IVIDENT: 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.
IVIDENT
Largest movements
- Tangible fixed assets -€58,668
down €58,668 (-19.9%), from €294,618 to €235,950
- Current investments +€24,000
up €24,000 (+58.5%), from €41,000 to €65,000
- Cash +€20,278
up €20,278 (+67.7%), from €29,946 to €50,224
mainly Depreciation (+€62,637) and Net result for the year (+€53,245)
- Deferred charges and accrued income -€4,596
down €4,596 (-23.7%), from €19,394 to €14,798
- Debts after one year -€38,100
down €38,100 (-36.5%), from €104,264 to €66,163
- Reserves +€28,245
up €28,245 (+13.2%), from €213,892 to €242,137
- Current portion of long-term debt -€5,466
down €5,466 (-12.5%), from €43,567 to €38,100
- Tax, wage and social debts -€4,355
down €4,355 (-18.6%), from €23,457 to €19,102
of which Taxes: -€3,966
- Gross operating margin +€41,143
up €41,143 (+21.1%), from €195,120 to €236,263
- Taxes +€11,545
up €11,545 (+113%), from €10,191 to €21,736
- Staff costs +€10,719
up €10,719 (+14.7%), from €73,102 to €83,822
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 | €393,034 | €371,433 | -€21,601 | -5.5% |
| Fixed assets | 21/28 | €294,619 | €235,951 | -€58,668 | -19.9% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €294,618 | €235,950 | -€58,668 | -19.9% |
| Land and buildings | 22 | €133,529 | €113,592 | -€19,937 | -14.9% |
| Plant, machinery and equipment | 23 | €114,710 | €91,210 | -€23,500 | -20.5% |
| Furniture and vehicles | 24 | €3,102 | €3,016 | -€87 | -2.8% |
| Leasing and similar rights | 25 | €43,276 | €28,132 | -€15,145 | -35.0% |
| Current assets | 29/58 | €98,415 | €135,482 | +€37,067 | +37.7% |
| Amounts receivable within one year | 40/41 | €8,075 | €5,460 | -€2,615 | -32.4% |
| Trade receivables | 40 | €6,619 | €3,898 | -€2,721 | -41.1% |
| Other amounts receivable | 41 | €1,456 | €1,562 | +€106 | +7.3% |
| Current investments | 50/53 | €41,000 | €65,000 | +€24,000 | +58.5% |
| Cash at bank and in hand | 54/58 | €29,946 | €50,224 | +€20,278 | +67.7% |
| Deferred charges and accrued income | 490/1 | €19,394 | €14,798 | -€4,596 | -23.7% |
| Total equity and liabilities | 10/49 | €393,034 | €371,433 | -€21,601 | -5.5% |
| Equity | 10/15 | €213,892 | €242,137 | +€28,245 | +13.2% |
| Reserves | 13 | €213,892 | €242,137 | +€28,245 | +13.2% |
| Distributable reserves | 133 | €213,892 | €242,137 | +€28,245 | +13.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €179,142 | €129,296 | -€49,846 | -27.8% |
| Amounts payable after more than one year | 17 | €104,264 | €66,163 | -€38,100 | -36.5% |
| Financial debts | 170/4 | €104,264 | €66,163 | -€38,100 | -36.5% |
| Amounts payable within one year | 42/48 | €74,878 | €63,098 | -€11,780 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €43,567 | €38,100 | -€5,466 | -12.5% |
| Trade debts | 44 | €7,854 | €5,896 | -€1,958 | -24.9% |
| Suppliers | 440/4 | €7,854 | €5,896 | -€1,958 | -24.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €23,457 | €19,102 | -€4,355 | -18.6% |
| Taxes | 450/3 | €14,935 | €10,969 | -€3,966 | -26.6% |
| Remuneration and social security | 454/9 | €8,522 | €8,133 | -€389 | -4.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €34 | +€34 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €73,102 | €83,822 | +€10,719 | +14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,453 | €62,637 | +€1,184 | +1.9% |
| Other operating charges | 640/8 | €10,660 | €9,130 | -€1,529 | -14.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €195,120 | €236,263 | +€41,143 | +21.1% |
| Operating profit (loss) | 9901 | €49,905 | €80,674 | +€30,769 | +61.7% |
| Financial income | 75/76B | €285 | €336 | +€50 | +17.6% |
| Recurring financial income | 75 | €285 | €336 | +€50 | +17.6% |
| Financial charges | 65/66B | €7,231 | €6,028 | -€1,203 | -16.6% |
| Recurring financial charges | 65 | €7,231 | €6,028 | -€1,203 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €42,959 | €74,981 | +€32,022 | +74.5% |
| Income taxes | 67/77 | €10,191 | €21,736 | +€11,545 | +113% |
| Profit (loss) for the period | 9904 | €32,768 | €53,245 | +€20,477 | +62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,768 | €53,245 | +€20,477 | +62.5% |
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.