IKA&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.
IKA&CO
Largest movements
- Receivables within one year -€157,758
down €157,758 (-82.2%), from €191,930 to €34,172
of which Trade receivables: -€128,653
- Intangible fixed assets -€27,000
down €27,000 (-25.0%), from €108,000 to €81,000
- Trade debts -€232,845
down €232,845 (-98.3%), from €236,979 to €4,134
- Tax, wage and social debts +€95,350
up €95,350 (+58.1%), from €164,174 to €259,523
of which Taxes: +€94,126
- Profit (loss) carried forward -€51,442
down €51,442 (-184.5%), from -€27,875 to -€79,317
- Gross operating margin -€83,854
down €83,854 (-21.8%), from €385,533 to €301,679
- Staff costs -€50,978
down €50,978 (-13.8%), from €370,733 to €319,755
- Financial charges -€10,400
down €10,400 (-97.3%), from €10,691 to €291
- Depreciation -€5,525
down €5,525 (-15.3%), from €36,165 to €30,640
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €382,305 | €195,689 | -€186,616 | -48.8% |
| Fixed assets | 21/28 | €136,290 | €105,650 | -€30,640 | -22.5% |
| Intangible fixed assets | 21 | €108,000 | €81,000 | -€27,000 | -25.0% |
| Tangible fixed assets | 22/27 | €10,290 | €6,650 | -€3,640 | -35.4% |
| Plant, machinery and equipment | 23 | €995 | - | -€995 | |
| Furniture and vehicles | 24 | €8,095 | €6,650 | -€1,445 | -17.9% |
| Leasing and similar rights | 25 | €1,200 | - | -€1,200 | |
| Financial fixed assets | 28 | €18,000 | €18,000 | = | 0.0% |
| Current assets | 29/58 | €246,015 | €90,039 | -€155,976 | -63.4% |
| Stocks and contracts in progress | 3 | €31,425 | €31,425 | = | 0.0% |
| Stocks | 30/36 | €31,425 | €31,425 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €191,930 | €34,172 | -€157,758 | -82.2% |
| Trade receivables | 40 | €161,638 | €32,985 | -€128,653 | -79.6% |
| Other amounts receivable | 41 | €30,292 | €1,187 | -€29,105 | -96.1% |
| Cash at bank and in hand | 54/58 | €22,660 | €24,442 | +€1,782 | +7.9% |
| Total equity and liabilities | 10/49 | €382,305 | €195,689 | -€186,616 | -48.8% |
| Equity | 10/15 | -€18,848 | -€70,289 | -€51,442 | -272.9% |
| Contributions | 10/11 | €8,200 | €8,200 | = | 0.0% |
| Contributions outside capital | 11 | €8,200 | €8,200 | = | 0.0% |
| Other | 1109/19 | €8,200 | €8,200 | = | 0.0% |
| Reserves | 13 | €828 | €828 | = | 0.0% |
| Non-distributable reserves | 130/1 | €828 | €828 | = | 0.0% |
| Reserves not available under the articles | 1311 | €828 | €828 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,875 | -€79,317 | -€51,442 | -184.5% |
| Amounts payable | 17/49 | €401,152 | €265,978 | -€135,174 | -33.7% |
| Amounts payable within one year | 42/48 | €401,152 | €265,978 | -€135,174 | -33.7% |
| Trade debts | 44 | €236,979 | €4,134 | -€232,845 | -98.3% |
| Suppliers | 440/4 | €236,979 | €4,134 | -€232,845 | -98.3% |
| Advances received on contracts in progress | 46 | - | €2,321 | +€2,321 | |
| Taxes, remuneration and social security | 45 | €164,174 | €259,523 | +€95,350 | +58.1% |
| Taxes | 450/3 | €97,230 | €191,356 | +€94,126 | +96.8% |
| Remuneration and social security | 454/9 | €66,944 | €68,167 | +€1,224 | +1.8% |
| Remuneration, social security and pensions | 62 | €370,733 | €319,755 | -€50,978 | -13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,165 | €30,640 | -€5,525 | -15.3% |
| Other operating charges | 640/8 | €1,853 | €2,435 | +€583 | +31.4% |
| Gross operating margin | 9900 | €385,533 | €301,679 | -€83,854 | -21.8% |
| Operating profit (loss) | 9901 | -€23,217 | -€51,151 | -€27,934 | -120.3% |
| Financial income | 75/76B | €3 | €0 | -€3 | -94.7% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -94.7% |
| Financial charges | 65/66B | €10,691 | €291 | -€10,400 | -97.3% |
| Recurring financial charges | 65 | €10,691 | €291 | -€10,400 | -97.3% |
| Profit (loss) for the period before taxes | 9903 | -€33,904 | -€51,442 | -€17,537 | -51.7% |
| Profit (loss) for the period | 9904 | -€33,904 | -€51,442 | -€17,537 | -51.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,904 | -€51,442 | -€17,537 | -51.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.