Idealis Vastgoed: 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.
Idealis Vastgoed
Largest movements
- Cash +€417,774
up €417,774 (+431%), from €97,016 to €514,790
mainly Net result for the year (+€324,617) and Debts after one year (+€322,100)
- Tangible fixed assets +€266,671
up €266,671 (+33.9%), from €786,868 to €1.1m
of which Land and buildings: +€269,376
- Receivables after one year -€192,397
down €192,397 (-67.5%), from €285,112 to €92,715
- Receivables within one year +€66,054
up €66,054 (+50.4%), from €131,141 to €197,195
of which Trade receivables: +€74,955
- Debts after one year +€322,100
up €322,100 (+56.8%), from €567,183 to €889,284
of which Other amounts payable: +€176,250
- Reserves +€99,617
up €99,617 (+16.6%), from €601,302 to €700,920
- Short-term financial debts +€80,004
up €80,004 (+425%), from €18,836 to €98,840
- Tax, wage and social debts +€36,895
up €36,895 (+112%), from €32,886 to €69,781
of which Taxes: +€36,895
- Gross operating margin +€271,350
up €271,350 (+107%), from €254,173 to €525,523
- Taxes +€64,579
up €64,579 (+164%), from €39,305 to €103,885
- Depreciation +€31,624
up €31,624 (+72.0%), from €43,919 to €75,543
- Staff costs -€25,143
down €25,143 (-100%), from €25,143 to €0
- Financial income -€5,377
down €5,377 (-37.8%), from €14,207 to €8,831
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 | €1,303,478 | €1,862,337 | +€558,859 | +42.9% |
| Fixed assets | 21/28 | €786,868 | €1,053,538 | +€266,671 | +33.9% |
| Tangible fixed assets | 22/27 | €786,868 | €1,053,538 | +€266,671 | +33.9% |
| Land and buildings | 22 | €772,000 | €1,041,375 | +€269,376 | +34.9% |
| Plant, machinery and equipment | 23 | €1,543 | €918 | -€625 | -40.5% |
| Furniture and vehicles | 24 | €13,325 | €11,245 | -€2,080 | -15.6% |
| Current assets | 29/58 | €516,611 | €808,799 | +€292,188 | +56.6% |
| Amounts receivable after more than one year | 29 | €285,112 | €92,715 | -€192,397 | -67.5% |
| Other amounts receivable | 291 | €285,112 | €92,715 | -€192,397 | -67.5% |
| Amounts receivable within one year | 40/41 | €131,141 | €197,195 | +€66,054 | +50.4% |
| Trade receivables | 40 | €111,071 | €186,026 | +€74,955 | +67.5% |
| Other amounts receivable | 41 | €20,070 | €11,169 | -€8,901 | -44.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €97,016 | €514,790 | +€417,774 | +431% |
| Deferred charges and accrued income | 490/1 | €3,341 | €4,099 | +€758 | +22.7% |
| Total equity and liabilities | 10/49 | €1,303,478 | €1,862,337 | +€558,859 | +42.9% |
| Equity | 10/15 | €619,902 | €719,520 | +€99,617 | +16.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €601,302 | €700,920 | +€99,617 | +16.6% |
| Distributable reserves | 133 | €601,302 | €700,920 | +€99,617 | +16.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €683,576 | €1,142,817 | +€459,242 | +67.2% |
| Amounts payable after more than one year | 17 | €567,183 | €889,284 | +€322,100 | +56.8% |
| Financial debts | 170/4 | €533,457 | €679,307 | +€145,851 | +27.3% |
| Other amounts payable | 178/9 | €33,727 | €209,976 | +€176,250 | +523% |
| Amounts payable within one year | 42/48 | €116,392 | €253,080 | +€136,687 | +117% |
| Current portion of amounts payable after more than one year | 42 | €49,848 | €61,536 | +€11,688 | +23.4% |
| Financial debts | 43 | €18,836 | €98,840 | +€80,004 | +425% |
| Credit institutions | 430/8 | €18,836 | €98,840 | +€80,004 | +425% |
| Trade debts | 44 | €9,822 | €22,923 | +€13,101 | +133% |
| Suppliers | 440/4 | €9,822 | €22,923 | +€13,101 | +133% |
| Taxes, remuneration and social security | 45 | €32,886 | €69,781 | +€36,895 | +112% |
| Taxes | 450/3 | €32,886 | €69,781 | +€36,895 | +112% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €5,000 | €0 | -€5,000 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | €454 | +€454 | |
| Non-recurring operating income | 76A | €5,068 | €0 | -€5,068 | -100% |
| Remuneration, social security and pensions | 62 | €25,143 | €0 | -€25,143 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,919 | €75,543 | +€31,624 | +72.0% |
| Other operating charges | 640/8 | €4,091 | €4,680 | +€589 | +14.4% |
| Non-recurring operating charges | 66A | €27 | €0 | -€27 | -100% |
| Gross operating margin | 9900 | €254,173 | €525,523 | +€271,350 | +107% |
| Operating profit (loss) | 9901 | €180,993 | €445,300 | +€264,306 | +146% |
| Financial income | 75/76B | €14,207 | €8,831 | -€5,377 | -37.8% |
| Recurring financial income | 75 | €14,207 | €8,831 | -€5,377 | -37.8% |
| Financial charges | 65/66B | €26,316 | €25,628 | -€688 | -2.6% |
| Recurring financial charges | 65 | €26,316 | €25,628 | -€688 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €168,884 | €428,502 | +€259,618 | +154% |
| Income taxes | 67/77 | €39,305 | €103,885 | +€64,579 | +164% |
| Profit (loss) for the period | 9904 | €129,579 | €324,617 | +€195,038 | +151% |
| Profit (loss) for the period to be appropriated | 9905 | €129,579 | €324,617 | +€195,038 | +151% |
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 27 October 2026 via checked.be.