iQrypto: 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.
iQrypto
Largest movements
- Intangible fixed assets +€182,834
up €182,834 (+69.5%), from €263,181 to €446,015
- Cash -€131,052
down €131,052 (-47.4%), from €276,693 to €145,641
mainly Investment in fixed assets (net) (-€245,846) and Trade debts (-€7,529)
- Tax, wage and social debts +€26,416
up €26,416 (+159%), from €16,636 to €43,052
of which Remuneration and social security: +€26,416
- Investment grants +€12,077
up €12,077 (+5.5%), from €219,022 to €231,099
- Trade debts -€7,529
down €7,529 (-74.3%), from €10,135 to €2,606
- Profit (loss) carried forward +€7,185
up €7,185 (+57.8%), from €12,438 to €19,623
- Other debts +€6,467
up €6,467 (+143%), from €4,513 to €10,980
- Gross operating margin +€142,615
up €142,615 (+93.9%), from €151,921 to €294,536
- Staff costs +€97,692
up €97,692 (+85.3%), from €114,559 to €212,251
- Depreciation +€37,862
up €37,862 (+131%), from €28,921 to €66,783
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 | €568,745 | €613,360 | +€44,616 | +7.8% |
| Fixed assets | 21/28 | €274,309 | €453,371 | +€179,063 | +65.3% |
| Intangible fixed assets | 21 | €263,181 | €446,015 | +€182,834 | +69.5% |
| Tangible fixed assets | 22/27 | €11,077 | €7,306 | -€3,771 | -34.0% |
| Furniture and vehicles | 24 | €11,077 | €7,306 | -€3,771 | -34.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €294,436 | €159,989 | -€134,447 | -45.7% |
| Amounts receivable within one year | 40/41 | €17,743 | €14,349 | -€3,395 | -19.1% |
| Trade receivables | 40 | €11,288 | €9,693 | -€1,595 | -14.1% |
| Other amounts receivable | 41 | €6,455 | €4,656 | -€1,799 | -27.9% |
| Cash at bank and in hand | 54/58 | €276,693 | €145,641 | -€131,052 | -47.4% |
| Total equity and liabilities | 10/49 | €568,745 | €613,360 | +€44,616 | +7.8% |
| Equity | 10/15 | €241,460 | €260,723 | +€19,262 | +8.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,438 | €19,623 | +€7,185 | +57.8% |
| Investment grants | 15 | €219,022 | €231,099 | +€12,077 | +5.5% |
| Amounts payable | 17/49 | €327,284 | €352,638 | +€25,354 | +7.7% |
| Amounts payable after more than one year | 17 | €296,000 | €296,000 | = | 0.0% |
| Financial debts | 170/4 | €296,000 | €296,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €31,284 | €56,638 | +€25,354 | +81.0% |
| Trade debts | 44 | €10,135 | €2,606 | -€7,529 | -74.3% |
| Suppliers | 440/4 | €10,135 | €2,606 | -€7,529 | -74.3% |
| Taxes, remuneration and social security | 45 | €16,636 | €43,052 | +€26,416 | +159% |
| Taxes | 450/3 | €240 | €240 | = | 0.0% |
| Remuneration and social security | 454/9 | €16,396 | €42,812 | +€26,416 | +161% |
| Other amounts payable | 47/48 | €4,513 | €10,980 | +€6,467 | +143% |
| Remuneration, social security and pensions | 62 | €114,559 | €212,251 | +€97,692 | +85.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,921 | €66,783 | +€37,862 | +131% |
| Other operating charges | 640/8 | €1,022 | €555 | -€467 | -45.7% |
| Gross operating margin | 9900 | €151,921 | €294,536 | +€142,615 | +93.9% |
| Operating profit (loss) | 9901 | €7,419 | €14,947 | +€7,527 | +101% |
| Financial income | 75/76B | €1,578 | €684 | -€895 | -56.7% |
| Recurring financial income | 75 | €1,578 | €684 | -€895 | -56.7% |
| Financial charges | 65/66B | €7,833 | €8,445 | +€612 | +7.8% |
| Recurring financial charges | 65 | €7,833 | €8,445 | +€612 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €1,165 | €7,185 | +€6,020 | +517% |
| Profit (loss) for the period | 9904 | €1,165 | €7,185 | +€6,020 | +517% |
| Profit (loss) for the period to be appropriated | 9905 | €1,165 | €7,185 | +€6,020 | +517% |
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 18 October 2026 via checked.be.