Iovis Space: 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.
Iovis Space
Largest movements
- Cash +€175,060
up €175,060 (+445.8%), from €39,272 to €214,332
mainly Other debts (+€122,955) and Receivables within one year (+€100,208)
- Receivables within one year -€100,208
down €100,208 (-73.2%), from €136,814 to €36,605
of which Trade receivables: -€100,867
- Tangible fixed assets -€9,146
down €9,146 (-79.3%), from €11,531 to €2,385
of which Furniture and vehicles: -€8,000
- Other debts +€122,955
up €122,955 (+362.9%), from €33,879 to €156,834
- Profit (loss) carried forward -€43,304
down €43,304 (-57.0%), from €75,999 to €32,695
- Trade debts -€24,701
down €24,701 (-47.3%), from €52,170 to €27,469
- Tax, wage and social debts +€10,714
up €10,714 (+46.2%), from €23,169 to €33,882
of which Taxes: +€16,373
- Depreciation +€1,040
up €1,040 (+12.8%), from €8,106 to €9,146
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 | €188,217 | €253,880 | +€65,664 | +34.9% |
| Fixed assets | 21/28 | €11,756 | €2,610 | -€9,146 | -77.8% |
| Tangible fixed assets | 22/27 | €11,531 | €2,385 | -€9,146 | -79.3% |
| Plant, machinery and equipment | 23 | €3,333 | €2,187 | -€1,146 | -34.4% |
| Furniture and vehicles | 24 | €8,198 | €198 | -€8,000 | -97.6% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €176,460 | €251,271 | +€74,810 | +42.4% |
| Amounts receivable within one year | 40/41 | €136,814 | €36,605 | -€100,208 | -73.2% |
| Trade receivables | 40 | €136,328 | €35,461 | -€100,867 | -74.0% |
| Other amounts receivable | 41 | €486 | €1,144 | +€658 | +135.6% |
| Cash at bank and in hand | 54/58 | €39,272 | €214,332 | +€175,060 | +445.8% |
| Deferred charges and accrued income | 490/1 | €374 | €333 | -€41 | -10.9% |
| Total equity and liabilities | 10/49 | €188,217 | €253,880 | +€65,664 | +34.9% |
| Equity | 10/15 | €78,999 | €35,695 | -€43,304 | -54.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,999 | €32,695 | -€43,304 | -57.0% |
| Amounts payable | 17/49 | €109,218 | €218,186 | +€108,968 | +99.8% |
| Amounts payable within one year | 42/48 | €109,218 | €218,186 | +€108,968 | +99.8% |
| Trade debts | 44 | €52,170 | €27,469 | -€24,701 | -47.3% |
| Suppliers | 440/4 | €52,170 | €27,469 | -€24,701 | -47.3% |
| Taxes, remuneration and social security | 45 | €23,169 | €33,882 | +€10,714 | +46.2% |
| Taxes | 450/3 | €17,509 | €33,882 | +€16,373 | +93.5% |
| Remuneration and social security | 454/9 | €5,659 | - | -€5,659 | |
| Other amounts payable | 47/48 | €33,879 | €156,834 | +€122,955 | +362.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,106 | €9,146 | +€1,040 | +12.8% |
| Other operating charges | 640/8 | €575 | €928 | +€353 | +61.4% |
| Gross operating margin | 9900 | €92,394 | €93,126 | +€732 | +0.8% |
| Operating profit (loss) | 9901 | €83,713 | €83,052 | -€661 | -0.8% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €308 | €162 | -€145 | -47.2% |
| Recurring financial charges | 65 | €308 | €162 | -€145 | -47.2% |
| Profit (loss) for the period before taxes | 9903 | €83,405 | €82,895 | -€510 | -0.6% |
| Income taxes | 67/77 | €17,509 | €17,200 | -€309 | -1.8% |
| Profit (loss) for the period | 9904 | €65,896 | €65,695 | -€201 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65,896 | €65,695 | -€201 | -0.3% |
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 30 September 2026 via checked.be.