IO-Things: 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-Things
Largest movements
- Current investments +€100,164
new in 2025: €100,164
- Cash -€41,507
down €41,507 (-70.1%), from €59,220 to €17,713
mainly Contributions, distributions and other (-€140,000) and Current investments (-€100,164)
- Stocks and contracts +€38,047
up €38,047 (+105%), from €36,132 to €74,179
- Receivables within one year +€37,977
up €37,977 (+151%), from €25,180 to €63,157
- Tangible fixed assets -€9,100
down €9,100 (-7.7%), from €118,493 to €109,393
of which Furniture and vehicles: -€18,466
- Reserves +€54,603
up €54,603 (+25.2%), from €216,905 to €271,508
- Tax, wage and social debts +€36,277
up €36,277 (+330%), from €10,980 to €47,256
of which Taxes: +€36,277
- Trade debts +€31,611
up €31,611 (+2,655%), from €1,191 to €32,802
- Gross operating margin +€169,383
up €169,383 (+135%), from €125,803 to €295,185
- Taxes +€38,250
up €38,250 (+171%), from €22,324 to €60,574
- Depreciation +€8,342
up €8,342 (+36.6%), from €22,769 to €31,111
- Staff costs +€8,000
new in 2025: €8,000
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 | €240,499 | €366,136 | +€125,637 | +52.2% |
| Fixed assets | 21/28 | €118,493 | €109,393 | -€9,100 | -7.7% |
| Tangible fixed assets | 22/27 | €118,493 | €109,393 | -€9,100 | -7.7% |
| Plant, machinery and equipment | 23 | €5,824 | €15,190 | +€9,366 | +161% |
| Furniture and vehicles | 24 | €112,669 | €94,203 | -€18,466 | -16.4% |
| Current assets | 29/58 | €122,006 | €256,743 | +€134,737 | +110% |
| Stocks and contracts in progress | 3 | €36,132 | €74,179 | +€38,047 | +105% |
| Stocks | 30/36 | €36,132 | €74,179 | +€38,047 | +105% |
| Amounts receivable within one year | 40/41 | €25,180 | €63,157 | +€37,977 | +151% |
| Trade receivables | 40 | €25,180 | €63,157 | +€37,977 | +151% |
| Current investments | 50/53 | - | €100,164 | +€100,164 | |
| Cash at bank and in hand | 54/58 | €59,220 | €17,713 | -€41,507 | -70.1% |
| Deferred charges and accrued income | 490/1 | €1,474 | €1,529 | +€56 | +3.8% |
| Total equity and liabilities | 10/49 | €240,499 | €366,136 | +€125,637 | +52.2% |
| Equity | 10/15 | €226,905 | €281,508 | +€54,603 | +24.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €216,905 | €271,508 | +€54,603 | +25.2% |
| Distributable reserves | 133 | €216,905 | €271,508 | +€54,603 | +25.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,595 | €84,628 | +€71,033 | +523% |
| Amounts payable within one year | 42/48 | €13,595 | €84,628 | +€71,033 | +523% |
| Trade debts | 44 | €1,191 | €32,802 | +€31,611 | +2,655% |
| Suppliers | 440/4 | €1,191 | €32,802 | +€31,611 | +2,655% |
| Taxes, remuneration and social security | 45 | €10,980 | €47,256 | +€36,277 | +330% |
| Taxes | 450/3 | €10,980 | €47,256 | +€36,277 | +330% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,424 | €4,569 | +€3,145 | +221% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €240 | +€240 | |
| Remuneration, social security and pensions | 62 | - | €8,000 | +€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,769 | €31,111 | +€8,342 | +36.6% |
| Other operating charges | 640/8 | €519 | €527 | +€9 | +1.7% |
| Gross operating margin | 9900 | €125,803 | €295,185 | +€169,383 | +135% |
| Operating profit (loss) | 9901 | €102,515 | €255,547 | +€153,032 | +149% |
| Financial income | 75/76B | €258 | €285 | +€27 | +10.4% |
| Recurring financial income | 75 | €258 | €285 | +€27 | +10.4% |
| Financial charges | 65/66B | €555 | €654 | +€99 | +17.8% |
| Recurring financial charges | 65 | €555 | €654 | +€99 | +17.8% |
| Profit (loss) for the period before taxes | 9903 | €102,218 | €255,178 | +€152,960 | +150% |
| Income taxes | 67/77 | €22,324 | €60,574 | +€38,250 | +171% |
| Profit (loss) for the period | 9904 | €79,894 | €194,603 | +€114,710 | +144% |
| Profit (loss) for the period to be appropriated | 9905 | €79,894 | €194,603 | +€114,710 | +144% |
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.