IBUCOM: 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.
IBUCOM
Largest movements
- Tangible fixed assets -€12,466
down €12,466 (-20.7%), from €60,127 to €47,661
of which Land and buildings: -€8,668
- Debts after one year -€7,833
down €7,833 (-15.8%), from €49,612 to €41,779
- Profit (loss) carried forward -€7,371
down €7,371 (-41.4%), from -€17,785 to -€25,156
- Gross operating margin -€20,834
down €20,834, from €19,525 to -€1,309
- Financial income +€10,037
up €10,037 (+1,003,700%), from €1 to €10,038
- Depreciation -€2,188
down €2,188 (-14.9%), from €14,654 to €12,466
- Financial charges -€564
down €564 (-21.3%), from €2,653 to €2,089
- Other operating charges -€236
down €236 (-13.3%), from €1,781 to €1,545
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 | €168,804 | €153,413 | -€15,391 | -9.1% |
| Fixed assets | 21/28 | €60,127 | €47,661 | -€12,466 | -20.7% |
| Tangible fixed assets | 22/27 | €60,127 | €47,661 | -€12,466 | -20.7% |
| Land and buildings | 22 | €49,216 | €40,548 | -€8,668 | -17.6% |
| Plant, machinery and equipment | 23 | €912 | €397 | -€515 | -56.5% |
| Furniture and vehicles | 24 | €9,999 | €6,716 | -€3,283 | -32.8% |
| Current assets | 29/58 | €108,677 | €105,752 | -€2,925 | -2.7% |
| Amounts receivable within one year | 40/41 | €41,322 | €40,964 | -€358 | -0.9% |
| Trade receivables | 40 | €933 | €933 | = | 0.0% |
| Other amounts receivable | 41 | €40,389 | €40,031 | -€358 | -0.9% |
| Cash at bank and in hand | 54/58 | €60,000 | €59,095 | -€905 | -1.5% |
| Deferred charges and accrued income | 490/1 | €7,355 | €5,693 | -€1,662 | -22.6% |
| Total equity and liabilities | 10/49 | €168,804 | €153,413 | -€15,391 | -9.1% |
| Equity | 10/15 | €36,825 | €29,454 | -€7,371 | -20.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €4,610 | €4,610 | = | 0.0% |
| Distributable reserves | 133 | €4,610 | €4,610 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,785 | -€25,156 | -€7,371 | -41.4% |
| Amounts payable | 17/49 | €131,979 | €123,959 | -€8,020 | -6.1% |
| Amounts payable after more than one year | 17 | €49,612 | €41,779 | -€7,833 | -15.8% |
| Financial debts | 170/4 | €49,612 | €41,779 | -€7,833 | -15.8% |
| Amounts payable within one year | 42/48 | €82,367 | €82,180 | -€187 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €7,833 | €7,833 | = | 0.0% |
| Trade debts | 44 | €466 | €182 | -€284 | -60.9% |
| Suppliers | 440/4 | €466 | €182 | -€284 | -60.9% |
| Other amounts payable | 47/48 | €74,068 | €74,165 | +€97 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,654 | €12,466 | -€2,188 | -14.9% |
| Other operating charges | 640/8 | €1,781 | €1,545 | -€236 | -13.3% |
| Gross operating margin | 9900 | €19,525 | -€1,309 | -€20,834 | |
| Operating profit (loss) | 9901 | €3,090 | -€15,320 | -€18,410 | |
| Financial income | 75/76B | €1 | €10,038 | +€10,037 | +1,003,700% |
| Recurring financial income | 75 | €1 | €10,038 | +€10,037 | +1,003,700% |
| Financial charges | 65/66B | €2,653 | €2,089 | -€564 | -21.3% |
| Recurring financial charges | 65 | €2,653 | €2,089 | -€564 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €438 | -€7,371 | -€7,809 | |
| Profit (loss) for the period | 9904 | €438 | -€7,371 | -€7,809 | |
| Profit (loss) for the period to be appropriated | 9905 | €438 | -€7,371 | -€7,809 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.