ID PROJECTS: 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 PROJECTS
Largest movements
- Cash -€12,720
down €12,720 (-64.3%), from €19,773 to €7,053
mainly Trade debts (-€44,586)
- Receivables within one year -€4,564
down €4,564 (-5.8%), from €78,604 to €74,040
of which Other amounts receivable: -€4,564
- Trade debts -€44,586
down €44,586 (-93.1%), from €47,886 to €3,300
- Reserves +€10,000
up €10,000 (+50.0%), from €20,000 to €30,000
- Profit (loss) carried forward +€8,179
up €8,179, from -€3,982 to €4,197
- Short-term financial debts +€7,408
up €7,408 (+77.3%), from €9,578 to €16,986
- Tax, wage and social debts +€1,631
up €1,631 (+34.3%), from €4,753 to €6,384
of which Taxes: +€3,305
- Staff costs -€18,365
down €18,365 (-55.1%), from €33,327 to €14,962
- Gross operating margin +€9,496
up €9,496 (+28.8%), from €32,963 to €42,459
- Taxes +€4,715
up €4,715 (+1648.6%), from €286 to €5,001
- Financial charges -€3,283
down €3,283 (-55.5%), from €5,914 to €2,631
- Financial income -€2,246
no longer reported in 2024 (was €2,246)
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 | €98,695 | €81,327 | -€17,368 | -17.6% |
| Fixed assets | 21/28 | €318 | €234 | -€84 | -26.4% |
| Tangible fixed assets | 22/27 | €169 | €85 | -€84 | -49.7% |
| Other tangible fixed assets | 26 | €169 | €85 | -€84 | -49.7% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €98,377 | €81,093 | -€17,284 | -17.6% |
| Amounts receivable within one year | 40/41 | €78,604 | €74,040 | -€4,564 | -5.8% |
| Trade receivables | 40 | €53,867 | €53,867 | = | 0.0% |
| Other amounts receivable | 41 | €24,737 | €20,173 | -€4,564 | -18.5% |
| Cash at bank and in hand | 54/58 | €19,773 | €7,053 | -€12,720 | -64.3% |
| Total equity and liabilities | 10/49 | €98,695 | €81,327 | -€17,368 | -17.6% |
| Equity | 10/15 | €36,478 | €54,657 | +€18,179 | +49.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €20,000 | €30,000 | +€10,000 | +50.0% |
| Distributable reserves | 133 | €20,000 | €30,000 | +€10,000 | +50.0% |
| Profit (loss) carried forward | 14 | -€3,982 | €4,197 | +€8,179 | |
| Amounts payable | 17/49 | €62,217 | €26,670 | -€35,547 | -57.1% |
| Amounts payable within one year | 42/48 | €62,217 | €26,670 | -€35,547 | -57.1% |
| Financial debts | 43 | €9,578 | €16,986 | +€7,408 | +77.3% |
| Credit institutions | 430/8 | €9,578 | €16,986 | +€7,408 | +77.3% |
| Trade debts | 44 | €47,886 | €3,300 | -€44,586 | -93.1% |
| Suppliers | 440/4 | €47,886 | €3,300 | -€44,586 | -93.1% |
| Taxes, remuneration and social security | 45 | €4,753 | €6,384 | +€1,631 | +34.3% |
| Taxes | 450/3 | €2,684 | €5,989 | +€3,305 | +123.1% |
| Remuneration and social security | 454/9 | €2,069 | €395 | -€1,674 | -80.9% |
| Remuneration, social security and pensions | 62 | €33,327 | €14,962 | -€18,365 | -55.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €251 | €84 | -€167 | -66.5% |
| Other operating charges | 640/8 | €2,077 | €1,602 | -€475 | -22.9% |
| Gross operating margin | 9900 | €32,963 | €42,459 | +€9,496 | +28.8% |
| Operating profit (loss) | 9901 | -€2,692 | €25,811 | +€28,503 | |
| Financial income | 75/76B | €2,246 | - | -€2,246 | |
| Recurring financial income | 75 | €2,246 | - | -€2,246 | |
| Financial charges | 65/66B | €5,914 | €2,631 | -€3,283 | -55.5% |
| Recurring financial charges | 65 | €5,914 | €2,631 | -€3,283 | -55.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,360 | €23,180 | +€29,540 | |
| Income taxes | 67/77 | €286 | €5,001 | +€4,715 | +1648.6% |
| Profit (loss) for the period | 9904 | -€6,646 | €18,179 | +€24,825 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,646 | €18,179 | +€24,825 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.