U IVONKI: 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.
U IVONKI
Largest movements
- Receivables within one year +€1,611
up €1,611 (+11.6%), from €13,889 to €15,501
of which Other amounts receivable: +€10,586
- Stocks and contracts -€1,127
down €1,127 (-13.7%), from €8,237 to €7,109
- Tangible fixed assets -€415
down €415 (-16.4%), from €2,524 to €2,109
of which Other tangible fixed assets: -€253
- Profit (loss) carried forward +€3,893
up €3,893 (+28.3%), from €13,754 to €17,648
- Trade debts -€2,619
down €2,619 (-55.1%), from €4,756 to €2,137
- Tax, wage and social debts -€529
down €529 (-16.3%), from €3,238 to €2,709
- Other debts -€517
no longer reported in 2025 (was €517)
- Gross operating margin +€762
up €762 (+11.8%), from €6,461 to €7,223
- Other operating charges +€300
up €300 (+300%), from €100 to €400
- Taxes +€222
up €222 (+24.6%), from €903 to €1,125
- Staff costs +€156
new in 2025: €156
- Financial charges -€93
down €93 (-7.0%), from €1,327 to €1,234
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 | €24,766 | €24,994 | +€228 | +0.9% |
| Fixed assets | 21/28 | €2,628 | €2,213 | -€415 | -15.8% |
| Tangible fixed assets | 22/27 | €2,524 | €2,109 | -€415 | -16.4% |
| Furniture and vehicles | 24 | €382 | €221 | -€161 | -42.1% |
| Other tangible fixed assets | 26 | €2,141 | €1,888 | -€253 | -11.8% |
| Financial fixed assets | 28 | €104 | €104 | = | 0.0% |
| Current assets | 29/58 | €22,139 | €22,781 | +€642 | +2.9% |
| Stocks and contracts in progress | 3 | €8,237 | €7,109 | -€1,127 | -13.7% |
| Stocks | 30/36 | €8,237 | €7,109 | -€1,127 | -13.7% |
| Amounts receivable within one year | 40/41 | €13,889 | €15,501 | +€1,611 | +11.6% |
| Trade receivables | 40 | €10,990 | €2,016 | -€8,975 | -81.7% |
| Other amounts receivable | 41 | €2,899 | €13,485 | +€10,586 | +365% |
| Cash at bank and in hand | 54/58 | €13 | €171 | +€158 | +1,242% |
| Total equity and liabilities | 10/49 | €24,766 | €24,994 | +€228 | +0.9% |
| Equity | 10/15 | €16,254 | €20,148 | +€3,893 | +24.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,754 | €17,648 | +€3,893 | +28.3% |
| Amounts payable | 17/49 | €8,512 | €4,846 | -€3,666 | -43.1% |
| Amounts payable within one year | 42/48 | €8,512 | €4,846 | -€3,666 | -43.1% |
| Trade debts | 44 | €4,756 | €2,137 | -€2,619 | -55.1% |
| Suppliers | 440/4 | €4,756 | €2,137 | -€2,619 | -55.1% |
| Taxes, remuneration and social security | 45 | €3,238 | €2,709 | -€529 | -16.3% |
| Taxes | 450/3 | €3,238 | €2,709 | -€529 | -16.3% |
| Other amounts payable | 47/48 | €517 | - | -€517 | |
| Remuneration, social security and pensions | 62 | - | €156 | +€156 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €415 | €415 | = | 0.0% |
| Other operating charges | 640/8 | €100 | €400 | +€300 | +300% |
| Gross operating margin | 9900 | €6,461 | €7,223 | +€762 | +11.8% |
| Operating profit (loss) | 9901 | €5,946 | €6,253 | +€307 | +5.2% |
| Financial charges | 65/66B | €1,327 | €1,234 | -€93 | -7.0% |
| Recurring financial charges | 65 | €1,327 | €1,234 | -€93 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €4,619 | €5,019 | +€400 | +8.6% |
| Income taxes | 67/77 | €903 | €1,125 | +€222 | +24.6% |
| Profit (loss) for the period | 9904 | €3,716 | €3,893 | +€177 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,716 | €3,893 | +€177 | +4.8% |
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 27 October 2026 via checked.be.