ID2Q: 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.
ID2Q
Largest movements
- Cash +€91,020
up €91,020 (+145%), from €62,582 to €153,603
mainly Net result for the year (+€203,530) and Depreciation (+€185,592)
- Receivables within one year +€82,705
up €82,705 (+46.6%), from €177,577 to €260,282
of which Trade receivables: +€101,694
- Tangible fixed assets -€66,744
down €66,744 (-12.3%), from €543,726 to €476,982
of which Leasing and similar rights: -€85,097
- Reserves +€96,387
up €96,387 (+29.9%), from €322,365 to €418,751
of which Tax-exempt reserves: +€91,778
- Debts after one year -€71,091
down €71,091 (-42.7%), from €166,476 to €95,385
- Trade debts +€30,134
up €30,134 (+24.0%), from €125,379 to €155,513
- Tax, wage and social debts +€25,912
up €25,912 (+66.2%), from €39,167 to €65,079
of which Taxes: +€18,982
- Other debts +€19,448
up €19,448 (+566%), from €3,439 to €22,887
- Gross operating margin +€103,934
up €103,934 (+22.6%), from €460,803 to €564,737
- Staff costs +€51,461
up €51,461 (+201%), from €25,595 to €77,055
- Depreciation +€30,024
up €30,024 (+19.3%), from €155,567 to €185,592
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 | €796,115 | €902,690 | +€106,575 | +13.4% |
| Fixed assets | 21/28 | €546,142 | €480,779 | -€65,364 | -12.0% |
| Intangible fixed assets | 21 | €2,416 | €3,796 | +€1,380 | +57.1% |
| Tangible fixed assets | 22/27 | €543,726 | €476,982 | -€66,744 | -12.3% |
| Plant, machinery and equipment | 23 | €225,908 | €261,412 | +€35,504 | +15.7% |
| Furniture and vehicles | 24 | €60,157 | €43,007 | -€17,151 | -28.5% |
| Leasing and similar rights | 25 | €257,661 | €172,564 | -€85,097 | -33.0% |
| Current assets | 29/58 | €249,973 | €421,911 | +€171,938 | +68.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €177,577 | €260,282 | +€82,705 | +46.6% |
| Trade receivables | 40 | €156,018 | €257,712 | +€101,694 | +65.2% |
| Other amounts receivable | 41 | €21,559 | €2,571 | -€18,989 | -88.1% |
| Cash at bank and in hand | 54/58 | €62,582 | €153,603 | +€91,020 | +145% |
| Deferred charges and accrued income | 490/1 | €9,814 | €8,026 | -€1,788 | -18.2% |
| Total equity and liabilities | 10/49 | €796,115 | €902,690 | +€106,575 | +13.4% |
| Equity | 10/15 | €360,965 | €457,351 | +€96,387 | +26.7% |
| Contributions | 10/11 | €38,600 | €38,600 | = | 0.0% |
| Reserves | 13 | €322,365 | €418,751 | +€96,387 | +29.9% |
| Tax-exempt reserves | 132 | - | €91,778 | +€91,778 | |
| Distributable reserves | 133 | €322,365 | €326,973 | +€4,609 | +1.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €435,151 | €445,338 | +€10,188 | +2.3% |
| Amounts payable after more than one year | 17 | €166,476 | €95,385 | -€71,091 | -42.7% |
| Financial debts | 170/4 | €166,476 | €95,385 | -€71,091 | -42.7% |
| Amounts payable within one year | 42/48 | €268,675 | €349,954 | +€81,279 | +30.3% |
| Current portion of amounts payable after more than one year | 42 | €100,690 | €97,678 | -€3,012 | -3.0% |
| Financial debts | 43 | - | €8,796 | +€8,796 | |
| Credit institutions | 430/8 | - | €8,796 | +€8,796 | |
| Trade debts | 44 | €125,379 | €155,513 | +€30,134 | +24.0% |
| Suppliers | 440/4 | €125,379 | €155,513 | +€30,134 | +24.0% |
| Taxes, remuneration and social security | 45 | €39,167 | €65,079 | +€25,912 | +66.2% |
| Taxes | 450/3 | €36,035 | €55,016 | +€18,982 | +52.7% |
| Remuneration and social security | 454/9 | €3,132 | €10,063 | +€6,931 | +221% |
| Other amounts payable | 47/48 | €3,439 | €22,887 | +€19,448 | +566% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €25,595 | €77,055 | +€51,461 | +201% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155,567 | €185,592 | +€30,024 | +19.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €1,984 | +€1,984 | |
| Other operating charges | 640/8 | €2,528 | €2,689 | +€161 | +6.4% |
| Gross operating margin | 9900 | €460,803 | €564,737 | +€103,934 | +22.6% |
| Operating profit (loss) | 9901 | €277,113 | €297,417 | +€20,303 | +7.3% |
| Financial income | 75/76B | €201 | €45 | -€156 | -77.4% |
| Recurring financial income | 75 | €201 | €45 | -€156 | -77.4% |
| Financial charges | 65/66B | €15,738 | €12,839 | -€2,899 | -18.4% |
| Recurring financial charges | 65 | €15,738 | €12,839 | -€2,899 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €261,577 | €284,623 | +€23,046 | +8.8% |
| Income taxes | 67/77 | €81,866 | €81,093 | -€773 | -0.9% |
| Profit (loss) for the period | 9904 | €179,711 | €203,530 | +€23,819 | +13.3% |
| Transfer to tax-exempt reserves | 689 | - | €91,778 | +€91,778 | |
| Profit (loss) for the period to be appropriated | 9905 | €179,711 | €111,752 | -€67,959 | -37.8% |
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 21 October 2026 via checked.be.