IKX: 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.
IKX
Largest movements
- Cash +€30,675
up €30,675 (+786%), from €3,904 to €34,579
mainly Net result for the year (+€23,215) and Depreciation (+€8,208)
- Tangible fixed assets -€8,208
down €8,208 (-20.3%), from €40,412 to €32,204
- Receivables within one year -€1,708
down €1,708 (-37.9%), from €4,511 to €2,803
of which Trade receivables: -€3,940
- Reserves +€23,000
up €23,000 (+67.6%), from €34,000 to €57,000
- Other debts -€2,858
down €2,858 (-22.8%), from €12,541 to €9,682
- Depreciation +€2,959
up €2,959 (+56.4%), from €5,249 to €8,208
- Taxes -€1,706
down €1,706 (-22.5%), from €7,599 to €5,893
- Other operating charges -€1,270
down €1,270 (-75.8%), from €1,676 to €406
- Gross operating margin -€939
down €939 (-2.4%), from €38,762 to €37,823
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 | €50,029 | €70,598 | +€20,569 | +41.1% |
| Fixed assets | 21/28 | €40,412 | €32,204 | -€8,208 | -20.3% |
| Tangible fixed assets | 22/27 | €40,412 | €32,204 | -€8,208 | -20.3% |
| Furniture and vehicles | 24 | €40,412 | €32,204 | -€8,208 | -20.3% |
| Current assets | 29/58 | €9,616 | €38,394 | +€28,778 | +299% |
| Amounts receivable within one year | 40/41 | €4,511 | €2,803 | -€1,708 | -37.9% |
| Trade receivables | 40 | €4,405 | €465 | -€3,940 | -89.4% |
| Other amounts receivable | 41 | €106 | €2,338 | +€2,232 | +2,116% |
| Cash at bank and in hand | 54/58 | €3,904 | €34,579 | +€30,675 | +786% |
| Deferred charges and accrued income | 490/1 | €1,201 | €1,012 | -€189 | -15.7% |
| Total equity and liabilities | 10/49 | €50,029 | €70,598 | +€20,569 | +41.1% |
| Equity | 10/15 | €35,304 | €58,518 | +€23,215 | +65.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €34,000 | €57,000 | +€23,000 | +67.6% |
| Distributable reserves | 133 | €34,000 | €57,000 | +€23,000 | +67.6% |
| Profit (loss) carried forward | 14 | €304 | €518 | +€215 | +70.7% |
| Amounts payable | 17/49 | €14,725 | €12,080 | -€2,645 | -18.0% |
| Amounts payable within one year | 42/48 | €14,725 | €12,064 | -€2,661 | -18.1% |
| Trade debts | 44 | €1,434 | €1,047 | -€387 | -27.0% |
| Suppliers | 440/4 | €1,434 | €1,047 | -€387 | -27.0% |
| Taxes, remuneration and social security | 45 | €750 | €1,334 | +€584 | +77.9% |
| Taxes | 450/3 | €750 | €1,334 | +€584 | +77.9% |
| Other amounts payable | 47/48 | €12,541 | €9,682 | -€2,858 | -22.8% |
| Accrued charges and deferred income | 492/3 | - | €16 | +€16 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,249 | €8,208 | +€2,959 | +56.4% |
| Other operating charges | 640/8 | €1,676 | €406 | -€1,270 | -75.8% |
| Gross operating margin | 9900 | €38,762 | €37,823 | -€939 | -2.4% |
| Operating profit (loss) | 9901 | €31,836 | €29,210 | -€2,627 | -8.3% |
| Financial income | 75/76B | €84 | €72 | -€12 | -14.3% |
| Recurring financial income | 75 | €84 | €72 | -€12 | -14.3% |
| Financial charges | 65/66B | €110 | €174 | +€64 | +58.1% |
| Recurring financial charges | 65 | €110 | €174 | +€64 | +58.1% |
| Profit (loss) for the period before taxes | 9903 | €31,810 | €29,108 | -€2,703 | -8.5% |
| Income taxes | 67/77 | €7,599 | €5,893 | -€1,706 | -22.5% |
| Profit (loss) for the period | 9904 | €24,211 | €23,215 | -€996 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €24,211 | €23,215 | -€996 | -4.1% |
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 23 October 2026 via checked.be.