Ikigai Drive: 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 Drive
Largest movements
- Cash +€137,753
up €137,753 (+106%), from €129,526 to €267,280
mainly Net result for the year (+€162,420) and Tax, wage and social debts (+€16,866)
- Financial fixed assets +€58,000
up €58,000 (+94,034%), from €62 to €58,062
- Tangible fixed assets -€12,759
down €12,759 (-22.3%), from €57,278 to €44,519
- Reserves +€280,344
new in 2025: €280,344
- Profit (loss) carried forward -€117,924
down €117,924 (-100%), from €117,924 to €0
- Tax, wage and social debts +€16,866
up €16,866 (+33.7%), from €50,070 to €66,936
of which Taxes: +€16,464
- Gross operating margin +€74,558
up €74,558 (+47.4%), from €157,389 to €231,947
- Taxes +€15,946
up €15,946 (+46.8%), from €34,054 to €50,000
- Depreciation +€11,590
up €11,590 (+297%), from €3,897 to €15,487
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 | €221,875 | €405,154 | +€183,279 | +82.6% |
| Fixed assets | 21/28 | €57,340 | €102,581 | +€45,241 | +78.9% |
| Tangible fixed assets | 22/27 | €57,278 | €44,519 | -€12,759 | -22.3% |
| Furniture and vehicles | 24 | €57,278 | €44,519 | -€12,759 | -22.3% |
| Financial fixed assets | 28 | €62 | €58,062 | +€58,000 | +94,034% |
| Current assets | 29/58 | €164,535 | €302,574 | +€138,038 | +83.9% |
| Amounts receivable within one year | 40/41 | €32,568 | €32,725 | +€156 | +0.5% |
| Trade receivables | 40 | €32,563 | €32,612 | +€49 | +0.1% |
| Other amounts receivable | 41 | €5 | €112 | +€108 | +2,280% |
| Cash at bank and in hand | 54/58 | €129,526 | €267,280 | +€137,753 | +106% |
| Deferred charges and accrued income | 490/1 | €2,441 | €2,569 | +€129 | +5.3% |
| Total equity and liabilities | 10/49 | €221,875 | €405,154 | +€183,279 | +82.6% |
| Equity | 10/15 | €123,924 | €286,344 | +€162,420 | +131% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | - | €280,344 | +€280,344 | |
| Distributable reserves | 133 | - | €280,344 | +€280,344 | |
| Profit (loss) carried forward | 14 | €117,924 | €0 | -€117,924 | -100% |
| Amounts payable | 17/49 | €97,951 | €118,810 | +€20,859 | +21.3% |
| Amounts payable after more than one year | 17 | €44,274 | €44,274 | = | 0.0% |
| Financial debts | 170/4 | €44,274 | €44,274 | = | 0.0% |
| Amounts payable within one year | 42/48 | €52,406 | €70,094 | +€17,688 | +33.8% |
| Financial debts | 43 | €323 | €921 | +€599 | +185% |
| Credit institutions | 430/8 | €323 | €921 | +€599 | +185% |
| Trade debts | 44 | €914 | €770 | -€144 | -15.7% |
| Suppliers | 440/4 | €914 | €770 | -€144 | -15.7% |
| Taxes, remuneration and social security | 45 | €50,070 | €66,936 | +€16,866 | +33.7% |
| Taxes | 450/3 | €50,070 | €66,534 | +€16,464 | +32.9% |
| Remuneration and social security | 454/9 | - | €402 | +€402 | |
| Other amounts payable | 47/48 | €1,100 | €1,467 | +€367 | +33.4% |
| Accrued charges and deferred income | 492/3 | €1,271 | €4,442 | +€3,171 | +250% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,897 | €15,487 | +€11,590 | +297% |
| Other operating charges | 640/8 | - | €226 | +€226 | |
| Gross operating margin | 9900 | €157,389 | €231,947 | +€74,558 | +47.4% |
| Operating profit (loss) | 9901 | €153,492 | €216,234 | +€62,742 | +40.9% |
| Financial charges | 65/66B | €1,514 | €3,814 | +€2,300 | +152% |
| Recurring financial charges | 65 | €1,514 | €3,814 | +€2,300 | +152% |
| Profit (loss) for the period before taxes | 9903 | €151,978 | €212,420 | +€60,442 | +39.8% |
| Income taxes | 67/77 | €34,054 | €50,000 | +€15,946 | +46.8% |
| Profit (loss) for the period | 9904 | €117,924 | €162,420 | +€44,495 | +37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €117,924 | €162,420 | +€44,495 | +37.7% |
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 1 November 2026 via checked.be.