Ivan DK: 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.
Ivan DK
Largest movements
- Receivables within one year -€20,600
down €20,600 (-60.2%), from €34,200 to €13,600
of which Trade receivables: -€12,100
- Cash +€10,477
up €10,477 (+72.3%), from €14,491 to €24,968
mainly Receivables within one year (+€20,600) and Net result for the year (+€13,613)
- Tangible fixed assets -€1,319
down €1,319 (-19.1%), from €6,920 to €5,600
of which Furniture and vehicles: -€1,210
- Trade debts -€14,439
down €14,439 (-89.8%), from €16,080 to €1,641
- Profit (loss) carried forward +€13,613
up €13,613 (+36.2%), from -€37,594 to -€23,981
- Debts after one year -€10,000
down €10,000 (-40.0%), from €25,000 to €15,000
- Other debts -€1,137
down €1,137 (-48.3%), from €2,353 to €1,216
- Gross operating margin +€21,200
up €21,200, from -€3,092 to €18,108
- Taxes +€2,466
up €2,466, from -€2,157 to €309
- Depreciation +€454
up €454 (+14.5%), from €3,122 to €3,577
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 | €55,611 | €44,169 | -€11,442 | -20.6% |
| Fixed assets | 21/28 | €6,920 | €5,600 | -€1,319 | -19.1% |
| Tangible fixed assets | 22/27 | €6,920 | €5,600 | -€1,319 | -19.1% |
| Plant, machinery and equipment | 23 | €3,505 | €3,396 | -€109 | -3.1% |
| Furniture and vehicles | 24 | €3,415 | €2,204 | -€1,210 | -35.4% |
| Current assets | 29/58 | €48,691 | €38,568 | -€10,123 | -20.8% |
| Amounts receivable within one year | 40/41 | €34,200 | €13,600 | -€20,600 | -60.2% |
| Trade receivables | 40 | €24,200 | €12,100 | -€12,100 | -50.0% |
| Other amounts receivable | 41 | €10,000 | €1,500 | -€8,500 | -85.0% |
| Cash at bank and in hand | 54/58 | €14,491 | €24,968 | +€10,477 | +72.3% |
| Total equity and liabilities | 10/49 | €55,611 | €44,169 | -€11,442 | -20.6% |
| Equity | 10/15 | €6,951 | €20,564 | +€13,613 | +195.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €37,545 | €37,545 | = | 0.0% |
| Distributable reserves | 133 | €37,545 | €37,545 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,594 | -€23,981 | +€13,613 | +36.2% |
| Amounts payable | 17/49 | €48,660 | €23,605 | -€25,056 | -51.5% |
| Amounts payable after more than one year | 17 | €25,000 | €15,000 | -€10,000 | -40.0% |
| Financial debts | 170/4 | €25,000 | €15,000 | -€10,000 | -40.0% |
| Amounts payable within one year | 42/48 | €23,660 | €8,605 | -€15,056 | -63.6% |
| Trade debts | 44 | €16,080 | €1,641 | -€14,439 | -89.8% |
| Suppliers | 440/4 | €16,080 | €1,641 | -€14,439 | -89.8% |
| Taxes, remuneration and social security | 45 | €5,228 | €5,748 | +€521 | +10.0% |
| Taxes | 450/3 | €5,228 | €5,748 | +€521 | +10.0% |
| Other amounts payable | 47/48 | €2,353 | €1,216 | -€1,137 | -48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,122 | €3,577 | +€454 | +14.5% |
| Other operating charges | 640/8 | €569 | €531 | -€38 | -6.6% |
| Gross operating margin | 9900 | -€3,092 | €18,108 | +€21,200 | |
| Operating profit (loss) | 9901 | -€6,783 | €14,000 | +€20,783 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €87 | €78 | -€9 | -10.0% |
| Recurring financial charges | 65 | €87 | €78 | -€9 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,869 | €13,922 | +€20,792 | |
| Income taxes | 67/77 | -€2,157 | €309 | +€2,466 | |
| Profit (loss) for the period | 9904 | -€4,713 | €13,613 | +€18,326 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,713 | €13,613 | +€18,326 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.