IODA: 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.
IODA
Largest movements
- Tangible fixed assets -€19,523
down €19,523 (-26.0%), from €75,065 to €55,542
of which Furniture and vehicles: -€13,478
- Receivables within one year -€4,788
down €4,788 (-44.7%), from €10,702 to €5,914
of which Other amounts receivable: -€5,303
- Debts after one year -€20,165
down €20,165 (-92.1%), from €21,885 to €1,720
- Profit (loss) carried forward +€9,738
up €9,738 (+53.5%), from €18,212 to €27,949
- Other debts -€9,623
down €9,623 (-17.5%), from €54,947 to €45,325
- Tax, wage and social debts -€7,814
down €7,814 (-23.7%), from €32,911 to €25,097
of which Remuneration and social security: -€11,701
- Trade debts +€2,509
up €2,509 (+61.3%), from €4,096 to €6,605
- Staff costs +€4,199
up €4,199 (+2.5%), from €166,190 to €170,389
- Financial charges -€2,941
down €2,941 (-38.8%), from €7,588 to €4,647
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 | €169,911 | €145,410 | -€24,500 | -14.4% |
| Fixed assets | 21/28 | €80,489 | €60,966 | -€19,523 | -24.3% |
| Tangible fixed assets | 22/27 | €75,065 | €55,542 | -€19,523 | -26.0% |
| Furniture and vehicles | 24 | €31,918 | €18,440 | -€13,478 | -42.2% |
| Other tangible fixed assets | 26 | €43,147 | €37,102 | -€6,045 | -14.0% |
| Financial fixed assets | 28 | €5,424 | €5,424 | = | 0.0% |
| Current assets | 29/58 | €89,422 | €84,445 | -€4,978 | -5.6% |
| Stocks and contracts in progress | 3 | €1,797 | €2,621 | +€825 | +45.9% |
| Stocks | 30/36 | €1,797 | €2,621 | +€825 | +45.9% |
| Amounts receivable within one year | 40/41 | €10,702 | €5,914 | -€4,788 | -44.7% |
| Trade receivables | 40 | €44 | €559 | +€515 | +1,172% |
| Other amounts receivable | 41 | €10,658 | €5,355 | -€5,303 | -49.8% |
| Cash at bank and in hand | 54/58 | €76,447 | €75,653 | -€795 | -1.0% |
| Deferred charges and accrued income | 490/1 | €476 | €257 | -€219 | -46.1% |
| Total equity and liabilities | 10/49 | €169,911 | €145,410 | -€24,500 | -14.4% |
| Equity | 10/15 | €36,762 | €46,499 | +€9,738 | +26.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,212 | €27,949 | +€9,738 | +53.5% |
| Amounts payable | 17/49 | €133,149 | €98,911 | -€34,238 | -25.7% |
| Amounts payable after more than one year | 17 | €21,885 | €1,720 | -€20,165 | -92.1% |
| Financial debts | 170/4 | €21,885 | €1,720 | -€20,165 | -92.1% |
| Amounts payable within one year | 42/48 | €111,264 | €97,191 | -€14,074 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €19,310 | €20,165 | +€854 | +4.4% |
| Trade debts | 44 | €4,096 | €6,605 | +€2,509 | +61.3% |
| Suppliers | 440/4 | €4,096 | €6,605 | +€2,509 | +61.3% |
| Taxes, remuneration and social security | 45 | €32,911 | €25,097 | -€7,814 | -23.7% |
| Taxes | 450/3 | €10,535 | €14,421 | +€3,887 | +36.9% |
| Remuneration and social security | 454/9 | €22,376 | €10,675 | -€11,701 | -52.3% |
| Other amounts payable | 47/48 | €54,947 | €45,325 | -€9,623 | -17.5% |
| Remuneration, social security and pensions | 62 | €166,190 | €170,389 | +€4,199 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,428 | €19,523 | -€905 | -4.4% |
| Other operating charges | 640/8 | €33 | €1,388 | +€1,355 | +4,084% |
| Gross operating margin | 9900 | €209,495 | €210,118 | +€623 | +0.3% |
| Operating profit (loss) | 9901 | €22,843 | €18,818 | -€4,026 | -17.6% |
| Financial charges | 65/66B | €7,588 | €4,647 | -€2,941 | -38.8% |
| Recurring financial charges | 65 | €7,588 | €4,647 | -€2,941 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €15,255 | €14,171 | -€1,084 | -7.1% |
| Income taxes | 67/77 | €3,685 | €4,433 | +€748 | +20.3% |
| Profit (loss) for the period | 9904 | €11,570 | €9,738 | -€1,832 | -15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,570 | €9,738 | -€1,832 | -15.8% |
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 13 October 2026 via checked.be.