IBO 57: 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.
IBO 57
Largest movements
- Cash +€3,523
up €3,523 (+24.1%), from €14,644 to €18,167
mainly Net result for the year (+€3,783) and Receivables within one year (+€2,216)
- Receivables within one year -€2,216
down €2,216 (-93.5%), from €2,369 to €153
of which Trade receivables: -€1,866
- Tangible fixed assets -€405
down €405 (-33.3%), from €1,215 to €810
of which Land and buildings: -€405
- Profit (loss) carried forward +€3,783
up €3,783 (+18.2%), from -€20,820 to -€17,037
- Trade debts -€2,623
down €2,623 (-69.6%), from €3,769 to €1,146
- Tax, wage and social debts -€1,013
down €1,013 (-58.6%), from €1,729 to €716
- Other debts +€900
up €900 (+5.1%), from €17,607 to €18,507
- Gross operating margin -€3,326
down €3,326 (-38.0%), from €8,758 to €5,432
- Financial charges +€351
up €351 (+480%), from €73 to €424
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 | €18,263 | €19,140 | +€877 | +4.8% |
| Fixed assets | 21/28 | €1,215 | €810 | -€405 | -33.3% |
| Tangible fixed assets | 22/27 | €1,215 | €810 | -€405 | -33.3% |
| Land and buildings | 22 | €1,215 | €810 | -€405 | -33.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €17,048 | €18,330 | +€1,282 | +7.5% |
| Amounts receivable within one year | 40/41 | €2,369 | €153 | -€2,216 | -93.5% |
| Trade receivables | 40 | €2,019 | €153 | -€1,866 | -92.4% |
| Other amounts receivable | 41 | €350 | - | -€350 | |
| Cash at bank and in hand | 54/58 | €14,644 | €18,167 | +€3,523 | +24.1% |
| Deferred charges and accrued income | 490/1 | €35 | €10 | -€25 | -71.2% |
| Total equity and liabilities | 10/49 | €18,263 | €19,140 | +€877 | +4.8% |
| Equity | 10/15 | -€5,060 | -€1,277 | +€3,783 | +74.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €9,560 | €9,560 | = | 0.0% |
| Distributable reserves | 133 | €9,560 | €9,560 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,820 | -€17,037 | +€3,783 | +18.2% |
| Amounts payable | 17/49 | €23,323 | €20,418 | -€2,906 | -12.5% |
| Amounts payable within one year | 42/48 | €23,105 | €20,369 | -€2,736 | -11.8% |
| Trade debts | 44 | €3,769 | €1,146 | -€2,623 | -69.6% |
| Suppliers | 440/4 | €3,769 | €1,146 | -€2,623 | -69.6% |
| Taxes, remuneration and social security | 45 | €1,729 | €716 | -€1,013 | -58.6% |
| Taxes | 450/3 | €1,729 | €716 | -€1,013 | -58.6% |
| Other amounts payable | 47/48 | €17,607 | €18,507 | +€900 | +5.1% |
| Accrued charges and deferred income | 492/3 | €218 | €48 | -€170 | -77.9% |
| Remuneration, social security and pensions | 62 | €146 | €149 | +€3 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €405 | €405 | = | 0.0% |
| Other operating charges | 640/8 | €653 | €672 | +€19 | +2.8% |
| Gross operating margin | 9900 | €8,758 | €5,432 | -€3,326 | -38.0% |
| Operating profit (loss) | 9901 | €7,554 | €4,207 | -€3,347 | -44.3% |
| Financial income | 75/76B | €18 | - | -€18 | |
| Recurring financial income | 75 | €18 | - | -€18 | |
| Financial charges | 65/66B | €73 | €424 | +€351 | +480% |
| Recurring financial charges | 65 | €73 | €424 | +€351 | +480% |
| Profit (loss) for the period before taxes | 9903 | €7,499 | €3,783 | -€3,716 | -49.6% |
| Profit (loss) for the period | 9904 | €7,499 | €3,783 | -€3,716 | -49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,499 | €3,783 | -€3,716 | -49.6% |
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 19 October 2026 via checked.be.