ID VOLETS: 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 VOLETS
Largest movements
- Receivables within one year +€16,685
up €16,685 (+69.8%), from €23,907 to €40,592
of which Trade receivables: +€14,423
- Tangible fixed assets +€8,585
up €8,585 (+53.3%), from €16,112 to €24,697
of which Furniture and vehicles: +€4,794
- Cash -€1,292
down €1,292 (-18.8%), from €6,886 to €5,593
mainly Receivables within one year (-€16,685) and Investment in fixed assets (net) (-€15,673)
- Deferred charges and accrued income -€1,192
no longer reported in 2025 (was €1,192)
- Tax, wage and social debts +€11,024
up €11,024 (+149%), from €7,415 to €18,439
of which Taxes: +€13,024
- Other debts +€7,619
up €7,619 (+121%), from €6,304 to €13,923
- Reserves +€4,600
up €4,600 (+24.4%), from €18,860 to €23,460
of which Distributable reserves: +€4,600
- Depreciation +€3,295
up €3,295 (+86.9%), from €3,793 to €7,088
- Financial income -€2,381
down €2,381 (-99.6%), from €2,389 to €9
- Gross operating margin +€2,159
up €2,159 (+13.5%), from €15,947 to €18,107
- Taxes -€929
down €929 (-23.8%), from €3,901 to €2,972
- Other operating charges +€663
up €663 (+88.8%), from €746 to €1,409
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 | €56,258 | €79,026 | +€22,769 | +40.5% |
| Fixed assets | 21/28 | €21,112 | €29,697 | +€8,585 | +40.7% |
| Tangible fixed assets | 22/27 | €16,112 | €24,697 | +€8,585 | +53.3% |
| Plant, machinery and equipment | 23 | €730 | €4,521 | +€3,791 | +519% |
| Furniture and vehicles | 24 | €15,382 | €20,176 | +€4,794 | +31.2% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €35,146 | €49,329 | +€14,184 | +40.4% |
| Stocks and contracts in progress | 3 | €3,161 | €3,144 | -€17 | -0.5% |
| Stocks | 30/36 | €3,161 | €3,144 | -€17 | -0.5% |
| Amounts receivable within one year | 40/41 | €23,907 | €40,592 | +€16,685 | +69.8% |
| Trade receivables | 40 | €15,049 | €29,472 | +€14,423 | +95.8% |
| Other amounts receivable | 41 | €8,857 | €11,120 | +€2,262 | +25.5% |
| Cash at bank and in hand | 54/58 | €6,886 | €5,593 | -€1,292 | -18.8% |
| Deferred charges and accrued income | 490/1 | €1,192 | - | -€1,192 | |
| Total equity and liabilities | 10/49 | €56,258 | €79,026 | +€22,769 | +40.5% |
| Equity | 10/15 | €41,162 | €45,787 | +€4,624 | +11.2% |
| Contributions | 10/11 | €16,400 | €16,400 | = | 0.0% |
| Contributions outside capital | 11 | €16,400 | €16,400 | = | 0.0% |
| Other | 1109/19 | €16,400 | €16,400 | = | 0.0% |
| Reserves | 13 | €18,860 | €23,460 | +€4,600 | +24.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €9,000 | €13,600 | +€4,600 | +51.1% |
| Profit (loss) carried forward | 14 | €5,902 | €5,927 | +€24 | +0.4% |
| Amounts payable | 17/49 | €15,095 | €33,240 | +€18,144 | +120% |
| Amounts payable within one year | 42/48 | €15,095 | €33,240 | +€18,144 | +120% |
| Trade debts | 44 | €1,376 | €877 | -€499 | -36.3% |
| Suppliers | 440/4 | €1,376 | €877 | -€499 | -36.3% |
| Taxes, remuneration and social security | 45 | €7,415 | €18,439 | +€11,024 | +149% |
| Taxes | 450/3 | €5,415 | €18,439 | +€13,024 | +241% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €6,304 | €13,923 | +€7,619 | +121% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,793 | €7,088 | +€3,295 | +86.9% |
| Other operating charges | 640/8 | €746 | €1,409 | +€663 | +88.8% |
| Non-recurring operating charges | 66A | €63 | €1,488 | +€1,425 | +2,258% |
| Gross operating margin | 9900 | €15,947 | €18,107 | +€2,159 | +13.5% |
| Operating profit (loss) | 9901 | €11,346 | €8,122 | -€3,223 | -28.4% |
| Financial income | 75/76B | €2,389 | €9 | -€2,381 | -99.6% |
| Recurring financial income | 75 | €2,389 | €9 | -€2,381 | -99.6% |
| Financial charges | 65/66B | €238 | €534 | +€297 | +125% |
| Recurring financial charges | 65 | €126 | €534 | +€408 | +323% |
| Non-recurring financial charges | 66B | €111 | - | -€111 | |
| Profit (loss) for the period before taxes | 9903 | €13,497 | €7,597 | -€5,901 | -43.7% |
| Income taxes | 67/77 | €3,901 | €2,972 | -€929 | -23.8% |
| Profit (loss) for the period | 9904 | €9,597 | €4,624 | -€4,972 | -51.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,597 | €4,624 | -€4,972 | -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 14 October 2026 via checked.be.