IPLAST 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.
What changed
IPLAST HOLDING
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.5m
2024 · €2.9m-€1.4m
Equity
€73.9m
2024 · €72.8m+€1.2m
Cash
€1.1m
2024 · €633,099+€436,940
Balance sheet total
€74.5m
2024 · €73.5m+€1.1m
Largest movements
Assets
- Current investments +€1.5m
up €1.5m (+4.6%), from €32.3m to €33.8m
- Receivables within one year -€871,395
down €871,395 (-23.4%), from €3.7m to €2.9m
of which Other amounts receivable: -€916,710
Equity and liabilities
- Reserves +€1.2m
up €1.2m (+1.7%), from €70.3m to €71.4m
of which Distributable reserves: +€1.2m
Income statement
- Financial income -€1.4m
down €1.4m (-46.9%), from €3.0m to €1.6m
- Financial charges -€899,088
down €899,088 (-89.3%), from €1.0m to €107,804
of which Non-recurring financial charges: -€1.0m
- Taxes -€360,038
down €360,038 (-70.1%), from €513,654 to €153,615
of which Taxes: -€357,975
- Services and other goods -€134,453
down €134,453 (-24.8%), from €541,858 to €407,405
- Staff costs -€104,465
down €104,465 (-18.9%), from €553,506 to €449,041
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.
Result 2024
€2.9m
Turnover
+€23,706
Other operating income
-€5,143
Services and other goods
+€134,453
Staff costs
+€104,465
Depreciation
-€4,653
Other operating charges
-€2,867
Other operating items
-€1.5m
Financial income
-€1.4m
Financial charges
+€899,088
Taxes
+€360,038
Result 2025
€1.5m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.3m
Investment
-€1.5m
Financing
-€353,302
Cash 2024
€633,099
From operations (derived)
+€2.3m
Net result for the year
+€1.5m
Depreciation
+€13,706
Receivables within one year
+€871,395
Deferred charges and accrued income
-€19,453
Trade debts
-€68,080
Tax, wage and social debts
-€273,405
Other debts
+€224,285
Accrued charges and deferred income
-€126
Investment (derived)
-€1.5m
Investment in fixed assets (net)
-€15,268
Current investments
-€1.5m
Financing
-€353,302
Contributions, distributions and other
-€353,302
Cash 2025
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,485,185 | €74,542,811 | +€1.1m | +1.4% |
| Fixed assets | 21/28 | €36,809,967 | €36,811,529 | +€1,562 | 0.0% |
| Tangible fixed assets | 22/27 | €33,222 | €34,784 | +€1,562 | +4.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €25,794 | €15,604 | -€10,190 | -39.5% |
| Other tangible fixed assets | 26 | €7,427 | €19,179 | +€11,752 | +158% |
| Financial fixed assets | 28 | €36,776,745 | €36,776,745 | = | 0.0% |
| Affiliated companies | 280/1 | €36,776,745 | €36,776,745 | = | 0.0% |
| Participating interests | 280 | €34,587,415 | €34,587,415 | = | 0.0% |
| Amounts receivable | 281 | €2,189,330 | €2,189,330 | = | 0.0% |
| Current assets | 29/58 | €36,675,218 | €37,731,282 | +€1.1m | +2.9% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €3,723,401 | €2,852,006 | -€871,395 | -23.4% |
| Trade receivables | 40 | €893,366 | €938,681 | +€45,315 | +5.1% |
| Other amounts receivable | 41 | €2,830,035 | €1,913,325 | -€916,710 | -32.4% |
| Current investments | 50/53 | €32,313,764 | €33,784,831 | +€1.5m | +4.6% |
| Other investments | 51/53 | €32,313,764 | €33,784,831 | +€1.5m | +4.6% |
| Cash at bank and in hand | 54/58 | €633,099 | €1,070,039 | +€436,940 | +69.0% |
| Deferred charges and accrued income | 490/1 | €4,953 | €24,406 | +€19,453 | +393% |
| Total equity and liabilities | 10/49 | €73,485,185 | €74,542,811 | +€1.1m | +1.4% |
| Equity | 10/15 | €72,767,139 | €73,942,090 | +€1.2m | +1.6% |
| Contributions | 10/11 | €2,492,360 | €2,492,360 | = | 0.0% |
| Capital | 10 | €2,492,360 | €2,492,360 | = | 0.0% |
| Issued capital | 100 | €2,492,360 | €2,492,360 | = | 0.0% |
| Reserves | 13 | €70,274,779 | €71,449,730 | +€1.2m | +1.7% |
| Non-distributable reserves | 130/1 | €2,018,500 | €2,018,500 | = | 0.0% |
| Legal reserve | 130 | €2,018,500 | €2,018,500 | = | 0.0% |
| Distributable reserves | 133 | €68,256,279 | €69,431,230 | +€1.2m | +1.7% |
| Amounts payable | 17/49 | €718,046 | €600,721 | -€117,325 | -16.3% |
| Amounts payable within one year | 42/48 | €717,920 | €600,721 | -€117,199 | -16.3% |
| Trade debts | 44 | €269,155 | €201,076 | -€68,080 | -25.3% |
| Suppliers | 440/4 | €269,155 | €201,076 | -€68,080 | -25.3% |
| Taxes, remuneration and social security | 45 | €360,357 | €86,952 | -€273,405 | -75.9% |
| Taxes | 450/3 | €300,574 | €14,794 | -€285,780 | -95.1% |
| Remuneration and social security | 454/9 | €59,783 | €72,158 | +€12,375 | +20.7% |
| Other amounts payable | 47/48 | €88,408 | €312,693 | +€224,285 | +254% |
| Accrued charges and deferred income | 492/3 | €126 | €0 | -€126 | -100% |
| Operating income | 70/76A | €2,588,609 | €2,607,171 | +€18,562 | +0.7% |
| Turnover | 70 | €2,578,388 | €2,602,094 | +€23,706 | +0.9% |
| Other operating income | 74 | €10,220 | €5,077 | -€5,143 | -50.3% |
| Operating charges | 60/66A | €1,144,896 | €2,413,497 | +€1.3m | +111% |
| Services and other goods | 61 | €541,858 | €407,405 | -€134,453 | -24.8% |
| Remuneration, social security and pensions | 62 | €553,506 | €449,041 | -€104,465 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,053 | €13,706 | +€4,653 | +51.4% |
| Other operating charges | 640/8 | €40,479 | €43,345 | +€2,867 | +7.1% |
| Non-recurring operating charges | 66A | - | €1,500,000 | +€1.5m | |
| Operating profit (loss) | 9901 | €1,443,713 | €193,673 | -€1.3m | -86.6% |
| Financial income | 75/76B | €3,005,791 | €1,596,000 | -€1.4m | -46.9% |
| Recurring financial income | 75 | €3,005,791 | €1,596,000 | -€1.4m | -46.9% |
| Income from financial fixed assets | 750 | €54,733 | €61,551 | +€6,818 | +12.5% |
| Income from current assets | 751 | €583,237 | €1,250,736 | +€667,500 | +114% |
| Other financial income | 752/9 | €2,367,821 | €283,712 | -€2.1m | -88.0% |
| Financial charges | 65/66B | €1,006,892 | €107,804 | -€899,088 | -89.3% |
| Recurring financial charges | 65 | €6,892 | €107,804 | +€100,912 | +1,464% |
| Debt charges | 650 | €5,883 | €3,481 | -€2,403 | -40.8% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €0 | €102,873 | +€102,873 | |
| Other financial charges | 652/9 | €1,009 | €1,449 | +€441 | +43.7% |
| Non-recurring financial charges | 66B | €1,000,000 | €0 | -€1.0m | -100% |
| Profit (loss) for the period before taxes | 9903 | €3,442,612 | €1,681,869 | -€1.8m | -51.1% |
| Income taxes | 67/77 | €513,654 | €153,615 | -€360,038 | -70.1% |
| Taxes | 670/3 | €513,654 | €155,679 | -€357,975 | -69.7% |
| Tax adjustments and reversals of tax provisions | 77 | - | €2,063 | +€2,063 | |
| Profit (loss) for the period | 9904 | €2,928,958 | €1,528,254 | -€1.4m | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,928,958 | €1,528,254 | -€1.4m | -47.8% |
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 23 October 2026 via checked.be.