IBO SERVICES: 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 SERVICES
Largest movements
- Tangible fixed assets +€18,362
up €18,362 (+109%), from €16,842 to €35,204
- Receivables within one year -€12,547
down €12,547 (-55.6%), from €22,547 to €10,000
of which Trade receivables: -€9,504
- Cash +€1,485
up €1,485 (+32.2%), from €4,615 to €6,100
mainly Net result for the year (+€30,276) and Receivables within one year (+€12,547)
- Profit (loss) carried forward +€30,276
up €30,276 (+2,159%), from €1,402 to €31,678
- Trade debts -€26,839
down €26,839 (-85.4%), from €31,424 to €4,586
- Other debts +€4,452
new in 2025: €4,452
- Tax, wage and social debts -€588
down €588 (-50.0%), from €1,177 to €589
- Gross operating margin +€40,141
up €40,141 (+553%), from €7,262 to €47,402
- Depreciation +€7,684
up €7,684 (+186%), from €4,137 to €11,822
- Other operating charges +€2,432
up €2,432 (+162%), from €1,498 to €3,930
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 | €44,004 | €51,305 | +€7,301 | +16.6% |
| Fixed assets | 21/28 | €16,842 | €35,204 | +€18,362 | +109% |
| Tangible fixed assets | 22/27 | €16,842 | €35,204 | +€18,362 | +109% |
| Furniture and vehicles | 24 | €16,842 | €35,204 | +€18,362 | +109% |
| Current assets | 29/58 | €27,162 | €16,100 | -€11,061 | -40.7% |
| Amounts receivable within one year | 40/41 | €22,547 | €10,000 | -€12,547 | -55.6% |
| Trade receivables | 40 | €9,504 | - | -€9,504 | |
| Other amounts receivable | 41 | €13,043 | €10,000 | -€3,043 | -23.3% |
| Cash at bank and in hand | 54/58 | €4,615 | €6,100 | +€1,485 | +32.2% |
| Total equity and liabilities | 10/49 | €44,004 | €51,305 | +€7,301 | +16.6% |
| Equity | 10/15 | €11,402 | €41,678 | +€30,276 | +266% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,402 | €31,678 | +€30,276 | +2,159% |
| Amounts payable | 17/49 | €32,602 | €9,626 | -€22,975 | -70.5% |
| Amounts payable within one year | 42/48 | €32,602 | €9,626 | -€22,975 | -70.5% |
| Trade debts | 44 | €31,424 | €4,586 | -€26,839 | -85.4% |
| Suppliers | 440/4 | €31,424 | €4,586 | -€26,839 | -85.4% |
| Taxes, remuneration and social security | 45 | €1,177 | €589 | -€588 | -50.0% |
| Taxes | 450/3 | €1,177 | €589 | -€588 | -50.0% |
| Other amounts payable | 47/48 | - | €4,452 | +€4,452 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,137 | €11,822 | +€7,684 | +186% |
| Other operating charges | 640/8 | €1,498 | €3,930 | +€2,432 | +162% |
| Non-recurring operating charges | 66A | - | €360 | +€360 | |
| Gross operating margin | 9900 | €7,262 | €47,402 | +€40,141 | +553% |
| Operating profit (loss) | 9901 | €1,627 | €31,291 | +€29,664 | +1,824% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €224 | €655 | +€431 | +192% |
| Recurring financial charges | 65 | €224 | €205 | -€19 | -8.4% |
| Non-recurring financial charges | 66B | - | €450 | +€450 | |
| Profit (loss) for the period before taxes | 9903 | €1,402 | €30,635 | +€29,233 | +2,085% |
| Income taxes | 67/77 | - | €359 | +€359 | |
| Profit (loss) for the period | 9904 | €1,402 | €30,276 | +€28,874 | +2,059% |
| Profit (loss) for the period to be appropriated | 9905 | €1,402 | €30,276 | +€28,874 | +2,059% |
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 23 October 2026 via checked.be.