IDEA: 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.
IDEA
Largest movements
- Current investments -€250,000
no longer reported in 2025 (was €250,000)
- Cash +€126,188
up €126,188 (+291%), from €43,383 to €169,571
mainly Current investments (+€250,000) and Net result for the year (+€44,927)
- Receivables within one year +€25,626
up €25,626 (+67.5%), from €37,985 to €63,611
of which Trade receivables: +€26,072
- Deferred charges and accrued income +€20,725
up €20,725 (+44.6%), from €46,470 to €67,195
- Other debts -€119,731
down €119,731 (-15.8%), from €758,186 to €638,456
- Reserves +€44,927
up €44,927 (+24.4%), from €183,761 to €228,688
of which Distributable reserves: +€44,927
- Gross operating margin +€24,428
up €24,428 (+35.3%), from €69,119 to €93,547
- Financial charges -€10,367
down €10,367 (-17.8%), from €58,280 to €47,913
- Taxes -€2,737
no longer reported in 2025 (was €2,737)
- Financial income +€1,773
up €1,773 (+84,837%), from €2 to €1,775
- Other operating charges -€998
down €998 (-29.2%), from €3,414 to €2,416
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 | €1,982,212 | €1,899,639 | -€82,572 | -4.2% |
| Fixed assets | 21/28 | €1,604,374 | €1,599,262 | -€5,112 | -0.3% |
| Tangible fixed assets | 22/27 | €333,383 | €328,271 | -€5,112 | -1.5% |
| Land and buildings | 22 | €324,991 | €316,205 | -€8,786 | -2.7% |
| Plant, machinery and equipment | 23 | €8,392 | €12,066 | +€3,674 | +43.8% |
| Financial fixed assets | 28 | €1,270,991 | €1,270,991 | = | 0.0% |
| Current assets | 29/58 | €377,838 | €300,378 | -€77,460 | -20.5% |
| Amounts receivable within one year | 40/41 | €37,985 | €63,611 | +€25,626 | +67.5% |
| Trade receivables | 40 | €34,681 | €60,753 | +€26,072 | +75.2% |
| Other amounts receivable | 41 | €3,304 | €2,859 | -€445 | -13.5% |
| Current investments | 50/53 | €250,000 | - | -€250,000 | |
| Cash at bank and in hand | 54/58 | €43,383 | €169,571 | +€126,188 | +291% |
| Deferred charges and accrued income | 490/1 | €46,470 | €67,195 | +€20,725 | +44.6% |
| Total equity and liabilities | 10/49 | €1,982,212 | €1,899,639 | -€82,572 | -4.2% |
| Equity | 10/15 | €1,104,752 | €1,149,679 | +€44,927 | +4.1% |
| Contributions | 10/11 | €920,991 | €920,991 | = | 0.0% |
| Contributions outside capital | 11 | €920,991 | €920,991 | = | 0.0% |
| Other | 1109/19 | €920,991 | €920,991 | = | 0.0% |
| Reserves | 13 | €183,761 | €228,688 | +€44,927 | +24.4% |
| Non-distributable reserves | 130/1 | €17,500 | €17,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,500 | €17,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €128,761 | €173,688 | +€44,927 | +34.9% |
| Amounts payable | 17/49 | €877,460 | €749,961 | -€127,500 | -14.5% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Other amounts payable | 178/9 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €760,200 | €642,525 | -€117,676 | -15.5% |
| Trade debts | 44 | €1,605 | €3,818 | +€2,213 | +138% |
| Suppliers | 440/4 | €1,605 | €3,818 | +€2,213 | +138% |
| Taxes, remuneration and social security | 45 | €409 | €251 | -€158 | -38.6% |
| Taxes | 450/3 | €409 | €251 | -€158 | -38.6% |
| Other amounts payable | 47/48 | €758,186 | €638,456 | -€119,731 | -15.8% |
| Accrued charges and deferred income | 492/3 | €57,260 | €47,436 | -€9,824 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €66 | +€66 | |
| Other operating charges | 640/8 | €3,414 | €2,416 | -€998 | -29.2% |
| Gross operating margin | 9900 | €69,119 | €93,547 | +€24,428 | +35.3% |
| Operating profit (loss) | 9901 | €65,705 | €91,065 | +€25,360 | +38.6% |
| Financial income | 75/76B | €2 | €1,775 | +€1,773 | +84,837% |
| Recurring financial income | 75 | €2 | €1,775 | +€1,773 | +84,837% |
| Financial charges | 65/66B | €58,280 | €47,913 | -€10,367 | -17.8% |
| Recurring financial charges | 65 | €58,280 | €47,913 | -€10,367 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €7,427 | €44,927 | +€37,500 | +505% |
| Income taxes | 67/77 | €2,737 | - | -€2,737 | |
| Profit (loss) for the period | 9904 | €4,690 | €44,927 | +€40,237 | +858% |
| Profit (loss) for the period to be appropriated | 9905 | €4,690 | €44,927 | +€40,237 | +858% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.