IXEMDE: 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.
IXEMDE
Largest movements
- Tangible fixed assets -€3,402
down €3,402 (-40.9%), from €8,320 to €4,918
- Cash -€292
down €292 (-46.4%), from €630 to €338
mainly Net result for the year (-€3,602) and Other debts (-€2,289)
- Profit (loss) carried forward -€3,602
down €3,602 (-2.1%), from -€172,949 to -€176,552
- Tax, wage and social debts +€3,235
up €3,235 (+114%), from €2,843 to €6,077
of which Remuneration and social security: +€2,000
- Other debts -€2,289
down €2,289 (-1.8%), from €125,575 to €123,287
- Trade debts -€1,115
down €1,115 (-90.3%), from €1,235 to €120
- Gross operating margin +€414
up €414 (+77.7%), from €533 to €948
- Depreciation -€124
down €124 (-3.5%), from €3,526 to €3,402
- Other operating charges +€115
up €115 (+15.8%), from €728 to €843
- Financial charges -€33
down €33 (-19.3%), from €171 to €138
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 | €12,323 | €8,553 | -€3,771 | -30.6% |
| Fixed assets | 21/28 | €8,399 | €4,997 | -€3,402 | -40.5% |
| Tangible fixed assets | 22/27 | €8,320 | €4,918 | -€3,402 | -40.9% |
| Furniture and vehicles | 24 | €8,320 | €4,918 | -€3,402 | -40.9% |
| Financial fixed assets | 28 | €79 | €79 | = | 0.0% |
| Current assets | 29/58 | €3,925 | €3,556 | -€369 | -9.4% |
| Stocks and contracts in progress | 3 | €1,493 | €1,493 | = | 0.0% |
| Stocks | 30/36 | €1,493 | €1,493 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,802 | €1,725 | -€77 | -4.3% |
| Trade receivables | 40 | €1,756 | €1,679 | -€77 | -4.4% |
| Other amounts receivable | 41 | €46 | €46 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €630 | €338 | -€292 | -46.4% |
| Total equity and liabilities | 10/49 | €12,323 | €8,553 | -€3,771 | -30.6% |
| Equity | 10/15 | -€117,329 | -€120,931 | -€3,602 | -3.1% |
| Contributions | 10/11 | €49,423 | €49,423 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€172,949 | -€176,552 | -€3,602 | -2.1% |
| Amounts payable | 17/49 | €129,652 | €129,484 | -€169 | -0.1% |
| Amounts payable within one year | 42/48 | €129,652 | €129,484 | -€169 | -0.1% |
| Trade debts | 44 | €1,235 | €120 | -€1,115 | -90.3% |
| Suppliers | 440/4 | €1,235 | €120 | -€1,115 | -90.3% |
| Taxes, remuneration and social security | 45 | €2,843 | €6,077 | +€3,235 | +114% |
| Taxes | 450/3 | €843 | €2,077 | +€1,235 | +147% |
| Remuneration and social security | 454/9 | €2,000 | €4,000 | +€2,000 | +100% |
| Other amounts payable | 47/48 | €125,575 | €123,287 | -€2,289 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,526 | €3,402 | -€124 | -3.5% |
| Other operating charges | 640/8 | €728 | €843 | +€115 | +15.8% |
| Gross operating margin | 9900 | €533 | €948 | +€414 | +77.7% |
| Operating profit (loss) | 9901 | -€3,721 | -€3,297 | +€424 | +11.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €171 | €138 | -€33 | -19.3% |
| Recurring financial charges | 65 | €171 | €138 | -€33 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,891 | -€3,435 | +€456 | +11.7% |
| Income taxes | 67/77 | €163 | €167 | +€4 | +2.4% |
| Profit (loss) for the period | 9904 | -€4,054 | -€3,602 | +€452 | +11.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,054 | -€3,602 | +€452 | +11.2% |
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 31 October 2026 via checked.be.