IBC: 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.
IBC
Largest movements
- Tangible fixed assets -€8,710
down €8,710 (-4.0%), from €216,525 to €207,815
of which Land and buildings: -€6,930
- Current portion of long-term debt -€18,079
down €18,079 (-100.0%), from €18,079 to €0
- Reserves +€7,319
up €7,319 (+7.0%), from €104,467 to €111,786
of which Distributable reserves: +€7,319
- Gross operating margin -€2,743
down €2,743 (-10.3%), from €26,565 to €23,821
- Taxes -€635
down €635 (-18.8%), from €3,377 to €2,742
- Financial charges -€279
down €279 (-34.9%), from €801 to €521
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 | €223,745 | €213,787 | -€9,958 | -4.5% |
| Fixed assets | 21/28 | €216,525 | €207,815 | -€8,710 | -4.0% |
| Tangible fixed assets | 22/27 | €216,525 | €207,815 | -€8,710 | -4.0% |
| Land and buildings | 22 | €212,964 | €206,034 | -€6,930 | -3.3% |
| Plant, machinery and equipment | 23 | €3,561 | €1,780 | -€1,780 | -50.0% |
| Current assets | 29/58 | €7,220 | €5,973 | -€1,248 | -17.3% |
| Cash at bank and in hand | 54/58 | €6,055 | €5,602 | -€453 | -7.5% |
| Deferred charges and accrued income | 490/1 | €1,165 | €370 | -€795 | -68.2% |
| Total equity and liabilities | 10/49 | €223,745 | €213,787 | -€9,958 | -4.5% |
| Equity | 10/15 | €123,067 | €130,386 | +€7,319 | +5.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €104,467 | €111,786 | +€7,319 | +7.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €104,467 | €111,786 | +€7,319 | +7.0% |
| Amounts payable | 17/49 | €100,678 | €83,401 | -€17,277 | -17.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €100,678 | €82,603 | -€18,075 | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €18,079 | €0 | -€18,079 | -100.0% |
| Trade debts | 44 | €3,955 | €4,594 | +€639 | +16.2% |
| Suppliers | 440/4 | €3,955 | €4,594 | +€639 | +16.2% |
| Taxes, remuneration and social security | 45 | €3,377 | €2,742 | -€635 | -18.8% |
| Taxes | 450/3 | €3,377 | €2,742 | -€635 | -18.8% |
| Other amounts payable | 47/48 | €75,268 | €75,268 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €798 | +€798 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,710 | €8,710 | = | 0.0% |
| Other operating charges | 640/8 | €4,401 | €4,529 | +€128 | +2.9% |
| Gross operating margin | 9900 | €26,565 | €23,821 | -€2,743 | -10.3% |
| Operating profit (loss) | 9901 | €13,453 | €10,583 | -€2,871 | -21.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €801 | €521 | -€279 | -34.9% |
| Recurring financial charges | 65 | €801 | €521 | -€279 | -34.9% |
| Profit (loss) for the period before taxes | 9903 | €12,653 | €10,061 | -€2,592 | -20.5% |
| Income taxes | 67/77 | €3,377 | €2,742 | -€635 | -18.8% |
| Profit (loss) for the period | 9904 | €9,276 | €7,319 | -€1,957 | -21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,276 | €7,319 | -€1,957 | -21.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.