IKS: 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.
IKS
Largest movements
- Intangible fixed assets -€10,000
no longer reported in 2025 (was €10,000)
- Tangible fixed assets -€547
down €547 (-86.6%), from €632 to €85
of which Furniture and vehicles: -€335
- Cash -€424
down €424 (-4.3%), from €9,931 to €9,507
mainly Net result for the year (-€9,035) and Other debts (-€1,573)
- Profit (loss) carried forward -€9,034
down €9,034 (-9.3%), from -€96,748 to -€105,782
- Other debts -€1,573
down €1,573 (-1.5%), from €108,016 to €106,443
- Gross operating margin -€10,014
down €10,014 (-84.3%), from €11,873 to €1,859
- Depreciation -€461
down €461 (-4.2%), from €11,008 to €10,547
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 | €20,563 | €9,778 | -€10,785 | -52.4% |
| Fixed assets | 21/28 | €10,632 | €85 | -€10,547 | -99.2% |
| Intangible fixed assets | 21 | €10,000 | - | -€10,000 | |
| Tangible fixed assets | 22/27 | €632 | €85 | -€547 | -86.6% |
| Plant, machinery and equipment | 23 | €297 | €85 | -€212 | -71.4% |
| Furniture and vehicles | 24 | €335 | - | -€335 | |
| Current assets | 29/58 | €9,931 | €9,693 | -€238 | -2.4% |
| Amounts receivable within one year | 40/41 | €0 | €187 | +€187 | |
| Trade receivables | 40 | - | €187 | +€187 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €9,931 | €9,507 | -€424 | -4.3% |
| Total equity and liabilities | 10/49 | €20,563 | €9,778 | -€10,785 | -52.4% |
| Equity | 10/15 | -€90,548 | -€99,582 | -€9,034 | -10.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,748 | -€105,782 | -€9,034 | -9.3% |
| Amounts payable | 17/49 | €111,111 | €109,361 | -€1,750 | -1.6% |
| Amounts payable within one year | 42/48 | €111,111 | €109,361 | -€1,750 | -1.6% |
| Trade debts | 44 | €468 | €371 | -€97 | -20.7% |
| Suppliers | 440/4 | €468 | €371 | -€97 | -20.7% |
| Taxes, remuneration and social security | 45 | €2,627 | €2,546 | -€81 | -3.1% |
| Taxes | 450/3 | €2,627 | €2,546 | -€81 | -3.1% |
| Other amounts payable | 47/48 | €108,016 | €106,443 | -€1,573 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,008 | €10,547 | -€461 | -4.2% |
| Other operating charges | 640/8 | €288 | €277 | -€11 | -3.7% |
| Gross operating margin | 9900 | €11,873 | €1,859 | -€10,014 | -84.3% |
| Operating profit (loss) | 9901 | €577 | -€8,966 | -€9,543 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €48 | €69 | +€21 | +44.1% |
| Recurring financial charges | 65 | €48 | €69 | +€21 | +44.1% |
| Profit (loss) for the period before taxes | 9903 | €529 | -€9,035 | -€9,564 | |
| Profit (loss) for the period | 9904 | €529 | -€9,035 | -€9,564 | |
| Profit (loss) for the period to be appropriated | 9905 | €529 | -€9,035 | -€9,564 |
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.