IBAC: 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.
IBAC
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Turnover -€1,895
down €1,895 (-5.7%), from €33,446 to €31,551
- Purchases and services -€1,315
down €1,315 (-13.6%), from €9,689 to €8,374
- Other operating charges -€1,194
down €1,194 (-24.9%), from €4,797 to €3,603
- Depreciation +€670
up €670 (+22.2%), from €3,018 to €3,688
- Taxes +€623
up €623 (+18.6%), from €3,351 to €3,974
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 | €101,388 | €101,466 | +€78 | +0.1% |
| Fixed assets | 21/28 | €25,839 | €25,499 | -€340 | -1.3% |
| Tangible fixed assets | 22/27 | €25,839 | €25,499 | -€340 | -1.3% |
| Land and buildings | 22 | €25,839 | €25,260 | -€579 | -2.2% |
| Plant, machinery and equipment | 23 | €0 | €239 | +€239 | |
| Current assets | 29/58 | €75,549 | €75,967 | +€418 | +0.6% |
| Amounts receivable within one year | 40/41 | €185 | - | -€185 | |
| Other amounts receivable | 41 | €185 | - | -€185 | |
| Current investments | 50/53 | €2,455 | €2,455 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €72,909 | €73,512 | +€603 | +0.8% |
| Total equity and liabilities | 10/49 | €101,388 | €101,466 | +€78 | +0.1% |
| Equity | 10/15 | €97,988 | €98,040 | +€52 | +0.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,718 | €3,718 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,859 | +€1,859 | |
| Other | 1319 | - | €1,859 | +€1,859 | |
| Distributable reserves | 133 | €3,718 | €1,859 | -€1,859 | -50.0% |
| Profit (loss) carried forward | 14 | €75,678 | €75,730 | +€52 | +0.1% |
| Amounts payable | 17/49 | €3,400 | €3,426 | +€26 | +0.8% |
| Amounts payable after more than one year | 17 | €3,400 | €3,400 | = | 0.0% |
| Other amounts payable | 178/9 | €3,400 | €3,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | - | €26 | +€26 | |
| Trade debts | 44 | - | €26 | +€26 | |
| Suppliers | 440/4 | - | €26 | +€26 | |
| Turnover | 70 | €33,446 | €31,551 | -€1,895 | -5.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,689 | €8,374 | -€1,315 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,018 | €3,688 | +€670 | +22.2% |
| Other operating charges | 640/8 | €4,797 | €3,603 | -€1,194 | -24.9% |
| Gross operating margin | 9900 | €23,757 | €23,177 | -€580 | -2.4% |
| Operating profit (loss) | 9901 | €15,942 | €15,886 | -€56 | -0.4% |
| Financial income | 75/76B | - | €185 | +€185 | |
| Recurring financial income | 75 | - | €185 | +€185 | |
| Non-recurring financial income | 76B | - | €185 | +€185 | |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Non-recurring financial charges | 66B | €45 | - | -€45 | |
| Profit (loss) for the period before taxes | 9903 | €15,897 | €16,026 | +€129 | +0.8% |
| Income taxes | 67/77 | €3,351 | €3,974 | +€623 | +18.6% |
| Profit (loss) for the period | 9904 | €12,546 | €12,052 | -€494 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,546 | €12,052 | -€494 | -3.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.