I.B.S. Group: 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. Group
Largest movements
- Current investments +€65,000
up €65,000 (+186%), from €35,000 to €100,000
- Tangible fixed assets +€54,540
up €54,540 (+60.9%), from €89,545 to €144,085
of which Furniture and vehicles: +€51,346
- Deferred charges and accrued income +€11,327
new in 2025: €11,327
- Other debts +€70,000
new in 2025: €70,000
- Debts after one year +€38,619
up €38,619 (+57.7%), from €66,934 to €105,553
- Reserves +€26,217
up €26,217 (+45.1%), from €58,181 to €84,398
- Trade debts -€19,078
down €19,078 (-91.2%), from €20,914 to €1,836
- Tax, wage and social debts +€9,976
up €9,976 (+76.6%), from €13,028 to €23,004
of which Remuneration and social security: +€8,539
- Gross operating margin +€40,151
up €40,151 (+14.2%), from €282,348 to €322,499
- Other operating charges -€39,410
down €39,410 (-95.9%), from €41,076 to €1,666
- Taxes +€21,584
up €21,584 (+163%), from €13,251 to €34,835
- Staff costs +€18,545
up €18,545 (+13.0%), from €142,289 to €160,834
- Depreciation -€3,328
down €3,328 (-12.0%), from €27,628 to €24,300
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 | €190,653 | €322,297 | +€131,644 | +69.0% |
| Fixed assets | 21/28 | €89,545 | €144,085 | +€54,540 | +60.9% |
| Tangible fixed assets | 22/27 | €89,545 | €144,085 | +€54,540 | +60.9% |
| Land and buildings | 22 | €8,167 | €7,727 | -€440 | -5.4% |
| Plant, machinery and equipment | 23 | €3,303 | €6,937 | +€3,635 | +110% |
| Furniture and vehicles | 24 | €78,076 | €129,421 | +€51,346 | +65.8% |
| Current assets | 29/58 | €101,108 | €178,212 | +€77,104 | +76.3% |
| Amounts receivable within one year | 40/41 | €37,511 | €38,087 | +€576 | +1.5% |
| Trade receivables | 40 | €19,027 | €24,544 | +€5,517 | +29.0% |
| Other amounts receivable | 41 | €18,484 | €13,543 | -€4,941 | -26.7% |
| Current investments | 50/53 | €35,000 | €100,000 | +€65,000 | +186% |
| Cash at bank and in hand | 54/58 | €28,597 | €28,798 | +€201 | +0.7% |
| Deferred charges and accrued income | 490/1 | - | €11,327 | +€11,327 | |
| Total equity and liabilities | 10/49 | €190,653 | €322,297 | +€131,644 | +69.0% |
| Equity | 10/15 | €64,181 | €90,398 | +€26,217 | +40.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €58,181 | €84,398 | +€26,217 | +45.1% |
| Distributable reserves | 133 | €58,181 | €84,398 | +€26,217 | +45.1% |
| Amounts payable | 17/49 | €126,473 | €231,899 | +€105,426 | +83.4% |
| Amounts payable after more than one year | 17 | €66,934 | €105,553 | +€38,619 | +57.7% |
| Financial debts | 170/4 | €66,934 | €105,553 | +€38,619 | +57.7% |
| Amounts payable within one year | 42/48 | €59,539 | €126,346 | +€66,807 | +112% |
| Current portion of amounts payable after more than one year | 42 | €25,597 | €31,506 | +€5,909 | +23.1% |
| Trade debts | 44 | €20,914 | €1,836 | -€19,078 | -91.2% |
| Suppliers | 440/4 | €20,914 | €1,836 | -€19,078 | -91.2% |
| Taxes, remuneration and social security | 45 | €13,028 | €23,004 | +€9,976 | +76.6% |
| Taxes | 450/3 | €2,521 | €3,958 | +€1,437 | +57.0% |
| Remuneration and social security | 454/9 | €10,507 | €19,046 | +€8,539 | +81.3% |
| Other amounts payable | 47/48 | - | €70,000 | +€70,000 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €142,289 | €160,834 | +€18,545 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,628 | €24,300 | -€3,328 | -12.0% |
| Other operating charges | 640/8 | €41,076 | €1,666 | -€39,410 | -95.9% |
| Non-recurring operating charges | 66A | - | €398 | +€398 | |
| Gross operating margin | 9900 | €282,348 | €322,499 | +€40,151 | +14.2% |
| Operating profit (loss) | 9901 | €71,355 | €135,300 | +€63,945 | +89.6% |
| Financial income | 75/76B | €134 | €1,652 | +€1,517 | +1,129% |
| Recurring financial income | 75 | €134 | €1,652 | +€1,517 | +1,129% |
| Financial charges | 65/66B | €8,692 | €5,899 | -€2,793 | -32.1% |
| Recurring financial charges | 65 | €8,692 | €5,899 | -€2,793 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €62,797 | €131,053 | +€68,256 | +109% |
| Income taxes | 67/77 | €13,251 | €34,835 | +€21,584 | +163% |
| Profit (loss) for the period | 9904 | €49,546 | €96,217 | +€46,671 | +94.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,546 | €96,217 | +€46,671 | +94.2% |
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 29 October 2026 via checked.be.