I.D.C. Projects: what changed
Two fiscal 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.C. Projects
Largest movements
- Current investments -€100,000
down €100,000 (-23.9%), from €419,043 to €319,043
- Cash +€55,369
up €55,369 (+40.0%), from €138,338 to €193,707
mainly Current investments (+€100,000) and Net result for the year (+€48,052)
- Tangible fixed assets -€16,135
down €16,135 (-4.4%), from €368,881 to €352,746
of which Land and buildings: -€17,422
- Receivables within one year +€11,993
up €11,993 (+35.5%), from €33,792 to €45,786
of which Other amounts receivable: +€10,000
- Other debts -€50,598
down €50,598 (-22.1%), from €228,463 to €177,865
- Gross operating margin -€20,971
down €20,971 (-17.9%), from €116,856 to €95,885
- Taxes -€6,130
down €6,130 (-25.4%), from €24,135 to €18,005
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.
Cash bridge derived
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 | €961,026 | €912,596 | -€48,430 | -5.0% |
| Fixed assets | 21/28 | €368,941 | €352,806 | -€16,135 | -4.4% |
| Tangible fixed assets | 22/27 | €368,881 | €352,746 | -€16,135 | -4.4% |
| Land and buildings | 22 | €366,767 | €349,346 | -€17,422 | -4.8% |
| Furniture and vehicles | 24 | €2,114 | €3,401 | +€1,287 | +60.9% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €592,085 | €559,790 | -€32,295 | -5.5% |
| Amounts receivable within one year | 40/41 | €33,792 | €45,786 | +€11,993 | +35.5% |
| Trade receivables | 40 | €33,792 | €35,786 | +€1,993 | +5.9% |
| Other amounts receivable | 41 | - | €10,000 | +€10,000 | |
| Current investments | 50/53 | €419,043 | €319,043 | -€100,000 | -23.9% |
| Cash at bank and in hand | 54/58 | €138,338 | €193,707 | +€55,369 | +40.0% |
| Deferred charges and accrued income | 490/1 | €912 | €1,254 | +€342 | +37.6% |
| Total equity and liabilities | 10/49 | €961,026 | €912,596 | -€48,430 | -5.0% |
| Equity | 10/15 | €708,083 | €707,131 | -€952 | -0.1% |
| Contributions | 10/11 | €163,592 | €163,592 | = | 0.0% |
| Reserves | 13 | €544,491 | €543,539 | -€952 | -0.2% |
| Distributable reserves | 133 | €544,491 | €543,539 | -€952 | -0.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €252,943 | €205,465 | -€47,478 | -18.8% |
| Amounts payable within one year | 42/48 | €237,980 | €188,783 | -€49,197 | -20.7% |
| Trade debts | 44 | €3,519 | €1,272 | -€2,246 | -63.8% |
| Suppliers | 440/4 | €3,519 | €1,272 | -€2,246 | -63.8% |
| Taxes, remuneration and social security | 45 | €5,998 | €9,646 | +€3,648 | +60.8% |
| Taxes | 450/3 | €5,998 | €9,646 | +€3,648 | +60.8% |
| Other amounts payable | 47/48 | €228,463 | €177,865 | -€50,598 | -22.1% |
| Accrued charges and deferred income | 492/3 | €14,963 | €16,682 | +€1,719 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,666 | €19,273 | +€606 | +3.2% |
| Other operating charges | 640/8 | €2,386 | €2,461 | +€74 | +3.1% |
| Gross operating margin | 9900 | €116,856 | €95,885 | -€20,971 | -17.9% |
| Operating profit (loss) | 9901 | €95,803 | €74,152 | -€21,651 | -22.6% |
| Financial income | 75/76B | €9,737 | €8,717 | -€1,020 | -10.5% |
| Recurring financial income | 75 | €9,737 | €8,717 | -€1,020 | -10.5% |
| Financial charges | 65/66B | €15,761 | €16,811 | +€1,050 | +6.7% |
| Recurring financial charges | 65 | €15,761 | €16,811 | +€1,050 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €89,779 | €66,058 | -€23,721 | -26.4% |
| Income taxes | 67/77 | €24,135 | €18,005 | -€6,130 | -25.4% |
| Profit (loss) for the period | 9904 | €65,644 | €48,052 | -€17,592 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €65,644 | €48,052 | -€17,592 | -26.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.