IB Dynamics: 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.
IB Dynamics
Largest movements
- Receivables within one year +€15,529
up €15,529 (+204.4%), from €7,597 to €23,125
of which Trade receivables: +€11,509
- Cash +€13,346
up €13,346 (+12.4%), from €108,061 to €121,408
mainly Other debts (+€21,902) and Net result for the year (+€7,294)
- Other debts +€21,902
up €21,902 (+7014.1%), from €312 to €22,215
- Reserves +€7,294
up €7,294 (+22.3%), from €32,724 to €40,018
- Trade debts -€1,924
down €1,924 (-12.5%), from €15,422 to €13,497
- Gross operating margin +€637
up €637 (+5.4%), from €11,788 to €12,426
- Other operating charges -€561
down €561 (-51.5%), from €1,089 to €528
- Financial income -€463
no longer reported in 2025 (was €463)
- Financial charges -€133
no longer reported in 2025 (was €133)
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 | €123,093 | €150,668 | +€27,575 | +22.4% |
| Fixed assets | 21/28 | €7,435 | €6,135 | -€1,300 | -17.5% |
| Tangible fixed assets | 22/27 | €4,935 | €3,635 | -€1,300 | -26.3% |
| Furniture and vehicles | 24 | €389 | - | -€389 | |
| Other tangible fixed assets | 26 | €4,546 | €3,635 | -€911 | -20.0% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €115,658 | €144,533 | +€28,875 | +25.0% |
| Amounts receivable within one year | 40/41 | €7,597 | €23,125 | +€15,529 | +204.4% |
| Trade receivables | 40 | - | €11,509 | +€11,509 | |
| Other amounts receivable | 41 | €7,597 | €11,617 | +€4,020 | +52.9% |
| Cash at bank and in hand | 54/58 | €108,061 | €121,408 | +€13,346 | +12.4% |
| Total equity and liabilities | 10/49 | €123,093 | €150,668 | +€27,575 | +22.4% |
| Equity | 10/15 | €107,359 | €114,653 | +€7,294 | +6.8% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €32,724 | €40,018 | +€7,294 | +22.3% |
| Distributable reserves | 133 | €32,724 | €40,018 | +€7,294 | +22.3% |
| Profit (loss) carried forward | 14 | €67,635 | €67,635 | = | 0.0% |
| Amounts payable | 17/49 | €15,734 | €36,015 | +€20,281 | +128.9% |
| Amounts payable within one year | 42/48 | €15,734 | €36,015 | +€20,281 | +128.9% |
| Trade debts | 44 | €15,422 | €13,497 | -€1,924 | -12.5% |
| Suppliers | 440/4 | €15,422 | €13,497 | -€1,924 | -12.5% |
| Taxes, remuneration and social security | 45 | - | €303 | +€303 | |
| Taxes | 450/3 | - | €303 | +€303 | |
| Other amounts payable | 47/48 | €312 | €22,215 | +€21,902 | +7014.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,300 | €1,300 | = | 0.0% |
| Other operating charges | 640/8 | €1,089 | €528 | -€561 | -51.5% |
| Gross operating margin | 9900 | €11,788 | €12,426 | +€637 | +5.4% |
| Operating profit (loss) | 9901 | €9,399 | €10,597 | +€1,198 | +12.7% |
| Financial income | 75/76B | €463 | - | -€463 | |
| Recurring financial income | 75 | €463 | - | -€463 | |
| Financial charges | 65/66B | €133 | - | -€133 | |
| Recurring financial charges | 65 | €133 | - | -€133 | |
| Profit (loss) for the period before taxes | 9903 | €9,730 | €10,597 | +€867 | +8.9% |
| Income taxes | 67/77 | €3,219 | €3,303 | +€85 | +2.6% |
| Profit (loss) for the period | 9904 | €6,512 | €7,294 | +€782 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,512 | €7,294 | +€782 | +12.0% |
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 6 October 2026 via checked.be.