ID-4: 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.
ID-4
Largest movements
- Receivables within one year +€85,945
up €85,945 (+118.4%), from €72,612 to €158,557
of which Trade receivables: +€95,186
- Deferred charges and accrued income -€74,811
down €74,811 (-95.6%), from €78,248 to €3,437
- Tangible fixed assets +€26,171
up €26,171 (+14.2%), from €184,481 to €210,652
of which Other tangible fixed assets: +€40,563
- Stocks and contracts +€18,974
up €18,974 (+10.7%), from €177,005 to €195,979
- Trade debts +€60,824
up €60,824 (+90.8%), from €66,966 to €127,791
- Profit (loss) carried forward -€33,053
down €33,053 (-56.8%), from €58,220 to €25,167
- Short-term financial debts +€29,444
up €29,444 (+22.2%), from €132,673 to €162,117
- Tax, wage and social debts +€24,646
up €24,646 (+54.9%), from €44,857 to €69,502
of which Taxes: +€12,608
- Advances received -€19,000
down €19,000 (-51.4%), from €37,000 to €18,000
- Gross operating margin -€11,269
down €11,269 (-10.8%), from €104,792 to €93,522
- Taxes -€8,740
down €8,740, from €5,406 to -€3,334
- Financial charges +€5,136
up €5,136 (+30.8%), from €16,659 to €21,795
- Staff costs -€3,279
down €3,279 (-5.9%), from €55,440 to €52,161
- Financial income +€1,652
new in 2024: €1,652
of which Financial income: +€1,652
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €513,001 | €569,280 | +€56,279 | +11.0% |
| Fixed assets | 21/28 | €185,131 | €211,302 | +€26,171 | +14.1% |
| Tangible fixed assets | 22/27 | €184,481 | €210,652 | +€26,171 | +14.2% |
| Land and buildings | 22 | €176,805 | €166,136 | -€10,669 | -6.0% |
| Plant, machinery and equipment | 23 | - | €768 | +€768 | |
| Furniture and vehicles | 24 | €7,675 | €3,185 | -€4,491 | -58.5% |
| Other tangible fixed assets | 26 | - | €40,563 | +€40,563 | |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €327,870 | €357,979 | +€30,109 | +9.2% |
| Stocks and contracts in progress | 3 | €177,005 | €195,979 | +€18,974 | +10.7% |
| Stocks | 30/36 | €177,005 | €195,979 | +€18,974 | +10.7% |
| Amounts receivable within one year | 40/41 | €72,612 | €158,557 | +€85,945 | +118.4% |
| Trade receivables | 40 | €55,371 | €150,557 | +€95,186 | +171.9% |
| Other amounts receivable | 41 | €17,241 | €8,000 | -€9,241 | -53.6% |
| Cash at bank and in hand | 54/58 | €5 | €5 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €78,248 | €3,437 | -€74,811 | -95.6% |
| Total equity and liabilities | 10/49 | €513,001 | €569,280 | +€56,279 | +11.0% |
| Equity | 10/15 | €78,680 | €45,627 | -€33,053 | -42.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Outside capital | 11 | €20,460 | - | -€20,460 | |
| Share premium | 1100/10 | €20,460 | - | -€20,460 | |
| Profit (loss) carried forward | 14 | €58,220 | €25,167 | -€33,053 | -56.8% |
| Amounts payable | 17/49 | €434,321 | €523,653 | +€89,333 | +20.6% |
| Amounts payable after more than one year | 17 | €148,159 | €146,244 | -€1,916 | -1.3% |
| Financial debts | 170/4 | €146,244 | €146,244 | = | 0.0% |
| Other amounts payable | 178/9 | €1,916 | - | -€1,916 | |
| Amounts payable within one year | 42/48 | €286,161 | €377,410 | +€91,248 | +31.9% |
| Current portion of amounts payable after more than one year | 42 | €4,665 | - | -€4,665 | |
| Financial debts | 43 | €132,673 | €162,117 | +€29,444 | +22.2% |
| Credit institutions | 430/8 | €132,673 | €162,117 | +€29,444 | +22.2% |
| Trade debts | 44 | €66,966 | €127,791 | +€60,824 | +90.8% |
| Suppliers | 440/4 | €66,966 | €127,791 | +€60,824 | +90.8% |
| Advances received on contracts in progress | 46 | €37,000 | €18,000 | -€19,000 | -51.4% |
| Taxes, remuneration and social security | 45 | €44,857 | €69,502 | +€24,646 | +54.9% |
| Taxes | 450/3 | €27,532 | €40,140 | +€12,608 | +45.8% |
| Remuneration and social security | 454/9 | €17,325 | €29,362 | +€12,038 | +69.5% |
| Remuneration, social security and pensions | 62 | €55,440 | €52,161 | -€3,279 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,259 | €18,164 | +€905 | +5.2% |
| Other operating charges | 640/8 | €1,979 | €1,942 | -€37 | -1.9% |
| Non-recurring operating charges | 66A | €2,838 | - | -€2,838 | |
| Gross operating margin | 9900 | €104,792 | €93,522 | -€11,269 | -10.8% |
| Operating profit (loss) | 9901 | €27,276 | €21,256 | -€6,021 | -22.1% |
| Financial income | 75/76B | - | €1,652 | +€1,652 | |
| Recurring financial income | 75 | - | €1,652 | +€1,652 | |
| Non-recurring financial income | 76B | - | €1,652 | +€1,652 | |
| Financial charges | 65/66B | €16,659 | €21,795 | +€5,136 | +30.8% |
| Recurring financial charges | 65 | €16,659 | €21,795 | +€5,136 | +30.8% |
| Profit (loss) for the period before taxes | 9903 | €10,617 | €1,113 | -€9,504 | -89.5% |
| Income taxes | 67/77 | €5,406 | -€3,334 | -€8,740 | |
| Profit (loss) for the period | 9904 | €5,210 | €4,447 | -€764 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,210 | €4,447 | -€764 | -14.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.