IDEE FACTO: 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
IDEE FACTO
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€92,996
2024 · €81,847+€11,148
Equity
€381,763
2024 · €361,169+€20,594
Cash
€174,817
2024 · €174,885-€68
Balance sheet total
€436,438
2024 · €410,929+€25,508
Largest movements
Assets
- Current investments +€31,210
up €31,210 (+19.9%), from €156,539 to €187,749
- Tangible fixed assets -€12,859
down €12,859 (-25.2%), from €51,099 to €38,240
Equity and liabilities
- Reserves +€20,594
up €20,594 (+5.9%), from €348,769 to €369,363
- Debts after one year -€4,627
down €4,627 (-31.8%), from €14,548 to €9,922
Income statement
- Gross operating margin +€16,543
up €16,543 (+12.8%), from €129,046 to €145,589
- Taxes +€6,655
up €6,655 (+21.1%), from €31,505 to €38,160
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.
Result 2024
€81,847
Gross operating margin
+€16,543
Depreciation
-€5
Other operating charges
+€333
Financial income
+€1,281
Financial charges
-€349
Taxes
-€6,655
Result 2025
€92,996
raises the resultlowers the result
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.
From operations
+€106,350
Investment
-€31,210
Financing
-€75,208
Cash 2024
€174,885
From operations (derived)
+€106,350
Net result for the year
+€92,996
Depreciation
+€12,859
Receivables within one year
-€4,057
Deferred charges and accrued income
-€3,169
Trade debts
+€3,926
Tax, wage and social debts
-€566
Other debts
+€2,527
Accrued charges and deferred income
+€1,833
Investment (derived)
-€31,210
Current investments
-€31,210
Financing
-€75,208
Debts after one year
-€4,627
Current portion of long-term debt
+€210
Short-term financial debts
+€1,610
Contributions, distributions and other
-€72,401
Cash 2025
€174,817
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €410,929 | €436,438 | +€25,508 | +6.2% |
| Fixed assets | 21/28 | €51,099 | €38,240 | -€12,859 | -25.2% |
| Tangible fixed assets | 22/27 | €51,099 | €38,240 | -€12,859 | -25.2% |
| Furniture and vehicles | 24 | €51,099 | €38,240 | -€12,859 | -25.2% |
| Current assets | 29/58 | €359,830 | €398,198 | +€38,367 | +10.7% |
| Amounts receivable after more than one year | 29 | €22,500 | €22,500 | = | 0.0% |
| Other amounts receivable | 291 | €22,500 | €22,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,583 | €9,640 | +€4,057 | +72.7% |
| Trade receivables | 40 | - | €744 | +€744 | |
| Other amounts receivable | 41 | €5,583 | €8,896 | +€3,313 | +59.3% |
| Current investments | 50/53 | €156,539 | €187,749 | +€31,210 | +19.9% |
| Cash at bank and in hand | 54/58 | €174,885 | €174,817 | -€68 | 0.0% |
| Deferred charges and accrued income | 490/1 | €323 | €3,492 | +€3,169 | +980% |
| Total equity and liabilities | 10/49 | €410,929 | €436,438 | +€25,508 | +6.2% |
| Equity | 10/15 | €361,169 | €381,763 | +€20,594 | +5.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €348,769 | €369,363 | +€20,594 | +5.9% |
| Distributable reserves | 133 | €348,769 | €369,363 | +€20,594 | +5.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €49,761 | €54,675 | +€4,914 | +9.9% |
| Amounts payable after more than one year | 17 | €14,548 | €9,922 | -€4,627 | -31.8% |
| Financial debts | 170/4 | €14,548 | €9,922 | -€4,627 | -31.8% |
| Amounts payable within one year | 42/48 | €35,212 | €42,920 | +€7,707 | +21.9% |
| Current portion of amounts payable after more than one year | 42 | €4,417 | €4,627 | +€210 | +4.7% |
| Financial debts | 43 | €10,232 | €11,843 | +€1,610 | +15.7% |
| Credit institutions | 430/8 | €10,232 | €11,843 | +€1,610 | +15.7% |
| Trade debts | 44 | €2,886 | €6,813 | +€3,926 | +136% |
| Suppliers | 440/4 | €2,886 | €6,813 | +€3,926 | +136% |
| Taxes, remuneration and social security | 45 | €4,378 | €3,812 | -€566 | -12.9% |
| Taxes | 450/3 | €1,788 | €1,222 | -€566 | -31.6% |
| Remuneration and social security | 454/9 | €2,590 | €2,590 | = | 0.0% |
| Other amounts payable | 47/48 | €13,298 | €15,825 | +€2,527 | +19.0% |
| Accrued charges and deferred income | 492/3 | - | €1,833 | +€1,833 | |
| Non-recurring operating income | 76A | €2,715 | €0 | -€2,715 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,854 | €12,859 | +€5 | 0.0% |
| Other operating charges | 640/8 | €1,156 | €824 | -€333 | -28.8% |
| Gross operating margin | 9900 | €129,046 | €145,589 | +€16,543 | +12.8% |
| Operating profit (loss) | 9901 | €115,035 | €131,906 | +€16,871 | +14.7% |
| Financial income | 75/76B | €294 | €1,575 | +€1,281 | +436% |
| Recurring financial income | 75 | €294 | €1,575 | +€1,281 | +436% |
| Financial charges | 65/66B | €1,977 | €2,325 | +€349 | +17.6% |
| Recurring financial charges | 65 | €1,977 | €2,325 | +€349 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €113,352 | €131,155 | +€17,803 | +15.7% |
| Income taxes | 67/77 | €31,505 | €38,160 | +€6,655 | +21.1% |
| Profit (loss) for the period | 9904 | €81,847 | €92,996 | +€11,148 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €81,847 | €92,996 | +€11,148 | +13.6% |
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 30 October 2026 via checked.be.