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IDEAL INVEST: 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.

What changed

IDEAL INVEST

BE 0446.589.087
NACE 68.321, Property management for co-owned buildings (syndics)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€440
2024 · €243+€197
Equity
€625,299
2024 · €624,859+€440
Cash
€4,208
2024 · €218,254-€214,045
Balance sheet total
€2.4m
2024 · €2.7m-€272,164

Largest movements

2024 to 2025
Assets
  • Cash -€214,045

    down €214,045 (-98.1%), from €218,254 to €4,208

    mainly Debts after one year (-€185,145) and Short-term financial debts (-€169,817)

  • Tangible fixed assets -€196,328

    down €196,328 (-9.6%), from €2.0m to €1.8m

    of which Land and buildings: -€170,355

  • Receivables within one year +€130,556

    up €130,556 (+29.1%), from €449,346 to €579,902

    of which Other amounts receivable: +€130,556

Equity and liabilities
  • Debts after one year -€185,145

    down €185,145 (-30.7%), from €602,966 to €417,821

  • Short-term financial debts -€169,817

    down €169,817 (-22.5%), from €753,769 to €583,953

  • Provisions +€32,931

    up €32,931 (+19.7%), from €166,850 to €199,781

    of which Provisions for liabilities and charges: +€32,931

Income statement
  • Gross operating margin -€122,408

    down €122,408 (-22.8%), from €536,497 to €414,089

  • Provisions +€32,931

    up €32,931, from €0 to €32,931

  • Staff costs -€27,110

    down €27,110 (-18.8%), from €143,997 to €116,888

  • Financial charges -€21,739

    down €21,739 (-19.9%), from €109,349 to €87,610

  • Other operating charges +€13,039

    up €13,039 (+73.6%), from €17,713 to €30,752

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €243
Gross operating margin -€122,408
Staff costs +€27,110
Depreciation -€2,645
Provisions -€32,931
Other operating charges -€13,039
Financial income -€3,515
Financial charges +€21,739
Taxes -€10,492
Deferred taxes and other +€136,379
Result 2025 €440
raises the resultlowers the resultnot broken down further in the accounts

Derived cash bridge

cash 2024 to 2025

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.

From operations +€87,664
Investment +€57,877
Financing -€359,586
Cash 2024 €218,254
Net result for the year +€440
Depreciation +€138,452
Receivables within one year -€130,556
Deferred charges and accrued income -€7,654
Provisions +€32,931
Trade debts +€21,425
Tax, wage and social debts +€10,860
Advances received +€7,000
Other debts -€10,192
Accrued charges and deferred income +€24,959
Investment in fixed assets (net) +€57,877
Debts after one year -€185,145
Current portion of long-term debt -€4,625
Short-term financial debts -€169,817
Cash 2025 €4,208
brings cash intakes cash out
Every line side by side 59 lines
Line Code 2024 2025 Change %
Total assets 20/58 €2,718,314 €2,446,151 -€272,164 -10.0%
Fixed assets 21/28 €2,035,383 €1,839,055 -€196,328 -9.6%
Tangible fixed assets 22/27 €2,035,383 €1,839,055 -€196,328 -9.6%
Land and buildings 22 €1,900,098 €1,729,742 -€170,355 -9.0%
Plant, machinery and equipment 23 €112,446 €97,756 -€14,690 -13.1%
Furniture and vehicles 24 €1,783 €0 -€1,783 -100%
Leasing and similar rights 25 €21,056 €11,556 -€9,500 -45.1%
Current assets 29/58 €682,932 €607,096 -€75,835 -11.1%
Stocks and contracts in progress 3 €0 - =
Stocks 30/36 €0 - =
Amounts receivable within one year 40/41 €449,346 €579,902 +€130,556 +29.1%
Trade receivables 40 €0 €0 =
Other amounts receivable 41 €449,346 €579,902 +€130,556 +29.1%
Cash at bank and in hand 54/58 €218,254 €4,208 -€214,045 -98.1%
Deferred charges and accrued income 490/1 €15,332 €22,986 +€7,654 +49.9%
Total equity and liabilities 10/49 €2,718,314 €2,446,151 -€272,164 -10.0%
Equity 10/15 €624,859 €625,299 +€440 +0.1%
Contributions 10/11 €214,513 €214,513 = 0.0%
Capital 10 - €214,513 +€214,513
Issued capital 100 - €214,513 +€214,513
Reserves 13 €251,380 €251,380 = 0.0%
Non-distributable reserves 130/1 €30,231 €30,231 = 0.0%
Reserves not available under the articles 1311 €30,231 €30,231 = 0.0%
Tax-exempt reserves 132 €221,148 €221,148 = 0.0%
Profit (loss) carried forward 14 €158,965 €159,406 +€440 +0.3%
Provisions and deferred taxes 16 €166,850 €199,781 +€32,931 +19.7%
Provisions for liabilities and charges 160/5 €93,750 €126,681 +€32,931 +35.1%
Environmental obligations 163 €93,750 €126,681 +€32,931 +35.1%
Deferred taxes 168 €73,100 €73,100 = 0.0%
Amounts payable 17/49 €1,926,605 €1,621,071 -€305,534 -15.9%
Amounts payable after more than one year 17 €602,966 €417,821 -€185,145 -30.7%
Financial debts 170/4 €602,966 €417,821 -€185,145 -30.7%
Amounts payable within one year 42/48 €1,318,769 €1,173,421 -€145,349 -11.0%
Current portion of amounts payable after more than one year 42 €189,743 €185,118 -€4,625 -2.4%
Financial debts 43 €753,769 €583,953 -€169,817 -22.5%
Credit institutions 430/8 €753,769 €583,953 -€169,817 -22.5%
Trade debts 44 €170,193 €191,618 +€21,425 +12.6%
Suppliers 440/4 €170,193 €191,618 +€21,425 +12.6%
Advances received on contracts in progress 46 €18,000 €25,000 +€7,000 +38.9%
Taxes, remuneration and social security 45 €125,115 €135,974 +€10,860 +8.7%
Taxes 450/3 €26,271 €33,407 +€7,135 +27.2%
Remuneration and social security 454/9 €98,843 €102,568 +€3,724 +3.8%
Other amounts payable 47/48 €61,949 €51,758 -€10,192 -16.5%
Accrued charges and deferred income 492/3 €4,870 €29,829 +€24,959 +513%
Remuneration, social security and pensions 62 €143,997 €116,888 -€27,110 -18.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €135,807 €138,452 +€2,645 +1.9%
Provisions for liabilities and charges: additions (uses and reversals) 635/8 €0 €32,931 +€32,931
Other operating charges 640/8 €17,713 €30,752 +€13,039 +73.6%
Gross operating margin 9900 €536,497 €414,089 -€122,408 -22.8%
Operating profit (loss) 9901 €238,979 €95,067 -€143,912 -60.2%
Financial income 75/76B €7,109 €3,594 -€3,515 -49.4%
Recurring financial income 75 €7,109 €3,594 -€3,515 -49.4%
Financial charges 65/66B €109,349 €87,610 -€21,739 -19.9%
Recurring financial charges 65 €109,349 €87,610 -€21,739 -19.9%
Profit (loss) for the period before taxes 9903 €136,739 €11,050 -€125,689 -91.9%
Transfer to deferred taxes 680 €136,379 - -€136,379
Income taxes 67/77 €118 €10,610 +€10,492 +8,889%
Profit (loss) for the period 9904 €243 €440 +€197 +81.3%
Profit (loss) for the period to be appropriated 9905 €243 €440 +€197 +81.3%

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 28 October 2026 via checked.be.