IPLA: 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.
IPLA
Largest movements
- Cash +€18,477
up €18,477 (+198.4%), from €9,311 to €27,788
mainly Net result for the year (+€47,396) and Depreciation (+€15,000)
- Intangible fixed assets -€15,000
down €15,000 (-13.3%), from €112,500 to €97,500
- Receivables within one year +€4,669
up €4,669 (+48.3%), from €9,676 to €14,345
of which Trade receivables: +€4,722
- Profit (loss) carried forward +€47,396
up €47,396 (+170122.9%), from €28 to €47,424
- Debts after one year -€34,379
down €34,379 (-100.0%), from €34,379 to €0
- Tax, wage and social debts -€1,947
down €1,947 (-17.5%), from €11,135 to €9,189
- Accrued charges and deferred income -€1,637
down €1,637 (-100.0%), from €1,637 to €0
- Gross operating margin +€7,868
up €7,868 (+10.6%), from €74,543 to €82,411
- Write-downs +€3,662
new in 2025: €3,662
- Taxes -€2,639
down €2,639 (-17.3%), from €15,224 to €12,586
- Financial charges -€1,047
down €1,047 (-41.5%), from €2,524 to €1,477
- Depreciation -€924
down €924 (-5.8%), from €15,924 to €15,000
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 | €134,153 | €142,419 | +€8,266 | +6.2% |
| Fixed assets | 21/28 | €112,500 | €97,500 | -€15,000 | -13.3% |
| Intangible fixed assets | 21 | €112,500 | €97,500 | -€15,000 | -13.3% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €21,653 | €44,919 | +€23,266 | +107.4% |
| Amounts receivable within one year | 40/41 | €9,676 | €14,345 | +€4,669 | +48.3% |
| Trade receivables | 40 | €9,623 | €14,345 | +€4,722 | +49.1% |
| Other amounts receivable | 41 | €53 | €0 | -€53 | -100.0% |
| Cash at bank and in hand | 54/58 | €9,311 | €27,788 | +€18,477 | +198.4% |
| Deferred charges and accrued income | 490/1 | €2,666 | €2,785 | +€120 | +4.5% |
| Total equity and liabilities | 10/49 | €134,153 | €142,419 | +€8,266 | +6.2% |
| Equity | 10/15 | €84,468 | €131,864 | +€47,396 | +56.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €81,940 | €81,940 | = | 0.0% |
| Distributable reserves | 133 | €81,940 | €81,940 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28 | €47,424 | +€47,396 | +170122.9% |
| Amounts payable | 17/49 | €49,685 | €10,555 | -€39,130 | -78.8% |
| Amounts payable after more than one year | 17 | €34,379 | €0 | -€34,379 | -100.0% |
| Financial debts | 170/4 | €34,379 | €0 | -€34,379 | -100.0% |
| Amounts payable within one year | 42/48 | €13,669 | €10,555 | -€3,114 | -22.8% |
| Trade debts | 44 | €2,534 | €1,323 | -€1,211 | -47.8% |
| Suppliers | 440/4 | €2,534 | €1,323 | -€1,211 | -47.8% |
| Taxes, remuneration and social security | 45 | €11,135 | €9,189 | -€1,947 | -17.5% |
| Taxes | 450/3 | €11,135 | €9,189 | -€1,947 | -17.5% |
| Other amounts payable | 47/48 | - | €43 | +€43 | |
| Accrued charges and deferred income | 492/3 | €1,637 | €0 | -€1,637 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,924 | €15,000 | -€924 | -5.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,662 | +€3,662 | |
| Other operating charges | 640/8 | €2,150 | €2,290 | +€139 | +6.5% |
| Gross operating margin | 9900 | €74,543 | €82,411 | +€7,868 | +10.6% |
| Operating profit (loss) | 9901 | €56,469 | €61,459 | +€4,990 | +8.8% |
| Financial charges | 65/66B | €2,524 | €1,477 | -€1,047 | -41.5% |
| Recurring financial charges | 65 | €2,524 | €1,477 | -€1,047 | -41.5% |
| Profit (loss) for the period before taxes | 9903 | €53,944 | €59,982 | +€6,038 | +11.2% |
| Income taxes | 67/77 | €15,224 | €12,586 | -€2,639 | -17.3% |
| Profit (loss) for the period | 9904 | €38,720 | €47,396 | +€8,676 | +22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €38,720 | €47,396 | +€8,676 | +22.4% |
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 10 October 2026 via checked.be.