IDQS: 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.
IDQS
Largest movements
- Cash -€110,637
down €110,637 (-35.7%), from €309,985 to €199,348
mainly Investment in fixed assets (net) (-€142,498) and Receivables within one year (-€63,495)
- Tangible fixed assets +€102,034
up €102,034 (+32.5%), from €314,256 to €416,289
of which Land and buildings: +€100,839
- Receivables within one year +€63,495
up €63,495 (+18.0%), from €352,549 to €416,045
of which Other amounts receivable: +€101,936
- Reserves +€56,082
up €56,082 (+9.6%), from €586,969 to €643,051
of which Distributable reserves: +€57,942
- Trade debts +€32,160
up €32,160 (+58.9%), from €54,632 to €86,792
- Debts after one year -€25,505
down €25,505 (-8.9%), from €285,449 to €259,944
- Other debts -€13,994
down €13,994 (-85.2%), from €16,426 to €2,432
- Staff costs +€44,810
up €44,810 (+27.9%), from €160,610 to €205,420
- Other operating charges -€35,554
down €35,554 (-81.4%), from €43,669 to €8,115
- Gross operating margin -€28,643
down €28,643 (-7.6%), from €375,023 to €346,380
- Taxes -€23,171
down €23,171 (-50.1%), from €46,269 to €23,099
- Depreciation +€22,798
up €22,798 (+129.0%), from €17,667 to €40,464
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 | €1,090,335 | €1,139,389 | +€49,054 | +4.5% |
| Fixed assets | 21/28 | €314,464 | €416,497 | +€102,034 | +32.4% |
| Tangible fixed assets | 22/27 | €314,256 | €416,289 | +€102,034 | +32.5% |
| Land and buildings | 22 | €276,420 | €377,259 | +€100,839 | +36.5% |
| Plant, machinery and equipment | 23 | €15,705 | €14,832 | -€873 | -5.6% |
| Furniture and vehicles | 24 | €9,016 | €13,201 | +€4,185 | +46.4% |
| Other tangible fixed assets | 26 | €13,115 | €10,997 | -€2,118 | -16.1% |
| Financial fixed assets | 28 | €208 | €208 | = | 0.0% |
| Current assets | 29/58 | €775,871 | €722,892 | -€52,979 | -6.8% |
| Amounts receivable after more than one year | 29 | €18,804 | €10,233 | -€8,570 | -45.6% |
| Other amounts receivable | 291 | €18,804 | €10,233 | -€8,570 | -45.6% |
| Amounts receivable within one year | 40/41 | €352,549 | €416,045 | +€63,495 | +18.0% |
| Trade receivables | 40 | €258,067 | €219,626 | -€38,441 | -14.9% |
| Other amounts receivable | 41 | €94,483 | €196,419 | +€101,936 | +107.9% |
| Current investments | 50/53 | €90,515 | €91,863 | +€1,348 | +1.5% |
| Cash at bank and in hand | 54/58 | €309,985 | €199,348 | -€110,637 | -35.7% |
| Deferred charges and accrued income | 490/1 | €4,018 | €5,403 | +€1,385 | +34.5% |
| Total equity and liabilities | 10/49 | €1,090,335 | €1,139,389 | +€49,054 | +4.5% |
| Equity | 10/15 | €599,369 | €655,451 | +€56,082 | +9.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €586,969 | €643,051 | +€56,082 | +9.6% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €585,109 | €643,051 | +€57,942 | +9.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €58,707 | €58,707 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €58,707 | €58,707 | = | 0.0% |
| Pensions and similar obligations | 160 | €58,707 | €58,707 | = | 0.0% |
| Amounts payable | 17/49 | €432,258 | €425,231 | -€7,027 | -1.6% |
| Amounts payable after more than one year | 17 | €285,449 | €259,944 | -€25,505 | -8.9% |
| Financial debts | 170/4 | €285,449 | €259,944 | -€25,505 | -8.9% |
| Amounts payable within one year | 42/48 | €146,809 | €165,287 | +€18,477 | +12.6% |
| Current portion of amounts payable after more than one year | 42 | €24,475 | €25,505 | +€1,030 | +4.2% |
| Financial debts | 43 | €15,541 | €15,318 | -€223 | -1.4% |
| Credit institutions | 430/8 | €15,541 | €15,318 | -€223 | -1.4% |
| Trade debts | 44 | €54,632 | €86,792 | +€32,160 | +58.9% |
| Suppliers | 440/4 | €54,632 | €86,792 | +€32,160 | +58.9% |
| Taxes, remuneration and social security | 45 | €35,736 | €35,241 | -€495 | -1.4% |
| Taxes | 450/3 | €14,628 | €10,885 | -€3,742 | -25.6% |
| Remuneration and social security | 454/9 | €21,108 | €24,356 | +€3,247 | +15.4% |
| Other amounts payable | 47/48 | €16,426 | €2,432 | -€13,994 | -85.2% |
| Non-recurring operating income | 76A | €0 | €235 | +€235 | |
| Remuneration, social security and pensions | 62 | €160,610 | €205,420 | +€44,810 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,667 | €40,464 | +€22,798 | +129.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €91 | €0 | -€91 | -100.0% |
| Other operating charges | 640/8 | €43,669 | €8,115 | -€35,554 | -81.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €375,023 | €346,380 | -€28,643 | -7.6% |
| Operating profit (loss) | 9901 | €152,986 | €92,380 | -€60,606 | -39.6% |
| Financial income | 75/76B | €9,466 | €10,391 | +€925 | +9.8% |
| Recurring financial income | 75 | €9,466 | €10,391 | +€925 | +9.8% |
| Financial charges | 65/66B | €12,403 | €23,591 | +€11,188 | +90.2% |
| Recurring financial charges | 65 | €12,403 | €23,591 | +€11,188 | +90.2% |
| Profit (loss) for the period before taxes | 9903 | €150,050 | €79,180 | -€70,869 | -47.2% |
| Income taxes | 67/77 | €46,269 | €23,099 | -€23,171 | -50.1% |
| Profit (loss) for the period | 9904 | €103,781 | €56,082 | -€47,699 | -46.0% |
| Profit (loss) for the period to be appropriated | 9905 | €103,781 | €56,082 | -€47,699 | -46.0% |
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 6 October 2026 via checked.be.