IKIRU: 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.
IKIRU
Largest movements
- Cash -€28,367
down €28,367 (-20.9%), from €135,585 to €107,218
mainly Advances received (-€22,000) and Net result for the year (-€21,653)
- Tangible fixed assets -€8,052
down €8,052 (-16.9%), from €47,705 to €39,653
of which Furniture and vehicles: -€7,466
- Receivables within one year -€5,254
down €5,254 (-16.0%), from €32,792 to €27,538
of which Trade receivables: -€3,503
- Advances received -€22,000
no longer reported in 2025 (was €22,000)
- Profit (loss) carried forward -€21,653
down €21,653 (-200.8%), from -€10,785 to -€32,438
- Tax, wage and social debts +€5,683
up €5,683 (+127.4%), from €4,460 to €10,143
of which Remuneration and social security: +€9,500
- Other debts -€3,203
down €3,203 (-62.9%), from €5,096 to €1,893
- Turnover -€174,809
down €174,809 (-67.3%), from €259,892 to €85,083
- Purchases and services -€101,434
down €101,434 (-52.3%), from €194,006 to €92,572
- Gross operating margin -€73,375
down €73,375, from €65,886 to -€7,489
- Taxes -€10,958
down €10,958 (-98.3%), from €11,146 to €188
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 | €228,883 | €187,138 | -€41,745 | -18.2% |
| Fixed assets | 21/28 | €47,955 | €39,903 | -€8,052 | -16.8% |
| Tangible fixed assets | 22/27 | €47,705 | €39,653 | -€8,052 | -16.9% |
| Plant, machinery and equipment | 23 | €5,321 | €5,179 | -€142 | -2.7% |
| Furniture and vehicles | 24 | €36,168 | €28,702 | -€7,466 | -20.6% |
| Other tangible fixed assets | 26 | €6,216 | €5,772 | -€444 | -7.1% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €180,928 | €147,235 | -€33,693 | -18.6% |
| Stocks and contracts in progress | 3 | €12,551 | €12,479 | -€72 | -0.6% |
| Stocks | 30/36 | €12,551 | €12,479 | -€72 | -0.6% |
| Amounts receivable within one year | 40/41 | €32,792 | €27,538 | -€5,254 | -16.0% |
| Trade receivables | 40 | €12,061 | €8,558 | -€3,503 | -29.0% |
| Other amounts receivable | 41 | €20,731 | €18,980 | -€1,751 | -8.4% |
| Cash at bank and in hand | 54/58 | €135,585 | €107,218 | -€28,367 | -20.9% |
| Total equity and liabilities | 10/49 | €228,883 | €187,138 | -€41,745 | -18.2% |
| Equity | 10/15 | €182,962 | €161,309 | -€21,653 | -11.8% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €185,747 | €185,747 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €173,747 | €173,747 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,785 | -€32,438 | -€21,653 | -200.8% |
| Amounts payable | 17/49 | €45,921 | €25,829 | -€20,092 | -43.8% |
| Amounts payable within one year | 42/48 | €45,921 | €25,829 | -€20,092 | -43.8% |
| Trade debts | 44 | €14,365 | €13,793 | -€572 | -4.0% |
| Suppliers | 440/4 | €14,365 | €13,793 | -€572 | -4.0% |
| Advances received on contracts in progress | 46 | €22,000 | - | -€22,000 | |
| Taxes, remuneration and social security | 45 | €4,460 | €10,143 | +€5,683 | +127.4% |
| Taxes | 450/3 | €4,460 | €643 | -€3,817 | -85.6% |
| Remuneration and social security | 454/9 | - | €9,500 | +€9,500 | |
| Other amounts payable | 47/48 | €5,096 | €1,893 | -€3,203 | -62.9% |
| Turnover | 70 | €259,892 | €85,083 | -€174,809 | -67.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €194,006 | €92,572 | -€101,434 | -52.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,038 | €9,001 | -€1,037 | -10.3% |
| Other operating charges | 640/8 | €3,803 | €2,620 | -€1,183 | -31.1% |
| Gross operating margin | 9900 | €65,886 | -€7,489 | -€73,375 | |
| Operating profit (loss) | 9901 | €52,045 | -€19,110 | -€71,155 | |
| Financial income | 75/76B | €364 | - | -€364 | |
| Recurring financial income | 75 | €364 | - | -€364 | |
| Financial charges | 65/66B | €334 | €2,355 | +€2,021 | +605.1% |
| Recurring financial charges | 65 | €334 | €2,355 | +€2,021 | +605.1% |
| Profit (loss) for the period before taxes | 9903 | €52,075 | -€21,465 | -€73,540 | |
| Income taxes | 67/77 | €11,146 | €188 | -€10,958 | -98.3% |
| Profit (loss) for the period | 9904 | €40,929 | -€21,653 | -€62,582 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,929 | -€21,653 | -€62,582 |
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 7 October 2026 via checked.be.