I.B.L.: 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.L.
Largest movements
- Cash -€16,440
down €16,440 (-75.7%), from €21,704 to €5,263
mainly Debts after one year (-€7,791) and Other debts (-€7,457)
- Debts after one year -€7,791
down €7,791 (-7.8%), from €100,000 to €92,209
- Other debts -€7,457
down €7,457 (-100%), from €7,457 to €0
- Financial charges +€383
up €383 (+5.6%), from €6,790 to €7,172
- Gross operating margin -€187
down €187 (-2.6%), from €7,179 to €6,992
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 | €147,433 | €130,993 | -€16,440 | -11.2% |
| Fixed assets | 21/28 | €124,901 | €124,901 | = | 0.0% |
| Tangible fixed assets | 22/27 | €124,901 | €124,901 | = | 0.0% |
| Land and buildings | 22 | €124,901 | €124,901 | = | 0.0% |
| Current assets | 29/58 | €22,532 | €6,092 | -€16,440 | -73.0% |
| Amounts receivable within one year | 40/41 | €829 | €829 | = | 0.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €829 | €829 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,704 | €5,263 | -€16,440 | -75.7% |
| Total equity and liabilities | 10/49 | €147,433 | €130,993 | -€16,440 | -11.2% |
| Equity | 10/15 | €32,087 | €31,224 | -€863 | -2.7% |
| Contributions | 10/11 | €86,750 | €86,750 | = | 0.0% |
| Capital | 10 | €86,750 | €86,750 | = | 0.0% |
| Issued capital | 100 | €86,750 | €86,750 | = | 0.0% |
| Revaluation surpluses | 12 | €13 | €0 | -€13 | -100% |
| Reserves | 13 | €4,403 | €4,416 | +€13 | +0.3% |
| Non-distributable reserves | 130/1 | €2,133 | €2,133 | = | 0.0% |
| Legal reserve | 130 | €2,133 | €2,133 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,270 | €0 | -€2,270 | -100% |
| Distributable reserves | 133 | - | €2,283 | +€2,283 | |
| Profit (loss) carried forward | 14 | -€59,079 | -€59,942 | -€863 | -1.5% |
| Amounts payable | 17/49 | €115,346 | €99,769 | -€15,577 | -13.5% |
| Amounts payable after more than one year | 17 | €100,000 | €92,209 | -€7,791 | -7.8% |
| Financial debts | 170/4 | €100,000 | €92,209 | -€7,791 | -7.8% |
| Amounts payable within one year | 42/48 | €8,556 | €387 | -€8,169 | -95.5% |
| Trade debts | 44 | €1,100 | €387 | -€712 | -64.8% |
| Suppliers | 440/4 | €1,100 | €387 | -€712 | -64.8% |
| Other amounts payable | 47/48 | €7,457 | €0 | -€7,457 | -100% |
| Accrued charges and deferred income | 492/3 | €6,790 | €7,172 | +€383 | +5.6% |
| Other operating charges | 640/8 | €667 | €683 | +€16 | +2.4% |
| Gross operating margin | 9900 | €7,179 | €6,992 | -€187 | -2.6% |
| Operating profit (loss) | 9901 | €6,512 | €6,309 | -€203 | -3.1% |
| Financial charges | 65/66B | €6,790 | €7,172 | +€383 | +5.6% |
| Recurring financial charges | 65 | €6,790 | €7,172 | +€383 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | -€278 | -€863 | -€586 | -211% |
| Profit (loss) for the period | 9904 | -€278 | -€863 | -€586 | -211% |
| Transfer from tax-exempt reserves | 789 | - | €2,270 | +€2,270 | |
| Profit (loss) for the period to be appropriated | 9905 | -€278 | €1,407 | +€1,685 |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.