ID2IT: 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.
ID2IT
Largest movements
- Tangible fixed assets +€333,674
up €333,674 (+74.3%), from €448,814 to €782,488
of which Land and buildings: +€320,105
- Cash -€72,999
down €72,999 (-58.2%), from €125,407 to €52,408
mainly Investment in fixed assets (net) (-€369,716) and Receivables within one year (-€28,346)
- Receivables within one year +€28,346
up €28,346 (+144.8%), from €19,570 to €47,916
- Debts after one year +€243,945
up €243,945 (+63.3%), from €385,084 to €629,029
- Reserves +€40,463
up €40,463 (+21.0%), from €192,878 to €233,340
of which Distributable reserves: +€40,463
- Current portion of long-term debt +€9,932
up €9,932 (+98.3%), from €10,106 to €20,037
- Financial charges +€8,601
up €8,601 (+98.9%), from €8,692 to €17,293
- Gross operating margin -€4,853
down €4,853 (-4.1%), from €118,398 to €113,545
- Taxes -€3,474
down €3,474 (-16.7%), from €20,804 to €17,330
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 | €623,150 | €909,948 | +€286,798 | +46.0% |
| Fixed assets | 21/28 | €448,814 | €782,488 | +€333,674 | +74.3% |
| Tangible fixed assets | 22/27 | €448,814 | €782,488 | +€333,674 | +74.3% |
| Land and buildings | 22 | €368,243 | €688,348 | +€320,105 | +86.9% |
| Plant, machinery and equipment | 23 | €974 | €441 | -€533 | -54.7% |
| Furniture and vehicles | 24 | €6,351 | €4,665 | -€1,686 | -26.5% |
| Other tangible fixed assets | 26 | €73,246 | €89,034 | +€15,788 | +21.6% |
| Current assets | 29/58 | €174,336 | €127,460 | -€46,876 | -26.9% |
| Amounts receivable within one year | 40/41 | €19,570 | €47,916 | +€28,346 | +144.8% |
| Trade receivables | 40 | €19,570 | €47,916 | +€28,346 | +144.8% |
| Current investments | 50/53 | €27,987 | €26,113 | -€1,874 | -6.7% |
| Cash at bank and in hand | 54/58 | €125,407 | €52,408 | -€72,999 | -58.2% |
| Deferred charges and accrued income | 490/1 | €1,373 | €1,023 | -€349 | -25.4% |
| Total equity and liabilities | 10/49 | €623,150 | €909,948 | +€286,798 | +46.0% |
| Equity | 10/15 | €199,078 | €239,540 | +€40,463 | +20.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €192,878 | €233,340 | +€40,463 | +21.0% |
| Tax-exempt reserves | 132 | €13,269 | €13,269 | = | 0.0% |
| Distributable reserves | 133 | €179,609 | €220,071 | +€40,463 | +22.5% |
| Amounts payable | 17/49 | €424,073 | €670,408 | +€246,335 | +58.1% |
| Amounts payable after more than one year | 17 | €385,084 | €629,029 | +€243,945 | +63.3% |
| Financial debts | 170/4 | €385,084 | €629,029 | +€243,945 | +63.3% |
| Amounts payable within one year | 42/48 | €38,988 | €41,379 | +€2,390 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €10,106 | €20,037 | +€9,932 | +98.3% |
| Trade debts | 44 | €2,549 | €4,219 | +€1,670 | +65.5% |
| Suppliers | 440/4 | €2,549 | €4,219 | +€1,670 | +65.5% |
| Taxes, remuneration and social security | 45 | €23,547 | €15,457 | -€8,090 | -34.4% |
| Taxes | 450/3 | €23,547 | €15,457 | -€8,090 | -34.4% |
| Other amounts payable | 47/48 | €2,787 | €1,666 | -€1,121 | -40.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,554 | €36,043 | +€489 | +1.4% |
| Other operating charges | 640/8 | €855 | €1,516 | +€662 | +77.4% |
| Gross operating margin | 9900 | €118,398 | €113,545 | -€4,853 | -4.1% |
| Operating profit (loss) | 9901 | €81,989 | €75,986 | -€6,004 | -7.3% |
| Financial income | 75/76B | €507 | €766 | +€259 | +51.1% |
| Recurring financial income | 75 | €507 | €766 | +€259 | +51.1% |
| Financial charges | 65/66B | €8,692 | €17,293 | +€8,601 | +98.9% |
| Recurring financial charges | 65 | €8,692 | €17,293 | +€8,601 | +98.9% |
| Profit (loss) for the period before taxes | 9903 | €73,804 | €59,459 | -€14,345 | -19.4% |
| Income taxes | 67/77 | €20,804 | €17,330 | -€3,474 | -16.7% |
| Profit (loss) for the period | 9904 | €53,000 | €42,129 | -€10,871 | -20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €53,000 | €42,129 | -€10,871 | -20.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.