IPB: 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.
IPB
Largest movements
- Receivables within one year -€440,309
down €440,309 (-41.4%), from €1.1m to €624,234
of which Other amounts receivable: -€440,933
- Other debts -€436,365
down €436,365 (-84.6%), from €515,624 to €79,260
- Gross operating margin +€14,544
up €14,544 (+40.8%), from -€35,610 to -€21,065
- Financial charges -€13,783
down €13,783 (-99.6%), from €13,841 to €59
- Financial income +€9,073
up €9,073 (+46.1%), from €19,671 to €28,744
- Other operating charges -€2,426
down €2,426 (-60.5%), from €4,012 to €1,586
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,253,775 | €810,488 | -€443,286 | -35.4% |
| Current assets | 29/58 | €1,253,775 | €810,488 | -€443,286 | -35.4% |
| Stocks and contracts in progress | 3 | €184,116 | €184,116 | = | 0.0% |
| Stocks | 30/36 | €184,116 | €184,116 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,064,543 | €624,234 | -€440,309 | -41.4% |
| Trade receivables | 40 | €63,420 | €64,044 | +€624 | +1.0% |
| Other amounts receivable | 41 | €1,001,123 | €560,190 | -€440,933 | -44.0% |
| Cash at bank and in hand | 54/58 | €5,116 | €2,138 | -€2,977 | -58.2% |
| Total equity and liabilities | 10/49 | €1,253,775 | €810,488 | -€443,286 | -35.4% |
| Equity | 10/15 | -€929,265 | -€923,231 | +€6,034 | +0.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€949,265 | -€943,231 | +€6,034 | +0.6% |
| Amounts payable | 17/49 | €2,183,040 | €1,733,719 | -€449,321 | -20.6% |
| Amounts payable after more than one year | 17 | €1,607,113 | €1,607,113 | = | 0.0% |
| Financial debts | 170/4 | €1,607,113 | €1,607,113 | = | 0.0% |
| Amounts payable within one year | 42/48 | €575,927 | €126,606 | -€449,321 | -78.0% |
| Trade debts | 44 | €59,310 | €47,142 | -€12,168 | -20.5% |
| Suppliers | 440/4 | €59,310 | €47,142 | -€12,168 | -20.5% |
| Taxes, remuneration and social security | 45 | €992 | €205 | -€788 | -79.4% |
| Taxes | 450/3 | €992 | €205 | -€788 | -79.4% |
| Other amounts payable | 47/48 | €515,624 | €79,260 | -€436,365 | -84.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €4,012 | €1,586 | -€2,426 | -60.5% |
| Gross operating margin | 9900 | -€35,610 | -€21,065 | +€14,544 | +40.8% |
| Operating profit (loss) | 9901 | -€39,621 | -€22,651 | +€16,970 | +42.8% |
| Financial income | 75/76B | €19,671 | €28,744 | +€9,073 | +46.1% |
| Recurring financial income | 75 | €19,671 | €28,744 | +€9,073 | +46.1% |
| Financial charges | 65/66B | €13,841 | €59 | -€13,783 | -99.6% |
| Recurring financial charges | 65 | €13,841 | €59 | -€13,783 | -99.6% |
| Profit (loss) for the period before taxes | 9903 | -€33,792 | €6,034 | +€39,826 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€33,792 | €6,034 | +€39,826 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,792 | €6,034 | +€39,826 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.