IBUILDERS: 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.
IBUILDERS
Largest movements
- Tangible fixed assets -€11,804
down €11,804 (-78.7%), from €14,989 to €3,186
of which Furniture and vehicles: -€11,518
- Stocks and contracts -€2,766
down €2,766 (-18.7%), from €14,790 to €12,024
- Trade debts -€9,498
down €9,498 (-87.8%), from €10,813 to €1,315
- Debts after one year -€8,821
down €8,821 (-74.4%), from €11,852 to €3,031
- Short-term financial debts -€4,492
down €4,492 (-9.8%), from €45,702 to €41,210
- Profit (loss) carried forward +€4,229
up €4,229, from -€4,229 to €0
- Tax, wage and social debts +€1,146
up €1,146 (+236.2%), from €485 to €1,631
- Financial charges -€5,508
down €5,508 (-48.2%), from €11,434 to €5,926
- Gross operating margin +€3,358
up €3,358 (+17.4%), from €19,312 to €22,670
- Taxes +€1,469
up €1,469 (+910.9%), from €161 to €1,631
- Depreciation -€417
down €417 (-3.3%), from €12,804 to €12,387
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,374 | €97,358 | -€16,016 | -14.1% |
| Fixed assets | 21/28 | €17,770 | €5,383 | -€12,387 | -69.7% |
| Intangible fixed assets | 21 | €583 | €0 | -€583 | -100.0% |
| Tangible fixed assets | 22/27 | €14,989 | €3,186 | -€11,804 | -78.7% |
| Plant, machinery and equipment | 23 | €1,009 | €724 | -€285 | -28.3% |
| Furniture and vehicles | 24 | €13,980 | €2,461 | -€11,518 | -82.4% |
| Financial fixed assets | 28 | €2,197 | €2,197 | = | 0.0% |
| Current assets | 29/58 | €95,604 | €91,975 | -€3,629 | -3.8% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €14,790 | €12,024 | -€2,766 | -18.7% |
| Stocks | 30/36 | €14,790 | €12,024 | -€2,766 | -18.7% |
| Amounts receivable within one year | 40/41 | €49,044 | €49,088 | +€44 | +0.1% |
| Trade receivables | 40 | €8,465 | €8,174 | -€291 | -3.4% |
| Other amounts receivable | 41 | €40,579 | €40,915 | +€336 | +0.8% |
| Deferred charges and accrued income | 490/1 | €1,770 | €863 | -€907 | -51.3% |
| Total equity and liabilities | 10/49 | €113,374 | €97,358 | -€16,016 | -14.1% |
| Equity | 10/15 | €34,898 | €40,149 | +€5,251 | +15.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,527 | €21,549 | +€1,022 | +5.0% |
| Distributable reserves | 133 | €20,527 | €21,549 | +€1,022 | +5.0% |
| Profit (loss) carried forward | 14 | -€4,229 | €0 | +€4,229 | |
| Amounts payable | 17/49 | €78,476 | €57,209 | -€21,267 | -27.1% |
| Amounts payable after more than one year | 17 | €11,852 | €3,031 | -€8,821 | -74.4% |
| Financial debts | 170/4 | €11,852 | €3,031 | -€8,821 | -74.4% |
| Amounts payable within one year | 42/48 | €65,428 | €52,977 | -€12,451 | -19.0% |
| Current portion of amounts payable after more than one year | 42 | €8,428 | €8,821 | +€393 | +4.7% |
| Financial debts | 43 | €45,702 | €41,210 | -€4,492 | -9.8% |
| Credit institutions | 430/8 | €45,702 | €41,210 | -€4,492 | -9.8% |
| Trade debts | 44 | €10,813 | €1,315 | -€9,498 | -87.8% |
| Suppliers | 440/4 | €10,813 | €1,315 | -€9,498 | -87.8% |
| Taxes, remuneration and social security | 45 | €485 | €1,631 | +€1,146 | +236.2% |
| Taxes | 450/3 | €485 | €1,631 | +€1,146 | +236.2% |
| Accrued charges and deferred income | 492/3 | €1,196 | €1,201 | +€5 | +0.4% |
| Non-recurring operating income | 76A | - | €3,476 | +€3,476 | |
| Remuneration, social security and pensions | 62 | €169 | €0 | -€169 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,804 | €12,387 | -€417 | -3.3% |
| Other operating charges | 640/8 | €760 | €801 | +€41 | +5.4% |
| Non-recurring operating charges | 66A | €1,631 | €0 | -€1,631 | -100.0% |
| Gross operating margin | 9900 | €19,312 | €22,670 | +€3,358 | +17.4% |
| Operating profit (loss) | 9901 | €3,949 | €9,482 | +€5,534 | +140.1% |
| Financial income | 75/76B | €3,418 | €3,326 | -€92 | -2.7% |
| Recurring financial income | 75 | €3,418 | €3,326 | -€92 | -2.7% |
| Financial charges | 65/66B | €11,434 | €5,926 | -€5,508 | -48.2% |
| Recurring financial charges | 65 | €11,434 | €5,926 | -€5,508 | -48.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,068 | €6,882 | +€10,950 | |
| Income taxes | 67/77 | €161 | €1,631 | +€1,469 | +910.9% |
| Profit (loss) for the period | 9904 | -€4,229 | €5,251 | +€9,481 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,229 | €5,251 | +€9,481 |
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 29 September 2026 via checked.be.