IBSVV: 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.
IBSVV
Largest movements
- Tangible fixed assets -€11,990
down €11,990 (-10.7%), from €112,520 to €100,529
- Cash +€3,095
up €3,095 (+940.3%), from €329 to €3,424
mainly Depreciation (+€11,990) and Other debts (+€1,512)
- Current portion of long-term debt -€6,638
no longer reported in 2025 (was €6,638)
- Profit (loss) carried forward -€3,769
down €3,769 (-74.9%), from -€5,034 to -€8,804
- Other debts +€1,512
up €1,512 (+1.5%), from €102,385 to €103,897
- Financial charges -€238
down €238 (-55.9%), from €426 to €188
- Gross operating margin -€93
down €93 (-1.0%), from €8,884 to €8,792
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 | €112,899 | €104,003 | -€8,895 | -7.9% |
| Fixed assets | 21/28 | €112,570 | €100,579 | -€11,990 | -10.7% |
| Tangible fixed assets | 22/27 | €112,520 | €100,529 | -€11,990 | -10.7% |
| Land and buildings | 22 | €112,520 | €100,529 | -€11,990 | -10.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €329 | €3,424 | +€3,095 | +940.3% |
| Cash at bank and in hand | 54/58 | €329 | €3,424 | +€3,095 | +940.3% |
| Total equity and liabilities | 10/49 | €112,899 | €104,003 | -€8,895 | -7.9% |
| Equity | 10/15 | €3,026 | -€744 | -€3,769 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,034 | -€8,804 | -€3,769 | -74.9% |
| Amounts payable | 17/49 | €109,873 | €104,747 | -€5,126 | -4.7% |
| Amounts payable within one year | 42/48 | €109,023 | €103,897 | -€5,126 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €6,638 | - | -€6,638 | |
| Other amounts payable | 47/48 | €102,385 | €103,897 | +€1,512 | +1.5% |
| Accrued charges and deferred income | 492/3 | €850 | €850 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,990 | €11,990 | = | 0.0% |
| Other operating charges | 640/8 | €381 | €383 | +€2 | +0.5% |
| Gross operating margin | 9900 | €8,884 | €8,792 | -€93 | -1.0% |
| Operating profit (loss) | 9901 | -€3,487 | -€3,581 | -€95 | -2.7% |
| Financial charges | 65/66B | €426 | €188 | -€238 | -55.9% |
| Recurring financial charges | 65 | €426 | €188 | -€238 | -55.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,913 | -€3,769 | +€143 | +3.7% |
| Profit (loss) for the period | 9904 | -€3,913 | -€3,769 | +€143 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,913 | -€3,769 | +€143 | +3.7% |
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 8 October 2026 via checked.be.