IVA.be: 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.
IVA.be
Largest movements
- Cash +€68,511
up €68,511 (+124.1%), from €55,203 to €123,714
mainly Net result for the year (+€107,395) and Other debts (+€79,798)
- Receivables within one year +€10,604
up €10,604 (+22.8%), from €46,458 to €57,061
of which Trade receivables: +€8,491
- Deferred charges and accrued income -€3,624
down €3,624 (-61.1%), from €5,931 to €2,307
- Tangible fixed assets -€2,829
down €2,829 (-10.0%), from €28,331 to €25,502
of which Furniture and vehicles: -€2,334
- Other debts +€79,798
up €79,798 (+252.2%), from €31,640 to €111,438
- Tax, wage and social debts -€12,386
down €12,386 (-59.7%), from €20,731 to €8,345
of which Remuneration and social security: -€13,230
- Profit (loss) carried forward +€7,395
up €7,395 (+14.4%), from €51,389 to €58,784
- Gross operating margin +€94,160
up €94,160 (+88.1%), from €106,903 to €201,063
- Taxes +€25,713
up €25,713 (+324.0%), from €7,935 to €33,648
- Staff costs -€15,720
down €15,720 (-25.6%), from €61,507 to €45,787
- Depreciation -€2,283
down €2,283 (-15.1%), from €15,115 to €12,833
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 | €137,813 | €212,474 | +€74,661 | +54.2% |
| Fixed assets | 21/28 | €30,221 | €29,392 | -€829 | -2.7% |
| Tangible fixed assets | 22/27 | €28,331 | €25,502 | -€2,829 | -10.0% |
| Plant, machinery and equipment | 23 | €4,246 | €2,748 | -€1,498 | -35.3% |
| Furniture and vehicles | 24 | €19,222 | €16,887 | -€2,334 | -12.1% |
| Other tangible fixed assets | 26 | €4,863 | €5,866 | +€1,003 | +20.6% |
| Financial fixed assets | 28 | €1,890 | €3,890 | +€2,000 | +105.8% |
| Current assets | 29/58 | €107,592 | €183,082 | +€75,490 | +70.2% |
| Amounts receivable within one year | 40/41 | €46,458 | €57,061 | +€10,604 | +22.8% |
| Trade receivables | 40 | €29,393 | €37,884 | +€8,491 | +28.9% |
| Other amounts receivable | 41 | €17,065 | €19,178 | +€2,113 | +12.4% |
| Cash at bank and in hand | 54/58 | €55,203 | €123,714 | +€68,511 | +124.1% |
| Deferred charges and accrued income | 490/1 | €5,931 | €2,307 | -€3,624 | -61.1% |
| Total equity and liabilities | 10/49 | €137,813 | €212,474 | +€74,661 | +54.2% |
| Equity | 10/15 | €71,849 | €79,244 | +€7,395 | +10.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Outside capital | 11 | €20,460 | - | -€20,460 | |
| Other | 1109/19 | €20,460 | - | -€20,460 | |
| Profit (loss) carried forward | 14 | €51,389 | €58,784 | +€7,395 | +14.4% |
| Amounts payable | 17/49 | €65,964 | €133,231 | +€67,266 | +102.0% |
| Amounts payable within one year | 42/48 | €65,964 | €133,231 | +€67,266 | +102.0% |
| Trade debts | 44 | €13,593 | €13,448 | -€146 | -1.1% |
| Suppliers | 440/4 | €13,593 | €13,448 | -€146 | -1.1% |
| Taxes, remuneration and social security | 45 | €20,731 | €8,345 | -€12,386 | -59.7% |
| Taxes | 450/3 | €7,500 | €8,345 | +€844 | +11.3% |
| Remuneration and social security | 454/9 | €13,230 | - | -€13,230 | |
| Other amounts payable | 47/48 | €31,640 | €111,438 | +€79,798 | +252.2% |
| Remuneration, social security and pensions | 62 | €61,507 | €45,787 | -€15,720 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,115 | €12,833 | -€2,283 | -15.1% |
| Other operating charges | 640/8 | €630 | €745 | +€115 | +18.3% |
| Gross operating margin | 9900 | €106,903 | €201,063 | +€94,160 | +88.1% |
| Operating profit (loss) | 9901 | €29,650 | €141,699 | +€112,049 | +377.9% |
| Financial income | 75/76B | €0 | €2 | +€2 | +4625.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +4625.0% |
| Financial charges | 65/66B | €534 | €657 | +€124 | +23.2% |
| Recurring financial charges | 65 | €534 | €657 | +€124 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | €29,116 | €141,043 | +€111,927 | +384.4% |
| Income taxes | 67/77 | €7,935 | €33,648 | +€25,713 | +324.0% |
| Profit (loss) for the period | 9904 | €21,181 | €107,395 | +€86,214 | +407.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,181 | €107,395 | +€86,214 | +407.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.