IP-info: 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.
IP-info
Largest movements
- Cash -€283,402
down €283,402 (-77.1%), from €367,689 to €84,287
mainly Contributions, distributions and other (-€106,604) and Receivables after one year (-€103,441)
- Receivables after one year +€103,441
up €103,441 (+515.7%), from €20,059 to €123,500
of which Trade receivables: +€106,153
- Receivables within one year +€23,509
new in 2025: €23,509
of which Trade receivables: +€14,214
- Other debts -€87,913
no longer reported in 2025 (was €87,913)
- Reserves -€70,359
down €70,359 (-24.4%), from €288,473 to €218,114
of which Distributable reserves: -€70,359
- Gross operating margin -€36,992
down €36,992 (-30.2%), from €122,310 to €85,318
- Depreciation -€7,836
down €7,836 (-95.2%), from €8,228 to €392
- Taxes -€6,734
down €6,734 (-32.5%), from €20,714 to €13,979
- Financial charges -€4,905
down €4,905 (-12.7%), from €38,730 to €33,825
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
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 | €391,369 | €234,986 | -€156,382 | -40.0% |
| Fixed assets | 21/28 | €3,136 | €2,744 | -€392 | -12.5% |
| Tangible fixed assets | 22/27 | €3,136 | €2,744 | -€392 | -12.5% |
| Other tangible fixed assets | 26 | €3,136 | €2,744 | -€392 | -12.5% |
| Current assets | 29/58 | €388,233 | €232,243 | -€155,990 | -40.2% |
| Amounts receivable after more than one year | 29 | €20,059 | €123,500 | +€103,441 | +515.7% |
| Trade receivables | 290 | €17,347 | €123,500 | +€106,153 | +611.9% |
| Other amounts receivable | 291 | €2,711 | - | -€2,711 | |
| Amounts receivable within one year | 40/41 | - | €23,509 | +€23,509 | |
| Trade receivables | 40 | - | €14,214 | +€14,214 | |
| Other amounts receivable | 41 | - | €9,295 | +€9,295 | |
| Cash at bank and in hand | 54/58 | €367,689 | €84,287 | -€283,402 | -77.1% |
| Deferred charges and accrued income | 490/1 | €486 | €947 | +€461 | +95.0% |
| Total equity and liabilities | 10/49 | €391,369 | €234,986 | -€156,382 | -40.0% |
| Equity | 10/15 | €294,673 | €224,315 | -€70,359 | -23.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €288,473 | €218,114 | -€70,359 | -24.4% |
| 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 | €286,613 | €216,254 | -€70,359 | -24.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | 0.0% |
| Amounts payable | 17/49 | €96,695 | €10,672 | -€86,023 | -89.0% |
| Amounts payable within one year | 42/48 | €96,695 | €10,672 | -€86,023 | -89.0% |
| Current portion of amounts payable after more than one year | 42 | €1,089 | €1,089 | = | 0.0% |
| Trade debts | 44 | €39 | - | -€39 | |
| Suppliers | 440/4 | €39 | - | -€39 | |
| Taxes, remuneration and social security | 45 | €7,654 | €9,583 | +€1,929 | +25.2% |
| Taxes | 450/3 | €7,654 | €9,583 | +€1,929 | +25.2% |
| Other amounts payable | 47/48 | €87,913 | - | -€87,913 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,228 | €392 | -€7,836 | -95.2% |
| Other operating charges | 640/8 | €834 | €876 | +€42 | +5.1% |
| Gross operating margin | 9900 | €122,310 | €85,318 | -€36,992 | -30.2% |
| Operating profit (loss) | 9901 | €113,248 | €84,049 | -€29,198 | -25.8% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €38,730 | €33,825 | -€4,905 | -12.7% |
| Recurring financial charges | 65 | €38,730 | €33,825 | -€4,905 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €74,518 | €50,224 | -€24,294 | -32.6% |
| Income taxes | 67/77 | €20,714 | €13,979 | -€6,734 | -32.5% |
| Profit (loss) for the period | 9904 | €53,804 | €36,245 | -€17,560 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €53,804 | €36,245 | -€17,560 | -32.6% |
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 11 October 2026 via checked.be.