I.A.S.D.: 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.
I.A.S.D.
Largest movements
- Cash +€31,368
up €31,368 (+23.7%), from €132,312 to €163,680
mainly Net result for the year (+€62,818) and Other debts (+€22,183)
- Tangible fixed assets -€14,073
down €14,073 (-28.5%), from €49,408 to €35,335
- Receivables within one year -€2,994
down €2,994 (-72.5%), from €4,129 to €1,134
of which Other amounts receivable: -€4,129
- Other debts +€22,183
up €22,183 (+38.4%), from €57,730 to €79,913
- Tax, wage and social debts +€17,600
up €17,600, from €0 to €17,600
of which Taxes: +€17,600
- Reserves -€17,000
down €17,000 (-20.6%), from €82,501 to €65,501
- Debts after one year -€9,054
down €9,054 (-62.5%), from €14,496 to €5,443
- Turnover +€15,672
up €15,672 (+9.4%), from €167,570 to €183,242
- Gross operating margin +€12,113
up €12,113 (+14.4%), from €84,279 to €96,392
- Taxes +€2,969
up €2,969 (+20.3%), from €14,631 to €17,600
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 | €186,214 | €200,276 | +€14,062 | +7.6% |
| Fixed assets | 21/28 | €49,535 | €35,462 | -€14,073 | -28.4% |
| Tangible fixed assets | 22/27 | €49,408 | €35,335 | -€14,073 | -28.5% |
| Furniture and vehicles | 24 | €49,408 | €35,335 | -€14,073 | -28.5% |
| Financial fixed assets | 28 | €127 | €127 | = | 0.0% |
| Current assets | 29/58 | €136,679 | €164,814 | +€28,135 | +20.6% |
| Amounts receivable within one year | 40/41 | €4,129 | €1,134 | -€2,994 | -72.5% |
| Trade receivables | 40 | €0 | €1,134 | +€1,134 | |
| Other amounts receivable | 41 | €4,129 | €0 | -€4,129 | -100% |
| Cash at bank and in hand | 54/58 | €132,312 | €163,680 | +€31,368 | +23.7% |
| Deferred charges and accrued income | 490/1 | €239 | €0 | -€239 | -100% |
| Total equity and liabilities | 10/49 | €186,214 | €200,276 | +€14,062 | +7.6% |
| Equity | 10/15 | €105,248 | €88,267 | -€16,982 | -16.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €82,501 | €65,501 | -€17,000 | -20.6% |
| Distributable reserves | 133 | €82,501 | €65,501 | -€17,000 | -20.6% |
| Profit (loss) carried forward | 14 | €4,147 | €4,165 | +€18 | +0.4% |
| Amounts payable | 17/49 | €80,965 | €112,009 | +€31,044 | +38.3% |
| Amounts payable after more than one year | 17 | €14,496 | €5,443 | -€9,054 | -62.5% |
| Financial debts | 170/4 | €14,496 | €5,443 | -€9,054 | -62.5% |
| Amounts payable within one year | 42/48 | €66,469 | €106,567 | +€40,097 | +60.3% |
| Current portion of amounts payable after more than one year | 42 | €8,716 | €9,054 | +€338 | +3.9% |
| Trade debts | 44 | €23 | €0 | -€23 | -100% |
| Suppliers | 440/4 | €23 | €0 | -€23 | -100% |
| Taxes, remuneration and social security | 45 | €0 | €17,600 | +€17,600 | |
| Taxes | 450/3 | €0 | €17,600 | +€17,600 | |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €57,730 | €79,913 | +€22,183 | +38.4% |
| Turnover | 70 | €167,570 | €183,242 | +€15,672 | +9.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €90,867 | €91,524 | +€657 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,390 | €14,073 | -€317 | -2.2% |
| Other operating charges | 640/8 | €245 | €805 | +€559 | +228% |
| Gross operating margin | 9900 | €84,279 | €96,392 | +€12,113 | +14.4% |
| Operating profit (loss) | 9901 | €69,644 | €81,514 | +€11,871 | +17.0% |
| Financial income | 75/76B | €1,115 | - | -€1,115 | |
| Recurring financial income | 75 | €1,115 | - | -€1,115 | |
| Financial charges | 65/66B | €1,391 | €1,096 | -€295 | -21.2% |
| Recurring financial charges | 65 | €1,391 | €1,096 | -€295 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €69,367 | €80,418 | +€11,051 | +15.9% |
| Income taxes | 67/77 | €14,631 | €17,600 | +€2,969 | +20.3% |
| Profit (loss) for the period | 9904 | €54,736 | €62,818 | +€8,082 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €54,736 | €62,818 | +€8,082 | +14.8% |
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 23 October 2026 via checked.be.