ID EVENT: 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.
ID EVENT
Largest movements
- Receivables within one year +€221,862
up €221,862 (+17.1%), from €1.3m to €1.5m
of which Trade receivables: +€177,101
- Tangible fixed assets -€32,879
down €32,879 (-6.7%), from €494,098 to €461,219
of which Land and buildings: -€18,952
- Accrued charges and deferred income +€160,407
up €160,407 (+175,596%), from €91 to €160,498
- Trade debts -€159,504
down €159,504 (-21.6%), from €739,163 to €579,659
- Reserves +€126,517
up €126,517 (+149%), from €85,196 to €211,713
of which Distributable reserves: +€126,517
- Tax, wage and social debts +€95,970
up €95,970 (+121%), from €79,186 to €175,155
of which Taxes: +€91,023
- Other debts -€81,552
down €81,552 (-98.0%), from €83,253 to €1,701
- Gross operating margin +€245,821
up €245,821 (+44.0%), from €558,405 to €804,226
- Write-downs +€125,001
up €125,001 (+11,628%), from €1,075 to €126,076
- Staff costs +€43,973
up €43,973 (+12.9%), from €340,514 to €384,487
- Taxes +€22,960
up €22,960 (+49.2%), from €46,678 to €69,638
- Depreciation -€8,732
down €8,732 (-16.0%), from €54,437 to €45,704
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 | €1,889,828 | €2,066,016 | +€176,188 | +9.3% |
| Fixed assets | 21/28 | €496,231 | €463,352 | -€32,879 | -6.6% |
| Tangible fixed assets | 22/27 | €494,098 | €461,219 | -€32,879 | -6.7% |
| Land and buildings | 22 | €442,701 | €423,749 | -€18,952 | -4.3% |
| Plant, machinery and equipment | 23 | €21,879 | €5,850 | -€16,030 | -73.3% |
| Furniture and vehicles | 24 | €29,517 | €31,620 | +€2,103 | +7.1% |
| Financial fixed assets | 28 | €2,133 | €2,133 | = | 0.0% |
| Current assets | 29/58 | €1,393,597 | €1,602,665 | +€209,068 | +15.0% |
| Amounts receivable within one year | 40/41 | €1,297,756 | €1,519,617 | +€221,862 | +17.1% |
| Trade receivables | 40 | €1,122,458 | €1,299,559 | +€177,101 | +15.8% |
| Other amounts receivable | 41 | €175,297 | €220,058 | +€44,761 | +25.5% |
| Cash at bank and in hand | 54/58 | €92,344 | €81,883 | -€10,461 | -11.3% |
| Deferred charges and accrued income | 490/1 | €3,497 | €1,164 | -€2,333 | -66.7% |
| Total equity and liabilities | 10/49 | €1,889,828 | €2,066,016 | +€176,188 | +9.3% |
| Equity | 10/15 | €548,903 | €675,420 | +€126,517 | +23.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €85,196 | €211,713 | +€126,517 | +149% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €83,336 | €209,853 | +€126,517 | +152% |
| Profit (loss) carried forward | 14 | €445,107 | €445,107 | = | 0.0% |
| Amounts payable | 17/49 | €1,340,925 | €1,390,596 | +€49,671 | +3.7% |
| Amounts payable after more than one year | 17 | €386,285 | €342,344 | -€43,941 | -11.4% |
| Financial debts | 170/4 | €386,285 | €342,344 | -€43,941 | -11.4% |
| Amounts payable within one year | 42/48 | €954,549 | €887,754 | -€66,795 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €42,725 | €43,941 | +€1,216 | +2.8% |
| Financial debts | 43 | €2,622 | €8,877 | +€6,255 | +239% |
| Other loans | 439 | €2,622 | €8,877 | +€6,255 | +239% |
| Trade debts | 44 | €739,163 | €579,659 | -€159,504 | -21.6% |
| Suppliers | 440/4 | €739,163 | €579,659 | -€159,504 | -21.6% |
| Advances received on contracts in progress | 46 | €7,600 | €78,421 | +€70,821 | +932% |
| Taxes, remuneration and social security | 45 | €79,186 | €175,155 | +€95,970 | +121% |
| Taxes | 450/3 | €56,833 | €147,856 | +€91,023 | +160% |
| Remuneration and social security | 454/9 | €22,353 | €27,300 | +€4,947 | +22.1% |
| Other amounts payable | 47/48 | €83,253 | €1,701 | -€81,552 | -98.0% |
| Accrued charges and deferred income | 492/3 | €91 | €160,498 | +€160,407 | +175,596% |
| Non-recurring operating income | 76A | €14,336 | €0 | -€14,336 | -100% |
| Remuneration, social security and pensions | 62 | €340,514 | €384,487 | +€43,973 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,437 | €45,704 | -€8,732 | -16.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,075 | €126,076 | +€125,001 | +11,628% |
| Other operating charges | 640/8 | €4,809 | €11,701 | +€6,891 | +143% |
| Non-recurring operating charges | 66A | €14,709 | €22,995 | +€8,286 | +56.3% |
| Gross operating margin | 9900 | €558,405 | €804,226 | +€245,821 | +44.0% |
| Operating profit (loss) | 9901 | €142,861 | €213,263 | +€70,402 | +49.3% |
| Financial income | 75/76B | €4,573 | €6,362 | +€1,789 | +39.1% |
| Recurring financial income | 75 | €4,573 | €6,362 | +€1,789 | +39.1% |
| Financial charges | 65/66B | €17,420 | €23,470 | +€6,050 | +34.7% |
| Recurring financial charges | 65 | €17,420 | €23,470 | +€6,050 | +34.7% |
| Profit (loss) for the period before taxes | 9903 | €130,014 | €196,155 | +€66,142 | +50.9% |
| Income taxes | 67/77 | €46,678 | €69,638 | +€22,960 | +49.2% |
| Profit (loss) for the period | 9904 | €83,336 | €126,517 | +€43,181 | +51.8% |
| Profit (loss) for the period to be appropriated | 9905 | €83,336 | €126,517 | +€43,181 | +51.8% |
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 25 October 2026 via checked.be.