Iben: 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.
Iben
Largest movements
- Receivables within one year +€30,975
up €30,975 (+13,977%), from €222 to €31,197
of which Trade receivables: +€30,334
- Debts after one year -€88,522
down €88,522 (-11.7%), from €759,813 to €671,291
- Current portion of long-term debt +€88,522
up €88,522 (+70.6%), from €125,406 to €213,928
- Profit (loss) carried forward -€47,358
down €47,358 (-32.1%), from -€147,397 to -€194,756
- Accrued charges and deferred income +€39,835
up €39,835 (+57.2%), from €69,629 to €109,464
- Other debts +€35,188
up €35,188 (+46.1%), from €76,388 to €111,576
- Gross operating margin +€59,796
up €59,796 (+91.4%), from -€65,391 to -€5,595
- Financial charges -€3,593
down €3,593 (-8.0%), from €44,777 to €41,184
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 | €896,809 | €925,643 | +€28,833 | +3.2% |
| Fixed assets | 21/28 | €892,776 | €892,510 | -€267 | 0.0% |
| Tangible fixed assets | 22/27 | €7,557 | €7,291 | -€267 | -3.5% |
| Land and buildings | 22 | €7,557 | €7,291 | -€267 | -3.5% |
| Financial fixed assets | 28 | €885,219 | €885,219 | = | 0.0% |
| Current assets | 29/58 | €4,033 | €33,133 | +€29,100 | +722% |
| Amounts receivable within one year | 40/41 | €222 | €31,197 | +€30,975 | +13,977% |
| Trade receivables | 40 | - | €30,334 | +€30,334 | |
| Other amounts receivable | 41 | €222 | €863 | +€641 | +289% |
| Cash at bank and in hand | 54/58 | €1,576 | €1,936 | +€361 | +22.9% |
| Deferred charges and accrued income | 490/1 | €2,236 | - | -€2,236 | |
| Total equity and liabilities | 10/49 | €896,809 | €925,643 | +€28,833 | +3.2% |
| Equity | 10/15 | -€137,397 | -€184,756 | -€47,358 | -34.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€147,397 | -€194,756 | -€47,358 | -32.1% |
| Amounts payable | 17/49 | €1,034,206 | €1,110,398 | +€76,192 | +7.4% |
| Amounts payable after more than one year | 17 | €759,813 | €671,291 | -€88,522 | -11.7% |
| Financial debts | 170/4 | €759,813 | €671,291 | -€88,522 | -11.7% |
| Amounts payable within one year | 42/48 | €204,764 | €329,643 | +€124,879 | +61.0% |
| Current portion of amounts payable after more than one year | 42 | €125,406 | €213,928 | +€88,522 | +70.6% |
| Trade debts | 44 | €2,970 | €3,157 | +€187 | +6.3% |
| Suppliers | 440/4 | €2,970 | €3,157 | +€187 | +6.3% |
| Taxes, remuneration and social security | 45 | - | €982 | +€982 | |
| Taxes | 450/3 | - | €982 | +€982 | |
| Other amounts payable | 47/48 | €76,388 | €111,576 | +€35,188 | +46.1% |
| Accrued charges and deferred income | 492/3 | €69,629 | €109,464 | +€39,835 | +57.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €267 | €267 | = | 0.0% |
| Other operating charges | 640/8 | €112 | €24 | -€87 | -78.1% |
| Gross operating margin | 9900 | -€65,391 | -€5,595 | +€59,796 | +91.4% |
| Operating profit (loss) | 9901 | -€65,769 | -€5,886 | +€59,883 | +91.1% |
| Financial charges | 65/66B | €44,777 | €41,184 | -€3,593 | -8.0% |
| Recurring financial charges | 65 | €44,777 | €41,184 | -€3,593 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | -€110,546 | -€47,070 | +€63,476 | +57.4% |
| Income taxes | 67/77 | - | €288 | +€288 | |
| Profit (loss) for the period | 9904 | -€110,546 | -€47,358 | +€63,188 | +57.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€110,546 | -€47,358 | +€63,188 | +57.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.