IVOMATEC: 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.
IVOMATEC
Largest movements
- Stocks and contracts -€173,727
down €173,727 (-25.7%), from €676,527 to €502,800
- Receivables within one year -€139,943
down €139,943 (-27.0%), from €518,829 to €378,886
of which Trade receivables: -€139,943
- Cash +€91,300
up €91,300 (+737%), from €12,388 to €103,688
mainly Stocks and contracts (+€173,727) and Receivables within one year (+€139,943)
- Trade debts -€289,880
down €289,880 (-64.7%), from €447,980 to €158,100
- Advances received +€78,960
up €78,960 (+259%), from €30,482 to €109,442
- Reserves -€53,762
down €53,762 (-42.4%), from €126,785 to €73,023
of which Distributable reserves: -€53,762
- Short-term financial debts +€22,917
up €22,917 (+90.7%), from €25,269 to €48,186
- Goods and materials -€582,140
down €582,140 (-31.2%), from €1.9m to €1.3m
of which Purchases: -€495,496
- Turnover -€522,278
down €522,278 (-18.6%), from €2.8m to €2.3m
- Services and other goods -€107,129
down €107,129 (-22.7%), from €471,215 to €364,086
- Write-downs +€45,350
up €45,350 (+766%), from €5,924 to €51,274
- Taxes -€33,429
down €33,429, from €24,638 to -€8,791
of which Taxes: -€25,000
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 | €1,241,858 | €996,104 | -€245,754 | -19.8% |
| Fixed assets | 21/28 | €18,767 | €6,282 | -€12,485 | -66.5% |
| Intangible fixed assets | 21 | €5,003 | €950 | -€4,053 | -81.0% |
| Tangible fixed assets | 22/27 | €13,764 | €5,332 | -€8,432 | -61.3% |
| Plant, machinery and equipment | 23 | €472 | - | -€472 | |
| Furniture and vehicles | 24 | €13,292 | €5,332 | -€7,961 | -59.9% |
| Current assets | 29/58 | €1,223,091 | €989,822 | -€233,269 | -19.1% |
| Stocks and contracts in progress | 3 | €676,527 | €502,800 | -€173,727 | -25.7% |
| Stocks | 30/36 | €676,527 | €502,800 | -€173,727 | -25.7% |
| Goods purchased for resale | 34 | €676,527 | €502,800 | -€173,727 | -25.7% |
| Amounts receivable within one year | 40/41 | €518,829 | €378,886 | -€139,943 | -27.0% |
| Trade receivables | 40 | €518,461 | €378,518 | -€139,943 | -27.0% |
| Other amounts receivable | 41 | €369 | €369 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,388 | €103,688 | +€91,300 | +737% |
| Deferred charges and accrued income | 490/1 | €15,347 | €4,449 | -€10,898 | -71.0% |
| Total equity and liabilities | 10/49 | €1,241,858 | €996,104 | -€245,754 | -19.8% |
| Equity | 10/15 | €630,085 | €576,323 | -€53,762 | -8.5% |
| Contributions | 10/11 | €503,300 | €503,300 | = | 0.0% |
| Capital | 10 | €503,300 | €503,300 | = | 0.0% |
| Issued capital | 100 | €503,300 | €503,300 | = | 0.0% |
| Reserves | 13 | €126,785 | €73,023 | -€53,762 | -42.4% |
| Non-distributable reserves | 130/1 | €15,800 | €15,800 | = | 0.0% |
| Legal reserve | 130 | €15,800 | €15,800 | = | 0.0% |
| Distributable reserves | 133 | €110,985 | €57,223 | -€53,762 | -48.4% |
| Amounts payable | 17/49 | €611,773 | €419,782 | -€191,991 | -31.4% |
| Amounts payable within one year | 42/48 | €606,701 | €416,210 | -€190,491 | -31.4% |
| Financial debts | 43 | €25,269 | €48,186 | +€22,917 | +90.7% |
| Credit institutions | 430/8 | €25,269 | €48,186 | +€22,917 | +90.7% |
| Trade debts | 44 | €447,980 | €158,100 | -€289,880 | -64.7% |
| Suppliers | 440/4 | €447,980 | €158,100 | -€289,880 | -64.7% |
| Advances received on contracts in progress | 46 | €30,482 | €109,442 | +€78,960 | +259% |
| Taxes, remuneration and social security | 45 | €102,971 | €100,482 | -€2,489 | -2.4% |
| Taxes | 450/3 | €21,821 | €29,682 | +€7,861 | +36.0% |
| Remuneration and social security | 454/9 | €81,149 | €70,799 | -€10,350 | -12.8% |
| Accrued charges and deferred income | 492/3 | €5,072 | €3,572 | -€1,500 | -29.6% |
| Operating income | 70/76A | €2,829,385 | €2,305,071 | -€524,314 | -18.5% |
| Turnover | 70 | €2,809,884 | €2,287,606 | -€522,278 | -18.6% |
| Other operating income | 74 | €19,501 | €17,465 | -€2,036 | -10.4% |
| Operating charges | 60/66A | €2,992,460 | €2,363,016 | -€629,443 | -21.0% |
| Goods for resale, raw materials and consumables | 60 | €1,864,056 | €1,281,916 | -€582,140 | -31.2% |
| Purchases | 600/8 | €1,642,384 | €1,146,888 | -€495,496 | -30.2% |
| Change in stocks: decrease (increase) | 609 | €221,672 | €135,028 | -€86,644 | -39.1% |
| Services and other goods | 61 | €471,215 | €364,086 | -€107,129 | -22.7% |
| Remuneration, social security and pensions | 62 | €614,732 | €631,719 | +€16,987 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,541 | €12,485 | -€20,056 | -61.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,924 | €51,274 | +€45,350 | +766% |
| Other operating charges | 640/8 | €3,991 | €21,536 | +€17,545 | +440% |
| Operating profit (loss) | 9901 | -€163,075 | -€57,946 | +€105,129 | +64.5% |
| Financial income | 75/76B | €921 | €8,042 | +€7,121 | +773% |
| Recurring financial income | 75 | €921 | €8,042 | +€7,121 | +773% |
| Other financial income | 752/9 | €921 | €8,042 | +€7,121 | +773% |
| Financial charges | 65/66B | €2,417 | €12,651 | +€10,233 | +423% |
| Recurring financial charges | 65 | €2,417 | €12,651 | +€10,233 | +423% |
| Debt charges | 650 | €1,503 | €11,222 | +€9,719 | +646% |
| Other financial charges | 652/9 | €914 | €1,428 | +€514 | +56.3% |
| Profit (loss) for the period before taxes | 9903 | -€164,571 | -€62,554 | +€102,017 | +62.0% |
| Income taxes | 67/77 | €24,638 | -€8,791 | -€33,429 | |
| Taxes | 670/3 | €25,000 | - | -€25,000 | |
| Tax adjustments and reversals of tax provisions | 77 | €362 | €8,791 | +€8,429 | +2,326% |
| Profit (loss) for the period | 9904 | -€189,208 | -€53,762 | +€135,446 | +71.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€189,208 | -€53,762 | +€135,446 | +71.6% |
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 16 October 2026 via checked.be.