IUCON: 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.
IUCON
Largest movements
- Cash -€48,214
down €48,214 (-89.6%), from €53,826 to €5,612
mainly Receivables within one year (-€42,009) and Stocks and contracts (-€15,555)
- Receivables within one year +€42,009
up €42,009 (+73.5%), from €57,168 to €99,177
of which Other amounts receivable: +€39,905
- Stocks and contracts +€15,555
new in 2025: €15,555
- Deferred charges and accrued income -€5,951
down €5,951 (-74.0%), from €8,041 to €2,089
- Tangible fixed assets -€1,598
down €1,598 (-23.8%), from €6,708 to €5,110
of which Plant, machinery and equipment: -€1,693
- Reserves +€11,058
up €11,058 (+11.3%), from €97,442 to €108,500
- Tax, wage and social debts -€5,059
down €5,059 (-35.2%), from €14,391 to €9,331
of which Taxes: -€5,129
- Trade debts -€4,294
down €4,294 (-48.2%), from €8,910 to €4,615
- Gross operating margin -€12,631
down €12,631 (-31.8%), from €39,776 to €27,145
- Staff costs +€1,772
new in 2025: €1,772
- Taxes -€1,473
down €1,473 (-20.3%), from €7,271 to €5,798
- Financial charges +€1,064
up €1,064 (+64.4%), from €1,650 to €2,714
- Depreciation -€603
down €603 (-18.8%), from €3,203 to €2,600
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 | €125,743 | €127,544 | +€1,801 | +1.4% |
| Fixed assets | 21/28 | €6,708 | €5,110 | -€1,598 | -23.8% |
| Tangible fixed assets | 22/27 | €6,708 | €5,110 | -€1,598 | -23.8% |
| Plant, machinery and equipment | 23 | €5,969 | €4,276 | -€1,693 | -28.4% |
| Furniture and vehicles | 24 | €739 | €834 | +€95 | +12.9% |
| Current assets | 29/58 | €119,035 | €122,434 | +€3,399 | +2.9% |
| Stocks and contracts in progress | 3 | - | €15,555 | +€15,555 | |
| Stocks | 30/36 | - | €15,555 | +€15,555 | |
| Amounts receivable within one year | 40/41 | €57,168 | €99,177 | +€42,009 | +73.5% |
| Trade receivables | 40 | €50,222 | €52,327 | +€2,105 | +4.2% |
| Other amounts receivable | 41 | €6,946 | €46,850 | +€39,905 | +575% |
| Cash at bank and in hand | 54/58 | €53,826 | €5,612 | -€48,214 | -89.6% |
| Deferred charges and accrued income | 490/1 | €8,041 | €2,089 | -€5,951 | -74.0% |
| Total equity and liabilities | 10/49 | €125,743 | €127,544 | +€1,801 | +1.4% |
| Equity | 10/15 | €102,442 | €113,500 | +€11,058 | +10.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €97,442 | €108,500 | +€11,058 | +11.3% |
| Distributable reserves | 133 | €97,442 | €108,500 | +€11,058 | +11.3% |
| Amounts payable | 17/49 | €23,301 | €14,043 | -€9,257 | -39.7% |
| Amounts payable within one year | 42/48 | €23,301 | €13,947 | -€9,354 | -40.1% |
| Trade debts | 44 | €8,910 | €4,615 | -€4,294 | -48.2% |
| Suppliers | 440/4 | €8,910 | €4,615 | -€4,294 | -48.2% |
| Taxes, remuneration and social security | 45 | €14,391 | €9,331 | -€5,059 | -35.2% |
| Taxes | 450/3 | €14,391 | €9,261 | -€5,129 | -35.6% |
| Remuneration and social security | 454/9 | - | €70 | +€70 | |
| Accrued charges and deferred income | 492/3 | - | €97 | +€97 | |
| Remuneration, social security and pensions | 62 | - | €1,772 | +€1,772 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,203 | €2,600 | -€603 | -18.8% |
| Other operating charges | 640/8 | €3,762 | €3,532 | -€229 | -6.1% |
| Gross operating margin | 9900 | €39,776 | €27,145 | -€12,631 | -31.8% |
| Operating profit (loss) | 9901 | €32,812 | €19,241 | -€13,571 | -41.4% |
| Financial income | 75/76B | €2 | €329 | +€327 | +16,343% |
| Recurring financial income | 75 | €2 | €329 | +€327 | +16,343% |
| Financial charges | 65/66B | €1,650 | €2,714 | +€1,064 | +64.4% |
| Recurring financial charges | 65 | €1,650 | €2,714 | +€1,064 | +64.4% |
| Profit (loss) for the period before taxes | 9903 | €31,163 | €16,856 | -€14,308 | -45.9% |
| Income taxes | 67/77 | €7,271 | €5,798 | -€1,473 | -20.3% |
| Profit (loss) for the period | 9904 | €23,893 | €11,058 | -€12,835 | -53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,893 | €11,058 | -€12,835 | -53.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.