IQIT: 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.
IQIT
Largest movements
- Tangible fixed assets -€19,770
down €19,770 (-22.0%), from €89,765 to €69,995
of which Furniture and vehicles: -€25,601
- Deferred charges and accrued income +€9,179
up €9,179 (+4,853%), from €189 to €9,368
- Receivables within one year +€8,722
up €8,722 (+56.2%), from €15,509 to €24,231
of which Trade receivables: +€8,781
- Current investments +€5,890
up €5,890 (+7.1%), from €83,081 to €88,971
- Other debts -€22,346
down €22,346 (-53.5%), from €41,736 to €19,389
- Reserves +€22,088
up €22,088 (+11.4%), from €194,525 to €216,613
of which Distributable reserves: +€22,088
- Tax, wage and social debts +€4,494
up €4,494 (+28.4%), from €15,827 to €20,321
- Gross operating margin +€17,400
up €17,400 (+36.5%), from €47,706 to €65,106
- Taxes +€3,994
up €3,994 (+73.7%), from €5,416 to €9,411
- Depreciation +€3,161
up €3,161 (+12.0%), from €26,434 to €29,595
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 | €275,327 | €281,927 | +€6,600 | +2.4% |
| Fixed assets | 21/28 | €89,765 | €69,995 | -€19,770 | -22.0% |
| Tangible fixed assets | 22/27 | €89,765 | €69,995 | -€19,770 | -22.0% |
| Plant, machinery and equipment | 23 | €7,367 | €7,438 | +€70 | +1.0% |
| Furniture and vehicles | 24 | €75,650 | €50,049 | -€25,601 | -33.8% |
| Other tangible fixed assets | 26 | €6,748 | €12,509 | +€5,761 | +85.4% |
| Current assets | 29/58 | €185,562 | €211,931 | +€26,370 | +14.2% |
| Amounts receivable within one year | 40/41 | €15,509 | €24,231 | +€8,722 | +56.2% |
| Trade receivables | 40 | €10,803 | €19,584 | +€8,781 | +81.3% |
| Other amounts receivable | 41 | €4,706 | €4,647 | -€59 | -1.3% |
| Current investments | 50/53 | €83,081 | €88,971 | +€5,890 | +7.1% |
| Cash at bank and in hand | 54/58 | €86,783 | €89,361 | +€2,578 | +3.0% |
| Deferred charges and accrued income | 490/1 | €189 | €9,368 | +€9,179 | +4,853% |
| Total equity and liabilities | 10/49 | €275,327 | €281,927 | +€6,600 | +2.4% |
| Equity | 10/15 | €213,125 | €235,213 | +€22,088 | +10.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €194,525 | €216,613 | +€22,088 | +11.4% |
| Tax-exempt reserves | 132 | €3,891 | €3,891 | = | 0.0% |
| Distributable reserves | 133 | €190,634 | €212,722 | +€22,088 | +11.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €62,202 | €46,713 | -€15,489 | -24.9% |
| Amounts payable within one year | 42/48 | €58,930 | €41,380 | -€17,550 | -29.8% |
| Trade debts | 44 | €1,367 | €1,669 | +€302 | +22.1% |
| Suppliers | 440/4 | €1,367 | €1,669 | +€302 | +22.1% |
| Taxes, remuneration and social security | 45 | €15,827 | €20,321 | +€4,494 | +28.4% |
| Taxes | 450/3 | €15,827 | €20,321 | +€4,494 | +28.4% |
| Other amounts payable | 47/48 | €41,736 | €19,389 | -€22,346 | -53.5% |
| Accrued charges and deferred income | 492/3 | €3,272 | €5,333 | +€2,061 | +63.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,434 | €29,595 | +€3,161 | +12.0% |
| Other operating charges | 640/8 | €499 | €824 | +€325 | +65.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €47,706 | €65,106 | +€17,400 | +36.5% |
| Operating profit (loss) | 9901 | €20,774 | €34,688 | +€13,915 | +67.0% |
| Financial income | 75/76B | €229 | €158 | -€71 | -30.8% |
| Recurring financial income | 75 | €229 | €158 | -€71 | -30.8% |
| Financial charges | 65/66B | €3,666 | €3,348 | -€318 | -8.7% |
| Recurring financial charges | 65 | €3,666 | €3,348 | -€318 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €17,337 | €31,499 | +€14,162 | +81.7% |
| Income taxes | 67/77 | €5,416 | €9,411 | +€3,994 | +73.7% |
| Profit (loss) for the period | 9904 | €11,921 | €22,088 | +€10,168 | +85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,921 | €22,088 | +€10,168 | +85.3% |
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.