I.D.S.: 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.S.
Largest movements
- Tangible fixed assets -€35,902
down €35,902 (-2.8%), from €1.3m to €1.3m
of which Land and buildings: -€45,735
- Debts after one year -€55,519
down €55,519 (-8.5%), from €650,634 to €595,116
of which Financial debts: -€83,164
- Reserves +€25,461
up €25,461 (+5.8%), from €440,598 to €466,058
of which Distributable reserves: +€25,461
- Tax, wage and social debts -€18,033
down €18,033 (-69.1%), from €26,115 to €8,082
- Gross operating margin -€47,901
down €47,901 (-23.1%), from €207,543 to €159,642
- Other operating charges -€25,333
down €25,333 (-68.1%), from €37,224 to €11,891
- Taxes -€14,174
down €14,174 (-47.0%), from €30,188 to €16,014
- Depreciation +€4,272
up €4,272 (+5.6%), from €76,399 to €80,671
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 | €1,470,683 | €1,415,445 | -€55,238 | -3.8% |
| Fixed assets | 21/28 | €1,301,135 | €1,265,234 | -€35,902 | -2.8% |
| Tangible fixed assets | 22/27 | €1,301,135 | €1,265,234 | -€35,902 | -2.8% |
| Land and buildings | 22 | €1,150,986 | €1,105,251 | -€45,735 | -4.0% |
| Plant, machinery and equipment | 23 | €120,174 | €101,224 | -€18,950 | -15.8% |
| Furniture and vehicles | 24 | €29,975 | €58,759 | +€28,784 | +96.0% |
| Current assets | 29/58 | €169,548 | €150,211 | -€19,337 | -11.4% |
| Amounts receivable within one year | 40/41 | €72,685 | €65,568 | -€7,117 | -9.8% |
| Trade receivables | 40 | €68,291 | €61,651 | -€6,641 | -9.7% |
| Other amounts receivable | 41 | €4,394 | €3,917 | -€476 | -10.8% |
| Cash at bank and in hand | 54/58 | €96,862 | €84,643 | -€12,219 | -12.6% |
| Total equity and liabilities | 10/49 | €1,470,683 | €1,415,445 | -€55,238 | -3.8% |
| Equity | 10/15 | €607,926 | €633,387 | +€25,461 | +4.2% |
| Contributions | 10/11 | €167,328 | €167,328 | = | 0.0% |
| Contributions outside capital | 11 | €167,328 | €167,328 | = | 0.0% |
| Share premium | 1100/10 | €167,328 | €167,328 | = | 0.0% |
| Reserves | 13 | €440,598 | €466,058 | +€25,461 | +5.8% |
| Non-distributable reserves | 130/1 | €16,733 | €16,733 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,733 | €16,733 | = | 0.0% |
| Tax-exempt reserves | 132 | €45,744 | €45,744 | = | 0.0% |
| Distributable reserves | 133 | €378,121 | €403,582 | +€25,461 | +6.7% |
| Amounts payable | 17/49 | €862,757 | €782,058 | -€80,699 | -9.4% |
| Amounts payable after more than one year | 17 | €650,634 | €595,116 | -€55,519 | -8.5% |
| Financial debts | 170/4 | €435,634 | €352,471 | -€83,164 | -19.1% |
| Other amounts payable | 178/9 | €215,000 | €242,645 | +€27,645 | +12.9% |
| Amounts payable within one year | 42/48 | €185,603 | €170,295 | -€15,308 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €101,271 | €110,532 | +€9,260 | +9.1% |
| Trade debts | 44 | €37,264 | €36,174 | -€1,090 | -2.9% |
| Suppliers | 440/4 | €37,264 | €36,174 | -€1,090 | -2.9% |
| Taxes, remuneration and social security | 45 | €26,115 | €8,082 | -€18,033 | -69.1% |
| Taxes | 450/3 | €26,115 | €8,082 | -€18,033 | -69.1% |
| Other amounts payable | 47/48 | €20,952 | €15,507 | -€5,445 | -26.0% |
| Accrued charges and deferred income | 492/3 | €26,520 | €16,648 | -€9,872 | -37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,399 | €80,671 | +€4,272 | +5.6% |
| Other operating charges | 640/8 | €37,224 | €11,891 | -€25,333 | -68.1% |
| Gross operating margin | 9900 | €207,543 | €159,642 | -€47,901 | -23.1% |
| Operating profit (loss) | 9901 | €93,921 | €67,080 | -€26,841 | -28.6% |
| Financial charges | 65/66B | €27,344 | €25,605 | -€1,739 | -6.4% |
| Recurring financial charges | 65 | €27,344 | €25,605 | -€1,739 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €66,577 | €41,475 | -€25,102 | -37.7% |
| Income taxes | 67/77 | €30,188 | €16,014 | -€14,174 | -47.0% |
| Profit (loss) for the period | 9904 | €36,389 | €25,461 | -€10,928 | -30.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,389 | €25,461 | -€10,928 | -30.0% |
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 19 October 2026 via checked.be.