IDEVAX: 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.
IDEVAX
Largest movements
- Receivables within one year -€670,952
down €670,952 (-86.4%), from €776,899 to €105,946
of which Trade receivables: -€672,391
- Cash +€443,127
up €443,127 (+30.0%), from €1.5m to €1.9m
mainly Debts after one year (+€1.4m) and Receivables within one year (+€670,952)
- Intangible fixed assets +€385,993
up €385,993 (+26.3%), from €1.5m to €1.9m
- Debts after one year +€1.4m
up €1.4m (+17,604%), from €7,921 to €1.4m
- Trade debts -€621,953
down €621,953 (-74.9%), from €830,443 to €208,490
- Profit (loss) carried forward -€607,429
down €607,429 (-148%), from -€411,568 to -€1.0m
- Gross operating margin -€274,847
down €274,847, from €120,491 to -€154,357
- Staff costs +€160,849
up €160,849 (+161%), from €99,971 to €260,820
- Depreciation +€75,045
up €75,045 (+80.1%), from €93,740 to €168,785
- Financial charges -€22,053
down €22,053 (-49.5%), from €44,519 to €22,466
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 | €3,732,033 | €3,947,434 | +€215,401 | +5.8% |
| Fixed assets | 21/28 | €1,473,599 | €1,872,376 | +€398,777 | +27.1% |
| Intangible fixed assets | 21 | €1,465,093 | €1,851,086 | +€385,993 | +26.3% |
| Tangible fixed assets | 22/27 | €8,505 | €21,290 | +€12,785 | +150% |
| Plant, machinery and equipment | 23 | €8,505 | €20,089 | +€11,583 | +136% |
| Furniture and vehicles | 24 | - | €1,201 | +€1,201 | |
| Current assets | 29/58 | €2,258,434 | €2,075,058 | -€183,376 | -8.1% |
| Stocks and contracts in progress | 3 | - | €5,600 | +€5,600 | |
| Stocks | 30/36 | - | €5,600 | +€5,600 | |
| Amounts receivable within one year | 40/41 | €776,899 | €105,946 | -€670,952 | -86.4% |
| Trade receivables | 40 | €736,535 | €64,145 | -€672,391 | -91.3% |
| Other amounts receivable | 41 | €40,363 | €41,802 | +€1,438 | +3.6% |
| Cash at bank and in hand | 54/58 | €1,478,772 | €1,921,898 | +€443,127 | +30.0% |
| Deferred charges and accrued income | 490/1 | €2,764 | €41,613 | +€38,849 | +1,406% |
| Total equity and liabilities | 10/49 | €3,732,033 | €3,947,434 | +€215,401 | +5.8% |
| Equity | 10/15 | €2,877,288 | €2,294,859 | -€582,429 | -20.2% |
| Contributions | 10/11 | €3,288,856 | €3,313,856 | +€25,000 | +0.8% |
| Profit (loss) carried forward | 14 | -€411,568 | -€1,018,997 | -€607,429 | -148% |
| Amounts payable | 17/49 | €854,745 | €1,652,575 | +€797,830 | +93.3% |
| Amounts payable after more than one year | 17 | €7,921 | €1,402,401 | +€1.4m | +17,604% |
| Financial debts | 170/4 | €7,921 | €1,402,401 | +€1.4m | +17,604% |
| Amounts payable within one year | 42/48 | €846,823 | €240,815 | -€606,008 | -71.6% |
| Trade debts | 44 | €830,443 | €208,490 | -€621,953 | -74.9% |
| Suppliers | 440/4 | €830,443 | €208,490 | -€621,953 | -74.9% |
| Taxes, remuneration and social security | 45 | €16,380 | €32,325 | +€15,945 | +97.3% |
| Taxes | 450/3 | - | €430 | +€430 | |
| Remuneration and social security | 454/9 | €16,380 | €31,894 | +€15,515 | +94.7% |
| Accrued charges and deferred income | 492/3 | - | €9,359 | +€9,359 | |
| Remuneration, social security and pensions | 62 | €99,971 | €260,820 | +€160,849 | +161% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,740 | €168,785 | +€75,045 | +80.1% |
| Other operating charges | 640/8 | €465 | €1,646 | +€1,180 | +254% |
| Gross operating margin | 9900 | €120,491 | -€154,357 | -€274,847 | |
| Operating profit (loss) | 9901 | -€73,686 | -€585,607 | -€511,921 | -695% |
| Financial income | 75/76B | €18 | €644 | +€627 | +3,540% |
| Recurring financial income | 75 | €18 | €644 | +€627 | +3,540% |
| Financial charges | 65/66B | €44,519 | €22,466 | -€22,053 | -49.5% |
| Recurring financial charges | 65 | €44,519 | €22,466 | -€22,053 | -49.5% |
| Profit (loss) for the period before taxes | 9903 | -€118,187 | -€607,429 | -€489,242 | -414% |
| Profit (loss) for the period | 9904 | -€118,187 | -€607,429 | -€489,242 | -414% |
| Profit (loss) for the period to be appropriated | 9905 | -€118,187 | -€607,429 | -€489,242 | -414% |
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 18 October 2026 via checked.be.