IKANBI GROUP: what changed
IKANBI GROUP
Largest movements
- Financial fixed assets +€1.1m
up €1.1m (+49.7%), from €2.2m to €3.3m
- Receivables within one year -€741,371
down €741,371 (-52.8%), from €1.4m to €662,237
of which Other amounts receivable: -€1.1m
- Cash -€326,875
down €326,875 (-61.4%), from €532,479 to €205,604
mainly Investment in fixed assets (net) (-€1.1m) and Tax, wage and social debts (-€60,518)
- Profit (loss) carried forward +€139,013
up €139,013 (+3.7%), from €3.7m to €3.9m
- Tax, wage and social debts -€60,518
down €60,518 (-52.3%), from €115,731 to €55,213
of which Remuneration and social security: -€57,223
- Trade debts -€44,219
down €44,219 (-21.4%), from €207,006 to €162,787
- Financial income -€964,279
down €964,279 (-99.8%), from €966,475 to €2,196
of which Financial income: -€928,576
- Staff costs -€462,315
down €462,315 (-68.4%), from €675,477 to €213,162
- Gross operating margin -€404,001
down €404,001 (-46.6%), from €866,454 to €462,453
- Financial charges +€33,077
up €33,077 (+301%), from €10,971 to €44,048
of which Non-recurring financial charges: +€30,000
Change in the result, 31-12-2023 to 31-12-2024
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 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 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 | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,166,600 | €4,188,499 | +€21,899 | +0.5% |
| Fixed assets | 21/28 | €2,227,036 | €3,318,082 | +€1.1m | +49.0% |
| Tangible fixed assets | 22/27 | €11,581 | €1,887 | -€9,694 | -83.7% |
| Furniture and vehicles | 24 | €11,581 | €1,887 | -€9,694 | -83.7% |
| Financial fixed assets | 28 | €2,215,455 | €3,316,195 | +€1.1m | +49.7% |
| Current assets | 29/58 | €1,939,563 | €870,417 | -€1.1m | -55.1% |
| Amounts receivable within one year | 40/41 | €1,403,608 | €662,237 | -€741,371 | -52.8% |
| Trade receivables | 40 | €185,000 | €512,000 | +€327,000 | +177% |
| Other amounts receivable | 41 | €1,218,608 | €150,237 | -€1.1m | -87.7% |
| Cash at bank and in hand | 54/58 | €532,479 | €205,604 | -€326,875 | -61.4% |
| Deferred charges and accrued income | 490/1 | €3,476 | €2,576 | -€901 | -25.9% |
| Total equity and liabilities | 10/49 | €4,166,600 | €4,188,499 | +€21,899 | +0.5% |
| Equity | 10/15 | €3,831,486 | €3,970,499 | +€139,013 | +3.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €20,390 | €20,390 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €14,240 | €14,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,749,596 | €3,888,609 | +€139,013 | +3.7% |
| Amounts payable | 17/49 | €335,114 | €218,000 | -€117,113 | -34.9% |
| Amounts payable within one year | 42/48 | €335,114 | €218,000 | -€117,113 | -34.9% |
| Current portion of amounts payable after more than one year | 42 | €12,376 | - | -€12,376 | |
| Trade debts | 44 | €207,006 | €162,787 | -€44,219 | -21.4% |
| Suppliers | 440/4 | €207,006 | €162,787 | -€44,219 | -21.4% |
| Taxes, remuneration and social security | 45 | €115,731 | €55,213 | -€60,518 | -52.3% |
| Taxes | 450/3 | €58,508 | €55,213 | -€3,295 | -5.6% |
| Remuneration and social security | 454/9 | €57,223 | - | -€57,223 | |
| Remuneration, social security and pensions | 62 | €675,477 | €213,162 | -€462,315 | -68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,494 | €9,694 | -€800 | -7.6% |
| Other operating charges | 640/8 | €119 | €129 | +€11 | +8.9% |
| Gross operating margin | 9900 | €866,454 | €462,453 | -€404,001 | -46.6% |
| Operating profit (loss) | 9901 | €180,365 | €239,469 | +€59,104 | +32.8% |
| Financial income | 75/76B | €966,475 | €2,196 | -€964,279 | -99.8% |
| Recurring financial income | 75 | €930,772 | €2,196 | -€928,576 | -99.8% |
| Non-recurring financial income | 76B | €35,703 | - | -€35,703 | |
| Financial charges | 65/66B | €10,971 | €44,048 | +€33,077 | +301% |
| Recurring financial charges | 65 | €10,971 | €14,048 | +€3,077 | +28.0% |
| Non-recurring financial charges | 66B | - | €30,000 | +€30,000 | |
| Profit (loss) for the period before taxes | 9903 | €1,135,869 | €197,617 | -€938,252 | -82.6% |
| Income taxes | 67/77 | €58,508 | €58,604 | +€96 | +0.2% |
| Profit (loss) for the period | 9904 | €1,077,361 | €139,013 | -€938,348 | -87.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,077,361 | €139,013 | -€938,348 | -87.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.