IB: 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.
What changed
IB
NACE 43.331, Floor and wall tiling
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€4,992
2024 · €8,155-€3,163
Equity
€394,067
2024 · €389,074+€4,992
Cash
€4,000
2024 · €13,763-€9,764
Balance sheet total
€1.7m
2024 · €1.6m+€44,533
Largest movements
Assets
- Stocks and contracts +€73,168
up €73,168 (+6.5%), from €1.1m to €1.2m
Equity and liabilities
- Other debts +€61,500
up €61,500 (+128%), from €48,000 to €109,500
- Debts after one year -€23,154
down €23,154 (-8.1%), from €286,862 to €263,708
of which Financial debts: -€31,654
Income statement
- Gross operating margin -€3,169
down €3,169 (-4.1%), from €77,627 to €74,458
- Financial charges -€1,816
down €1,816 (-41.4%), from €4,381 to €2,565
- Staff costs +€1,358
up €1,358 (+3.2%), from €43,092 to €44,450
- Taxes -€1,000
down €1,000 (-33.3%), from €3,003 to €2,003
- Financial income -€847
down €847 (-99.0%), from €856 to €9
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.
Result 2024
€8,155
Gross operating margin
-€3,169
Staff costs
-€1,358
Other operating charges
-€605
Financial income
-€847
Financial charges
+€1,816
Taxes
+€1,000
Result 2025
€4,992
raises the resultlowers the result
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.
From operations
+€12,768
Investment
€0
Financing
-€22,532
Cash 2024
€13,763
From operations (derived)
+€12,768
Net result for the year
+€4,992
Depreciation
+€16,634
Stocks and contracts
-€73,168
Receivables within one year
+€1,409
Deferred charges and accrued income
+€828
Trade debts
-€4,469
Tax, wage and social debts
+€2,933
Advances received
+€1,000
Other debts
+€61,500
Accrued charges and deferred income
+€1,108
Financing
-€22,532
Debts after one year
-€23,154
Current portion of long-term debt
+€622
Cash 2025
€4,000
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,628,833 | €1,673,366 | +€44,533 | +2.7% |
| Fixed assets | 21/28 | €461,715 | €445,082 | -€16,634 | -3.6% |
| Tangible fixed assets | 22/27 | €321,715 | €305,082 | -€16,634 | -5.2% |
| Land and buildings | 22 | €321,715 | €305,082 | -€16,634 | -5.2% |
| Financial fixed assets | 28 | €140,000 | €140,000 | = | 0.0% |
| Current assets | 29/58 | €1,167,117 | €1,228,285 | +€61,167 | +5.2% |
| Stocks and contracts in progress | 3 | €1,121,224 | €1,194,392 | +€73,168 | +6.5% |
| Stocks | 30/36 | €1,121,224 | €1,194,392 | +€73,168 | +6.5% |
| Amounts receivable within one year | 40/41 | €29,820 | €28,411 | -€1,409 | -4.7% |
| Trade receivables | 40 | €29,820 | €28,164 | -€1,656 | -5.6% |
| Other amounts receivable | 41 | €1 | €247 | +€247 | +32,449% |
| Cash at bank and in hand | 54/58 | €13,763 | €4,000 | -€9,764 | -70.9% |
| Deferred charges and accrued income | 490/1 | €2,310 | €1,481 | -€828 | -35.9% |
| Total equity and liabilities | 10/49 | €1,628,833 | €1,673,366 | +€44,533 | +2.7% |
| Equity | 10/15 | €389,074 | €394,067 | +€4,992 | +1.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €325,137 | €325,137 | = | 0.0% |
| Distributable reserves | 133 | €325,137 | €325,137 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,938 | €38,930 | +€4,992 | +14.7% |
| Amounts payable | 17/49 | €1,239,758 | €1,279,299 | +€39,541 | +3.2% |
| Amounts payable after more than one year | 17 | €286,862 | €263,708 | -€23,154 | -8.1% |
| Financial debts | 170/4 | €87,646 | €55,992 | -€31,654 | -36.1% |
| Other amounts payable | 178/9 | €199,216 | €207,716 | +€8,500 | +4.3% |
| Amounts payable within one year | 42/48 | €949,694 | €1,011,280 | +€61,586 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €31,032 | €31,654 | +€622 | +2.0% |
| Financial debts | 43 | €848,000 | €848,000 | = | 0.0% |
| Credit institutions | 430/8 | €848,000 | €848,000 | = | 0.0% |
| Trade debts | 44 | €13,430 | €8,962 | -€4,469 | -33.3% |
| Suppliers | 440/4 | €13,430 | €8,962 | -€4,469 | -33.3% |
| Advances received on contracts in progress | 46 | - | €1,000 | +€1,000 | |
| Taxes, remuneration and social security | 45 | €9,232 | €12,165 | +€2,933 | +31.8% |
| Taxes | 450/3 | €3,687 | €3,832 | +€144 | +3.9% |
| Remuneration and social security | 454/9 | €5,545 | €8,334 | +€2,789 | +50.3% |
| Other amounts payable | 47/48 | €48,000 | €109,500 | +€61,500 | +128% |
| Accrued charges and deferred income | 492/3 | €3,202 | €4,311 | +€1,108 | +34.6% |
| Remuneration, social security and pensions | 62 | €43,092 | €44,450 | +€1,358 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,634 | €16,634 | = | 0.0% |
| Other operating charges | 640/8 | €3,218 | €3,823 | +€605 | +18.8% |
| Gross operating margin | 9900 | €77,627 | €74,458 | -€3,169 | -4.1% |
| Operating profit (loss) | 9901 | €14,683 | €9,552 | -€5,131 | -34.9% |
| Financial income | 75/76B | €856 | €9 | -€847 | -99.0% |
| Recurring financial income | 75 | €856 | €9 | -€847 | -99.0% |
| Financial charges | 65/66B | €4,381 | €2,565 | -€1,816 | -41.4% |
| Recurring financial charges | 65 | €4,381 | €2,565 | -€1,816 | -41.4% |
| Profit (loss) for the period before taxes | 9903 | €11,158 | €6,995 | -€4,163 | -37.3% |
| Income taxes | 67/77 | €3,003 | €2,003 | -€1,000 | -33.3% |
| Profit (loss) for the period | 9904 | €8,155 | €4,992 | -€3,163 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,155 | €4,992 | -€3,163 | -38.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.