IK GROUP: 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.
IK GROUP
Largest movements
- Stocks and contracts +€20,000
new in 2025: €20,000
- Cash +€9,650
up €9,650 (+26.2%), from €36,883 to €46,533
mainly Net result for the year (+€21,681) and Depreciation (+€19,833)
- Tangible fixed assets -€8,055
down €8,055 (-9.6%), from €84,095 to €76,040
of which Other tangible fixed assets: -€8,037
- Receivables within one year -€5,923
down €5,923 (-20.9%), from €28,379 to €22,457
- Tax, wage and social debts +€14,538
up €14,538 (+147%), from €9,864 to €24,401
- Other debts +€8,240
up €8,240 (+7.9%), from €104,295 to €112,535
- Profit (loss) carried forward -€6,554
down €6,554 (-19.8%), from €33,180 to €26,626
- Depreciation +€11,303
up €11,303 (+132%), from €8,531 to €19,833
- Other operating charges +€1,103
up €1,103 (+285%), from €387 to €1,490
- Taxes +€781
up €781 (+11.0%), from €7,112 to €7,892
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 | €149,358 | €166,401 | +€17,044 | +11.4% |
| Fixed assets | 21/28 | €84,095 | €76,040 | -€8,055 | -9.6% |
| Tangible fixed assets | 22/27 | €84,095 | €76,040 | -€8,055 | -9.6% |
| Plant, machinery and equipment | 23 | €9,118 | €6,679 | -€2,440 | -26.8% |
| Furniture and vehicles | 24 | - | €2,421 | +€2,421 | |
| Other tangible fixed assets | 26 | €74,977 | €66,940 | -€8,037 | -10.7% |
| Current assets | 29/58 | €65,262 | €90,361 | +€25,099 | +38.5% |
| Stocks and contracts in progress | 3 | - | €20,000 | +€20,000 | |
| Stocks | 30/36 | - | €20,000 | +€20,000 | |
| Amounts receivable within one year | 40/41 | €28,379 | €22,457 | -€5,923 | -20.9% |
| Trade receivables | 40 | €28,379 | €22,457 | -€5,923 | -20.9% |
| Cash at bank and in hand | 54/58 | €36,883 | €46,533 | +€9,650 | +26.2% |
| Deferred charges and accrued income | 490/1 | - | €1,372 | +€1,372 | |
| Total equity and liabilities | 10/49 | €149,358 | €166,401 | +€17,044 | +11.4% |
| Equity | 10/15 | €35,180 | €28,626 | -€6,554 | -18.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,180 | €26,626 | -€6,554 | -19.8% |
| Amounts payable | 17/49 | €114,178 | €137,776 | +€23,598 | +20.7% |
| Amounts payable within one year | 42/48 | €114,178 | €137,776 | +€23,598 | +20.7% |
| Trade debts | 44 | €19 | €839 | +€820 | +4,356% |
| Suppliers | 440/4 | €19 | €839 | +€820 | +4,356% |
| Taxes, remuneration and social security | 45 | €9,864 | €24,401 | +€14,538 | +147% |
| Taxes | 450/3 | €9,864 | €24,401 | +€14,538 | +147% |
| Other amounts payable | 47/48 | €104,295 | €112,535 | +€8,240 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,531 | €19,833 | +€11,303 | +132% |
| Other operating charges | 640/8 | €387 | €1,490 | +€1,103 | +285% |
| Gross operating margin | 9900 | €51,216 | €51,043 | -€173 | -0.3% |
| Operating profit (loss) | 9901 | €42,298 | €29,720 | -€12,578 | -29.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €146 | €147 | +€2 | +1.1% |
| Recurring financial charges | 65 | €146 | €147 | +€2 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €42,153 | €29,574 | -€12,579 | -29.8% |
| Income taxes | 67/77 | €7,112 | €7,892 | +€781 | +11.0% |
| Profit (loss) for the period | 9904 | €35,041 | €21,681 | -€13,360 | -38.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,041 | €21,681 | -€13,360 | -38.1% |
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.