IQONN: 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.
IQONN
Largest movements
- Current investments +€100,000
up €100,000 (+200%), from €50,000 to €150,000
- Cash -€37,533
down €37,533 (-54.3%), from €69,163 to €31,630
mainly Current investments (-€100,000) and Investment in fixed assets (net) (-€5,568)
- Tangible fixed assets +€4,187
up €4,187 (+208%), from €2,017 to €6,203
- Receivables within one year +€3,497
up €3,497 (+21.7%), from €16,093 to €19,590
of which Trade receivables: +€3,497
- Reserves +€65,324
up €65,324 (+64.2%), from €101,749 to €167,073
- Tax, wage and social debts +€5,934
up €5,934 (+20.0%), from €29,698 to €35,633
- Gross operating margin +€4,405
up €4,405 (+5.4%), from €81,023 to €85,428
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 | €139,422 | €209,987 | +€70,564 | +50.6% |
| Fixed assets | 21/28 | €2,017 | €6,203 | +€4,187 | +208% |
| Tangible fixed assets | 22/27 | €2,017 | €6,203 | +€4,187 | +208% |
| Furniture and vehicles | 24 | €2,017 | €6,203 | +€4,187 | +208% |
| Current assets | 29/58 | €137,406 | €203,784 | +€66,378 | +48.3% |
| Amounts receivable within one year | 40/41 | €16,093 | €19,590 | +€3,497 | +21.7% |
| Trade receivables | 40 | €16,093 | €19,590 | +€3,497 | +21.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €50,000 | €150,000 | +€100,000 | +200% |
| Cash at bank and in hand | 54/58 | €69,163 | €31,630 | -€37,533 | -54.3% |
| Deferred charges and accrued income | 490/1 | €2,150 | €2,564 | +€414 | +19.3% |
| Total equity and liabilities | 10/49 | €139,422 | €209,987 | +€70,564 | +50.6% |
| Equity | 10/15 | €104,749 | €170,073 | +€65,324 | +62.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €101,749 | €167,073 | +€65,324 | +64.2% |
| Distributable reserves | 133 | €101,749 | €167,073 | +€65,324 | +64.2% |
| Amounts payable | 17/49 | €34,673 | €39,913 | +€5,240 | +15.1% |
| Amounts payable within one year | 42/48 | €34,548 | €39,805 | +€5,257 | +15.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,288 | €2,670 | -€618 | -18.8% |
| Suppliers | 440/4 | €3,288 | €2,670 | -€618 | -18.8% |
| Taxes, remuneration and social security | 45 | €29,698 | €35,633 | +€5,934 | +20.0% |
| Taxes | 450/3 | €29,698 | €35,633 | +€5,934 | +20.0% |
| Other amounts payable | 47/48 | €1,562 | €1,502 | -€60 | -3.9% |
| Accrued charges and deferred income | 492/3 | €125 | €109 | -€16 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,376 | €1,381 | +€6 | +0.4% |
| Other operating charges | 640/8 | €0 | €144 | +€144 | |
| Non-recurring operating charges | 66A | - | €507 | +€507 | |
| Gross operating margin | 9900 | €81,023 | €85,428 | +€4,405 | +5.4% |
| Operating profit (loss) | 9901 | €79,648 | €83,396 | +€3,748 | +4.7% |
| Financial income | 75/76B | €856 | €1,639 | +€783 | +91.5% |
| Recurring financial income | 75 | €856 | €1,639 | +€783 | +91.5% |
| Financial charges | 65/66B | €2,538 | €2,466 | -€72 | -2.8% |
| Recurring financial charges | 65 | €2,538 | €2,466 | -€72 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €77,965 | €82,569 | +€4,603 | +5.9% |
| Income taxes | 67/77 | €16,514 | €17,245 | +€731 | +4.4% |
| Profit (loss) for the period | 9904 | €61,452 | €65,324 | +€3,872 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €61,452 | €65,324 | +€3,872 | +6.3% |
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 23 October 2026 via checked.be.