IBOO: 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.
IBOO
Largest movements
- Cash -€327,308
down €327,308 (-75.2%), from €435,115 to €107,807
mainly Investment in fixed assets (net) (-€183,743) and Receivables within one year (-€131,263)
- Tangible fixed assets +€164,968
up €164,968 (+161.6%), from €102,077 to €267,045
of which Furniture and vehicles: +€135,937
- Receivables within one year +€131,263
up €131,263 (+21.5%), from €609,910 to €741,173
of which Trade receivables: +€133,263
- Financial fixed assets -€42,500
down €42,500 (-96.4%), from €44,090 to €1,590
- Tax, wage and social debts -€114,633
down €114,633 (-23.4%), from €490,105 to €375,472
of which Taxes: -€131,408
- Trade debts -€87,735
down €87,735 (-23.7%), from €369,841 to €282,106
- Profit (loss) carried forward +€80,885
up €80,885 (+65.7%), from €123,109 to €203,994
- Debts after one year +€72,146
up €72,146 (+409.7%), from €17,610 to €89,756
- Accrued charges and deferred income -€43,478
down €43,478 (-50.0%), from €86,954 to €43,476
- Gross operating margin +€783,601
up €783,601 (+28.1%), from €2.8m to €3.6m
- Staff costs +€743,411
up €743,411 (+29.6%), from €2.5m to €3.3m
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 | €1,192,928 | €1,117,615 | -€75,313 | -6.3% |
| Fixed assets | 21/28 | €146,167 | €268,635 | +€122,468 | +83.8% |
| Tangible fixed assets | 22/27 | €102,077 | €267,045 | +€164,968 | +161.6% |
| Furniture and vehicles | 24 | €102,077 | €238,014 | +€135,937 | +133.2% |
| Other tangible fixed assets | 26 | - | €29,031 | +€29,031 | |
| Financial fixed assets | 28 | €44,090 | €1,590 | -€42,500 | -96.4% |
| Current assets | 29/58 | €1,046,761 | €848,980 | -€197,781 | -18.9% |
| Amounts receivable within one year | 40/41 | €609,910 | €741,173 | +€131,263 | +21.5% |
| Trade receivables | 40 | €607,910 | €741,173 | +€133,263 | +21.9% |
| Other amounts receivable | 41 | €2,000 | - | -€2,000 | |
| Cash at bank and in hand | 54/58 | €435,115 | €107,807 | -€327,308 | -75.2% |
| Deferred charges and accrued income | 490/1 | €1,736 | - | -€1,736 | |
| Total equity and liabilities | 10/49 | €1,192,928 | €1,117,615 | -€75,313 | -6.3% |
| Equity | 10/15 | €199,327 | €280,212 | +€80,885 | +40.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €57,618 | €57,618 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €55,758 | €55,758 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,109 | €203,994 | +€80,885 | +65.7% |
| Amounts payable | 17/49 | €993,601 | €837,403 | -€156,198 | -15.7% |
| Amounts payable after more than one year | 17 | €17,610 | €89,756 | +€72,146 | +409.7% |
| Financial debts | 170/4 | €17,610 | €89,756 | +€72,146 | +409.7% |
| Amounts payable within one year | 42/48 | €889,037 | €704,171 | -€184,866 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €26,663 | €45,210 | +€18,547 | +69.6% |
| Trade debts | 44 | €369,841 | €282,106 | -€87,735 | -23.7% |
| Suppliers | 440/4 | €369,841 | €282,106 | -€87,735 | -23.7% |
| Taxes, remuneration and social security | 45 | €490,105 | €375,472 | -€114,633 | -23.4% |
| Taxes | 450/3 | €182,946 | €51,538 | -€131,408 | -71.8% |
| Remuneration and social security | 454/9 | €307,159 | €323,934 | +€16,775 | +5.5% |
| Other amounts payable | 47/48 | €2,428 | €1,383 | -€1,045 | -43.0% |
| Accrued charges and deferred income | 492/3 | €86,954 | €43,476 | -€43,478 | -50.0% |
| Remuneration, social security and pensions | 62 | €2,507,803 | €3,251,214 | +€743,411 | +29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,729 | €61,275 | +€23,546 | +62.4% |
| Other operating charges | 640/8 | €2,976 | €4,825 | +€1,849 | +62.1% |
| Gross operating margin | 9900 | €2,787,633 | €3,571,234 | +€783,601 | +28.1% |
| Operating profit (loss) | 9901 | €239,125 | €253,920 | +€14,795 | +6.2% |
| Financial income | 75/76B | €28 | €24 | -€4 | -14.3% |
| Recurring financial income | 75 | €28 | €24 | -€4 | -14.3% |
| Financial charges | 65/66B | €1,508 | €3,056 | +€1,548 | +102.7% |
| Recurring financial charges | 65 | €1,508 | €3,056 | +€1,548 | +102.7% |
| Profit (loss) for the period before taxes | 9903 | €237,645 | €250,888 | +€13,243 | +5.6% |
| Income taxes | 67/77 | €53,089 | €47,503 | -€5,586 | -10.5% |
| Profit (loss) for the period | 9904 | €184,556 | €203,385 | +€18,829 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €184,556 | €203,385 | +€18,829 | +10.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.