IO Resolution: 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.
IO Resolution
Largest movements
- Cash +€57,731
up €57,731 (+47.2%), from €122,317 to €180,048
mainly Net result for the year (+€64,738) and Depreciation (+€6,668)
- Receivables within one year +€13,237
up €13,237 (+443.1%), from €2,987 to €16,224
of which Trade receivables: +€13,413
- Tangible fixed assets -€6,668
down €6,668 (-89.5%), from €7,450 to €782
- Profit (loss) carried forward +€64,738
up €64,738 (+35.4%), from €183,126 to €247,864
- Gross operating margin -€20,683
down €20,683 (-19.2%), from €107,543 to €86,860
- Taxes -€4,143
down €4,143 (-19.4%), from €21,319 to €17,176
- Financial income +€1,956
up €1,956 (+183.0%), from €1,069 to €3,025
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 | €188,757 | €252,137 | +€63,379 | +33.6% |
| Fixed assets | 21/28 | €7,450 | €782 | -€6,668 | -89.5% |
| Tangible fixed assets | 22/27 | €7,450 | €782 | -€6,668 | -89.5% |
| Furniture and vehicles | 24 | €7,450 | €782 | -€6,668 | -89.5% |
| Current assets | 29/58 | €181,308 | €251,355 | +€70,047 | +38.6% |
| Amounts receivable within one year | 40/41 | €2,987 | €16,224 | +€13,237 | +443.1% |
| Trade receivables | 40 | €2,400 | €15,813 | +€13,413 | +558.9% |
| Other amounts receivable | 41 | €587 | €411 | -€176 | -30.0% |
| Current investments | 50/53 | €55,021 | €55,021 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €122,317 | €180,048 | +€57,731 | +47.2% |
| Deferred charges and accrued income | 490/1 | €982 | €62 | -€921 | -93.7% |
| Total equity and liabilities | 10/49 | €188,757 | €252,137 | +€63,379 | +33.6% |
| Equity | 10/15 | €187,126 | €251,864 | +€64,738 | +34.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €183,126 | €247,864 | +€64,738 | +35.4% |
| Amounts payable | 17/49 | €1,631 | €273 | -€1,358 | -83.3% |
| Amounts payable within one year | 42/48 | €1,631 | €273 | -€1,358 | -83.3% |
| Trade debts | 44 | €76 | €96 | +€21 | +27.0% |
| Suppliers | 440/4 | €76 | €96 | +€21 | +27.0% |
| Taxes, remuneration and social security | 45 | €1,555 | €0 | -€1,555 | -100.0% |
| Taxes | 450/3 | €1,555 | €0 | -€1,555 | -100.0% |
| Other amounts payable | 47/48 | €0 | €177 | +€177 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,668 | €6,668 | = | 0.0% |
| Other operating charges | 640/8 | - | €664 | +€664 | |
| Non-recurring operating charges | 66A | - | €127 | +€127 | |
| Gross operating margin | 9900 | €107,543 | €86,860 | -€20,683 | -19.2% |
| Operating profit (loss) | 9901 | €100,875 | €79,401 | -€21,474 | -21.3% |
| Financial income | 75/76B | €1,069 | €3,025 | +€1,956 | +183.0% |
| Recurring financial income | 75 | €1,069 | €3,025 | +€1,956 | +183.0% |
| Financial charges | 65/66B | €545 | €513 | -€32 | -5.8% |
| Recurring financial charges | 65 | €545 | €513 | -€32 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €101,400 | €81,914 | -€19,486 | -19.2% |
| Income taxes | 67/77 | €21,319 | €17,176 | -€4,143 | -19.4% |
| Profit (loss) for the period | 9904 | €80,081 | €64,738 | -€15,343 | -19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €80,081 | €64,738 | -€15,343 | -19.2% |
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 28 September 2026 via checked.be.