IBLO.be: 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.
IBLO.be
Largest movements
- Receivables within one year -€92,900
down €92,900 (-29.7%), from €312,295 to €219,395
of which Other amounts receivable: -€107,568
- Tangible fixed assets -€28,393
down €28,393 (-18.9%), from €150,237 to €121,844
of which Other tangible fixed assets: -€26,012
- Stocks and contracts -€16,525
down €16,525 (-6.8%), from €243,272 to €226,748
- Cash -€13,086
down €13,086 (-47.9%), from €27,343 to €14,257
mainly Contributions, distributions and other (-€52,000) and Trade debts (-€46,651)
- Trade debts -€46,651
down €46,651 (-13.5%), from €344,361 to €297,710
- Debts after one year -€39,022
down €39,022 (-92.9%), from €42,017 to €2,995
- Other debts -€33,171
down €33,171 (-35.9%), from €92,308 to €59,137
- Tax, wage and social debts -€27,251
down €27,251 (-31.0%), from €88,036 to €60,785
of which Remuneration and social security: -€26,929
- Current portion of long-term debt -€10,683
down €10,683 (-21.2%), from €50,276 to €39,593
- Gross operating margin -€113,533
down €113,533 (-27.2%), from €416,881 to €303,348
- Staff costs -€100,383
down €100,383 (-32.4%), from €309,882 to €209,499
- Financial income -€13,254
down €13,254 (-100.0%), from €13,254 to €0
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.
Cash bridge derived
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 | €735,770 | €584,485 | -€151,285 | -20.6% |
| Fixed assets | 21/28 | €150,237 | €121,844 | -€28,393 | -18.9% |
| Tangible fixed assets | 22/27 | €150,237 | €121,844 | -€28,393 | -18.9% |
| Land and buildings | 22 | €20,175 | €17,795 | -€2,381 | -11.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Other tangible fixed assets | 26 | €130,062 | €104,049 | -€26,012 | -20.0% |
| Current assets | 29/58 | €585,533 | €462,641 | -€122,892 | -21.0% |
| Stocks and contracts in progress | 3 | €243,272 | €226,748 | -€16,525 | -6.8% |
| Stocks | 30/36 | €243,272 | €226,748 | -€16,525 | -6.8% |
| Amounts receivable within one year | 40/41 | €312,295 | €219,395 | -€92,900 | -29.7% |
| Trade receivables | 40 | €7,185 | €21,852 | +€14,667 | +204.1% |
| Other amounts receivable | 41 | €305,110 | €197,542 | -€107,568 | -35.3% |
| Cash at bank and in hand | 54/58 | €27,343 | €14,257 | -€13,086 | -47.9% |
| Deferred charges and accrued income | 490/1 | €2,623 | €2,242 | -€381 | -14.5% |
| Total equity and liabilities | 10/49 | €735,770 | €584,485 | -€151,285 | -20.6% |
| Equity | 10/15 | €118,772 | €124,265 | +€5,493 | +4.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €112,572 | €112,572 | = | 0.0% |
| Distributable reserves | 133 | €112,572 | €112,572 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €5,493 | +€5,493 | |
| Amounts payable | 17/49 | €616,998 | €460,220 | -€156,778 | -25.4% |
| Amounts payable after more than one year | 17 | €42,017 | €2,995 | -€39,022 | -92.9% |
| Financial debts | 170/4 | €42,017 | €2,995 | -€39,022 | -92.9% |
| Amounts payable within one year | 42/48 | €574,982 | €457,225 | -€117,756 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €50,276 | €39,593 | -€10,683 | -21.2% |
| Trade debts | 44 | €344,361 | €297,710 | -€46,651 | -13.5% |
| Suppliers | 440/4 | €344,361 | €297,710 | -€46,651 | -13.5% |
| Taxes, remuneration and social security | 45 | €88,036 | €60,785 | -€27,251 | -31.0% |
| Taxes | 450/3 | €14,787 | €14,465 | -€322 | -2.2% |
| Remuneration and social security | 454/9 | €73,249 | €46,320 | -€26,929 | -36.8% |
| Other amounts payable | 47/48 | €92,308 | €59,137 | -€33,171 | -35.9% |
| Remuneration, social security and pensions | 62 | €309,882 | €209,499 | -€100,383 | -32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,722 | €28,393 | -€329 | -1.1% |
| Other operating charges | 640/8 | €2,352 | €3,841 | +€1,489 | +63.3% |
| Gross operating margin | 9900 | €416,881 | €303,348 | -€113,533 | -27.2% |
| Operating profit (loss) | 9901 | €75,925 | €61,615 | -€14,310 | -18.8% |
| Financial income | 75/76B | €13,254 | €0 | -€13,254 | -100.0% |
| Recurring financial income | 75 | €13,254 | €0 | -€13,254 | -100.0% |
| Financial charges | 65/66B | €3,168 | €4,122 | +€954 | +30.1% |
| Recurring financial charges | 65 | €3,168 | €4,122 | +€954 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | €86,011 | €57,493 | -€28,517 | -33.2% |
| Income taxes | 67/77 | €802 | €0 | -€802 | -100.0% |
| Profit (loss) for the period | 9904 | €85,209 | €57,493 | -€27,715 | -32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €85,209 | €57,493 | -€27,715 | -32.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.