IDA: 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.
IDA
Largest movements
- Receivables within one year +€49,760
up €49,760 (+473.6%), from €10,508 to €60,268
of which Trade receivables: +€49,896
- Tangible fixed assets -€10,615
down €10,615 (-3.0%), from €358,479 to €347,864
of which Assets under construction and advance payments: -€130,025
- Reserves +€26,293
up €26,293 (+35.9%), from €73,150 to €99,443
- Debts after one year -€10,199
down €10,199 (-4.7%), from €217,534 to €207,335
- Short-term financial debts +€10,000
up €10,000 (+200.0%), from €5,000 to €15,000
- Tax, wage and social debts +€8,938
up €8,938 (+114.4%), from €7,811 to €16,749
- Gross operating margin +€40,322
up €40,322 (+188.7%), from €21,366 to €61,688
- Taxes +€10,126
up €10,126 (+2162.5%), from €468 to €10,594
- Depreciation +€3,828
up €3,828 (+41.1%), from €9,306 to €13,133
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.
Cash bridge derived
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 | €379,653 | €419,137 | +€39,484 | +10.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €358,479 | €347,864 | -€10,615 | -3.0% |
| Tangible fixed assets | 22/27 | €358,479 | €347,864 | -€10,615 | -3.0% |
| Land and buildings | 22 | €221,704 | €340,220 | +€118,516 | +53.5% |
| Plant, machinery and equipment | 23 | €673 | €590 | -€83 | -12.3% |
| Furniture and vehicles | 24 | €6,021 | €6,756 | +€734 | +12.2% |
| Other tangible fixed assets | 26 | €56 | €299 | +€243 | +434.2% |
| Assets under construction and advance payments | 27 | €130,025 | - | -€130,025 | |
| Current assets | 29/58 | €21,175 | €71,273 | +€50,098 | +236.6% |
| Amounts receivable within one year | 40/41 | €10,508 | €60,268 | +€49,760 | +473.6% |
| Trade receivables | 40 | €5,962 | €55,858 | +€49,896 | +837.0% |
| Other amounts receivable | 41 | €4,546 | €4,410 | -€136 | -3.0% |
| Cash at bank and in hand | 54/58 | €9,684 | €9,360 | -€323 | -3.3% |
| Deferred charges and accrued income | 490/1 | €983 | €1,645 | +€662 | +67.3% |
| Total equity and liabilities | 10/49 | €379,653 | €419,137 | +€39,484 | +10.4% |
| Equity | 10/15 | €75,671 | €102,443 | +€26,772 | +35.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €73,150 | €99,443 | +€26,293 | +35.9% |
| Distributable reserves | 133 | €73,150 | €99,443 | +€26,293 | +35.9% |
| Profit (loss) carried forward | 14 | -€479 | - | +€479 | |
| Amounts payable | 17/49 | €303,982 | €316,694 | +€12,712 | +4.2% |
| Amounts payable after more than one year | 17 | €217,534 | €207,335 | -€10,199 | -4.7% |
| Financial debts | 170/4 | €217,534 | €207,335 | -€10,199 | -4.7% |
| Amounts payable within one year | 42/48 | €86,449 | €109,360 | +€22,911 | +26.5% |
| Current portion of amounts payable after more than one year | 42 | €9,909 | €10,199 | +€290 | +2.9% |
| Financial debts | 43 | €5,000 | €15,000 | +€10,000 | +200.0% |
| Credit institutions | 430/8 | €5,000 | €15,000 | +€10,000 | +200.0% |
| Trade debts | 44 | €1,764 | €1,485 | -€279 | -15.8% |
| Suppliers | 440/4 | €1,764 | €1,485 | -€279 | -15.8% |
| Taxes, remuneration and social security | 45 | €7,811 | €16,749 | +€8,938 | +114.4% |
| Taxes | 450/3 | €7,811 | €16,749 | +€8,938 | +114.4% |
| Other amounts payable | 47/48 | €61,964 | €65,927 | +€3,962 | +6.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €1,774 | - | -€1,774 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,306 | €13,133 | +€3,828 | +41.1% |
| Other operating charges | 640/8 | €549 | €151 | -€398 | -72.5% |
| Non-recurring operating charges | 66A | - | €56 | +€56 | |
| Gross operating margin | 9900 | €21,366 | €61,688 | +€40,322 | +188.7% |
| Operating profit (loss) | 9901 | €11,512 | €48,348 | +€36,836 | +320.0% |
| Financial income | 75/76B | €42 | €34 | -€7 | -17.5% |
| Recurring financial income | 75 | €42 | €34 | -€7 | -17.5% |
| Financial charges | 65/66B | €11,575 | €11,016 | -€559 | -4.8% |
| Recurring financial charges | 65 | €11,575 | €11,016 | -€559 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | -€22 | €37,366 | +€37,388 | |
| Income taxes | 67/77 | €468 | €10,594 | +€10,126 | +2162.5% |
| Profit (loss) for the period | 9904 | -€490 | €26,772 | +€27,262 | |
| Profit (loss) for the period to be appropriated | 9905 | -€490 | €26,772 | +€27,262 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.