IOD: 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.
IOD
Largest movements
- Cash +€35,566
up €35,566 (+87.8%), from €40,496 to €76,061
mainly Net result for the year (+€28,793) and Receivables within one year (+€23,129)
- Receivables within one year -€23,129
down €23,129 (-64.3%), from €35,953 to €12,825
- Tangible fixed assets -€4,875
down €4,875 (-2.6%), from €184,736 to €179,862
of which Land and buildings: -€10,207
- Reserves +€28,793
up €28,793 (+81.1%), from €35,500 to €64,294
- Tax, wage and social debts -€11,146
down €11,146 (-39.8%), from €27,977 to €16,832
- Other debts -€10,202
down €10,202 (-5.3%), from €193,489 to €183,287
- Depreciation +€6,254
up €6,254 (+69.2%), from €9,038 to €15,292
- Financial income +€2,403
up €2,403 (+880.7%), from €273 to €2,676
- Taxes +€2,139
up €2,139 (+33.5%), from €6,378 to €8,518
- Gross operating margin -€1,066
down €1,066 (-2.1%), from €51,968 to €50,901
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 | €261,405 | €269,692 | +€8,287 | +3.2% |
| Fixed assets | 21/28 | €184,736 | €179,862 | -€4,875 | -2.6% |
| Tangible fixed assets | 22/27 | €184,736 | €179,862 | -€4,875 | -2.6% |
| Land and buildings | 22 | €162,320 | €152,114 | -€10,207 | -6.3% |
| Plant, machinery and equipment | 23 | €1,168 | €773 | -€395 | -33.8% |
| Furniture and vehicles | 24 | €21,248 | €26,975 | +€5,726 | +27.0% |
| Current assets | 29/58 | €76,669 | €89,831 | +€13,162 | +17.2% |
| Amounts receivable within one year | 40/41 | €35,953 | €12,825 | -€23,129 | -64.3% |
| Trade receivables | 40 | €35,953 | €12,825 | -€23,129 | -64.3% |
| Cash at bank and in hand | 54/58 | €40,496 | €76,061 | +€35,566 | +87.8% |
| Deferred charges and accrued income | 490/1 | €220 | €945 | +€725 | +329.4% |
| Total equity and liabilities | 10/49 | €261,405 | €269,692 | +€8,287 | +3.2% |
| Equity | 10/15 | €37,500 | €66,294 | +€28,793 | +76.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €35,500 | €64,294 | +€28,793 | +81.1% |
| Distributable reserves | 133 | €35,500 | €64,294 | +€28,793 | +81.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €223,905 | €203,399 | -€20,506 | -9.2% |
| Amounts payable within one year | 42/48 | €223,905 | €203,105 | -€20,800 | -9.3% |
| Trade debts | 44 | €2,438 | €2,987 | +€548 | +22.5% |
| Suppliers | 440/4 | €2,438 | €2,987 | +€548 | +22.5% |
| Taxes, remuneration and social security | 45 | €27,977 | €16,832 | -€11,146 | -39.8% |
| Taxes | 450/3 | €27,977 | €16,832 | -€11,146 | -39.8% |
| Other amounts payable | 47/48 | €193,489 | €183,287 | -€10,202 | -5.3% |
| Accrued charges and deferred income | 492/3 | - | €293 | +€293 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,038 | €15,292 | +€6,254 | +69.2% |
| Other operating charges | 640/8 | €384 | €850 | +€465 | +121.0% |
| Gross operating margin | 9900 | €51,968 | €50,901 | -€1,066 | -2.1% |
| Operating profit (loss) | 9901 | €42,545 | €34,760 | -€7,786 | -18.3% |
| Financial income | 75/76B | €273 | €2,676 | +€2,403 | +880.7% |
| Recurring financial income | 75 | €273 | €2,676 | +€2,403 | +880.7% |
| Financial charges | 65/66B | €90 | €124 | +€35 | +38.7% |
| Recurring financial charges | 65 | €90 | €124 | +€35 | +38.7% |
| Profit (loss) for the period before taxes | 9903 | €42,728 | €37,311 | -€5,417 | -12.7% |
| Income taxes | 67/77 | €6,378 | €8,518 | +€2,139 | +33.5% |
| Profit (loss) for the period | 9904 | €36,350 | €28,793 | -€7,557 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,350 | €28,793 | -€7,557 | -20.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.