Ipsumm: 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.
Ipsumm
Largest movements
- Current investments +€53,833
up €53,833 (+44.9%), from €120,000 to €173,833
- Cash -€42,024
down €42,024 (-75.7%), from €55,479 to €13,455
mainly Current investments (-€53,833) and Investment in fixed assets (net) (-€51,509)
- Tangible fixed assets +€24,213
up €24,213 (+27.4%), from €88,460 to €112,673
of which Furniture and vehicles: +€27,705
- Receivables within one year +€6,684
up €6,684 (+4.6%), from €145,588 to €152,272
of which Other amounts receivable: +€20,989
- Trade debts +€48,189
up €48,189 (+2,604%), from €1,850 to €50,040
- Reserves +€47,686
up €47,686 (+2,564%), from €1,860 to €49,546
- Profit (loss) carried forward -€29,412
down €29,412 (-9.4%), from €312,274 to €282,862
- Debts after one year -€25,575
down €25,575 (-59.9%), from €42,714 to €17,139
- Current portion of long-term debt +€17,866
up €17,866 (+72.5%), from €24,631 to €42,498
- Gross operating margin -€88,142
down €88,142 (-46.9%), from €187,837 to €99,695
- Taxes -€14,295
down €14,295 (-41.0%), from €34,833 to €20,538
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 | €415,246 | €460,705 | +€45,459 | +10.9% |
| Fixed assets | 21/28 | €88,460 | €112,673 | +€24,213 | +27.4% |
| Tangible fixed assets | 22/27 | €88,460 | €112,673 | +€24,213 | +27.4% |
| Land and buildings | 22 | €32,582 | €26,903 | -€5,679 | -17.4% |
| Plant, machinery and equipment | 23 | - | €2,187 | +€2,187 | |
| Furniture and vehicles | 24 | €55,878 | €83,583 | +€27,705 | +49.6% |
| Current assets | 29/58 | €326,786 | €348,032 | +€21,246 | +6.5% |
| Amounts receivable within one year | 40/41 | €145,588 | €152,272 | +€6,684 | +4.6% |
| Trade receivables | 40 | €38,492 | €24,187 | -€14,305 | -37.2% |
| Other amounts receivable | 41 | €107,096 | €128,085 | +€20,989 | +19.6% |
| Current investments | 50/53 | €120,000 | €173,833 | +€53,833 | +44.9% |
| Cash at bank and in hand | 54/58 | €55,479 | €13,455 | -€42,024 | -75.7% |
| Deferred charges and accrued income | 490/1 | €5,720 | €8,472 | +€2,753 | +48.1% |
| Total equity and liabilities | 10/49 | €415,246 | €460,705 | +€45,459 | +10.9% |
| Equity | 10/15 | €326,534 | €344,808 | +€18,274 | +5.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €49,546 | +€47,686 | +2,564% |
| Distributable reserves | 133 | €1,860 | €49,546 | +€47,686 | +2,564% |
| Profit (loss) carried forward | 14 | €312,274 | €282,862 | -€29,412 | -9.4% |
| Amounts payable | 17/49 | €88,712 | €115,897 | +€27,185 | +30.6% |
| Amounts payable after more than one year | 17 | €42,714 | €17,139 | -€25,575 | -59.9% |
| Financial debts | 170/4 | €42,714 | €17,139 | -€25,575 | -59.9% |
| Amounts payable within one year | 42/48 | €40,930 | €98,755 | +€57,826 | +141% |
| Current portion of amounts payable after more than one year | 42 | €24,631 | €42,498 | +€17,866 | +72.5% |
| Trade debts | 44 | €1,850 | €50,040 | +€48,189 | +2,604% |
| Suppliers | 440/4 | €1,850 | €50,040 | +€48,189 | +2,604% |
| Taxes, remuneration and social security | 45 | €14,448 | €6,218 | -€8,230 | -57.0% |
| Taxes | 450/3 | €14,448 | €6,218 | -€8,230 | -57.0% |
| Accrued charges and deferred income | 492/3 | €5,069 | €3 | -€5,066 | -100.0% |
| Non-recurring operating income | 76A | €19,005 | - | -€19,005 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,684 | €27,296 | +€612 | +2.3% |
| Other operating charges | 640/8 | €74 | €160 | +€86 | +116% |
| Gross operating margin | 9900 | €187,837 | €99,695 | -€88,142 | -46.9% |
| Operating profit (loss) | 9901 | €161,079 | €72,239 | -€88,840 | -55.2% |
| Financial income | 75/76B | €247 | €140 | -€107 | -43.5% |
| Recurring financial income | 75 | €247 | €140 | -€107 | -43.5% |
| Financial charges | 65/66B | €3,452 | €4,154 | +€703 | +20.4% |
| Recurring financial charges | 65 | €3,452 | €4,154 | +€703 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | €157,874 | €68,224 | -€89,650 | -56.8% |
| Income taxes | 67/77 | €34,833 | €20,538 | -€14,295 | -41.0% |
| Profit (loss) for the period | 9904 | €123,041 | €47,686 | -€75,355 | -61.2% |
| Profit (loss) for the period to be appropriated | 9905 | €123,041 | €47,686 | -€75,355 | -61.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.