IFB: 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.
IFB
Largest movements
- Receivables within one year -€17,298
down €17,298 (-77.8%), from €22,247 to €4,950
of which Trade receivables: -€19,837
- Receivables after one year +€16,830
new in 2023: €16,830
- Tangible fixed assets +€10,001
up €10,001 (+1,774%), from €564 to €10,565
of which Furniture and vehicles: +€10,311
- Reserves +€20,518
up €20,518 (+1,103%), from €1,860 to €22,378
of which Distributable reserves: +€20,518
- Short-term financial debts -€7,637
down €7,637 (-78.0%), from €9,786 to €2,149
- Other debts -€7,626
down €7,626 (-98.5%), from €7,739 to €114
- Profit (loss) carried forward +€7,325
no longer reported in 2023 (was -€7,325)
- Tax, wage and social debts -€2,103
down €2,103 (-77.9%), from €2,699 to €596
- Gross operating margin +€23,918
up €23,918 (+240%), from €9,975 to €33,892
- Depreciation +€2,507
up €2,507 (+810%), from €309 to €2,817
- Other operating charges +€1,167
up €1,167 (+260%), from €450 to €1,616
- Financial charges +€716
up €716 (+98.5%), from €727 to €1,442
- Taxes +€507
new in 2023: €507
From the 2022 result to the 2023 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
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 | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,901 | €32,345 | +€9,444 | +41.2% |
| Fixed assets | 21/28 | €654 | €10,565 | +€9,911 | +1,516% |
| Tangible fixed assets | 22/27 | €564 | €10,565 | +€10,001 | +1,774% |
| Plant, machinery and equipment | 23 | €564 | €254 | -€309 | -54.9% |
| Furniture and vehicles | 24 | - | €10,311 | +€10,311 | |
| Financial fixed assets | 28 | €90 | - | -€90 | |
| Current assets | 29/58 | €22,247 | €21,780 | -€468 | -2.1% |
| Amounts receivable after more than one year | 29 | - | €16,830 | +€16,830 | |
| Other amounts receivable | 291 | - | €16,830 | +€16,830 | |
| Amounts receivable within one year | 40/41 | €22,247 | €4,950 | -€17,298 | -77.8% |
| Trade receivables | 40 | €21,119 | €1,283 | -€19,837 | -93.9% |
| Other amounts receivable | 41 | €1,128 | €3,667 | +€2,539 | +225% |
| Total equity and liabilities | 10/49 | €22,901 | €32,345 | +€9,444 | +41.2% |
| Equity | 10/15 | €735 | €28,578 | +€27,843 | +3,787% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €22,378 | +€20,518 | +1,103% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €20,518 | +€20,518 | |
| Profit (loss) carried forward | 14 | -€7,325 | - | +€7,325 | |
| Amounts payable | 17/49 | €22,166 | €3,767 | -€18,399 | -83.0% |
| Amounts payable within one year | 42/48 | €22,166 | €3,767 | -€18,399 | -83.0% |
| Financial debts | 43 | €9,786 | €2,149 | -€7,637 | -78.0% |
| Credit institutions | 430/8 | €9,786 | €2,149 | -€7,637 | -78.0% |
| Trade debts | 44 | €1,941 | €908 | -€1,033 | -53.2% |
| Suppliers | 440/4 | €1,941 | €908 | -€1,033 | -53.2% |
| Taxes, remuneration and social security | 45 | €2,699 | €596 | -€2,103 | -77.9% |
| Taxes | 450/3 | €2,699 | €596 | -€2,103 | -77.9% |
| Other amounts payable | 47/48 | €7,739 | €114 | -€7,626 | -98.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €309 | €2,817 | +€2,507 | +810% |
| Other operating charges | 640/8 | €450 | €1,616 | +€1,167 | +260% |
| Gross operating margin | 9900 | €9,975 | €33,892 | +€23,918 | +240% |
| Operating profit (loss) | 9901 | €9,216 | €29,459 | +€20,244 | +220% |
| Financial income | 75/76B | €39 | €333 | +€294 | +757% |
| Recurring financial income | 75 | €39 | €333 | +€294 | +757% |
| Financial charges | 65/66B | €727 | €1,442 | +€716 | +98.5% |
| Recurring financial charges | 65 | €727 | €1,442 | +€716 | +98.5% |
| Profit (loss) for the period before taxes | 9903 | €8,528 | €28,350 | +€19,822 | +232% |
| Income taxes | 67/77 | - | €507 | +€507 | |
| Profit (loss) for the period | 9904 | €8,528 | €27,843 | +€19,315 | +226% |
| Profit (loss) for the period to be appropriated | 9905 | €8,528 | €27,843 | +€19,315 | +226% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.