IQ Design: 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.
IQ Design
Largest movements
- Cash +€23,916
up €23,916 (+67.5%), from €35,433 to €59,349
mainly Depreciation (+€22,120) and Receivables within one year (+€14,946)
- Tangible fixed assets -€22,120
down €22,120 (-18.8%), from €117,591 to €95,471
of which Furniture and vehicles: -€15,920
- Receivables within one year -€14,946
down €14,946 (-92.1%), from €16,230 to €1,284
of which Trade receivables: -€14,948
- Deferred charges and accrued income +€4,236
up €4,236 (+318%), from €1,333 to €5,570
- Other debts -€9,615
down €9,615 (-28.9%), from €33,300 to €23,685
- Profit (loss) carried forward +€8,809
up €8,809 (+15.1%), from €58,295 to €67,104
- Tax, wage and social debts -€5,587
down €5,587 (-26.9%), from €20,789 to €15,202
- Debts after one year -€4,501
down €4,501 (-10.8%), from €41,841 to €37,341
- Trade debts +€1,809
up €1,809 (+26.4%), from €6,860 to €8,669
- Gross operating margin +€37,061
up €37,061 (+682%), from €5,433 to €42,494
- Depreciation +€15,917
up €15,917 (+257%), from €6,203 to €22,120
- Taxes +€4,418
up €4,418 (+516%), from €856 to €5,274
- Financial charges +€1,874
up €1,874 (+72.6%), from €2,581 to €4,456
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 | €170,587 | €161,673 | -€8,914 | -5.2% |
| Fixed assets | 21/28 | €117,591 | €95,471 | -€22,120 | -18.8% |
| Tangible fixed assets | 22/27 | €117,591 | €95,471 | -€22,120 | -18.8% |
| Plant, machinery and equipment | 23 | €1,704 | €1,327 | -€377 | -22.1% |
| Furniture and vehicles | 24 | €62,463 | €46,543 | -€15,920 | -25.5% |
| Other tangible fixed assets | 26 | €53,424 | €47,601 | -€5,823 | -10.9% |
| Current assets | 29/58 | €52,996 | €66,203 | +€13,206 | +24.9% |
| Amounts receivable within one year | 40/41 | €16,230 | €1,284 | -€14,946 | -92.1% |
| Trade receivables | 40 | €16,230 | €1,282 | -€14,948 | -92.1% |
| Other amounts receivable | 41 | - | €2 | +€2 | |
| Cash at bank and in hand | 54/58 | €35,433 | €59,349 | +€23,916 | +67.5% |
| Deferred charges and accrued income | 490/1 | €1,333 | €5,570 | +€4,236 | +318% |
| Total equity and liabilities | 10/49 | €170,587 | €161,673 | -€8,914 | -5.2% |
| Equity | 10/15 | €63,295 | €72,104 | +€8,809 | +13.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,295 | €67,104 | +€8,809 | +15.1% |
| Amounts payable | 17/49 | €107,292 | €89,570 | -€17,723 | -16.5% |
| Amounts payable after more than one year | 17 | €41,841 | €37,341 | -€4,501 | -10.8% |
| Financial debts | 170/4 | €41,841 | €37,341 | -€4,501 | -10.8% |
| Amounts payable within one year | 42/48 | €65,280 | €52,057 | -€13,222 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €4,331 | €4,501 | +€169 | +3.9% |
| Trade debts | 44 | €6,860 | €8,669 | +€1,809 | +26.4% |
| Suppliers | 440/4 | €6,860 | €8,669 | +€1,809 | +26.4% |
| Taxes, remuneration and social security | 45 | €20,789 | €15,202 | -€5,587 | -26.9% |
| Taxes | 450/3 | €20,789 | €15,202 | -€5,587 | -26.9% |
| Other amounts payable | 47/48 | €33,300 | €23,685 | -€9,615 | -28.9% |
| Accrued charges and deferred income | 492/3 | €171 | €172 | +€0 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,203 | €22,120 | +€15,917 | +257% |
| Other operating charges | 640/8 | €1,724 | €1,836 | +€112 | +6.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €5,433 | €42,494 | +€37,061 | +682% |
| Operating profit (loss) | 9901 | -€2,494 | €18,538 | +€21,033 | |
| Financial income | 75/76B | €6 | €0 | -€6 | -100% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -100% |
| Financial charges | 65/66B | €2,581 | €4,456 | +€1,874 | +72.6% |
| Recurring financial charges | 65 | €2,581 | €4,456 | +€1,874 | +72.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,069 | €14,083 | +€19,152 | |
| Income taxes | 67/77 | €856 | €5,274 | +€4,418 | +516% |
| Profit (loss) for the period | 9904 | -€5,925 | €8,809 | +€14,734 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,925 | €8,809 | +€14,734 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.