IQBAL TRADERS: 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.
IQBAL TRADERS
Largest movements
- Receivables within one year +€33,019
up €33,019 (+195.9%), from €16,857 to €49,876
- Stocks and contracts +€26,328
up €26,328 (+29.1%), from €90,509 to €116,837
- Cash +€6,460
up €6,460 (+25.0%), from €25,848 to €32,308
mainly Tax, wage and social debts (+€58,205) and Net result for the year (+€7,801)
- Tax, wage and social debts +€58,205
up €58,205 (+313.8%), from €18,547 to €76,752
of which Remuneration and social security: +€61,669
- Profit (loss) carried forward +€7,801
up €7,801 (+39.2%), from €19,912 to €27,713
- Other debts -€3,158
down €3,158 (-21.3%), from €14,840 to €11,682
- Trade debts +€2,959
up €2,959 (+3.8%), from €78,132 to €81,091
- Purchases and services -€228,963
down €228,963 (-22.7%), from €1.0m to €779,091
- Turnover -€204,748
down €204,748 (-17.6%), from €1.2m to €961,395
- Staff costs +€102,224
up €102,224 (+150.1%), from €68,113 to €170,337
- Gross operating margin +€26,041
up €26,041 (+16.5%), from €158,089 to €184,130
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €137,971 | €203,778 | +€65,807 | +47.7% |
| Fixed assets | 21/28 | €4,757 | €4,757 | = | 0.0% |
| Tangible fixed assets | 22/27 | €4,757 | €4,757 | = | 0.0% |
| Furniture and vehicles | 24 | €4,757 | €4,757 | = | 0.0% |
| Current assets | 29/58 | €133,214 | €199,021 | +€65,807 | +49.4% |
| Stocks and contracts in progress | 3 | €90,509 | €116,837 | +€26,328 | +29.1% |
| Stocks | 30/36 | €90,509 | €116,837 | +€26,328 | +29.1% |
| Amounts receivable within one year | 40/41 | €16,857 | €49,876 | +€33,019 | +195.9% |
| Trade receivables | 40 | €16,857 | €49,876 | +€33,019 | +195.9% |
| Cash at bank and in hand | 54/58 | €25,848 | €32,308 | +€6,460 | +25.0% |
| Total equity and liabilities | 10/49 | €137,971 | €203,778 | +€65,807 | +47.7% |
| Equity | 10/15 | €26,452 | €34,253 | +€7,801 | +29.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €340 | €340 | = | 0.0% |
| Non-distributable reserves | 130/1 | €340 | €340 | = | 0.0% |
| Reserves not available under the articles | 1311 | €340 | €340 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,912 | €27,713 | +€7,801 | +39.2% |
| Amounts payable | 17/49 | €111,519 | €169,525 | +€58,006 | +52.0% |
| Amounts payable within one year | 42/48 | €111,519 | €169,525 | +€58,006 | +52.0% |
| Trade debts | 44 | €78,132 | €81,091 | +€2,959 | +3.8% |
| Suppliers | 440/4 | €78,132 | €81,091 | +€2,959 | +3.8% |
| Taxes, remuneration and social security | 45 | €18,547 | €76,752 | +€58,205 | +313.8% |
| Taxes | 450/3 | €12,548 | €9,084 | -€3,464 | -27.6% |
| Remuneration and social security | 454/9 | €5,999 | €67,668 | +€61,669 | +1028.0% |
| Other amounts payable | 47/48 | €14,840 | €11,682 | -€3,158 | -21.3% |
| Turnover | 70 | €1,166,143 | €961,395 | -€204,748 | -17.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,008,054 | €779,091 | -€228,963 | -22.7% |
| Remuneration, social security and pensions | 62 | €68,113 | €170,337 | +€102,224 | +150.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,154 | - | -€8,154 | |
| Other operating charges | 640/8 | €8,010 | €3,926 | -€4,084 | -51.0% |
| Gross operating margin | 9900 | €158,089 | €184,130 | +€26,041 | +16.5% |
| Operating profit (loss) | 9901 | €73,812 | €9,867 | -€63,945 | -86.6% |
| Financial charges | 65/66B | €1,272 | €116 | -€1,156 | -90.9% |
| Recurring financial charges | 65 | €1,272 | €116 | -€1,156 | -90.9% |
| Profit (loss) for the period before taxes | 9903 | €72,540 | €9,751 | -€62,789 | -86.6% |
| Income taxes | 67/77 | - | €1,950 | +€1,950 | |
| Profit (loss) for the period | 9904 | €72,540 | €7,801 | -€64,739 | -89.2% |
| Profit (loss) for the period to be appropriated | 9905 | €72,540 | €7,801 | -€64,739 | -89.2% |
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 11 October 2026 via checked.be.