IOCHPA: 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.
IOCHPA
Largest movements
- Cash +€166,287
new in 2025: €166,287
mainly Net result for the year (+€345,698) and Investment in fixed assets (net) (+€148,350)
- Tangible fixed assets -€148,350
no longer reported in 2025 (was €148,350)
- Receivables within one year +€34,090
new in 2025: €34,090
- Profit (loss) carried forward +€277,518
no longer reported in 2025 (was -€277,518)
- Other debts -€182,470
down €182,470 (-99.7%), from €182,960 to €491
- Short-term financial debts -€68,320
down €68,320 (-100.0%), from €68,349 to €29
of which Other loans: -€58,292
- Reserves +€68,180
new in 2025: €68,180
- Debts after one year -€59,430
no longer reported in 2025 (was €59,430)
- Gross operating margin +€394,461
up €394,461, from -€8,755 to €385,706
- Taxes +€34,474
new in 2025: €34,474
- Depreciation -€11,650
no longer reported in 2025 (was €11,650)
- Financial charges -€3,859
down €3,859 (-68.3%), from €5,653 to €1,794
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 | €148,350 | €200,377 | +€52,027 | +35.1% |
| Fixed assets | 21/28 | €148,350 | - | -€148,350 | |
| Tangible fixed assets | 22/27 | €148,350 | - | -€148,350 | |
| Land and buildings | 22 | €148,350 | - | -€148,350 | |
| Current assets | 29/58 | - | €200,377 | +€200,377 | |
| Amounts receivable within one year | 40/41 | - | €34,090 | +€34,090 | |
| Other amounts receivable | 41 | - | €34,090 | +€34,090 | |
| Cash at bank and in hand | 54/58 | - | €166,287 | +€166,287 | |
| Total equity and liabilities | 10/49 | €148,350 | €200,377 | +€52,027 | +35.1% |
| Equity | 10/15 | -€182,518 | €163,180 | +€345,698 | |
| Contributions | 10/11 | €95,000 | €95,000 | = | 0.0% |
| Reserves | 13 | - | €68,180 | +€68,180 | |
| Distributable reserves | 133 | - | €68,180 | +€68,180 | |
| Profit (loss) carried forward | 14 | -€277,518 | - | +€277,518 | |
| Amounts payable | 17/49 | €330,868 | €37,197 | -€293,671 | -88.8% |
| Amounts payable after more than one year | 17 | €59,430 | - | -€59,430 | |
| Financial debts | 170/4 | €59,430 | - | -€59,430 | |
| Amounts payable within one year | 42/48 | €271,438 | €37,197 | -€234,241 | -86.3% |
| Current portion of amounts payable after more than one year | 42 | €10,050 | €2,204 | -€7,846 | -78.1% |
| Financial debts | 43 | €68,349 | €29 | -€68,320 | -100.0% |
| Credit institutions | 430/8 | €10,057 | €29 | -€10,028 | -99.7% |
| Other loans | 439 | €58,292 | - | -€58,292 | |
| Trade debts | 44 | €10,078 | - | -€10,078 | |
| Suppliers | 440/4 | €10,078 | - | -€10,078 | |
| Taxes, remuneration and social security | 45 | - | €34,474 | +€34,474 | |
| Taxes | 450/3 | - | €34,474 | +€34,474 | |
| Other amounts payable | 47/48 | €182,960 | €491 | -€182,470 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,650 | - | -€11,650 | |
| Other operating charges | 640/8 | €7,000 | €3,741 | -€3,260 | -46.6% |
| Gross operating margin | 9900 | -€8,755 | €385,706 | +€394,461 | |
| Operating profit (loss) | 9901 | -€27,406 | €381,965 | +€409,371 | |
| Financial charges | 65/66B | €5,653 | €1,794 | -€3,859 | -68.3% |
| Recurring financial charges | 65 | €5,653 | €1,794 | -€3,859 | -68.3% |
| Profit (loss) for the period before taxes | 9903 | -€33,059 | €380,171 | +€413,230 | |
| Income taxes | 67/77 | - | €34,474 | +€34,474 | |
| Profit (loss) for the period | 9904 | -€33,059 | €345,698 | +€378,756 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,059 | €345,698 | +€378,756 |
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 17 October 2026 via checked.be.