IBF Expertise: what changed
What changed
IBF Expertise
NACE 82.990, Other business support services
filed annual accounts (NBB)
Net result for the year
€128,854
2024 · €65,695+€63,159
Equity
€1.9m
2024 · €1.8m+€103,083
Cash
€150,786
2024 · €286,790-€136,004
Balance sheet total
€7.5m
2024 · €8.8m-€1.3m
Largest movements
Assets
- Receivables within one year -€1.2m
down €1.2m (-13.9%), from €8.5m to €7.3m
of which Other amounts receivable: -€2.3m
- Cash -€136,004
down €136,004 (-47.4%), from €286,790 to €150,786
mainly Advances received (-€1.2m) and Trade debts (-€234,997)
Equity and liabilities
- Advances received -€1.2m
down €1.2m (-61.5%), from €2.0m to €750,558
- Trade debts -€234,997
down €234,997 (-7.1%), from €3.3m to €3.1m
- Reserves +€103,083
up €103,083 (+8.4%), from €1.2m to €1.3m
of which Distributable reserves: +€103,083
Income statement
- Turnover -€4.5m
down €4.5m (-27.0%), from €16.7m to €12.2m
- Goods and materials -€2.9m
down €2.9m (-23.0%), from €12.6m to €9.7m
- Services and other goods -€916,967
down €916,967 (-29.2%), from €3.1m to €2.2m
- Staff costs -€799,767
down €799,767 (-90.9%), from €879,994 to €80,227
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€65,695
Turnover
-€4.5m
Other operating income
-€210
Goods and materials
+€2.9m
Services and other goods
+€916,967
Staff costs
+€799,767
Other operating items
-€5,051
Financial income
+€14,021
Financial charges
-€31,673
Result 2025
€128,854
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€127,131
Investment
€0
Financing
-€8,873
Cash 2024
€286,790
From operations (derived)
-€127,131
Net result for the year
+€128,854
Receivables within one year
+€1.2m
Deferred charges and accrued income
-€44,385
Trade debts
-€234,997
Tax, wage and social debts
-€1,140
Advances received
-€1.2m
Other debts
+€25,771
Accrued charges and deferred income
+€20,761
Financing
-€8,873
Debts after one year
+€16,898
Contributions, distributions and other
-€25,771
Cash 2025
€150,786
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,796,693 | €7,527,556 | -€1.3m | -14.4% |
| Fixed assets | 21/28 | €12,111 | €12,111 | = | 0.0% |
| Financial fixed assets | 28 | €12,111 | €12,111 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €5,051 | €5,051 | = | 0.0% |
| Participating interests | 282 | €5,051 | €5,051 | = | 0.0% |
| Other financial fixed assets | 284/8 | €7,060 | €7,060 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €7,060 | €7,060 | = | 0.0% |
| Current assets | 29/58 | €8,784,582 | €7,515,445 | -€1.3m | -14.4% |
| Amounts receivable within one year | 40/41 | €8,464,638 | €7,287,120 | -€1.2m | -13.9% |
| Trade receivables | 40 | €3,328,885 | €4,425,235 | +€1.1m | +32.9% |
| Other amounts receivable | 41 | €5,135,753 | €2,861,885 | -€2.3m | -44.3% |
| Cash at bank and in hand | 54/58 | €286,790 | €150,786 | -€136,004 | -47.4% |
| Deferred charges and accrued income | 490/1 | €33,154 | €77,539 | +€44,385 | +134% |
| Total equity and liabilities | 10/49 | €8,796,693 | €7,527,556 | -€1.3m | -14.4% |
| Equity | 10/15 | €1,755,028 | €1,858,111 | +€103,083 | +5.9% |
| Contributions | 10/11 | €522,053 | €522,053 | = | 0.0% |
| Capital | 10 | €521,813 | €521,813 | = | 0.0% |
| Issued capital | 100 | €521,813 | €521,813 | = | 0.0% |
| Contributions outside capital | 11 | €240 | €240 | = | 0.0% |
| Share premium | 1100/10 | €240 | €240 | = | 0.0% |
| Reserves | 13 | €1,232,975 | €1,336,058 | +€103,083 | +8.4% |
| Non-distributable reserves | 130/1 | €52,181 | €52,181 | = | 0.0% |
| Legal reserve | 130 | €52,181 | €52,181 | = | 0.0% |
| Distributable reserves | 133 | €1,180,794 | €1,283,877 | +€103,083 | +8.7% |
| Amounts payable | 17/49 | €7,041,665 | €5,669,445 | -€1.4m | -19.5% |
| Amounts payable after more than one year | 17 | €1,720,295 | €1,737,193 | +€16,898 | +1.0% |
| Advances received on contracts in progress | 176 | €1,720,295 | €1,737,193 | +€16,898 | +1.0% |
| Amounts payable within one year | 42/48 | €5,257,255 | €3,847,376 | -€1.4m | -26.8% |
| Trade debts | 44 | €3,298,858 | €3,063,861 | -€234,997 | -7.1% |
| Suppliers | 440/4 | €3,298,858 | €3,063,861 | -€234,997 | -7.1% |
| Advances received on contracts in progress | 46 | €1,950,071 | €750,558 | -€1.2m | -61.5% |
| Taxes, remuneration and social security | 45 | €8,326 | €7,186 | -€1,140 | -13.7% |
| Remuneration and social security | 454/9 | €8,326 | €7,186 | -€1,140 | -13.7% |
| Other amounts payable | 47/48 | - | €25,771 | +€25,771 | |
| Accrued charges and deferred income | 492/3 | €64,115 | €84,876 | +€20,761 | +32.4% |
| Operating income | 70/76A | €16,741,076 | €12,219,878 | -€4.5m | -27.0% |
| Turnover | 70 | €16,735,725 | €12,219,788 | -€4.5m | -27.0% |
| Other operating income | 74 | €300 | €90 | -€210 | -70.0% |
| Non-recurring operating income | 76A | €5,051 | - | -€5,051 | |
| Operating charges | 60/66A | €16,573,861 | €11,971,852 | -€4.6m | -27.8% |
| Goods for resale, raw materials and consumables | 60 | €12,554,852 | €9,669,577 | -€2.9m | -23.0% |
| Purchases | 600/8 | €12,554,852 | €9,669,577 | -€2.9m | -23.0% |
| Services and other goods | 61 | €3,139,015 | €2,222,048 | -€916,967 | -29.2% |
| Remuneration, social security and pensions | 62 | €879,994 | €80,227 | -€799,767 | -90.9% |
| Operating profit (loss) | 9901 | €167,215 | €248,026 | +€80,811 | +48.3% |
| Financial income | 75/76B | €11,123 | €25,144 | +€14,021 | +126% |
| Recurring financial income | 75 | €11,123 | €25,144 | +€14,021 | +126% |
| Income from current assets | 751 | €5,333 | €19,152 | +€13,819 | +259% |
| Other financial income | 752/9 | €5,790 | €5,992 | +€202 | +3.5% |
| Financial charges | 65/66B | €112,643 | €144,316 | +€31,673 | +28.1% |
| Recurring financial charges | 65 | €112,643 | €144,316 | +€31,673 | +28.1% |
| Debt charges | 650 | €7,505 | €16,365 | +€8,860 | +118% |
| Other financial charges | 652/9 | €105,138 | €127,951 | +€22,813 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €65,695 | €128,854 | +€63,159 | +96.1% |
| Profit (loss) for the period | 9904 | €65,695 | €128,854 | +€63,159 | +96.1% |
| Profit (loss) for the period to be appropriated | 9905 | €65,695 | €128,854 | +€63,159 | +96.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.