IBD SOLUTIONS: 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.
What changed
IBD SOLUTIONS
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€227,950
2024 · €342,679-€114,729
Equity
€882,273
2024 · €1.3m-€416,538
Cash
€136,900
2024 · €129,005+€7,895
Balance sheet total
€8.4m
2024 · €6.9m+€1.5m
Largest movements
Assets
- Tangible fixed assets +€1.1m
up €1.1m (+17.7%), from €6.2m to €7.3m
of which Leasing and similar rights: +€5.5m
- Receivables within one year +€292,423
up €292,423 (+84.0%), from €348,214 to €640,637
of which Trade receivables: +€315,028
Equity and liabilities
- Debts after one year +€1.2m
up €1.2m (+25.6%), from €4.7m to €5.9m
- Reserves -€417,205
down €417,205 (-35.9%), from €1.2m to €744,526
of which Distributable reserves: -€412,488
- Other debts +€329,277
up €329,277 (+242.7%), from €135,661 to €464,938
- Trade debts +€215,019
up €215,019 (+91.1%), from €235,929 to €450,948
- Current portion of long-term debt +€92,262
up €92,262 (+23.8%), from €388,143 to €480,405
Income statement
- Staff costs +€174,021
up €174,021 (+92.3%), from €188,549 to €362,570
- Gross operating margin +€138,783
up €138,783 (+11.3%), from €1.2m to €1.4m
- Depreciation +€67,296
up €67,296 (+19.3%), from €349,486 to €416,782
- Other operating charges +€43,951
up €43,951 (+72.5%), from €60,583 to €104,534
- Financial charges +€43,884
up €43,884 (+31.0%), from €141,593 to €185,477
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.
Result 2024
€342,679
Gross operating margin
+€138,783
Staff costs
-€174,021
Depreciation
-€67,296
Other operating charges
-€43,951
Other operating items
+€1,003
Financial income
+€31,694
Financial charges
-€43,884
Taxes
+€42,943
Result 2025
€227,950
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.
From operations
+€853,991
Investment
-€1.5m
Financing
+€680,026
Cash 2024
€129,005
From operations (derived)
+€853,991
Net result for the year
+€227,950
Depreciation
+€416,782
Receivables after one year
+€16,500
Receivables within one year
-€292,423
Deferred charges and accrued income
-€73,916
Smaller working-capital items
+€680
Trade debts
+€215,019
Tax, wage and social debts
+€14,120
Other debts
+€329,277
Investment (derived)
-€1.5m
Investment in fixed assets (net)
-€1.5m
Financing
+€680,026
Debts after one year
+€1.2m
Current portion of long-term debt
+€92,262
Short-term financial debts
+€35,177
Contributions, distributions and other
-€644,488
Cash 2025
€136,900
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,931,082 | €8,398,154 | +€1.5m | +21.2% |
| Fixed assets | 21/28 | €6,360,955 | €7,470,294 | +€1.1m | +17.4% |
| Intangible fixed assets | 21 | - | €436 | +€436 | |
| Tangible fixed assets | 22/27 | €6,192,055 | €7,285,849 | +€1.1m | +17.7% |
| Land and buildings | 22 | €707,765 | €920,488 | +€212,724 | +30.1% |
| Plant, machinery and equipment | 23 | €467,947 | €441,700 | -€26,247 | -5.6% |
| Furniture and vehicles | 24 | €259,787 | €452,855 | +€193,068 | +74.3% |
| Leasing and similar rights | 25 | - | €5,450,630 | +€5.5m | |
| Other tangible fixed assets | 26 | €4,737,324 | - | -€4.7m | |
| Assets under construction and advance payments | 27 | €19,233 | €20,175 | +€942 | +4.9% |
| Financial fixed assets | 28 | €168,900 | €184,009 | +€15,109 | +8.9% |
| Current assets | 29/58 | €570,127 | €927,861 | +€357,734 | +62.7% |
| Amounts receivable after more than one year | 29 | €67,915 | €51,415 | -€16,500 | -24.3% |
| Trade receivables | 290 | - | €51,415 | +€51,415 | |
| Other amounts receivable | 291 | €67,915 | - | -€67,915 | |
| Amounts receivable within one year | 40/41 | €348,214 | €640,637 | +€292,423 | +84.0% |
| Trade receivables | 40 | €179,456 | €494,484 | +€315,028 | +175.5% |
| Other amounts receivable | 41 | €168,758 | €146,153 | -€22,605 | -13.4% |
| Cash at bank and in hand | 54/58 | €129,005 | €136,900 | +€7,895 | +6.1% |
| Deferred charges and accrued income | 490/1 | €24,993 | €98,909 | +€73,916 | +295.7% |
| Total equity and liabilities | 10/49 | €6,931,082 | €8,398,154 | +€1.5m | +21.2% |
| Equity | 10/15 | €1,298,811 | €882,273 | -€416,538 | -32.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,161,732 | €744,526 | -€417,205 | -35.9% |
| Tax-exempt reserves | 132 | €25,792 | €21,075 | -€4,717 | -18.3% |
| Distributable reserves | 133 | €1,135,940 | €723,452 | -€412,488 | -36.3% |
| Profit (loss) carried forward | 14 | €118,480 | €119,147 | +€667 | +0.6% |
| Provisions and deferred taxes | 16 | €6,448 | €5,269 | -€1,179 | -18.3% |
| Deferred taxes | 168 | €6,448 | €5,269 | -€1,179 | -18.3% |
| Amounts payable | 17/49 | €5,625,823 | €7,510,612 | +€1.9m | +33.5% |
| Amounts payable after more than one year | 17 | €4,675,443 | €5,872,518 | +€1.2m | +25.6% |
| Financial debts | 170/4 | €4,675,443 | €5,872,518 | +€1.2m | +25.6% |
| Amounts payable within one year | 42/48 | €943,747 | €1,629,603 | +€685,856 | +72.7% |
| Current portion of amounts payable after more than one year | 42 | €388,143 | €480,405 | +€92,262 | +23.8% |
| Financial debts | 43 | €58,847 | €94,024 | +€35,177 | +59.8% |
| Credit institutions | 430/8 | €58,847 | €94,024 | +€35,177 | +59.8% |
| Trade debts | 44 | €235,929 | €450,948 | +€215,019 | +91.1% |
| Suppliers | 440/4 | €235,929 | €450,948 | +€215,019 | +91.1% |
| Taxes, remuneration and social security | 45 | €125,168 | €139,288 | +€14,120 | +11.3% |
| Taxes | 450/3 | €104,955 | €80,932 | -€24,022 | -22.9% |
| Remuneration and social security | 454/9 | €20,213 | €58,356 | +€38,143 | +188.7% |
| Other amounts payable | 47/48 | €135,661 | €464,938 | +€329,277 | +242.7% |
| Accrued charges and deferred income | 492/3 | €6,632 | €8,492 | +€1,859 | +28.0% |
| Non-recurring operating income | 76A | - | €1,132 | +€1,132 | |
| Remuneration, social security and pensions | 62 | €188,549 | €362,570 | +€174,021 | +92.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €349,486 | €416,782 | +€67,296 | +19.3% |
| Other operating charges | 640/8 | €60,583 | €104,534 | +€43,951 | +72.5% |
| Non-recurring operating charges | 66A | €1,003 | - | -€1,003 | |
| Gross operating margin | 9900 | €1,224,170 | €1,362,954 | +€138,783 | +11.3% |
| Operating profit (loss) | 9901 | €624,550 | €479,067 | -€145,483 | -23.3% |
| Financial income | 75/76B | €31,538 | €63,231 | +€31,694 | +100.5% |
| Recurring financial income | 75 | €31,538 | €8,224 | -€23,314 | -73.9% |
| Non-recurring financial income | 76B | - | €55,008 | +€55,008 | |
| Financial charges | 65/66B | €141,593 | €185,477 | +€43,884 | +31.0% |
| Recurring financial charges | 65 | €141,593 | €185,477 | +€43,884 | +31.0% |
| Profit (loss) for the period before taxes | 9903 | €514,494 | €356,821 | -€157,673 | -30.6% |
| Transfer from deferred taxes | 780 | €1,179 | €1,179 | = | 0.0% |
| Income taxes | 67/77 | €172,994 | €130,051 | -€42,943 | -24.8% |
| Profit (loss) for the period | 9904 | €342,679 | €227,950 | -€114,729 | -33.5% |
| Transfer from tax-exempt reserves | 789 | €4,717 | €4,717 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €347,396 | €232,667 | -€114,729 | -33.0% |
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 4 October 2026 via checked.be.