IBP&C: 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.
IBP&C
Largest movements
- Cash +€23,218
up €23,218 (+84.8%), from €27,370 to €50,588
mainly Net result for the year (+€18,248) and Receivables within one year (+€2,451)
- Receivables within one year -€2,451
down €2,451 (-41.7%), from €5,880 to €3,429
of which Other amounts receivable: -€1,446
- Deferred charges and accrued income -€1,144
no longer reported in 2025 (was €1,144)
- Profit (loss) carried forward +€17,415
up €17,415 (+51.1%), from €34,058 to €51,473
- Tax, wage and social debts +€1,685
new in 2025: €1,685
- Other debts +€583
up €583 (+67.9%), from €859 to €1,442
- Trade debts -€583
down €583 (-40.4%), from €1,441 to €858
- Gross operating margin -€20,354
down €20,354 (-46.2%), from €44,056 to €23,702
- Taxes -€4,062
down €4,062 (-44.9%), from €9,052 to €4,990
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 | €36,858 | €55,959 | +€19,101 | +51.8% |
| Fixed assets | 21/28 | €2,464 | €1,942 | -€523 | -21.2% |
| Tangible fixed assets | 22/27 | €2,464 | €1,942 | -€523 | -21.2% |
| Furniture and vehicles | 24 | €2,464 | €1,942 | -€523 | -21.2% |
| Current assets | 29/58 | €34,394 | €54,017 | +€19,623 | +57.1% |
| Amounts receivable within one year | 40/41 | €5,880 | €3,429 | -€2,451 | -41.7% |
| Trade receivables | 40 | €3,111 | €2,106 | -€1,005 | -32.3% |
| Other amounts receivable | 41 | €2,769 | €1,323 | -€1,446 | -52.2% |
| Cash at bank and in hand | 54/58 | €27,370 | €50,588 | +€23,218 | +84.8% |
| Deferred charges and accrued income | 490/1 | €1,144 | - | -€1,144 | |
| Total equity and liabilities | 10/49 | €36,858 | €55,959 | +€19,101 | +51.8% |
| Equity | 10/15 | €34,558 | €51,973 | +€17,415 | +50.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,058 | €51,473 | +€17,415 | +51.1% |
| Amounts payable | 17/49 | €2,300 | €3,986 | +€1,686 | +73.3% |
| Amounts payable within one year | 42/48 | €2,300 | €3,986 | +€1,686 | +73.3% |
| Trade debts | 44 | €1,441 | €858 | -€583 | -40.4% |
| Suppliers | 440/4 | €1,441 | €858 | -€583 | -40.4% |
| Taxes, remuneration and social security | 45 | - | €1,685 | +€1,685 | |
| Taxes | 450/3 | - | €1,685 | +€1,685 | |
| Other amounts payable | 47/48 | €859 | €1,442 | +€583 | +67.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149 | €523 | +€373 | +249.7% |
| Gross operating margin | 9900 | €44,056 | €23,702 | -€20,354 | -46.2% |
| Operating profit (loss) | 9901 | €43,906 | €23,179 | -€20,727 | -47.2% |
| Financial income | 75/76B | €98 | €281 | +€183 | +187.2% |
| Recurring financial income | 75 | €98 | €281 | +€183 | +187.2% |
| Financial charges | 65/66B | €35 | €223 | +€188 | +542.0% |
| Recurring financial charges | 65 | €35 | €223 | +€188 | +542.0% |
| Profit (loss) for the period before taxes | 9903 | €43,969 | €23,238 | -€20,732 | -47.2% |
| Income taxes | 67/77 | €9,052 | €4,990 | -€4,062 | -44.9% |
| Profit (loss) for the period | 9904 | €34,917 | €18,248 | -€16,670 | -47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,917 | €18,248 | -€16,670 | -47.7% |
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 3 October 2026 via checked.be.