i-des: 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-des
Largest movements
- Current investments +€250,956
new in 2025: €250,956
- Cash -€168,242
down €168,242 (-88.2%), from €190,850 to €22,608
mainly Current investments (-€250,956) and Contributions, distributions and other (-€69,007)
- Receivables within one year -€30,788
down €30,788 (-69.7%), from €44,183 to €13,395
of which Trade receivables: -€28,285
- Other debts +€49,024
up €49,024 (+51.9%), from €94,445 to €143,469
- Tax, wage and social debts +€3,980
up €3,980 (+35.6%), from €11,180 to €15,160
- Gross operating margin +€19,307
up €19,307 (+25.0%), from €77,165 to €96,472
- Taxes +€8,081
up €8,081 (+48.1%), from €16,788 to €24,869
- Financial charges +€1,713
up €1,713 (+58.1%), from €2,950 to €4,662
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 | €237,729 | €289,086 | +€51,357 | +21.6% |
| Fixed assets | 21/28 | €2,696 | €1,733 | -€963 | -35.7% |
| Tangible fixed assets | 22/27 | €2,696 | €1,733 | -€963 | -35.7% |
| Furniture and vehicles | 24 | €2,696 | €1,733 | -€963 | -35.7% |
| Current assets | 29/58 | €235,033 | €287,353 | +€52,320 | +22.3% |
| Amounts receivable within one year | 40/41 | €44,183 | €13,395 | -€30,788 | -69.7% |
| Trade receivables | 40 | €41,680 | €13,395 | -€28,285 | -67.9% |
| Other amounts receivable | 41 | €2,503 | €0 | -€2,503 | -100% |
| Current investments | 50/53 | - | €250,956 | +€250,956 | |
| Cash at bank and in hand | 54/58 | €190,850 | €22,608 | -€168,242 | -88.2% |
| Deferred charges and accrued income | 490/1 | - | €394 | +€394 | |
| Total equity and liabilities | 10/49 | €237,729 | €289,086 | +€51,357 | +21.6% |
| Equity | 10/15 | €123,010 | €123,010 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €118,010 | €118,010 | = | 0.0% |
| Distributable reserves | 133 | €118,010 | €118,010 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €114,719 | €166,076 | +€51,357 | +44.8% |
| Amounts payable within one year | 42/48 | €109,027 | €159,828 | +€50,800 | +46.6% |
| Trade debts | 44 | €3,402 | €1,199 | -€2,204 | -64.8% |
| Suppliers | 440/4 | €3,402 | €1,199 | -€2,204 | -64.8% |
| Taxes, remuneration and social security | 45 | €11,180 | €15,160 | +€3,980 | +35.6% |
| Taxes | 450/3 | €11,180 | €15,160 | +€3,980 | +35.6% |
| Other amounts payable | 47/48 | €94,445 | €143,469 | +€49,024 | +51.9% |
| Accrued charges and deferred income | 492/3 | €5,692 | €6,249 | +€557 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €700 | €963 | +€264 | +37.7% |
| Other operating charges | 640/8 | €1,087 | €1,111 | +€24 | +2.2% |
| Gross operating margin | 9900 | €77,165 | €96,472 | +€19,307 | +25.0% |
| Operating profit (loss) | 9901 | €75,379 | €94,398 | +€19,020 | +25.2% |
| Financial income | 75/76B | €4,319 | €4,140 | -€178 | -4.1% |
| Recurring financial income | 75 | €4,319 | €4,140 | -€178 | -4.1% |
| Financial charges | 65/66B | €2,950 | €4,662 | +€1,713 | +58.1% |
| Recurring financial charges | 65 | €2,950 | €4,662 | +€1,713 | +58.1% |
| Profit (loss) for the period before taxes | 9903 | €76,748 | €93,876 | +€17,129 | +22.3% |
| Income taxes | 67/77 | €16,788 | €24,869 | +€8,081 | +48.1% |
| Profit (loss) for the period | 9904 | €59,960 | €69,007 | +€9,047 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €59,960 | €69,007 | +€9,047 | +15.1% |
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 30 October 2026 via checked.be.