I4I: 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.
I4I
Largest movements
- Stocks and contracts -€109,696
no longer reported in 2025 (was €109,696)
- Receivables within one year +€93,495
up €93,495 (+33.2%), from €281,343 to €374,838
- Debts after one year -€74,696
no longer reported in 2025 (was €74,696)
- Other debts +€42,200
up €42,200 (+15.6%), from €270,970 to €313,170
- Profit (loss) carried forward +€9,809
up €9,809 (+37.8%), from €25,983 to €35,792
- Trade debts +€5,467
up €5,467 (+46.1%), from €11,866 to €17,333
- Gross operating margin -€19,311
down €19,311 (-50.7%), from €38,069 to €18,758
- Financial charges -€8,159
down €8,159 (-65.1%), from €12,538 to €4,379
- Taxes -€1,404
down €1,404 (-28.2%), from €4,975 to €3,571
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 | €396,038 | €379,842 | -€16,197 | -4.1% |
| Fixed assets | 21/28 | €5,000 | €5,000 | = | 0.0% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €391,038 | €374,842 | -€16,197 | -4.1% |
| Stocks and contracts in progress | 3 | €109,696 | - | -€109,696 | |
| Stocks | 30/36 | €109,696 | - | -€109,696 | |
| Amounts receivable within one year | 40/41 | €281,343 | €374,838 | +€93,495 | +33.2% |
| Other amounts receivable | 41 | €281,343 | €374,838 | +€93,495 | +33.2% |
| Cash at bank and in hand | 54/58 | - | €4 | +€4 | |
| Total equity and liabilities | 10/49 | €396,038 | €379,842 | -€16,197 | -4.1% |
| Equity | 10/15 | €30,983 | €40,792 | +€9,809 | +31.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,983 | €35,792 | +€9,809 | +37.8% |
| Amounts payable | 17/49 | €365,056 | €339,050 | -€26,006 | -7.1% |
| Amounts payable after more than one year | 17 | €74,696 | - | -€74,696 | |
| Financial debts | 170/4 | €74,696 | - | -€74,696 | |
| Amounts payable within one year | 42/48 | €290,360 | €339,050 | +€48,690 | +16.8% |
| Financial debts | 43 | €2,548 | - | -€2,548 | |
| Credit institutions | 430/8 | €2,548 | - | -€2,548 | |
| Trade debts | 44 | €11,866 | €17,333 | +€5,467 | +46.1% |
| Suppliers | 440/4 | €11,866 | €17,333 | +€5,467 | +46.1% |
| Taxes, remuneration and social security | 45 | €4,975 | €8,546 | +€3,571 | +71.8% |
| Taxes | 450/3 | €4,975 | €8,546 | +€3,571 | +71.8% |
| Other amounts payable | 47/48 | €270,970 | €313,170 | +€42,200 | +15.6% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €38,069 | €18,758 | -€19,311 | -50.7% |
| Operating profit (loss) | 9901 | €37,101 | €17,759 | -€19,342 | -52.1% |
| Financial charges | 65/66B | €12,538 | €4,379 | -€8,159 | -65.1% |
| Recurring financial charges | 65 | €12,538 | €4,379 | -€8,159 | -65.1% |
| Profit (loss) for the period before taxes | 9903 | €24,563 | €13,380 | -€11,183 | -45.5% |
| Income taxes | 67/77 | €4,975 | €3,571 | -€1,404 | -28.2% |
| Profit (loss) for the period | 9904 | €19,588 | €9,809 | -€9,779 | -49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,588 | €9,809 | -€9,779 | -49.9% |
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 26 October 2026 via checked.be.