IQ PLUS: 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 PLUS
Largest movements
- Receivables within one year -€14,520
no longer reported in 2025 (was €14,520)
- Cash -€5,443
down €5,443 (-8.0%), from €67,836 to €62,393
mainly Debts after one year (-€25,000) and Tax, wage and social debts (-€14,907)
- Debts after one year -€25,000
down €25,000 (-7.4%), from €340,000 to €315,000
- Reserves +€18,182
up €18,182 (+16.3%), from €111,225 to €129,407
- Tax, wage and social debts -€14,907
down €14,907 (-61.6%), from €24,197 to €9,290
of which Taxes: -€12,907
- Gross operating margin -€3,080
down €3,080 (-10.0%), from €30,712 to €27,632
- Financial income +€618
up €618 (+119%), from €519 to €1,137
- Depreciation -€519
down €519 (-29.0%), from €1,788 to €1,269
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 | €487,281 | €467,875 | -€19,406 | -4.0% |
| Fixed assets | 21/28 | €401,777 | €402,371 | +€594 | +0.1% |
| Tangible fixed assets | 22/27 | €1,777 | €2,371 | +€594 | +33.4% |
| Furniture and vehicles | 24 | €1,777 | €2,371 | +€594 | +33.4% |
| Financial fixed assets | 28 | €400,000 | €400,000 | = | 0.0% |
| Current assets | 29/58 | €85,504 | €65,504 | -€20,000 | -23.4% |
| Amounts receivable within one year | 40/41 | €14,520 | - | -€14,520 | |
| Trade receivables | 40 | €14,520 | - | -€14,520 | |
| Cash at bank and in hand | 54/58 | €67,836 | €62,393 | -€5,443 | -8.0% |
| Deferred charges and accrued income | 490/1 | €3,148 | €3,111 | -€37 | -1.2% |
| Total equity and liabilities | 10/49 | €487,281 | €467,875 | -€19,406 | -4.0% |
| Equity | 10/15 | €117,425 | €135,607 | +€18,182 | +15.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €111,225 | €129,407 | +€18,182 | +16.3% |
| Distributable reserves | 133 | €111,225 | €129,407 | +€18,182 | +16.3% |
| Amounts payable | 17/49 | €369,856 | €332,268 | -€37,589 | -10.2% |
| Amounts payable after more than one year | 17 | €340,000 | €315,000 | -€25,000 | -7.4% |
| Financial debts | 170/4 | €340,000 | €315,000 | -€25,000 | -7.4% |
| Amounts payable within one year | 42/48 | €29,856 | €17,268 | -€12,589 | -42.2% |
| Trade debts | 44 | €3,228 | €4,057 | +€829 | +25.7% |
| Suppliers | 440/4 | €3,228 | €4,057 | +€829 | +25.7% |
| Taxes, remuneration and social security | 45 | €24,197 | €9,290 | -€14,907 | -61.6% |
| Taxes | 450/3 | €22,197 | €9,290 | -€12,907 | -58.1% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €2,432 | €3,921 | +€1,489 | +61.2% |
| Non-recurring operating income | 76A | €130 | - | -€130 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,788 | €1,269 | -€519 | -29.0% |
| Other operating charges | 640/8 | €826 | €592 | -€234 | -28.4% |
| Gross operating margin | 9900 | €30,712 | €27,632 | -€3,080 | -10.0% |
| Operating profit (loss) | 9901 | €28,097 | €25,772 | -€2,326 | -8.3% |
| Financial income | 75/76B | €519 | €1,137 | +€618 | +119% |
| Recurring financial income | 75 | €519 | €1,137 | +€618 | +119% |
| Financial charges | 65/66B | €662 | €475 | -€187 | -28.2% |
| Recurring financial charges | 65 | €662 | €475 | -€187 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €27,954 | €26,433 | -€1,521 | -5.4% |
| Income taxes | 67/77 | €8,288 | €8,250 | -€37 | -0.4% |
| Profit (loss) for the period | 9904 | €19,666 | €18,182 | -€1,484 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,666 | €18,182 | -€1,484 | -7.5% |
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 15 October 2026 via checked.be.