 | €6,605 | €5,412 | -€1,193 | -18.1% |
| Furniture and vehicles | 24 | €10,430 | €7,337 | -€3,093 | -29.7% |
| Other tangible fixed assets | 26 | €32,004 | €34,036 | +€2,031 | +6.3% |
| Current assets | 29/58 | €178,218 | €245,646 | +€67,427 | +37.8% |
| Amounts receivable after more than one year | 29 | €25,000 | - | -€25,000 | |
| Other amounts receivable | 291 | €25,000 | - | -€25,000 | |
| Amounts receivable within one year | 40/41 | €41,943 | €26,643 | -€15,300 | -36.5% |
| Trade receivables | 40 | €16,943 | €23,478 | +€6,535 | +38.6% |
| Other amounts receivable | 41 | €25,000 | €3,165 | -€21,835 | -87.3% |
| Cash at bank and in hand | 54/58 | €109,566 | €216,353 | +€106,787 | +97.5% |
| Deferred charges and accrued income | 490/1 | €1,710 | €2,650 | +€940 | +55.0% |
| Total equity and liabilities | 10/49 | €227,258 | €292,431 | +€65,173 | +28.7% |
| Equity | 10/15 | €181,458 | €216,450 | +€34,991 | +19.3% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €181,457 | €216,449 | +€34,991 | +19.3% |
| Tax-exempt reserves | 132 | €675 | €675 | = | 0.0% |
| Distributable reserves | 133 | €180,783 | €215,774 | +€34,991 | +19.4% |
| Amounts payable | 17/49 | €45,800 | €75,981 | +€30,181 | +65.9% |
| Amounts payable within one year | 42/48 | €45,800 | €75,981 | +€30,181 | +65.9% |
| Current portion of amounts payable after more than one year | 42 | €4,062 | - | -€4,062 | |
| Trade debts | 44 | €2,369 | €23,224 | +€20,855 | +880.4% |
| Suppliers | 440/4 | €2,369 | €23,224 | +€20,855 | +880.4% |
| Taxes, remuneration and social security | 45 | €14,499 | €12,728 | -€1,771 | -12.2% |
| Taxes | 450/3 | €11,785 | €9,990 | -€1,796 | -15.2% |
| Remuneration and social security | 454/9 | €2,713 | €2,738 | +€25 | +0.9% |
| Other amounts payable | 47/48 | €24,871 | €40,029 | +€15,158 | +60.9% |
| Non-recurring operating income | 76A | - | €24,338 | +€24,338 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,289 | €9,423 | -€13,867 | -59.5% |
| Other operating charges | 640/8 | €731 | €722 | -€9 | -1.2% |
| Gross operating margin | 9900 | €84,721 | €106,167 | +€21,445 | +25.3% |
| Operating profit (loss) | 9901 | €60,701 | €96,022 | +€35,321 | +58.2% |
| Financial income | 75/76B | €1,500 | €2,290 | +€791 | +52.7% |
| Recurring financial income | 75 | €1,500 | €2,290 | +€791 | +52.7% |
| Financial charges | 65/66B | €354 | €764 | +€410 | +115.9% |
| Recurring financial charges | 65 | €354 | €764 | +€410 | +115.9% |
| Profit (loss) for the period before taxes | 9903 | €61,847 | €97,548 | +€35,701 | +57.7% |
| Income taxes | 67/77 | €17,783 | €27,660 | +€9,878 | +55.5% |
| Profit (loss) for the period | 9904 | €44,064 | €69,888 | +€25,824 | +58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,064 | €69,888 | +€25,824 | +58.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.