IBOUX: 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.
IBOUX
Largest movements
- Receivables after one year -€335,181
no longer reported in 2025 (was €335,181)
- Cash +€40,471
up €40,471 (+43.9%), from €92,120 to €132,591
mainly Receivables after one year (+€335,181) and Net result for the year (+€216,857)
- Receivables within one year -€28,500
no longer reported in 2025 (was €28,500)
- Tangible fixed assets -€8,210
down €8,210 (-33.9%), from €24,205 to €15,995
of which Furniture and vehicles: -€11,227
- Reserves -€372,643
down €372,643 (-93.3%), from €399,536 to €26,893
- Other debts +€33,249
up €33,249 (+74817.4%), from €44 to €33,293
- Tax, wage and social debts +€10,341
up €10,341 (+18.4%), from €56,327 to €66,668
- Debts after one year -€10,125
down €10,125 (-85.6%), from €11,828 to €1,703
- Trade debts +€7,626
up €7,626 (+46077.8%), from €17 to €7,642
- Gross operating margin +€99,115
up €99,115 (+49.6%), from €199,748 to €298,863
- Taxes +€27,176
up €27,176 (+66.4%), from €40,956 to €68,132
- Financial income -€13,107
no longer reported in 2025 (was €13,107)
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 | €480,713 | €149,324 | -€331,389 | -68.9% |
| Fixed assets | 21/28 | €24,205 | €15,995 | -€8,210 | -33.9% |
| Tangible fixed assets | 22/27 | €24,205 | €15,995 | -€8,210 | -33.9% |
| Plant, machinery and equipment | 23 | - | €1,668 | +€1,668 | |
| Furniture and vehicles | 24 | €24,205 | €12,978 | -€11,227 | -46.4% |
| Other tangible fixed assets | 26 | - | €1,349 | +€1,349 | |
| Current assets | 29/58 | €456,508 | €133,329 | -€323,179 | -70.8% |
| Amounts receivable after more than one year | 29 | €335,181 | - | -€335,181 | |
| Other amounts receivable | 291 | €335,181 | - | -€335,181 | |
| Amounts receivable within one year | 40/41 | €28,500 | - | -€28,500 | |
| Trade receivables | 40 | €28,500 | - | -€28,500 | |
| Cash at bank and in hand | 54/58 | €92,120 | €132,591 | +€40,471 | +43.9% |
| Deferred charges and accrued income | 490/1 | €707 | €738 | +€31 | +4.3% |
| Total equity and liabilities | 10/49 | €480,713 | €149,324 | -€331,389 | -68.9% |
| Equity | 10/15 | €402,536 | €29,893 | -€372,643 | -92.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €399,536 | €26,893 | -€372,643 | -93.3% |
| Distributable reserves | 133 | €399,536 | €26,893 | -€372,643 | -93.3% |
| Amounts payable | 17/49 | €78,178 | €119,432 | +€41,254 | +52.8% |
| Amounts payable after more than one year | 17 | €11,828 | €1,703 | -€10,125 | -85.6% |
| Financial debts | 170/4 | €11,828 | €1,703 | -€10,125 | -85.6% |
| Amounts payable within one year | 42/48 | €66,349 | €117,728 | +€51,379 | +77.4% |
| Current portion of amounts payable after more than one year | 42 | €9,962 | €10,125 | +€163 | +1.6% |
| Trade debts | 44 | €17 | €7,642 | +€7,626 | +46077.8% |
| Suppliers | 440/4 | €17 | €7,642 | +€7,626 | +46077.8% |
| Taxes, remuneration and social security | 45 | €56,327 | €66,668 | +€10,341 | +18.4% |
| Taxes | 450/3 | €56,327 | €66,668 | +€10,341 | +18.4% |
| Other amounts payable | 47/48 | €44 | €33,293 | +€33,249 | +74817.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,227 | €12,357 | +€1,130 | +10.1% |
| Other operating charges | 640/8 | €505 | €1,027 | +€522 | +103.4% |
| Gross operating margin | 9900 | €199,748 | €298,863 | +€99,115 | +49.6% |
| Operating profit (loss) | 9901 | €188,016 | €285,479 | +€97,462 | +51.8% |
| Financial income | 75/76B | €13,107 | - | -€13,107 | |
| Recurring financial income | 75 | €13,107 | - | -€13,107 | |
| Financial charges | 65/66B | €652 | €490 | -€162 | -24.9% |
| Recurring financial charges | 65 | €652 | €490 | -€162 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €200,471 | €284,989 | +€84,518 | +42.2% |
| Income taxes | 67/77 | €40,956 | €68,132 | +€27,176 | +66.4% |
| Profit (loss) for the period | 9904 | €159,515 | €216,857 | +€57,341 | +35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €159,515 | €216,857 | +€57,341 | +35.9% |
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 7 October 2026 via checked.be.