IDARO: 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.
IDARO
Largest movements
- Cash -€663,909
down €663,909 (-81.1%), from €818,431 to €154,522
mainly Investment in fixed assets (net) (-€586,007) and Debts after one year (-€117,690)
- Tangible fixed assets +€438,541
up €438,541 (+27.6%), from €1.6m to €2.0m
of which Land and buildings: +€450,694
- Receivables within one year +€98,674
up €98,674 (+6.0%), from €1.7m to €1.8m
of which Other amounts receivable: +€135,250
- Debts after one year -€117,690
down €117,690 (-6.4%), from €1.8m to €1.7m
- Accrued charges and deferred income +€72,760
new in 2025: €72,760
- Trade debts -€61,834
no longer reported in 2025 (was €61,834)
- Profit (loss) carried forward +€58,531
up €58,531 (+49.5%), from €118,248 to €176,779
- Reserves -€58,387
down €58,387 (-4.3%), from €1.4m to €1.3m
of which Tax-exempt reserves: -€58,387
- Gross operating margin -€820,456
down €820,456 (-77.2%), from €1.1m to €242,710
- Other operating charges -€46,944
down €46,944 (-77.9%), from €60,291 to €13,346
- Depreciation +€25,788
up €25,788 (+21.2%), from €121,677 to €147,465
- Taxes -€22,184
down €22,184 (-46.4%), from €47,767 to €25,584
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 | €4,072,978 | €3,946,284 | -€126,693 | -3.1% |
| Fixed assets | 21/28 | €1,596,928 | €2,035,469 | +€438,541 | +27.5% |
| Tangible fixed assets | 22/27 | €1,586,928 | €2,025,469 | +€438,541 | +27.6% |
| Land and buildings | 22 | €1,532,635 | €1,983,328 | +€450,694 | +29.4% |
| Furniture and vehicles | 24 | €54,293 | €41,191 | -€13,102 | -24.1% |
| Assets under construction and advance payments | 27 | - | €950 | +€950 | |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €2,476,050 | €1,910,815 | -€565,235 | -22.8% |
| Amounts receivable within one year | 40/41 | €1,657,619 | €1,756,293 | +€98,674 | +6.0% |
| Trade receivables | 40 | €36,771 | €196 | -€36,575 | -99.5% |
| Other amounts receivable | 41 | €1,620,848 | €1,756,098 | +€135,250 | +8.3% |
| Cash at bank and in hand | 54/58 | €818,431 | €154,522 | -€663,909 | -81.1% |
| Total equity and liabilities | 10/49 | €4,072,978 | €3,946,284 | -€126,693 | -3.1% |
| Equity | 10/15 | €1,537,058 | €1,537,202 | +€144 | 0.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,357,310 | €1,298,923 | -€58,387 | -4.3% |
| Non-distributable reserves | 130/1 | €45,000 | €45,000 | = | 0.0% |
| Legal reserve | 130 | €45,000 | €45,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,312,310 | €1,253,923 | -€58,387 | -4.4% |
| Profit (loss) carried forward | 14 | €118,248 | €176,779 | +€58,531 | +49.5% |
| Provisions and deferred taxes | 16 | €437,437 | €417,974 | -€19,462 | -4.4% |
| Deferred taxes | 168 | €437,437 | €417,974 | -€19,462 | -4.4% |
| Amounts payable | 17/49 | €2,098,483 | €1,991,108 | -€107,375 | -5.1% |
| Amounts payable after more than one year | 17 | €1,844,452 | €1,726,762 | -€117,690 | -6.4% |
| Financial debts | 170/4 | €1,844,452 | €1,726,762 | -€117,690 | -6.4% |
| Amounts payable within one year | 42/48 | €254,032 | €191,586 | -€62,446 | -24.6% |
| Current portion of amounts payable after more than one year | 42 | €113,248 | €117,690 | +€4,442 | +3.9% |
| Trade debts | 44 | €61,834 | - | -€61,834 | |
| Suppliers | 440/4 | €61,834 | - | -€61,834 | |
| Taxes, remuneration and social security | 45 | €10,612 | - | -€10,612 | |
| Taxes | 450/3 | €10,612 | - | -€10,612 | |
| Other amounts payable | 47/48 | €68,338 | €73,896 | +€5,559 | +8.1% |
| Accrued charges and deferred income | 492/3 | - | €72,760 | +€72,760 | |
| Non-recurring operating income | 76A | €684,456 | - | -€684,456 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121,677 | €147,465 | +€25,788 | +21.2% |
| Other operating charges | 640/8 | €60,291 | €13,346 | -€46,944 | -77.9% |
| Gross operating margin | 9900 | €1,063,166 | €242,710 | -€820,456 | -77.2% |
| Operating profit (loss) | 9901 | €881,198 | €81,898 | -€799,300 | -90.7% |
| Financial charges | 65/66B | €66,760 | €75,632 | +€8,873 | +13.3% |
| Recurring financial charges | 65 | €66,760 | €75,632 | +€8,873 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €814,439 | €6,265 | -€808,173 | -99.2% |
| Transfer from deferred taxes | 780 | €12,454 | €19,462 | +€7,008 | +56.3% |
| Transfer to deferred taxes | 680 | €171,873 | - | -€171,873 | |
| Income taxes | 67/77 | €47,767 | €25,584 | -€22,184 | -46.4% |
| Profit (loss) for the period | 9904 | €607,252 | €144 | -€607,108 | -100.0% |
| Transfer from tax-exempt reserves | 789 | €37,362 | €58,387 | +€21,025 | +56.3% |
| Transfer to tax-exempt reserves | 689 | €515,620 | - | -€515,620 | |
| Profit (loss) for the period to be appropriated | 9905 | €128,995 | €58,531 | -€70,464 | -54.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.