IKT: 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.
IKT
Largest movements
- Receivables within one year +€87,120
up €87,120 (+134.3%), from €64,890 to €152,010
- Stocks and contracts -€47,490
down €47,490 (-68.8%), from €69,006 to €21,516
- Cash -€35,888
down €35,888 (-25.1%), from €142,797 to €106,909
mainly Receivables within one year (-€87,120) and Trade debts (-€23,101)
- Tangible fixed assets -€13,176
down €13,176 (-52.6%), from €25,067 to €11,891
- Reserves +€54,212
up €54,212 (+35.9%), from €150,898 to €205,110
- Trade debts -€23,101
down €23,101 (-76.6%), from €30,167 to €7,067
- Contributions -€20,000
down €20,000 (-26.7%), from €75,000 to €55,000
- Accrued charges and deferred income -€10,082
down €10,082 (-62.9%), from €16,019 to €5,937
- Debts after one year -€7,800
no longer reported in 2025 (was €7,800)
- Gross operating margin +€26,833
up €26,833 (+38.9%), from €69,065 to €95,898
- Taxes +€13,976
up €13,976 (+118.2%), from €11,823 to €25,799
- Write-downs -€11,989
down €11,989, from €10,300 to -€1,689
- Depreciation -€6,714
down €6,714 (-31.8%), from €21,143 to €14,429
- Other operating charges +€1,765
up €1,765 (+365.2%), from €483 to €2,248
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 | €304,487 | €295,947 | -€8,540 | -2.8% |
| Fixed assets | 21/28 | €25,067 | €11,891 | -€13,176 | -52.6% |
| Tangible fixed assets | 22/27 | €25,067 | €11,891 | -€13,176 | -52.6% |
| Furniture and vehicles | 24 | €25,067 | €11,891 | -€13,176 | -52.6% |
| Current assets | 29/58 | €279,421 | €284,057 | +€4,636 | +1.7% |
| Stocks and contracts in progress | 3 | €69,006 | €21,516 | -€47,490 | -68.8% |
| Stocks | 30/36 | €69,006 | €21,516 | -€47,490 | -68.8% |
| Amounts receivable within one year | 40/41 | €64,890 | €152,010 | +€87,120 | +134.3% |
| Trade receivables | 40 | €64,890 | €152,010 | +€87,120 | +134.3% |
| Cash at bank and in hand | 54/58 | €142,797 | €106,909 | -€35,888 | -25.1% |
| Deferred charges and accrued income | 490/1 | €2,728 | €3,621 | +€894 | +32.8% |
| Total equity and liabilities | 10/49 | €304,487 | €295,947 | -€8,540 | -2.8% |
| Equity | 10/15 | €225,898 | €260,110 | +€34,212 | +15.1% |
| Contributions | 10/11 | €75,000 | €55,000 | -€20,000 | -26.7% |
| Reserves | 13 | €150,898 | €205,110 | +€54,212 | +35.9% |
| Distributable reserves | 133 | €150,898 | €205,110 | +€54,212 | +35.9% |
| Amounts payable | 17/49 | €78,589 | €35,837 | -€42,752 | -54.4% |
| Amounts payable after more than one year | 17 | €7,800 | - | -€7,800 | |
| Financial debts | 170/4 | €7,800 | - | -€7,800 | |
| Amounts payable within one year | 42/48 | €54,770 | €29,900 | -€24,870 | -45.4% |
| Current portion of amounts payable after more than one year | 42 | €10,181 | €7,800 | -€2,380 | -23.4% |
| Trade debts | 44 | €30,167 | €7,067 | -€23,101 | -76.6% |
| Suppliers | 440/4 | €30,167 | €7,067 | -€23,101 | -76.6% |
| Taxes, remuneration and social security | 45 | €8,805 | €11,660 | +€2,855 | +32.4% |
| Taxes | 450/3 | €8,805 | €11,660 | +€2,855 | +32.4% |
| Other amounts payable | 47/48 | €5,616 | €3,373 | -€2,243 | -39.9% |
| Accrued charges and deferred income | 492/3 | €16,019 | €5,937 | -€10,082 | -62.9% |
| Non-recurring operating income | 76A | €10,000 | - | -€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,143 | €14,429 | -€6,714 | -31.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,300 | -€1,689 | -€11,989 | |
| Other operating charges | 640/8 | €483 | €2,248 | +€1,765 | +365.2% |
| Gross operating margin | 9900 | €69,065 | €95,898 | +€26,833 | +38.9% |
| Operating profit (loss) | 9901 | €37,139 | €80,910 | +€43,771 | +117.9% |
| Financial income | 75/76B | €397 | €249 | -€147 | -37.1% |
| Recurring financial income | 75 | €397 | €249 | -€147 | -37.1% |
| Financial charges | 65/66B | €1,283 | €1,149 | -€135 | -10.5% |
| Recurring financial charges | 65 | €1,283 | €1,149 | -€135 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €36,252 | €80,011 | +€43,759 | +120.7% |
| Income taxes | 67/77 | €11,823 | €25,799 | +€13,976 | +118.2% |
| Profit (loss) for the period | 9904 | €24,429 | €54,212 | +€29,783 | +121.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,429 | €54,212 | +€29,783 | +121.9% |
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 2 October 2026 via checked.be.