I.D.E.A.: 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.E.A.
Largest movements
- Tangible fixed assets +€472,621
up €472,621 (+2338.1%), from €20,214 to €492,834
of which Land and buildings: +€469,519
- Receivables after one year -€101,732
down €101,732 (-87.1%), from €116,825 to €15,094
of which Other amounts receivable: -€101,732
- Cash -€71,124
down €71,124 (-72.5%), from €98,049 to €26,926
mainly Investment in fixed assets (net) (-€480,184) and Trade debts (-€35,127)
- Receivables within one year -€16,101
down €16,101 (-36.5%), from €44,113 to €28,012
of which Other amounts receivable: -€25,187
- Debts after one year +€299,908
up €299,908 (+285.6%), from €105,000 to €404,908
- Trade debts -€35,127
down €35,127 (-93.9%), from €37,418 to €2,291
- Current portion of long-term debt +€24,290
up €24,290 (+97.2%), from €25,000 to €49,290
- Gross operating margin -€32,621
down €32,621 (-18.3%), from €177,778 to €145,157
- Financial income +€17,891
up €17,891 (+1295.1%), from €1,381 to €19,273
- Depreciation -€11,048
down €11,048 (-58.2%), from €18,987 to €7,939
- Staff costs +€10,638
up €10,638 (+7.8%), from €136,951 to €147,589
- Taxes -€2,909
down €2,909 (-54.9%), from €5,301 to €2,392
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 | €336,800 | €618,899 | +€282,099 | +83.8% |
| Fixed assets | 21/28 | €20,589 | €492,834 | +€472,245 | +2293.6% |
| Intangible fixed assets | 21 | €376 | €0 | -€376 | -100.0% |
| Tangible fixed assets | 22/27 | €20,214 | €492,834 | +€472,621 | +2338.1% |
| Land and buildings | 22 | - | €469,519 | +€469,519 | |
| Plant, machinery and equipment | 23 | €17,198 | €21,270 | +€4,072 | +23.7% |
| Furniture and vehicles | 24 | €3,015 | €2,045 | -€970 | -32.2% |
| Current assets | 29/58 | €316,210 | €126,064 | -€190,146 | -60.1% |
| Amounts receivable after more than one year | 29 | €116,825 | €15,094 | -€101,732 | -87.1% |
| Trade receivables | 290 | €15,094 | €15,094 | = | 0.0% |
| Other amounts receivable | 291 | €101,732 | €0 | -€101,732 | -100.0% |
| Stocks and contracts in progress | 3 | €11,678 | €11,962 | +€284 | +2.4% |
| Stocks | 30/36 | €11,678 | €11,962 | +€284 | +2.4% |
| Amounts receivable within one year | 40/41 | €44,113 | €28,012 | -€16,101 | -36.5% |
| Trade receivables | 40 | €17,474 | €26,560 | +€9,086 | +52.0% |
| Other amounts receivable | 41 | €26,639 | €1,452 | -€25,187 | -94.5% |
| Cash at bank and in hand | 54/58 | €98,049 | €26,926 | -€71,124 | -72.5% |
| Deferred charges and accrued income | 490/1 | €45,545 | €44,072 | -€1,474 | -3.2% |
| Total equity and liabilities | 10/49 | €336,800 | €618,899 | +€282,099 | +83.8% |
| Equity | 10/15 | €121,475 | €118,787 | -€2,688 | -2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €102,875 | €100,187 | -€2,688 | -2.6% |
| Non-distributable reserves | 130/1 | €895 | €895 | = | 0.0% |
| Reserves not available under the articles | 1311 | €895 | €895 | = | 0.0% |
| Distributable reserves | 133 | €101,980 | €99,292 | -€2,688 | -2.6% |
| Amounts payable | 17/49 | €215,325 | €500,112 | +€284,787 | +132.3% |
| Amounts payable after more than one year | 17 | €105,000 | €404,908 | +€299,908 | +285.6% |
| Financial debts | 170/4 | €105,000 | €404,908 | +€299,908 | +285.6% |
| Amounts payable within one year | 42/48 | €110,325 | €95,204 | -€15,121 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €49,290 | +€24,290 | +97.2% |
| Trade debts | 44 | €37,418 | €2,291 | -€35,127 | -93.9% |
| Suppliers | 440/4 | €37,418 | €2,291 | -€35,127 | -93.9% |
| Taxes, remuneration and social security | 45 | €43,520 | €37,378 | -€6,142 | -14.1% |
| Taxes | 450/3 | €24,890 | €20,311 | -€4,579 | -18.4% |
| Remuneration and social security | 454/9 | €18,630 | €17,068 | -€1,563 | -8.4% |
| Other amounts payable | 47/48 | €4,387 | €6,245 | +€1,858 | +42.4% |
| Remuneration, social security and pensions | 62 | €136,951 | €147,589 | +€10,638 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,987 | €7,939 | -€11,048 | -58.2% |
| Other operating charges | 640/8 | €2,886 | €4,755 | +€1,869 | +64.8% |
| Gross operating margin | 9900 | €177,778 | €145,157 | -€32,621 | -18.3% |
| Operating profit (loss) | 9901 | €18,955 | -€15,126 | -€34,080 | |
| Financial income | 75/76B | €1,381 | €19,273 | +€17,891 | +1295.1% |
| Recurring financial income | 75 | €1,381 | €19,273 | +€17,891 | +1295.1% |
| Financial charges | 65/66B | €2,452 | €4,443 | +€1,990 | +81.1% |
| Recurring financial charges | 65 | €2,452 | €4,443 | +€1,990 | +81.1% |
| Profit (loss) for the period before taxes | 9903 | €17,884 | -€296 | -€18,179 | |
| Income taxes | 67/77 | €5,301 | €2,392 | -€2,909 | -54.9% |
| Profit (loss) for the period | 9904 | €12,582 | -€2,688 | -€15,270 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,582 | -€2,688 | -€15,270 |
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 9 October 2026 via checked.be.