IXIAS: 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.
IXIAS
Largest movements
- Cash -€61,728
down €61,728 (-81.1%), from €76,143 to €14,415
mainly Contributions, distributions and other (-€88,235) and Tax, wage and social debts (-€21,771)
- Receivables within one year -€27,954
down €27,954 (-57.5%), from €48,645 to €20,691
of which Trade receivables: -€47,065
- Deferred charges and accrued income +€15,782
up €15,782 (+2,072%), from €762 to €16,544
- Tangible fixed assets -€5,944
down €5,944 (-46.4%), from €12,815 to €6,872
- Profit (loss) carried forward -€72,397
down €72,397 (-96.7%), from €74,878 to €2,480
- Tax, wage and social debts -€21,771
down €21,771 (-43.1%), from €50,537 to €28,766
of which Remuneration and social security: -€19,001
- Other debts +€15,000
up €15,000 (+150%), from €10,000 to €25,000
- Gross operating margin -€111,972
down €111,972 (-76.4%), from €146,501 to €34,529
- Staff costs -€75,886
down €75,886 (-93.5%), from €81,125 to €5,239
- Taxes -€7,465
down €7,465 (-56.8%), from €13,141 to €5,676
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 | €138,515 | €58,671 | -€79,844 | -57.6% |
| Fixed assets | 21/28 | €12,965 | €7,022 | -€5,944 | -45.8% |
| Tangible fixed assets | 22/27 | €12,815 | €6,872 | -€5,944 | -46.4% |
| Furniture and vehicles | 24 | €12,815 | €6,872 | -€5,944 | -46.4% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €125,550 | €51,650 | -€73,900 | -58.9% |
| Amounts receivable within one year | 40/41 | €48,645 | €20,691 | -€27,954 | -57.5% |
| Trade receivables | 40 | €47,065 | - | -€47,065 | |
| Other amounts receivable | 41 | €1,581 | €20,691 | +€19,110 | +1,209% |
| Cash at bank and in hand | 54/58 | €76,143 | €14,415 | -€61,728 | -81.1% |
| Deferred charges and accrued income | 490/1 | €762 | €16,544 | +€15,782 | +2,072% |
| Total equity and liabilities | 10/49 | €138,515 | €58,671 | -€79,844 | -57.6% |
| Equity | 10/15 | €76,878 | €4,480 | -€72,397 | -94.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,878 | €2,480 | -€72,397 | -96.7% |
| Amounts payable | 17/49 | €61,637 | €54,191 | -€7,446 | -12.1% |
| Amounts payable within one year | 42/48 | €61,637 | €54,191 | -€7,446 | -12.1% |
| Trade debts | 44 | €1,100 | €425 | -€675 | -61.4% |
| Suppliers | 440/4 | €1,100 | €425 | -€675 | -61.4% |
| Taxes, remuneration and social security | 45 | €50,537 | €28,766 | -€21,771 | -43.1% |
| Taxes | 450/3 | €20,639 | €17,868 | -€2,771 | -13.4% |
| Remuneration and social security | 454/9 | €29,898 | €10,898 | -€19,001 | -63.6% |
| Other amounts payable | 47/48 | €10,000 | €25,000 | +€15,000 | +150% |
| Remuneration, social security and pensions | 62 | €81,125 | €5,239 | -€75,886 | -93.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,935 | €5,944 | -€991 | -14.3% |
| Other operating charges | 640/8 | €905 | €1,596 | +€690 | +76.3% |
| Gross operating margin | 9900 | €146,501 | €34,529 | -€111,972 | -76.4% |
| Operating profit (loss) | 9901 | €57,536 | €21,751 | -€35,785 | -62.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €192 | €237 | +€44 | +23.1% |
| Recurring financial charges | 65 | €192 | €237 | +€44 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | €57,343 | €21,514 | -€35,829 | -62.5% |
| Income taxes | 67/77 | €13,141 | €5,676 | -€7,465 | -56.8% |
| Profit (loss) for the period | 9904 | €44,202 | €15,838 | -€28,364 | -64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,202 | €15,838 | -€28,364 | -64.2% |
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 17 October 2026 via checked.be.