IDEVA: 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.
IDEVA
Largest movements
- Cash +€70,600
up €70,600 (+169.8%), from €41,574 to €112,174
mainly Depreciation (+€69,865) and Net result for the year (+€45,132)
- Tangible fixed assets -€58,712
down €58,712 (-5.0%), from €1.2m to €1.1m
of which Land and buildings: -€49,602
- Reserves +€40,000
up €40,000 (+11.8%), from €337,841 to €377,841
of which Distributable reserves: +€40,000
- Current portion of long-term debt -€30,462
down €30,462 (-74.8%), from €40,702 to €10,239
- Other debts +€22,978
up €22,978 (+4.8%), from €480,974 to €503,953
- Gross operating margin -€64,731
down €64,731 (-26.7%), from €242,200 to €177,469
- Taxes -€21,194
down €21,194 (-49.8%), from €42,571 to €21,378
- Provisions +€9,000
no longer reported in 2025 (was -€9,000)
- Other operating charges -€8,679
down €8,679 (-45.4%), from €19,129 to €10,450
- Depreciation +€7,786
up €7,786 (+12.5%), from €62,079 to €69,865
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 | €1,255,591 | €1,264,845 | +€9,254 | +0.7% |
| Fixed assets | 21/28 | €1,185,816 | €1,127,103 | -€58,712 | -5.0% |
| Tangible fixed assets | 22/27 | €1,185,816 | €1,127,103 | -€58,712 | -5.0% |
| Land and buildings | 22 | €1,056,143 | €1,006,540 | -€49,602 | -4.7% |
| Plant, machinery and equipment | 23 | €117,400 | €109,447 | -€7,953 | -6.8% |
| Furniture and vehicles | 24 | €12,273 | €11,116 | -€1,157 | -9.4% |
| Current assets | 29/58 | €69,776 | €137,742 | +€67,966 | +97.4% |
| Amounts receivable within one year | 40/41 | €24,929 | €22,161 | -€2,768 | -11.1% |
| Trade receivables | 40 | €24,920 | €17,410 | -€7,510 | -30.1% |
| Other amounts receivable | 41 | €9 | €4,751 | +€4,742 | +53700.9% |
| Cash at bank and in hand | 54/58 | €41,574 | €112,174 | +€70,600 | +169.8% |
| Deferred charges and accrued income | 490/1 | €3,273 | €3,407 | +€134 | +4.1% |
| Total equity and liabilities | 10/49 | €1,255,591 | €1,264,845 | +€9,254 | +0.7% |
| Equity | 10/15 | €638,370 | €683,502 | +€45,132 | +7.1% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €337,841 | €377,841 | +€40,000 | +11.8% |
| Tax-exempt reserves | 132 | €57,341 | €57,341 | = | 0.0% |
| Distributable reserves | 133 | €280,500 | €320,500 | +€40,000 | +14.3% |
| Profit (loss) carried forward | 14 | €175,529 | €180,661 | +€5,132 | +2.9% |
| Provisions and deferred taxes | 16 | €6,500 | €6,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €6,500 | €6,500 | = | 0.0% |
| Pensions and similar obligations | 160 | €6,500 | €6,500 | = | 0.0% |
| Amounts payable | 17/49 | €610,721 | €574,843 | -€35,878 | -5.9% |
| Amounts payable after more than one year | 17 | €10,239 | - | -€10,239 | |
| Financial debts | 170/4 | €10,239 | - | -€10,239 | |
| Amounts payable within one year | 42/48 | €567,748 | €542,292 | -€25,456 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €40,702 | €10,239 | -€30,462 | -74.8% |
| Trade debts | 44 | €7,506 | €424 | -€7,082 | -94.4% |
| Suppliers | 440/4 | €7,506 | €424 | -€7,082 | -94.4% |
| Taxes, remuneration and social security | 45 | €38,567 | €27,677 | -€10,890 | -28.2% |
| Taxes | 450/3 | €38,567 | €27,677 | -€10,890 | -28.2% |
| Other amounts payable | 47/48 | €480,974 | €503,953 | +€22,978 | +4.8% |
| Accrued charges and deferred income | 492/3 | €32,734 | €32,551 | -€183 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,079 | €69,865 | +€7,786 | +12.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€9,000 | - | +€9,000 | |
| Other operating charges | 640/8 | €19,129 | €10,450 | -€8,679 | -45.4% |
| Gross operating margin | 9900 | €242,200 | €177,469 | -€64,731 | -26.7% |
| Operating profit (loss) | 9901 | €169,993 | €97,154 | -€72,838 | -42.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +28.6% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +28.6% |
| Financial charges | 65/66B | €30,959 | €30,645 | -€314 | -1.0% |
| Recurring financial charges | 65 | €30,959 | €30,645 | -€314 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €139,034 | €66,510 | -€72,524 | -52.2% |
| Income taxes | 67/77 | €42,571 | €21,378 | -€21,194 | -49.8% |
| Profit (loss) for the period | 9904 | €96,463 | €45,132 | -€51,330 | -53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €96,463 | €45,132 | -€51,330 | -53.2% |
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 8 October 2026 via checked.be.