IFSaJaLe: 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.
IFSaJaLe
Largest movements
- Deferred charges and accrued income -€47,564
down €47,564 (-90.1%), from €52,816 to €5,252
- Cash +€18,713
up €18,713 (+44.0%), from €42,544 to €61,257
mainly Deferred charges and accrued income (+€47,564) and Net result for the year (+€4,543)
- Receivables within one year -€2,569
no longer reported in 2025 (was €2,569)
- Tangible fixed assets -€1,942
down €1,942 (-27.0%), from €7,196 to €5,254
of which Other tangible fixed assets: -€1,244
- Other debts -€22,112
down €22,112 (-62.1%), from €35,582 to €13,470
- Tax, wage and social debts -€17,655
down €17,655 (-47.9%), from €36,824 to €19,169
of which Taxes: -€16,682
- Profit (loss) carried forward +€4,543
up €4,543 (+58.6%), from €7,749 to €12,291
- Trade debts +€1,862
up €1,862 (+502.0%), from €371 to €2,233
- Gross operating margin -€44,503
down €44,503 (-72.8%), from €61,090 to €16,587
- Taxes -€9,103
down €9,103 (-69.7%), from €13,069 to €3,966
- Financial charges +€1,186
up €1,186 (+89.1%), from €1,331 to €2,517
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 | €105,925 | €72,563 | -€33,362 | -31.5% |
| Fixed assets | 21/28 | €7,996 | €6,054 | -€1,942 | -24.3% |
| Tangible fixed assets | 22/27 | €7,196 | €5,254 | -€1,942 | -27.0% |
| Plant, machinery and equipment | 23 | €140 | €308 | +€168 | +120.3% |
| Furniture and vehicles | 24 | €2,081 | €1,214 | -€866 | -41.6% |
| Other tangible fixed assets | 26 | €4,976 | €3,732 | -€1,244 | -25.0% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €97,929 | €66,509 | -€31,420 | -32.1% |
| Amounts receivable within one year | 40/41 | €2,569 | - | -€2,569 | |
| Trade receivables | 40 | €2,569 | - | -€2,569 | |
| Cash at bank and in hand | 54/58 | €42,544 | €61,257 | +€18,713 | +44.0% |
| Deferred charges and accrued income | 490/1 | €52,816 | €5,252 | -€47,564 | -90.1% |
| Total equity and liabilities | 10/49 | €105,925 | €72,563 | -€33,362 | -31.5% |
| Equity | 10/15 | €30,149 | €34,691 | +€4,543 | +15.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,749 | €12,291 | +€4,543 | +58.6% |
| Amounts payable | 17/49 | €75,777 | €37,872 | -€37,905 | -50.0% |
| Amounts payable within one year | 42/48 | €72,777 | €34,872 | -€37,905 | -52.1% |
| Trade debts | 44 | €371 | €2,233 | +€1,862 | +502.0% |
| Suppliers | 440/4 | €371 | €2,233 | +€1,862 | +502.0% |
| Taxes, remuneration and social security | 45 | €36,824 | €19,169 | -€17,655 | -47.9% |
| Taxes | 450/3 | €35,351 | €18,669 | -€16,682 | -47.2% |
| Remuneration and social security | 454/9 | €1,473 | €500 | -€973 | -66.0% |
| Other amounts payable | 47/48 | €35,582 | €13,470 | -€22,112 | -62.1% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,250 | €2,348 | +€98 | +4.4% |
| Other operating charges | 640/8 | €3,044 | €3,255 | +€211 | +6.9% |
| Non-recurring operating charges | 66A | €63 | - | -€63 | |
| Gross operating margin | 9900 | €61,090 | €16,587 | -€44,503 | -72.8% |
| Operating profit (loss) | 9901 | €55,733 | €10,983 | -€44,750 | -80.3% |
| Financial income | 75/76B | - | €42 | +€42 | |
| Recurring financial income | 75 | - | €42 | +€42 | |
| Financial charges | 65/66B | €1,331 | €2,517 | +€1,186 | +89.1% |
| Recurring financial charges | 65 | €1,331 | €2,517 | +€1,186 | +89.1% |
| Profit (loss) for the period before taxes | 9903 | €54,401 | €8,508 | -€45,893 | -84.4% |
| Income taxes | 67/77 | €13,069 | €3,966 | -€9,103 | -69.7% |
| Profit (loss) for the period | 9904 | €41,333 | €4,543 | -€36,790 | -89.0% |
| Profit (loss) for the period to be appropriated | 9905 | €41,333 | €4,543 | -€36,790 | -89.0% |
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 11 October 2026 via checked.be.