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IKAROS: what changed

Two fiscal 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.

What changed

IKAROS

BE 0465.619.004
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,031
2024 · -€2,044+€13
Equity
-€37,663
2024 · -€35,632-€2,031
Cash
€225
2024 · €512-€287
Balance sheet total
€111,425
2024 · €112,156-€731

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Profit (loss) carried forward -€2,031

      down €2,031 (-3.7%), from -€54,244 to -€56,275

    • Other debts +€1,300

      up €1,300 (+0.9%), from €147,788 to €149,088

    Income statement
    • Gross operating margin +€23

      up €23 (+3.7%), from -€615 to -€592

    • Financial charges +€7

      up €7 (+1.3%), from €538 to €546

    From the 2024 result to the 2025 result

    effect on the 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.

    Result 2024 -€2,044
    Gross operating margin +€23
    Depreciation +€0
    Other operating charges -€3
    Financial charges -€7
    Result 2025 -€2,031

    Cash bridge derived

    cash 2024 to 2025

    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.

    From operations -€287
    Investment €0
    Financing €0
    Cash 2024 €512
    Net result for the year -€2,031
    Depreciation +€444
    Other debts +€1,300
    Cash 2025 €225
    Every line side by side 25 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €112,156 €111,425 -€731 -0.7%
    Fixed assets 21/28 €111,644 €111,200 -€444 -0.4%
    Tangible fixed assets 22/27 €111,644 €111,200 -€444 -0.4%
    Land and buildings 22 €111,644 €111,200 -€444 -0.4%
    Current assets 29/58 €512 €225 -€287 -56.0%
    Cash at bank and in hand 54/58 €512 €225 -€287 -56.0%
    Total equity and liabilities 10/49 €112,156 €111,425 -€731 -0.7%
    Equity 10/15 -€35,632 -€37,663 -€2,031 -5.7%
    Contributions 10/11 €18,592 €18,592 = 0.0%
    Reserves 13 €20 €20 = 0.0%
    Non-distributable reserves 130/1 €20 €20 = 0.0%
    Reserves not available under the articles 1311 €20 €20 = 0.0%
    Profit (loss) carried forward 14 -€54,244 -€56,275 -€2,031 -3.7%
    Amounts payable 17/49 €147,788 €149,088 +€1,300 +0.9%
    Amounts payable within one year 42/48 €147,788 €149,088 +€1,300 +0.9%
    Other amounts payable 47/48 €147,788 €149,088 +€1,300 +0.9%
    Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €444 €444 -€0 0.0%
    Other operating charges 640/8 €446 €449 +€3 +0.6%
    Gross operating margin 9900 -€615 -€592 +€23 +3.7%
    Operating profit (loss) 9901 -€1,506 -€1,485 +€20 +1.3%
    Financial charges 65/66B €538 €546 +€7 +1.3%
    Recurring financial charges 65 €538 €546 +€7 +1.3%
    Profit (loss) for the period before taxes 9903 -€2,044 -€2,031 +€13 +0.6%
    Profit (loss) for the period 9904 -€2,044 -€2,031 +€13 +0.6%
    Profit (loss) for the period to be appropriated 9905 -€2,044 -€2,031 +€13 +0.6%

    Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.