IOTwins: 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.
IOTwins
Largest movements
- Cash +€105,499
up €105,499 (+671%), from €15,711 to €121,210
mainly Current investments (+€88,275) and Net result for the year (+€52,215)
- Current investments -€88,275
down €88,275 (-43.9%), from €201,157 to €112,882
- Tangible fixed assets -€17,513
down €17,513 (-35.7%), from €49,054 to €31,541
of which Furniture and vehicles: -€14,404
- Receivables within one year +€3,595
up €3,595 (+13.1%), from €27,483 to €31,077
- Reserves +€52,215
up €52,215 (+29.6%), from €176,567 to €228,783
of which Distributable reserves: +€52,215
- Other debts -€44,410
down €44,410 (-54.8%), from €81,089 to €36,679
- Tax, wage and social debts -€4,574
down €4,574 (-26.8%), from €17,098 to €12,524
- Gross operating margin -€22,542
down €22,542 (-23.0%), from €97,971 to €75,429
- Financial income +€11,767
up €11,767 (+422%), from €2,790 to €14,557
- Taxes -€3,907
down €3,907 (-17.3%), from €22,560 to €18,653
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 | €293,405 | €296,710 | +€3,305 | +1.1% |
| Fixed assets | 21/28 | €49,054 | €31,541 | -€17,513 | -35.7% |
| Tangible fixed assets | 22/27 | €49,054 | €31,541 | -€17,513 | -35.7% |
| Plant, machinery and equipment | 23 | €4,650 | €3,194 | -€1,457 | -31.3% |
| Furniture and vehicles | 24 | €39,310 | €24,906 | -€14,404 | -36.6% |
| Other tangible fixed assets | 26 | €5,093 | €3,442 | -€1,652 | -32.4% |
| Current assets | 29/58 | €244,351 | €265,169 | +€20,818 | +8.5% |
| Amounts receivable within one year | 40/41 | €27,483 | €31,077 | +€3,595 | +13.1% |
| Trade receivables | 40 | €27,483 | €31,077 | +€3,595 | +13.1% |
| Current investments | 50/53 | €201,157 | €112,882 | -€88,275 | -43.9% |
| Cash at bank and in hand | 54/58 | €15,711 | €121,210 | +€105,499 | +671% |
| Total equity and liabilities | 10/49 | €293,405 | €296,710 | +€3,305 | +1.1% |
| Equity | 10/15 | €195,167 | €247,383 | +€52,215 | +26.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €176,567 | €228,783 | +€52,215 | +29.6% |
| Tax-exempt reserves | 132 | €4,760 | €4,760 | = | 0.0% |
| Distributable reserves | 133 | €171,807 | €224,022 | +€52,215 | +30.4% |
| Amounts payable | 17/49 | €98,237 | €49,327 | -€48,910 | -49.8% |
| Amounts payable within one year | 42/48 | €98,237 | €49,327 | -€48,910 | -49.8% |
| Trade debts | 44 | €50 | €124 | +€74 | +148% |
| Suppliers | 440/4 | €50 | €124 | +€74 | +148% |
| Taxes, remuneration and social security | 45 | €17,098 | €12,524 | -€4,574 | -26.8% |
| Taxes | 450/3 | €17,098 | €12,524 | -€4,574 | -26.8% |
| Other amounts payable | 47/48 | €81,089 | €36,679 | -€44,410 | -54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,353 | €18,276 | -€77 | -0.4% |
| Other operating charges | 640/8 | €762 | €777 | +€14 | +1.9% |
| Gross operating margin | 9900 | €97,971 | €75,429 | -€22,542 | -23.0% |
| Operating profit (loss) | 9901 | €78,856 | €56,377 | -€22,479 | -28.5% |
| Financial income | 75/76B | €2,790 | €14,557 | +€11,767 | +422% |
| Recurring financial income | 75 | €2,790 | €14,557 | +€11,767 | +422% |
| Financial charges | 65/66B | €83 | €66 | -€17 | -20.9% |
| Recurring financial charges | 65 | €83 | €66 | -€17 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €81,563 | €70,868 | -€10,695 | -13.1% |
| Income taxes | 67/77 | €22,560 | €18,653 | -€3,907 | -17.3% |
| Profit (loss) for the period | 9904 | €59,003 | €52,215 | -€6,788 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €59,003 | €52,215 | -€6,788 | -11.5% |
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 13 October 2026 via checked.be.