IBEICO: 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.
IBEICO
Largest movements
- Tangible fixed assets -€6,352
down €6,352 (-46.9%), from €13,552 to €7,200
- Cash -€1,145
down €1,145 (-50.2%), from €2,280 to €1,135
mainly Net result for the year (-€11,355) and Accrued charges and deferred income (-€387)
- Receivables within one year +€183
up €183 (+76.0%), from €241 to €424
of which Other amounts receivable: +€183
- Profit (loss) carried forward -€11,355
down €11,355 (-29.0%), from -€39,180 to -€50,535
- Other debts +€4,272
up €4,272 (+218.1%), from €1,958 to €6,230
- Accrued charges and deferred income -€387
down €387 (-100.0%), from €387 to €0
- Gross operating margin -€2,002
down €2,002 (-96.4%), from -€2,078 to -€4,080
- Other operating charges -€255
down €255 (-24.2%), from €1,054 to €800
- Financial charges -€128
down €128 (-50.8%), from €252 to €124
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 | €16,072 | €8,758 | -€7,314 | -45.5% |
| Fixed assets | 21/28 | €13,552 | €7,200 | -€6,352 | -46.9% |
| Tangible fixed assets | 22/27 | €13,552 | €7,200 | -€6,352 | -46.9% |
| Land and buildings | 22 | €13,552 | €7,200 | -€6,352 | -46.9% |
| Current assets | 29/58 | €2,521 | €1,559 | -€962 | -38.2% |
| Amounts receivable within one year | 40/41 | €241 | €424 | +€183 | +76.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €241 | €424 | +€183 | +76.0% |
| Cash at bank and in hand | 54/58 | €2,280 | €1,135 | -€1,145 | -50.2% |
| Total equity and liabilities | 10/49 | €16,072 | €8,758 | -€7,314 | -45.5% |
| Equity | 10/15 | €12,369 | €1,014 | -€11,355 | -91.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,949 | €32,949 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €32,949 | €32,949 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,180 | -€50,535 | -€11,355 | -29.0% |
| Amounts payable | 17/49 | €3,703 | €7,744 | +€4,041 | +109.1% |
| Amounts payable within one year | 42/48 | €3,316 | €7,744 | +€4,429 | +133.6% |
| Trade debts | 44 | €1,357 | €1,514 | +€157 | +11.6% |
| Suppliers | 440/4 | €1,357 | €1,514 | +€157 | +11.6% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,958 | €6,230 | +€4,272 | +218.1% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,352 | €6,352 | = | 0.0% |
| Other operating charges | 640/8 | €1,054 | €800 | -€255 | -24.2% |
| Gross operating margin | 9900 | -€2,078 | -€4,080 | -€2,002 | -96.4% |
| Operating profit (loss) | 9901 | -€9,484 | -€11,231 | -€1,747 | -18.4% |
| Financial income | 75/76B | €18 | €0 | -€18 | -100.0% |
| Recurring financial income | 75 | €18 | €0 | -€18 | -100.0% |
| Financial charges | 65/66B | €252 | €124 | -€128 | -50.8% |
| Recurring financial charges | 65 | €252 | €124 | -€128 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,717 | -€11,355 | -€1,638 | -16.9% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€9,717 | -€11,355 | -€1,638 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,717 | -€11,355 | -€1,638 | -16.9% |
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 6 October 2026 via checked.be.