IBIRAPUERA: 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.
IBIRAPUERA
Largest movements
- Cash +€29,734
up €29,734 (+641%), from €4,642 to €34,376
mainly Net result for the year (+€98,586) and Depreciation (+€22,271)
- Receivables after one year -€17,128
no longer reported in 2025 (was €17,128)
- Tangible fixed assets -€16,052
down €16,052 (-17.5%), from €91,706 to €75,655
of which Furniture and vehicles: -€15,660
- Receivables within one year +€7,232
up €7,232 (+9.2%), from €78,740 to €85,972
of which Other amounts receivable: +€8,215
- Other debts +€20,423
up €20,423 (+127%), from €16,077 to €36,500
- Debts after one year -€15,026
down €15,026 (-62.4%), from €24,073 to €9,047
- Profit (loss) carried forward +€8,586
up €8,586 (+7.9%), from €108,531 to €117,117
- Tax, wage and social debts -€6,553
down €6,553 (-30.8%), from €21,282 to €14,730
of which Taxes: -€6,539
- Trade debts -€4,001
down €4,001 (-87.7%), from €4,561 to €560
- Gross operating margin +€8,389
up €8,389 (+5.7%), from €148,445 to €156,834
- Other operating charges +€3,525
up €3,525 (+120%), from €2,930 to €6,456
- Depreciation +€3,388
up €3,388 (+17.9%), from €18,883 to €22,271
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 | €194,814 | €198,888 | +€4,074 | +2.1% |
| Fixed assets | 21/28 | €92,206 | €76,155 | -€16,052 | -17.4% |
| Tangible fixed assets | 22/27 | €91,706 | €75,655 | -€16,052 | -17.5% |
| Furniture and vehicles | 24 | €90,434 | €74,774 | -€15,660 | -17.3% |
| Other tangible fixed assets | 26 | €1,273 | €881 | -€392 | -30.8% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €102,607 | €122,733 | +€20,126 | +19.6% |
| Amounts receivable after more than one year | 29 | €17,128 | - | -€17,128 | |
| Other amounts receivable | 291 | €17,128 | - | -€17,128 | |
| Amounts receivable within one year | 40/41 | €78,740 | €85,972 | +€7,232 | +9.2% |
| Trade receivables | 40 | €78,740 | €77,757 | -€983 | -1.2% |
| Other amounts receivable | 41 | - | €8,215 | +€8,215 | |
| Cash at bank and in hand | 54/58 | €4,642 | €34,376 | +€29,734 | +641% |
| Deferred charges and accrued income | 490/1 | €2,097 | €2,384 | +€287 | +13.7% |
| Total equity and liabilities | 10/49 | €194,814 | €198,888 | +€4,074 | +2.1% |
| Equity | 10/15 | €113,531 | €122,117 | +€8,586 | +7.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,531 | €117,117 | +€8,586 | +7.9% |
| Amounts payable | 17/49 | €81,283 | €76,771 | -€4,512 | -5.6% |
| Amounts payable after more than one year | 17 | €24,073 | €9,047 | -€15,026 | -62.4% |
| Financial debts | 170/4 | €24,073 | €9,047 | -€15,026 | -62.4% |
| Amounts payable within one year | 42/48 | €56,358 | €66,816 | +€10,458 | +18.6% |
| Current portion of amounts payable after more than one year | 42 | €14,437 | €15,026 | +€589 | +4.1% |
| Trade debts | 44 | €4,561 | €560 | -€4,001 | -87.7% |
| Suppliers | 440/4 | €4,561 | €560 | -€4,001 | -87.7% |
| Taxes, remuneration and social security | 45 | €21,282 | €14,730 | -€6,553 | -30.8% |
| Taxes | 450/3 | €21,268 | €14,730 | -€6,539 | -30.7% |
| Remuneration and social security | 454/9 | €14 | - | -€14 | |
| Other amounts payable | 47/48 | €16,077 | €36,500 | +€20,423 | +127% |
| Accrued charges and deferred income | 492/3 | €852 | €908 | +€56 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,883 | €22,271 | +€3,388 | +17.9% |
| Other operating charges | 640/8 | €2,930 | €6,456 | +€3,525 | +120% |
| Gross operating margin | 9900 | €148,445 | €156,834 | +€8,389 | +5.7% |
| Operating profit (loss) | 9901 | €126,632 | €128,108 | +€1,476 | +1.2% |
| Financial income | 75/76B | €332 | €747 | +€415 | +125% |
| Recurring financial income | 75 | €332 | €747 | +€415 | +125% |
| Financial charges | 65/66B | €2,573 | €2,035 | -€538 | -20.9% |
| Recurring financial charges | 65 | €2,573 | €2,035 | -€538 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €124,391 | €126,820 | +€2,430 | +2.0% |
| Income taxes | 67/77 | €27,652 | €28,234 | +€582 | +2.1% |
| Profit (loss) for the period | 9904 | €96,738 | €98,586 | +€1,847 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €96,738 | €98,586 | +€1,847 | +1.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.