IBY-SERVICES: 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.
IBY-SERVICES
Largest movements
- Tangible fixed assets +€118,764
up €118,764 (+554%), from €21,446 to €140,211
of which Land and buildings: +€97,580
- Receivables within one year +€58,116
up €58,116 (+838%), from €6,938 to €65,054
of which Other amounts receivable: +€37,151
- Cash -€25,253
down €25,253 (-72.2%), from €34,959 to €9,706
mainly Investment in fixed assets (net) (-€123,620) and Receivables within one year (-€58,116)
- Debts after one year +€133,373
up €133,373 (+10,625%), from €1,255 to €134,629
- Current portion of long-term debt +€10,353
up €10,353 (+209%), from €4,961 to €15,314
- Reserves +€6,000
up €6,000 (+21.4%), from €28,000 to €34,000
- Gross operating margin +€17,173
up €17,173 (+53.7%), from €31,953 to €49,125
- Financial charges +€5,291
up €5,291 (+1,552%), from €341 to €5,631
- Staff costs +€2,192
up €2,192 (+8.2%), from €26,776 to €28,968
- Taxes +€2,095
up €2,095 (+1,455%), from €144 to €2,239
- Depreciation +€769
up €769 (+18.8%), from €4,087 to €4,856
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 | €66,457 | €219,683 | +€153,226 | +231% |
| Fixed assets | 21/28 | €21,646 | €140,411 | +€118,764 | +549% |
| Tangible fixed assets | 22/27 | €21,446 | €140,211 | +€118,764 | +554% |
| Land and buildings | 22 | - | €97,580 | +€97,580 | |
| Plant, machinery and equipment | 23 | €12,431 | €10,072 | -€2,359 | -19.0% |
| Furniture and vehicles | 24 | €638 | €397 | -€241 | -37.8% |
| Other tangible fixed assets | 26 | €8,377 | €32,162 | +€23,785 | +284% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €44,811 | €79,273 | +€34,462 | +76.9% |
| Amounts receivable within one year | 40/41 | €6,938 | €65,054 | +€58,116 | +838% |
| Trade receivables | 40 | - | €20,964 | +€20,964 | |
| Other amounts receivable | 41 | €6,938 | €44,089 | +€37,151 | +535% |
| Cash at bank and in hand | 54/58 | €34,959 | €9,706 | -€25,253 | -72.2% |
| Deferred charges and accrued income | 490/1 | €2,913 | €4,513 | +€1,599 | +54.9% |
| Total equity and liabilities | 10/49 | €66,457 | €219,683 | +€153,226 | +231% |
| Equity | 10/15 | €42,410 | €49,880 | +€7,470 | +17.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €28,000 | €34,000 | +€6,000 | +21.4% |
| Distributable reserves | 133 | €28,000 | €34,000 | +€6,000 | +21.4% |
| Profit (loss) carried forward | 14 | €4,410 | €5,880 | +€1,470 | +33.3% |
| Amounts payable | 17/49 | €24,047 | €169,804 | +€145,756 | +606% |
| Amounts payable after more than one year | 17 | €1,255 | €134,629 | +€133,373 | +10,625% |
| Financial debts | 170/4 | €1,255 | €134,629 | +€133,373 | +10,625% |
| Amounts payable within one year | 42/48 | €22,792 | €35,166 | +€12,374 | +54.3% |
| Current portion of amounts payable after more than one year | 42 | €4,961 | €15,314 | +€10,353 | +209% |
| Trade debts | 44 | €4,335 | €4,608 | +€273 | +6.3% |
| Suppliers | 440/4 | €4,335 | €4,608 | +€273 | +6.3% |
| Taxes, remuneration and social security | 45 | €13,496 | €15,244 | +€1,748 | +12.9% |
| Taxes | 450/3 | €5,487 | €6,953 | +€1,466 | +26.7% |
| Remuneration and social security | 454/9 | €8,009 | €8,291 | +€281 | +3.5% |
| Accrued charges and deferred income | 492/3 | - | €9 | +€9 | |
| Remuneration, social security and pensions | 62 | €26,776 | €28,968 | +€2,192 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,087 | €4,856 | +€769 | +18.8% |
| Other operating charges | 640/8 | €98 | €206 | +€108 | +110% |
| Gross operating margin | 9900 | €31,953 | €49,125 | +€17,173 | +53.7% |
| Operating profit (loss) | 9901 | €992 | €15,096 | +€14,104 | +1,422% |
| Financial income | 75/76B | €96 | €244 | +€148 | +154% |
| Recurring financial income | 75 | €96 | €244 | +€148 | +154% |
| Financial charges | 65/66B | €341 | €5,631 | +€5,291 | +1,552% |
| Recurring financial charges | 65 | €341 | €5,631 | +€5,291 | +1,552% |
| Profit (loss) for the period before taxes | 9903 | €748 | €9,709 | +€8,961 | +1,199% |
| Income taxes | 67/77 | €144 | €2,239 | +€2,095 | +1,455% |
| Profit (loss) for the period | 9904 | €604 | €7,470 | +€6,867 | +1,138% |
| Profit (loss) for the period to be appropriated | 9905 | €604 | €7,470 | +€6,867 | +1,138% |
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.