IBC GROUP: 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.
IBC GROUP
Largest movements
- Cash +€64,501
up €64,501 (+233%), from €27,641 to €92,143
mainly Net result for the year (+€46,695) and Receivables within one year (+€17,807)
- Receivables within one year -€17,807
down €17,807 (-54.6%), from €32,619 to €14,812
- Profit (loss) carried forward +€46,695
up €46,695, from -€34,619 to €12,076
- Gross operating margin +€50,877
up €50,877, from -€5,831 to €45,046
- Financial income +€2,108
new in 2025: €2,108
- Financial charges +€460
new in 2025: €460
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.
Derived cash bridge
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 | €60,260 | €106,955 | +€46,695 | +77.5% |
| Current assets | 29/58 | €60,260 | €106,955 | +€46,695 | +77.5% |
| Amounts receivable within one year | 40/41 | €32,619 | €14,812 | -€17,807 | -54.6% |
| Other amounts receivable | 41 | €32,619 | €14,812 | -€17,807 | -54.6% |
| Cash at bank and in hand | 54/58 | €27,641 | €92,143 | +€64,501 | +233% |
| Total equity and liabilities | 10/49 | €60,260 | €106,955 | +€46,695 | +77.5% |
| Equity | 10/15 | €60,260 | €106,955 | +€46,695 | +77.5% |
| Contributions | 10/11 | €94,879 | €94,879 | = | 0.0% |
| Capital | 10 | €94,879 | €94,879 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Uncalled capital | 101 | €105,121 | €105,121 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,619 | €12,076 | +€46,695 | |
| Gross operating margin | 9900 | -€5,831 | €45,046 | +€50,877 | |
| Operating profit (loss) | 9901 | -€5,831 | €45,046 | +€50,877 | |
| Financial income | 75/76B | - | €2,108 | +€2,108 | |
| Recurring financial income | 75 | - | €2,108 | +€2,108 | |
| Financial charges | 65/66B | - | €460 | +€460 | |
| Recurring financial charges | 65 | - | €460 | +€460 | |
| Profit (loss) for the period before taxes | 9903 | -€5,831 | €46,695 | +€52,526 | |
| Profit (loss) for the period | 9904 | -€5,831 | €46,695 | +€52,526 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,831 | €46,695 | +€52,526 |
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 14 October 2026 via checked.be.