IKIGAI IMMO: 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 IMMO
Largest movements
- Receivables after one year -€35,000
down €35,000 (-41.2%), from €85,000 to €50,000
- Receivables within one year +€12,579
up €12,579 (+18.6%), from €67,616 to €80,195
of which Trade receivables: +€12,549
- Tangible fixed assets -€6,510
down €6,510 (-2.4%), from €272,150 to €265,640
- Debts after one year -€28,329
down €28,329 (-8.3%), from €341,843 to €313,514
- Trade debts -€11,838
down €11,838 (-66.2%), from €17,895 to €6,057
- Current portion of long-term debt +€8,631
up €8,631 (+75.9%), from €11,369 to €20,000
- Financial charges +€2,110
up €2,110 (+41.4%), from €5,093 to €7,203
- Gross operating margin +€1,624
up €1,624 (+9.4%), from €17,196 to €18,819
- Other operating charges -€919
down €919 (-36.5%), from €2,519 to €1,599
- Financial income +€768
up €768 (+284%), from €271 to €1,038
- Taxes +€216
up €216 (+19.8%), from €1,093 to €1,309
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 | €431,016 | €403,980 | -€27,036 | -6.3% |
| Fixed assets | 21/28 | €272,150 | €265,640 | -€6,510 | -2.4% |
| Tangible fixed assets | 22/27 | €272,150 | €265,640 | -€6,510 | -2.4% |
| Land and buildings | 22 | €272,150 | €265,640 | -€6,510 | -2.4% |
| Current assets | 29/58 | €158,866 | €138,340 | -€20,526 | -12.9% |
| Amounts receivable after more than one year | 29 | €85,000 | €50,000 | -€35,000 | -41.2% |
| Trade receivables | 290 | €85,000 | €50,000 | -€35,000 | -41.2% |
| Amounts receivable within one year | 40/41 | €67,616 | €80,195 | +€12,579 | +18.6% |
| Trade receivables | 40 | €34,419 | €46,968 | +€12,549 | +36.5% |
| Other amounts receivable | 41 | €33,197 | €33,227 | +€30 | +0.1% |
| Cash at bank and in hand | 54/58 | €3,145 | €3,337 | +€193 | +6.1% |
| Deferred charges and accrued income | 490/1 | €3,105 | €4,808 | +€1,703 | +54.8% |
| Total equity and liabilities | 10/49 | €431,016 | €403,980 | -€27,036 | -6.3% |
| Equity | 10/15 | €58,443 | €60,845 | +€2,402 | +4.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €57,443 | €59,845 | +€2,402 | +4.2% |
| Distributable reserves | 133 | €57,443 | €59,845 | +€2,402 | +4.2% |
| Amounts payable | 17/49 | €372,573 | €343,134 | -€29,439 | -7.9% |
| Amounts payable after more than one year | 17 | €341,843 | €313,514 | -€28,329 | -8.3% |
| Financial debts | 170/4 | €341,843 | €313,514 | -€28,329 | -8.3% |
| Amounts payable within one year | 42/48 | €30,730 | €29,620 | -€1,109 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €11,369 | €20,000 | +€8,631 | +75.9% |
| Trade debts | 44 | €17,895 | €6,057 | -€11,838 | -66.2% |
| Suppliers | 440/4 | €17,895 | €6,057 | -€11,838 | -66.2% |
| Taxes, remuneration and social security | 45 | €632 | €2,078 | +€1,446 | +229% |
| Taxes | 450/3 | €632 | €2,078 | +€1,446 | +229% |
| Other amounts payable | 47/48 | €833 | €1,485 | +€652 | +78.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,508 | €6,510 | +€2 | 0.0% |
| Other operating charges | 640/8 | €2,519 | €1,599 | -€919 | -36.5% |
| Gross operating margin | 9900 | €17,196 | €18,819 | +€1,624 | +9.4% |
| Operating profit (loss) | 9901 | €8,169 | €10,710 | +€2,541 | +31.1% |
| Financial income | 75/76B | €271 | €1,038 | +€768 | +284% |
| Recurring financial income | 75 | €271 | €1,038 | +€768 | +284% |
| Financial charges | 65/66B | €5,093 | €7,203 | +€2,110 | +41.4% |
| Recurring financial charges | 65 | €5,093 | €7,203 | +€2,110 | +41.4% |
| Profit (loss) for the period before taxes | 9903 | €3,346 | €4,545 | +€1,198 | +35.8% |
| Income taxes | 67/77 | €1,093 | €1,309 | +€216 | +19.8% |
| Profit (loss) for the period | 9904 | €2,253 | €3,235 | +€982 | +43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,253 | €3,235 | +€982 | +43.6% |
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 25 October 2026 via checked.be.