IDELUX Eau: 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
IDELUX Eau
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.7m
2024 · €571,426+€1.2m
Equity
€50.6m
2024 · €46.6m+€3.9m
Cash
€2.6m
2024 · €3.4m-€747,299
Balance sheet total
€115.5m
2024 · €111.2m+€4.3m
Largest movements
Assets
- Receivables within one year +€4.3m
up €4.3m (+22.2%), from €19.5m to €23.9m
of which Other amounts receivable: +€2.9m
- Tangible fixed assets -€2.8m
down €2.8m (-4.7%), from €58.2m to €55.5m
of which Leasing and similar rights: -€2.8m
- Financial fixed assets +€2.2m
up €2.2m (+8.5%), from €25.9m to €28.1m
of which Other financial fixed assets: +€2.2m
- Current investments +€1.4m
up €1.4m (+45.0%), from €3.0m to €4.4m
Equity and liabilities
- Debts after one year -€2.9m
down €2.9m (-5.4%), from €53.7m to €50.8m
- Contributions +€2.2m
up €2.2m (+7.9%), from €28.1m to €30.3m
- Accrued charges and deferred income +€1.6m
up €1.6m (+87.7%), from €1.9m to €3.5m
- Profit (loss) carried forward +€1.6m
up €1.6m (+22.3%), from €7.0m to €8.6m
Income statement
- Services and other goods +€1.5m
up €1.5m (+18.0%), from €8.5m to €10.1m
- Turnover +€1.2m
up €1.2m (+4.7%), from €25.1m to €26.3m
- Goods and materials -€600,385
down €600,385 (-35.0%), from €1.7m to €1.1m
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
€571,426
Turnover
+€1.2m
Other operating income
+€80,235
Goods and materials
+€600,385
Services and other goods
-€1.5m
Staff costs
-€27,842
Depreciation
-€184,118
Other operating charges
-€11,187
Other operating items
+€851,475
Financial income
+€75,635
Financial charges
+€128,173
Taxes
-€15,496
Result 2025
€1.7m
raises the resultlowers the resultnot broken down further in the accounts
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
+€3.7m
Investment
-€3.9m
Financing
-€555,587
Cash 2024
€3.4m
From operations (derived)
+€3.7m
Net result for the year
+€1.7m
Depreciation
+€3.1m
Stocks and contracts
+€105,469
Receivables within one year
-€4.3m
Deferred charges and accrued income
+€20,881
Trade debts
+€1.1m
Tax, wage and social debts
-€190,520
Advances received
+€124,432
Other debts
+€427,358
Accrued charges and deferred income
+€1.6m
Investment (derived)
-€3.9m
Investment in fixed assets (net)
-€2.6m
Current investments
-€1.4m
Financing
-€555,587
Debts after one year
-€2.9m
Current portion of long-term debt
+€152,994
Contributions, distributions and other
+€2.2m
Cash 2025
€2.6m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,238,263 | €115,512,258 | +€4.3m | +3.8% |
| Fixed assets | 21/28 | €84,157,185 | €83,612,127 | -€545,059 | -0.6% |
| Tangible fixed assets | 22/27 | €58,233,163 | €55,477,862 | -€2.8m | -4.7% |
| Land and buildings | 22 | €1,448,575 | €1,448,575 | = | 0.0% |
| Plant, machinery and equipment | 23 | €13,893 | €12,270 | -€1,623 | -11.7% |
| Furniture and vehicles | 24 | €2,880 | €14,915 | +€12,035 | +418% |
| Leasing and similar rights | 25 | €56,767,816 | €54,002,103 | -€2.8m | -4.9% |
| Financial fixed assets | 28 | €25,924,022 | €28,134,265 | +€2.2m | +8.5% |
| Affiliated companies | 280/1 | €50 | €50 | = | 0.0% |
| Participating interests | 280 | €50 | €50 | = | 0.0% |
| Other financial fixed assets | 284/8 | €25,923,972 | €28,134,215 | +€2.2m | +8.5% |
| Shares | 284 | €25,919,897 | €28,130,140 | +€2.2m | +8.5% |
| Amounts receivable and cash guarantees | 285/8 | €4,075 | €4,075 | = | 0.0% |
| Current assets | 29/58 | €27,081,077 | €31,900,131 | +€4.8m | +17.8% |
| Stocks and contracts in progress | 3 | €1,049,353 | €943,884 | -€105,469 | -10.1% |
| Contracts in progress | 37 | €1,049,353 | €943,884 | -€105,469 | -10.1% |
| Amounts receivable within one year | 40/41 | €19,536,918 | €23,879,620 | +€4.3m | +22.2% |
| Trade receivables | 40 | €4,785,259 | €6,263,608 | +€1.5m | +30.9% |
| Other amounts receivable | 41 | €14,751,659 | €17,616,012 | +€2.9m | +19.4% |
| Current investments | 50/53 | €3,000,009 | €4,350,009 | +€1.4m | +45.0% |
| Other investments | 51/53 | €3,000,009 | €4,350,009 | +€1.4m | +45.0% |
| Cash at bank and in hand | 54/58 | €3,381,881 | €2,634,582 | -€747,299 | -22.1% |
| Deferred charges and accrued income | 490/1 | €112,917 | €92,036 | -€20,881 | -18.5% |
| Total equity and liabilities | 10/49 | €111,238,263 | €115,512,258 | +€4.3m | +3.8% |
| Equity | 10/15 | €46,628,011 | €50,559,932 | +€3.9m | +8.4% |
| Contributions | 10/11 | €28,057,800 | €30,268,225 | +€2.2m | +7.9% |
| Reserves | 13 | €10,090,844 | €10,247,444 | +€156,600 | +1.6% |
| Non-distributable reserves | 130/1 | €322,843 | €322,843 | = | 0.0% |
| Reserves not available under the articles | 1311 | €322,843 | €322,843 | = | 0.0% |
| Distributable reserves | 133 | €9,768,001 | €9,924,601 | +€156,600 | +1.6% |
| Profit (loss) carried forward | 14 | €7,030,792 | €8,595,688 | +€1.6m | +22.3% |
| Investment grants | 15 | €1,448,575 | €1,448,575 | = | 0.0% |
| Amounts payable | 17/49 | €64,610,252 | €64,952,326 | +€342,074 | +0.5% |
| Amounts payable after more than one year | 17 | €53,743,902 | €50,824,896 | -€2.9m | -5.4% |
| Financial debts | 170/4 | €53,743,902 | €50,824,896 | -€2.9m | -5.4% |
| Leasing and similar obligations | 172 | €53,743,902 | €50,824,896 | -€2.9m | -5.4% |
| Amounts payable within one year | 42/48 | €9,013,865 | €10,650,693 | +€1.6m | +18.2% |
| Current portion of amounts payable after more than one year | 42 | €3,056,764 | €3,209,758 | +€152,994 | +5.0% |
| Trade debts | 44 | €2,986,437 | €4,109,002 | +€1.1m | +37.6% |
| Suppliers | 440/4 | €2,986,437 | €4,109,002 | +€1.1m | +37.6% |
| Advances received on contracts in progress | 46 | €916,474 | €1,040,905 | +€124,432 | +13.6% |
| Taxes, remuneration and social security | 45 | €2,054,065 | €1,863,545 | -€190,520 | -9.3% |
| Taxes | 450/3 | €479,179 | €272,566 | -€206,612 | -43.1% |
| Remuneration and social security | 454/9 | €1,574,886 | €1,590,978 | +€16,092 | +1.0% |
| Other amounts payable | 47/48 | €125 | €427,483 | +€427,358 | +341,887% |
| Accrued charges and deferred income | 492/3 | €1,852,485 | €3,476,737 | +€1.6m | +87.7% |
| Operating income | 70/76A | €25,708,335 | €27,819,095 | +€2.1m | +8.2% |
| Turnover | 70 | €25,131,409 | €26,319,619 | +€1.2m | +4.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€1,031,375 | -€229,900 | +€801,475 | +77.7% |
| Other operating income | 74 | €1,347,683 | €1,427,918 | +€80,235 | +6.0% |
| Non-recurring operating income | 76A | €260,619 | €301,459 | +€40,841 | +15.7% |
| Operating charges | 60/66A | €22,462,473 | €23,611,476 | +€1.1m | +5.1% |
| Goods for resale, raw materials and consumables | 60 | €1,717,645 | €1,117,260 | -€600,385 | -35.0% |
| Purchases | 600/8 | €1,717,645 | €1,117,260 | -€600,385 | -35.0% |
| Services and other goods | 61 | €8,515,317 | €10,050,719 | +€1.5m | +18.0% |
| Remuneration, social security and pensions | 62 | €9,279,678 | €9,307,520 | +€27,842 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,919,507 | €3,103,625 | +€184,118 | +6.3% |
| Other operating charges | 640/8 | €21,165 | €32,352 | +€11,187 | +52.9% |
| Non-recurring operating charges | 66A | €9,159 | - | -€9,159 | |
| Operating profit (loss) | 9901 | €3,245,862 | €4,207,619 | +€961,757 | +29.6% |
| Financial income | 75/76B | €346,569 | €422,205 | +€75,635 | +21.8% |
| Recurring financial income | 75 | €346,569 | €422,205 | +€75,635 | +21.8% |
| Income from current assets | 751 | €346,549 | €422,203 | +€75,653 | +21.8% |
| Other financial income | 752/9 | €20 | €2 | -€18 | -89.3% |
| Financial charges | 65/66B | €2,993,587 | €2,865,414 | -€128,173 | -4.3% |
| Recurring financial charges | 65 | €2,993,587 | €2,865,414 | -€128,173 | -4.3% |
| Debt charges | 650 | €2,991,313 | €2,864,453 | -€126,861 | -4.2% |
| Other financial charges | 652/9 | €2,274 | €962 | -€1,312 | -57.7% |
| Profit (loss) for the period before taxes | 9903 | €598,844 | €1,764,409 | +€1.2m | +195% |
| Income taxes | 67/77 | €27,418 | €42,914 | +€15,496 | +56.5% |
| Taxes | 670/3 | €27,418 | €42,914 | +€15,496 | +56.5% |
| Profit (loss) for the period | 9904 | €571,426 | €1,721,496 | +€1.2m | +201% |
| Profit (loss) for the period to be appropriated | 9905 | €571,426 | €1,721,496 | +€1.2m | +201% |
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 20 October 2026 via checked.be.