INTEGRATED DEVELOPMENT 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.
INTEGRATED DEVELOPMENT MANAGEMENT
Largest movements
- Cash +€338,997
up €338,997 (+798%), from €42,481 to €381,478
mainly Current investments (+€229,987) and Net result for the year (+€141,867)
- Current investments -€229,987
down €229,987 (-98.7%), from €233,050 to €3,063
- Receivables within one year +€51,699
up €51,699 (+82.5%), from €62,668 to €114,367
of which Trade receivables: +€26,620
- Profit (loss) carried forward +€141,867
up €141,867 (+84.6%), from -€167,592 to -€25,725
- Reserves -€115,051
down €115,051 (-24.6%), from €468,104 to €353,053
of which Distributable reserves: -€115,051
- Other debts +€115,051
new in 2025: €115,051
- Tax, wage and social debts +€13,131
new in 2025: €13,131
- Trade debts +€5,608
up €5,608 (+391%), from €1,433 to €7,040
- Gross operating margin +€214,318
up €214,318, from -€76,174 to €138,144
- Financial income -€5,767
down €5,767 (-33.1%), from €17,401 to €11,634
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 | €351,944 | €512,550 | +€160,606 | +45.6% |
| Fixed assets | 21/28 | €10,330 | €8,031 | -€2,299 | -22.3% |
| Tangible fixed assets | 22/27 | €10,330 | €8,031 | -€2,299 | -22.3% |
| Furniture and vehicles | 24 | €2,417 | €2,389 | -€28 | -1.2% |
| Other tangible fixed assets | 26 | €7,912 | €5,641 | -€2,271 | -28.7% |
| Current assets | 29/58 | €341,615 | €504,519 | +€162,905 | +47.7% |
| Amounts receivable within one year | 40/41 | €62,668 | €114,367 | +€51,699 | +82.5% |
| Trade receivables | 40 | - | €26,620 | +€26,620 | |
| Other amounts receivable | 41 | €62,668 | €87,747 | +€25,079 | +40.0% |
| Current investments | 50/53 | €233,050 | €3,063 | -€229,987 | -98.7% |
| Cash at bank and in hand | 54/58 | €42,481 | €381,478 | +€338,997 | +798% |
| Deferred charges and accrued income | 490/1 | €3,415 | €5,612 | +€2,196 | +64.3% |
| Total equity and liabilities | 10/49 | €351,944 | €512,550 | +€160,606 | +45.6% |
| Equity | 10/15 | €350,512 | €377,327 | +€26,815 | +7.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €468,104 | €353,053 | -€115,051 | -24.6% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,958 | €4,958 | = | 0.0% |
| Distributable reserves | 133 | €463,146 | €348,095 | -€115,051 | -24.8% |
| Profit (loss) carried forward | 14 | -€167,592 | -€25,725 | +€141,867 | +84.6% |
| Amounts payable | 17/49 | €1,433 | €135,223 | +€133,790 | +9,340% |
| Amounts payable within one year | 42/48 | €1,433 | €135,223 | +€133,790 | +9,340% |
| Trade debts | 44 | €1,433 | €7,040 | +€5,608 | +391% |
| Suppliers | 440/4 | €1,433 | €7,040 | +€5,608 | +391% |
| Taxes, remuneration and social security | 45 | - | €13,131 | +€13,131 | |
| Taxes | 450/3 | - | €13,131 | +€13,131 | |
| Other amounts payable | 47/48 | - | €115,051 | +€115,051 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,358 | €3,041 | -€316 | -9.4% |
| Other operating charges | 640/8 | €1,299 | €2,299 | +€1,000 | +77.0% |
| Non-recurring operating charges | 66A | - | €661 | +€661 | |
| Gross operating margin | 9900 | -€76,174 | €138,144 | +€214,318 | |
| Operating profit (loss) | 9901 | -€80,830 | €132,143 | +€212,973 | |
| Financial income | 75/76B | €17,401 | €11,634 | -€5,767 | -33.1% |
| Recurring financial income | 75 | €17,401 | €11,634 | -€5,767 | -33.1% |
| Financial charges | 65/66B | €305 | €785 | +€479 | +157% |
| Recurring financial charges | 65 | €305 | €785 | +€479 | +157% |
| Profit (loss) for the period before taxes | 9903 | -€63,734 | €142,993 | +€206,727 | |
| Income taxes | 67/77 | €371 | €1,126 | +€755 | +203% |
| Profit (loss) for the period | 9904 | -€64,105 | €141,867 | +€205,972 | |
| Profit (loss) for the period to be appropriated | 9905 | -€64,105 | €141,867 | +€205,972 |
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 15 October 2026 via checked.be.