IBICE: 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.
IBICE
Largest movements
- Tangible fixed assets -€8,865
down €8,865 (-24.5%), from €36,194 to €27,328
of which Leasing and similar rights: -€8,730
- Cash +€7,037
up €7,037 (+75.1%), from €9,369 to €16,406
mainly Net result for the year (+€28,259) and Depreciation (+€11,705)
- Receivables within one year +€4,122
up €4,122 (+84.6%), from €4,872 to €8,994
- Profit (loss) carried forward +€28,259
up €28,259 (+10.3%), from -€273,806 to -€245,547
- Other debts -€26,618
down €26,618 (-9.4%), from €283,114 to €256,496
- Debts after one year -€7,507
down €7,507 (-60.3%), from €12,445 to €4,938
- Trade debts +€5,985
up €5,985 (+351.7%), from €1,702 to €7,686
- Tax, wage and social debts +€2,092
up €2,092 (+135.8%), from €1,541 to €3,633
- Gross operating margin +€17,680
up €17,680 (+71.9%), from €24,573 to €42,252
- Financial income -€564
down €564 (-100.0%), from €564 to €0
- Other operating charges -€466
down €466 (-19.7%), from €2,367 to €1,902
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,016 | €53,313 | +€2,298 | +4.5% |
| Fixed assets | 21/28 | €36,194 | €27,328 | -€8,865 | -24.5% |
| Tangible fixed assets | 22/27 | €36,194 | €27,328 | -€8,865 | -24.5% |
| Plant, machinery and equipment | 23 | €3,861 | €5,086 | +€1,225 | +31.7% |
| Furniture and vehicles | 24 | €9,848 | €8,487 | -€1,361 | -13.8% |
| Leasing and similar rights | 25 | €22,485 | €13,755 | -€8,730 | -38.8% |
| Current assets | 29/58 | €14,822 | €25,985 | +€11,163 | +75.3% |
| Amounts receivable after more than one year | 29 | €500 | €500 | = | 0.0% |
| Other amounts receivable | 291 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,872 | €8,994 | +€4,122 | +84.6% |
| Trade receivables | 40 | €4,872 | €8,994 | +€4,122 | +84.6% |
| Cash at bank and in hand | 54/58 | €9,369 | €16,406 | +€7,037 | +75.1% |
| Deferred charges and accrued income | 490/1 | €80 | €84 | +€4 | +5.0% |
| Total equity and liabilities | 10/49 | €51,016 | €53,313 | +€2,298 | +4.5% |
| Equity | 10/15 | -€255,206 | -€226,947 | +€28,259 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€273,806 | -€245,547 | +€28,259 | +10.3% |
| Amounts payable | 17/49 | €306,221 | €280,260 | -€25,961 | -8.5% |
| Amounts payable after more than one year | 17 | €12,445 | €4,938 | -€7,507 | -60.3% |
| Financial debts | 170/4 | €12,445 | €4,938 | -€7,507 | -60.3% |
| Amounts payable within one year | 42/48 | €293,776 | €275,322 | -€18,454 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €7,420 | €7,507 | +€88 | +1.2% |
| Trade debts | 44 | €1,702 | €7,686 | +€5,985 | +351.7% |
| Suppliers | 440/4 | €1,702 | €7,686 | +€5,985 | +351.7% |
| Taxes, remuneration and social security | 45 | €1,541 | €3,633 | +€2,092 | +135.8% |
| Taxes | 450/3 | €1,541 | €3,633 | +€2,092 | +135.8% |
| Other amounts payable | 47/48 | €283,114 | €256,496 | -€26,618 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,771 | €11,705 | -€66 | -0.6% |
| Other operating charges | 640/8 | €2,367 | €1,902 | -€466 | -19.7% |
| Gross operating margin | 9900 | €24,573 | €42,252 | +€17,680 | +71.9% |
| Operating profit (loss) | 9901 | €10,434 | €28,645 | +€18,211 | +174.5% |
| Financial income | 75/76B | €564 | €0 | -€564 | -100.0% |
| Recurring financial income | 75 | €564 | €0 | -€564 | -100.0% |
| Financial charges | 65/66B | €273 | €386 | +€113 | +41.6% |
| Recurring financial charges | 65 | €273 | €386 | +€113 | +41.6% |
| Profit (loss) for the period before taxes | 9903 | €10,725 | €28,259 | +€17,534 | +163.5% |
| Profit (loss) for the period | 9904 | €10,725 | €28,259 | +€17,534 | +163.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,725 | €28,259 | +€17,534 | +163.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.