IKIGAI: 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.
IKIGAI
Largest movements
- Tangible fixed assets -€1,472
down €1,472 (-16.6%), from €8,883 to €7,411
- Cash -€136
down €136 (-100.0%), from €136 to €0
mainly Net result for the year (-€1,890) and Current portion of long-term debt (-€1,847)
- Other debts +€2,352
up €2,352 (+4.0%), from €58,327 to €60,679
- Profit (loss) carried forward -€1,890
down €1,890 (-3.1%), from -€60,889 to -€62,778
- Current portion of long-term debt -€1,847
no longer reported in 2025 (was €1,847)
- Accrued charges and deferred income -€204
no longer reported in 2025 (was €204)
- Financial charges -€1,086
down €1,086 (-85.1%), from €1,276 to €190
- Gross operating margin -€250
down €250, from €22 to -€228
- Other operating charges -€64
no longer reported in 2025 (was €64)
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 | €9,559 | €7,939 | -€1,621 | -17.0% |
| Fixed assets | 21/28 | €8,883 | €7,411 | -€1,472 | -16.6% |
| Tangible fixed assets | 22/27 | €8,883 | €7,411 | -€1,472 | -16.6% |
| Plant, machinery and equipment | 23 | €8,883 | €7,411 | -€1,472 | -16.6% |
| Current assets | 29/58 | €676 | €528 | -€148 | -21.9% |
| Amounts receivable within one year | 40/41 | €540 | €528 | -€12 | -2.2% |
| Other amounts receivable | 41 | €540 | €528 | -€12 | -2.2% |
| Cash at bank and in hand | 54/58 | €136 | €0 | -€136 | -100.0% |
| Total equity and liabilities | 10/49 | €9,559 | €7,939 | -€1,621 | -17.0% |
| Equity | 10/15 | -€50,889 | -€52,778 | -€1,890 | -3.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,889 | -€62,778 | -€1,890 | -3.1% |
| Amounts payable | 17/49 | €60,448 | €60,717 | +€269 | +0.4% |
| Amounts payable within one year | 42/48 | €60,244 | €60,717 | +€473 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €1,847 | - | -€1,847 | |
| Trade debts | 44 | - | €38 | +€38 | |
| Suppliers | 440/4 | - | €38 | +€38 | |
| Taxes, remuneration and social security | 45 | €70 | - | -€70 | |
| Taxes | 450/3 | €70 | - | -€70 | |
| Other amounts payable | 47/48 | €58,327 | €60,679 | +€2,352 | +4.0% |
| Accrued charges and deferred income | 492/3 | €204 | - | -€204 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,472 | €1,472 | = | 0.0% |
| Other operating charges | 640/8 | €64 | - | -€64 | |
| Gross operating margin | 9900 | €22 | -€228 | -€250 | |
| Operating profit (loss) | 9901 | -€1,514 | -€1,700 | -€186 | -12.3% |
| Financial charges | 65/66B | €1,276 | €190 | -€1,086 | -85.1% |
| Recurring financial charges | 65 | €1,276 | €190 | -€1,086 | -85.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,790 | -€1,890 | +€900 | +32.3% |
| Profit (loss) for the period | 9904 | -€2,790 | -€1,890 | +€900 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,790 | -€1,890 | +€900 | +32.3% |
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 5 October 2026 via checked.be.