IOBASO: 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.
IOBASO
Largest movements
- Tangible fixed assets +€34,862
up €34,862 (+364%), from €9,573 to €44,435
of which Furniture and vehicles: +€38,148
- Cash -€4,036
down €4,036 (-3.8%), from €107,132 to €103,096
mainly Investment in fixed assets (net) (-€44,080) and Contributions, distributions and other (-€9,164)
- Reserves +€26,186
up €26,186 (+27.5%), from €95,227 to €121,413
- Other debts +€9,201
up €9,201 (+131,066%), from €7 to €9,208
- Tax, wage and social debts -€5,728
down €5,728 (-51.7%), from €11,084 to €5,356
- Gross operating margin -€3,879
down €3,879 (-5.8%), from €67,423 to €63,544
- Depreciation +€2,136
up €2,136 (+30.2%), from €7,083 to €9,218
- Taxes -€1,856
down €1,856 (-9.6%), from €19,432 to €17,576
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 | €126,456 | €156,165 | +€29,709 | +23.5% |
| Fixed assets | 21/28 | €9,573 | €44,435 | +€34,862 | +364% |
| Tangible fixed assets | 22/27 | €9,573 | €44,435 | +€34,862 | +364% |
| Plant, machinery and equipment | 23 | €6,176 | €2,891 | -€3,285 | -53.2% |
| Furniture and vehicles | 24 | €3,397 | €41,544 | +€38,148 | +1,123% |
| Current assets | 29/58 | €116,884 | €111,731 | -€5,153 | -4.4% |
| Amounts receivable within one year | 40/41 | €9,624 | €8,503 | -€1,121 | -11.6% |
| Trade receivables | 40 | €9,624 | €8,503 | -€1,121 | -11.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €107,132 | €103,096 | -€4,036 | -3.8% |
| Deferred charges and accrued income | 490/1 | €128 | €133 | +€4 | +3.3% |
| Total equity and liabilities | 10/49 | €126,456 | €156,165 | +€29,709 | +23.5% |
| Equity | 10/15 | €115,227 | €141,413 | +€26,186 | +22.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €95,227 | €121,413 | +€26,186 | +27.5% |
| Distributable reserves | 133 | €95,227 | €121,413 | +€26,186 | +27.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €11,229 | €14,752 | +€3,523 | +31.4% |
| Amounts payable within one year | 42/48 | €11,229 | €14,752 | +€3,523 | +31.4% |
| Trade debts | 44 | €138 | €189 | +€51 | +36.9% |
| Suppliers | 440/4 | €138 | €189 | +€51 | +36.9% |
| Taxes, remuneration and social security | 45 | €11,084 | €5,356 | -€5,728 | -51.7% |
| Taxes | 450/3 | €11,084 | €5,356 | -€5,728 | -51.7% |
| Other amounts payable | 47/48 | €7 | €9,208 | +€9,201 | +131,066% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,083 | €9,218 | +€2,136 | +30.2% |
| Other operating charges | 640/8 | €1,219 | €1,360 | +€141 | +11.5% |
| Gross operating margin | 9900 | €67,423 | €63,544 | -€3,879 | -5.8% |
| Operating profit (loss) | 9901 | €59,121 | €52,966 | -€6,155 | -10.4% |
| Financial charges | 65/66B | €39 | €40 | +€1 | +3.5% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €59,082 | €52,926 | -€6,157 | -10.4% |
| Income taxes | 67/77 | €19,432 | €17,576 | -€1,856 | -9.6% |
| Profit (loss) for the period | 9904 | €39,650 | €35,349 | -€4,300 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €39,650 | €35,349 | -€4,300 | -10.8% |
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.