IQM Solutions: what changed
Two fiscal 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.
IQM Solutions
Largest movements
- Tangible fixed assets -€12,951
down €12,951 (-10.6%), from €121,950 to €108,999
of which Land and buildings: -€11,222
- Formation expenses +€8,638
new in 2025: €8,638
- Receivables within one year -€6,194
down €6,194 (-37.4%), from €16,580 to €10,386
of which Other amounts receivable: -€4,200
- Financial fixed assets -€2,550
down €2,550 (-100.0%), from €2,550 to €0
- Debts after one year -€9,675
down €9,675 (-8.8%), from €110,525 to €100,850
- Tax, wage and social debts -€4,035
down €4,035 (-83.6%), from €4,825 to €790
- Profit (loss) carried forward -€3,634
new in 2025: -€3,634
- Trade debts +€2,730
up €2,730 (+255.5%), from €1,068 to €3,799
- Gross operating margin -€22,311
down €22,311 (-56.0%), from €39,870 to €17,559
- Taxes -€3,380
down €3,380, from €3,239 to -€141
- Financial charges -€591
down €591 (-10.4%), from €5,693 to €5,102
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 | €182,043 | €168,758 | -€13,285 | -7.3% |
| Formation expenses | 20 | - | €8,638 | +€8,638 | |
| Fixed assets | 21/28 | €124,500 | €108,999 | -€15,501 | -12.5% |
| Tangible fixed assets | 22/27 | €121,950 | €108,999 | -€12,951 | -10.6% |
| Land and buildings | 22 | €115,891 | €104,668 | -€11,222 | -9.7% |
| Plant, machinery and equipment | 23 | €120 | €0 | -€120 | -100.0% |
| Furniture and vehicles | 24 | €4,532 | €1,728 | -€2,804 | -61.9% |
| Other tangible fixed assets | 26 | €1,408 | €2,603 | +€1,196 | +84.9% |
| Financial fixed assets | 28 | €2,550 | €0 | -€2,550 | -100.0% |
| Current assets | 29/58 | €57,543 | €51,121 | -€6,422 | -11.2% |
| Amounts receivable within one year | 40/41 | €16,580 | €10,386 | -€6,194 | -37.4% |
| Trade receivables | 40 | €12,380 | €10,386 | -€1,994 | -16.1% |
| Other amounts receivable | 41 | €4,200 | €0 | -€4,200 | -100.0% |
| Cash at bank and in hand | 54/58 | €40,007 | €39,774 | -€234 | -0.6% |
| Deferred charges and accrued income | 490/1 | €956 | €962 | +€5 | +0.5% |
| Total equity and liabilities | 10/49 | €182,043 | €168,758 | -€13,285 | -7.3% |
| Equity | 10/15 | €49,873 | €46,239 | -€3,634 | -7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,273 | €31,273 | = | 0.0% |
| Distributable reserves | 133 | €31,273 | €31,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,634 | -€3,634 | |
| Amounts payable | 17/49 | €132,170 | €122,519 | -€9,651 | -7.3% |
| Amounts payable after more than one year | 17 | €110,525 | €100,850 | -€9,675 | -8.8% |
| Financial debts | 170/4 | €110,525 | €100,850 | -€9,675 | -8.8% |
| Amounts payable within one year | 42/48 | €20,795 | €20,450 | -€345 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €9,541 | €9,675 | +€134 | +1.4% |
| Trade debts | 44 | €1,068 | €3,799 | +€2,730 | +255.5% |
| Suppliers | 440/4 | €1,068 | €3,799 | +€2,730 | +255.5% |
| Taxes, remuneration and social security | 45 | €4,825 | €790 | -€4,035 | -83.6% |
| Taxes | 450/3 | €4,825 | €790 | -€4,035 | -83.6% |
| Other amounts payable | 47/48 | €5,360 | €6,186 | +€826 | +15.4% |
| Accrued charges and deferred income | 492/3 | €851 | €1,219 | +€368 | +43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,383 | €14,365 | -€18 | -0.1% |
| Other operating charges | 640/8 | €2,169 | €1,870 | -€298 | -13.8% |
| Gross operating margin | 9900 | €39,870 | €17,559 | -€22,311 | -56.0% |
| Operating profit (loss) | 9901 | €23,318 | €1,324 | -€21,994 | -94.3% |
| Financial income | 75/76B | €0 | €3 | +€3 | +14800.0% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +14800.0% |
| Financial charges | 65/66B | €5,693 | €5,102 | -€591 | -10.4% |
| Recurring financial charges | 65 | €5,693 | €5,102 | -€591 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €17,625 | -€3,775 | -€21,400 | |
| Income taxes | 67/77 | €3,239 | -€141 | -€3,380 | |
| Profit (loss) for the period | 9904 | €14,386 | -€3,634 | -€18,020 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,386 | -€3,634 | -€18,020 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.