IDB Vastgoed: 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.
IDB Vastgoed
Largest movements
- Cash +€61,005
up €61,005 (+55.3%), from €110,282 to €171,288
mainly Net result for the year (+€53,962) and Receivables within one year (+€4,170)
- Receivables within one year -€4,170
down €4,170 (-88.7%), from €4,702 to €533
of which Other amounts receivable: -€4,470
- Tangible fixed assets -€3,670
down €3,670 (-62.6%), from €5,859 to €2,189
- Reserves +€53,962
up €53,962 (+60.1%), from €89,758 to €143,719
- Gross operating margin +€9,405
up €9,405 (+14.6%), from €64,371 to €73,776
- Taxes +€1,970
up €1,970 (+15.4%), from €12,798 to €14,767
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 | €121,490 | €174,614 | +€53,124 | +43.7% |
| Fixed assets | 21/28 | €5,859 | €2,189 | -€3,670 | -62.6% |
| Tangible fixed assets | 22/27 | €5,859 | €2,189 | -€3,670 | -62.6% |
| Furniture and vehicles | 24 | €5,859 | €2,189 | -€3,670 | -62.6% |
| Current assets | 29/58 | €115,631 | €172,426 | +€56,794 | +49.1% |
| Amounts receivable within one year | 40/41 | €4,702 | €533 | -€4,170 | -88.7% |
| Trade receivables | 40 | €0 | €300 | +€300 | |
| Other amounts receivable | 41 | €4,702 | €233 | -€4,470 | -95.1% |
| Cash at bank and in hand | 54/58 | €110,282 | €171,288 | +€61,005 | +55.3% |
| Deferred charges and accrued income | 490/1 | €647 | €606 | -€41 | -6.4% |
| Total equity and liabilities | 10/49 | €121,490 | €174,614 | +€53,124 | +43.7% |
| Equity | 10/15 | €101,758 | €155,719 | +€53,962 | +53.0% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €89,758 | €143,719 | +€53,962 | +60.1% |
| Distributable reserves | 133 | €89,758 | €143,719 | +€53,962 | +60.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,732 | €18,895 | -€837 | -4.2% |
| Amounts payable after more than one year | 17 | €12,000 | €12,000 | = | 0.0% |
| Financial debts | 170/4 | €12,000 | €12,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,252 | €6,415 | -€837 | -11.5% |
| Trade debts | 44 | €408 | €708 | +€301 | +73.7% |
| Suppliers | 440/4 | €408 | €708 | +€301 | +73.7% |
| Taxes, remuneration and social security | 45 | €5,029 | €4,990 | -€39 | -0.8% |
| Taxes | 450/3 | €5,029 | €4,990 | -€39 | -0.8% |
| Other amounts payable | 47/48 | €1,815 | €716 | -€1,099 | -60.5% |
| Accrued charges and deferred income | 492/3 | €480 | €480 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,670 | €3,670 | = | 0.0% |
| Other operating charges | 640/8 | €815 | €868 | +€53 | +6.4% |
| Gross operating margin | 9900 | €64,371 | €73,776 | +€9,405 | +14.6% |
| Operating profit (loss) | 9901 | €59,885 | €69,238 | +€9,352 | +15.6% |
| Financial income | 75/76B | €0 | €27 | +€27 | |
| Recurring financial income | 75 | €0 | €27 | +€27 | |
| Financial charges | 65/66B | €539 | €536 | -€3 | -0.6% |
| Recurring financial charges | 65 | €539 | €536 | -€3 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €59,347 | €68,729 | +€9,382 | +15.8% |
| Income taxes | 67/77 | €12,798 | €14,767 | +€1,970 | +15.4% |
| Profit (loss) for the period | 9904 | €46,549 | €53,962 | +€7,413 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,549 | €53,962 | +€7,413 | +15.9% |
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 22 October 2026 via checked.be.