IDAD: 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.
IDAD
Largest movements
- Financial fixed assets -€2.2m
down €2.2m (-89.7%), from €2.4m to €250,000
- Receivables within one year +€2.1m
up €2.1m (+21427.3%), from €9,666 to €2.1m
of which Other amounts receivable: +€2.1m
- Tangible fixed assets +€1.8m
up €1.8m (+12756.2%), from €13,993 to €1.8m
of which Land and buildings: +€1.8m
- Current investments +€499,179
new in 2025: €499,179
- Cash +€103,207
up €103,207 (+84.3%), from €122,368 to €225,576
mainly Net result for the year (+€3.7m) and Tax, wage and social debts (+€333,667)
- Reserves +€3.7m
up €3.7m (+856.4%), from €437,239 to €4.2m
- Debts after one year -€1.5m
down €1.5m (-94.0%), from €1.6m to €99,167
- Tax, wage and social debts +€333,667
up €333,667 (+746.5%), from €44,699 to €378,366
- Other debts -€214,104
no longer reported in 2025 (was €214,104)
- Financial income +€4.0m
up €4.0m (+957.7%), from €416,825 to €4.4m
of which Non-recurring financial income: +€4.4m
- Taxes +€333,076
up €333,076 (+805.2%), from €41,364 to €374,440
- Depreciation +€273,133
up €273,133 (+2352.6%), from €11,610 to €284,742
- Other operating charges +€24,990
up €24,990 (+2949.2%), from €847 to €25,837
- Financial charges -€6,333
down €6,333 (-13.6%), from €46,660 to €40,327
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 | €2,563,450 | €4,862,984 | +€2.3m | +89.7% |
| Fixed assets | 21/28 | €2,430,818 | €2,048,941 | -€381,877 | -15.7% |
| Tangible fixed assets | 22/27 | €13,993 | €1,798,941 | +€1.8m | +12756.2% |
| Land and buildings | 22 | - | €1,795,123 | +€1.8m | |
| Furniture and vehicles | 24 | €13,993 | €3,818 | -€10,174 | -72.7% |
| Financial fixed assets | 28 | €2,416,825 | €250,000 | -€2.2m | -89.7% |
| Current assets | 29/58 | €132,632 | €2,814,044 | +€2.7m | +2021.7% |
| Amounts receivable within one year | 40/41 | €9,666 | €2,080,875 | +€2.1m | +21427.3% |
| Trade receivables | 40 | €9,666 | €7,442 | -€2,225 | -23.0% |
| Other amounts receivable | 41 | - | €2,073,434 | +€2.1m | |
| Current investments | 50/53 | - | €499,179 | +€499,179 | |
| Cash at bank and in hand | 54/58 | €122,368 | €225,576 | +€103,207 | +84.3% |
| Deferred charges and accrued income | 490/1 | €598 | €8,414 | +€7,816 | +1308.0% |
| Total equity and liabilities | 10/49 | €2,563,450 | €4,862,984 | +€2.3m | +89.7% |
| Equity | 10/15 | €555,839 | €4,300,242 | +€3.7m | +673.6% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Reserves | 13 | €437,239 | €4,181,642 | +€3.7m | +856.4% |
| Distributable reserves | 133 | €437,239 | €4,181,642 | +€3.7m | +856.4% |
| Amounts payable | 17/49 | €2,007,611 | €562,743 | -€1.4m | -72.0% |
| Amounts payable after more than one year | 17 | €1,639,406 | €99,167 | -€1.5m | -94.0% |
| Financial debts | 170/4 | €1,639,406 | €99,167 | -€1.5m | -94.0% |
| Amounts payable within one year | 42/48 | €368,205 | €463,575 | +€95,370 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | €107,143 | €85,000 | -€22,143 | -20.7% |
| Trade debts | 44 | €2,259 | €209 | -€2,050 | -90.7% |
| Suppliers | 440/4 | €2,259 | €209 | -€2,050 | -90.7% |
| Taxes, remuneration and social security | 45 | €44,699 | €378,366 | +€333,667 | +746.5% |
| Taxes | 450/3 | €44,699 | €378,366 | +€333,667 | +746.5% |
| Other amounts payable | 47/48 | €214,104 | - | -€214,104 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,610 | €284,742 | +€273,133 | +2352.6% |
| Other operating charges | 640/8 | €847 | €25,837 | +€24,990 | +2949.2% |
| Gross operating margin | 9900 | €63,839 | €61,121 | -€2,719 | -4.3% |
| Operating profit (loss) | 9901 | €51,382 | -€249,459 | -€300,841 | |
| Financial income | 75/76B | €416,825 | €4,408,629 | +€4.0m | +957.7% |
| Recurring financial income | 75 | €416,825 | €43,954 | -€372,871 | -89.5% |
| Non-recurring financial income | 76B | - | €4,364,675 | +€4.4m | |
| Financial charges | 65/66B | €46,660 | €40,327 | -€6,333 | -13.6% |
| Recurring financial charges | 65 | €46,660 | €40,327 | -€6,333 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €421,547 | €4,118,843 | +€3.7m | +877.1% |
| Income taxes | 67/77 | €41,364 | €374,440 | +€333,076 | +805.2% |
| Profit (loss) for the period | 9904 | €380,183 | €3,744,403 | +€3.4m | +884.9% |
| Profit (loss) for the period to be appropriated | 9905 | €380,183 | €3,744,403 | +€3.4m | +884.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.