IK ELECTRIC CONSTRUCT: what changed
IK ELECTRIC CONSTRUCT
Largest movements
- Tangible fixed assets -€4,818
down €4,818 (-35.3%), from €13,650 to €8,832
of which Furniture and vehicles: -€5,167
- Cash -€3,577
down €3,577 (-96.4%), from €3,710 to €133
mainly Net result for the year (-€6,829) and Receivables within one year (-€1,774)
- Receivables within one year +€1,774
up €1,774 (+88.0%), from €2,015 to €3,789
of which Other amounts receivable: +€1,774
- Profit (loss) carried forward -€6,829
down €6,829 (-94.5%), from €7,227 to €398
- Other debts -€688
down €688 (-9.7%), from €7,125 to €6,437
- Trade debts +€673
up €673 (+320%), from €210 to €883
- Gross operating margin -€14,751
down €14,751, from €14,626 to -€126
- Taxes -€1,776
no longer reported in 2025 (was €1,776)
- Depreciation +€1,273
up €1,273 (+25.9%), from €4,922 to €6,195
- Other operating charges -€303
down €303 (-52.9%), from €573 to €270
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,138 | €13,342 | -€6,796 | -33.7% |
| Formation expenses | 20 | €710 | €533 | -€178 | -25.0% |
| Fixed assets | 21/28 | €13,650 | €8,832 | -€4,818 | -35.3% |
| Tangible fixed assets | 22/27 | €13,650 | €8,832 | -€4,818 | -35.3% |
| Plant, machinery and equipment | 23 | €2,300 | €2,649 | +€348 | +15.1% |
| Furniture and vehicles | 24 | €11,350 | €6,183 | -€5,167 | -45.5% |
| Current assets | 29/58 | €5,777 | €3,977 | -€1,801 | -31.2% |
| Amounts receivable within one year | 40/41 | €2,015 | €3,789 | +€1,774 | +88.0% |
| Trade receivables | 40 | €1,171 | €1,171 | = | 0.0% |
| Other amounts receivable | 41 | €844 | €2,618 | +€1,774 | +210% |
| Cash at bank and in hand | 54/58 | €3,710 | €133 | -€3,577 | -96.4% |
| Deferred charges and accrued income | 490/1 | €52 | €55 | +€2 | +4.4% |
| Total equity and liabilities | 10/49 | €20,138 | €13,342 | -€6,796 | -33.7% |
| Equity | 10/15 | €9,227 | €2,398 | -€6,829 | -74.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,227 | €398 | -€6,829 | -94.5% |
| Amounts payable | 17/49 | €10,911 | €10,944 | +€33 | +0.3% |
| Amounts payable within one year | 42/48 | €10,911 | €10,944 | +€33 | +0.3% |
| Trade debts | 44 | €210 | €883 | +€673 | +320% |
| Suppliers | 440/4 | €210 | €883 | +€673 | +320% |
| Taxes, remuneration and social security | 45 | €3,576 | €3,624 | +€48 | +1.3% |
| Taxes | 450/3 | €3,576 | €3,624 | +€48 | +1.3% |
| Other amounts payable | 47/48 | €7,125 | €6,437 | -€688 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,922 | €6,195 | +€1,273 | +25.9% |
| Other operating charges | 640/8 | €573 | €270 | -€303 | -52.9% |
| Gross operating margin | 9900 | €14,626 | -€126 | -€14,751 | |
| Operating profit (loss) | 9901 | €9,131 | -€6,590 | -€15,721 | |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €131 | €239 | +€108 | +82.2% |
| Recurring financial charges | 65 | €131 | €239 | +€108 | +82.2% |
| Profit (loss) for the period before taxes | 9903 | €9,003 | -€6,829 | -€15,832 | |
| Income taxes | 67/77 | €1,776 | - | -€1,776 | |
| Profit (loss) for the period | 9904 | €7,227 | -€6,829 | -€14,056 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,227 | -€6,829 | -€14,056 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.