IFIELD: what changed
IFIELD
Largest movements
- Cash -€312,959
down €312,959 (-84.7%), from €369,697 to €56,738
mainly Other debts (-€289,979) and Contributions, distributions and other (-€100,000)
- Receivables within one year +€51,166
up €51,166 (+135%), from €37,796 to €88,962
of which Trade receivables: +€47,271
- Tangible fixed assets -€9,011
down €9,011 (-38.4%), from €23,473 to €14,463
- Other debts -€289,979
down €289,979 (-74.4%), from €389,979 to €100,000
- Profit (loss) carried forward +€27,960
new in 2025: €27,960
- Tax, wage and social debts -€4,691
down €4,691 (-28.2%), from €16,632 to €11,941
- Gross operating margin +€79,571
up €79,571 (+55.5%), from €143,388 to €222,959
- Financial charges +€38,067
up €38,067 (+8,631%), from €441 to €38,508
- Taxes +€9,896
up €9,896 (+32.9%), from €30,105 to €40,001
- Financial income -€6,648
down €6,648 (-81.4%), from €8,170 to €1,522
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €434,024 | €164,397 | -€269,627 | -62.1% |
| Fixed assets | 21/28 | €23,473 | €14,463 | -€9,011 | -38.4% |
| Tangible fixed assets | 22/27 | €23,473 | €14,463 | -€9,011 | -38.4% |
| Furniture and vehicles | 24 | €23,473 | €14,463 | -€9,011 | -38.4% |
| Current assets | 29/58 | €410,550 | €149,935 | -€260,616 | -63.5% |
| Amounts receivable within one year | 40/41 | €37,796 | €88,962 | +€51,166 | +135% |
| Trade receivables | 40 | €27,729 | €75,000 | +€47,271 | +170% |
| Other amounts receivable | 41 | €10,066 | €13,962 | +€3,896 | +38.7% |
| Cash at bank and in hand | 54/58 | €369,697 | €56,738 | -€312,959 | -84.7% |
| Deferred charges and accrued income | 490/1 | €3,058 | €4,235 | +€1,177 | +38.5% |
| Total equity and liabilities | 10/49 | €434,024 | €164,397 | -€269,627 | -62.1% |
| Equity | 10/15 | €20,460 | €48,420 | +€27,960 | +137% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €27,960 | +€27,960 | |
| Amounts payable | 17/49 | €413,564 | €115,978 | -€297,586 | -72.0% |
| Amounts payable within one year | 42/48 | €413,564 | €115,792 | -€297,772 | -72.0% |
| Trade debts | 44 | €6,953 | €3,851 | -€3,102 | -44.6% |
| Suppliers | 440/4 | €6,953 | €3,851 | -€3,102 | -44.6% |
| Taxes, remuneration and social security | 45 | €16,632 | €11,941 | -€4,691 | -28.2% |
| Taxes | 450/3 | €16,632 | €11,941 | -€4,691 | -28.2% |
| Other amounts payable | 47/48 | €389,979 | €100,000 | -€289,979 | -74.4% |
| Accrued charges and deferred income | 492/3 | - | €186 | +€186 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,030 | €17,826 | +€796 | +4.7% |
| Other operating charges | 640/8 | €81 | €185 | +€104 | +128% |
| Gross operating margin | 9900 | €143,388 | €222,959 | +€79,571 | +55.5% |
| Operating profit (loss) | 9901 | €126,277 | €204,948 | +€78,671 | +62.3% |
| Financial income | 75/76B | €8,170 | €1,522 | -€6,648 | -81.4% |
| Recurring financial income | 75 | €8,170 | €1,522 | -€6,648 | -81.4% |
| Financial charges | 65/66B | €441 | €38,508 | +€38,067 | +8,631% |
| Recurring financial charges | 65 | €441 | €38,508 | +€38,067 | +8,631% |
| Profit (loss) for the period before taxes | 9903 | €134,005 | €167,961 | +€33,956 | +25.3% |
| Income taxes | 67/77 | €30,105 | €40,001 | +€9,896 | +32.9% |
| Profit (loss) for the period | 9904 | €103,900 | €127,960 | +€24,060 | +23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €103,900 | €127,960 | +€24,060 | +23.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.