IVS TECHNOLOGIES & SERVICES: 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.
IVS TECHNOLOGIES & SERVICES
Largest movements
- Cash +€148,877
up €148,877 (+256%), from €58,080 to €206,957
mainly Net result for the year (+€211,154) and Receivables within one year (+€86,418)
- Current investments +€100,000
up €100,000 (+24.8%), from €402,624 to €502,624
- Receivables within one year -€86,418
down €86,418 (-92.2%), from €93,777 to €7,359
- Tangible fixed assets -€23,488
down €23,488 (-25.4%), from €92,349 to €68,861
of which Land and buildings: -€13,009
- Reserves +€97,237
up €97,237 (+14.2%), from €683,138 to €780,376
- Tax, wage and social debts +€27,599
up €27,599 (+595%), from €4,637 to €32,237
- Gross operating margin +€123,585
up €123,585 (+63.7%), from €194,020 to €317,605
- Taxes +€39,390
up €39,390 (+79.2%), from €49,740 to €89,130
- Financial income +€7,332
up €7,332 (+860%), from €853 to €8,185
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 | €724,072 | €862,736 | +€138,663 | +19.2% |
| Fixed assets | 21/28 | €167,349 | €143,861 | -€23,488 | -14.0% |
| Tangible fixed assets | 22/27 | €92,349 | €68,861 | -€23,488 | -25.4% |
| Land and buildings | 22 | €54,917 | €41,907 | -€13,009 | -23.7% |
| Plant, machinery and equipment | 23 | €2,087 | €1,863 | -€224 | -10.7% |
| Furniture and vehicles | 24 | €35,345 | €25,090 | -€10,255 | -29.0% |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €556,724 | €718,875 | +€162,151 | +29.1% |
| Amounts receivable within one year | 40/41 | €93,777 | €7,359 | -€86,418 | -92.2% |
| Other amounts receivable | 41 | €93,777 | €7,359 | -€86,418 | -92.2% |
| Current investments | 50/53 | €402,624 | €502,624 | +€100,000 | +24.8% |
| Cash at bank and in hand | 54/58 | €58,080 | €206,957 | +€148,877 | +256% |
| Deferred charges and accrued income | 490/1 | €2,244 | €1,935 | -€309 | -13.8% |
| Total equity and liabilities | 10/49 | €724,072 | €862,736 | +€138,663 | +19.2% |
| Equity | 10/15 | €708,338 | €805,576 | +€97,237 | +13.7% |
| Contributions | 10/11 | €25,200 | €25,200 | = | 0.0% |
| Reserves | 13 | €683,138 | €780,376 | +€97,237 | +14.2% |
| Distributable reserves | 133 | €683,138 | €780,376 | +€97,237 | +14.2% |
| Amounts payable | 17/49 | €15,734 | €57,160 | +€41,426 | +263% |
| Amounts payable within one year | 42/48 | €15,350 | €57,160 | +€41,810 | +272% |
| Trade debts | 44 | €5,103 | €11,523 | +€6,420 | +126% |
| Suppliers | 440/4 | €5,103 | €11,523 | +€6,420 | +126% |
| Taxes, remuneration and social security | 45 | €4,637 | €32,237 | +€27,599 | +595% |
| Taxes | 450/3 | €4,637 | €32,237 | +€27,599 | +595% |
| Other amounts payable | 47/48 | €5,610 | €13,400 | +€7,790 | +139% |
| Accrued charges and deferred income | 492/3 | €384 | - | -€384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,348 | €23,488 | -€860 | -3.5% |
| Other operating charges | 640/8 | €1,933 | €2,039 | +€106 | +5.5% |
| Gross operating margin | 9900 | €194,020 | €317,605 | +€123,585 | +63.7% |
| Operating profit (loss) | 9901 | €167,739 | €292,078 | +€124,339 | +74.1% |
| Financial income | 75/76B | €853 | €8,185 | +€7,332 | +860% |
| Recurring financial income | 75 | €853 | €8,185 | +€7,332 | +860% |
| Financial charges | 65/66B | €2,629 | -€21 | -€2,650 | |
| Recurring financial charges | 65 | €2,629 | -€21 | -€2,650 | |
| Profit (loss) for the period before taxes | 9903 | €165,963 | €300,284 | +€134,321 | +80.9% |
| Income taxes | 67/77 | €49,740 | €89,130 | +€39,390 | +79.2% |
| Profit (loss) for the period | 9904 | €116,222 | €211,154 | +€94,932 | +81.7% |
| Profit (loss) for the period to be appropriated | 9905 | €116,222 | €211,154 | +€94,932 | +81.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.