IB FINANCIAL SERVICES: 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.
IB FINANCIAL SERVICES
Largest movements
- Receivables within one year +€61,211
up €61,211 (+122%), from €50,344 to €111,555
of which Other amounts receivable: +€73,483
- Cash -€19,650
down €19,650 (-67.8%), from €29,000 to €9,350
mainly Contributions, distributions and other (-€104,318) and Receivables within one year (-€61,211)
- Tangible fixed assets -€3,660
down €3,660 (-25.8%), from €14,179 to €10,519
of which Other tangible fixed assets: -€2,535
- Deferred charges and accrued income +€2,469
up €2,469 (+81.1%), from €3,044 to €5,513
- Other debts +€84,318
up €84,318 (+422%), from €20,000 to €104,318
- Profit (loss) carried forward -€41,170
down €41,170 (-100%), from €41,170 to €0
- Tax, wage and social debts -€6,445
down €6,445 (-46.1%), from €13,986 to €7,541
of which Taxes: -€8,174
- Trade debts +€3,707
up €3,707 (+338%), from €1,097 to €4,805
- Staff costs +€9,614
up €9,614 (+21.2%), from €45,423 to €55,037
- Gross operating margin +€7,243
up €7,243 (+5.6%), from €129,786 to €137,030
- Financial income +€3,999
new in 2025: €3,999
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 | €96,842 | €137,211 | +€40,369 | +41.7% |
| Fixed assets | 21/28 | €14,454 | €10,794 | -€3,660 | -25.3% |
| Tangible fixed assets | 22/27 | €14,179 | €10,519 | -€3,660 | -25.8% |
| Furniture and vehicles | 24 | €1,125 | €0 | -€1,125 | -100% |
| Other tangible fixed assets | 26 | €13,054 | €10,519 | -€2,535 | -19.4% |
| Financial fixed assets | 28 | €275 | €275 | = | 0.0% |
| Current assets | 29/58 | €82,388 | €126,417 | +€44,029 | +53.4% |
| Amounts receivable within one year | 40/41 | €50,344 | €111,555 | +€61,211 | +122% |
| Trade receivables | 40 | €20,000 | €7,728 | -€12,272 | -61.4% |
| Other amounts receivable | 41 | €30,344 | €103,827 | +€73,483 | +242% |
| Cash at bank and in hand | 54/58 | €29,000 | €9,350 | -€19,650 | -67.8% |
| Deferred charges and accrued income | 490/1 | €3,044 | €5,513 | +€2,469 | +81.1% |
| Total equity and liabilities | 10/49 | €96,842 | €137,211 | +€40,369 | +41.7% |
| Equity | 10/15 | €61,630 | €20,460 | -€41,170 | -66.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,170 | €0 | -€41,170 | -100% |
| Amounts payable | 17/49 | €35,212 | €116,751 | +€81,539 | +232% |
| Amounts payable within one year | 42/48 | €35,083 | €116,663 | +€81,580 | +233% |
| Trade debts | 44 | €1,097 | €4,805 | +€3,707 | +338% |
| Suppliers | 440/4 | €1,097 | €4,805 | +€3,707 | +338% |
| Taxes, remuneration and social security | 45 | €13,986 | €7,541 | -€6,445 | -46.1% |
| Taxes | 450/3 | €8,174 | €0 | -€8,174 | -100% |
| Remuneration and social security | 454/9 | €5,812 | €7,541 | +€1,729 | +29.7% |
| Other amounts payable | 47/48 | €20,000 | €104,318 | +€84,318 | +422% |
| Accrued charges and deferred income | 492/3 | €129 | €88 | -€41 | -32.0% |
| Remuneration, social security and pensions | 62 | €45,423 | €55,037 | +€9,614 | +21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,844 | €3,660 | -€184 | -4.8% |
| Other operating charges | 640/8 | €1,159 | €1,188 | +€30 | +2.6% |
| Gross operating margin | 9900 | €129,786 | €137,030 | +€7,243 | +5.6% |
| Operating profit (loss) | 9901 | €79,361 | €77,144 | -€2,217 | -2.8% |
| Financial income | 75/76B | - | €3,999 | +€3,999 | |
| Recurring financial income | 75 | - | €3,999 | +€3,999 | |
| Financial charges | 65/66B | €253 | €601 | +€348 | +137% |
| Recurring financial charges | 65 | €253 | €601 | +€348 | +137% |
| Profit (loss) for the period before taxes | 9903 | €79,108 | €80,542 | +€1,435 | +1.8% |
| Income taxes | 67/77 | €18,174 | €17,394 | -€780 | -4.3% |
| Profit (loss) for the period | 9904 | €60,934 | €63,148 | +€2,214 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €60,934 | €63,148 | +€2,214 | +3.6% |
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 25 October 2026 via checked.be.