IPCOS Group: 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.
What changed
IPCOS Group
NACE 62.100, Computer programming
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€53,507
2024 · €29,326+€24,182
Equity
€7.8m
2024 · €7.7m+€53,507
Cash
€206,229
2024 · €73,560+€132,669
Balance sheet total
€8.1m
2024 · €8.1m-€64,937
Largest movements
Assets
- Receivables after one year -€699,817
no longer reported in 2025 (was €699,817)
- Receivables within one year +€523,272
up €523,272 (+146.1%), from €358,049 to €881,321
of which Other amounts receivable: +€416,313
- Cash +€132,669
up €132,669 (+180.4%), from €73,560 to €206,229
mainly Receivables after one year (+€699,817) and Trade debts (+€93,064)
Equity and liabilities
- Other debts -€223,679
no longer reported in 2025 (was €223,679)
- Trade debts +€93,064
up €93,064 (+136.7%), from €68,080 to €161,143
Income statement
- Turnover +€361,164
up €361,164 (+24.5%), from €1.5m to €1.8m
- Other operating income -€220,298
down €220,298 (-92.4%), from €238,426 to €18,128
- Services and other goods +€153,165
up €153,165 (+15.5%), from €986,204 to €1.1m
- Staff costs -€32,629
down €32,629 (-4.8%), from €681,025 to €648,395
- Financial charges -€24,304
down €24,304 (-71.9%), from €33,808 to €9,504
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.
Result 2024
€29,326
Turnover
+€361,164
Other operating income
-€220,298
Services and other goods
-€153,165
Staff costs
+€32,629
Depreciation
+€5,093
Other operating charges
+€374
Other operating items
+€2,876
Financial income
-€20,703
Financial charges
+€24,304
Taxes
-€8,093
Result 2025
€53,507
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.
From operations
+€132,268
Investment
+€401
Financing
€0
Cash 2024
€73,560
From operations (derived)
+€132,268
Net result for the year
+€53,507
Depreciation
+€11,880
Receivables after one year
+€699,817
Receivables within one year
-€523,272
Deferred charges and accrued income
+€8,780
Trade debts
+€93,064
Tax, wage and social debts
+€10,383
Other debts
-€223,679
Accrued charges and deferred income
+€1,789
Investment (derived)
+€401
Investment in fixed assets (net)
+€401
Cash 2025
€206,229
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,121,622 | €8,056,685 | -€64,937 | -0.8% |
| Fixed assets | 21/28 | €6,927,258 | €6,914,977 | -€12,281 | -0.2% |
| Tangible fixed assets | 22/27 | €20,907 | €8,627 | -€12,281 | -58.7% |
| Plant, machinery and equipment | 23 | €17,653 | €8,627 | -€9,026 | -51.1% |
| Furniture and vehicles | 24 | €3,255 | - | -€3,255 | |
| Financial fixed assets | 28 | €6,906,351 | €6,906,351 | = | 0.0% |
| Affiliated companies | 280/1 | €6,906,351 | €6,906,351 | = | 0.0% |
| Participating interests | 280 | €6,906,351 | €6,906,351 | = | 0.0% |
| Current assets | 29/58 | €1,194,364 | €1,141,708 | -€52,656 | -4.4% |
| Amounts receivable after more than one year | 29 | €699,817 | - | -€699,817 | |
| Other amounts receivable | 291 | €699,817 | - | -€699,817 | |
| Amounts receivable within one year | 40/41 | €358,049 | €881,321 | +€523,272 | +146.1% |
| Trade receivables | 40 | €339,399 | €446,357 | +€106,958 | +31.5% |
| Other amounts receivable | 41 | €18,651 | €434,964 | +€416,313 | +2232.2% |
| Cash at bank and in hand | 54/58 | €73,560 | €206,229 | +€132,669 | +180.4% |
| Deferred charges and accrued income | 490/1 | €62,938 | €54,158 | -€8,780 | -13.9% |
| Total equity and liabilities | 10/49 | €8,121,622 | €8,056,685 | -€64,937 | -0.8% |
| Equity | 10/15 | €7,711,451 | €7,764,958 | +€53,507 | +0.7% |
| Contributions | 10/11 | €5,900,000 | €5,900,000 | = | 0.0% |
| Capital | 10 | €5,900,000 | €5,900,000 | = | 0.0% |
| Issued capital | 100 | €5,900,000 | €5,900,000 | = | 0.0% |
| Reserves | 13 | €91,166 | €93,842 | +€2,675 | +2.9% |
| Non-distributable reserves | 130/1 | €91,166 | €93,842 | +€2,675 | +2.9% |
| Legal reserve | 130 | €91,166 | €93,842 | +€2,675 | +2.9% |
| Profit (loss) carried forward | 14 | €1,720,285 | €1,771,116 | +€50,832 | +3.0% |
| Amounts payable | 17/49 | €410,171 | €291,727 | -€118,444 | -28.9% |
| Amounts payable within one year | 42/48 | €397,126 | €276,893 | -€120,233 | -30.3% |
| Trade debts | 44 | €68,080 | €161,143 | +€93,064 | +136.7% |
| Suppliers | 440/4 | €68,080 | €161,143 | +€93,064 | +136.7% |
| Taxes, remuneration and social security | 45 | €105,367 | €115,750 | +€10,383 | +9.9% |
| Taxes | 450/3 | €19,651 | €5,310 | -€14,341 | -73.0% |
| Remuneration and social security | 454/9 | €85,716 | €110,440 | +€24,723 | +28.8% |
| Other amounts payable | 47/48 | €223,679 | - | -€223,679 | |
| Accrued charges and deferred income | 492/3 | €13,045 | €14,834 | +€1,789 | +13.7% |
| Operating income | 70/76A | €1,711,218 | €1,854,959 | +€143,741 | +8.4% |
| Turnover | 70 | €1,472,791 | €1,833,955 | +€361,164 | +24.5% |
| Other operating income | 74 | €238,426 | €18,128 | -€220,298 | -92.4% |
| Non-recurring operating income | 76A | - | €2,876 | +€2,876 | |
| Operating charges | 60/66A | €1,686,271 | €1,801,339 | +€115,068 | +6.8% |
| Services and other goods | 61 | €986,204 | €1,139,369 | +€153,165 | +15.5% |
| Remuneration, social security and pensions | 62 | €681,025 | €648,395 | -€32,629 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,973 | €11,880 | -€5,093 | -30.0% |
| Other operating charges | 640/8 | €2,069 | €1,695 | -€374 | -18.1% |
| Operating profit (loss) | 9901 | €24,947 | €53,620 | +€28,673 | +114.9% |
| Financial income | 75/76B | €52,497 | €31,795 | -€20,703 | -39.4% |
| Recurring financial income | 75 | €52,497 | €31,795 | -€20,703 | -39.4% |
| Other financial income | 752/9 | €52,497 | €31,795 | -€20,703 | -39.4% |
| Financial charges | 65/66B | €33,808 | €9,504 | -€24,304 | -71.9% |
| Recurring financial charges | 65 | €33,808 | €9,504 | -€24,304 | -71.9% |
| Debt charges | 650 | €32,723 | €8,336 | -€24,387 | -74.5% |
| Other financial charges | 652/9 | €1,085 | €1,168 | +€83 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €43,636 | €75,911 | +€32,274 | +74.0% |
| Income taxes | 67/77 | €14,311 | €22,403 | +€8,093 | +56.6% |
| Taxes | 670/3 | €14,734 | €22,403 | +€7,670 | +52.1% |
| Tax adjustments and reversals of tax provisions | 77 | €423 | - | -€423 | |
| Profit (loss) for the period | 9904 | €29,326 | €53,507 | +€24,182 | +82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,326 | €53,507 | +€24,182 | +82.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.