Iyubi: 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.
Iyubi
Largest movements
- Cash +€275,581
up €275,581 (+358.7%), from €76,818 to €352,399
mainly Net result for the year (+€264,872) and Current investments (+€78,990)
- Receivables within one year +€92,193
up €92,193 (+38.5%), from €239,322 to €331,515
of which Trade receivables: +€53,117
- Current investments -€78,990
down €78,990 (-36.4%), from €217,296 to €138,306
- Profit (loss) carried forward +€264,872
up €264,872 (+68.0%), from €389,789 to €654,661
- Trade debts +€73,449
up €73,449 (+6214.4%), from €1,182 to €74,631
- Tax, wage and social debts -€56,082
down €56,082 (-95.4%), from €58,786 to €2,704
of which Taxes: -€56,402
- Gross operating margin +€119,509
up €119,509 (+51.7%), from €231,125 to €350,634
- Taxes +€35,809
up €35,809 (+63.5%), from €56,402 to €92,212
- Financial income +€3,873
up €3,873 (+25.1%), from €15,422 to €19,295
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 | €555,757 | €837,996 | +€282,238 | +50.8% |
| Fixed assets | 21/28 | €19,674 | €13,634 | -€6,040 | -30.7% |
| Tangible fixed assets | 22/27 | €19,674 | €13,134 | -€6,540 | -33.2% |
| Plant, machinery and equipment | 23 | €2,186 | €1,421 | -€765 | -35.0% |
| Furniture and vehicles | 24 | €17,488 | €11,713 | -€5,775 | -33.0% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €536,083 | €824,362 | +€288,278 | +53.8% |
| Amounts receivable within one year | 40/41 | €239,322 | €331,515 | +€92,193 | +38.5% |
| Trade receivables | 40 | €2,027 | €55,144 | +€53,117 | +2620.9% |
| Other amounts receivable | 41 | €237,295 | €276,371 | +€39,076 | +16.5% |
| Current investments | 50/53 | €217,296 | €138,306 | -€78,990 | -36.4% |
| Cash at bank and in hand | 54/58 | €76,818 | €352,399 | +€275,581 | +358.7% |
| Deferred charges and accrued income | 490/1 | €2,648 | €2,142 | -€506 | -19.1% |
| Total equity and liabilities | 10/49 | €555,757 | €837,996 | +€282,238 | +50.8% |
| Equity | 10/15 | €495,789 | €760,661 | +€264,872 | +53.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €389,789 | €654,661 | +€264,872 | +68.0% |
| Amounts payable | 17/49 | €59,968 | €77,335 | +€17,367 | +29.0% |
| Amounts payable within one year | 42/48 | €59,968 | €77,335 | +€17,367 | +29.0% |
| Trade debts | 44 | €1,182 | €74,631 | +€73,449 | +6214.4% |
| Suppliers | 440/4 | €1,182 | €74,631 | +€73,449 | +6214.4% |
| Taxes, remuneration and social security | 45 | €58,786 | €2,704 | -€56,082 | -95.4% |
| Taxes | 450/3 | €56,402 | - | -€56,402 | |
| Remuneration and social security | 454/9 | €2,384 | €2,704 | +€320 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,884 | €6,540 | +€655 | +11.1% |
| Other operating charges | 640/8 | €1,337 | €434 | -€902 | -67.5% |
| Gross operating margin | 9900 | €231,125 | €350,634 | +€119,509 | +51.7% |
| Operating profit (loss) | 9901 | €223,904 | €343,660 | +€119,756 | +53.5% |
| Financial income | 75/76B | €15,422 | €19,295 | +€3,873 | +25.1% |
| Recurring financial income | 75 | €15,422 | €19,295 | +€3,873 | +25.1% |
| Financial charges | 65/66B | €3,247 | €5,872 | +€2,625 | +80.8% |
| Recurring financial charges | 65 | €3,247 | €5,872 | +€2,625 | +80.8% |
| Profit (loss) for the period before taxes | 9903 | €236,079 | €357,083 | +€121,005 | +51.3% |
| Income taxes | 67/77 | €56,402 | €92,212 | +€35,809 | +63.5% |
| Profit (loss) for the period | 9904 | €179,676 | €264,872 | +€85,195 | +47.4% |
| Profit (loss) for the period to be appropriated | 9905 | €179,676 | €264,872 | +€85,195 | +47.4% |
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 12 October 2026 via checked.be.