IED CHAUFFAGE: 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.
IED CHAUFFAGE
Largest movements
- Cash +€20,546
up €20,546 (+416%), from €4,943 to €25,488
mainly Net result for the year (+€48,602) and Receivables within one year (+€10,719)
- Receivables within one year -€10,719
down €10,719 (-16.3%), from €65,897 to €55,178
of which Trade receivables: -€8,342
- Profit (loss) carried forward +€48,602
up €48,602, from -€9,196 to €39,406
- Debts after one year -€38,783
down €38,783 (-84.8%), from €45,722 to €6,940
- Current portion of long-term debt -€2,147
down €2,147 (-19.6%), from €10,930 to €8,783
- Trade debts +€1,839
up €1,839 (+7.3%), from €25,362 to €27,201
- Gross operating margin +€74,824
up €74,824 (+19,340%), from €387 to €75,211
- Write-downs +€5,649
new in 2025: €5,649
- Taxes +€4,148
new in 2025: €4,148
- Financial charges -€3,617
down €3,617 (-37.4%), from €9,674 to €6,056
- Staff costs +€993
up €993 (+66.0%), from €1,504 to €2,497
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 | €96,778 | €107,535 | +€10,757 | +11.1% |
| Fixed assets | 21/28 | €17,263 | €18,423 | +€1,160 | +6.7% |
| Tangible fixed assets | 22/27 | €17,238 | €18,232 | +€994 | +5.8% |
| Plant, machinery and equipment | 23 | €793 | €6,335 | +€5,542 | +699% |
| Furniture and vehicles | 24 | €16,445 | €11,896 | -€4,549 | -27.7% |
| Financial fixed assets | 28 | €25 | €191 | +€166 | +665% |
| Current assets | 29/58 | €79,515 | €89,112 | +€9,597 | +12.1% |
| Stocks and contracts in progress | 3 | €6,550 | €6,550 | = | 0.0% |
| Stocks | 30/36 | €6,550 | €6,550 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €65,897 | €55,178 | -€10,719 | -16.3% |
| Trade receivables | 40 | €47,657 | €39,314 | -€8,342 | -17.5% |
| Other amounts receivable | 41 | €18,240 | €15,863 | -€2,377 | -13.0% |
| Cash at bank and in hand | 54/58 | €4,943 | €25,488 | +€20,546 | +416% |
| Deferred charges and accrued income | 490/1 | €2,126 | €1,896 | -€230 | -10.8% |
| Total equity and liabilities | 10/49 | €96,778 | €107,535 | +€10,757 | +11.1% |
| Equity | 10/15 | €11,264 | €59,866 | +€48,602 | +431% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€9,196 | €39,406 | +€48,602 | |
| Amounts payable | 17/49 | €85,514 | €47,669 | -€37,845 | -44.3% |
| Amounts payable after more than one year | 17 | €45,722 | €6,940 | -€38,783 | -84.8% |
| Financial debts | 170/4 | €45,722 | €6,940 | -€38,783 | -84.8% |
| Amounts payable within one year | 42/48 | €39,792 | €40,317 | +€525 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €10,930 | €8,783 | -€2,147 | -19.6% |
| Trade debts | 44 | €25,362 | €27,201 | +€1,839 | +7.3% |
| Suppliers | 440/4 | €25,362 | €27,201 | +€1,839 | +7.3% |
| Advances received on contracts in progress | 46 | - | €186 | +€186 | |
| Taxes, remuneration and social security | 45 | €3,500 | €4,148 | +€648 | +18.5% |
| Taxes | 450/3 | - | €4,148 | +€4,148 | |
| Remuneration and social security | 454/9 | €3,500 | - | -€3,500 | |
| Accrued charges and deferred income | 492/3 | - | €412 | +€412 | |
| Remuneration, social security and pensions | 62 | €1,504 | €2,497 | +€993 | +66.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,357 | €7,661 | +€304 | +4.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,649 | +€5,649 | |
| Other operating charges | 640/8 | €20 | €695 | +€675 | +3,375% |
| Gross operating margin | 9900 | €387 | €75,211 | +€74,824 | +19,340% |
| Operating profit (loss) | 9901 | -€8,494 | €58,709 | +€67,203 | |
| Financial income | 75/76B | €6 | €97 | +€91 | +1,599% |
| Recurring financial income | 75 | €6 | €97 | +€91 | +1,599% |
| Financial charges | 65/66B | €9,674 | €6,056 | -€3,617 | -37.4% |
| Recurring financial charges | 65 | €9,674 | €6,056 | -€3,617 | -37.4% |
| Profit (loss) for the period before taxes | 9903 | -€18,162 | €52,749 | +€70,911 | |
| Income taxes | 67/77 | - | €4,148 | +€4,148 | |
| Profit (loss) for the period | 9904 | -€18,162 | €48,602 | +€66,764 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,162 | €48,602 | +€66,764 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.