ID en D: 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.
What changed
ID en D
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€297,217
2024 · €176,655+€120,561
Equity
€5.0m
2024 · €4.7m+€297,217
Cash
€38,651
2024 · €1,873+€36,778
Balance sheet total
€5.6m
2024 · €5.5m+€152,499
Largest movements
Assets
- Receivables within one year +€156,095
up €156,095 (+81.5%), from €191,639 to €347,734
of which Other amounts receivable: +€154,680
- Tangible fixed assets -€72,494
down €72,494 (-4.7%), from €1.5m to €1.5m
of which Land and buildings: -€76,866
Equity and liabilities
- Profit (loss) carried forward +€304,415
up €304,415 (+12.1%), from €2.5m to €2.8m
- Debts after one year -€89,231
down €89,231 (-21.9%), from €407,223 to €317,992
Income statement
- Gross operating margin +€112,490
up €112,490 (+27.4%), from €410,007 to €522,497
- Financial income +€13,801
up €13,801 (+71.8%), from €19,230 to €33,032
- Taxes +€9,705
up €9,705 (+9.3%), from €104,433 to €114,137
- Staff costs +€8,657
up €8,657 (+36.1%), from €23,953 to €32,610
- Depreciation -€7,714
down €7,714 (-7.2%), from €107,283 to €99,570
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.
Result 2024
€176,655
Gross operating margin
+€112,490
Staff costs
-€8,657
Depreciation
+€7,714
Other operating charges
+€3,442
Financial income
+€13,801
Financial charges
+€1,475
Taxes
-€9,705
Result 2025
€297,217
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.
From operations
+€261,189
Investment
-€64,422
Financing
-€159,989
Cash 2024
€1,873
From operations (derived)
+€261,189
Net result for the year
+€297,217
Depreciation
+€99,570
Receivables after one year
+€37,000
Receivables within one year
-€156,095
Deferred charges and accrued income
-€31,774
Provisions
-€2,399
Trade debts
-€1,673
Tax, wage and social debts
+€22,548
Accrued charges and deferred income
-€3,205
Investment (derived)
-€64,422
Investment in fixed assets (net)
-€64,422
Financing
-€159,989
Debts after one year
-€89,231
Current portion of long-term debt
-€53,852
Short-term financial debts
-€16,905
Cash 2025
€38,651
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,486,544 | €5,639,043 | +€152,499 | +2.8% |
| Fixed assets | 21/28 | €4,674,922 | €4,639,774 | -€35,148 | -0.8% |
| Tangible fixed assets | 22/27 | €1,547,965 | €1,475,471 | -€72,494 | -4.7% |
| Land and buildings | 22 | €1,521,116 | €1,444,250 | -€76,866 | -5.1% |
| Plant, machinery and equipment | 23 | €2,129 | €21,573 | +€19,444 | +913.1% |
| Furniture and vehicles | 24 | €24,719 | €9,647 | -€15,072 | -61.0% |
| Financial fixed assets | 28 | €3,126,958 | €3,164,304 | +€37,346 | +1.2% |
| Current assets | 29/58 | €811,622 | €999,269 | +€187,647 | +23.1% |
| Amounts receivable after more than one year | 29 | €562,000 | €525,000 | -€37,000 | -6.6% |
| Trade receivables | 290 | - | €525,000 | +€525,000 | |
| Other amounts receivable | 291 | €562,000 | - | -€562,000 | |
| Amounts receivable within one year | 40/41 | €191,639 | €347,734 | +€156,095 | +81.5% |
| Trade receivables | 40 | €4,775 | €6,189 | +€1,414 | +29.6% |
| Other amounts receivable | 41 | €186,864 | €341,544 | +€154,680 | +82.8% |
| Cash at bank and in hand | 54/58 | €1,873 | €38,651 | +€36,778 | +1963.8% |
| Deferred charges and accrued income | 490/1 | €56,110 | €87,884 | +€31,774 | +56.6% |
| Total equity and liabilities | 10/49 | €5,486,544 | €5,639,043 | +€152,499 | +2.8% |
| Equity | 10/15 | €4,713,686 | €5,010,903 | +€297,217 | +6.3% |
| Contributions | 10/11 | €74,400 | €74,400 | = | 0.0% |
| Capital | 10 | €74,400 | €74,400 | = | 0.0% |
| Issued capital | 100 | €74,400 | €74,400 | = | 0.0% |
| Reserves | 13 | €2,119,513 | €2,112,314 | -€7,198 | -0.3% |
| Non-distributable reserves | 130/1 | €7,440 | €7,440 | = | 0.0% |
| Legal reserve | 130 | €7,440 | €7,440 | = | 0.0% |
| Tax-exempt reserves | 132 | €204,335 | €197,137 | -€7,198 | -3.5% |
| Distributable reserves | 133 | €1,907,738 | €1,907,738 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,519,773 | €2,824,188 | +€304,415 | +12.1% |
| Provisions and deferred taxes | 16 | €69,217 | €66,817 | -€2,399 | -3.5% |
| Deferred taxes | 168 | €69,217 | €66,817 | -€2,399 | -3.5% |
| Amounts payable | 17/49 | €703,641 | €561,323 | -€142,318 | -20.2% |
| Amounts payable after more than one year | 17 | €407,223 | €317,992 | -€89,231 | -21.9% |
| Financial debts | 170/4 | €407,223 | €317,992 | -€89,231 | -21.9% |
| Amounts payable within one year | 42/48 | €293,073 | €243,191 | -€49,882 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €159,910 | €106,058 | -€53,852 | -33.7% |
| Financial debts | 43 | €16,905 | €0 | -€16,905 | -100.0% |
| Credit institutions | 430/8 | €16,905 | €0 | -€16,905 | -100.0% |
| Trade debts | 44 | €10,687 | €9,014 | -€1,673 | -15.7% |
| Suppliers | 440/4 | €10,687 | €9,014 | -€1,673 | -15.7% |
| Taxes, remuneration and social security | 45 | €105,571 | €128,119 | +€22,548 | +21.4% |
| Taxes | 450/3 | €101,329 | €128,119 | +€26,790 | +26.4% |
| Remuneration and social security | 454/9 | €4,241 | €0 | -€4,241 | -100.0% |
| Accrued charges and deferred income | 492/3 | €3,345 | €140 | -€3,205 | -95.8% |
| Remuneration, social security and pensions | 62 | €23,953 | €32,610 | +€8,657 | +36.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,283 | €99,570 | -€7,714 | -7.2% |
| Other operating charges | 640/8 | €10,702 | €7,260 | -€3,442 | -32.2% |
| Gross operating margin | 9900 | €410,007 | €522,497 | +€112,490 | +27.4% |
| Operating profit (loss) | 9901 | €268,068 | €383,057 | +€114,989 | +42.9% |
| Financial income | 75/76B | €19,230 | €33,032 | +€13,801 | +71.8% |
| Recurring financial income | 75 | €19,230 | €33,032 | +€13,801 | +71.8% |
| Financial charges | 65/66B | €8,610 | €7,135 | -€1,475 | -17.1% |
| Recurring financial charges | 65 | €8,610 | €7,135 | -€1,475 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €278,689 | €408,954 | +€130,266 | +46.7% |
| Transfer from deferred taxes | 780 | €2,399 | €2,399 | = | 0.0% |
| Income taxes | 67/77 | €104,433 | €114,137 | +€9,705 | +9.3% |
| Profit (loss) for the period | 9904 | €176,655 | €297,217 | +€120,561 | +68.2% |
| Transfer from tax-exempt reserves | 789 | €7,198 | €7,198 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €183,854 | €304,415 | +€120,561 | +65.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.