iVersa: 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.
iVersa
Largest movements
- Receivables within one year +€28,152
up €28,152 (+309%), from €9,096 to €37,249
of which Trade receivables: +€28,324
- Cash +€17,357
up €17,357 (+24.5%), from €70,718 to €88,075
mainly Net result for the year (+€35,145) and Other debts (+€21,174)
- Tangible fixed assets -€1,745
down €1,745 (-18.5%), from €9,422 to €7,677
- Other debts +€21,174
up €21,174 (+385%), from €5,500 to €26,674
- Reserves +€9,945
up €9,945 (+12.9%), from €76,968 to €86,913
- Trade debts +€9,121
up €9,121 (+528%), from €1,726 to €10,847
- Tax, wage and social debts +€3,638
up €3,638 (+54.2%), from €6,708 to €10,345
- Gross operating margin +€7,835
up €7,835 (+16.8%), from €46,570 to €54,405
- Taxes +€2,357
up €2,357 (+20.0%), from €11,760 to €14,116
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 | €91,359 | €135,380 | +€44,021 | +48.2% |
| Fixed assets | 21/28 | €9,422 | €7,677 | -€1,745 | -18.5% |
| Tangible fixed assets | 22/27 | €9,422 | €7,677 | -€1,745 | -18.5% |
| Plant, machinery and equipment | 23 | €3,422 | €2,769 | -€653 | -19.1% |
| Furniture and vehicles | 24 | €2,718 | €1,991 | -€727 | -26.8% |
| Other tangible fixed assets | 26 | €3,282 | €2,917 | -€365 | -11.1% |
| Current assets | 29/58 | €81,937 | €127,703 | +€45,766 | +55.9% |
| Amounts receivable within one year | 40/41 | €9,096 | €37,249 | +€28,152 | +309% |
| Trade receivables | 40 | €8,925 | €37,249 | +€28,324 | +317% |
| Other amounts receivable | 41 | €171 | €0 | -€171 | -100% |
| Cash at bank and in hand | 54/58 | €70,718 | €88,075 | +€17,357 | +24.5% |
| Deferred charges and accrued income | 490/1 | €2,123 | €2,380 | +€257 | +12.1% |
| Total equity and liabilities | 10/49 | €91,359 | €135,380 | +€44,021 | +48.2% |
| Equity | 10/15 | €77,368 | €87,313 | +€9,945 | +12.9% |
| Contributions | 10/11 | €400 | €400 | = | 0.0% |
| Reserves | 13 | €76,968 | €86,913 | +€9,945 | +12.9% |
| Distributable reserves | 133 | €76,968 | €86,913 | +€9,945 | +12.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,991 | €48,066 | +€34,075 | +244% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €13,991 | €48,066 | +€34,075 | +244% |
| Current portion of amounts payable after more than one year | 42 | €57 | €0 | -€57 | -100% |
| Financial debts | 43 | €0 | €200 | +€200 | |
| Credit institutions | 430/8 | €0 | €200 | +€200 | |
| Trade debts | 44 | €1,726 | €10,847 | +€9,121 | +528% |
| Suppliers | 440/4 | €1,726 | €10,847 | +€9,121 | +528% |
| Taxes, remuneration and social security | 45 | €6,708 | €10,345 | +€3,638 | +54.2% |
| Taxes | 450/3 | €6,708 | €10,345 | +€3,638 | +54.2% |
| Other amounts payable | 47/48 | €5,500 | €26,674 | +€21,174 | +385% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,405 | €3,479 | +€75 | +2.2% |
| Other operating charges | 640/8 | €1,185 | €749 | -€436 | -36.8% |
| Non-recurring operating charges | 66A | €496 | €0 | -€496 | -100% |
| Gross operating margin | 9900 | €46,570 | €54,405 | +€7,835 | +16.8% |
| Operating profit (loss) | 9901 | €41,484 | €50,177 | +€8,693 | +21.0% |
| Financial income | 75/76B | €31 | €0 | -€31 | -100% |
| Recurring financial income | 75 | €31 | €0 | -€31 | -100% |
| Financial charges | 65/66B | €1,006 | €915 | -€91 | -9.0% |
| Recurring financial charges | 65 | €1,006 | €915 | -€91 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €40,509 | €49,262 | +€8,753 | +21.6% |
| Income taxes | 67/77 | €11,760 | €14,116 | +€2,357 | +20.0% |
| Profit (loss) for the period | 9904 | €28,750 | €35,145 | +€6,396 | +22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,750 | €35,145 | +€6,396 | +22.2% |
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 15 October 2026 via checked.be.