IKORIS: 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.
IKORIS
Largest movements
- Current investments +€55,628
new in 2025: €55,628
- Cash -€15,960
no longer reported in 2025 (was €15,960)
mainly Current investments (-€55,628) and Investment in fixed assets (net) (-€1,924)
- Tangible fixed assets +€1,792
new in 2025: €1,792
- Trade debts +€19,600
new in 2025: €19,600
- Profit (loss) carried forward +€13,498
up €13,498, from -€578 to €12,920
- Tax, wage and social debts +€6,444
up €6,444 (+2,148%), from €300 to €6,744
- Other debts +€1,356
up €1,356 (+75.3%), from €1,800 to €3,156
- Gross operating margin +€17,845
up €17,845, from -€421 to €17,424
- Taxes +€3,230
new in 2025: €3,230
- Other operating charges +€412
new in 2025: €412
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 | €16,522 | €57,420 | +€40,898 | +248% |
| Fixed assets | 21/28 | - | €1,792 | +€1,792 | |
| Tangible fixed assets | 22/27 | - | €1,792 | +€1,792 | |
| Furniture and vehicles | 24 | - | €1,792 | +€1,792 | |
| Current assets | 29/58 | €16,522 | €55,628 | +€39,106 | +237% |
| Amounts receivable within one year | 40/41 | €562 | - | -€562 | |
| Trade receivables | 40 | €562 | - | -€562 | |
| Current investments | 50/53 | - | €55,628 | +€55,628 | |
| Cash at bank and in hand | 54/58 | €15,960 | - | -€15,960 | |
| Total equity and liabilities | 10/49 | €16,522 | €57,420 | +€40,898 | +248% |
| Equity | 10/15 | €14,422 | €27,920 | +€13,498 | +93.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€578 | €12,920 | +€13,498 | |
| Amounts payable | 17/49 | €2,100 | €29,500 | +€27,400 | +1,305% |
| Amounts payable within one year | 42/48 | €2,100 | €29,500 | +€27,400 | +1,305% |
| Trade debts | 44 | - | €19,600 | +€19,600 | |
| Suppliers | 440/4 | - | €19,600 | +€19,600 | |
| Taxes, remuneration and social security | 45 | €300 | €6,744 | +€6,444 | +2,148% |
| Taxes | 450/3 | €300 | €6,744 | +€6,444 | +2,148% |
| Other amounts payable | 47/48 | €1,800 | €3,156 | +€1,356 | +75.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €132 | +€132 | |
| Other operating charges | 640/8 | - | €412 | +€412 | |
| Gross operating margin | 9900 | -€421 | €17,424 | +€17,845 | |
| Operating profit (loss) | 9901 | -€421 | €16,880 | +€17,302 | |
| Financial charges | 65/66B | €157 | €152 | -€5 | -2.9% |
| Recurring financial charges | 65 | €157 | €152 | -€5 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | -€578 | €16,728 | +€17,306 | |
| Income taxes | 67/77 | - | €3,230 | +€3,230 | |
| Profit (loss) for the period | 9904 | -€578 | €13,498 | +€14,076 | |
| Profit (loss) for the period to be appropriated | 9905 | -€578 | €13,498 | +€14,076 |
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 16 October 2026 via checked.be.