IO-TEC: 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-TEC
Largest movements
- Tangible fixed assets -€54,982
down €54,982 (-12.4%), from €443,061 to €388,079
- Receivables within one year -€22,960
down €22,960 (-11.9%), from €193,625 to €170,665
of which Trade receivables: -€24,615
- Stocks and contracts -€16,244
down €16,244 (-100.0%), from €16,244 to €0
- Cash -€12,907
down €12,907 (-18.5%), from €69,724 to €56,817
mainly Net result for the year (-€91,636) and Other debts (-€14,173)
- Profit (loss) carried forward -€91,636
down €91,636 (-11.9%), from -€772,414 to -€864,049
- Other debts -€14,173
down €14,173 (-33.4%), from €42,392 to €28,219
- Gross operating margin -€43,208
down €43,208 (-58.4%), from €74,023 to €30,815
- Depreciation -€24,844
down €24,844 (-31.1%), from €79,826 to €54,982
- Staff costs -€10,988
down €10,988 (-18.5%), from €59,394 to €48,406
- Other operating charges +€872
up €872 (+5.2%), from €16,908 to €17,779
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,049,744 | €942,594 | -€107,150 | -10.2% |
| Fixed assets | 21/28 | €443,061 | €388,079 | -€54,982 | -12.4% |
| Tangible fixed assets | 22/27 | €443,061 | €388,079 | -€54,982 | -12.4% |
| Land and buildings | 22 | €261,579 | €245,116 | -€16,462 | -6.3% |
| Plant, machinery and equipment | 23 | €165,523 | €141,208 | -€24,315 | -14.7% |
| Furniture and vehicles | 24 | €15,960 | €1,754 | -€14,205 | -89.0% |
| Current assets | 29/58 | €606,683 | €554,515 | -€52,168 | -8.6% |
| Amounts receivable after more than one year | 29 | €321,123 | €321,123 | = | 0.0% |
| Other amounts receivable | 291 | €321,123 | €321,123 | = | 0.0% |
| Stocks and contracts in progress | 3 | €16,244 | €0 | -€16,244 | -100.0% |
| Stocks | 30/36 | €16,244 | €0 | -€16,244 | -100.0% |
| Amounts receivable within one year | 40/41 | €193,625 | €170,665 | -€22,960 | -11.9% |
| Trade receivables | 40 | €193,625 | €169,010 | -€24,615 | -12.7% |
| Other amounts receivable | 41 | €0 | €1,655 | +€1,655 | |
| Cash at bank and in hand | 54/58 | €69,724 | €56,817 | -€12,907 | -18.5% |
| Deferred charges and accrued income | 490/1 | €5,967 | €5,910 | -€57 | -1.0% |
| Total equity and liabilities | 10/49 | €1,049,744 | €942,594 | -€107,150 | -10.2% |
| Equity | 10/15 | €981,986 | €890,351 | -€91,636 | -9.3% |
| Contributions | 10/11 | €1,750,000 | €1,750,000 | = | 0.0% |
| Reserves | 13 | €4,400 | €4,400 | = | 0.0% |
| Distributable reserves | 133 | €4,400 | €4,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€772,414 | -€864,049 | -€91,636 | -11.9% |
| Amounts payable | 17/49 | €67,758 | €52,243 | -€15,515 | -22.9% |
| Amounts payable within one year | 42/48 | €66,680 | €52,243 | -€14,436 | -21.7% |
| Trade debts | 44 | €6,624 | €12,232 | +€5,608 | +84.7% |
| Suppliers | 440/4 | €6,624 | €12,232 | +€5,608 | +84.7% |
| Taxes, remuneration and social security | 45 | €17,663 | €11,792 | -€5,871 | -33.2% |
| Taxes | 450/3 | €7,572 | €5,162 | -€2,410 | -31.8% |
| Remuneration and social security | 454/9 | €10,091 | €6,630 | -€3,461 | -34.3% |
| Other amounts payable | 47/48 | €42,392 | €28,219 | -€14,173 | -33.4% |
| Accrued charges and deferred income | 492/3 | €1,078 | €0 | -€1,078 | -100.0% |
| Remuneration, social security and pensions | 62 | €59,394 | €48,406 | -€10,988 | -18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,826 | €54,982 | -€24,844 | -31.1% |
| Other operating charges | 640/8 | €16,908 | €17,779 | +€872 | +5.2% |
| Gross operating margin | 9900 | €74,023 | €30,815 | -€43,208 | -58.4% |
| Operating profit (loss) | 9901 | -€82,104 | -€90,352 | -€8,248 | -10.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -33.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -33.3% |
| Financial charges | 65/66B | €141 | €157 | +€16 | +11.4% |
| Recurring financial charges | 65 | €141 | €157 | +€16 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | -€82,245 | -€90,509 | -€8,264 | -10.0% |
| Income taxes | 67/77 | €1,128 | €1,126 | -€2 | -0.2% |
| Profit (loss) for the period | 9904 | -€83,373 | -€91,636 | -€8,262 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€83,373 | -€91,636 | -€8,262 | -9.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.