iVan: 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.
iVan
Largest movements
- Receivables within one year +€23,711
up €23,711 (+3144.3%), from €754 to €24,465
of which Trade receivables: +€20,990
- Cash +€21,291
up €21,291 (+125.8%), from €16,928 to €38,219
mainly Net result for the year (+€28,906) and Tax, wage and social debts (+€15,210)
- Tangible fixed assets -€911
down €911 (-36.5%), from €2,492 to €1,582
of which Furniture and vehicles: -€580
- Profit (loss) carried forward +€28,906
up €28,906 (+16612.9%), from €174 to €29,080
- Tax, wage and social debts +€15,210
new in 2025: €15,210
- Gross operating margin +€38,133
up €38,133, from -€1,454 to €36,679
- Taxes +€6,700
up €6,700 (+4785614.3%), from €0 to €6,700
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 | €20,174 | €64,365 | +€44,191 | +219.1% |
| Fixed assets | 21/28 | €2,492 | €1,582 | -€911 | -36.5% |
| Tangible fixed assets | 22/27 | €2,492 | €1,582 | -€911 | -36.5% |
| Plant, machinery and equipment | 23 | €330 | - | -€330 | |
| Furniture and vehicles | 24 | €2,162 | €1,582 | -€580 | -26.8% |
| Current assets | 29/58 | €17,682 | €62,784 | +€45,102 | +255.1% |
| Amounts receivable within one year | 40/41 | €754 | €24,465 | +€23,711 | +3144.3% |
| Trade receivables | 40 | €182 | €21,173 | +€20,990 | +11516.1% |
| Other amounts receivable | 41 | €572 | €3,293 | +€2,721 | +475.8% |
| Cash at bank and in hand | 54/58 | €16,928 | €38,219 | +€21,291 | +125.8% |
| Deferred charges and accrued income | 490/1 | - | €100 | +€100 | |
| Total equity and liabilities | 10/49 | €20,174 | €64,365 | +€44,191 | +219.1% |
| Equity | 10/15 | €20,174 | €49,080 | +€28,906 | +143.3% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174 | €29,080 | +€28,906 | +16612.9% |
| Amounts payable | 17/49 | - | €15,285 | +€15,285 | |
| Amounts payable within one year | 42/48 | - | €15,285 | +€15,285 | |
| Trade debts | 44 | - | €75 | +€75 | |
| Suppliers | 440/4 | - | €75 | +€75 | |
| Taxes, remuneration and social security | 45 | - | €15,210 | +€15,210 | |
| Taxes | 450/3 | - | €15,210 | +€15,210 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €942 | €911 | -€32 | -3.4% |
| Other operating charges | 640/8 | €302 | €208 | -€94 | -31.1% |
| Gross operating margin | 9900 | -€1,454 | €36,679 | +€38,133 | |
| Operating profit (loss) | 9901 | -€2,698 | €35,561 | +€38,258 | |
| Financial income | 75/76B | - | €100 | +€100 | |
| Recurring financial income | 75 | - | €100 | +€100 | |
| Financial charges | 65/66B | €58 | €54 | -€4 | -6.1% |
| Recurring financial charges | 65 | €58 | €54 | -€4 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,755 | €35,606 | +€38,362 | |
| Income taxes | 67/77 | €0 | €6,700 | +€6,700 | +4785614.3% |
| Profit (loss) for the period | 9904 | -€2,755 | €28,906 | +€31,662 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,755 | €28,906 | +€31,662 |
Source: filed annual accounts (NBB), fiscal years ended 1 October 2024 and 1 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.