Ikigai: 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.
Ikigai
Largest movements
- Cash -€11,496
down €11,496 (-11.2%), from €102,474 to €90,978
mainly Contributions, distributions and other (-€92,029) and Tax, wage and social debts (-€3,935)
- Receivables within one year -€8,208
down €8,208 (-63.6%), from €12,909 to €4,701
of which Trade receivables: -€12,844
- Tangible fixed assets -€4,761
down €4,761 (-23.6%), from €20,145 to €15,384
of which Furniture and vehicles: -€3,242
- Reserves -€92,029
down €92,029 (-100%), from €92,029 to €0
- Other debts +€78,646
up €78,646, from €0 to €78,646
- Tax, wage and social debts -€3,935
down €3,935 (-79.3%), from €4,962 to €1,028
- Current portion of long-term debt -€3,789
down €3,789 (-74.8%), from €5,063 to €1,274
- Gross operating margin -€41,633
down €41,633 (-80.6%), from €51,662 to €10,029
- Taxes -€8,265
down €8,265 (-89.2%), from €9,271 to €1,005
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 | €135,778 | €111,313 | -€24,465 | -18.0% |
| Fixed assets | 21/28 | €20,395 | €15,634 | -€4,761 | -23.3% |
| Tangible fixed assets | 22/27 | €20,145 | €15,384 | -€4,761 | -23.6% |
| Plant, machinery and equipment | 23 | €4 | €0 | -€4 | -100% |
| Furniture and vehicles | 24 | €14,793 | €11,550 | -€3,242 | -21.9% |
| Other tangible fixed assets | 26 | €5,348 | €3,834 | -€1,514 | -28.3% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €115,383 | €95,679 | -€19,705 | -17.1% |
| Amounts receivable within one year | 40/41 | €12,909 | €4,701 | -€8,208 | -63.6% |
| Trade receivables | 40 | €12,844 | €0 | -€12,844 | -100% |
| Other amounts receivable | 41 | €66 | €4,701 | +€4,635 | +7,073% |
| Cash at bank and in hand | 54/58 | €102,474 | €90,978 | -€11,496 | -11.2% |
| Total equity and liabilities | 10/49 | €135,778 | €111,313 | -€24,465 | -18.0% |
| Equity | 10/15 | €122,029 | €29,262 | -€92,767 | -76.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €92,029 | €0 | -€92,029 | -100% |
| Distributable reserves | 133 | €92,029 | €0 | -€92,029 | -100% |
| Profit (loss) carried forward | 14 | - | -€738 | -€738 | |
| Amounts payable | 17/49 | €13,749 | €82,051 | +€68,301 | +497% |
| Amounts payable after more than one year | 17 | €1,274 | €0 | -€1,274 | -100% |
| Financial debts | 170/4 | €1,274 | €0 | -€1,274 | -100% |
| Amounts payable within one year | 42/48 | €12,476 | €82,051 | +€69,575 | +558% |
| Current portion of amounts payable after more than one year | 42 | €5,063 | €1,274 | -€3,789 | -74.8% |
| Trade debts | 44 | €2,451 | €1,104 | -€1,347 | -55.0% |
| Suppliers | 440/4 | €2,451 | €1,104 | -€1,347 | -55.0% |
| Taxes, remuneration and social security | 45 | €4,962 | €1,028 | -€3,935 | -79.3% |
| Taxes | 450/3 | €4,962 | €1,028 | -€3,935 | -79.3% |
| Other amounts payable | 47/48 | €0 | €78,646 | +€78,646 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,318 | €8,233 | -€85 | -1.0% |
| Other operating charges | 640/8 | €810 | €1,308 | +€498 | +61.6% |
| Gross operating margin | 9900 | €51,662 | €10,029 | -€41,633 | -80.6% |
| Operating profit (loss) | 9901 | €42,534 | €488 | -€42,047 | -98.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €295 | €220 | -€75 | -25.3% |
| Recurring financial charges | 65 | €295 | €220 | -€75 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €42,239 | €267 | -€41,972 | -99.4% |
| Income taxes | 67/77 | €9,271 | €1,005 | -€8,265 | -89.2% |
| Profit (loss) for the period | 9904 | €32,968 | -€738 | -€33,707 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,968 | -€738 | -€33,707 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.