IP SERVICES: what changed
Two fiscal 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 SERVICES
Largest movements
- Receivables within one year -€3,410
down €3,410 (-10.9%), from €31,367 to €27,957
of which Other amounts receivable: -€3,816
- Cash -€2,725
down €2,725 (-7.8%), from €34,731 to €32,006
mainly Net result for the year (-€7,253) and Short-term financial debts (-€698)
- Tangible fixed assets -€1,729
down €1,729 (-38.8%), from €4,456 to €2,727
of which Land and buildings: -€1,008
- Profit (loss) carried forward -€7,253
down €7,253 (-15.7%), from €46,285 to €39,032
- Gross operating margin +€3,565
up €3,565 (+55.9%), from -€6,381 to -€2,816
- Taxes +€2,588
up €2,588, from -€647 to €1,941
- Depreciation -€2,266
down €2,266 (-56.7%), from €3,995 to €1,729
- Other operating charges +€660
up €660 (+109.2%), from €604 to €1,264
- Financial income +€407
up €407 (+205.7%), from €198 to €604
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 | €70,754 | €62,690 | -€8,064 | -11.4% |
| Fixed assets | 21/28 | €4,456 | €2,727 | -€1,729 | -38.8% |
| Tangible fixed assets | 22/27 | €4,456 | €2,727 | -€1,729 | -38.8% |
| Land and buildings | 22 | €3,735 | €2,727 | -€1,008 | -27.0% |
| Plant, machinery and equipment | 23 | €22 | - | -€22 | |
| Furniture and vehicles | 24 | €699 | - | -€699 | |
| Current assets | 29/58 | €66,298 | €59,963 | -€6,335 | -9.6% |
| Amounts receivable within one year | 40/41 | €31,367 | €27,957 | -€3,410 | -10.9% |
| Trade receivables | 40 | - | €407 | +€407 | |
| Other amounts receivable | 41 | €31,367 | €27,551 | -€3,816 | -12.2% |
| Cash at bank and in hand | 54/58 | €34,731 | €32,006 | -€2,725 | -7.8% |
| Deferred charges and accrued income | 490/1 | €200 | - | -€200 | |
| Total equity and liabilities | 10/49 | €70,754 | €62,690 | -€8,064 | -11.4% |
| Equity | 10/15 | €62,785 | €55,532 | -€7,253 | -11.6% |
| Contributions | 10/11 | €13,400 | €13,400 | = | 0.0% |
| Reserves | 13 | €3,100 | €3,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,100 | €3,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,100 | €3,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,285 | €39,032 | -€7,253 | -15.7% |
| Amounts payable | 17/49 | €7,969 | €7,158 | -€811 | -10.2% |
| Amounts payable within one year | 42/48 | €7,969 | €7,158 | -€811 | -10.2% |
| Financial debts | 43 | €698 | - | -€698 | |
| Credit institutions | 430/8 | €698 | - | -€698 | |
| Trade debts | 44 | €3,821 | €3,708 | -€113 | -2.9% |
| Suppliers | 440/4 | €3,821 | €3,708 | -€113 | -2.9% |
| Advances received on contracts in progress | 46 | €3,450 | €3,450 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,995 | €1,729 | -€2,266 | -56.7% |
| Other operating charges | 640/8 | €604 | €1,264 | +€660 | +109.2% |
| Gross operating margin | 9900 | -€6,381 | -€2,816 | +€3,565 | +55.9% |
| Operating profit (loss) | 9901 | -€10,980 | -€5,809 | +€5,172 | +47.1% |
| Financial income | 75/76B | €198 | €604 | +€407 | +205.7% |
| Recurring financial income | 75 | €198 | €604 | +€407 | +205.7% |
| Financial charges | 65/66B | €156 | €107 | -€49 | -31.3% |
| Recurring financial charges | 65 | €156 | €107 | -€49 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,939 | -€5,312 | +€5,627 | +51.4% |
| Income taxes | 67/77 | -€647 | €1,941 | +€2,588 | |
| Profit (loss) for the period | 9904 | -€10,292 | -€7,253 | +€3,039 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,292 | -€7,253 | +€3,039 | +29.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.