IBOMA: 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.
IBOMA
Largest movements
- Cash +€431,753
up €431,753 (+349%), from €123,787 to €555,540
mainly Current investments (+€288,884) and Net result for the year (+€145,461)
- Current investments -€288,884
down €288,884 (-31.9%), from €905,273 to €616,389
- Tangible fixed assets +€28,351
up €28,351 (+13.6%), from €207,993 to €236,344
- Receivables within one year -€15,503
down €15,503 (-58.7%), from €26,409 to €10,906
of which Trade receivables: -€12,409
- Profit (loss) carried forward +€145,461
up €145,461 (+12.7%), from €1.1m to €1.3m
- Financial income -€18,552
down €18,552 (-49.2%), from €37,691 to €19,139
- Financial charges +€9,292
up €9,292 (+14,709%), from €63 to €9,355
- Taxes -€6,967
down €6,967 (-12.5%), from €55,659 to €48,692
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 | €1,291,474 | €1,438,103 | +€146,629 | +11.4% |
| Fixed assets | 21/28 | €207,993 | €236,344 | +€28,351 | +13.6% |
| Tangible fixed assets | 22/27 | €207,993 | €236,344 | +€28,351 | +13.6% |
| Land and buildings | 22 | €207,993 | €236,344 | +€28,351 | +13.6% |
| Current assets | 29/58 | €1,083,480 | €1,201,759 | +€118,279 | +10.9% |
| Amounts receivable within one year | 40/41 | €26,409 | €10,906 | -€15,503 | -58.7% |
| Trade receivables | 40 | €12,409 | €0 | -€12,409 | -100% |
| Other amounts receivable | 41 | €14,000 | €10,906 | -€3,094 | -22.1% |
| Current investments | 50/53 | €905,273 | €616,389 | -€288,884 | -31.9% |
| Cash at bank and in hand | 54/58 | €123,787 | €555,540 | +€431,753 | +349% |
| Deferred charges and accrued income | 490/1 | €28,012 | €18,924 | -€9,087 | -32.4% |
| Total equity and liabilities | 10/49 | €1,291,474 | €1,438,103 | +€146,629 | +11.4% |
| Equity | 10/15 | €1,254,157 | €1,399,618 | +€145,461 | +11.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €45,974 | €45,974 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,128 | €25,128 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Other | 1319 | €18,978 | €18,978 | = | 0.0% |
| Distributable reserves | 133 | €20,846 | €20,846 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,146,683 | €1,292,144 | +€145,461 | +12.7% |
| Amounts payable | 17/49 | €37,317 | €38,485 | +€1,168 | +3.1% |
| Amounts payable within one year | 42/48 | €37,317 | €38,485 | +€1,168 | +3.1% |
| Trade debts | 44 | €37,317 | €38,485 | +€1,168 | +3.1% |
| Suppliers | 440/4 | €37,317 | €38,485 | +€1,168 | +3.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,924 | €4,924 | = | 0.0% |
| Other operating charges | 640/8 | €13,517 | €13,940 | +€423 | +3.1% |
| Gross operating margin | 9900 | €204,876 | €203,233 | -€1,643 | -0.8% |
| Operating profit (loss) | 9901 | €186,435 | €184,369 | -€2,067 | -1.1% |
| Financial income | 75/76B | €37,691 | €19,139 | -€18,552 | -49.2% |
| Recurring financial income | 75 | €37,691 | €19,139 | -€18,552 | -49.2% |
| Financial charges | 65/66B | €63 | €9,355 | +€9,292 | +14,709% |
| Recurring financial charges | 65 | €63 | €9,355 | +€9,292 | +14,709% |
| Profit (loss) for the period before taxes | 9903 | €224,063 | €194,153 | -€29,910 | -13.3% |
| Income taxes | 67/77 | €55,659 | €48,692 | -€6,967 | -12.5% |
| Profit (loss) for the period | 9904 | €168,403 | €145,461 | -€22,942 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €168,403 | €145,461 | -€22,942 | -13.6% |
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 17 October 2026 via checked.be.