I.B.C. 2000: 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.
I.B.C. 2000
Largest movements
- Tangible fixed assets -€36,987
down €36,987 (-8.2%), from €448,394 to €411,407
of which Plant, machinery and equipment: -€22,819
- Receivables within one year -€33,953
down €33,953 (-38.3%), from €88,578 to €54,625
of which Trade receivables: -€35,216
- Cash +€15,043
up €15,043 (+78.4%), from €19,191 to €34,235
mainly Net result for the year (+€47,835) and Depreciation (+€36,987)
- Debts after one year -€37,253
down €37,253 (-22.7%), from €164,391 to €127,138
- Reserves +€23,835
up €23,835 (+26.3%), from €90,546 to €114,381
of which Distributable reserves: +€23,835
- Tax, wage and social debts -€19,855
down €19,855 (-43.3%), from €45,891 to €26,036
of which Taxes: -€19,281
- Other debts -€14,182
down €14,182 (-23.1%), from €61,261 to €47,079
- Trade debts -€10,676
down €10,676 (-28.2%), from €37,835 to €27,158
- Depreciation -€29,169
down €29,169 (-44.1%), from €66,157 to €36,987
- Taxes -€15,278
down €15,278 (-49.8%), from €30,677 to €15,399
- Gross operating margin +€13,434
up €13,434 (+12.4%), from €108,536 to €121,970
- Staff costs +€2,099
up €2,099 (+23.5%), from €8,931 to €11,029
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €560,876 | €505,468 | -€55,407 | -9.9% |
| Fixed assets | 21/28 | €448,394 | €411,407 | -€36,987 | -8.2% |
| Tangible fixed assets | 22/27 | €448,394 | €411,407 | -€36,987 | -8.2% |
| Land and buildings | 22 | €291,918 | €287,927 | -€3,991 | -1.4% |
| Plant, machinery and equipment | 23 | €55,302 | €32,482 | -€22,819 | -41.3% |
| Furniture and vehicles | 24 | €81,817 | €71,640 | -€10,177 | -12.4% |
| Leasing and similar rights | 25 | €19,357 | €19,357 | = | 0.0% |
| Current assets | 29/58 | €112,482 | €94,062 | -€18,420 | -16.4% |
| Amounts receivable within one year | 40/41 | €88,578 | €54,625 | -€33,953 | -38.3% |
| Trade receivables | 40 | €86,198 | €50,981 | -€35,216 | -40.9% |
| Other amounts receivable | 41 | €2,381 | €3,644 | +€1,263 | +53.1% |
| Cash at bank and in hand | 54/58 | €19,191 | €34,235 | +€15,043 | +78.4% |
| Deferred charges and accrued income | 490/1 | €4,713 | €5,202 | +€489 | +10.4% |
| Total equity and liabilities | 10/49 | €560,876 | €505,468 | -€55,407 | -9.9% |
| Equity | 10/15 | €191,042 | €214,878 | +€23,835 | +12.5% |
| Contributions | 10/11 | €27,550 | €27,550 | = | 0.0% |
| Reserves | 13 | €90,546 | €114,381 | +€23,835 | +26.3% |
| Non-distributable reserves | 130/1 | €3,303 | €3,303 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,303 | €3,303 | = | 0.0% |
| Distributable reserves | 133 | €87,242 | €111,078 | +€23,835 | +27.3% |
| Profit (loss) carried forward | 14 | €72,947 | €72,947 | = | 0.0% |
| Amounts payable | 17/49 | €369,834 | €290,591 | -€79,243 | -21.4% |
| Amounts payable after more than one year | 17 | €164,391 | €127,138 | -€37,253 | -22.7% |
| Financial debts | 170/4 | €164,391 | €127,138 | -€37,253 | -22.7% |
| Amounts payable within one year | 42/48 | €205,442 | €161,053 | -€44,390 | -21.6% |
| Current portion of amounts payable after more than one year | 42 | €36,929 | €37,253 | +€324 | +0.9% |
| Trade debts | 44 | €37,835 | €27,158 | -€10,676 | -28.2% |
| Suppliers | 440/4 | €37,835 | €27,158 | -€10,676 | -28.2% |
| Advances received on contracts in progress | 46 | €23,527 | €23,527 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €45,891 | €26,036 | -€19,855 | -43.3% |
| Taxes | 450/3 | €44,037 | €24,756 | -€19,281 | -43.8% |
| Remuneration and social security | 454/9 | €1,853 | €1,279 | -€574 | -31.0% |
| Other amounts payable | 47/48 | €61,261 | €47,079 | -€14,182 | -23.1% |
| Accrued charges and deferred income | 492/3 | - | €2,400 | +€2,400 | |
| Remuneration, social security and pensions | 62 | €8,931 | €11,029 | +€2,099 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,157 | €36,987 | -€29,169 | -44.1% |
| Other operating charges | 640/8 | €5,003 | €5,766 | +€763 | +15.2% |
| Gross operating margin | 9900 | €108,536 | €121,970 | +€13,434 | +12.4% |
| Operating profit (loss) | 9901 | €28,445 | €68,188 | +€39,743 | +140% |
| Financial income | 75/76B | €0 | €636 | +€636 | +167,347% |
| Recurring financial income | 75 | €0 | €636 | +€636 | +167,347% |
| Financial charges | 65/66B | €5,451 | €5,590 | +€139 | +2.6% |
| Recurring financial charges | 65 | €5,451 | €5,590 | +€139 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €22,994 | €63,234 | +€40,239 | +175% |
| Income taxes | 67/77 | €30,677 | €15,399 | -€15,278 | -49.8% |
| Profit (loss) for the period | 9904 | -€7,682 | €47,835 | +€55,518 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,682 | €47,835 | +€55,518 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.