IBIS EFFETS: 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.
IBIS EFFETS
Largest movements
- Cash -€42,027
down €42,027 (-99.3%), from €42,309 to €281
mainly Net result for the year (-€44,483) and Current investments (-€4,084)
- Receivables after one year -€8,800
no longer reported in 2025 (was €8,800)
- Current investments +€4,084
new in 2025: €4,084
- Receivables within one year +€3,460
up €3,460 (+65.4%), from €5,295 to €8,755
of which Trade receivables: +€3,943
- Tangible fixed assets -€2,658
down €2,658 (-54.4%), from €4,886 to €2,228
of which Furniture and vehicles: -€2,107
- Profit (loss) carried forward -€44,483
down €44,483 (-159%), from -€28,013 to -€72,496
- Short-term financial debts -€2,354
down €2,354 (-74.5%), from €3,160 to €807
- Trade debts -€1,586
down €1,586 (-53.9%), from €2,946 to €1,360
- Tax, wage and social debts +€1,109
up €1,109 (+196%), from €567 to €1,675
- Gross operating margin -€25,189
down €25,189 (-155%), from -€16,293 to -€41,482
- Financial income -€518
down €518 (-63.9%), from €811 to €293
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 | €63,017 | €15,501 | -€47,516 | -75.4% |
| Fixed assets | 21/28 | €5,038 | €2,381 | -€2,658 | -52.8% |
| Tangible fixed assets | 22/27 | €4,886 | €2,228 | -€2,658 | -54.4% |
| Plant, machinery and equipment | 23 | €1,891 | €1,341 | -€551 | -29.1% |
| Furniture and vehicles | 24 | €2,994 | €887 | -€2,107 | -70.4% |
| Financial fixed assets | 28 | €153 | €153 | = | 0.0% |
| Current assets | 29/58 | €57,979 | €13,120 | -€44,859 | -77.4% |
| Amounts receivable after more than one year | 29 | €8,800 | - | -€8,800 | |
| Other amounts receivable | 291 | €8,800 | - | -€8,800 | |
| Amounts receivable within one year | 40/41 | €5,295 | €8,755 | +€3,460 | +65.4% |
| Trade receivables | 40 | €1,029 | €4,972 | +€3,943 | +383% |
| Other amounts receivable | 41 | €4,266 | €3,783 | -€483 | -11.3% |
| Current investments | 50/53 | - | €4,084 | +€4,084 | |
| Cash at bank and in hand | 54/58 | €42,309 | €281 | -€42,027 | -99.3% |
| Deferred charges and accrued income | 490/1 | €1,576 | - | -€1,576 | |
| Total equity and liabilities | 10/49 | €63,017 | €15,501 | -€47,516 | -75.4% |
| Equity | 10/15 | €56,143 | €11,659 | -€44,483 | -79.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €65,563 | €65,563 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €65,563 | €65,563 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,013 | -€72,496 | -€44,483 | -159% |
| Amounts payable | 17/49 | €6,875 | €3,842 | -€3,033 | -44.1% |
| Amounts payable within one year | 42/48 | €6,875 | €3,842 | -€3,033 | -44.1% |
| Financial debts | 43 | €3,160 | €807 | -€2,354 | -74.5% |
| Credit institutions | 430/8 | €3,160 | €807 | -€2,354 | -74.5% |
| Trade debts | 44 | €2,946 | €1,360 | -€1,586 | -53.9% |
| Suppliers | 440/4 | €2,946 | €1,360 | -€1,586 | -53.9% |
| Taxes, remuneration and social security | 45 | €567 | €1,675 | +€1,109 | +196% |
| Taxes | 450/3 | €567 | €1,675 | +€1,109 | +196% |
| Other amounts payable | 47/48 | €202 | - | -€202 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,319 | €2,658 | +€339 | +14.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €9,544 | - | -€9,544 | |
| Gross operating margin | 9900 | -€16,293 | -€41,482 | -€25,189 | -155% |
| Operating profit (loss) | 9901 | -€28,543 | -€44,540 | -€15,997 | -56.0% |
| Financial income | 75/76B | €811 | €293 | -€518 | -63.9% |
| Recurring financial income | 75 | €811 | €293 | -€518 | -63.9% |
| Financial charges | 65/66B | €281 | €237 | -€45 | -15.9% |
| Recurring financial charges | 65 | €281 | €237 | -€45 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | -€28,013 | -€44,483 | -€16,471 | -58.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€28,013 | -€44,483 | -€16,471 | -58.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,013 | -€44,483 | -€16,471 | -58.8% |
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 15 October 2026 via checked.be.