IKINET: 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.
IKINET
Largest movements
- Tangible fixed assets -€18,865
down €18,865 (-6.3%), from €299,581 to €280,716
- Deferred charges and accrued income +€5,798
up €5,798 (+654.8%), from €885 to €6,683
- Debts after one year -€18,782
down €18,782 (-9.5%), from €197,413 to €178,631
- Trade debts +€5,571
up €5,571 (+368.2%), from €1,513 to €7,085
- Profit (loss) carried forward -€4,392
down €4,392 (-30.9%), from -€14,194 to -€18,586
- Depreciation -€3,330
down €3,330 (-15.0%), from €22,195 to €18,865
- Gross operating margin -€1,877
down €1,877 (-7.0%), from €26,864 to €24,988
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 | €347,783 | €333,711 | -€14,072 | -4.0% |
| Fixed assets | 21/28 | €320,581 | €301,716 | -€18,865 | -5.9% |
| Tangible fixed assets | 22/27 | €299,581 | €280,716 | -€18,865 | -6.3% |
| Land and buildings | 22 | €299,581 | €280,716 | -€18,865 | -6.3% |
| Financial fixed assets | 28 | €21,000 | €21,000 | = | 0.0% |
| Current assets | 29/58 | €27,202 | €31,995 | +€4,793 | +17.6% |
| Amounts receivable within one year | 40/41 | €24,234 | €21,324 | -€2,909 | -12.0% |
| Trade receivables | 40 | €3,107 | - | -€3,107 | |
| Other amounts receivable | 41 | €21,127 | €21,324 | +€198 | +0.9% |
| Cash at bank and in hand | 54/58 | €2,083 | €3,987 | +€1,905 | +91.5% |
| Deferred charges and accrued income | 490/1 | €885 | €6,683 | +€5,798 | +654.8% |
| Total equity and liabilities | 10/49 | €347,783 | €333,711 | -€14,072 | -4.0% |
| Equity | 10/15 | €74,599 | €70,208 | -€4,392 | -5.9% |
| Contributions | 10/11 | €68,820 | €68,820 | = | 0.0% |
| Reserves | 13 | €19,973 | €19,973 | = | 0.0% |
| Distributable reserves | 133 | €19,973 | €19,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,194 | -€18,586 | -€4,392 | -30.9% |
| Amounts payable | 17/49 | €273,183 | €263,503 | -€9,680 | -3.5% |
| Amounts payable after more than one year | 17 | €197,413 | €178,631 | -€18,782 | -9.5% |
| Financial debts | 170/4 | €197,413 | €178,631 | -€18,782 | -9.5% |
| Amounts payable within one year | 42/48 | €75,770 | €82,873 | +€7,103 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €18,509 | €18,782 | +€272 | +1.5% |
| Trade debts | 44 | €1,513 | €7,085 | +€5,571 | +368.2% |
| Suppliers | 440/4 | €1,513 | €7,085 | +€5,571 | +368.2% |
| Taxes, remuneration and social security | 45 | - | €321 | +€321 | |
| Taxes | 450/3 | - | €321 | +€321 | |
| Other amounts payable | 47/48 | €55,748 | €56,686 | +€938 | +1.7% |
| Accrued charges and deferred income | 492/3 | - | €1,998 | +€1,998 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,195 | €18,865 | -€3,330 | -15.0% |
| Other operating charges | 640/8 | €6,514 | €6,719 | +€205 | +3.1% |
| Gross operating margin | 9900 | €26,864 | €24,988 | -€1,877 | -7.0% |
| Operating profit (loss) | 9901 | -€1,845 | -€597 | +€1,249 | +67.7% |
| Financial charges | 65/66B | €3,868 | €3,795 | -€73 | -1.9% |
| Recurring financial charges | 65 | €3,868 | €3,795 | -€73 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,713 | -€4,392 | +€1,322 | +23.1% |
| Profit (loss) for the period | 9904 | -€5,713 | -€4,392 | +€1,322 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,713 | -€4,392 | +€1,322 | +23.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.