ID STRATEGY: 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 STRATEGY
Largest movements
- Receivables within one year -€21,062
down €21,062 (-62.6%), from €33,640 to €12,578
of which Trade receivables: -€25,410
- Cash +€16,926
up €16,926 (+102%), from €16,589 to €33,515
mainly Receivables within one year (+€21,062) and Debts after one year (+€12,090)
- Tangible fixed assets +€6,854
new in 2025: €6,854
- Stocks and contracts +€3,317
new in 2025: €3,317
- Debts after one year +€12,090
up €12,090, from €0 to €12,090
- Reserves +€6,204
up €6,204 (+11.7%), from €53,053 to €59,257
of which Distributable reserves: +€6,204
- Tax, wage and social debts -€4,321
down €4,321 (-52.2%), from €8,280 to €3,960
- Current portion of long-term debt -€3,834
down €3,834 (-44.3%), from €8,649 to €4,815
- Gross operating margin -€13,618
down €13,618 (-51.0%), from €26,695 to €13,077
- Taxes -€4,303
down €4,303 (-61.7%), from €6,970 to €2,667
- Depreciation +€906
new in 2025: €906
- Other operating charges +€828
up €828 (+973%), from €85 to €913
- Financial charges +€482
up €482 (+25.2%), from €1,913 to €2,395
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 | €246,958 | €253,884 | +€6,926 | +2.8% |
| Fixed assets | 21/28 | €196,652 | €203,656 | +€7,004 | +3.6% |
| Tangible fixed assets | 22/27 | - | €6,854 | +€6,854 | |
| Furniture and vehicles | 24 | - | €6,854 | +€6,854 | |
| Financial fixed assets | 28 | €196,652 | €196,802 | +€150 | +0.1% |
| Current assets | 29/58 | €50,306 | €50,228 | -€78 | -0.2% |
| Stocks and contracts in progress | 3 | - | €3,317 | +€3,317 | |
| Stocks | 30/36 | - | €3,317 | +€3,317 | |
| Amounts receivable within one year | 40/41 | €33,640 | €12,578 | -€21,062 | -62.6% |
| Trade receivables | 40 | €33,610 | €8,200 | -€25,410 | -75.6% |
| Other amounts receivable | 41 | €30 | €4,378 | +€4,348 | +14,325% |
| Cash at bank and in hand | 54/58 | €16,589 | €33,515 | +€16,926 | +102% |
| Deferred charges and accrued income | 490/1 | €76 | €818 | +€742 | +975% |
| Total equity and liabilities | 10/49 | €246,958 | €253,884 | +€6,926 | +2.8% |
| Equity | 10/15 | €73,053 | €79,257 | +€6,204 | +8.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €53,053 | €59,257 | +€6,204 | +11.7% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €51,053 | €57,257 | +€6,204 | +12.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €173,905 | €174,627 | +€722 | +0.4% |
| Amounts payable after more than one year | 17 | €0 | €12,090 | +€12,090 | |
| Financial debts | 170/4 | €0 | €12,090 | +€12,090 | |
| Amounts payable within one year | 42/48 | €173,905 | €162,537 | -€11,368 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €8,649 | €4,815 | -€3,834 | -44.3% |
| Trade debts | 44 | €1,035 | €127 | -€908 | -87.7% |
| Suppliers | 440/4 | €1,035 | €127 | -€908 | -87.7% |
| Taxes, remuneration and social security | 45 | €8,280 | €3,960 | -€4,321 | -52.2% |
| Taxes | 450/3 | €8,280 | €3,960 | -€4,321 | -52.2% |
| Other amounts payable | 47/48 | €155,940 | €153,635 | -€2,305 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €906 | +€906 | |
| Other operating charges | 640/8 | €85 | €913 | +€828 | +973% |
| Gross operating margin | 9900 | €26,695 | €13,077 | -€13,618 | -51.0% |
| Operating profit (loss) | 9901 | €26,610 | €11,257 | -€15,353 | -57.7% |
| Financial income | 75/76B | €0 | €8 | +€8 | +10,914% |
| Recurring financial income | 75 | €0 | €8 | +€8 | +10,914% |
| Financial charges | 65/66B | €1,913 | €2,395 | +€482 | +25.2% |
| Recurring financial charges | 65 | €1,913 | €2,395 | +€482 | +25.2% |
| Profit (loss) for the period before taxes | 9903 | €24,697 | €8,870 | -€15,827 | -64.1% |
| Income taxes | 67/77 | €6,970 | €2,667 | -€4,303 | -61.7% |
| Profit (loss) for the period | 9904 | €17,727 | €6,204 | -€11,524 | -65.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,727 | €6,204 | -€11,524 | -65.0% |
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 16 October 2026 via checked.be.