ITDRASYL: 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.
ITDRASYL
Largest movements
- Cash -€39,497
down €39,497 (-16.1%), from €245,645 to €206,147
mainly Contributions, distributions and other (-€177,834) and Current investments (-€32,900)
- Current investments +€32,900
up €32,900 (+19.5%), from €168,792 to €201,692
- Reserves -€86,663
down €86,663 (-20.4%), from €423,866 to €337,203
- Other debts +€76,081
new in 2025: €76,081
- Tax, wage and social debts +€7,153
up €7,153 (+35.1%), from €20,393 to €27,546
- Gross operating margin +€32,160
up €32,160 (+38.2%), from €84,184 to €116,344
- Taxes +€15,532
up €15,532 (+60.5%), from €25,685 to €41,218
- Financial income +€4,146
up €4,146 (+55.1%), from €7,531 to €11,676
- Financial charges +€1,621
up €1,621 (+25.1%), from -€6,455 to -€4,834
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 | €444,445 | €441,118 | -€3,328 | -0.7% |
| Current assets | 29/58 | €444,445 | €441,118 | -€3,328 | -0.7% |
| Amounts receivable within one year | 40/41 | €27,962 | €28,872 | +€910 | +3.3% |
| Trade receivables | 40 | €27,962 | €28,872 | +€910 | +3.3% |
| Current investments | 50/53 | €168,792 | €201,692 | +€32,900 | +19.5% |
| Cash at bank and in hand | 54/58 | €245,645 | €206,147 | -€39,497 | -16.1% |
| Deferred charges and accrued income | 490/1 | €2,047 | €4,406 | +€2,359 | +115.3% |
| Total equity and liabilities | 10/49 | €444,445 | €441,118 | -€3,328 | -0.7% |
| Equity | 10/15 | €423,866 | €337,203 | -€86,663 | -20.4% |
| Reserves | 13 | €423,866 | €337,203 | -€86,663 | -20.4% |
| Distributable reserves | 133 | €423,866 | €337,203 | -€86,663 | -20.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €20,579 | €103,915 | +€83,335 | +404.9% |
| Amounts payable within one year | 42/48 | €20,558 | €103,823 | +€83,265 | +405.0% |
| Trade debts | 44 | €165 | €196 | +€31 | +18.8% |
| Suppliers | 440/4 | €165 | €196 | +€31 | +18.8% |
| Taxes, remuneration and social security | 45 | €20,393 | €27,546 | +€7,153 | +35.1% |
| Taxes | 450/3 | €20,393 | €27,546 | +€7,153 | +35.1% |
| Other amounts payable | 47/48 | - | €76,081 | +€76,081 | |
| Accrued charges and deferred income | 492/3 | €21 | €92 | +€71 | +333.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | €84,184 | €116,344 | +€32,160 | +38.2% |
| Operating profit (loss) | 9901 | €83,733 | €115,879 | +€32,146 | +38.4% |
| Financial income | 75/76B | €7,531 | €11,676 | +€4,146 | +55.1% |
| Recurring financial income | 75 | €7,531 | €11,676 | +€4,146 | +55.1% |
| Financial charges | 65/66B | -€6,455 | -€4,834 | +€1,621 | +25.1% |
| Recurring financial charges | 65 | -€6,455 | -€4,834 | +€1,621 | +25.1% |
| Profit (loss) for the period before taxes | 9903 | €97,718 | €132,389 | +€34,670 | +35.5% |
| Income taxes | 67/77 | €25,685 | €41,218 | +€15,532 | +60.5% |
| Profit (loss) for the period | 9904 | €72,033 | €91,171 | +€19,138 | +26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €72,033 | €91,171 | +€19,138 | +26.6% |
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 9 October 2026 via checked.be.