I&B Concern: 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 Concern
Largest movements
- Receivables within one year +€21,113
up €21,113 (+126%), from €16,736 to €37,849
of which Trade receivables: +€19,240
- Cash +€12,143
up €12,143 (+133%), from €9,132 to €21,275
mainly Net result for the year (+€36,885) and Depreciation (+€10,712)
- Tangible fixed assets -€2,187
down €2,187 (-11.0%), from €19,835 to €17,648
of which Plant, machinery and equipment: -€4,586
- Reserves +€21,885
new in 2025: €21,885
- Trade debts +€6,478
up €6,478 (+129%), from €5,039 to €11,517
- Tax, wage and social debts +€5,485
up €5,485 (+36.8%), from €14,923 to €20,408
of which Taxes: +€2,866
- Other debts -€3,654
down €3,654 (-19.6%), from €18,654 to €15,000
- Accrued charges and deferred income +€876
new in 2025: €876
- Gross operating margin +€54,106
up €54,106 (+412%), from €13,132 to €67,238
- Taxes +€11,685
up €11,685, from -€1,936 to €9,749
- Staff costs +€5,212
up €5,212 (+344%), from €1,515 to €6,726
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 | €48,244 | €79,313 | +€31,070 | +64.4% |
| Fixed assets | 21/28 | €22,376 | €20,189 | -€2,187 | -9.8% |
| Tangible fixed assets | 22/27 | €19,835 | €17,648 | -€2,187 | -11.0% |
| Plant, machinery and equipment | 23 | €14,514 | €9,928 | -€4,586 | -31.6% |
| Furniture and vehicles | 24 | €5,320 | €7,720 | +€2,399 | +45.1% |
| Financial fixed assets | 28 | €2,541 | €2,541 | = | 0.0% |
| Current assets | 29/58 | €25,868 | €59,125 | +€33,257 | +129% |
| Amounts receivable within one year | 40/41 | €16,736 | €37,849 | +€21,113 | +126% |
| Trade receivables | 40 | €16,736 | €35,976 | +€19,240 | +115% |
| Other amounts receivable | 41 | - | €1,873 | +€1,873 | |
| Cash at bank and in hand | 54/58 | €9,132 | €21,275 | +€12,143 | +133% |
| Total equity and liabilities | 10/49 | €48,244 | €79,313 | +€31,070 | +64.4% |
| Equity | 10/15 | €9,628 | €31,513 | +€21,885 | +227% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | - | €21,885 | +€21,885 | |
| Distributable reserves | 133 | - | €21,885 | +€21,885 | |
| Profit (loss) carried forward | 14 | €2,628 | €2,628 | -€0 | 0.0% |
| Amounts payable | 17/49 | €38,616 | €47,801 | +€9,185 | +23.8% |
| Amounts payable within one year | 42/48 | €38,616 | €46,925 | +€8,309 | +21.5% |
| Trade debts | 44 | €5,039 | €11,517 | +€6,478 | +129% |
| Suppliers | 440/4 | €5,039 | €11,517 | +€6,478 | +129% |
| Taxes, remuneration and social security | 45 | €14,923 | €20,408 | +€5,485 | +36.8% |
| Taxes | 450/3 | €14,923 | €17,789 | +€2,866 | +19.2% |
| Remuneration and social security | 454/9 | - | €2,619 | +€2,619 | |
| Other amounts payable | 47/48 | €18,654 | €15,000 | -€3,654 | -19.6% |
| Accrued charges and deferred income | 492/3 | - | €876 | +€876 | |
| Non-recurring operating income | 76A | €11,791 | - | -€11,791 | |
| Remuneration, social security and pensions | 62 | €1,515 | €6,726 | +€5,212 | +344% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,462 | €10,712 | +€250 | +2.4% |
| Other operating charges | 640/8 | €1,175 | €979 | -€195 | -16.6% |
| Non-recurring operating charges | 66A | - | €29 | +€29 | |
| Gross operating margin | 9900 | €13,132 | €67,238 | +€54,106 | +412% |
| Operating profit (loss) | 9901 | -€19 | €48,792 | +€48,811 | |
| Financial income | 75/76B | €11 | €138 | +€126 | +1,106% |
| Recurring financial income | 75 | €11 | €138 | +€126 | +1,106% |
| Financial charges | 65/66B | €1,701 | €2,296 | +€594 | +34.9% |
| Recurring financial charges | 65 | €1,701 | €2,296 | +€594 | +34.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,709 | €46,634 | +€48,342 | |
| Income taxes | 67/77 | -€1,936 | €9,749 | +€11,685 | |
| Profit (loss) for the period | 9904 | €228 | €36,885 | +€36,657 | +16,111% |
| Profit (loss) for the period to be appropriated | 9905 | €228 | €36,885 | +€36,657 | +16,111% |
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 14 October 2026 via checked.be.