iBucon: 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.
iBucon
Largest movements
- Tangible fixed assets -€19,553
down €19,553 (-2.6%), from €753,893 to €734,340
of which Land and buildings: -€16,415
- Other debts +€68,164
up €68,164 (+1561.4%), from €4,365 to €72,529
- Debts after one year -€35,138
down €35,138 (-10.5%), from €334,965 to €299,827
- Short-term financial debts -€28,577
down €28,577 (-93.8%), from €30,459 to €1,882
of which Other loans: -€20,119
- Reserves -€21,726
down €21,726 (-6.2%), from €347,918 to €326,192
- Gross operating margin +€64,166
up €64,166 (+128.7%), from €49,872 to €114,038
- Taxes +€7,686
up €7,686 (+49.6%), from €15,495 to €23,181
- Financial charges +€2,441
up €2,441 (+20.0%), from €12,211 to €14,652
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 | €805,231 | €795,948 | -€9,283 | -1.2% |
| Fixed assets | 21/28 | €753,893 | €734,340 | -€19,553 | -2.6% |
| Tangible fixed assets | 22/27 | €753,893 | €734,340 | -€19,553 | -2.6% |
| Land and buildings | 22 | €747,542 | €731,126 | -€16,415 | -2.2% |
| Furniture and vehicles | 24 | €6,351 | €3,213 | -€3,138 | -49.4% |
| Current assets | 29/58 | €51,338 | €61,608 | +€10,270 | +20.0% |
| Amounts receivable within one year | 40/41 | €30,417 | €36,661 | +€6,244 | +20.5% |
| Trade receivables | 40 | €11,862 | €27,038 | +€15,176 | +127.9% |
| Other amounts receivable | 41 | €18,555 | €9,623 | -€8,933 | -48.1% |
| Cash at bank and in hand | 54/58 | €20,308 | €24,947 | +€4,639 | +22.8% |
| Deferred charges and accrued income | 490/1 | €613 | - | -€613 | |
| Total equity and liabilities | 10/49 | €805,231 | €795,948 | -€9,283 | -1.2% |
| Equity | 10/15 | €354,118 | €332,392 | -€21,726 | -6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €347,918 | €326,192 | -€21,726 | -6.2% |
| Distributable reserves | 133 | €347,918 | €326,192 | -€21,726 | -6.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €451,113 | €463,556 | +€12,443 | +2.8% |
| Amounts payable after more than one year | 17 | €334,965 | €299,827 | -€35,138 | -10.5% |
| Financial debts | 170/4 | €334,965 | €299,827 | -€35,138 | -10.5% |
| Amounts payable within one year | 42/48 | €116,082 | €163,729 | +€47,647 | +41.0% |
| Current portion of amounts payable after more than one year | 42 | €34,439 | €36,904 | +€2,465 | +7.2% |
| Financial debts | 43 | €30,459 | €1,882 | -€28,577 | -93.8% |
| Credit institutions | 430/8 | €8,459 | - | -€8,459 | |
| Other loans | 439 | €22,000 | €1,882 | -€20,119 | -91.4% |
| Trade debts | 44 | €9,893 | €10,159 | +€266 | +2.7% |
| Suppliers | 440/4 | €9,893 | €10,159 | +€266 | +2.7% |
| Taxes, remuneration and social security | 45 | €36,926 | €42,255 | +€5,329 | +14.4% |
| Taxes | 450/3 | €36,926 | €37,079 | +€154 | +0.4% |
| Remuneration and social security | 454/9 | - | €5,175 | +€5,175 | |
| Other amounts payable | 47/48 | €4,365 | €72,529 | +€68,164 | +1561.4% |
| Accrued charges and deferred income | 492/3 | €66 | - | -€66 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,781 | €23,812 | +€31 | +0.1% |
| Other operating charges | 640/8 | €2,862 | €1,789 | -€1,073 | -37.5% |
| Gross operating margin | 9900 | €49,872 | €114,038 | +€64,166 | +128.7% |
| Operating profit (loss) | 9901 | €23,228 | €88,436 | +€65,208 | +280.7% |
| Financial income | 75/76B | €10 | €199 | +€189 | +1877.0% |
| Recurring financial income | 75 | €10 | €199 | +€189 | +1877.0% |
| Financial charges | 65/66B | €12,211 | €14,652 | +€2,441 | +20.0% |
| Recurring financial charges | 65 | €12,211 | €14,652 | +€2,441 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €11,027 | €73,984 | +€62,956 | +570.9% |
| Income taxes | 67/77 | €15,495 | €23,181 | +€7,686 | +49.6% |
| Profit (loss) for the period | 9904 | -€4,467 | €50,803 | +€55,270 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,467 | €50,803 | +€55,270 |
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 10 October 2026 via checked.be.