IKER: 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.
IKER
Largest movements
- Receivables within one year +€41,249
up €41,249 (+41.8%), from €98,796 to €140,044
of which Other amounts receivable: +€57,806
- Tangible fixed assets +€9,912
up €9,912 (+108.2%), from €9,161 to €19,073
of which Furniture and vehicles: +€10,096
- Cash -€4,681
down €4,681 (-45.9%), from €10,202 to €5,521
mainly Receivables within one year (-€41,249) and Investment in fixed assets (net) (-€18,177)
- Profit (loss) carried forward +€40,281
up €40,281 (+60.1%), from €67,003 to €107,284
- Tax, wage and social debts +€14,985
up €14,985 (+128.4%), from €11,667 to €26,651
of which Taxes: +€13,742
- Trade debts -€8,787
down €8,787 (-21.9%), from €40,040 to €31,253
of which Bills of exchange payable: -€20,998
- Financial income +€10,584
up €10,584 (+479.0%), from €2,210 to €12,793
- Depreciation +€5,103
up €5,103 (+161.4%), from €3,162 to €8,265
- Taxes +€3,929
up €3,929 (+38.2%), from €10,274 to €14,204
- Gross operating margin +€3,186
up €3,186 (+6.7%), from €47,852 to €51,038
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.
Cash bridge derived
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 | €120,709 | €167,189 | +€46,479 | +38.5% |
| Fixed assets | 21/28 | €11,711 | €21,623 | +€9,912 | +84.6% |
| Tangible fixed assets | 22/27 | €9,161 | €19,073 | +€9,912 | +108.2% |
| Plant, machinery and equipment | 23 | €184 | - | -€184 | |
| Furniture and vehicles | 24 | €8,978 | €19,073 | +€10,096 | +112.5% |
| Financial fixed assets | 28 | €2,550 | €2,550 | = | 0.0% |
| Current assets | 29/58 | €108,998 | €145,565 | +€36,567 | +33.5% |
| Amounts receivable within one year | 40/41 | €98,796 | €140,044 | +€41,249 | +41.8% |
| Trade receivables | 40 | €29,325 | €12,768 | -€16,558 | -56.5% |
| Other amounts receivable | 41 | €69,470 | €127,277 | +€57,806 | +83.2% |
| Cash at bank and in hand | 54/58 | €10,202 | €5,521 | -€4,681 | -45.9% |
| Total equity and liabilities | 10/49 | €120,709 | €167,189 | +€46,479 | +38.5% |
| Equity | 10/15 | €69,003 | €109,284 | +€40,281 | +58.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,003 | €107,284 | +€40,281 | +60.1% |
| Amounts payable | 17/49 | €51,707 | €57,905 | +€6,198 | +12.0% |
| Amounts payable within one year | 42/48 | €51,707 | €57,905 | +€6,198 | +12.0% |
| Trade debts | 44 | €40,040 | €31,253 | -€8,787 | -21.9% |
| Suppliers | 440/4 | €6,683 | €18,894 | +€12,211 | +182.7% |
| Bills of exchange payable | 441 | €33,357 | €12,359 | -€20,998 | -62.9% |
| Taxes, remuneration and social security | 45 | €11,667 | €26,651 | +€14,985 | +128.4% |
| Taxes | 450/3 | €11,667 | €25,409 | +€13,742 | +117.8% |
| Remuneration and social security | 454/9 | - | €1,243 | +€1,243 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,162 | €8,265 | +€5,103 | +161.4% |
| Other operating charges | 640/8 | €753 | €922 | +€168 | +22.4% |
| Gross operating margin | 9900 | €47,852 | €51,038 | +€3,186 | +6.7% |
| Operating profit (loss) | 9901 | €43,937 | €41,852 | -€2,085 | -4.7% |
| Financial income | 75/76B | €2,210 | €12,793 | +€10,584 | +479.0% |
| Recurring financial income | 75 | €2,210 | €12,793 | +€10,584 | +479.0% |
| Financial charges | 65/66B | €597 | €135 | -€462 | -77.4% |
| Recurring financial charges | 65 | €597 | €135 | -€462 | -77.4% |
| Profit (loss) for the period before taxes | 9903 | €45,549 | €54,510 | +€8,961 | +19.7% |
| Income taxes | 67/77 | €10,274 | €14,204 | +€3,929 | +38.2% |
| Profit (loss) for the period | 9904 | €35,274 | €40,306 | +€5,032 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,274 | €40,306 | +€5,032 | +14.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.