ipconfig: 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.
ipconfig
Largest movements
- Cash +€43,629
up €43,629 (+46.4%), from €94,128 to €137,757
mainly Net result for the year (+€52,178) and Depreciation (+€18,136)
- Tangible fixed assets -€15,547
down €15,547 (-26.2%), from €59,381 to €43,835
of which Furniture and vehicles: -€11,001
- Profit (loss) carried forward +€39,678
up €39,678 (+85.2%), from €46,589 to €86,267
- Debts after one year -€10,601
down €10,601 (-56.9%), from €18,620 to €8,019
- Tax, wage and social debts -€2,277
down €2,277 (-20.2%), from €11,260 to €8,983
of which Remuneration and social security: -€2,399
- Gross operating margin +€11,569
up €11,569 (+15.7%), from €73,495 to €85,064
- Depreciation +€4,314
up €4,314 (+31.2%), from €13,823 to €18,136
- Taxes +€1,638
up €1,638 (+13.3%), from €12,339 to €13,977
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 | €174,344 | €200,690 | +€26,346 | +15.1% |
| Fixed assets | 21/28 | €59,381 | €43,835 | -€15,547 | -26.2% |
| Tangible fixed assets | 22/27 | €59,381 | €43,835 | -€15,547 | -26.2% |
| Plant, machinery and equipment | 23 | €28,723 | €24,178 | -€4,545 | -15.8% |
| Furniture and vehicles | 24 | €30,658 | €19,657 | -€11,001 | -35.9% |
| Current assets | 29/58 | €114,963 | €156,856 | +€41,893 | +36.4% |
| Amounts receivable within one year | 40/41 | €19,107 | €17,299 | -€1,809 | -9.5% |
| Trade receivables | 40 | €14,152 | €12,614 | -€1,538 | -10.9% |
| Other amounts receivable | 41 | €4,955 | €4,685 | -€270 | -5.5% |
| Cash at bank and in hand | 54/58 | €94,128 | €137,757 | +€43,629 | +46.4% |
| Deferred charges and accrued income | 490/1 | €1,728 | €1,800 | +€72 | +4.2% |
| Total equity and liabilities | 10/49 | €174,344 | €200,690 | +€26,346 | +15.1% |
| Equity | 10/15 | €131,489 | €171,167 | +€39,678 | +30.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €82,900 | €82,900 | = | 0.0% |
| Distributable reserves | 133 | €82,900 | €82,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,589 | €86,267 | +€39,678 | +85.2% |
| Amounts payable | 17/49 | €42,855 | €29,523 | -€13,332 | -31.1% |
| Amounts payable after more than one year | 17 | €18,620 | €8,019 | -€10,601 | -56.9% |
| Financial debts | 170/4 | €18,620 | €8,019 | -€10,601 | -56.9% |
| Amounts payable within one year | 42/48 | €23,570 | €20,339 | -€3,231 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €10,499 | €10,601 | +€102 | +1.0% |
| Trade debts | 44 | €1,811 | €372 | -€1,439 | -79.5% |
| Suppliers | 440/4 | €1,811 | €372 | -€1,439 | -79.5% |
| Advances received on contracts in progress | 46 | - | €25 | +€25 | |
| Taxes, remuneration and social security | 45 | €11,260 | €8,983 | -€2,277 | -20.2% |
| Taxes | 450/3 | €8,861 | €8,983 | +€121 | +1.4% |
| Remuneration and social security | 454/9 | €2,399 | €0 | -€2,399 | -100.0% |
| Other amounts payable | 47/48 | €0 | €358 | +€358 | |
| Accrued charges and deferred income | 492/3 | €665 | €1,166 | +€501 | +75.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,823 | €18,136 | +€4,314 | +31.2% |
| Other operating charges | 640/8 | €449 | €464 | +€14 | +3.1% |
| Gross operating margin | 9900 | €73,495 | €85,064 | +€11,569 | +15.7% |
| Operating profit (loss) | 9901 | €59,222 | €66,464 | +€7,242 | +12.2% |
| Financial income | 75/76B | €9 | €0 | -€9 | -99.7% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -99.7% |
| Financial charges | 65/66B | €422 | €310 | -€113 | -26.7% |
| Recurring financial charges | 65 | €422 | €310 | -€113 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €58,809 | €66,155 | +€7,345 | +12.5% |
| Income taxes | 67/77 | €12,339 | €13,977 | +€1,638 | +13.3% |
| Profit (loss) for the period | 9904 | €46,471 | €52,178 | +€5,707 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,471 | €52,178 | +€5,707 | +12.3% |
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 3 October 2026 via checked.be.