IJK & AARDIG: 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.
IJK & AARDIG
Largest movements
- Cash -€94,245
down €94,245 (-60.0%), from €157,167 to €62,923
mainly Contributions, distributions and other (-€168,446) and Debts after one year (-€27,073)
- Intangible fixed assets -€35,000
down €35,000 (-29.1%), from €120,264 to €85,264
- Tangible fixed assets -€8,897
down €8,897 (-23.0%), from €38,711 to €29,814
of which Furniture and vehicles: -€8,524
- Reserves -€86,421
down €86,421 (-51.3%), from €168,446 to €82,026
- Debts after one year -€27,073
down €27,073 (-59.0%), from €45,918 to €18,845
- Current portion of long-term debt -€25,036
down €25,036 (-46.3%), from €54,045 to €29,009
- Other debts -€9,422
down €9,422 (-33.2%), from €28,385 to €18,963
- Tax, wage and social debts +€7,256
up €7,256 (+146%), from €4,959 to €12,215
- Taxes +€10,256
up €10,256 (+43.4%), from €23,609 to €33,865
- Gross operating margin +€3,926
up €3,926 (+2.4%), from €160,732 to €164,658
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 | €321,428 | €180,940 | -€140,488 | -43.7% |
| Fixed assets | 21/28 | €158,975 | €115,077 | -€43,897 | -27.6% |
| Intangible fixed assets | 21 | €120,264 | €85,264 | -€35,000 | -29.1% |
| Tangible fixed assets | 22/27 | €38,711 | €29,814 | -€8,897 | -23.0% |
| Land and buildings | 22 | €981 | €718 | -€262 | -26.8% |
| Plant, machinery and equipment | 23 | €111 | - | -€111 | |
| Furniture and vehicles | 24 | €37,619 | €29,095 | -€8,524 | -22.7% |
| Current assets | 29/58 | €162,453 | €65,863 | -€96,590 | -59.5% |
| Amounts receivable within one year | 40/41 | €5,129 | €2,932 | -€2,198 | -42.8% |
| Trade receivables | 40 | €5,129 | €2,932 | -€2,198 | -42.8% |
| Cash at bank and in hand | 54/58 | €157,167 | €62,923 | -€94,245 | -60.0% |
| Deferred charges and accrued income | 490/1 | €157 | €9 | -€148 | -94.4% |
| Total equity and liabilities | 10/49 | €321,428 | €180,940 | -€140,488 | -43.7% |
| Equity | 10/15 | €187,046 | €100,626 | -€86,421 | -46.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €168,446 | €82,026 | -€86,421 | -51.3% |
| Distributable reserves | 133 | €168,446 | €82,026 | -€86,421 | -51.3% |
| Amounts payable | 17/49 | €134,381 | €80,315 | -€54,067 | -40.2% |
| Amounts payable after more than one year | 17 | €45,918 | €18,845 | -€27,073 | -59.0% |
| Financial debts | 170/4 | €45,918 | €18,845 | -€27,073 | -59.0% |
| Amounts payable within one year | 42/48 | €88,463 | €61,469 | -€26,994 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | €54,045 | €29,009 | -€25,036 | -46.3% |
| Trade debts | 44 | €1,074 | €1,282 | +€207 | +19.3% |
| Suppliers | 440/4 | €1,074 | €1,282 | +€207 | +19.3% |
| Taxes, remuneration and social security | 45 | €4,959 | €12,215 | +€7,256 | +146% |
| Taxes | 450/3 | €4,959 | €12,215 | +€7,256 | +146% |
| Other amounts payable | 47/48 | €28,385 | €18,963 | -€9,422 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,339 | €45,925 | +€587 | +1.3% |
| Other operating charges | 640/8 | €664 | €629 | -€35 | -5.3% |
| Gross operating margin | 9900 | €160,732 | €164,658 | +€3,926 | +2.4% |
| Operating profit (loss) | 9901 | €114,730 | €118,104 | +€3,375 | +2.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +50.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +50.0% |
| Financial charges | 65/66B | €3,166 | €2,213 | -€953 | -30.1% |
| Recurring financial charges | 65 | €3,166 | €2,213 | -€953 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €111,563 | €115,891 | +€4,328 | +3.9% |
| Income taxes | 67/77 | €23,609 | €33,865 | +€10,256 | +43.4% |
| Profit (loss) for the period | 9904 | €87,954 | €82,026 | -€5,929 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €87,954 | €82,026 | -€5,929 | -6.7% |
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 14 October 2026 via checked.be.