IBOUW TECH: 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.
IBOUW TECH
Largest movements
- Receivables within one year +€241,001
up €241,001 (+109.3%), from €220,572 to €461,572
of which Trade receivables: +€206,176
- Tangible fixed assets -€67,056
down €67,056 (-74.2%), from €90,359 to €23,303
of which Furniture and vehicles: -€63,573
- Deferred charges and accrued income -€58,089
no longer reported in 2025 (was €58,089)
- Cash +€9,403
up €9,403 (+54.5%), from €17,254 to €26,657
mainly Trade debts (+€64,941) and Deferred charges and accrued income (+€58,089)
- Trade debts +€64,941
up €64,941 (+152.0%), from €42,736 to €107,677
- Profit (loss) carried forward +€46,132
up €46,132 (+17.2%), from €267,975 to €314,107
- Accrued charges and deferred income +€32,570
new in 2025: €32,570
- Tax, wage and social debts +€24,155
up €24,155 (+198.2%), from €12,185 to €36,340
of which Taxes: +€24,682
- Other debts -€22,269
no longer reported in 2025 (was €22,269)
- Staff costs -€40,407
down €40,407 (-73.8%), from €54,769 to €14,362
- Taxes +€16,934
up €16,934 (+458.8%), from €3,691 to €20,625
- Depreciation -€15,468
down €15,468 (-51.2%), from €30,217 to €14,749
- Other operating charges +€12,537
up €12,537 (+116.8%), from €10,731 to €23,269
- Financial income +€7,415
up €7,415 (+13664.9%), from €54 to €7,469
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 | €393,242 | €518,501 | +€125,259 | +31.9% |
| Fixed assets | 21/28 | €97,327 | €30,271 | -€67,056 | -68.9% |
| Tangible fixed assets | 22/27 | €90,359 | €23,303 | -€67,056 | -74.2% |
| Plant, machinery and equipment | 23 | €2,527 | €1,318 | -€1,209 | -47.8% |
| Furniture and vehicles | 24 | €77,231 | €13,659 | -€63,573 | -82.3% |
| Other tangible fixed assets | 26 | €10,601 | €8,326 | -€2,274 | -21.5% |
| Financial fixed assets | 28 | €6,968 | €6,968 | = | 0.0% |
| Current assets | 29/58 | €295,915 | €488,230 | +€192,315 | +65.0% |
| Amounts receivable within one year | 40/41 | €220,572 | €461,572 | +€241,001 | +109.3% |
| Trade receivables | 40 | €182,760 | €388,935 | +€206,176 | +112.8% |
| Other amounts receivable | 41 | €37,812 | €72,637 | +€34,825 | +92.1% |
| Cash at bank and in hand | 54/58 | €17,254 | €26,657 | +€9,403 | +54.5% |
| Deferred charges and accrued income | 490/1 | €58,089 | - | -€58,089 | |
| Total equity and liabilities | 10/49 | €393,242 | €518,501 | +€125,259 | +31.9% |
| Equity | 10/15 | €288,435 | €334,567 | +€46,132 | +16.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €267,975 | €314,107 | +€46,132 | +17.2% |
| Amounts payable | 17/49 | €104,807 | €183,934 | +€79,127 | +75.5% |
| Amounts payable after more than one year | 17 | €12,991 | - | -€12,991 | |
| Financial debts | 170/4 | €12,991 | - | -€12,991 | |
| Amounts payable within one year | 42/48 | €91,816 | €151,364 | +€59,548 | +64.9% |
| Current portion of amounts payable after more than one year | 42 | €14,626 | €7,346 | -€7,280 | -49.8% |
| Trade debts | 44 | €42,736 | €107,677 | +€64,941 | +152.0% |
| Suppliers | 440/4 | €42,736 | €107,677 | +€64,941 | +152.0% |
| Taxes, remuneration and social security | 45 | €12,185 | €36,340 | +€24,155 | +198.2% |
| Taxes | 450/3 | €4,141 | €28,823 | +€24,682 | +596.1% |
| Remuneration and social security | 454/9 | €8,044 | €7,517 | -€527 | -6.6% |
| Other amounts payable | 47/48 | €22,269 | - | -€22,269 | |
| Accrued charges and deferred income | 492/3 | - | €32,570 | +€32,570 | |
| Non-recurring operating income | 76A | - | €18,374 | +€18,374 | |
| Remuneration, social security and pensions | 62 | €54,769 | €14,362 | -€40,407 | -73.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,217 | €14,749 | -€15,468 | -51.2% |
| Other operating charges | 640/8 | €10,731 | €23,269 | +€12,537 | +116.8% |
| Non-recurring operating charges | 66A | €10 | - | -€10 | |
| Gross operating margin | 9900 | €112,218 | €112,732 | +€514 | +0.5% |
| Operating profit (loss) | 9901 | €16,491 | €60,352 | +€43,861 | +266.0% |
| Financial income | 75/76B | €54 | €7,469 | +€7,415 | +13664.9% |
| Recurring financial income | 75 | €54 | €7,469 | +€7,415 | +13664.9% |
| Financial charges | 65/66B | €1,493 | €1,064 | -€429 | -28.7% |
| Recurring financial charges | 65 | €1,493 | €1,064 | -€429 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €15,052 | €66,757 | +€51,705 | +343.5% |
| Income taxes | 67/77 | €3,691 | €20,625 | +€16,934 | +458.8% |
| Profit (loss) for the period | 9904 | €11,362 | €46,132 | +€34,771 | +306.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,362 | €46,132 | +€34,771 | +306.0% |
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.