IKOLOGIK: 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.
IKOLOGIK
Largest movements
- Cash +€46,843
up €46,843 (+30.6%), from €153,324 to €200,167
mainly Tax, wage and social debts (+€45,931) and Receivables within one year (+€38,011)
- Receivables within one year -€38,011
down €38,011 (-7.5%), from €504,172 to €466,161
of which Trade receivables: -€30,148
- Tangible fixed assets +€20,769
up €20,769 (+31.5%), from €65,840 to €86,609
of which Other tangible fixed assets: +€28,830
- Deferred charges and accrued income +€18,412
up €18,412 (+3,797%), from €485 to €18,897
- Intangible fixed assets -€16,000
down €16,000 (-22.7%), from €70,500 to €54,500
- Trade debts -€49,997
down €49,997 (-42.3%), from €118,167 to €68,170
- Tax, wage and social debts +€45,931
up €45,931 (+90.8%), from €50,611 to €96,542
of which Remuneration and social security: +€25,111
- Profit (loss) carried forward +€19,479
up €19,479 (+65.3%), from -€29,839 to -€10,360
- Debts after one year +€10,641
up €10,641 (+2.2%), from €494,821 to €505,462
- Gross operating margin +€124,082
up €124,082 (+33.2%), from €373,289 to €497,371
- Staff costs +€118,060
up €118,060 (+41.8%), from €282,379 to €400,440
- Taxes +€12,769
up €12,769 (+4,092%), from €312 to €13,081
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 | €803,049 | €829,330 | +€26,281 | +3.3% |
| Fixed assets | 21/28 | €142,518 | €141,109 | -€1,408 | -1.0% |
| Intangible fixed assets | 21 | €70,500 | €54,500 | -€16,000 | -22.7% |
| Tangible fixed assets | 22/27 | €65,840 | €86,609 | +€20,769 | +31.5% |
| Furniture and vehicles | 24 | €65,840 | €57,780 | -€8,060 | -12.2% |
| Other tangible fixed assets | 26 | - | €28,830 | +€28,830 | |
| Financial fixed assets | 28 | €6,178 | - | -€6,178 | |
| Current assets | 29/58 | €660,531 | €688,221 | +€27,690 | +4.2% |
| Stocks and contracts in progress | 3 | €2,550 | €2,996 | +€446 | +17.5% |
| Stocks | 30/36 | €2,550 | €2,996 | +€446 | +17.5% |
| Amounts receivable within one year | 40/41 | €504,172 | €466,161 | -€38,011 | -7.5% |
| Trade receivables | 40 | €496,309 | €466,161 | -€30,148 | -6.1% |
| Other amounts receivable | 41 | €7,863 | - | -€7,863 | |
| Cash at bank and in hand | 54/58 | €153,324 | €200,167 | +€46,843 | +30.6% |
| Deferred charges and accrued income | 490/1 | €485 | €18,897 | +€18,412 | +3,797% |
| Total equity and liabilities | 10/49 | €803,049 | €829,330 | +€26,281 | +3.3% |
| Equity | 10/15 | €130,161 | €149,640 | +€19,479 | +15.0% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Capital | 10 | €160,000 | €160,000 | = | 0.0% |
| Issued capital | 100 | €160,000 | €160,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,839 | -€10,360 | +€19,479 | +65.3% |
| Amounts payable | 17/49 | €672,888 | €679,690 | +€6,803 | +1.0% |
| Amounts payable after more than one year | 17 | €494,821 | €505,462 | +€10,641 | +2.2% |
| Financial debts | 170/4 | €494,821 | €505,462 | +€10,641 | +2.2% |
| Amounts payable within one year | 42/48 | €178,067 | €174,228 | -€3,839 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €9,056 | €9,516 | +€460 | +5.1% |
| Trade debts | 44 | €118,167 | €68,170 | -€49,997 | -42.3% |
| Suppliers | 440/4 | €118,167 | €68,170 | -€49,997 | -42.3% |
| Taxes, remuneration and social security | 45 | €50,611 | €96,542 | +€45,931 | +90.8% |
| Taxes | 450/3 | €8,853 | €29,673 | +€20,820 | +235% |
| Remuneration and social security | 454/9 | €41,759 | €66,870 | +€25,111 | +60.1% |
| Other amounts payable | 47/48 | €232 | - | -€232 | |
| Remuneration, social security and pensions | 62 | €282,379 | €400,440 | +€118,060 | +41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,365 | €31,494 | +€129 | +0.4% |
| Other operating charges | 640/8 | €1,803 | €3,166 | +€1,362 | +75.5% |
| Gross operating margin | 9900 | €373,289 | €497,371 | +€124,082 | +33.2% |
| Operating profit (loss) | 9901 | €57,741 | €62,272 | +€4,531 | +7.8% |
| Financial income | 75/76B | - | €1,346 | +€1,346 | |
| Recurring financial income | 75 | - | €1,346 | +€1,346 | |
| Financial charges | 65/66B | €35,013 | €31,058 | -€3,954 | -11.3% |
| Recurring financial charges | 65 | €35,013 | €31,058 | -€3,954 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €22,729 | €32,560 | +€9,831 | +43.3% |
| Income taxes | 67/77 | €312 | €13,081 | +€12,769 | +4,092% |
| Profit (loss) for the period | 9904 | €22,417 | €19,479 | -€2,938 | -13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,417 | €19,479 | -€2,938 | -13.1% |
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 30 October 2026 via checked.be.