IOKEM: 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.
IOKEM
Largest movements
- Receivables within one year -€20,549
down €20,549 (-18.3%), from €112,471 to €91,922
of which Trade receivables: -€18,370
- Tangible fixed assets -€10,076
down €10,076 (-10.4%), from €96,711 to €86,635
of which Leasing and similar rights: -€8,285
- Current portion of long-term debt -€14,871
no longer reported in 2025 (was €14,871)
- Reserves -€6,859
down €6,859 (-2.8%), from €248,388 to €241,529
- Trade debts -€5,321
down €5,321 (-32.9%), from €16,195 to €10,874
- Gross operating margin -€15,387
down €15,387 (-31.1%), from €49,529 to €34,142
- Depreciation +€4,483
up €4,483 (+13.8%), from €32,502 to €36,985
- Taxes -€3,429
no longer reported in 2025 (was €3,429)
- Other operating charges +€721
up €721 (+51.1%), from €1,410 to €2,131
- Financial charges -€611
down €611 (-61.1%), from €1,000 to €389
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 | €296,440 | €266,539 | -€29,901 | -10.1% |
| Fixed assets | 21/28 | €96,916 | €86,840 | -€10,076 | -10.4% |
| Tangible fixed assets | 22/27 | €96,711 | €86,635 | -€10,076 | -10.4% |
| Plant, machinery and equipment | 23 | €8,016 | €6,741 | -€1,275 | -15.9% |
| Furniture and vehicles | 24 | €53,961 | €56,841 | +€2,880 | +5.3% |
| Leasing and similar rights | 25 | €8,285 | - | -€8,285 | |
| Other tangible fixed assets | 26 | €26,449 | €23,053 | -€3,396 | -12.8% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €199,524 | €179,700 | -€19,824 | -9.9% |
| Stocks and contracts in progress | 3 | €6,000 | €5,800 | -€200 | -3.3% |
| Stocks | 30/36 | €6,000 | €5,800 | -€200 | -3.3% |
| Amounts receivable within one year | 40/41 | €112,471 | €91,922 | -€20,549 | -18.3% |
| Trade receivables | 40 | €34,454 | €16,084 | -€18,370 | -53.3% |
| Other amounts receivable | 41 | €78,017 | €75,838 | -€2,179 | -2.8% |
| Cash at bank and in hand | 54/58 | €73,089 | €72,987 | -€102 | -0.1% |
| Deferred charges and accrued income | 490/1 | €7,964 | €8,990 | +€1,026 | +12.9% |
| Total equity and liabilities | 10/49 | €296,440 | €266,539 | -€29,901 | -10.1% |
| Equity | 10/15 | €261,448 | €254,367 | -€7,081 | -2.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €248,388 | €241,529 | -€6,859 | -2.8% |
| Distributable reserves | 133 | €248,388 | €241,529 | -€6,859 | -2.8% |
| Profit (loss) carried forward | 14 | €660 | €439 | -€221 | -33.5% |
| Amounts payable | 17/49 | €34,992 | €12,172 | -€22,820 | -65.2% |
| Amounts payable within one year | 42/48 | €34,974 | €11,852 | -€23,122 | -66.1% |
| Current portion of amounts payable after more than one year | 42 | €14,871 | - | -€14,871 | |
| Trade debts | 44 | €16,195 | €10,874 | -€5,321 | -32.9% |
| Suppliers | 440/4 | €16,195 | €10,874 | -€5,321 | -32.9% |
| Taxes, remuneration and social security | 45 | €3,908 | €978 | -€2,930 | -75.0% |
| Taxes | 450/3 | €3,455 | €950 | -€2,505 | -72.5% |
| Remuneration and social security | 454/9 | €453 | €28 | -€425 | -93.9% |
| Accrued charges and deferred income | 492/3 | €18 | €320 | +€302 | +1,680% |
| Remuneration, social security and pensions | 62 | €1,891 | €1,763 | -€128 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,502 | €36,985 | +€4,483 | +13.8% |
| Other operating charges | 640/8 | €1,410 | €2,131 | +€721 | +51.1% |
| Gross operating margin | 9900 | €49,529 | €34,142 | -€15,387 | -31.1% |
| Operating profit (loss) | 9901 | €13,726 | -€6,737 | -€20,463 | |
| Financial income | 75/76B | €282 | €45 | -€237 | -84.1% |
| Recurring financial income | 75 | €282 | €45 | -€237 | -84.1% |
| Financial charges | 65/66B | €1,000 | €389 | -€611 | -61.1% |
| Recurring financial charges | 65 | €1,000 | €389 | -€611 | -61.1% |
| Profit (loss) for the period before taxes | 9903 | €13,008 | -€7,081 | -€20,089 | |
| Income taxes | 67/77 | €3,429 | - | -€3,429 | |
| Profit (loss) for the period | 9904 | €9,579 | -€7,081 | -€16,660 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,579 | -€7,081 | -€16,660 |
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 24 October 2026 via checked.be.