IDEAL CARRELAGES: 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.
IDEAL CARRELAGES
Largest movements
- Tangible fixed assets +€338,688
up €338,688 (+45.8%), from €739,010 to €1.1m
of which Land and buildings: +€319,454
- Cash +€106,436
up €106,436 (+35.4%), from €301,091 to €407,527
mainly Debts after one year (+€283,639) and Net result for the year (+€163,020)
- Stocks and contracts -€36,537
down €36,537 (-7.0%), from €520,074 to €483,537
- Debts after one year +€283,639
up €283,639 (+57.5%), from €493,468 to €777,108
of which Financial debts: +€283,639
- Reserves +€160,000
up €160,000 (+38.2%), from €419,160 to €579,160
of which Distributable reserves: +€160,000
- Trade debts -€46,882
down €46,882 (-24.8%), from €188,863 to €141,982
- Tax, wage and social debts -€23,622
down €23,622 (-27.2%), from €86,941 to €63,319
of which Taxes: -€22,878
- Gross operating margin +€55,489
up €55,489 (+20.7%), from €268,013 to €323,502
- Financial charges +€28,808
up €28,808 (+188%), from €15,316 to €44,124
- Write-downs -€28,019
down €28,019, from €14,009 to -€14,009
- Other operating charges -€19,862
down €19,862 (-53.0%), from €37,476 to €17,614
- Taxes +€11,168
up €11,168 (+21.9%), from €50,972 to €62,140
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 | €1,621,408 | €2,025,604 | +€404,196 | +24.9% |
| Fixed assets | 21/28 | €739,075 | €1,077,763 | +€338,688 | +45.8% |
| Tangible fixed assets | 22/27 | €739,010 | €1,077,698 | +€338,688 | +45.8% |
| Land and buildings | 22 | €714,574 | €1,034,029 | +€319,454 | +44.7% |
| Plant, machinery and equipment | 23 | €6,549 | €6,046 | -€503 | -7.7% |
| Furniture and vehicles | 24 | €17,887 | €13,645 | -€4,242 | -23.7% |
| Leasing and similar rights | 25 | - | €23,979 | +€23,979 | |
| Financial fixed assets | 28 | €65 | €65 | = | 0.0% |
| Current assets | 29/58 | €882,333 | €947,841 | +€65,508 | +7.4% |
| Stocks and contracts in progress | 3 | €520,074 | €483,537 | -€36,537 | -7.0% |
| Stocks | 30/36 | €520,074 | €483,537 | -€36,537 | -7.0% |
| Amounts receivable within one year | 40/41 | €57,546 | €51,688 | -€5,858 | -10.2% |
| Trade receivables | 40 | €42,775 | €41,527 | -€1,248 | -2.9% |
| Other amounts receivable | 41 | €14,771 | €10,161 | -€4,610 | -31.2% |
| Cash at bank and in hand | 54/58 | €301,091 | €407,527 | +€106,436 | +35.4% |
| Deferred charges and accrued income | 490/1 | €3,621 | €5,089 | +€1,467 | +40.5% |
| Total equity and liabilities | 10/49 | €1,621,408 | €2,025,604 | +€404,196 | +24.9% |
| Equity | 10/15 | €810,976 | €973,996 | +€163,020 | +20.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €419,160 | €579,160 | +€160,000 | +38.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,300 | €37,300 | = | 0.0% |
| Distributable reserves | 133 | €380,000 | €540,000 | +€160,000 | +42.1% |
| Profit (loss) carried forward | 14 | €373,216 | €376,236 | +€3,020 | +0.8% |
| Amounts payable | 17/49 | €810,431 | €1,051,608 | +€241,177 | +29.8% |
| Amounts payable after more than one year | 17 | €493,468 | €777,108 | +€283,639 | +57.5% |
| Financial debts | 170/4 | €293,468 | €577,108 | +€283,639 | +96.7% |
| Other amounts payable | 178/9 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €316,963 | €274,500 | -€42,463 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €38,069 | €57,459 | +€19,390 | +50.9% |
| Financial debts | 43 | €563 | €2,550 | +€1,987 | +353% |
| Credit institutions | 430/8 | €563 | €2,550 | +€1,987 | +353% |
| Trade debts | 44 | €188,863 | €141,982 | -€46,882 | -24.8% |
| Suppliers | 440/4 | €188,863 | €141,982 | -€46,882 | -24.8% |
| Taxes, remuneration and social security | 45 | €86,941 | €63,319 | -€23,622 | -27.2% |
| Taxes | 450/3 | €84,386 | €61,508 | -€22,878 | -27.1% |
| Remuneration and social security | 454/9 | €2,555 | €1,811 | -€744 | -29.1% |
| Other amounts payable | 47/48 | €2,527 | €9,190 | +€6,664 | +264% |
| Remuneration, social security and pensions | 62 | €13,251 | €16,412 | +€3,161 | +23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,097 | €34,686 | +€10,589 | +43.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,009 | -€14,009 | -€28,019 | |
| Other operating charges | 640/8 | €37,476 | €17,614 | -€19,862 | -53.0% |
| Gross operating margin | 9900 | €268,013 | €323,502 | +€55,489 | +20.7% |
| Operating profit (loss) | 9901 | €179,179 | €268,799 | +€89,620 | +50.0% |
| Financial income | 75/76B | €455 | €485 | +€30 | +6.5% |
| Recurring financial income | 75 | €455 | €485 | +€30 | +6.5% |
| Financial charges | 65/66B | €15,316 | €44,124 | +€28,808 | +188% |
| Recurring financial charges | 65 | €15,316 | €44,124 | +€28,808 | +188% |
| Profit (loss) for the period before taxes | 9903 | €164,318 | €225,160 | +€60,841 | +37.0% |
| Income taxes | 67/77 | €50,972 | €62,140 | +€11,168 | +21.9% |
| Profit (loss) for the period | 9904 | €113,346 | €163,020 | +€49,674 | +43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €113,346 | €163,020 | +€49,674 | +43.8% |
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 31 October 2026 via checked.be.