I. D. FIXE: 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. FIXE
Largest movements
- Stocks and contracts -€5,537
down €5,537 (-42.7%), from €12,970 to €7,433
- Receivables within one year -€5,476
down €5,476 (-50.6%), from €10,812 to €5,336
of which Trade receivables: -€4,138
- Tangible fixed assets -€4,226
down €4,226 (-23.0%), from €18,394 to €14,168
- Cash -€937
down €937 (-86.2%), from €1,087 to €150
mainly Net result for the year (-€14,992) and Debts after one year (-€3,230)
- Profit (loss) carried forward -€14,992
down €14,992 (-41.6%), from -€36,024 to -€51,015
- Debts after one year -€3,230
down €3,230 (-28.1%), from €11,495 to €8,265
- Trade debts +€2,066
up €2,066 (+6.5%), from €31,936 to €34,002
- Other debts -€2,000
down €2,000 (-50.0%), from €4,000 to €2,000
- Short-term financial debts +€1,077
up €1,077 (+15.3%), from €7,039 to €8,116
- Gross operating margin -€7,973
down €7,973 (-1513.9%), from -€527 to -€8,499
- Depreciation +€1,490
up €1,490 (+54.4%), from €2,736 to €4,226
- Financial income +€134
up €134 (+64.7%), from €208 to €342
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 | €43,263 | €27,259 | -€16,004 | -37.0% |
| Fixed assets | 21/28 | €18,394 | €14,168 | -€4,226 | -23.0% |
| Tangible fixed assets | 22/27 | €18,394 | €14,168 | -€4,226 | -23.0% |
| Furniture and vehicles | 24 | €18,394 | €14,168 | -€4,226 | -23.0% |
| Current assets | 29/58 | €24,869 | €13,091 | -€11,778 | -47.4% |
| Stocks and contracts in progress | 3 | €12,970 | €7,433 | -€5,537 | -42.7% |
| Stocks | 30/36 | €12,970 | €7,433 | -€5,537 | -42.7% |
| Amounts receivable within one year | 40/41 | €10,812 | €5,336 | -€5,476 | -50.6% |
| Trade receivables | 40 | €5,235 | €1,097 | -€4,138 | -79.0% |
| Other amounts receivable | 41 | €5,577 | €4,239 | -€1,338 | -24.0% |
| Cash at bank and in hand | 54/58 | €1,087 | €150 | -€937 | -86.2% |
| Deferred charges and accrued income | 490/1 | €0 | €173 | +€173 | |
| Total equity and liabilities | 10/49 | €43,263 | €27,259 | -€16,004 | -37.0% |
| Equity | 10/15 | -€15,572 | -€30,564 | -€14,992 | -96.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,024 | -€51,015 | -€14,992 | -41.6% |
| Amounts payable | 17/49 | €58,835 | €57,823 | -€1,012 | -1.7% |
| Amounts payable after more than one year | 17 | €11,495 | €8,265 | -€3,230 | -28.1% |
| Financial debts | 170/4 | €11,495 | €8,265 | -€3,230 | -28.1% |
| Amounts payable within one year | 42/48 | €47,340 | €49,559 | +€2,218 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €3,058 | €3,230 | +€173 | +5.6% |
| Financial debts | 43 | €7,039 | €8,116 | +€1,077 | +15.3% |
| Credit institutions | 430/8 | €7,039 | €8,116 | +€1,077 | +15.3% |
| Trade debts | 44 | €31,936 | €34,002 | +€2,066 | +6.5% |
| Suppliers | 440/4 | €31,936 | €34,002 | +€2,066 | +6.5% |
| Taxes, remuneration and social security | 45 | €1,307 | €2,210 | +€903 | +69.1% |
| Taxes | 450/3 | €1,307 | €2,210 | +€903 | +69.1% |
| Other amounts payable | 47/48 | €4,000 | €2,000 | -€2,000 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,736 | €4,226 | +€1,490 | +54.4% |
| Other operating charges | 640/8 | €872 | €841 | -€31 | -3.5% |
| Gross operating margin | 9900 | -€527 | -€8,499 | -€7,973 | -1513.9% |
| Operating profit (loss) | 9901 | -€4,134 | -€13,566 | -€9,432 | -228.1% |
| Financial income | 75/76B | €208 | €342 | +€134 | +64.7% |
| Recurring financial income | 75 | €208 | €342 | +€134 | +64.7% |
| Financial charges | 65/66B | €1,607 | €1,620 | +€12 | +0.8% |
| Recurring financial charges | 65 | €1,607 | €1,620 | +€12 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,534 | -€14,844 | -€9,309 | -168.2% |
| Income taxes | 67/77 | €144 | €148 | +€5 | +3.1% |
| Profit (loss) for the period | 9904 | -€5,678 | -€14,992 | -€9,314 | -164.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,678 | -€14,992 | -€9,314 | -164.0% |
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 11 October 2026 via checked.be.