ID2R: 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.
ID2R
Largest movements
- Receivables after one year -€113,796
down €113,796 (-77.8%), from €146,261 to €32,466
- Receivables within one year +€33,955
up €33,955 (+187%), from €18,192 to €52,147
of which Trade receivables: +€21,456
- Tangible fixed assets -€18,600
down €18,600 (-3.8%), from €484,678 to €466,078
of which Land and buildings: -€18,407
- Cash -€7,381
down €7,381 (-16.2%), from €45,436 to €38,056
mainly Contributions, distributions and other (-€65,000) and Debts after one year (-€59,448)
- Debts after one year -€59,448
down €59,448 (-19.5%), from €305,182 to €245,734
- Reserves -€40,983
down €40,983 (-17.7%), from €232,130 to €191,147
of which Distributable reserves: -€40,983
- Trade debts -€13,277
down €13,277 (-74.8%), from €17,751 to €4,474
- Gross operating margin +€21,916
up €21,916 (+56.2%), from €39,022 to €60,938
- Other operating charges +€4,811
up €4,811 (+99.9%), from €4,815 to €9,625
- Taxes +€3,861
up €3,861 (+134%), from €2,883 to €6,743
- Financial income -€873
down €873 (-15.4%), from €5,665 to €4,792
- Financial charges -€780
down €780 (-10.4%), from €7,524 to €6,744
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 | €701,477 | €599,096 | -€102,381 | -14.6% |
| Fixed assets | 21/28 | €484,678 | €466,078 | -€18,600 | -3.8% |
| Tangible fixed assets | 22/27 | €484,678 | €466,078 | -€18,600 | -3.8% |
| Land and buildings | 22 | €484,486 | €466,078 | -€18,407 | -3.8% |
| Furniture and vehicles | 24 | €193 | €0 | -€193 | -100% |
| Current assets | 29/58 | €216,799 | €133,018 | -€83,781 | -38.6% |
| Amounts receivable after more than one year | 29 | €146,261 | €32,466 | -€113,796 | -77.8% |
| Other amounts receivable | 291 | €146,261 | €32,466 | -€113,796 | -77.8% |
| Amounts receivable within one year | 40/41 | €18,192 | €52,147 | +€33,955 | +187% |
| Trade receivables | 40 | €5,733 | €27,189 | +€21,456 | +374% |
| Other amounts receivable | 41 | €12,459 | €24,958 | +€12,499 | +100% |
| Current investments | 50/53 | €3,501 | €3,501 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €45,436 | €38,056 | -€7,381 | -16.2% |
| Deferred charges and accrued income | 490/1 | €3,408 | €6,848 | +€3,440 | +101% |
| Total equity and liabilities | 10/49 | €701,477 | €599,096 | -€102,381 | -14.6% |
| Equity | 10/15 | €309,130 | €268,147 | -€40,983 | -13.3% |
| Contributions | 10/11 | €77,000 | €77,000 | = | 0.0% |
| Reserves | 13 | €232,130 | €191,147 | -€40,983 | -17.7% |
| Tax-exempt reserves | 132 | €15,006 | €15,006 | = | 0.0% |
| Distributable reserves | 133 | €217,124 | €176,141 | -€40,983 | -18.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €392,347 | €330,949 | -€61,398 | -15.6% |
| Amounts payable after more than one year | 17 | €305,182 | €245,734 | -€59,448 | -19.5% |
| Financial debts | 170/4 | €305,182 | €245,734 | -€59,448 | -19.5% |
| Amounts payable within one year | 42/48 | €87,165 | €85,215 | -€1,950 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €62,249 | €63,233 | +€984 | +1.6% |
| Trade debts | 44 | €17,751 | €4,474 | -€13,277 | -74.8% |
| Suppliers | 440/4 | €17,751 | €4,474 | -€13,277 | -74.8% |
| Taxes, remuneration and social security | 45 | €6,171 | €10,988 | +€4,818 | +78.1% |
| Taxes | 450/3 | €6,171 | €10,988 | +€4,818 | +78.1% |
| Other amounts payable | 47/48 | €995 | €6,520 | +€5,525 | +555% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,108 | €18,600 | -€508 | -2.7% |
| Other operating charges | 640/8 | €4,815 | €9,625 | +€4,811 | +99.9% |
| Gross operating margin | 9900 | €39,022 | €60,938 | +€21,916 | +56.2% |
| Operating profit (loss) | 9901 | €15,099 | €32,712 | +€17,614 | +117% |
| Financial income | 75/76B | €5,665 | €4,792 | -€873 | -15.4% |
| Recurring financial income | 75 | €5,665 | €4,792 | -€873 | -15.4% |
| Financial charges | 65/66B | €7,524 | €6,744 | -€780 | -10.4% |
| Recurring financial charges | 65 | €7,524 | €6,744 | -€780 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €13,239 | €30,760 | +€17,521 | +132% |
| Income taxes | 67/77 | €2,883 | €6,743 | +€3,861 | +134% |
| Profit (loss) for the period | 9904 | €10,357 | €24,017 | +€13,660 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €10,357 | €24,017 | +€13,660 | +132% |
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.