HET IJSPARADIJS: 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.
HET IJSPARADIJS
Largest movements
- Current investments +€27,667
up €27,667 (+27.1%), from €102,029 to €129,697
- Receivables within one year -€16,275
down €16,275 (-14.2%), from €114,383 to €98,108
of which Other amounts receivable: -€10,410
- Tangible fixed assets +€14,493
up €14,493 (+14.4%), from €100,973 to €115,465
of which Leasing and similar rights: +€27,773
- Deferred charges and accrued income +€7,076
up €7,076 (+88.4%), from €8,005 to €15,080
- Reserves +€48,032
up €48,032 (+18.8%), from €256,168 to €304,201
- Other debts -€31,190
down €31,190 (-64.0%), from €48,768 to €17,578
- Debts after one year +€8,672
up €8,672 (+36.4%), from €23,823 to €32,495
- Current portion of long-term debt +€8,104
up €8,104 (+59.8%), from €13,553 to €21,658
- Trade debts -€7,474
down €7,474 (-60.0%), from €12,464 to €4,990
- Staff costs +€37,531
up €37,531 (+77.6%), from €48,389 to €85,919
- Gross operating margin +€19,498
up €19,498 (+11.3%), from €172,257 to €191,756
- Financial charges -€4,963
down €4,963 (-55.3%), from €8,981 to €4,018
- Taxes -€3,406
down €3,406 (-15.5%), from €21,932 to €18,526
- Depreciation -€2,393
down €2,393 (-6.8%), from €34,948 to €32,555
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 | €608,152 | €636,633 | +€28,481 | +4.7% |
| Fixed assets | 21/28 | €100,973 | €115,465 | +€14,493 | +14.4% |
| Tangible fixed assets | 22/27 | €100,973 | €115,465 | +€14,493 | +14.4% |
| Land and buildings | 22 | €33,835 | €29,034 | -€4,801 | -14.2% |
| Plant, machinery and equipment | 23 | €15,212 | €13,609 | -€1,602 | -10.5% |
| Furniture and vehicles | 24 | €26,361 | €19,484 | -€6,877 | -26.1% |
| Leasing and similar rights | 25 | €25,566 | €53,338 | +€27,773 | +109% |
| Current assets | 29/58 | €507,179 | €521,168 | +€13,989 | +2.8% |
| Stocks and contracts in progress | 3 | €13,829 | €15,011 | +€1,182 | +8.5% |
| Stocks | 30/36 | €13,829 | €15,011 | +€1,182 | +8.5% |
| Amounts receivable within one year | 40/41 | €114,383 | €98,108 | -€16,275 | -14.2% |
| Trade receivables | 40 | €6,155 | €290 | -€5,865 | -95.3% |
| Other amounts receivable | 41 | €108,228 | €97,818 | -€10,410 | -9.6% |
| Current investments | 50/53 | €102,029 | €129,697 | +€27,667 | +27.1% |
| Cash at bank and in hand | 54/58 | €268,933 | €263,272 | -€5,661 | -2.1% |
| Deferred charges and accrued income | 490/1 | €8,005 | €15,080 | +€7,076 | +88.4% |
| Total equity and liabilities | 10/49 | €608,152 | €636,633 | +€28,481 | +4.7% |
| Equity | 10/15 | €482,916 | €530,948 | +€48,032 | +9.9% |
| Contributions | 10/11 | €115,300 | €115,300 | = | 0.0% |
| Reserves | 13 | €256,168 | €304,201 | +€48,032 | +18.8% |
| Distributable reserves | 133 | €256,168 | €304,201 | +€48,032 | +18.8% |
| Profit (loss) carried forward | 14 | €111,447 | €111,447 | = | 0.0% |
| Amounts payable | 17/49 | €125,236 | €105,685 | -€19,551 | -15.6% |
| Amounts payable after more than one year | 17 | €23,823 | €32,495 | +€8,672 | +36.4% |
| Financial debts | 170/4 | €23,823 | €32,495 | +€8,672 | +36.4% |
| Amounts payable within one year | 42/48 | €96,153 | €71,569 | -€24,584 | -25.6% |
| Current portion of amounts payable after more than one year | 42 | €13,553 | €21,658 | +€8,104 | +59.8% |
| Trade debts | 44 | €12,464 | €4,990 | -€7,474 | -60.0% |
| Suppliers | 440/4 | €12,464 | €4,990 | -€7,474 | -60.0% |
| Taxes, remuneration and social security | 45 | €21,367 | €27,343 | +€5,975 | +28.0% |
| Taxes | 450/3 | €14,928 | €16,613 | +€1,685 | +11.3% |
| Remuneration and social security | 454/9 | €6,439 | €10,730 | +€4,291 | +66.6% |
| Other amounts payable | 47/48 | €48,768 | €17,578 | -€31,190 | -64.0% |
| Accrued charges and deferred income | 492/3 | €5,260 | €1,621 | -€3,639 | -69.2% |
| Non-recurring operating income | 76A | €31,992 | €29,312 | -€2,680 | -8.4% |
| Remuneration, social security and pensions | 62 | €48,389 | €85,919 | +€37,531 | +77.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,948 | €32,555 | -€2,393 | -6.8% |
| Other operating charges | 640/8 | €2,650 | €4,335 | +€1,685 | +63.6% |
| Gross operating margin | 9900 | €172,257 | €191,756 | +€19,498 | +11.3% |
| Operating profit (loss) | 9901 | €86,271 | €68,947 | -€17,324 | -20.1% |
| Financial income | 75/76B | €898 | €1,629 | +€731 | +81.4% |
| Recurring financial income | 75 | €898 | €1,629 | +€731 | +81.4% |
| Financial charges | 65/66B | €8,981 | €4,018 | -€4,963 | -55.3% |
| Recurring financial charges | 65 | €8,981 | €4,018 | -€4,963 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | €78,187 | €66,558 | -€11,630 | -14.9% |
| Income taxes | 67/77 | €21,932 | €18,526 | -€3,406 | -15.5% |
| Profit (loss) for the period | 9904 | €56,255 | €48,032 | -€8,223 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €56,255 | €48,032 | -€8,223 | -14.6% |
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 31 October 2026 via checked.be.