IHC.net: 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.
IHC.net
Largest movements
- Tangible fixed assets -€8,288
down €8,288 (-2.1%), from €397,934 to €389,646
of which Land and buildings: -€7,858
- Cash +€6,290
up €6,290 (+100.4%), from €6,263 to €12,553
mainly Depreciation (+€16,331) and Net result for the year (+€5,010)
- Profit (loss) carried forward +€5,010
up €5,010 (+5.9%), from -€84,244 to -€79,234
- Debts after one year -€5,000
down €5,000 (-7.1%), from €70,000 to €65,000
- Gross operating margin -€10,406
down €10,406 (-28.6%), from €36,389 to €25,983
- Financial charges -€1,331
down €1,331 (-78.4%), from €1,698 to €367
- Depreciation +€1,306
up €1,306 (+8.7%), from €15,025 to €16,331
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 | €409,197 | €407,799 | -€1,398 | -0.3% |
| Fixed assets | 21/28 | €402,934 | €394,646 | -€8,288 | -2.1% |
| Tangible fixed assets | 22/27 | €397,934 | €389,646 | -€8,288 | -2.1% |
| Land and buildings | 22 | €396,351 | €388,493 | -€7,858 | -2.0% |
| Plant, machinery and equipment | 23 | €1,031 | €731 | -€300 | -29.1% |
| Furniture and vehicles | 24 | €552 | €422 | -€130 | -23.6% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €6,263 | €13,153 | +€6,890 | +110.0% |
| Cash at bank and in hand | 54/58 | €6,263 | €12,553 | +€6,290 | +100.4% |
| Deferred charges and accrued income | 490/1 | - | €600 | +€600 | |
| Total equity and liabilities | 10/49 | €409,197 | €407,799 | -€1,398 | -0.3% |
| Equity | 10/15 | -€65,644 | -€60,634 | +€5,010 | +7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,244 | -€79,234 | +€5,010 | +5.9% |
| Amounts payable | 17/49 | €474,841 | €468,433 | -€6,408 | -1.3% |
| Amounts payable after more than one year | 17 | €70,000 | €65,000 | -€5,000 | -7.1% |
| Other amounts payable | 178/9 | €70,000 | €65,000 | -€5,000 | -7.1% |
| Amounts payable within one year | 42/48 | €404,841 | €403,433 | -€1,408 | -0.3% |
| Trade debts | 44 | €1,102 | €1,114 | +€12 | +1.1% |
| Suppliers | 440/4 | €1,102 | €1,114 | +€12 | +1.1% |
| Other amounts payable | 47/48 | €403,739 | €402,319 | -€1,420 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,025 | €16,331 | +€1,306 | +8.7% |
| Other operating charges | 640/8 | €4,471 | €4,275 | -€196 | -4.4% |
| Gross operating margin | 9900 | €36,389 | €25,983 | -€10,406 | -28.6% |
| Operating profit (loss) | 9901 | €16,893 | €5,377 | -€11,516 | -68.2% |
| Financial charges | 65/66B | €1,698 | €367 | -€1,331 | -78.4% |
| Recurring financial charges | 65 | €1,698 | €367 | -€1,331 | -78.4% |
| Profit (loss) for the period before taxes | 9903 | €15,195 | €5,010 | -€10,185 | -67.0% |
| Profit (loss) for the period | 9904 | €15,195 | €5,010 | -€10,185 | -67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,195 | €5,010 | -€10,185 | -67.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.