INTERNE BULKTRANSPORT SYSTEMEN: 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.
INTERNE BULKTRANSPORT SYSTEMEN
Largest movements
- Receivables within one year -€22,838
down €22,838 (-57.2%), from €39,914 to €17,075
of which Trade receivables: -€23,870
- Cash -€10,471
down €10,471 (-51.4%), from €20,386 to €9,915
mainly Net result for the year (-€19,946) and Investment in fixed assets (net) (-€12,650)
- Deferred charges and accrued income +€2,873
up €2,873 (+491%), from €585 to €3,458
- Tangible fixed assets +€2,715
up €2,715 (+17.6%), from €15,384 to €18,098
of which Furniture and vehicles: +€6,627
- Profit (loss) carried forward -€19,946
down €19,946 (-45.9%), from -€43,444 to -€63,390
- Debts after one year -€11,087
down €11,087 (-56.1%), from €19,754 to €8,667
- Other debts +€7,552
up €7,552 (+120%), from €6,299 to €13,851
- Tax, wage and social debts -€3,585
down €3,585 (-100%), from €3,585 to €0
- Trade debts -€1,169
down €1,169 (-23.1%), from €5,055 to €3,886
- Other operating charges -€21,397
down €21,397 (-86.8%), from €24,664 to €3,267
- Gross operating margin -€19,360
down €19,360, from €14,449 to -€4,911
- Depreciation +€2,143
up €2,143 (+27.5%), from €7,792 to €9,935
- Financial charges -€348
down €348 (-17.3%), from €2,012 to €1,664
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 | €76,430 | €48,708 | -€27,722 | -36.3% |
| Fixed assets | 21/28 | €15,545 | €18,259 | +€2,715 | +17.5% |
| Tangible fixed assets | 22/27 | €15,384 | €18,098 | +€2,715 | +17.6% |
| Land and buildings | 22 | €14,577 | €7,289 | -€7,289 | -50.0% |
| Plant, machinery and equipment | 23 | €806 | €4,183 | +€3,377 | +419% |
| Furniture and vehicles | 24 | - | €6,627 | +€6,627 | |
| Financial fixed assets | 28 | €161 | €161 | = | 0.0% |
| Current assets | 29/58 | €60,885 | €30,448 | -€30,437 | -50.0% |
| Amounts receivable within one year | 40/41 | €39,914 | €17,075 | -€22,838 | -57.2% |
| Trade receivables | 40 | €39,914 | €16,043 | -€23,870 | -59.8% |
| Other amounts receivable | 41 | €0 | €1,032 | +€1,032 | |
| Cash at bank and in hand | 54/58 | €20,386 | €9,915 | -€10,471 | -51.4% |
| Deferred charges and accrued income | 490/1 | €585 | €3,458 | +€2,873 | +491% |
| Total equity and liabilities | 10/49 | €76,430 | €48,708 | -€27,722 | -36.3% |
| Equity | 10/15 | €31,163 | €11,217 | -€19,946 | -64.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €62,207 | €62,207 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,584 | €6,584 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,584 | €6,584 | = | 0.0% |
| Distributable reserves | 133 | €55,623 | €55,623 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,444 | -€63,390 | -€19,946 | -45.9% |
| Amounts payable | 17/49 | €45,267 | €37,491 | -€7,776 | -17.2% |
| Amounts payable after more than one year | 17 | €19,754 | €8,667 | -€11,087 | -56.1% |
| Financial debts | 170/4 | €19,754 | €8,667 | -€11,087 | -56.1% |
| Amounts payable within one year | 42/48 | €25,513 | €28,824 | +€3,311 | +13.0% |
| Current portion of amounts payable after more than one year | 42 | €10,575 | €11,087 | +€513 | +4.8% |
| Trade debts | 44 | €5,055 | €3,886 | -€1,169 | -23.1% |
| Suppliers | 440/4 | €5,055 | €3,886 | -€1,169 | -23.1% |
| Taxes, remuneration and social security | 45 | €3,585 | €0 | -€3,585 | -100% |
| Taxes | 450/3 | €3,585 | €0 | -€3,585 | -100% |
| Other amounts payable | 47/48 | €6,299 | €13,851 | +€7,552 | +120% |
| Remuneration, social security and pensions | 62 | €138 | €170 | +€32 | +23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,792 | €9,935 | +€2,143 | +27.5% |
| Other operating charges | 640/8 | €24,664 | €3,267 | -€21,397 | -86.8% |
| Gross operating margin | 9900 | €14,449 | -€4,911 | -€19,360 | |
| Operating profit (loss) | 9901 | -€18,145 | -€18,282 | -€137 | -0.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €2,012 | €1,664 | -€348 | -17.3% |
| Recurring financial charges | 65 | €2,012 | €1,664 | -€348 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | -€20,157 | -€19,946 | +€211 | +1.0% |
| Profit (loss) for the period | 9904 | -€20,157 | -€19,946 | +€211 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,157 | -€19,946 | +€211 | +1.0% |
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 29 October 2026 via checked.be.