EXPLOITATIEMAATSCHAPPIJ IBB: 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.
EXPLOITATIEMAATSCHAPPIJ IBB
Largest movements
- Cash +€15,451
up €15,451 (+7.7%), from €199,395 to €214,846
mainly Other debts (+€20,991) and Net result for the year (+€18,375)
- Receivables within one year +€13,635
up €13,635 (+10.3%), from €132,423 to €146,058
of which Trade receivables: +€8,068
- Deferred charges and accrued income -€4,564
down €4,564 (-41.9%), from €10,886 to €6,321
- Tangible fixed assets -€4,177
down €4,177 (-27.7%), from €15,066 to €10,889
of which Furniture and vehicles: -€5,264
- Other debts +€20,991
up €20,991 (+19.7%), from €106,581 to €127,572
- Reserves +€18,375
up €18,375 (+111.9%), from €16,425 to €34,799
of which Distributable reserves: +€17,456
- Trade debts -€14,062
down €14,062 (-12.0%), from €117,589 to €103,527
- Tax, wage and social debts -€4,882
down €4,882 (-24.3%), from €20,112 to €15,230
of which Remuneration and social security: -€3,446
- Other operating charges -€68,909
down €68,909 (-19.9%), from €345,625 to €276,717
- Staff costs -€6,881
down €6,881 (-4.9%), from €140,643 to €133,762
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.
Cash bridge derived
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 | €360,706 | €381,128 | +€20,422 | +5.7% |
| Fixed assets | 21/28 | €15,066 | €10,889 | -€4,177 | -27.7% |
| Tangible fixed assets | 22/27 | €15,066 | €10,889 | -€4,177 | -27.7% |
| Plant, machinery and equipment | 23 | €7,531 | €8,619 | +€1,087 | +14.4% |
| Furniture and vehicles | 24 | €7,535 | €2,271 | -€5,264 | -69.9% |
| Current assets | 29/58 | €345,640 | €370,239 | +€24,599 | +7.1% |
| Stocks and contracts in progress | 3 | €2,936 | €3,013 | +€77 | +2.6% |
| Stocks | 30/36 | €2,936 | €3,013 | +€77 | +2.6% |
| Amounts receivable within one year | 40/41 | €132,423 | €146,058 | +€13,635 | +10.3% |
| Trade receivables | 40 | €75,394 | €83,462 | +€8,068 | +10.7% |
| Other amounts receivable | 41 | €57,029 | €62,595 | +€5,566 | +9.8% |
| Cash at bank and in hand | 54/58 | €199,395 | €214,846 | +€15,451 | +7.7% |
| Deferred charges and accrued income | 490/1 | €10,886 | €6,321 | -€4,564 | -41.9% |
| Total equity and liabilities | 10/49 | €360,706 | €381,128 | +€20,422 | +5.7% |
| Equity | 10/15 | €116,425 | €134,799 | +€18,375 | +15.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €16,425 | €34,799 | +€18,375 | +111.9% |
| Non-distributable reserves | 130/1 | €1,752 | €2,671 | +€919 | +52.4% |
| Reserves not available under the articles | 1311 | €1,752 | €2,671 | +€919 | +52.4% |
| Distributable reserves | 133 | €14,673 | €32,129 | +€17,456 | +119.0% |
| Amounts payable | 17/49 | €244,282 | €246,329 | +€2,047 | +0.8% |
| Amounts payable within one year | 42/48 | €244,282 | €246,329 | +€2,047 | +0.8% |
| Trade debts | 44 | €117,589 | €103,527 | -€14,062 | -12.0% |
| Suppliers | 440/4 | €117,589 | €103,527 | -€14,062 | -12.0% |
| Taxes, remuneration and social security | 45 | €20,112 | €15,230 | -€4,882 | -24.3% |
| Taxes | 450/3 | €1,629 | €192 | -€1,436 | -88.2% |
| Remuneration and social security | 454/9 | €18,483 | €15,038 | -€3,446 | -18.6% |
| Other amounts payable | 47/48 | €106,581 | €127,572 | +€20,991 | +19.7% |
| Remuneration, social security and pensions | 62 | €140,643 | €133,762 | -€6,881 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,609 | €6,644 | -€2,965 | -30.9% |
| Other operating charges | 640/8 | €345,625 | €276,717 | -€68,909 | -19.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €437,043 | €436,246 | -€796 | -0.2% |
| Operating profit (loss) | 9901 | -€58,835 | €19,124 | +€77,958 | |
| Financial income | 75/76B | €17 | €132 | +€115 | +659.8% |
| Recurring financial income | 75 | €17 | €132 | +€115 | +659.8% |
| Financial charges | 65/66B | €747 | €881 | +€134 | +17.9% |
| Recurring financial charges | 65 | €747 | €881 | +€134 | +17.9% |
| Profit (loss) for the period before taxes | 9903 | -€59,564 | €18,375 | +€77,939 | |
| Income taxes | 67/77 | €32 | €0 | -€32 | -100.0% |
| Profit (loss) for the period | 9904 | -€59,596 | €18,375 | +€77,971 | |
| Profit (loss) for the period to be appropriated | 9905 | -€59,596 | €18,375 | +€77,971 |
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 10 October 2026 via checked.be.