Iphigénie: 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.
Iphigénie
Largest movements
- Cash +€45,649
up €45,649 (+29.5%), from €154,622 to €200,271
- Receivables within one year +€18,042
up €18,042 (+51.6%), from €34,992 to €53,034
of which Trade receivables: +€16,496
- Tangible fixed assets +€6,342
new in 2025: €6,342
- Reserves +€48,606
up €48,606 (+29.7%), from €163,863 to €212,469
- Trade debts +€10,969
up €10,969 (+1,967%), from €558 to €11,527
- Other debts +€10,610
new in 2025: €10,610
- Gross operating margin -€62,351
down €62,351 (-76.7%), from €81,243 to €18,892
- Turnover -€53,992
down €53,992 (-33.1%), from €163,137 to €109,145
- Taxes -€18,137
down €18,137 (-80.5%), from €22,537 to €4,400
- Purchases and services +€6,044
up €6,044 (+7.0%), from €85,859 to €91,903
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €198,149 | €267,834 | +€69,685 | +35.2% |
| Fixed assets | 21/28 | - | €6,342 | +€6,342 | |
| Tangible fixed assets | 22/27 | - | €6,342 | +€6,342 | |
| Plant, machinery and equipment | 23 | - | €6,342 | +€6,342 | |
| Current assets | 29/58 | €198,149 | €261,491 | +€63,342 | +32.0% |
| Amounts receivable within one year | 40/41 | €34,992 | €53,034 | +€18,042 | +51.6% |
| Trade receivables | 40 | €33,266 | €49,762 | +€16,496 | +49.6% |
| Other amounts receivable | 41 | €1,726 | €3,272 | +€1,546 | +89.6% |
| Cash at bank and in hand | 54/58 | €154,622 | €200,271 | +€45,649 | +29.5% |
| Deferred charges and accrued income | 490/1 | €8,535 | €8,186 | -€349 | -4.1% |
| Total equity and liabilities | 10/49 | €198,149 | €267,834 | +€69,685 | +35.2% |
| Equity | 10/15 | €168,863 | €217,469 | +€48,606 | +28.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €163,863 | €212,469 | +€48,606 | +29.7% |
| Distributable reserves | 133 | €163,863 | €212,469 | +€48,606 | +29.7% |
| Amounts payable | 17/49 | €29,286 | €50,365 | +€21,079 | +72.0% |
| Amounts payable within one year | 42/48 | €29,286 | €50,365 | +€21,079 | +72.0% |
| Trade debts | 44 | €558 | €11,527 | +€10,969 | +1,967% |
| Suppliers | 440/4 | €558 | €11,527 | +€10,969 | +1,967% |
| Taxes, remuneration and social security | 45 | €28,729 | €28,228 | -€500 | -1.7% |
| Taxes | 450/3 | €28,729 | €27,465 | -€1,263 | -4.4% |
| Remuneration and social security | 454/9 | - | €763 | +€763 | |
| Other amounts payable | 47/48 | - | €10,610 | +€10,610 | |
| Turnover | 70 | €163,137 | €109,145 | -€53,992 | -33.1% |
| Non-recurring operating income | 76A | €2,777 | - | -€2,777 | |
| Goods, raw materials, services and sundry goods | 60/61 | €85,859 | €91,903 | +€6,044 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,316 | +€1,316 | |
| Other operating charges | 640/8 | €264 | €394 | +€130 | +49.5% |
| Gross operating margin | 9900 | €81,243 | €18,892 | -€62,351 | -76.7% |
| Operating profit (loss) | 9901 | €80,979 | €17,181 | -€63,798 | -78.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €791 | €299 | -€491 | -62.1% |
| Recurring financial charges | 65 | €791 | €299 | -€491 | -62.1% |
| Profit (loss) for the period before taxes | 9903 | €80,189 | €16,882 | -€63,306 | -78.9% |
| Income taxes | 67/77 | €22,537 | €4,400 | -€18,137 | -80.5% |
| Profit (loss) for the period | 9904 | €57,652 | €12,482 | -€45,169 | -78.3% |
| Profit (loss) for the period to be appropriated | 9905 | €57,652 | €12,482 | -€45,169 | -78.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.