UW IDEE: 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.
UW IDEE
Largest movements
- Receivables within one year -€61,864
down €61,864 (-72.4%), from €85,399 to €23,535
of which Other amounts receivable: -€51,894
- Cash +€21,277
up €21,277 (+90,349%), from €24 to €21,301
mainly Receivables within one year (+€61,864) and Depreciation (+€20,255)
- Tangible fixed assets -€15,611
down €15,611 (-5.0%), from €309,522 to €293,912
of which Plant, machinery and equipment: -€9,448
- Short-term financial debts -€53,131
no longer reported in 2025 (was €53,131)
- Debts after one year -€20,654
down €20,654 (-9.0%), from €229,495 to €208,841
- Tax, wage and social debts +€10,131
up €10,131 (+276%), from €3,675 to €13,806
of which Taxes: +€10,606
- Gross operating margin +€10,062
up €10,062 (+39.0%), from €25,828 to €35,891
- Depreciation +€8,798
up €8,798 (+76.8%), from €11,456 to €20,255
- Financial charges +€6,087
up €6,087 (+102%), from €5,965 to €12,051
- Staff costs -€1,689
no longer reported in 2025 (was €1,689)
- Taxes +€495
up €495 (+387%), from €128 to €623
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 | €413,053 | €356,022 | -€57,030 | -13.8% |
| Fixed assets | 21/28 | €309,522 | €293,912 | -€15,611 | -5.0% |
| Tangible fixed assets | 22/27 | €309,522 | €293,912 | -€15,611 | -5.0% |
| Land and buildings | 22 | €259,180 | €255,942 | -€3,238 | -1.2% |
| Plant, machinery and equipment | 23 | €34,195 | €24,747 | -€9,448 | -27.6% |
| Furniture and vehicles | 24 | €1,637 | €929 | -€708 | -43.2% |
| Other tangible fixed assets | 26 | €14,511 | €12,294 | -€2,217 | -15.3% |
| Current assets | 29/58 | €103,530 | €62,111 | -€41,420 | -40.0% |
| Stocks and contracts in progress | 3 | €13,032 | €11,551 | -€1,481 | -11.4% |
| Stocks | 30/36 | €13,032 | €11,551 | -€1,481 | -11.4% |
| Amounts receivable within one year | 40/41 | €85,399 | €23,535 | -€61,864 | -72.4% |
| Trade receivables | 40 | €33,505 | €23,535 | -€9,970 | -29.8% |
| Other amounts receivable | 41 | €51,894 | - | -€51,894 | |
| Cash at bank and in hand | 54/58 | €24 | €21,301 | +€21,277 | +90,349% |
| Deferred charges and accrued income | 490/1 | €5,075 | €5,724 | +€649 | +12.8% |
| Total equity and liabilities | 10/49 | €413,053 | €356,022 | -€57,030 | -13.8% |
| Equity | 10/15 | €88,789 | €89,503 | +€714 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €70,189 | €70,903 | +€714 | +1.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €68,329 | €69,043 | +€714 | +1.0% |
| Amounts payable | 17/49 | €324,264 | €266,520 | -€57,744 | -17.8% |
| Amounts payable after more than one year | 17 | €229,495 | €208,841 | -€20,654 | -9.0% |
| Financial debts | 170/4 | €229,495 | €208,841 | -€20,654 | -9.0% |
| Amounts payable within one year | 42/48 | €94,768 | €57,678 | -€37,090 | -39.1% |
| Current portion of amounts payable after more than one year | 42 | €19,824 | €20,654 | +€829 | +4.2% |
| Financial debts | 43 | €53,131 | - | -€53,131 | |
| Credit institutions | 430/8 | €53,131 | - | -€53,131 | |
| Trade debts | 44 | €11,987 | €15,600 | +€3,613 | +30.1% |
| Suppliers | 440/4 | €11,987 | €15,600 | +€3,613 | +30.1% |
| Taxes, remuneration and social security | 45 | €3,675 | €13,806 | +€10,131 | +276% |
| Taxes | 450/3 | - | €10,606 | +€10,606 | |
| Remuneration and social security | 454/9 | €3,675 | €3,200 | -€475 | -12.9% |
| Other amounts payable | 47/48 | €6,151 | €7,619 | +€1,467 | +23.9% |
| Remuneration, social security and pensions | 62 | €1,689 | - | -€1,689 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,456 | €20,255 | +€8,798 | +76.8% |
| Other operating charges | 640/8 | €693 | €648 | -€45 | -6.5% |
| Gross operating margin | 9900 | €25,828 | €35,891 | +€10,062 | +39.0% |
| Operating profit (loss) | 9901 | €11,991 | €14,988 | +€2,997 | +25.0% |
| Financial charges | 65/66B | €5,965 | €12,051 | +€6,087 | +102% |
| Recurring financial charges | 65 | €5,965 | €12,051 | +€6,087 | +102% |
| Profit (loss) for the period before taxes | 9903 | €6,026 | €2,937 | -€3,089 | -51.3% |
| Income taxes | 67/77 | €128 | €623 | +€495 | +387% |
| Profit (loss) for the period | 9904 | €5,898 | €2,314 | -€3,584 | -60.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,898 | €2,314 | -€3,584 | -60.8% |
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 16 October 2026 via checked.be.