IJS GUBA: 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.
IJS GUBA
Largest movements
- Cash +€33,435
up €33,435 (+691%), from €4,836 to €38,271
mainly Net result for the year (+€49,619) and Depreciation (+€32,843)
- Tangible fixed assets -€30,958
down €30,958 (-33.7%), from €91,776 to €60,818
- Receivables within one year -€7,987
down €7,987 (-90.3%), from €8,850 to €863
- Stocks and contracts +€5,772
up €5,772 (+60.6%), from €9,523 to €15,295
- Debts after one year -€49,561
down €49,561 (-15.3%), from €324,699 to €275,138
- Reserves +€46,112
up €46,112 (+95.1%), from €48,498 to €94,611
- Other debts +€10,868
up €10,868 (+13.1%), from €82,956 to €93,824
- Tax, wage and social debts -€6,701
down €6,701 (-20.3%), from €32,936 to €26,234
of which Taxes: -€9,531
- Gross operating margin +€69,151
up €69,151 (+38.7%), from €178,723 to €247,874
- Taxes +€23,367
up €23,367, from €0 to €23,367
- Staff costs -€5,426
down €5,426 (-4.3%), from €124,937 to €119,511
- Other operating charges -€3,376
down €3,376 (-69.4%), from €4,866 to €1,490
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 | €554,985 | €555,247 | +€262 | 0.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €531,776 | €500,818 | -€30,958 | -5.8% |
| Tangible fixed assets | 22/27 | €91,776 | €60,818 | -€30,958 | -33.7% |
| Land and buildings | 22 | €1,597 | €529 | -€1,067 | -66.8% |
| Plant, machinery and equipment | 23 | €41,025 | €25,809 | -€15,216 | -37.1% |
| Furniture and vehicles | 24 | €49,154 | €34,480 | -€14,674 | -29.9% |
| Financial fixed assets | 28 | €440,000 | €440,000 | = | 0.0% |
| Current assets | 29/58 | €23,209 | €54,429 | +€31,220 | +135% |
| Stocks and contracts in progress | 3 | €9,523 | €15,295 | +€5,772 | +60.6% |
| Stocks | 30/36 | €9,523 | €15,295 | +€5,772 | +60.6% |
| Amounts receivable within one year | 40/41 | €8,850 | €863 | -€7,987 | -90.3% |
| Other amounts receivable | 41 | €8,850 | €863 | -€7,987 | -90.3% |
| Cash at bank and in hand | 54/58 | €4,836 | €38,271 | +€33,435 | +691% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €554,985 | €555,247 | +€262 | 0.0% |
| Equity | 10/15 | €49,991 | €99,611 | +€49,619 | +99.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €48,498 | €94,611 | +€46,112 | +95.1% |
| Distributable reserves | 133 | €48,498 | €94,611 | +€46,112 | +95.1% |
| Profit (loss) carried forward | 14 | -€3,507 | €0 | +€3,507 | |
| Amounts payable | 17/49 | €504,994 | €455,637 | -€49,357 | -9.8% |
| Amounts payable after more than one year | 17 | €324,699 | €275,138 | -€49,561 | -15.3% |
| Financial debts | 170/4 | €324,699 | €275,138 | -€49,561 | -15.3% |
| Amounts payable within one year | 42/48 | €174,630 | €177,152 | +€2,522 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €47,474 | €49,561 | +€2,088 | +4.4% |
| Trade debts | 44 | €11,264 | €7,532 | -€3,732 | -33.1% |
| Suppliers | 440/4 | €11,264 | €7,532 | -€3,732 | -33.1% |
| Taxes, remuneration and social security | 45 | €32,936 | €26,234 | -€6,701 | -20.3% |
| Taxes | 450/3 | €29,778 | €20,247 | -€9,531 | -32.0% |
| Remuneration and social security | 454/9 | €3,158 | €5,987 | +€2,829 | +89.6% |
| Other amounts payable | 47/48 | €82,956 | €93,824 | +€10,868 | +13.1% |
| Accrued charges and deferred income | 492/3 | €5,665 | €3,347 | -€2,318 | -40.9% |
| Remuneration, social security and pensions | 62 | €124,937 | €119,511 | -€5,426 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,282 | €32,843 | -€439 | -1.3% |
| Other operating charges | 640/8 | €4,866 | €1,490 | -€3,376 | -69.4% |
| Gross operating margin | 9900 | €178,723 | €247,874 | +€69,151 | +38.7% |
| Operating profit (loss) | 9901 | €15,639 | €94,030 | +€78,391 | +501% |
| Financial income | 75/76B | €6 | €20 | +€14 | +232% |
| Recurring financial income | 75 | €6 | €20 | +€14 | +232% |
| Financial charges | 65/66B | €19,151 | €21,064 | +€1,913 | +10.0% |
| Recurring financial charges | 65 | €19,151 | €21,064 | +€1,913 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,507 | €72,986 | +€76,492 | |
| Income taxes | 67/77 | €0 | €23,367 | +€23,367 | |
| Profit (loss) for the period | 9904 | -€3,507 | €49,619 | +€53,126 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,507 | €49,619 | +€53,126 |
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 17 October 2026 via checked.be.