IDEA CREATION: 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.
IDEA CREATION
Largest movements
- Receivables within one year -€159,189
down €159,189 (-25.7%), from €618,379 to €459,190
of which Other amounts receivable: -€161,751
- Cash +€117,500
up €117,500 (+74.1%), from €158,617 to €276,118
mainly Receivables within one year (+€159,189) and Net result for the year (+€154,219)
- Receivables after one year +€40,893
up €40,893 (+27.9%), from €146,444 to €187,337
- Tangible fixed assets +€34,094
up €34,094 (+223.4%), from €15,259 to €49,353
of which Furniture and vehicles: +€27,358
- Deferred charges and accrued income +€16,086
up €16,086 (+31.8%), from €50,625 to €66,712
- Reserves +€161,100
up €161,100 (+21.3%), from €756,229 to €917,329
of which Distributable reserves: +€161,100
- Short-term financial debts -€65,000
down €65,000 (-100.0%), from €65,000 to €0
- Current portion of long-term debt -€15,260
down €15,260 (-74.8%), from €20,394 to €5,135
- Tax, wage and social debts -€14,335
down €14,335 (-41.1%), from €34,877 to €20,542
of which Taxes: -€14,335
- Gross operating margin -€17,465
down €17,465 (-8.5%), from €205,666 to €188,201
- Taxes -€5,420
down €5,420 (-6.6%), from €81,525 to €76,105
- Financial income +€5,289
up €5,289 (+11.9%), from €44,539 to €49,828
- Depreciation -€2,593
down €2,593 (-47.5%), from €5,458 to €2,865
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 | €989,475 | €1,038,860 | +€49,384 | +5.0% |
| Fixed assets | 21/28 | €15,409 | €49,503 | +€34,094 | +221.3% |
| Tangible fixed assets | 22/27 | €15,259 | €49,353 | +€34,094 | +223.4% |
| Land and buildings | 22 | €45 | €0 | -€45 | -100.0% |
| Furniture and vehicles | 24 | €10,979 | €38,337 | +€27,358 | +249.2% |
| Other tangible fixed assets | 26 | €4,235 | €11,016 | +€6,781 | +160.1% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €974,066 | €989,357 | +€15,291 | +1.6% |
| Amounts receivable after more than one year | 29 | €146,444 | €187,337 | +€40,893 | +27.9% |
| Other amounts receivable | 291 | €146,444 | €187,337 | +€40,893 | +27.9% |
| Amounts receivable within one year | 40/41 | €618,379 | €459,190 | -€159,189 | -25.7% |
| Trade receivables | 40 | €26,247 | €28,809 | +€2,562 | +9.8% |
| Other amounts receivable | 41 | €592,132 | €430,381 | -€161,751 | -27.3% |
| Cash at bank and in hand | 54/58 | €158,617 | €276,118 | +€117,500 | +74.1% |
| Deferred charges and accrued income | 490/1 | €50,625 | €66,712 | +€16,086 | +31.8% |
| Total equity and liabilities | 10/49 | €989,475 | €1,038,860 | +€49,384 | +5.0% |
| Equity | 10/15 | €809,160 | €963,379 | +€154,219 | +19.1% |
| Contributions | 10/11 | €46,050 | €46,050 | = | 0.0% |
| Reserves | 13 | €756,229 | €917,329 | +€161,100 | +21.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €40 | €40 | = | 0.0% |
| Distributable reserves | 133 | €756,189 | €917,289 | +€161,100 | +21.3% |
| Profit (loss) carried forward | 14 | €6,881 | €0 | -€6,881 | -100.0% |
| Provisions and deferred taxes | 16 | €44,737 | €44,737 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €44,737 | €44,737 | = | 0.0% |
| Pensions and similar obligations | 160 | €44,737 | €44,737 | = | 0.0% |
| Amounts payable | 17/49 | €135,578 | €30,743 | -€104,835 | -77.3% |
| Amounts payable after more than one year | 17 | €5,135 | €0 | -€5,135 | -100.0% |
| Financial debts | 170/4 | €5,135 | €0 | -€5,135 | -100.0% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €129,395 | €29,695 | -€99,700 | -77.1% |
| Current portion of amounts payable after more than one year | 42 | €20,394 | €5,135 | -€15,260 | -74.8% |
| Financial debts | 43 | €65,000 | €0 | -€65,000 | -100.0% |
| Credit institutions | 430/8 | €65,000 | €0 | -€65,000 | -100.0% |
| Trade debts | 44 | €9,124 | €4,018 | -€5,106 | -56.0% |
| Suppliers | 440/4 | €9,124 | €4,018 | -€5,106 | -56.0% |
| Taxes, remuneration and social security | 45 | €34,877 | €20,542 | -€14,335 | -41.1% |
| Taxes | 450/3 | €34,877 | €20,542 | -€14,335 | -41.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,048 | €1,048 | = | 0.0% |
| Non-recurring operating income | 76A | - | €1,669 | +€1,669 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,458 | €2,865 | -€2,593 | -47.5% |
| Other operating charges | 640/8 | €644 | €509 | -€135 | -21.0% |
| Gross operating margin | 9900 | €205,666 | €188,201 | -€17,465 | -8.5% |
| Operating profit (loss) | 9901 | €199,565 | €184,828 | -€14,737 | -7.4% |
| Financial income | 75/76B | €44,539 | €49,828 | +€5,289 | +11.9% |
| Recurring financial income | 75 | €44,539 | €49,828 | +€5,289 | +11.9% |
| Financial charges | 65/66B | €3,092 | €4,332 | +€1,240 | +40.1% |
| Recurring financial charges | 65 | €3,092 | €4,332 | +€1,240 | +40.1% |
| Profit (loss) for the period before taxes | 9903 | €241,012 | €230,324 | -€10,688 | -4.4% |
| Income taxes | 67/77 | €81,525 | €76,105 | -€5,420 | -6.6% |
| Profit (loss) for the period | 9904 | €159,487 | €154,219 | -€5,268 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €159,487 | €154,219 | -€5,268 | -3.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.