IVANA: 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.
IVANA
Largest movements
- Receivables within one year -€219,359
down €219,359 (-69.2%), from €317,076 to €97,717
of which Trade receivables: -€215,600
- Tangible fixed assets -€15,512
down €15,512 (-4.6%), from €340,735 to €325,223
of which Land and buildings: -€7,967
- Other debts -€227,848
down €227,848 (-92.7%), from €245,737 to €17,890
- Debts after one year -€16,264
down €16,264 (-8.4%), from €193,326 to €177,062
- Gross operating margin +€36,527
up €36,527, from -€13,570 to €22,957
- Depreciation +€15,512
new in 2025: €15,512
- Financial charges -€819
down €819 (-17.9%), from €4,572 to €3,753
- Other operating charges -€255
down €255 (-19.5%), from €1,306 to €1,051
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 | €664,897 | €428,980 | -€235,917 | -35.5% |
| Fixed assets | 21/28 | €340,735 | €325,223 | -€15,512 | -4.6% |
| Tangible fixed assets | 22/27 | €340,735 | €325,223 | -€15,512 | -4.6% |
| Land and buildings | 22 | €290,309 | €282,342 | -€7,967 | -2.7% |
| Plant, machinery and equipment | 23 | €5,438 | €4,761 | -€676 | -12.4% |
| Furniture and vehicles | 24 | €27,573 | €23,027 | -€4,546 | -16.5% |
| Other tangible fixed assets | 26 | €17,415 | €15,093 | -€2,322 | -13.3% |
| Current assets | 29/58 | €324,162 | €103,757 | -€220,405 | -68.0% |
| Amounts receivable within one year | 40/41 | €317,076 | €97,717 | -€219,359 | -69.2% |
| Trade receivables | 40 | €294,091 | €78,491 | -€215,600 | -73.3% |
| Other amounts receivable | 41 | €22,986 | €19,227 | -€3,759 | -16.4% |
| Cash at bank and in hand | 54/58 | €6,914 | €6,040 | -€875 | -12.6% |
| Deferred charges and accrued income | 490/1 | €172 | - | -€172 | |
| Total equity and liabilities | 10/49 | €664,897 | €428,980 | -€235,917 | -35.5% |
| Equity | 10/15 | €195,372 | €199,086 | +€3,714 | +1.9% |
| Contributions | 10/11 | €12,910 | €12,910 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €180,607 | €184,321 | +€3,714 | +2.1% |
| Amounts payable | 17/49 | €469,525 | €229,894 | -€239,631 | -51.0% |
| Amounts payable after more than one year | 17 | €193,326 | €177,062 | -€16,264 | -8.4% |
| Financial debts | 170/4 | €193,326 | €177,062 | -€16,264 | -8.4% |
| Amounts payable within one year | 42/48 | €276,199 | €52,832 | -€223,367 | -80.9% |
| Current portion of amounts payable after more than one year | 42 | €18,230 | €16,264 | -€1,966 | -10.8% |
| Trade debts | 44 | €11,981 | €14,599 | +€2,618 | +21.8% |
| Suppliers | 440/4 | €11,981 | €14,599 | +€2,618 | +21.8% |
| Taxes, remuneration and social security | 45 | €250 | €4,079 | +€3,829 | +1,532% |
| Taxes | 450/3 | €250 | €4,079 | +€3,829 | +1,532% |
| Other amounts payable | 47/48 | €245,737 | €17,890 | -€227,848 | -92.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €15,512 | +€15,512 | |
| Other operating charges | 640/8 | €1,306 | €1,051 | -€255 | -19.5% |
| Gross operating margin | 9900 | -€13,570 | €22,957 | +€36,527 | |
| Operating profit (loss) | 9901 | -€14,876 | €6,394 | +€21,270 | |
| Financial income | 75/76B | €1,067 | €1,073 | +€5 | +0.5% |
| Recurring financial income | 75 | €1,067 | €1,073 | +€5 | +0.5% |
| Financial charges | 65/66B | €4,572 | €3,753 | -€819 | -17.9% |
| Recurring financial charges | 65 | €4,572 | €3,753 | -€819 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | -€18,380 | €3,714 | +€22,094 | |
| Profit (loss) for the period | 9904 | -€18,380 | €3,714 | +€22,094 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,380 | €3,714 | +€22,094 |
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 21 October 2026 via checked.be.