IDFX MANAGEMENT: 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.
IDFX MANAGEMENT
Largest movements
- Current investments -€1.9m
down €1.9m (-100%), from €1.9m to €0
- Cash +€1.0m
up €1.0m (+3,695%), from €27,907 to €1.1m
mainly Current investments (+€1.9m) and Net result for the year (+€282,693)
- Receivables within one year +€230,601
up €230,601 (+713%), from €32,336 to €262,937
of which Trade receivables: +€139,992
- Tangible fixed assets -€39,810
down €39,810 (-12.5%), from €318,434 to €278,624
of which Land and buildings: -€45,745
- Profit (loss) carried forward -€610,852
down €610,852 (-70.7%), from €864,138 to €253,286
- Reserves -€35,026
down €35,026 (-2.8%), from €1.3m to €1.2m
- Other debts +€30,288
up €30,288, from €0 to €30,288
- Gross operating margin -€1.7m
down €1.7m (-78.1%), from €2.1m to €469,463
- Taxes -€459,110
down €459,110 (-76.7%), from €598,785 to €139,675
- Financial income -€24,505
down €24,505 (-75.5%), from €32,470 to €7,964
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 | €2,238,050 | €1,616,346 | -€621,704 | -27.8% |
| Fixed assets | 21/28 | €318,434 | €279,078 | -€39,356 | -12.4% |
| Tangible fixed assets | 22/27 | €318,434 | €278,624 | -€39,810 | -12.5% |
| Land and buildings | 22 | €318,434 | €272,689 | -€45,745 | -14.4% |
| Furniture and vehicles | 24 | - | €5,934 | +€5,934 | |
| Financial fixed assets | 28 | - | €454 | +€454 | |
| Current assets | 29/58 | €1,919,616 | €1,337,269 | -€582,347 | -30.3% |
| Amounts receivable within one year | 40/41 | €32,336 | €262,937 | +€230,601 | +713% |
| Trade receivables | 40 | - | €139,992 | +€139,992 | |
| Other amounts receivable | 41 | €32,336 | €122,946 | +€90,610 | +280% |
| Current investments | 50/53 | €1,850,000 | €0 | -€1.9m | -100% |
| Cash at bank and in hand | 54/58 | €27,907 | €1,059,218 | +€1.0m | +3,695% |
| Deferred charges and accrued income | 490/1 | €9,373 | €15,114 | +€5,741 | +61.2% |
| Total equity and liabilities | 10/49 | €2,238,050 | €1,616,346 | -€621,704 | -27.8% |
| Equity | 10/15 | €2,151,814 | €1,505,935 | -€645,878 | -30.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,269,076 | €1,234,049 | -€35,026 | -2.8% |
| Distributable reserves | 133 | €1,269,076 | €1,234,049 | -€35,026 | -2.8% |
| Profit (loss) carried forward | 14 | €864,138 | €253,286 | -€610,852 | -70.7% |
| Amounts payable | 17/49 | €86,236 | €110,411 | +€24,175 | +28.0% |
| Amounts payable within one year | 42/48 | €86,236 | €110,411 | +€24,175 | +28.0% |
| Financial debts | 43 | €1,001 | €1,839 | +€838 | +83.7% |
| Credit institutions | 430/8 | €1,001 | €1,839 | +€838 | +83.7% |
| Trade debts | 44 | €7,283 | €0 | -€7,283 | -100% |
| Suppliers | 440/4 | €7,283 | €0 | -€7,283 | -100% |
| Taxes, remuneration and social security | 45 | €77,953 | €78,284 | +€331 | +0.4% |
| Taxes | 450/3 | €77,953 | €78,284 | +€331 | +0.4% |
| Other amounts payable | 47/48 | €0 | €30,288 | +€30,288 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,745 | €47,038 | +€1,294 | +2.8% |
| Other operating charges | 640/8 | €6,586 | €7,282 | +€696 | +10.6% |
| Non-recurring operating charges | 66A | €116 | €0 | -€116 | -100% |
| Gross operating margin | 9900 | €2,139,407 | €469,463 | -€1.7m | -78.1% |
| Operating profit (loss) | 9901 | €2,086,960 | €415,143 | -€1.7m | -80.1% |
| Financial income | 75/76B | €32,470 | €7,964 | -€24,505 | -75.5% |
| Recurring financial income | 75 | €32,470 | €7,964 | -€24,505 | -75.5% |
| Financial charges | 65/66B | €2,375 | €739 | -€1,636 | -68.9% |
| Recurring financial charges | 65 | €2,375 | €739 | -€1,636 | -68.9% |
| Profit (loss) for the period before taxes | 9903 | €2,117,055 | €422,368 | -€1.7m | -80.0% |
| Income taxes | 67/77 | €598,785 | €139,675 | -€459,110 | -76.7% |
| Profit (loss) for the period | 9904 | €1,518,270 | €282,693 | -€1.2m | -81.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,518,270 | €282,693 | -€1.2m | -81.4% |
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.