IBAT: 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.
IBAT
Largest movements
- Tangible fixed assets -€10,252
down €10,252 (-67.1%), from €15,277 to €5,025
of which Furniture and vehicles: -€6,456
- Receivables within one year -€3,882
down €3,882 (-27.4%), from €14,158 to €10,277
of which Trade receivables: -€2,929
- Deferred charges and accrued income -€743
down €743 (-58.7%), from €1,266 to €523
- Cash -€326
no longer reported in 2025 (was €326)
mainly Other debts (-€12,156) and Current portion of long-term debt (-€2,740)
- Other debts -€12,156
down €12,156 (-81.3%), from €14,951 to €2,795
- Current portion of long-term debt -€2,740
no longer reported in 2025 (was €2,740)
- Advances received +€2,000
new in 2025: €2,000
- Profit (loss) carried forward -€1,478
down €1,478 (-97.6%), from €1,515 to €37
- Trade debts -€966
down €966 (-62.8%), from €1,537 to €572
- Gross operating margin +€10,994
up €10,994, from -€5,974 to €5,020
- Financial income +€1,202
up €1,202 (+19.8%), from €6,062 to €7,264
- Financial charges +€1,024
up €1,024 (+478.5%), from €214 to €1,238
- Taxes -€908
down €908 (-65.4%), from €1,388 to €480
- Other operating charges +€234
up €234 (+15.0%), from €1,558 to €1,792
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 | €31,028 | €15,825 | -€15,202 | -49.0% |
| Fixed assets | 21/28 | €15,277 | €5,025 | -€10,252 | -67.1% |
| Tangible fixed assets | 22/27 | €15,277 | €5,025 | -€10,252 | -67.1% |
| Plant, machinery and equipment | 23 | €4,392 | €596 | -€3,796 | -86.4% |
| Furniture and vehicles | 24 | €10,885 | €4,429 | -€6,456 | -59.3% |
| Current assets | 29/58 | €15,751 | €10,800 | -€4,951 | -31.4% |
| Amounts receivable within one year | 40/41 | €14,158 | €10,277 | -€3,882 | -27.4% |
| Trade receivables | 40 | €12,929 | €10,000 | -€2,929 | -22.7% |
| Other amounts receivable | 41 | €1,229 | €277 | -€953 | -77.5% |
| Cash at bank and in hand | 54/58 | €326 | - | -€326 | |
| Deferred charges and accrued income | 490/1 | €1,266 | €523 | -€743 | -58.7% |
| Total equity and liabilities | 10/49 | €31,028 | €15,825 | -€15,202 | -49.0% |
| Equity | 10/15 | €9,566 | €8,088 | -€1,478 | -15.5% |
| Contributions | 10/11 | €6,191 | €6,191 | = | 0.0% |
| Capital | 10 | €6,191 | - | -€6,191 | |
| Issued capital | 100 | €6,191 | - | -€6,191 | |
| Contributions outside capital | 11 | - | €6,191 | +€6,191 | |
| Share premium | 1100/10 | - | €6,191 | +€6,191 | |
| 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 | €1,515 | €37 | -€1,478 | -97.6% |
| Amounts payable | 17/49 | €21,461 | €7,737 | -€13,724 | -63.9% |
| Amounts payable after more than one year | 17 | €457 | - | -€457 | |
| Financial debts | 170/4 | €457 | - | -€457 | |
| Amounts payable within one year | 42/48 | €21,004 | €7,737 | -€13,267 | -63.2% |
| Current portion of amounts payable after more than one year | 42 | €2,740 | - | -€2,740 | |
| Financial debts | 43 | - | €7 | +€7 | |
| Credit institutions | 430/8 | - | €7 | +€7 | |
| Trade debts | 44 | €1,537 | €572 | -€966 | -62.8% |
| Suppliers | 440/4 | €1,537 | €572 | -€966 | -62.8% |
| Advances received on contracts in progress | 46 | - | €2,000 | +€2,000 | |
| Taxes, remuneration and social security | 45 | €1,776 | €2,363 | +€587 | +33.1% |
| Taxes | 450/3 | €1,776 | €2,363 | +€587 | +33.1% |
| Other amounts payable | 47/48 | €14,951 | €2,795 | -€12,156 | -81.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,252 | €10,252 | = | 0.0% |
| Other operating charges | 640/8 | €1,558 | €1,792 | +€234 | +15.0% |
| Gross operating margin | 9900 | -€5,974 | €5,020 | +€10,994 | |
| Operating profit (loss) | 9901 | -€17,784 | -€7,024 | +€10,760 | +60.5% |
| Financial income | 75/76B | €6,062 | €7,264 | +€1,202 | +19.8% |
| Recurring financial income | 75 | €6,062 | €7,264 | +€1,202 | +19.8% |
| Financial charges | 65/66B | €214 | €1,238 | +€1,024 | +478.5% |
| Recurring financial charges | 65 | €214 | €1,238 | +€1,024 | +478.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,936 | -€998 | +€10,938 | +91.6% |
| Income taxes | 67/77 | €1,388 | €480 | -€908 | -65.4% |
| Profit (loss) for the period | 9904 | -€13,324 | -€1,478 | +€11,846 | +88.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,324 | -€1,478 | +€11,846 | +88.9% |
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 11 October 2026 via checked.be.