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.
IDEAL INVEST
Largest movements
- 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
- 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
- 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
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 | €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.