IBALINFI: 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.
IBALINFI
Largest movements
- Intangible fixed assets -€4,580
no longer reported in 2025 (was €4,580)
- Financial fixed assets +€300
new in 2025: €300
- Tangible fixed assets -€251
no longer reported in 2025 (was €251)
- Debts after one year -€6,906
down €6,906 (-92.2%), from €7,487 to €581
- Profit (loss) carried forward +€1,068
up €1,068 (+8.0%), from -€13,310 to -€12,242
- Short-term financial debts +€926
up €926 (+21.0%), from €4,402 to €5,327
- Trade debts -€883
down €883 (-25.0%), from €3,533 to €2,651
- Other debts +€790
up €790 (+80.4%), from €982 to €1,771
- Gross operating margin -€11,038
down €11,038 (-53.1%), from €20,787 to €9,749
- Depreciation -€4,683
down €4,683 (-49.2%), from €9,515 to €4,831
- Financial charges -€3,677
down €3,677 (-81.1%), from €4,532 to €855
- Staff costs +€1,875
new in 2025: €1,875
- Taxes +€672
up €672 (+306.1%), from €220 to €892
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 | €17,331 | €13,026 | -€4,305 | -24.8% |
| Fixed assets | 21/28 | €4,831 | €300 | -€4,531 | -93.8% |
| Intangible fixed assets | 21 | €4,580 | - | -€4,580 | |
| Tangible fixed assets | 22/27 | €251 | - | -€251 | |
| Furniture and vehicles | 24 | €251 | - | -€251 | |
| Financial fixed assets | 28 | - | €300 | +€300 | |
| Current assets | 29/58 | €12,500 | €12,726 | +€226 | +1.8% |
| Amounts receivable within one year | 40/41 | €12,398 | €12,524 | +€126 | +1.0% |
| Trade receivables | 40 | €12,398 | €12,524 | +€126 | +1.0% |
| Cash at bank and in hand | 54/58 | €102 | €202 | +€100 | +98.0% |
| Total equity and liabilities | 10/49 | €17,331 | €13,026 | -€4,305 | -24.8% |
| Equity | 10/15 | -€7,310 | -€6,242 | +€1,068 | +14.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,310 | -€12,242 | +€1,068 | +8.0% |
| Amounts payable | 17/49 | €24,641 | €19,267 | -€5,374 | -21.8% |
| Amounts payable after more than one year | 17 | €7,487 | €581 | -€6,906 | -92.2% |
| Financial debts | 170/4 | €7,487 | €581 | -€6,906 | -92.2% |
| Amounts payable within one year | 42/48 | €17,154 | €18,687 | +€1,533 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €6,806 | €7,114 | +€308 | +4.5% |
| Financial debts | 43 | €4,402 | €5,327 | +€926 | +21.0% |
| Credit institutions | 430/8 | €4,402 | €5,327 | +€926 | +21.0% |
| Trade debts | 44 | €3,533 | €2,651 | -€883 | -25.0% |
| Suppliers | 440/4 | €3,533 | €2,651 | -€883 | -25.0% |
| Taxes, remuneration and social security | 45 | €1,432 | €1,824 | +€392 | +27.4% |
| Taxes | 450/3 | €232 | €1,824 | +€1,592 | +686.4% |
| Remuneration and social security | 454/9 | €1,200 | - | -€1,200 | |
| Other amounts payable | 47/48 | €982 | €1,771 | +€790 | +80.4% |
| Remuneration, social security and pensions | 62 | - | €1,875 | +€1,875 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,515 | €4,831 | -€4,683 | -49.2% |
| Other operating charges | 640/8 | €511 | €228 | -€283 | -55.3% |
| Gross operating margin | 9900 | €20,787 | €9,749 | -€11,038 | -53.1% |
| Operating profit (loss) | 9901 | €10,761 | €2,815 | -€7,947 | -73.8% |
| Financial income | 75/76B | €1 | €0 | -€0 | -92.2% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -92.2% |
| Financial charges | 65/66B | €4,532 | €855 | -€3,677 | -81.1% |
| Recurring financial charges | 65 | €4,532 | €855 | -€3,677 | -81.1% |
| Profit (loss) for the period before taxes | 9903 | €6,230 | €1,960 | -€4,270 | -68.5% |
| Income taxes | 67/77 | €220 | €892 | +€672 | +306.1% |
| Profit (loss) for the period | 9904 | €6,010 | €1,068 | -€4,942 | -82.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,010 | €1,068 | -€4,942 | -82.2% |
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 5 October 2026 via checked.be.