IKON: 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.
IKON
Largest movements
- Tangible fixed assets -€84,166
down €84,166 (-12.2%), from €692,498 to €608,331
- Current investments +€60,000
up €60,000 (+159.5%), from €37,613 to €97,613
- Cash -€26,341
down €26,341 (-29.1%), from €90,655 to €64,314
mainly Debts after one year (-€66,420) and Current investments (-€60,000)
- Receivables within one year -€9,826
down €9,826 (-19.6%), from €50,258 to €40,431
of which Other amounts receivable: -€6,215
- Debts after one year -€66,420
down €66,420 (-9.2%), from €719,339 to €652,920
- Profit (loss) carried forward +€44,139
up €44,139 (+56.2%), from -€78,585 to -€34,446
- Trade debts -€14,917
down €14,917 (-33.4%), from €44,652 to €29,735
- Current portion of long-term debt -€14,365
down €14,365 (-17.9%), from €80,290 to €65,925
- Staff costs -€66,188
down €66,188 (-41.7%), from €158,776 to €92,589
- Gross operating margin +€41,806
up €41,806 (+19.9%), from €210,459 to €252,265
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €874,362 | €816,604 | -€57,758 | -6.6% |
| Fixed assets | 21/28 | €692,498 | €608,331 | -€84,166 | -12.2% |
| Tangible fixed assets | 22/27 | €692,498 | €608,331 | -€84,166 | -12.2% |
| Land and buildings | 22 | €229,678 | €196,661 | -€33,016 | -14.4% |
| Furniture and vehicles | 24 | €26,305 | €20,006 | -€6,299 | -23.9% |
| Leasing and similar rights | 25 | €279,430 | €257,430 | -€22,000 | -7.9% |
| Other tangible fixed assets | 26 | €157,085 | €134,234 | -€22,851 | -14.5% |
| Current assets | 29/58 | €181,864 | €208,272 | +€26,409 | +14.5% |
| Amounts receivable within one year | 40/41 | €50,258 | €40,431 | -€9,826 | -19.6% |
| Trade receivables | 40 | €42,580 | €38,968 | -€3,612 | -8.5% |
| Other amounts receivable | 41 | €7,678 | €1,464 | -€6,215 | -80.9% |
| Current investments | 50/53 | €37,613 | €97,613 | +€60,000 | +159.5% |
| Cash at bank and in hand | 54/58 | €90,655 | €64,314 | -€26,341 | -29.1% |
| Deferred charges and accrued income | 490/1 | €3,337 | €5,913 | +€2,576 | +77.2% |
| Total equity and liabilities | 10/49 | €874,362 | €816,604 | -€57,758 | -6.6% |
| Equity | 10/15 | €4,880 | €49,019 | +€44,139 | +904.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €64,866 | €64,866 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €580 | €580 | = | 0.0% |
| Distributable reserves | 133 | €64,286 | €64,286 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,585 | -€34,446 | +€44,139 | +56.2% |
| Amounts payable | 17/49 | €869,481 | €767,584 | -€101,897 | -11.7% |
| Amounts payable after more than one year | 17 | €719,339 | €652,920 | -€66,420 | -9.2% |
| Financial debts | 170/4 | €719,339 | €652,920 | -€66,420 | -9.2% |
| Amounts payable within one year | 42/48 | €150,056 | €114,621 | -€35,435 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €80,290 | €65,925 | -€14,365 | -17.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €44,652 | €29,735 | -€14,917 | -33.4% |
| Suppliers | 440/4 | €44,652 | €29,735 | -€14,917 | -33.4% |
| Taxes, remuneration and social security | 45 | €23,550 | €17,381 | -€6,169 | -26.2% |
| Taxes | 450/3 | €8,908 | €9,752 | +€844 | +9.5% |
| Remuneration and social security | 454/9 | €14,642 | €7,629 | -€7,013 | -47.9% |
| Other amounts payable | 47/48 | €1,565 | €1,581 | +€16 | +1.0% |
| Accrued charges and deferred income | 492/3 | €86 | €44 | -€42 | -49.2% |
| Remuneration, social security and pensions | 62 | €158,776 | €92,589 | -€66,188 | -41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,539 | €84,166 | -€1,372 | -1.6% |
| Other operating charges | 640/8 | €5,463 | €5,640 | +€177 | +3.2% |
| Gross operating margin | 9900 | €210,459 | €252,265 | +€41,806 | +19.9% |
| Operating profit (loss) | 9901 | -€39,319 | €69,870 | +€109,189 | |
| Financial income | 75/76B | €306 | €880 | +€574 | +187.5% |
| Recurring financial income | 75 | €306 | €880 | +€574 | +187.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €25,123 | €26,316 | +€1,193 | +4.7% |
| Recurring financial charges | 65 | €25,123 | €26,316 | +€1,193 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | -€64,136 | €44,433 | +€108,569 | |
| Income taxes | 67/77 | €306 | €294 | -€12 | -3.8% |
| Profit (loss) for the period | 9904 | -€64,442 | €44,139 | +€108,581 | |
| Profit (loss) for the period to be appropriated | 9905 | -€64,442 | €44,139 | +€108,581 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.