IKXIA: 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.
IKXIA
Largest movements
- Tangible fixed assets +€1.2m
up €1.2m (+3541.3%), from €33,101 to €1.2m
of which Land and buildings: +€1.2m
- Receivables within one year -€129,769
down €129,769 (-82.9%), from €156,603 to €26,835
of which Trade receivables: -€136,447
- Debts after one year +€1.2m
new in 2025: €1.2m
of which Financial debts: +€947,853
- Profit (loss) carried forward -€146,747
down €146,747, from €66,244 to -€80,504
- Trade debts +€38,523
up €38,523 (+3794.3%), from €1,015 to €39,538
- Other debts -€17,000
down €17,000 (-28.3%), from €60,000 to €43,000
- Other operating charges +€136,517
up €136,517 (+921.9%), from €14,808 to €151,325
- Gross operating margin -€38,103
down €38,103 (-51.3%), from €74,307 to €36,204
- Financial charges +€22,274
up €22,274 (+308.0%), from €7,232 to €29,506
- Depreciation +€20,162
up €20,162 (+529.5%), from €3,808 to €23,970
- Taxes -€12,115
no longer reported in 2025 (was €12,115)
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €199,167 | €1,238,500 | +€1.0m | +521.8% |
| Fixed assets | 21/28 | €33,101 | €1,205,324 | +€1.2m | +3541.3% |
| Tangible fixed assets | 22/27 | €33,101 | €1,205,324 | +€1.2m | +3541.3% |
| Land and buildings | 22 | - | €1,179,838 | +€1.2m | |
| Plant, machinery and equipment | 23 | €33,101 | €25,486 | -€7,615 | -23.0% |
| Current assets | 29/58 | €166,066 | €33,177 | -€132,889 | -80.0% |
| Amounts receivable within one year | 40/41 | €156,603 | €26,835 | -€129,769 | -82.9% |
| Trade receivables | 40 | €154,370 | €17,923 | -€136,447 | -88.4% |
| Other amounts receivable | 41 | €2,233 | €8,912 | +€6,678 | +299.0% |
| Cash at bank and in hand | 54/58 | €1,590 | €6,342 | +€4,752 | +298.8% |
| Deferred charges and accrued income | 490/1 | €7,872 | - | -€7,872 | |
| Total equity and liabilities | 10/49 | €199,167 | €1,238,500 | +€1.0m | +521.8% |
| Equity | 10/15 | €87,244 | -€59,504 | -€146,747 | |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,244 | -€80,504 | -€146,747 | |
| Amounts payable | 17/49 | €111,923 | €1,298,004 | +€1.2m | +1059.7% |
| Amounts payable after more than one year | 17 | - | €1,153,041 | +€1.2m | |
| Financial debts | 170/4 | - | €947,853 | +€947,853 | |
| Other amounts payable | 178/9 | - | €205,188 | +€205,188 | |
| Amounts payable within one year | 42/48 | €111,923 | €137,163 | +€25,239 | +22.6% |
| Trade debts | 44 | €1,015 | €39,538 | +€38,523 | +3794.3% |
| Suppliers | 440/4 | €1,015 | €39,538 | +€38,523 | +3794.3% |
| Advances received on contracts in progress | 46 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Taxes, remuneration and social security | 45 | €20,908 | €14,624 | -€6,284 | -30.1% |
| Taxes | 450/3 | €20,908 | €14,624 | -€6,284 | -30.1% |
| Other amounts payable | 47/48 | €60,000 | €43,000 | -€17,000 | -28.3% |
| Accrued charges and deferred income | 492/3 | - | €7,800 | +€7,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,808 | €23,970 | +€20,162 | +529.5% |
| Other operating charges | 640/8 | €14,808 | €151,325 | +€136,517 | +921.9% |
| Gross operating margin | 9900 | €74,307 | €36,204 | -€38,103 | -51.3% |
| Operating profit (loss) | 9901 | €55,692 | -€139,091 | -€194,783 | |
| Financial charges | 65/66B | €7,232 | €29,506 | +€22,274 | +308.0% |
| Recurring financial charges | 65 | €7,232 | €29,506 | +€22,274 | +308.0% |
| Profit (loss) for the period before taxes | 9903 | €48,460 | -€168,597 | -€217,056 | |
| Income taxes | 67/77 | €12,115 | - | -€12,115 | |
| Profit (loss) for the period | 9904 | €36,345 | -€168,597 | -€204,942 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,345 | -€168,597 | -€204,942 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2023 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.