IdW: 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.
IdW
Largest movements
- Tangible fixed assets -€51,891
down €51,891 (-4.9%), from €1.0m to €997,267
of which Leasing and similar rights: -€41,588
- Cash +€14,845
up €14,845 (+549.0%), from €2,704 to €17,548
mainly Depreciation (+€63,712) and Other debts (+€5,044)
- Profit (loss) carried forward -€15,072
down €15,072 (-11.0%), from -€136,844 to -€151,916
- Provisions -€13,132
down €13,132 (-2.0%), from €663,966 to €650,834
- Gross operating margin +€12,356
up €12,356 (+13.6%), from €90,844 to €103,200
- Depreciation -€2,239
down €2,239 (-3.4%), from €65,951 to €63,712
- Other operating charges +€2,003
up €2,003 (+31.5%), from €6,357 to €8,361
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 | €1,054,479 | €1,017,700 | -€36,778 | -3.5% |
| Fixed assets | 21/28 | €1,049,158 | €997,267 | -€51,891 | -4.9% |
| Tangible fixed assets | 22/27 | €1,049,158 | €997,267 | -€51,891 | -4.9% |
| Land and buildings | 22 | €295,764 | €287,715 | -€8,048 | -2.7% |
| Plant, machinery and equipment | 23 | €56,867 | €60,955 | +€4,088 | +7.2% |
| Furniture and vehicles | 24 | €8,314 | €1,972 | -€6,342 | -76.3% |
| Leasing and similar rights | 25 | €688,213 | €646,626 | -€41,588 | -6.0% |
| Current assets | 29/58 | €5,320 | €20,433 | +€15,113 | +284.1% |
| Amounts receivable within one year | 40/41 | €120 | €503 | +€383 | +319.2% |
| Trade receivables | 40 | - | €383 | +€383 | |
| Other amounts receivable | 41 | €120 | €120 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,704 | €17,548 | +€14,845 | +549.0% |
| Deferred charges and accrued income | 490/1 | €2,497 | €2,382 | -€115 | -4.6% |
| Total equity and liabilities | 10/49 | €1,054,479 | €1,017,700 | -€36,778 | -3.5% |
| Equity | 10/15 | -€10,784 | -€25,856 | -€15,072 | -139.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €119,860 | €119,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €118,000 | €118,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€136,844 | -€151,916 | -€15,072 | -11.0% |
| Provisions and deferred taxes | 16 | €663,966 | €650,834 | -€13,132 | -2.0% |
| Provisions for liabilities and charges | 160/5 | €663,966 | €650,834 | -€13,132 | -2.0% |
| Other liabilities and charges | 164/5 | €663,966 | €650,834 | -€13,132 | -2.0% |
| Amounts payable | 17/49 | €401,297 | €392,723 | -€8,574 | -2.1% |
| Amounts payable after more than one year | 17 | €200,071 | €190,776 | -€9,295 | -4.6% |
| Financial debts | 170/4 | €200,071 | €190,776 | -€9,295 | -4.6% |
| Amounts payable within one year | 42/48 | €197,126 | €201,947 | +€4,821 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €9,113 | €9,295 | +€183 | +2.0% |
| Trade debts | 44 | €369 | - | -€369 | |
| Suppliers | 440/4 | €369 | - | -€369 | |
| Taxes, remuneration and social security | 45 | €1,071 | €1,035 | -€36 | -3.3% |
| Taxes | 450/3 | €1,071 | €1,035 | -€36 | -3.3% |
| Other amounts payable | 47/48 | €186,573 | €191,616 | +€5,044 | +2.7% |
| Accrued charges and deferred income | 492/3 | €4,100 | - | -€4,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,951 | €63,712 | -€2,239 | -3.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€12,761 | -€13,132 | -€371 | -2.9% |
| Other operating charges | 640/8 | €6,357 | €8,361 | +€2,003 | +31.5% |
| Gross operating margin | 9900 | €90,844 | €103,200 | +€12,356 | +13.6% |
| Operating profit (loss) | 9901 | €31,297 | €44,260 | +€12,963 | +41.4% |
| Financial charges | 65/66B | €59,650 | €59,234 | -€416 | -0.7% |
| Recurring financial charges | 65 | €59,650 | €59,234 | -€416 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | -€28,354 | -€14,974 | +€13,379 | +47.2% |
| Income taxes | 67/77 | €133 | €98 | -€35 | -26.3% |
| Profit (loss) for the period | 9904 | -€28,486 | -€15,072 | +€13,414 | +47.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,486 | -€15,072 | +€13,414 | +47.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.