IKIC Impact Ventures: 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.
IKIC Impact Ventures
Largest movements
- Cash -€70,433
down €70,433 (-93.9%), from €74,988 to €4,554
mainly Contributions, distributions and other (-€111,720) and Receivables within one year (-€28,385)
- Receivables within one year +€28,385
up €28,385 (+314%), from €9,044 to €37,429
of which Trade receivables: +€31,175
- Deferred charges and accrued income +€15,481
up €15,481 (+1,890%), from €819 to €16,300
- Intangible fixed assets -€2,500
down €2,500 (-26.0%), from €9,624 to €7,124
- Profit (loss) carried forward -€101,920
down €101,920 (-24.6%), from -€414,625 to -€516,545
- Debts after one year +€92,000
up €92,000 (+18.4%), from €500,000 to €592,000
- Tax, wage and social debts -€14,508
down €14,508 (-73.3%), from €19,783 to €5,276
- Accrued charges and deferred income -€5,992
no longer reported in 2025 (was €5,992)
- Staff costs -€85,697
down €85,697 (-85.8%), from €99,911 to €14,214
- Financial charges +€7,686
up €7,686 (+30.1%), from €25,497 to €33,183
- Depreciation +€7,578
up €7,578 (+123%), from €6,138 to €13,716
- Gross operating margin -€2,661
down €2,661 (-3.6%), from €73,974 to €71,313
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 | €117,456 | €87,344 | -€30,111 | -25.6% |
| Fixed assets | 21/28 | €32,605 | €29,061 | -€3,545 | -10.9% |
| Intangible fixed assets | 21 | €9,624 | €7,124 | -€2,500 | -26.0% |
| Tangible fixed assets | 22/27 | €22,981 | €21,937 | -€1,045 | -4.5% |
| Plant, machinery and equipment | 23 | €21,081 | €21,462 | +€381 | +1.8% |
| Furniture and vehicles | 24 | €1,900 | €474 | -€1,426 | -75.0% |
| Current assets | 29/58 | €84,850 | €58,284 | -€26,567 | -31.3% |
| Amounts receivable within one year | 40/41 | €9,044 | €37,429 | +€28,385 | +314% |
| Trade receivables | 40 | €4,630 | €35,805 | +€31,175 | +673% |
| Other amounts receivable | 41 | €4,413 | €1,624 | -€2,789 | -63.2% |
| Cash at bank and in hand | 54/58 | €74,988 | €4,554 | -€70,433 | -93.9% |
| Deferred charges and accrued income | 490/1 | €819 | €16,300 | +€15,481 | +1,890% |
| Total equity and liabilities | 10/49 | €117,456 | €87,344 | -€30,111 | -25.6% |
| Equity | 10/15 | -€409,625 | -€511,545 | -€101,920 | -24.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€414,625 | -€516,545 | -€101,920 | -24.6% |
| Amounts payable | 17/49 | €527,080 | €598,889 | +€71,809 | +13.6% |
| Amounts payable after more than one year | 17 | €500,000 | €592,000 | +€92,000 | +18.4% |
| Financial debts | 170/4 | €500,000 | €592,000 | +€92,000 | +18.4% |
| Amounts payable within one year | 42/48 | €21,089 | €6,889 | -€14,200 | -67.3% |
| Trade debts | 44 | €1,306 | €1,613 | +€308 | +23.6% |
| Suppliers | 440/4 | €1,306 | €1,613 | +€308 | +23.6% |
| Taxes, remuneration and social security | 45 | €19,783 | €5,276 | -€14,508 | -73.3% |
| Remuneration and social security | 454/9 | €19,783 | €5,276 | -€14,508 | -73.3% |
| Accrued charges and deferred income | 492/3 | €5,992 | - | -€5,992 | |
| Remuneration, social security and pensions | 62 | €99,911 | €14,214 | -€85,697 | -85.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,138 | €13,716 | +€7,578 | +123% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €73,974 | €71,313 | -€2,661 | -3.6% |
| Operating profit (loss) | 9901 | -€32,462 | €42,983 | +€75,445 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €25,497 | €33,183 | +€7,686 | +30.1% |
| Recurring financial charges | 65 | €25,497 | €33,183 | +€7,686 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | -€57,959 | €9,800 | +€67,759 | |
| Profit (loss) for the period | 9904 | -€57,959 | €9,800 | +€67,759 | |
| Profit (loss) for the period to be appropriated | 9905 | -€57,959 | €9,800 | +€67,759 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.