IK Technical Service: 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 Technical Service
Largest movements
- Receivables within one year -€11,280
no longer reported in 2025 (was €11,280)
of which Trade receivables: -€10,601
- Cash +€2,134
up €2,134 (+141%), from €1,516 to €3,650
mainly Receivables within one year (+€11,280) and Net result for the year (+€3,321)
- Tangible fixed assets -€1,015
down €1,015 (-39.6%), from €2,562 to €1,547
of which Plant, machinery and equipment: -€999
- Formation expenses -€250
down €250 (-45.5%), from €549 to €299
- Advances received -€13,713
no longer reported in 2025 (was €13,713)
- Profit (loss) carried forward +€3,321
up €3,321, from -€2,434 to €887
- Other debts -€1,187
down €1,187 (-44.8%), from €2,646 to €1,460
- Trade debts +€1,168
up €1,168 (+119%), from €981 to €2,149
- Gross operating margin +€9,128
up €9,128, from -€3,103 to €6,025
- Taxes +€900
new in 2025: €900
- Other operating charges +€357
up €357 (+197%), from €182 to €539
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 | €15,907 | €5,496 | -€10,411 | -65.4% |
| Formation expenses | 20 | €549 | €299 | -€250 | -45.5% |
| Fixed assets | 21/28 | €2,562 | €1,547 | -€1,015 | -39.6% |
| Tangible fixed assets | 22/27 | €2,562 | €1,547 | -€1,015 | -39.6% |
| Plant, machinery and equipment | 23 | €2,526 | €1,526 | -€999 | -39.6% |
| Furniture and vehicles | 24 | €37 | €21 | -€16 | -42.5% |
| Current assets | 29/58 | €12,795 | €3,650 | -€9,145 | -71.5% |
| Amounts receivable within one year | 40/41 | €11,280 | - | -€11,280 | |
| Trade receivables | 40 | €10,601 | - | -€10,601 | |
| Other amounts receivable | 41 | €679 | - | -€679 | |
| Cash at bank and in hand | 54/58 | €1,516 | €3,650 | +€2,134 | +141% |
| Total equity and liabilities | 10/49 | €15,907 | €5,496 | -€10,411 | -65.4% |
| Equity | 10/15 | -€1,434 | €1,887 | +€3,321 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,434 | €887 | +€3,321 | |
| Amounts payable | 17/49 | €17,341 | €3,609 | -€13,731 | -79.2% |
| Amounts payable within one year | 42/48 | €17,341 | €3,609 | -€13,731 | -79.2% |
| Trade debts | 44 | €981 | €2,149 | +€1,168 | +119% |
| Suppliers | 440/4 | €981 | €2,149 | +€1,168 | +119% |
| Advances received on contracts in progress | 46 | €13,713 | - | -€13,713 | |
| Other amounts payable | 47/48 | €2,646 | €1,460 | -€1,187 | -44.8% |
| Remuneration, social security and pensions | 62 | €53 | - | -€53 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,265 | €1,265 | = | 0.0% |
| Other operating charges | 640/8 | €182 | €539 | +€357 | +197% |
| Gross operating margin | 9900 | -€3,103 | €6,025 | +€9,128 | |
| Operating profit (loss) | 9901 | -€4,604 | €4,221 | +€8,825 | |
| Financial charges | 65/66B | €57 | - | -€57 | |
| Recurring financial charges | 65 | €57 | - | -€57 | |
| Profit (loss) for the period before taxes | 9903 | -€4,661 | €4,221 | +€8,882 | |
| Income taxes | 67/77 | - | €900 | +€900 | |
| Profit (loss) for the period | 9904 | -€4,661 | €3,321 | +€7,982 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,661 | €3,321 | +€7,982 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.