IIVII: 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.
IIVII
Largest movements
- Receivables within one year -€23,827
down €23,827 (-81.6%), from €29,192 to €5,365
of which Trade receivables: -€21,559
- Cash +€17,665
up €17,665 (+45.6%), from €38,777 to €56,442
mainly Receivables within one year (+€23,827) and Depreciation (+€17,159)
- Tangible fixed assets -€17,159
down €17,159 (-37.2%), from €46,180 to €29,020
of which Furniture and vehicles: -€16,543
- Profit (loss) carried forward -€16,315
down €16,315 (-124%), from -€13,196 to -€29,511
- Trade debts -€2,996
down €2,996 (-71.9%), from €4,166 to €1,170
- Tax, wage and social debts -€1,867
down €1,867 (-97.5%), from €1,916 to €48
- Other debts -€1,744
down €1,744 (-2.6%), from €67,741 to €65,998
- Gross operating margin -€2,103
down €2,103 (-54.0%), from €3,897 to €1,794
- Depreciation +€828
up €828 (+5.1%), from €16,331 to €17,159
- Other operating charges +€180
up €180 (+35.4%), from €509 to €690
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 | €114,242 | €91,320 | -€22,922 | -20.1% |
| Fixed assets | 21/28 | €46,180 | €29,020 | -€17,159 | -37.2% |
| Tangible fixed assets | 22/27 | €46,180 | €29,020 | -€17,159 | -37.2% |
| Plant, machinery and equipment | 23 | €2,859 | €2,242 | -€616 | -21.6% |
| Furniture and vehicles | 24 | €43,321 | €26,778 | -€16,543 | -38.2% |
| Current assets | 29/58 | €68,063 | €62,300 | -€5,763 | -8.5% |
| Amounts receivable within one year | 40/41 | €29,192 | €5,365 | -€23,827 | -81.6% |
| Trade receivables | 40 | €25,410 | €3,851 | -€21,559 | -84.8% |
| Other amounts receivable | 41 | €3,782 | €1,515 | -€2,267 | -59.9% |
| Cash at bank and in hand | 54/58 | €38,777 | €56,442 | +€17,665 | +45.6% |
| Deferred charges and accrued income | 490/1 | €94 | €492 | +€399 | +426% |
| Total equity and liabilities | 10/49 | €114,242 | €91,320 | -€22,922 | -20.1% |
| Equity | 10/15 | €40,419 | €24,104 | -€16,315 | -40.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €48,615 | €48,615 | = | 0.0% |
| Distributable reserves | 133 | €48,615 | €48,615 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,196 | -€29,511 | -€16,315 | -124% |
| Amounts payable | 17/49 | €73,823 | €67,216 | -€6,607 | -9.0% |
| Amounts payable within one year | 42/48 | €73,823 | €67,216 | -€6,607 | -9.0% |
| Trade debts | 44 | €4,166 | €1,170 | -€2,996 | -71.9% |
| Suppliers | 440/4 | €4,166 | €1,170 | -€2,996 | -71.9% |
| Taxes, remuneration and social security | 45 | €1,916 | €48 | -€1,867 | -97.5% |
| Taxes | 450/3 | €1,916 | €48 | -€1,867 | -97.5% |
| Other amounts payable | 47/48 | €67,741 | €65,998 | -€1,744 | -2.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,331 | €17,159 | +€828 | +5.1% |
| Other operating charges | 640/8 | €509 | €690 | +€180 | +35.4% |
| Gross operating margin | 9900 | €3,897 | €1,794 | -€2,103 | -54.0% |
| Operating profit (loss) | 9901 | -€12,943 | -€16,055 | -€3,112 | -24.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €65 | €56 | -€9 | -13.9% |
| Recurring financial charges | 65 | €65 | €56 | -€9 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,008 | -€16,111 | -€3,103 | -23.9% |
| Income taxes | 67/77 | €218 | €204 | -€14 | -6.5% |
| Profit (loss) for the period | 9904 | -€13,226 | -€16,315 | -€3,089 | -23.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,226 | -€16,315 | -€3,089 | -23.4% |
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 27 October 2026 via checked.be.