IOGKI: 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.
IOGKI
Largest movements
- Tangible fixed assets +€24,795
up €24,795 (+2332.5%), from €1,063 to €25,858
of which Furniture and vehicles: +€24,944
- Cash +€22,258
up €22,258 (+22.4%), from €99,413 to €121,671
mainly Net result for the year (+€32,492) and Tax, wage and social debts (+€10,558)
- Receivables within one year -€4,837
down €4,837 (-47.5%), from €10,193 to €5,356
- Reserves +€27,000
up €27,000 (+148.5%), from €18,182 to €45,182
- Tax, wage and social debts +€10,558
up €10,558 (+200.6%), from €5,264 to €15,822
- Profit (loss) carried forward +€5,492
up €5,492 (+6.5%), from €84,894 to €90,386
- Gross operating margin +€22,205
up €22,205 (+71.7%), from €30,970 to €53,175
- Taxes +€5,517
up €5,517 (+53.5%), from €10,320 to €15,837
- Depreciation +€3,332
up €3,332 (+339.7%), from €981 to €4,313
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 | €110,669 | €153,226 | +€42,557 | +38.5% |
| Fixed assets | 21/28 | €1,063 | €25,858 | +€24,795 | +2332.5% |
| Tangible fixed assets | 22/27 | €1,063 | €25,858 | +€24,795 | +2332.5% |
| Land and buildings | 22 | €149 | - | -€149 | |
| Furniture and vehicles | 24 | €914 | €25,858 | +€24,944 | +2729.1% |
| Current assets | 29/58 | €109,606 | €127,368 | +€17,762 | +16.2% |
| Amounts receivable within one year | 40/41 | €10,193 | €5,356 | -€4,837 | -47.5% |
| Trade receivables | 40 | €10,193 | €5,356 | -€4,837 | -47.5% |
| Cash at bank and in hand | 54/58 | €99,413 | €121,671 | +€22,258 | +22.4% |
| Deferred charges and accrued income | 490/1 | - | €341 | +€341 | |
| Total equity and liabilities | 10/49 | €110,669 | €153,226 | +€42,557 | +38.5% |
| Equity | 10/15 | €104,076 | €136,568 | +€32,492 | +31.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €18,182 | €45,182 | +€27,000 | +148.5% |
| Distributable reserves | 133 | €18,182 | €45,182 | +€27,000 | +148.5% |
| Profit (loss) carried forward | 14 | €84,894 | €90,386 | +€5,492 | +6.5% |
| Amounts payable | 17/49 | €6,593 | €16,658 | +€10,065 | +152.7% |
| Amounts payable within one year | 42/48 | €6,593 | €16,658 | +€10,065 | +152.7% |
| Trade debts | 44 | €53 | €96 | +€43 | +81.1% |
| Suppliers | 440/4 | €53 | €96 | +€43 | +81.1% |
| Taxes, remuneration and social security | 45 | €5,264 | €15,822 | +€10,558 | +200.6% |
| Taxes | 450/3 | €5,264 | €15,822 | +€10,558 | +200.6% |
| Other amounts payable | 47/48 | €1,276 | €740 | -€536 | -42.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €981 | €4,313 | +€3,332 | +339.7% |
| Other operating charges | 640/8 | €639 | €448 | -€191 | -29.9% |
| Gross operating margin | 9900 | €30,970 | €53,175 | +€22,205 | +71.7% |
| Operating profit (loss) | 9901 | €29,350 | €48,414 | +€19,064 | +65.0% |
| Financial income | 75/76B | €11 | €7 | -€4 | -36.4% |
| Recurring financial income | 75 | €11 | €7 | -€4 | -36.4% |
| Financial charges | 65/66B | €51 | €92 | +€41 | +80.4% |
| Recurring financial charges | 65 | €51 | €92 | +€41 | +80.4% |
| Profit (loss) for the period before taxes | 9903 | €29,310 | €48,329 | +€19,019 | +64.9% |
| Income taxes | 67/77 | €10,320 | €15,837 | +€5,517 | +53.5% |
| Profit (loss) for the period | 9904 | €18,990 | €32,492 | +€13,502 | +71.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,990 | €32,492 | +€13,502 | +71.1% |
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 3 October 2026 via checked.be.