ID TO LIGHT: 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 TO LIGHT
Largest movements
- Cash +€552,658
up €552,658 (+206%), from €268,736 to €821,394
mainly Current investments (+€414,165) and Net result for the year (+€226,316)
- Current investments -€414,165
down €414,165 (-27.6%), from €1.5m to €1.1m
- Stocks and contracts -€154,539
down €154,539 (-9.3%), from €1.7m to €1.5m
- Receivables within one year -€50,656
down €50,656 (-6.6%), from €773,106 to €722,450
of which Other amounts receivable: -€50,171
- Reserves -€73,684
down €73,684 (-2.1%), from €3.5m to €3.5m
of which Distributable reserves: -€73,684
- Debts after one year -€70,329
down €70,329 (-11.2%), from €630,469 to €560,140
- Other debts +€44,952
up €44,952 (+247%), from €18,221 to €63,173
- Write-downs -€67,759
down €67,759 (-42.6%), from €159,017 to €91,257
- Staff costs -€50,768
down €50,768 (-8.5%), from €596,452 to €545,684
- Gross operating margin +€24,260
up €24,260 (+2.4%), from €1.0m to €1.0m
- Financial charges +€21,975
up €21,975 (+62.6%), from €35,085 to €57,060
- Taxes +€17,479
up €17,479 (+26.4%), from €66,115 to €83,594
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 | €4,449,039 | €4,378,865 | -€70,174 | -1.6% |
| Fixed assets | 21/28 | €208,825 | €184,571 | -€24,254 | -11.6% |
| Intangible fixed assets | 21 | €11,823 | €5,315 | -€6,508 | -55.0% |
| Tangible fixed assets | 22/27 | €187,003 | €169,256 | -€17,746 | -9.5% |
| Plant, machinery and equipment | 23 | €13,275 | €8,261 | -€5,013 | -37.8% |
| Furniture and vehicles | 24 | €97,940 | €102,566 | +€4,626 | +4.7% |
| Other tangible fixed assets | 26 | €75,789 | €58,430 | -€17,359 | -22.9% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €4,240,214 | €4,194,294 | -€45,920 | -1.1% |
| Stocks and contracts in progress | 3 | €1,653,937 | €1,499,398 | -€154,539 | -9.3% |
| Stocks | 30/36 | €1,653,937 | €1,499,398 | -€154,539 | -9.3% |
| Amounts receivable within one year | 40/41 | €773,106 | €722,450 | -€50,656 | -6.6% |
| Trade receivables | 40 | €630,706 | €630,221 | -€485 | -0.1% |
| Other amounts receivable | 41 | €142,400 | €92,229 | -€50,171 | -35.2% |
| Current investments | 50/53 | €1,501,153 | €1,086,988 | -€414,165 | -27.6% |
| Cash at bank and in hand | 54/58 | €268,736 | €821,394 | +€552,658 | +206% |
| Deferred charges and accrued income | 490/1 | €43,282 | €64,063 | +€20,781 | +48.0% |
| Total equity and liabilities | 10/49 | €4,449,039 | €4,378,865 | -€70,174 | -1.6% |
| Equity | 10/15 | €3,562,794 | €3,487,907 | -€74,887 | -2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,542,253 | €3,468,569 | -€73,684 | -2.1% |
| Tax-exempt reserves | 132 | €239,001 | €239,001 | = | 0.0% |
| Distributable reserves | 133 | €3,303,252 | €3,229,568 | -€73,684 | -2.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €1,941 | €738 | -€1,203 | -62.0% |
| Amounts payable | 17/49 | €886,245 | €890,958 | +€4,713 | +0.5% |
| Amounts payable after more than one year | 17 | €630,469 | €560,140 | -€70,329 | -11.2% |
| Other amounts payable | 178/9 | €630,469 | €560,140 | -€70,329 | -11.2% |
| Amounts payable within one year | 42/48 | €255,688 | €328,983 | +€73,295 | +28.7% |
| Trade debts | 44 | €146,944 | €167,488 | +€20,544 | +14.0% |
| Suppliers | 440/4 | €146,944 | €167,488 | +€20,544 | +14.0% |
| Taxes, remuneration and social security | 45 | €90,524 | €98,322 | +€7,799 | +8.6% |
| Taxes | 450/3 | €21,984 | €26,825 | +€4,841 | +22.0% |
| Remuneration and social security | 454/9 | €68,540 | €71,497 | +€2,958 | +4.3% |
| Other amounts payable | 47/48 | €18,221 | €63,173 | +€44,952 | +247% |
| Accrued charges and deferred income | 492/3 | €88 | €1,835 | +€1,747 | +1,992% |
| Non-recurring operating income | 76A | €0 | €4,000 | +€4,000 | |
| Remuneration, social security and pensions | 62 | €596,452 | €545,684 | -€50,768 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,235 | €70,121 | +€7,886 | +12.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €159,017 | €91,257 | -€67,759 | -42.6% |
| Other operating charges | 640/8 | €2,991 | €3,268 | +€277 | +9.3% |
| Gross operating margin | 9900 | €1,008,818 | €1,033,078 | +€24,260 | +2.4% |
| Operating profit (loss) | 9901 | €188,124 | €322,748 | +€134,624 | +71.6% |
| Financial income | 75/76B | €49,904 | €44,222 | -€5,682 | -11.4% |
| Recurring financial income | 75 | €49,904 | €44,222 | -€5,682 | -11.4% |
| Financial charges | 65/66B | €35,085 | €57,060 | +€21,975 | +62.6% |
| Recurring financial charges | 65 | €35,085 | €57,060 | +€21,975 | +62.6% |
| Profit (loss) for the period before taxes | 9903 | €202,942 | €309,910 | +€106,968 | +52.7% |
| Income taxes | 67/77 | €66,115 | €83,594 | +€17,479 | +26.4% |
| Profit (loss) for the period | 9904 | €136,827 | €226,316 | +€89,489 | +65.4% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €136,827 | €226,316 | +€89,489 | +65.4% |
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 27 October 2026 via checked.be.