iPB Holding: 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 Holding
Largest movements
- Receivables within one year -€51,706
down €51,706 (-49.8%), from €103,917 to €52,211
of which Trade receivables: -€50,494
- Trade debts -€33,716
down €33,716 (-40.2%), from €83,915 to €50,200
- Other debts -€10,881
down €10,881 (-2.4%), from €462,000 to €451,119
- Reserves -€6,444
down €6,444 (-100%), from €6,444 to €0
- Gross operating margin -€11,658
down €11,658, from €4,436 to -€7,222
- Taxes -€838
down €838 (-100%), from €838 to €0
- Other operating charges +€402
up €402 (+340%), from €118 to €520
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 | €555,970 | €502,689 | -€53,281 | -9.6% |
| Fixed assets | 21/28 | €450,000 | €450,001 | +€1 | 0.0% |
| Financial fixed assets | 28 | €450,000 | €450,001 | +€1 | 0.0% |
| Current assets | 29/58 | €105,970 | €52,688 | -€53,282 | -50.3% |
| Amounts receivable within one year | 40/41 | €103,917 | €52,211 | -€51,706 | -49.8% |
| Trade receivables | 40 | €102,494 | €52,000 | -€50,494 | -49.3% |
| Other amounts receivable | 41 | €1,424 | €211 | -€1,212 | -85.2% |
| Cash at bank and in hand | 54/58 | €2,053 | €477 | -€1,576 | -76.8% |
| Total equity and liabilities | 10/49 | €555,970 | €502,689 | -€53,281 | -9.6% |
| Equity | 10/15 | €8,444 | €533 | -€7,911 | -93.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €6,444 | €0 | -€6,444 | -100% |
| Distributable reserves | 133 | €6,444 | €0 | -€6,444 | -100% |
| Profit (loss) carried forward | 14 | - | -€1,467 | -€1,467 | |
| Amounts payable | 17/49 | €547,526 | €502,156 | -€45,370 | -8.3% |
| Amounts payable within one year | 42/48 | €547,526 | €502,156 | -€45,370 | -8.3% |
| Trade debts | 44 | €83,915 | €50,200 | -€33,716 | -40.2% |
| Suppliers | 440/4 | €83,915 | €50,200 | -€33,716 | -40.2% |
| Taxes, remuneration and social security | 45 | €1,611 | €838 | -€773 | -48.0% |
| Taxes | 450/3 | €1,611 | €838 | -€773 | -48.0% |
| Other amounts payable | 47/48 | €462,000 | €451,119 | -€10,881 | -2.4% |
| Other operating charges | 640/8 | €118 | €520 | +€402 | +340% |
| Gross operating margin | 9900 | €4,436 | -€7,222 | -€11,658 | |
| Operating profit (loss) | 9901 | €4,318 | -€7,742 | -€12,060 | |
| Financial charges | 65/66B | €130 | €169 | +€39 | +30.1% |
| Recurring financial charges | 65 | €130 | €169 | +€39 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | €4,188 | -€7,911 | -€12,099 | |
| Income taxes | 67/77 | €838 | €0 | -€838 | -100% |
| Profit (loss) for the period | 9904 | €3,351 | -€7,911 | -€11,261 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,351 | -€7,911 | -€11,261 |
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 13 October 2026 via checked.be.