DE IJSBEER: 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.
DE IJSBEER
Largest movements
- Cash -€646,542
down €646,542 (-52.3%), from €1.2m to €588,801
mainly Other debts (-€469,500) and Accrued charges and deferred income (-€200,689)
- Tangible fixed assets -€63,752
down €63,752 (-3.5%), from €1.8m to €1.7m
- Other debts -€469,500
down €469,500 (-99.7%), from €470,842 to €1,342
- Accrued charges and deferred income -€200,689
down €200,689 (-97.7%), from €205,509 to €4,820
- Profit (loss) carried forward +€46,010
up €46,010 (+7.6%), from -€606,976 to -€560,965
- Reserves -€45,197
down €45,197 (-2.5%), from €1.8m to €1.8m
of which Tax-exempt reserves: -€45,197
- Financial charges -€24,613
down €24,613 (-66.1%), from €37,254 to €12,642
- Financial income +€18,091
up €18,091 (+183%), from €9,873 to €27,964
- Gross operating margin +€2,013
up €2,013 (+6.1%), from €33,194 to €35,207
- Other operating charges +€873
up €873 (+78.8%), from €1,108 to €1,981
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 | €3,051,877 | €2,349,845 | -€702,032 | -23.0% |
| Fixed assets | 21/28 | €1,813,573 | €1,749,821 | -€63,752 | -3.5% |
| Tangible fixed assets | 22/27 | €1,813,573 | €1,749,821 | -€63,752 | -3.5% |
| Land and buildings | 22 | €1,813,573 | €1,749,821 | -€63,752 | -3.5% |
| Current assets | 29/58 | €1,238,304 | €600,024 | -€638,280 | -51.5% |
| Amounts receivable within one year | 40/41 | €2,962 | €11,224 | +€8,262 | +279% |
| Other amounts receivable | 41 | €2,962 | €11,224 | +€8,262 | +279% |
| Cash at bank and in hand | 54/58 | €1,235,342 | €588,801 | -€646,542 | -52.3% |
| Total equity and liabilities | 10/49 | €3,051,877 | €2,349,845 | -€702,032 | -23.0% |
| Equity | 10/15 | €1,646,376 | €1,647,189 | +€814 | 0.0% |
| Contributions | 10/11 | €322,353 | €322,353 | = | 0.0% |
| Capital | 10 | €322,353 | €322,353 | = | 0.0% |
| Issued capital | 100 | €322,353 | €322,353 | = | 0.0% |
| Revaluation surpluses | 12 | €89,469 | €89,469 | = | 0.0% |
| Reserves | 13 | €1,841,530 | €1,796,333 | -€45,197 | -2.5% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,220,312 | €1,175,116 | -€45,197 | -3.7% |
| Distributable reserves | 133 | €615,020 | €615,020 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€606,976 | -€560,965 | +€46,010 | +7.6% |
| Provisions and deferred taxes | 16 | €432,466 | €416,449 | -€16,017 | -3.7% |
| Deferred taxes | 168 | €432,466 | €416,449 | -€16,017 | -3.7% |
| Amounts payable | 17/49 | €973,035 | €286,207 | -€686,828 | -70.6% |
| Amounts payable after more than one year | 17 | €193,056 | €176,389 | -€16,667 | -8.6% |
| Financial debts | 170/4 | €193,056 | €176,389 | -€16,667 | -8.6% |
| Amounts payable within one year | 42/48 | €574,470 | €104,997 | -€469,473 | -81.7% |
| Current portion of amounts payable after more than one year | 42 | €16,667 | €16,667 | = | 0.0% |
| Trade debts | 44 | €86,962 | €86,989 | +€27 | 0.0% |
| Suppliers | 440/4 | €86,962 | €86,989 | +€27 | 0.0% |
| Other amounts payable | 47/48 | €470,842 | €1,342 | -€469,500 | -99.7% |
| Accrued charges and deferred income | 492/3 | €205,509 | €4,820 | -€200,689 | -97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,752 | €63,752 | = | 0.0% |
| Other operating charges | 640/8 | €1,108 | €1,981 | +€873 | +78.8% |
| Gross operating margin | 9900 | €33,194 | €35,207 | +€2,013 | +6.1% |
| Operating profit (loss) | 9901 | -€31,665 | -€30,526 | +€1,140 | +3.6% |
| Financial income | 75/76B | €9,873 | €27,964 | +€18,091 | +183% |
| Recurring financial income | 75 | €9,873 | €27,964 | +€18,091 | +183% |
| Financial charges | 65/66B | €37,254 | €12,642 | -€24,613 | -66.1% |
| Recurring financial charges | 65 | €37,254 | €12,642 | -€24,613 | -66.1% |
| Profit (loss) for the period before taxes | 9903 | -€59,047 | -€15,204 | +€43,843 | +74.3% |
| Transfer from deferred taxes | 780 | €16,017 | €16,017 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€43,030 | €814 | +€43,843 | |
| Transfer from tax-exempt reserves | 789 | €45,197 | €45,197 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,167 | €46,010 | +€43,843 | +2,023% |
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 29 October 2026 via checked.be.