IBU Management: 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.
IBU Management
Largest movements
- Tangible fixed assets +€9,730
up €9,730 (+232%), from €4,189 to €13,920
of which Furniture and vehicles: +€8,832
- Receivables within one year +€897
up €897 (+4.7%), from €19,217 to €20,114
of which Other amounts receivable: +€2,685
- Profit (loss) carried forward +€15,566
up €15,566 (+87.6%), from €17,761 to €33,327
- Tax, wage and social debts -€3,747
down €3,747 (-28.8%), from €13,017 to €9,269
- Trade debts -€1,663
down €1,663 (-36.6%), from €4,543 to €2,880
- Gross operating margin +€30,037
up €30,037, from -€7,219 to €22,818
- Taxes +€2,973
up €2,973 (+739%), from €403 to €3,376
- Depreciation +€2,509
up €2,509 (+156%), from €1,608 to €4,117
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 | €39,641 | €49,477 | +€9,836 | +24.8% |
| Fixed assets | 21/28 | €4,189 | €13,920 | +€9,730 | +232% |
| Tangible fixed assets | 22/27 | €4,189 | €13,920 | +€9,730 | +232% |
| Furniture and vehicles | 24 | €4,189 | €13,021 | +€8,832 | +211% |
| Other tangible fixed assets | 26 | - | €899 | +€899 | |
| Current assets | 29/58 | €35,452 | €35,557 | +€106 | +0.3% |
| Amounts receivable within one year | 40/41 | €19,217 | €20,114 | +€897 | +4.7% |
| Trade receivables | 40 | €11,180 | €9,392 | -€1,788 | -16.0% |
| Other amounts receivable | 41 | €8,037 | €10,722 | +€2,685 | +33.4% |
| Cash at bank and in hand | 54/58 | €15,744 | €15,444 | -€301 | -1.9% |
| Deferred charges and accrued income | 490/1 | €491 | - | -€491 | |
| Total equity and liabilities | 10/49 | €39,641 | €49,477 | +€9,836 | +24.8% |
| Equity | 10/15 | €21,761 | €37,327 | +€15,566 | +71.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,761 | €33,327 | +€15,566 | +87.6% |
| Amounts payable | 17/49 | €17,880 | €12,150 | -€5,731 | -32.0% |
| Amounts payable within one year | 42/48 | €17,560 | €12,150 | -€5,411 | -30.8% |
| Trade debts | 44 | €4,543 | €2,880 | -€1,663 | -36.6% |
| Suppliers | 440/4 | €4,543 | €2,880 | -€1,663 | -36.6% |
| Taxes, remuneration and social security | 45 | €13,017 | €9,269 | -€3,747 | -28.8% |
| Taxes | 450/3 | €13,017 | €9,269 | -€3,747 | -28.8% |
| Accrued charges and deferred income | 492/3 | €320 | - | -€320 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,608 | €4,117 | +€2,509 | +156% |
| Other operating charges | 640/8 | - | €70 | +€70 | |
| Gross operating margin | 9900 | -€7,219 | €22,818 | +€30,037 | |
| Operating profit (loss) | 9901 | -€8,827 | €18,632 | +€27,458 | |
| Financial income | 75/76B | €405 | €500 | +€95 | +23.5% |
| Recurring financial income | 75 | €405 | €500 | +€95 | +23.5% |
| Financial charges | 65/66B | €39 | €189 | +€150 | +384% |
| Recurring financial charges | 65 | €39 | €189 | +€150 | +384% |
| Profit (loss) for the period before taxes | 9903 | -€8,461 | €18,942 | +€27,403 | |
| Income taxes | 67/77 | €403 | €3,376 | +€2,973 | +739% |
| Profit (loss) for the period | 9904 | -€8,864 | €15,566 | +€24,430 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,864 | €15,566 | +€24,430 |
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 24 October 2026 via checked.be.