IDERAD: what changed
Two fiscal 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.
IDERAD
Largest movements
- Cash -€18,253
down €18,253 (-27.4%), from €66,517 to €48,264
mainly Net result for the year (-€30,805) and Tax, wage and social debts (-€5,438)
- Tangible fixed assets -€9,549
down €9,549 (-59.8%), from €15,972 to €6,423
of which Furniture and vehicles: -€8,731
- Stocks and contracts -€6,860
down €6,860 (-70.6%), from €9,710 to €2,850
- Deferred charges and accrued income -€1,175
no longer reported in 2025 (was €1,175)
- Profit (loss) carried forward -€30,805
down €30,805, from €32 to -€30,774
- Tax, wage and social debts -€5,438
down €5,438 (-71.0%), from €7,660 to €2,223
- Other debts +€3,541
up €3,541 (+84.0%), from €4,215 to €7,755
- Trade debts -€3,183
down €3,183 (-87.3%), from €3,644 to €461
- Gross operating margin -€94,954
down €94,954, from €75,711 to -€19,243
- Taxes -€19,892
down €19,892 (-99.2%), from €20,057 to €165
- Other operating charges -€3,178
down €3,178 (-84.7%), from €3,751 to €574
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.
Cash bridge derived
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 | €96,151 | €60,266 | -€35,885 | -37.3% |
| Fixed assets | 21/28 | €16,467 | €6,761 | -€9,706 | -58.9% |
| Intangible fixed assets | 21 | €495 | €337 | -€157 | -31.8% |
| Tangible fixed assets | 22/27 | €15,972 | €6,423 | -€9,549 | -59.8% |
| Plant, machinery and equipment | 23 | €1,068 | €409 | -€658 | -61.7% |
| Furniture and vehicles | 24 | €13,601 | €4,870 | -€8,731 | -64.2% |
| Other tangible fixed assets | 26 | €1,304 | €1,144 | -€160 | -12.3% |
| Current assets | 29/58 | €79,684 | €53,505 | -€26,179 | -32.9% |
| Stocks and contracts in progress | 3 | €9,710 | €2,850 | -€6,860 | -70.6% |
| Stocks | 30/36 | €9,710 | €2,850 | -€6,860 | -70.6% |
| Amounts receivable within one year | 40/41 | €2,282 | €2,391 | +€110 | +4.8% |
| Trade receivables | 40 | €199 | €2,190 | +€1,991 | +998.7% |
| Other amounts receivable | 41 | €2,082 | €201 | -€1,881 | -90.4% |
| Cash at bank and in hand | 54/58 | €66,517 | €48,264 | -€18,253 | -27.4% |
| Deferred charges and accrued income | 490/1 | €1,175 | - | -€1,175 | |
| Total equity and liabilities | 10/49 | €96,151 | €60,266 | -€35,885 | -37.3% |
| Equity | 10/15 | €80,632 | €49,826 | -€30,805 | -38.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €79,600 | €79,600 | = | 0.0% |
| Distributable reserves | 133 | €79,600 | €79,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32 | -€30,774 | -€30,805 | |
| Amounts payable | 17/49 | €15,519 | €10,439 | -€5,080 | -32.7% |
| Amounts payable within one year | 42/48 | €15,519 | €10,439 | -€5,080 | -32.7% |
| Trade debts | 44 | €3,644 | €461 | -€3,183 | -87.3% |
| Suppliers | 440/4 | €3,644 | €461 | -€3,183 | -87.3% |
| Taxes, remuneration and social security | 45 | €7,660 | €2,223 | -€5,438 | -71.0% |
| Taxes | 450/3 | €7,660 | €2,223 | -€5,438 | -71.0% |
| Other amounts payable | 47/48 | €4,215 | €7,755 | +€3,541 | +84.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,386 | €10,662 | +€277 | +2.7% |
| Other operating charges | 640/8 | €3,751 | €574 | -€3,178 | -84.7% |
| Gross operating margin | 9900 | €75,711 | -€19,243 | -€94,954 | |
| Operating profit (loss) | 9901 | €61,574 | -€30,480 | -€92,053 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +755.6% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +755.6% |
| Financial charges | 65/66B | €90 | €162 | +€72 | +79.9% |
| Recurring financial charges | 65 | €90 | €162 | +€72 | +79.9% |
| Profit (loss) for the period before taxes | 9903 | €61,484 | -€30,640 | -€92,124 | |
| Income taxes | 67/77 | €20,057 | €165 | -€19,892 | -99.2% |
| Profit (loss) for the period | 9904 | €41,427 | -€30,805 | -€72,232 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,427 | -€30,805 | -€72,232 |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.