IDEAL HOMES: 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 HOMES
Largest movements
- Tangible fixed assets +€499,717
up €499,717 (+1,368%), from €36,525 to €536,242
of which Land and buildings: +€499,717
- Cash -€21,116
down €21,116 (-44.7%), from €47,224 to €26,108
mainly Investment in fixed assets (net) (-€510,250) and Receivables within one year (-€16,004)
- Receivables within one year +€16,004
up €16,004 (+33.5%), from €47,708 to €63,712
of which Other amounts receivable: +€13,062
- Debts after one year +€372,821
up €372,821 (+659%), from €56,537 to €429,359
- Profit (loss) carried forward +€39,313
up €39,313 (+20.1%), from €195,248 to €234,561
- Trade debts +€32,122
up €32,122 (+82.1%), from €39,106 to €71,228
- Tax, wage and social debts +€27,542
up €27,542 (+768%), from €3,587 to €31,129
of which Remuneration and social security: +€30,000
- Current portion of long-term debt +€27,161
new in 2025: €27,161
- Turnover +€1.7m
new in 2025: €1.7m
- Purchases and services +€1.6m
new in 2025: €1.6m
- Other operating charges -€150,480
down €150,480 (-86.9%), from €173,229 to €22,749
- Gross operating margin -€120,656
down €120,656 (-49.1%), from €245,607 to €124,951
- Staff costs +€30,400
new in 2025: €30,400
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 | €371,819 | €870,424 | +€498,605 | +134% |
| Fixed assets | 21/28 | €40,525 | €544,242 | +€503,717 | +1,243% |
| Tangible fixed assets | 22/27 | €36,525 | €536,242 | +€499,717 | +1,368% |
| Land and buildings | 22 | - | €499,717 | +€499,717 | |
| Plant, machinery and equipment | 23 | €1,283 | €1,283 | = | 0.0% |
| Furniture and vehicles | 24 | €35,242 | €35,242 | = | 0.0% |
| Financial fixed assets | 28 | €4,000 | €8,000 | +€4,000 | +100% |
| Current assets | 29/58 | €331,294 | €326,182 | -€5,112 | -1.5% |
| Stocks and contracts in progress | 3 | €236,362 | €236,362 | = | 0.0% |
| Stocks | 30/36 | €236,362 | €236,362 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €47,708 | €63,712 | +€16,004 | +33.5% |
| Trade receivables | 40 | €47,708 | €50,650 | +€2,942 | +6.2% |
| Other amounts receivable | 41 | - | €13,062 | +€13,062 | |
| Cash at bank and in hand | 54/58 | €47,224 | €26,108 | -€21,116 | -44.7% |
| Total equity and liabilities | 10/49 | €371,819 | €870,424 | +€498,605 | +134% |
| Equity | 10/15 | €260,505 | €299,818 | +€39,313 | +15.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,257 | €3,257 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,257 | €3,257 | = | 0.0% |
| Legal reserve | 130 | €3,257 | €3,257 | = | 0.0% |
| Profit (loss) carried forward | 14 | €195,248 | €234,561 | +€39,313 | +20.1% |
| Amounts payable | 17/49 | €111,314 | €570,607 | +€459,292 | +413% |
| Amounts payable after more than one year | 17 | €56,537 | €429,359 | +€372,821 | +659% |
| Financial debts | 170/4 | €56,537 | €429,359 | +€372,821 | +659% |
| Amounts payable within one year | 42/48 | €54,777 | €141,248 | +€86,471 | +158% |
| Current portion of amounts payable after more than one year | 42 | - | €27,161 | +€27,161 | |
| Trade debts | 44 | €39,106 | €71,228 | +€32,122 | +82.1% |
| Suppliers | 440/4 | €39,106 | €71,228 | +€32,122 | +82.1% |
| Taxes, remuneration and social security | 45 | €3,587 | €31,129 | +€27,542 | +768% |
| Taxes | 450/3 | €3,587 | €1,129 | -€2,458 | -68.5% |
| Remuneration and social security | 454/9 | - | €30,000 | +€30,000 | |
| Other amounts payable | 47/48 | €12,085 | €11,730 | -€355 | -2.9% |
| Turnover | 70 | - | €1,744,688 | +€1.7m | |
| Non-recurring operating income | 76A | - | €22,802 | +€22,802 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,642,539 | +€1.6m | |
| Remuneration, social security and pensions | 62 | - | €30,400 | +€30,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,170 | €6,533 | +€3,363 | +106% |
| Other operating charges | 640/8 | €173,229 | €22,749 | -€150,480 | -86.9% |
| Gross operating margin | 9900 | €245,607 | €124,951 | -€120,656 | -49.1% |
| Operating profit (loss) | 9901 | €69,208 | €65,270 | -€3,938 | -5.7% |
| Financial charges | 65/66B | €15,280 | €25,957 | +€10,677 | +69.9% |
| Recurring financial charges | 65 | €15,280 | €25,957 | +€10,677 | +69.9% |
| Profit (loss) for the period before taxes | 9903 | €53,927 | €39,313 | -€14,614 | -27.1% |
| Profit (loss) for the period | 9904 | €53,927 | €39,313 | -€14,614 | -27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €53,927 | €39,313 | -€14,614 | -27.1% |
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 26 October 2026 via checked.be.