IBOUW CONCEPT: 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.
IBOUW CONCEPT
Largest movements
- Receivables within one year +€53,455
up €53,455 (+1,061%), from €5,038 to €58,493
of which Trade receivables: +€49,863
- Cash +€21,278
up €21,278 (+231%), from €9,222 to €30,501
mainly Net result for the year (+€48,277) and Trade debts (+€32,744)
- Tangible fixed assets +€2,117
up €2,117 (+57.7%), from €3,672 to €5,789
of which Furniture and vehicles: +€1,619
- Profit (loss) carried forward +€48,277
up €48,277, from -€30,794 to €17,482
- Trade debts +€32,744
up €32,744 (+1,030%), from €3,180 to €35,924
- Other debts -€13,987
down €13,987 (-34.6%), from €40,390 to €26,403
- Tax, wage and social debts +€10,122
up €10,122 (+368%), from €2,751 to €12,873
- Purchases and services +€118,826
up €118,826 (+215%), from €55,379 to €174,204
- Turnover +€96,715
up €96,715 (+81.8%), from €118,258 to €214,973
- Taxes +€4,951
new in 2025: €4,951
- Gross operating margin -€3,515
down €3,515 (-5.6%), from €62,879 to €59,364
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 | €18,526 | €95,683 | +€77,156 | +416% |
| Fixed assets | 21/28 | €4,266 | €6,689 | +€2,423 | +56.8% |
| Intangible fixed assets | 21 | €594 | - | -€594 | |
| Tangible fixed assets | 22/27 | €3,672 | €5,789 | +€2,117 | +57.7% |
| Plant, machinery and equipment | 23 | €2,672 | €3,170 | +€498 | +18.6% |
| Furniture and vehicles | 24 | €1,000 | €2,619 | +€1,619 | +162% |
| Financial fixed assets | 28 | - | €900 | +€900 | |
| Current assets | 29/58 | €14,261 | €88,994 | +€74,733 | +524% |
| Amounts receivable within one year | 40/41 | €5,038 | €58,493 | +€53,455 | +1,061% |
| Trade receivables | 40 | €2,882 | €52,745 | +€49,863 | +1,730% |
| Other amounts receivable | 41 | €2,156 | €5,749 | +€3,592 | +167% |
| Cash at bank and in hand | 54/58 | €9,222 | €30,501 | +€21,278 | +231% |
| Total equity and liabilities | 10/49 | €18,526 | €95,683 | +€77,156 | +416% |
| Equity | 10/15 | -€27,794 | €20,482 | +€48,277 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,794 | €17,482 | +€48,277 | |
| Amounts payable | 17/49 | €46,321 | €75,200 | +€28,880 | +62.3% |
| Amounts payable within one year | 42/48 | €46,321 | €75,200 | +€28,880 | +62.3% |
| Trade debts | 44 | €3,180 | €35,924 | +€32,744 | +1,030% |
| Suppliers | 440/4 | €3,180 | €35,924 | +€32,744 | +1,030% |
| Taxes, remuneration and social security | 45 | €2,751 | €12,873 | +€10,122 | +368% |
| Taxes | 450/3 | €2,751 | €12,873 | +€10,122 | +368% |
| Other amounts payable | 47/48 | €40,390 | €26,403 | -€13,987 | -34.6% |
| Turnover | 70 | €118,258 | €214,973 | +€96,715 | +81.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €55,379 | €174,204 | +€118,826 | +215% |
| Remuneration, social security and pensions | 62 | €87 | - | -€87 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,544 | €3,685 | +€141 | +4.0% |
| Other operating charges | 640/8 | €118 | €1,610 | +€1,492 | +1,264% |
| Gross operating margin | 9900 | €62,879 | €59,364 | -€3,515 | -5.6% |
| Operating profit (loss) | 9901 | €59,130 | €54,069 | -€5,061 | -8.6% |
| Financial charges | 65/66B | €201 | €841 | +€641 | +319% |
| Recurring financial charges | 65 | €201 | €841 | +€641 | +319% |
| Profit (loss) for the period before taxes | 9903 | €58,929 | €53,228 | -€5,701 | -9.7% |
| Income taxes | 67/77 | - | €4,951 | +€4,951 | |
| Profit (loss) for the period | 9904 | €58,929 | €48,277 | -€10,653 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €58,929 | €48,277 | -€10,653 | -18.1% |
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 25 October 2026 via checked.be.