ID.PROJECTS: 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.PROJECTS
Largest movements
- Cash +€56,305
up €56,305 (+236.6%), from €23,799 to €80,103
mainly Net result for the year (+€44,188) and Tax, wage and social debts (+€11,843)
- Stocks and contracts -€1,168
no longer reported in 2025 (was €1,168)
- Tangible fixed assets +€1,054
new in 2025: €1,054
- Reserves +€44,188
up €44,188 (+180.2%), from €24,525 to €68,713
- Tax, wage and social debts +€11,843
up €11,843 (+179.6%), from €6,595 to €18,438
- Other debts +€2,723
up €2,723 (+220.4%), from €1,235 to €3,958
- Current portion of long-term debt -€2,537
no longer reported in 2025 (was €2,537)
- Gross operating margin +€24,684
up €24,684 (+73.9%), from €33,410 to €58,094
- Taxes +€4,942
up €4,942 (+69.9%), from €7,075 to €12,017
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,098 | €95,764 | +€56,666 | +144.9% |
| Fixed assets | 21/28 | - | €1,054 | +€1,054 | |
| Tangible fixed assets | 22/27 | - | €1,054 | +€1,054 | |
| Furniture and vehicles | 24 | - | €1,054 | +€1,054 | |
| Current assets | 29/58 | €39,098 | €94,710 | +€55,612 | +142.2% |
| Stocks and contracts in progress | 3 | €1,168 | - | -€1,168 | |
| Stocks | 30/36 | €1,168 | - | -€1,168 | |
| Amounts receivable within one year | 40/41 | €12,274 | €12,654 | +€381 | +3.1% |
| Trade receivables | 40 | €12,274 | €12,640 | +€366 | +3.0% |
| Other amounts receivable | 41 | - | €14 | +€14 | |
| Cash at bank and in hand | 54/58 | €23,799 | €80,103 | +€56,305 | +236.6% |
| Deferred charges and accrued income | 490/1 | €1,857 | €1,952 | +€95 | +5.1% |
| Total equity and liabilities | 10/49 | €39,098 | €95,764 | +€56,666 | +144.9% |
| Equity | 10/15 | €26,525 | €70,713 | +€44,188 | +166.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €24,525 | €68,713 | +€44,188 | +180.2% |
| Distributable reserves | 133 | €24,525 | €68,713 | +€44,188 | +180.2% |
| Amounts payable | 17/49 | €12,573 | €25,051 | +€12,478 | +99.2% |
| Amounts payable within one year | 42/48 | €12,573 | €25,051 | +€12,478 | +99.2% |
| Current portion of amounts payable after more than one year | 42 | €2,537 | - | -€2,537 | |
| Trade debts | 44 | €2,206 | €2,655 | +€449 | +20.4% |
| Suppliers | 440/4 | €2,206 | €2,655 | +€449 | +20.4% |
| Taxes, remuneration and social security | 45 | €6,595 | €18,438 | +€11,843 | +179.6% |
| Taxes | 450/3 | €6,595 | €18,438 | +€11,843 | +179.6% |
| Other amounts payable | 47/48 | €1,235 | €3,958 | +€2,723 | +220.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €60 | +€60 | |
| Other operating charges | 640/8 | €113 | €308 | +€195 | +172.7% |
| Gross operating margin | 9900 | €33,410 | €58,094 | +€24,684 | +73.9% |
| Operating profit (loss) | 9901 | €33,297 | €57,725 | +€24,428 | +73.4% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €1,697 | €1,526 | -€171 | -10.1% |
| Recurring financial charges | 65 | €1,697 | €1,526 | -€171 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €31,600 | €56,205 | +€24,606 | +77.9% |
| Income taxes | 67/77 | €7,075 | €12,017 | +€4,942 | +69.9% |
| Profit (loss) for the period | 9904 | €24,525 | €44,188 | +€19,664 | +80.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,525 | €44,188 | +€19,664 | +80.2% |
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 9 October 2026 via checked.be.