Io: 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.
Io
Largest movements
- Receivables within one year +€64,483
up €64,483 (+144.2%), from €44,721 to €109,204
of which Other amounts receivable: +€65,759
- Tangible fixed assets -€14,783
down €14,783 (-16.2%), from €91,439 to €76,656
of which Land and buildings: -€14,267
- Profit (loss) carried forward +€23,441
up €23,441 (+38.8%), from -€60,458 to -€37,018
- Trade debts +€21,940
up €21,940 (+458.5%), from €4,785 to €26,726
- Tax, wage and social debts +€18,181
up €18,181 (+126.8%), from €14,342 to €32,523
- Debts after one year -€17,573
down €17,573 (-10.7%), from €164,098 to €146,525
- Other debts +€7,496
up €7,496 (+50.0%), from €15,000 to €22,496
- Financial income +€9,904
up €9,904 (+226.1%), from €4,380 to €14,285
- Taxes +€7,095
up €7,095 (+329.4%), from €2,154 to €9,249
- Financial charges +€6,156
up €6,156 (+42.0%), from €14,658 to €20,815
- Gross operating margin +€4,517
up €4,517 (+8.3%), from €54,171 to €58,688
- Depreciation +€4,291
up €4,291 (+40.9%), from €10,492 to €14,783
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
A cash bridge needs two consecutive financial 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €240,364 | €291,390 | +€51,027 | +21.2% |
| Fixed assets | 21/28 | €91,439 | €76,656 | -€14,783 | -16.2% |
| Tangible fixed assets | 22/27 | €91,439 | €76,656 | -€14,783 | -16.2% |
| Land and buildings | 22 | €90,710 | €76,442 | -€14,267 | -15.7% |
| Plant, machinery and equipment | 23 | €729 | €213 | -€516 | -70.7% |
| Current assets | 29/58 | €148,925 | €214,735 | +€65,810 | +44.2% |
| Amounts receivable after more than one year | 29 | €65,000 | €65,000 | = | 0.0% |
| Other amounts receivable | 291 | €65,000 | €65,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €38,803 | €40,079 | +€1,276 | +3.3% |
| Stocks | 30/36 | €38,803 | €40,079 | +€1,276 | +3.3% |
| Amounts receivable within one year | 40/41 | €44,721 | €109,204 | +€64,483 | +144.2% |
| Trade receivables | 40 | €6,385 | €5,110 | -€1,276 | -20.0% |
| Other amounts receivable | 41 | €38,336 | €104,095 | +€65,759 | +171.5% |
| Cash at bank and in hand | 54/58 | €401 | €452 | +€50 | +12.5% |
| Total equity and liabilities | 10/49 | €240,364 | €291,390 | +€51,027 | +21.2% |
| Equity | 10/15 | -€38,458 | -€15,018 | +€23,441 | +61.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €0 | -€2,000 | -100.0% |
| Reserves not available under the articles | 1311 | €2,000 | €0 | -€2,000 | -100.0% |
| Distributable reserves | 133 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | -€60,458 | -€37,018 | +€23,441 | +38.8% |
| Amounts payable | 17/49 | €278,822 | €306,408 | +€27,586 | +9.9% |
| Amounts payable after more than one year | 17 | €164,098 | €146,525 | -€17,573 | -10.7% |
| Financial debts | 170/4 | €164,098 | €146,525 | -€17,573 | -10.7% |
| Amounts payable within one year | 42/48 | €114,725 | €159,884 | +€45,159 | +39.4% |
| Current portion of amounts payable after more than one year | 42 | €79,074 | €78,139 | -€935 | -1.2% |
| Financial debts | 43 | €1,524 | €0 | -€1,524 | -100.0% |
| Credit institutions | 430/8 | €1,524 | €0 | -€1,524 | -100.0% |
| Trade debts | 44 | €4,785 | €26,726 | +€21,940 | +458.5% |
| Suppliers | 440/4 | €4,785 | €26,726 | +€21,940 | +458.5% |
| Taxes, remuneration and social security | 45 | €14,342 | €32,523 | +€18,181 | +126.8% |
| Taxes | 450/3 | €14,342 | €32,523 | +€18,181 | +126.8% |
| Other amounts payable | 47/48 | €15,000 | €22,496 | +€7,496 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,492 | €14,783 | +€4,291 | +40.9% |
| Other operating charges | 640/8 | €3,045 | €4,686 | +€1,641 | +53.9% |
| Gross operating margin | 9900 | €54,171 | €58,688 | +€4,517 | +8.3% |
| Operating profit (loss) | 9901 | €40,635 | €39,219 | -€1,416 | -3.5% |
| Financial income | 75/76B | €4,380 | €14,285 | +€9,904 | +226.1% |
| Recurring financial income | 75 | €4,380 | €14,285 | +€9,904 | +226.1% |
| Financial charges | 65/66B | €14,658 | €20,815 | +€6,156 | +42.0% |
| Recurring financial charges | 65 | €14,658 | €20,815 | +€6,156 | +42.0% |
| Profit (loss) for the period before taxes | 9903 | €30,357 | €32,690 | +€2,332 | +7.7% |
| Income taxes | 67/77 | €2,154 | €9,249 | +€7,095 | +329.4% |
| Profit (loss) for the period | 9904 | €28,204 | €23,441 | -€4,763 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,204 | €23,441 | -€4,763 | -16.9% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.