IUS PROPERTY: 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.
IUS PROPERTY
Largest movements
- Tangible fixed assets +€65,083
up €65,083 (+11.2%), from €583,566 to €648,649
- Cash +€48,450
up €48,450 (+253.4%), from €19,117 to €67,567
mainly Net result for the year (+€56,876) and Debts after one year (+€47,804)
- Profit (loss) carried forward +€56,876
up €56,876 (+10.7%), from €530,893 to €587,768
- Debts after one year +€47,804
up €47,804 (+77.1%), from €61,970 to €109,774
- Current portion of long-term debt +€31,715
up €31,715, from €0 to €31,715
- Tax, wage and social debts -€18,737
down €18,737 (-22.0%), from €85,156 to €66,419
- Financial income -€197,915
down €197,915 (-89.1%), from €222,189 to €24,274
of which Non-recurring financial income: -€186,528
- Taxes -€64,058
down €64,058 (-80.0%), from €80,059 to €16,002
- Financial charges -€16,046
down €16,046 (-68.6%), from €23,392 to €7,346
- Depreciation +€12,875
up €12,875 (+78.1%), from €16,492 to €29,367
- Gross operating margin +€7,625
up €7,625 (+8.2%), from €93,459 to €101,084
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 | €701,200 | €816,137 | +€114,938 | +16.4% |
| Fixed assets | 21/28 | €583,566 | €648,649 | +€65,083 | +11.2% |
| Tangible fixed assets | 22/27 | €583,566 | €648,649 | +€65,083 | +11.2% |
| Land and buildings | 22 | €583,566 | €648,649 | +€65,083 | +11.2% |
| Current assets | 29/58 | €117,633 | €167,488 | +€49,855 | +42.4% |
| Amounts receivable within one year | 40/41 | €1,695 | €113 | -€1,582 | -93.3% |
| Trade receivables | 40 | €1,695 | €0 | -€1,695 | -100.0% |
| Other amounts receivable | 41 | - | €113 | +€113 | |
| Current investments | 50/53 | €94,100 | €99,808 | +€5,708 | +6.1% |
| Cash at bank and in hand | 54/58 | €19,117 | €67,567 | +€48,450 | +253.4% |
| Deferred charges and accrued income | 490/1 | €2,721 | €0 | -€2,721 | -100.0% |
| Total equity and liabilities | 10/49 | €701,200 | €816,137 | +€114,938 | +16.4% |
| Equity | 10/15 | €551,353 | €608,228 | +€56,876 | +10.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €530,893 | €587,768 | +€56,876 | +10.7% |
| Amounts payable | 17/49 | €149,847 | €207,909 | +€58,062 | +38.7% |
| Amounts payable after more than one year | 17 | €61,970 | €109,774 | +€47,804 | +77.1% |
| Financial debts | 170/4 | €61,970 | €109,774 | +€47,804 | +77.1% |
| Amounts payable within one year | 42/48 | €87,877 | €98,135 | +€10,258 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | €31,715 | +€31,715 | |
| Trade debts | 44 | €2,721 | €0 | -€2,721 | -100.0% |
| Suppliers | 440/4 | €2,721 | €0 | -€2,721 | -100.0% |
| Taxes, remuneration and social security | 45 | €85,156 | €66,419 | -€18,737 | -22.0% |
| Taxes | 450/3 | €85,156 | €66,419 | -€18,737 | -22.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,492 | €29,367 | +€12,875 | +78.1% |
| Other operating charges | 640/8 | €14,662 | €15,769 | +€1,106 | +7.5% |
| Gross operating margin | 9900 | €93,459 | €101,084 | +€7,625 | +8.2% |
| Operating profit (loss) | 9901 | €62,305 | €55,949 | -€6,356 | -10.2% |
| Financial income | 75/76B | €222,189 | €24,274 | -€197,915 | -89.1% |
| Recurring financial income | 75 | €35,661 | €24,274 | -€11,387 | -31.9% |
| Non-recurring financial income | 76B | €186,528 | €0 | -€186,528 | -100.0% |
| Financial charges | 65/66B | €23,392 | €7,346 | -€16,046 | -68.6% |
| Recurring financial charges | 65 | €23,392 | €7,346 | -€16,046 | -68.6% |
| Profit (loss) for the period before taxes | 9903 | €261,103 | €72,878 | -€188,225 | -72.1% |
| Income taxes | 67/77 | €80,059 | €16,002 | -€64,058 | -80.0% |
| Profit (loss) for the period | 9904 | €181,043 | €56,876 | -€124,167 | -68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €181,043 | €56,876 | -€124,167 | -68.6% |
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 11 October 2026 via checked.be.