I.D.A.N.: 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.D.A.N.
Largest movements
- Tangible fixed assets +€455,928
up €455,928 (+219%), from €208,287 to €664,215
of which Land and buildings: +€467,320
- Current investments -€15,025
down €15,025 (-16.1%), from €93,206 to €78,181
- Cash -€13,174
down €13,174 (-13.2%), from €99,484 to €86,309
mainly Investment in fixed assets (net) (-€488,774) and Net result for the year (-€37,757)
- Debts after one year +€432,341
up €432,341 (+459%), from €94,222 to €526,564
- Profit (loss) carried forward -€37,757
down €37,757 (-431%), from -€8,757 to -€46,514
- Current portion of long-term debt +€32,067
up €32,067 (+355%), from €9,029 to €41,096
- Gross operating margin +€34,453
up €34,453, from -€20,783 to €13,669
- Depreciation +€17,709
up €17,709 (+117%), from €15,138 to €32,847
- Financial charges +€13,845
up €13,845 (+375%), from €3,692 to €17,537
- Financial income +€1,359
up €1,359 (+52.0%), from €2,615 to €3,974
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 | €411,365 | €841,007 | +€429,642 | +104% |
| Fixed assets | 21/28 | €208,287 | €664,215 | +€455,928 | +219% |
| Tangible fixed assets | 22/27 | €208,287 | €664,215 | +€455,928 | +219% |
| Land and buildings | 22 | €174,191 | €641,512 | +€467,320 | +268% |
| Furniture and vehicles | 24 | €34,096 | €22,703 | -€11,392 | -33.4% |
| Current assets | 29/58 | €203,078 | €176,792 | -€26,285 | -12.9% |
| Amounts receivable within one year | 40/41 | €4,704 | €7,372 | +€2,668 | +56.7% |
| Trade receivables | 40 | - | €6,218 | +€6,218 | |
| Other amounts receivable | 41 | €4,704 | €1,154 | -€3,550 | -75.5% |
| Current investments | 50/53 | €93,206 | €78,181 | -€15,025 | -16.1% |
| Cash at bank and in hand | 54/58 | €99,484 | €86,309 | -€13,174 | -13.2% |
| Deferred charges and accrued income | 490/1 | €5,683 | €4,929 | -€754 | -13.3% |
| Total equity and liabilities | 10/49 | €411,365 | €841,007 | +€429,642 | +104% |
| Equity | 10/15 | €307,872 | €270,115 | -€37,757 | -12.3% |
| Contributions | 10/11 | €206,000 | €206,000 | = | 0.0% |
| Capital | 10 | €206,000 | €206,000 | = | 0.0% |
| Issued capital | 100 | €206,000 | €206,000 | = | 0.0% |
| Reserves | 13 | €110,629 | €110,629 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,782 | €11,782 | = | 0.0% |
| Legal reserve | 130 | €11,782 | €11,782 | = | 0.0% |
| Distributable reserves | 133 | €98,847 | €98,847 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,757 | -€46,514 | -€37,757 | -431% |
| Amounts payable | 17/49 | €103,492 | €570,892 | +€467,399 | +452% |
| Amounts payable after more than one year | 17 | €94,222 | €526,564 | +€432,341 | +459% |
| Financial debts | 170/4 | €94,222 | €526,564 | +€432,341 | +459% |
| Amounts payable within one year | 42/48 | €9,270 | €44,328 | +€35,058 | +378% |
| Current portion of amounts payable after more than one year | 42 | €9,029 | €41,096 | +€32,067 | +355% |
| Trade debts | 44 | €241 | €3,232 | +€2,991 | +1,240% |
| Suppliers | 440/4 | €241 | €3,232 | +€2,991 | +1,240% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,138 | €32,847 | +€17,709 | +117% |
| Other operating charges | 640/8 | €4,689 | €4,833 | +€143 | +3.1% |
| Gross operating margin | 9900 | -€20,783 | €13,669 | +€34,453 | |
| Operating profit (loss) | 9901 | -€40,610 | -€24,010 | +€16,600 | +40.9% |
| Financial income | 75/76B | €2,615 | €3,974 | +€1,359 | +52.0% |
| Recurring financial income | 75 | €2,615 | €3,974 | +€1,359 | +52.0% |
| Financial charges | 65/66B | €3,692 | €17,537 | +€13,845 | +375% |
| Recurring financial charges | 65 | €3,692 | €17,537 | +€13,845 | +375% |
| Profit (loss) for the period before taxes | 9903 | -€41,688 | -€37,574 | +€4,113 | +9.9% |
| Income taxes | 67/77 | €195 | €183 | -€12 | -6.4% |
| Profit (loss) for the period | 9904 | -€41,883 | -€37,757 | +€4,126 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,883 | -€37,757 | +€4,126 | +9.9% |
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 20 October 2026 via checked.be.