IDTECH: 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.
IDTECH
Largest movements
- Receivables within one year +€1.3m
up €1.3m (+70.8%), from €1.8m to €3.1m
of which Trade receivables: +€1.2m
- Cash -€262,026
down €262,026 (-93.5%), from €280,136 to €18,111
mainly Receivables within one year (-€1.3m) and Contributions, distributions and other (-€692,657)
- Intangible fixed assets -€260,725
down €260,725 (-61.9%), from €421,205 to €160,480
- Tangible fixed assets -€176,391
down €176,391 (-11.6%), from €1.5m to €1.3m
of which Land and buildings: -€110,935
- Stocks and contracts -€130,132
down €130,132 (-15.4%), from €844,159 to €714,028
- Other debts +€689,613
up €689,613, from €0 to €689,613
- Revaluation surpluses -€165,172
down €165,172 (-13.3%), from €1.2m to €1.1m
- Accrued charges and deferred income -€144,049
down €144,049 (-49.0%), from €293,815 to €149,766
- Profit (loss) carried forward -€75,471
down €75,471 (-32.2%), from €234,284 to €158,813
- Turnover -€5.6m
no longer reported in 2025 (was €5.6m)
- Purchases and services -€3.4m
no longer reported in 2025 (was €3.4m)
- Gross operating margin +€623,634
up €623,634 (+22.7%), from €2.7m to €3.4m
- Staff costs +€164,318
up €164,318 (+7.7%), from €2.1m to €2.3m
- Taxes +€112,919
up €112,919 (+110.5%), from €102,234 to €215,153
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 | €5,100,060 | €5,484,034 | +€383,974 | +7.5% |
| Formation expenses | 20 | €8,846 | €7,077 | -€1,769 | -20.0% |
| Fixed assets | 21/28 | €1,948,634 | €1,511,517 | -€437,117 | -22.4% |
| Intangible fixed assets | 21 | €421,205 | €160,480 | -€260,725 | -61.9% |
| Tangible fixed assets | 22/27 | €1,521,623 | €1,345,232 | -€176,391 | -11.6% |
| Land and buildings | 22 | €1,416,509 | €1,305,574 | -€110,935 | -7.8% |
| Plant, machinery and equipment | 23 | €28,348 | €19,679 | -€8,669 | -30.6% |
| Furniture and vehicles | 24 | €76,767 | €19,979 | -€56,787 | -74.0% |
| Financial fixed assets | 28 | €5,805 | €5,805 | = | 0.0% |
| Current assets | 29/58 | €3,142,580 | €3,965,440 | +€822,860 | +26.2% |
| Stocks and contracts in progress | 3 | €844,159 | €714,028 | -€130,132 | -15.4% |
| Stocks | 30/36 | €844,159 | €714,028 | -€130,132 | -15.4% |
| Amounts receivable within one year | 40/41 | €1,798,131 | €3,071,831 | +€1.3m | +70.8% |
| Trade receivables | 40 | €895,415 | €2,113,053 | +€1.2m | +136.0% |
| Other amounts receivable | 41 | €902,716 | €958,778 | +€56,062 | +6.2% |
| Cash at bank and in hand | 54/58 | €280,136 | €18,111 | -€262,026 | -93.5% |
| Deferred charges and accrued income | 490/1 | €220,153 | €161,470 | -€58,683 | -26.7% |
| Total equity and liabilities | 10/49 | €5,100,060 | €5,484,034 | +€383,974 | +7.5% |
| Equity | 10/15 | €2,787,098 | €2,543,410 | -€243,688 | -8.7% |
| Contributions | 10/11 | €929,000 | €929,000 | = | 0.0% |
| Capital | 10 | €929,000 | €929,000 | = | 0.0% |
| Issued capital | 100 | €929,000 | €929,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,238,794 | €1,073,621 | -€165,172 | -13.3% |
| Reserves | 13 | €377,410 | €377,410 | = | 0.0% |
| Non-distributable reserves | 130/1 | €377,410 | €377,410 | = | 0.0% |
| Legal reserve | 130 | €92,900 | €92,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €284,510 | €284,510 | = | 0.0% |
| Profit (loss) carried forward | 14 | €234,284 | €158,813 | -€75,471 | -32.2% |
| Investment grants | 15 | €7,610 | €4,566 | -€3,044 | -40.0% |
| Amounts payable | 17/49 | €2,312,962 | €2,940,623 | +€627,662 | +27.1% |
| Amounts payable after more than one year | 17 | €1,253,231 | €1,223,221 | -€30,010 | -2.4% |
| Financial debts | 170/4 | €1,253,231 | €1,223,221 | -€30,010 | -2.4% |
| Amounts payable within one year | 42/48 | €765,915 | €1,567,636 | +€801,720 | +104.7% |
| Current portion of amounts payable after more than one year | 42 | €211,400 | €250,010 | +€38,610 | +18.3% |
| Trade debts | 44 | €281,731 | €303,769 | +€22,038 | +7.8% |
| Suppliers | 440/4 | €281,731 | €303,769 | +€22,038 | +7.8% |
| Taxes, remuneration and social security | 45 | €272,784 | €324,243 | +€51,459 | +18.9% |
| Taxes | 450/3 | €48,112 | €134,231 | +€86,119 | +179.0% |
| Remuneration and social security | 454/9 | €224,672 | €190,012 | -€34,660 | -15.4% |
| Other amounts payable | 47/48 | €0 | €689,613 | +€689,613 | |
| Accrued charges and deferred income | 492/3 | €293,815 | €149,766 | -€144,049 | -49.0% |
| Turnover | 70 | €5,583,615 | - | -€5.6m | |
| Non-recurring operating income | 76A | - | €634,459 | +€634,459 | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,392,537 | - | -€3.4m | |
| Remuneration, social security and pensions | 62 | €2,137,768 | €2,302,086 | +€164,318 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €269,316 | €331,671 | +€62,356 | +23.2% |
| Other operating charges | 640/8 | €11,367 | €19,400 | +€8,034 | +70.7% |
| Non-recurring operating charges | 66A | €0 | €5,224 | +€5,224 | |
| Gross operating margin | 9900 | €2,747,178 | €3,370,812 | +€623,634 | +22.7% |
| Operating profit (loss) | 9901 | €328,728 | €712,430 | +€383,702 | +116.7% |
| Financial income | 75/76B | €30,315 | €20,441 | -€9,874 | -32.6% |
| Recurring financial income | 75 | €28,190 | €20,441 | -€7,749 | -27.5% |
| Non-recurring financial income | 76B | €2,125 | €0 | -€2,125 | -100.0% |
| Financial charges | 65/66B | €53,525 | €68,749 | +€15,224 | +28.4% |
| Recurring financial charges | 65 | €53,525 | €68,749 | +€15,224 | +28.4% |
| Profit (loss) for the period before taxes | 9903 | €305,518 | €664,122 | +€358,604 | +117.4% |
| Income taxes | 67/77 | €102,234 | €215,153 | +€112,919 | +110.5% |
| Profit (loss) for the period | 9904 | €203,284 | €448,970 | +€245,686 | +120.9% |
| Profit (loss) for the period to be appropriated | 9905 | €203,284 | €448,970 | +€245,686 | +120.9% |
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 1 October 2026 via checked.be.