IJS-CO: 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.
IJS-CO
Largest movements
- Cash +€75,120
up €75,120 (+107%), from €70,224 to €145,344
mainly Net result for the year (+€78,970) and Depreciation (+€32,413)
- Receivables within one year -€18,366
down €18,366 (-87.7%), from €20,946 to €2,581
of which Trade receivables: -€13,515
- Profit (loss) carried forward +€78,970
up €78,970 (+63.5%), from €124,339 to €203,309
- Other debts +€18,892
up €18,892 (+22.4%), from €84,477 to €103,369
- Debts after one year -€17,622
down €17,622 (-15.2%), from €116,179 to €98,557
- Trade debts -€10,795
down €10,795 (-49.6%), from €21,752 to €10,958
- Tax, wage and social debts -€8,255
down €8,255 (-57.6%), from €14,322 to €6,067
of which Taxes: -€7,558
- Gross operating margin +€39,413
up €39,413 (+34.1%), from €115,740 to €155,153
- Taxes +€7,248
up €7,248 (+62.1%), from €11,664 to €18,913
- Depreciation +€4,967
up €4,967 (+18.1%), from €27,446 to €32,413
- Staff costs +€2,439
up €2,439 (+27.3%), from €8,945 to €11,385
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 | €454,503 | €516,498 | +€61,995 | +13.6% |
| Fixed assets | 21/28 | €358,779 | €363,039 | +€4,260 | +1.2% |
| Tangible fixed assets | 22/27 | €357,279 | €361,039 | +€3,760 | +1.1% |
| Land and buildings | 22 | €118,317 | €115,286 | -€3,030 | -2.6% |
| Plant, machinery and equipment | 23 | €103,164 | €86,511 | -€16,653 | -16.1% |
| Furniture and vehicles | 24 | €8,100 | €6,585 | -€1,514 | -18.7% |
| Other tangible fixed assets | 26 | €127,698 | €152,656 | +€24,958 | +19.5% |
| Financial fixed assets | 28 | €1,500 | €2,000 | +€500 | +33.3% |
| Current assets | 29/58 | €95,724 | €153,459 | +€57,735 | +60.3% |
| Stocks and contracts in progress | 3 | €3,111 | €4,703 | +€1,592 | +51.2% |
| Stocks | 30/36 | €3,111 | €4,703 | +€1,592 | +51.2% |
| Amounts receivable within one year | 40/41 | €20,946 | €2,581 | -€18,366 | -87.7% |
| Trade receivables | 40 | €13,515 | €0 | -€13,515 | -100% |
| Other amounts receivable | 41 | €7,431 | €2,581 | -€4,851 | -65.3% |
| Cash at bank and in hand | 54/58 | €70,224 | €145,344 | +€75,120 | +107% |
| Deferred charges and accrued income | 490/1 | €1,443 | €831 | -€612 | -42.4% |
| Total equity and liabilities | 10/49 | €454,503 | €516,498 | +€61,995 | +13.6% |
| Equity | 10/15 | €200,046 | €279,016 | +€78,970 | +39.5% |
| Contributions | 10/11 | €23,000 | €23,000 | = | 0.0% |
| Reserves | 13 | €52,708 | €52,708 | = | 0.0% |
| Distributable reserves | 133 | €52,708 | €52,708 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,339 | €203,309 | +€78,970 | +63.5% |
| Amounts payable | 17/49 | €254,457 | €237,482 | -€16,975 | -6.7% |
| Amounts payable after more than one year | 17 | €116,179 | €98,557 | -€17,622 | -15.2% |
| Financial debts | 170/4 | €116,179 | €98,557 | -€17,622 | -15.2% |
| Amounts payable within one year | 42/48 | €137,810 | €138,016 | +€205 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €17,259 | €17,622 | +€363 | +2.1% |
| Trade debts | 44 | €21,752 | €10,958 | -€10,795 | -49.6% |
| Suppliers | 440/4 | €21,752 | €10,958 | -€10,795 | -49.6% |
| Taxes, remuneration and social security | 45 | €14,322 | €6,067 | -€8,255 | -57.6% |
| Taxes | 450/3 | €13,414 | €5,857 | -€7,558 | -56.3% |
| Remuneration and social security | 454/9 | €908 | €210 | -€698 | -76.8% |
| Other amounts payable | 47/48 | €84,477 | €103,369 | +€18,892 | +22.4% |
| Accrued charges and deferred income | 492/3 | €467 | €909 | +€442 | +94.5% |
| Remuneration, social security and pensions | 62 | €8,945 | €11,385 | +€2,439 | +27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,446 | €32,413 | +€4,967 | +18.1% |
| Other operating charges | 640/8 | €2,186 | €2,046 | -€140 | -6.4% |
| Gross operating margin | 9900 | €115,740 | €155,153 | +€39,413 | +34.1% |
| Operating profit (loss) | 9901 | €77,163 | €109,310 | +€32,146 | +41.7% |
| Financial income | 75/76B | €18 | €0 | -€18 | -100% |
| Recurring financial income | 75 | €18 | €0 | -€18 | -100% |
| Financial charges | 65/66B | €10,615 | €11,427 | +€812 | +7.6% |
| Recurring financial charges | 65 | €10,615 | €11,427 | +€812 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €66,566 | €97,883 | +€31,316 | +47.0% |
| Income taxes | 67/77 | €11,664 | €18,913 | +€7,248 | +62.1% |
| Profit (loss) for the period | 9904 | €54,902 | €78,970 | +€24,068 | +43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €54,902 | €78,970 | +€24,068 | +43.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.