I.B.S.: 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.S.
Largest movements
- Tangible fixed assets -€453
down €453 (-1.7%), from €26,832 to €26,378
of which Plant, machinery and equipment: -€256
- Cash +€438
up €438 (+400.5%), from €109 to €548
mainly Other debts (+€7,023) and Depreciation (+€453)
- Other debts +€7,023
up €7,023 (+54.6%), from €12,863 to €19,887
- Reserves -€7,015
down €7,015 (-87.4%), from €8,028 to €1,012
- Gross operating margin -€1,337
down €1,337 (-49.3%), from -€2,710 to -€4,048
- Other operating charges +€113
up €113 (+4.8%), from €2,329 to €2,442
- Depreciation -€62
down €62 (-12.0%), from €515 to €453
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 | €27,301 | €27,293 | -€8 | 0.0% |
| Fixed assets | 21/28 | €26,832 | €26,378 | -€453 | -1.7% |
| Tangible fixed assets | 22/27 | €26,832 | €26,378 | -€453 | -1.7% |
| Land and buildings | 22 | €26,575 | €26,378 | -€197 | -0.7% |
| Plant, machinery and equipment | 23 | €256 | - | -€256 | |
| Current assets | 29/58 | €469 | €915 | +€446 | +95.0% |
| Cash at bank and in hand | 54/58 | €109 | €548 | +€438 | +400.5% |
| Deferred charges and accrued income | 490/1 | €360 | €367 | +€7 | +2.1% |
| Total equity and liabilities | 10/49 | €27,301 | €27,293 | -€8 | 0.0% |
| Equity | 10/15 | €14,383 | €7,368 | -€7,015 | -48.8% |
| Contributions | 10/11 | €6,355 | €6,355 | = | 0.0% |
| Reserves | 13 | €8,028 | €1,012 | -€7,015 | -87.4% |
| Distributable reserves | 133 | €8,028 | €1,012 | -€7,015 | -87.4% |
| Amounts payable | 17/49 | €12,918 | €19,925 | +€7,007 | +54.2% |
| Amounts payable within one year | 42/48 | €12,918 | €19,925 | +€7,007 | +54.2% |
| Trade debts | 44 | €55 | €39 | -€16 | -28.8% |
| Suppliers | 440/4 | €55 | €39 | -€16 | -28.8% |
| Other amounts payable | 47/48 | €12,863 | €19,887 | +€7,023 | +54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €515 | €453 | -€62 | -12.0% |
| Other operating charges | 640/8 | €2,329 | €2,442 | +€113 | +4.8% |
| Non-recurring operating charges | 66A | €1,251 | - | -€1,251 | |
| Gross operating margin | 9900 | -€2,710 | -€4,048 | -€1,337 | -49.3% |
| Operating profit (loss) | 9901 | -€6,805 | -€6,943 | -€138 | -2.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.3% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,873 | -€7,015 | -€143 | -2.1% |
| Profit (loss) for the period | 9904 | -€6,873 | -€7,015 | -€143 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,873 | -€7,015 | -€143 | -2.1% |
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.