IJZERWEELDE: 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.
IJZERWEELDE
Largest movements
- Tangible fixed assets -€30,285
down €30,285 (-16.0%), from €189,066 to €158,781
of which Land and buildings: -€19,150
- Cash +€26,255
up €26,255 (+13.7%), from €191,650 to €217,905
mainly Other debts (+€38,282) and Depreciation (+€36,443)
- Reserves -€40,936
down €40,936 (-18.6%), from €219,595 to €178,659
- Other debts +€38,282
up €38,282 (+2,228%), from €1,718 to €40,000
- Debts after one year -€11,678
down €11,678 (-15.3%), from €76,296 to €64,618
- Trade debts +€10,435
up €10,435 (+155%), from €6,712 to €17,148
- Gross operating margin +€2,552
up €2,552 (+6.5%), from €38,967 to €41,519
- Depreciation +€2,018
up €2,018 (+5.9%), from €34,425 to €36,443
- Other operating charges -€691
down €691 (-16.7%), from €4,136 to €3,445
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 | €432,852 | €428,313 | -€4,539 | -1.0% |
| Formation expenses | 20 | €922 | €781 | -€141 | -15.3% |
| Fixed assets | 21/28 | €189,066 | €158,781 | -€30,285 | -16.0% |
| Tangible fixed assets | 22/27 | €189,066 | €158,781 | -€30,285 | -16.0% |
| Land and buildings | 22 | €125,365 | €106,215 | -€19,150 | -15.3% |
| Plant, machinery and equipment | 23 | €30,021 | €26,497 | -€3,524 | -11.7% |
| Furniture and vehicles | 24 | €10,792 | €9,506 | -€1,287 | -11.9% |
| Other tangible fixed assets | 26 | €22,888 | €16,563 | -€6,325 | -27.6% |
| Current assets | 29/58 | €242,865 | €268,752 | +€25,887 | +10.7% |
| Amounts receivable within one year | 40/41 | €51,120 | €50,716 | -€404 | -0.8% |
| Trade receivables | 40 | €5,286 | €21,452 | +€16,166 | +306% |
| Other amounts receivable | 41 | €45,834 | €29,263 | -€16,571 | -36.2% |
| Cash at bank and in hand | 54/58 | €191,650 | €217,905 | +€26,255 | +13.7% |
| Deferred charges and accrued income | 490/1 | €95 | €131 | +€36 | +37.9% |
| Total equity and liabilities | 10/49 | €432,852 | €428,313 | -€4,539 | -1.0% |
| Equity | 10/15 | €319,595 | €278,659 | -€40,936 | -12.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €219,595 | €178,659 | -€40,936 | -18.6% |
| Distributable reserves | 133 | €219,595 | €178,659 | -€40,936 | -18.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €113,257 | €149,654 | +€36,397 | +32.1% |
| Amounts payable after more than one year | 17 | €76,296 | €64,618 | -€11,678 | -15.3% |
| Financial debts | 170/4 | €76,296 | €64,618 | -€11,678 | -15.3% |
| Amounts payable within one year | 42/48 | €36,961 | €85,030 | +€48,070 | +130% |
| Current portion of amounts payable after more than one year | 42 | €11,226 | €11,678 | +€452 | +4.0% |
| Trade debts | 44 | €6,712 | €17,148 | +€10,435 | +155% |
| Suppliers | 440/4 | €6,712 | €17,148 | +€10,435 | +155% |
| Advances received on contracts in progress | 46 | €17,305 | €15,416 | -€1,889 | -10.9% |
| Taxes, remuneration and social security | 45 | €0 | €789 | +€789 | |
| Taxes | 450/3 | €0 | €789 | +€789 | |
| Other amounts payable | 47/48 | €1,718 | €40,000 | +€38,282 | +2,228% |
| Accrued charges and deferred income | 492/3 | - | €5 | +€5 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,425 | €36,443 | +€2,018 | +5.9% |
| Other operating charges | 640/8 | €4,136 | €3,445 | -€691 | -16.7% |
| Gross operating margin | 9900 | €38,967 | €41,519 | +€2,552 | +6.5% |
| Operating profit (loss) | 9901 | €406 | €1,631 | +€1,225 | +302% |
| Financial income | 75/76B | €1,447 | €1,271 | -€176 | -12.2% |
| Recurring financial income | 75 | €1,447 | €1,271 | -€176 | -12.2% |
| Financial charges | 65/66B | €4,025 | €3,838 | -€187 | -4.6% |
| Recurring financial charges | 65 | €4,025 | €3,838 | -€187 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,172 | -€936 | +€1,235 | +56.9% |
| Profit (loss) for the period | 9904 | -€2,172 | -€936 | +€1,235 | +56.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,172 | -€936 | +€1,235 | +56.9% |
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 15 October 2026 via checked.be.