IBC-Tech: 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-Tech
Largest movements
- Stocks and contracts -€66,935
down €66,935 (-29.5%), from €226,935 to €160,000
- Cash +€9,355
up €9,355 (+42.8%), from €21,877 to €31,232
mainly Stocks and contracts (+€66,935) and Depreciation (+€8,308)
- Tangible fixed assets -€7,416
down €7,416 (-16.0%), from €46,480 to €39,064
of which Other tangible fixed assets: -€5,879
- Deferred charges and accrued income +€5,114
new in 2025: €5,114
- Receivables within one year -€4,118
down €4,118 (-22.3%), from €18,473 to €14,355
of which Other amounts receivable: -€5,210
- Profit (loss) carried forward -€51,172
new in 2025: -€51,172
- Tax, wage and social debts -€4,708
down €4,708 (-71.0%), from €6,633 to €1,925
of which Taxes: -€4,735
- Debts after one year -€4,086
down €4,086 (-18.5%), from €22,084 to €17,998
- Trade debts -€3,826
down €3,826 (-25.7%), from €14,880 to €11,054
- Gross operating margin -€94,536
down €94,536, from €58,968 to -€35,568
- Taxes -€8,768
no longer reported in 2025 (was €8,768)
- Financial charges +€2,486
up €2,486 (+58.0%), from €4,284 to €6,769
- Depreciation -€989
down €989 (-10.6%), from €9,297 to €8,308
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 | €313,932 | €249,765 | -€64,167 | -20.4% |
| Fixed assets | 21/28 | €46,647 | €39,064 | -€7,583 | -16.3% |
| Intangible fixed assets | 21 | €167 | - | -€167 | |
| Tangible fixed assets | 22/27 | €46,480 | €39,064 | -€7,416 | -16.0% |
| Plant, machinery and equipment | 23 | €4,254 | €2,491 | -€1,763 | -41.4% |
| Furniture and vehicles | 24 | €1,135 | €1,361 | +€226 | +19.9% |
| Other tangible fixed assets | 26 | €41,091 | €35,212 | -€5,879 | -14.3% |
| Current assets | 29/58 | €267,285 | €210,701 | -€56,584 | -21.2% |
| Stocks and contracts in progress | 3 | €226,935 | €160,000 | -€66,935 | -29.5% |
| Stocks | 30/36 | €226,935 | €160,000 | -€66,935 | -29.5% |
| Amounts receivable within one year | 40/41 | €18,473 | €14,355 | -€4,118 | -22.3% |
| Trade receivables | 40 | €6,529 | €7,620 | +€1,091 | +16.7% |
| Other amounts receivable | 41 | €11,945 | €6,735 | -€5,210 | -43.6% |
| Cash at bank and in hand | 54/58 | €21,877 | €31,232 | +€9,355 | +42.8% |
| Deferred charges and accrued income | 490/1 | - | €5,114 | +€5,114 | |
| Total equity and liabilities | 10/49 | €313,932 | €249,765 | -€64,167 | -20.4% |
| Equity | 10/15 | €262,438 | €211,266 | -€51,172 | -19.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €257,438 | €257,438 | -€0 | 0.0% |
| Distributable reserves | 133 | €257,438 | €257,438 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | -€51,172 | -€51,172 | |
| Amounts payable | 17/49 | €51,494 | €38,499 | -€12,995 | -25.2% |
| Amounts payable after more than one year | 17 | €22,084 | €17,998 | -€4,086 | -18.5% |
| Financial debts | 170/4 | €22,084 | €17,998 | -€4,086 | -18.5% |
| Amounts payable within one year | 42/48 | €25,410 | €17,333 | -€8,077 | -31.8% |
| Current portion of amounts payable after more than one year | 42 | €3,897 | €4,086 | +€189 | +4.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €14,880 | €11,054 | -€3,826 | -25.7% |
| Suppliers | 440/4 | €14,880 | €11,054 | -€3,826 | -25.7% |
| Taxes, remuneration and social security | 45 | €6,633 | €1,925 | -€4,708 | -71.0% |
| Taxes | 450/3 | €5,164 | €429 | -€4,735 | -91.7% |
| Remuneration and social security | 454/9 | €1,469 | €1,496 | +€27 | +1.8% |
| Other amounts payable | 47/48 | €0 | €268 | +€268 | |
| Accrued charges and deferred income | 492/3 | €4,000 | €3,168 | -€832 | -20.8% |
| Non-recurring operating income | 76A | €13,767 | - | -€13,767 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,297 | €8,308 | -€989 | -10.6% |
| Other operating charges | 640/8 | €898 | €560 | -€338 | -37.7% |
| Non-recurring operating charges | 66A | €12,769 | - | -€12,769 | |
| Gross operating margin | 9900 | €58,968 | -€35,568 | -€94,536 | |
| Operating profit (loss) | 9901 | €36,005 | -€44,436 | -€80,441 | |
| Financial income | 75/76B | €0 | €33 | +€33 | |
| Recurring financial income | 75 | €0 | €33 | +€33 | |
| Financial charges | 65/66B | €4,284 | €6,769 | +€2,486 | +58.0% |
| Recurring financial charges | 65 | €4,284 | €6,769 | +€2,486 | +58.0% |
| Profit (loss) for the period before taxes | 9903 | €31,721 | -€51,172 | -€82,893 | |
| Income taxes | 67/77 | €8,768 | - | -€8,768 | |
| Profit (loss) for the period | 9904 | €22,953 | -€51,172 | -€74,125 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,953 | -€51,172 | -€74,125 |
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 9 October 2026 via checked.be.