Exploitatiemaatschappij IDH: 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.
Exploitatiemaatschappij IDH
Largest movements
- Current investments -€300,000
down €300,000 (-100%), from €300,000 to €0
- Cash +€269,594
up €269,594 (+107%), from €253,045 to €522,639
mainly Current investments (+€300,000) and Net result for the year (+€36,358)
- Tangible fixed assets -€24,988
down €24,988 (-30.2%), from €82,684 to €57,695
of which Plant, machinery and equipment: -€22,022
- Receivables within one year +€10,232
up €10,232 (+17.1%), from €59,878 to €70,110
of which Other amounts receivable: +€44,700
- Other debts -€101,587
down €101,587 (-33.2%), from €306,076 to €204,489
- Reserves +€36,358
up €36,358 (+22.2%), from €163,559 to €199,917
of which Distributable reserves: +€34,540
- Advances received +€24,610
new in 2025: €24,610
- Tax, wage and social debts -€13,313
down €13,313 (-14.1%), from €94,417 to €81,104
of which Remuneration and social security: -€11,428
- Trade debts +€8,797
up €8,797 (+6.6%), from €134,124 to €142,920
- Other operating charges -€201,504
down €201,504 (-21.4%), from €941,536 to €740,032
- Gross operating margin -€187,080
down €187,080 (-11.6%), from €1.6m to €1.4m
- Staff costs +€32,855
up €32,855 (+5.8%), from €570,910 to €603,765
- Depreciation -€31,584
down €31,584 (-54.0%), from €58,529 to €26,946
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 | €717,031 | €671,599 | -€45,432 | -6.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €82,684 | €57,695 | -€24,988 | -30.2% |
| Tangible fixed assets | 22/27 | €82,684 | €57,695 | -€24,988 | -30.2% |
| Land and buildings | 22 | €5,111 | €3,159 | -€1,952 | -38.2% |
| Plant, machinery and equipment | 23 | €74,360 | €52,337 | -€22,022 | -29.6% |
| Furniture and vehicles | 24 | €3,213 | €2,199 | -€1,014 | -31.6% |
| Current assets | 29/58 | €634,347 | €613,903 | -€20,443 | -3.2% |
| Stocks and contracts in progress | 3 | €10,501 | €10,901 | +€400 | +3.8% |
| Stocks | 30/36 | €10,501 | €10,901 | +€400 | +3.8% |
| Amounts receivable within one year | 40/41 | €59,878 | €70,110 | +€10,232 | +17.1% |
| Trade receivables | 40 | €44,558 | €10,090 | -€34,469 | -77.4% |
| Other amounts receivable | 41 | €15,320 | €60,020 | +€44,700 | +292% |
| Current investments | 50/53 | €300,000 | €0 | -€300,000 | -100% |
| Cash at bank and in hand | 54/58 | €253,045 | €522,639 | +€269,594 | +107% |
| Deferred charges and accrued income | 490/1 | €10,923 | €10,254 | -€668 | -6.1% |
| Total equity and liabilities | 10/49 | €717,031 | €671,599 | -€45,432 | -6.3% |
| Equity | 10/15 | €182,109 | €218,467 | +€36,358 | +20.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €163,559 | €199,917 | +€36,358 | +22.2% |
| Non-distributable reserves | 130/1 | - | €1,818 | +€1,818 | |
| Reserves not available under the articles | 1311 | - | €1,818 | +€1,818 | |
| Tax-exempt reserves | 132 | €19,350 | €19,350 | = | 0.0% |
| Distributable reserves | 133 | €144,209 | €178,749 | +€34,540 | +24.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €534,922 | €453,132 | -€81,790 | -15.3% |
| Amounts payable within one year | 42/48 | €534,617 | €453,124 | -€81,493 | -15.2% |
| Trade debts | 44 | €134,124 | €142,920 | +€8,797 | +6.6% |
| Suppliers | 440/4 | €134,124 | €142,920 | +€8,797 | +6.6% |
| Advances received on contracts in progress | 46 | - | €24,610 | +€24,610 | |
| Taxes, remuneration and social security | 45 | €94,417 | €81,104 | -€13,313 | -14.1% |
| Taxes | 450/3 | €5,061 | €3,176 | -€1,885 | -37.2% |
| Remuneration and social security | 454/9 | €89,356 | €77,928 | -€11,428 | -12.8% |
| Other amounts payable | 47/48 | €306,076 | €204,489 | -€101,587 | -33.2% |
| Accrued charges and deferred income | 492/3 | €305 | €8 | -€297 | -97.4% |
| Remuneration, social security and pensions | 62 | €570,910 | €603,765 | +€32,855 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,529 | €26,946 | -€31,584 | -54.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €941,536 | €740,032 | -€201,504 | -21.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,610,957 | €1,423,877 | -€187,080 | -11.6% |
| Operating profit (loss) | 9901 | €39,982 | €53,134 | +€13,152 | +32.9% |
| Financial income | 75/76B | €764 | €1,615 | +€852 | +112% |
| Recurring financial income | 75 | €764 | €1,615 | +€852 | +112% |
| Financial charges | 65/66B | €3,813 | €1,913 | -€1,900 | -49.8% |
| Recurring financial charges | 65 | €3,813 | €1,913 | -€1,900 | -49.8% |
| Profit (loss) for the period before taxes | 9903 | €36,932 | €52,837 | +€15,904 | +43.1% |
| Income taxes | 67/77 | €12,167 | €16,478 | +€4,312 | +35.4% |
| Profit (loss) for the period | 9904 | €24,766 | €36,358 | +€11,593 | +46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,766 | €36,358 | +€11,593 | +46.8% |
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 24 October 2026 via checked.be.