I-BRIDGE: what changed
Two fiscal 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-BRIDGE
Largest movements
- Cash -€43,485
down €43,485 (-66.4%), from €65,533 to €22,048
mainly Investment in fixed assets (net) (-€38,147) and Contributions, distributions and other (-€30,000)
- Tangible fixed assets +€30,773
up €30,773 (+121.0%), from €25,438 to €56,211
of which Furniture and vehicles: +€24,534
- Receivables within one year +€8,078
up €8,078 (+9.6%), from €84,042 to €92,120
of which Trade receivables: +€36,078
- Reserves -€28,161
down €28,161 (-20.5%), from €137,240 to €109,079
of which Distributable reserves: -€28,161
- Other debts +€25,596
up €25,596 (+236.2%), from €10,836 to €36,432
- Tax, wage and social debts -€1,933
down €1,933 (-12.6%), from €15,377 to €13,444
of which Taxes: -€1,933
- Trade debts -€1,818
down €1,818 (-28.6%), from €6,361 to €4,542
- Gross operating margin +€74,258
up €74,258, from -€38,167 to €36,091
- Write-downs +€25,000
new in 2025: €25,000
- Financial income -€2,752
down €2,752 (-100.0%), from €2,752 to €0
- Depreciation +€1,066
up €1,066 (+16.9%), from €6,308 to €7,374
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 | €176,014 | €171,379 | -€4,634 | -2.6% |
| Fixed assets | 21/28 | €26,438 | €57,211 | +€30,773 | +116.4% |
| Tangible fixed assets | 22/27 | €25,438 | €56,211 | +€30,773 | +121.0% |
| Land and buildings | 22 | €12,500 | €12,500 | = | 0.0% |
| Plant, machinery and equipment | 23 | €4,693 | €10,932 | +€6,239 | +132.9% |
| Furniture and vehicles | 24 | €8,245 | €32,779 | +€24,534 | +297.6% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €149,575 | €114,168 | -€35,407 | -23.7% |
| Amounts receivable within one year | 40/41 | €84,042 | €92,120 | +€8,078 | +9.6% |
| Trade receivables | 40 | €21,562 | €57,640 | +€36,078 | +167.3% |
| Other amounts receivable | 41 | €62,480 | €34,480 | -€28,000 | -44.8% |
| Cash at bank and in hand | 54/58 | €65,533 | €22,048 | -€43,485 | -66.4% |
| Total equity and liabilities | 10/49 | €176,014 | €171,379 | -€4,634 | -2.6% |
| Equity | 10/15 | €143,440 | €115,279 | -€28,161 | -19.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €137,240 | €109,079 | -€28,161 | -20.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,399 | €21,399 | = | 0.0% |
| Distributable reserves | 133 | €113,981 | €85,819 | -€28,161 | -24.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €32,574 | €56,101 | +€23,527 | +72.2% |
| Amounts payable within one year | 42/48 | €32,574 | €56,101 | +€23,527 | +72.2% |
| Financial debts | 43 | - | €1,682 | +€1,682 | |
| Credit institutions | 430/8 | - | €1,682 | +€1,682 | |
| Trade debts | 44 | €6,361 | €4,542 | -€1,818 | -28.6% |
| Suppliers | 440/4 | €6,361 | €4,542 | -€1,818 | -28.6% |
| Taxes, remuneration and social security | 45 | €15,377 | €13,444 | -€1,933 | -12.6% |
| Taxes | 450/3 | €15,377 | €13,444 | -€1,933 | -12.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €10,836 | €36,432 | +€25,596 | +236.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,308 | €7,374 | +€1,066 | +16.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €25,000 | +€25,000 | |
| Other operating charges | 640/8 | €685 | €555 | -€130 | -18.9% |
| Gross operating margin | 9900 | -€38,167 | €36,091 | +€74,258 | |
| Operating profit (loss) | 9901 | -€45,159 | €3,162 | +€48,322 | |
| Financial income | 75/76B | €2,752 | €0 | -€2,752 | -100.0% |
| Recurring financial income | 75 | €2,752 | €0 | -€2,752 | -100.0% |
| Financial charges | 65/66B | €513 | €880 | +€367 | +71.7% |
| Recurring financial charges | 65 | €513 | €880 | +€367 | +71.7% |
| Profit (loss) for the period before taxes | 9903 | -€42,920 | €2,282 | +€45,203 | |
| Income taxes | 67/77 | €260 | €444 | +€184 | +70.7% |
| Profit (loss) for the period | 9904 | -€43,180 | €1,839 | +€45,019 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,180 | €1,839 | +€45,019 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.