Ivemac: 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.
Ivemac
Largest movements
- Cash -€291
down €291 (-29.9%), from €972 to €681
mainly Net result for the year (-€3,493)
- Receivables within one year -€202
down €202 (-48.9%), from €413 to €211
- Profit (loss) carried forward -€3,493
down €3,493 (-7.8%), from -€44,715 to -€48,208
- Other debts +€3,000
up €3,000 (+25.0%), from €12,000 to €15,000
- Gross operating margin -€306
down €306 (-11.7%), from -€2,612 to -€2,918
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 | €1,385 | €892 | -€493 | -35.6% |
| Current assets | 29/58 | €1,385 | €892 | -€493 | -35.6% |
| Amounts receivable within one year | 40/41 | €413 | €211 | -€202 | -48.9% |
| Other amounts receivable | 41 | €413 | €211 | -€202 | -48.9% |
| Cash at bank and in hand | 54/58 | €972 | €681 | -€291 | -29.9% |
| Total equity and liabilities | 10/49 | €1,385 | €892 | -€493 | -35.6% |
| Equity | 10/15 | -€10,615 | -€14,108 | -€3,493 | -32.9% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €3,100 | €3,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,100 | €3,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,100 | €3,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,715 | -€48,208 | -€3,493 | -7.8% |
| Amounts payable | 17/49 | €12,000 | €15,000 | +€3,000 | +25.0% |
| Amounts payable within one year | 42/48 | €12,000 | €15,000 | +€3,000 | +25.0% |
| Other amounts payable | 47/48 | €12,000 | €15,000 | +€3,000 | +25.0% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | -€2,612 | -€2,918 | -€306 | -11.7% |
| Operating profit (loss) | 9901 | -€2,999 | -€3,318 | -€319 | -10.6% |
| Financial charges | 65/66B | €154 | €175 | +€21 | +13.6% |
| Recurring financial charges | 65 | €154 | €175 | +€21 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,153 | -€3,493 | -€340 | -10.8% |
| Profit (loss) for the period | 9904 | -€3,153 | -€3,493 | -€340 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,153 | -€3,493 | -€340 | -10.8% |
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 3 October 2026 via checked.be.