IBALI: 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.
IBALI
Largest movements
- Tangible fixed assets -€17,046
down €17,046 (-13.7%), from €124,389 to €107,343
of which Land and buildings: -€15,957
- Receivables within one year -€3,372
down €3,372 (-84.8%), from €3,976 to €604
of which Trade receivables: -€2,850
- Profit (loss) carried forward -€13,578
down €13,578 (-12.7%), from €107,301 to €93,723
- Trade debts -€3,124
down €3,124 (-65.4%), from €4,778 to €1,654
- Accrued charges and deferred income -€2,005
no longer reported in 2024 (was €2,005)
- Depreciation +€12,596
up €12,596 (+221.6%), from €5,685 to €18,281
- Turnover -€9,148
down €9,148 (-18.0%), from €50,758 to €41,611
- Other operating charges -€6,162
down €6,162 (-21.6%), from €28,546 to €22,384
- Gross operating margin -€5,099
down €5,099 (-15.7%), from €32,386 to €27,287
- Purchases and services -€4,048
down €4,048 (-22.0%), from €18,372 to €14,324
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €163,714 | €144,591 | -€19,123 | -11.7% |
| Formation expenses | 20 | €658 | €585 | -€73 | -11.1% |
| Fixed assets | 21/28 | €124,389 | €107,343 | -€17,046 | -13.7% |
| Tangible fixed assets | 22/27 | €124,389 | €107,343 | -€17,046 | -13.7% |
| Land and buildings | 22 | €119,706 | €103,750 | -€15,957 | -13.3% |
| Plant, machinery and equipment | 23 | €320 | €146 | -€175 | -54.5% |
| Furniture and vehicles | 24 | €4,362 | €3,447 | -€915 | -21.0% |
| Current assets | 29/58 | €38,667 | €36,663 | -€2,004 | -5.2% |
| Amounts receivable within one year | 40/41 | €3,976 | €604 | -€3,372 | -84.8% |
| Trade receivables | 40 | €3,436 | €586 | -€2,850 | -82.9% |
| Other amounts receivable | 41 | €540 | €18 | -€522 | -96.7% |
| Current investments | 50/53 | €30,597 | €31,800 | +€1,203 | +3.9% |
| Cash at bank and in hand | 54/58 | €4,094 | €4,259 | +€165 | +4.0% |
| Total equity and liabilities | 10/49 | €163,714 | €144,591 | -€19,123 | -11.7% |
| Equity | 10/15 | €129,301 | €115,723 | -€13,578 | -10.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,301 | €93,723 | -€13,578 | -12.7% |
| Amounts payable | 17/49 | €34,412 | €28,868 | -€5,544 | -16.1% |
| Amounts payable after more than one year | 17 | €25,000 | €25,000 | = | 0.0% |
| Other amounts payable | 178/9 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,407 | €3,868 | -€3,539 | -47.8% |
| Trade debts | 44 | €4,778 | €1,654 | -€3,124 | -65.4% |
| Suppliers | 440/4 | €4,778 | €1,654 | -€3,124 | -65.4% |
| Taxes, remuneration and social security | 45 | - | €130 | +€130 | |
| Taxes | 450/3 | - | €130 | +€130 | |
| Other amounts payable | 47/48 | €2,630 | €2,084 | -€546 | -20.8% |
| Accrued charges and deferred income | 492/3 | €2,005 | - | -€2,005 | |
| Turnover | 70 | €50,758 | €41,611 | -€9,148 | -18.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €18,372 | €14,324 | -€4,048 | -22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,685 | €18,281 | +€12,596 | +221.6% |
| Other operating charges | 640/8 | €28,546 | €22,384 | -€6,162 | -21.6% |
| Gross operating margin | 9900 | €32,386 | €27,287 | -€5,099 | -15.7% |
| Operating profit (loss) | 9901 | -€1,845 | -€13,378 | -€11,533 | -625.0% |
| Financial income | 75/76B | €1 | €60 | +€58 | +3949.3% |
| Recurring financial income | 75 | €1 | €60 | +€58 | +3949.3% |
| Financial charges | 65/66B | €2,174 | €260 | -€1,914 | -88.0% |
| Recurring financial charges | 65 | €2,119 | €200 | -€1,919 | -90.5% |
| Non-recurring financial charges | 66B | €55 | €60 | +€5 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,018 | -€13,578 | -€9,561 | -238.0% |
| Profit (loss) for the period | 9904 | -€4,018 | -€13,578 | -€9,561 | -238.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,018 | -€13,578 | -€9,561 | -238.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.