IKON PROJECTS: 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 PROJECTS
Largest movements
- Cash +€5,481
up €5,481 (+390.1%), from €1,405 to €6,886
mainly Depreciation (+€2,713) and Net result for the year (+€2,085)
- Tangible fixed assets -€2,713
down €2,713 (-41.8%), from €6,485 to €3,772
of which Furniture and vehicles: -€1,896
- Receivables within one year +€680
up €680 (+12.4%), from €5,479 to €6,158
of which Trade receivables: +€833
- Stocks and contracts -€520
down €520 (-8.8%), from €5,913 to €5,393
- Reserves +€2,085
up €2,085 (+272.5%), from €765 to €2,850
- Trade debts +€1,573
up €1,573 (+126.0%), from €1,249 to €2,822
- Other debts -€1,078
down €1,078 (-14.6%), from €7,374 to €6,296
- Accrued charges and deferred income +€350
new in 2025: €350
- Gross operating margin +€2,438
up €2,438 (+73.3%), from €3,328 to €5,766
- Financial charges -€605
down €605 (-61.9%), from €979 to €373
- Depreciation -€123
down €123 (-4.3%), from €2,836 to €2,713
- Other operating charges -€112
down €112 (-15.8%), from €706 to €595
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 | €19,388 | €22,318 | +€2,930 | +15.1% |
| Fixed assets | 21/28 | €6,485 | €3,772 | -€2,713 | -41.8% |
| Tangible fixed assets | 22/27 | €6,485 | €3,772 | -€2,713 | -41.8% |
| Plant, machinery and equipment | 23 | €1,879 | €1,062 | -€817 | -43.5% |
| Furniture and vehicles | 24 | €4,606 | €2,710 | -€1,896 | -41.2% |
| Current assets | 29/58 | €12,903 | €18,546 | +€5,643 | +43.7% |
| Stocks and contracts in progress | 3 | €5,913 | €5,393 | -€520 | -8.8% |
| Stocks | 30/36 | €5,913 | €5,393 | -€520 | -8.8% |
| Amounts receivable within one year | 40/41 | €5,479 | €6,158 | +€680 | +12.4% |
| Trade receivables | 40 | €5,038 | €5,871 | +€833 | +16.5% |
| Other amounts receivable | 41 | €441 | €288 | -€153 | -34.7% |
| Cash at bank and in hand | 54/58 | €1,405 | €6,886 | +€5,481 | +390.1% |
| Deferred charges and accrued income | 490/1 | €107 | €109 | +€2 | +2.0% |
| Total equity and liabilities | 10/49 | €19,388 | €22,318 | +€2,930 | +15.1% |
| Equity | 10/15 | €10,765 | €12,850 | +€2,085 | +19.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €765 | €2,850 | +€2,085 | +272.5% |
| Distributable reserves | 133 | €765 | €2,850 | +€2,085 | +272.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €8,623 | €9,468 | +€845 | +9.8% |
| Amounts payable within one year | 42/48 | €8,623 | €9,118 | +€495 | +5.7% |
| Trade debts | 44 | €1,249 | €2,822 | +€1,573 | +126.0% |
| Suppliers | 440/4 | €1,249 | €2,822 | +€1,573 | +126.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €7,374 | €6,296 | -€1,078 | -14.6% |
| Accrued charges and deferred income | 492/3 | - | €350 | +€350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,836 | €2,713 | -€123 | -4.3% |
| Other operating charges | 640/8 | €706 | €595 | -€112 | -15.8% |
| Gross operating margin | 9900 | €3,328 | €5,766 | +€2,438 | +73.3% |
| Operating profit (loss) | 9901 | -€215 | €2,458 | +€2,673 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €979 | €373 | -€605 | -61.9% |
| Recurring financial charges | 65 | €979 | €373 | -€605 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,193 | €2,085 | +€3,278 | |
| Income taxes | 67/77 | -€22 | €0 | +€22 | |
| Profit (loss) for the period | 9904 | -€1,171 | €2,085 | +€3,256 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,171 | €2,085 | +€3,256 |
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.