V. IDE. OR: 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.
V. IDE. OR
Largest movements
- Cash +€29,589
up €29,589 (+105.9%), from €27,950 to €57,540
mainly Depreciation (+€16,792) and Net result for the year (+€11,755)
- Tangible fixed assets -€16,792
down €16,792 (-28.0%), from €60,026 to €43,234
of which Furniture and vehicles: -€16,129
- Receivables within one year -€6,107
down €6,107 (-71.0%), from €8,601 to €2,494
- Reserves +€11,755
up €11,755 (+2.9%), from €410,163 to €421,918
of which Distributable reserves: +€11,755
- Tax, wage and social debts -€6,215
down €6,215 (-71.6%), from €8,681 to €2,466
- Gross operating margin -€13,005
down €13,005 (-26.8%), from €48,477 to €35,473
- Taxes -€5,117
down €5,117 (-41.2%), from €12,416 to €7,299
- Financial income +€2,837
up €2,837 (+281.1%), from €1,009 to €3,847
- Financial charges +€2,504
up €2,504 (+2987.9%), from €84 to €2,587
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €438,977 | €447,132 | +€8,154 | +1.9% |
| Fixed assets | 21/28 | €60,026 | €43,234 | -€16,792 | -28.0% |
| Tangible fixed assets | 22/27 | €60,026 | €43,234 | -€16,792 | -28.0% |
| Furniture and vehicles | 24 | €58,438 | €42,308 | -€16,129 | -27.6% |
| Other tangible fixed assets | 26 | €1,588 | €926 | -€662 | -41.7% |
| Current assets | 29/58 | €378,951 | €403,897 | +€24,946 | +6.6% |
| Amounts receivable within one year | 40/41 | €8,601 | €2,494 | -€6,107 | -71.0% |
| Other amounts receivable | 41 | €8,601 | €2,494 | -€6,107 | -71.0% |
| Current investments | 50/53 | €342,400 | €343,864 | +€1,463 | +0.4% |
| Cash at bank and in hand | 54/58 | €27,950 | €57,540 | +€29,589 | +105.9% |
| Total equity and liabilities | 10/49 | €438,977 | €447,132 | +€8,154 | +1.9% |
| Equity | 10/15 | €422,568 | €434,323 | +€11,755 | +2.8% |
| Contributions | 10/11 | €12,405 | €12,405 | = | 0.0% |
| Capital | 10 | €12,405 | €12,405 | = | 0.0% |
| Issued capital | 100 | €24,800 | €24,800 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €410,163 | €421,918 | +€11,755 | +2.9% |
| Non-distributable reserves | 130/1 | €55,660 | €55,660 | = | 0.0% |
| Legal reserve | 130 | €55,660 | €55,660 | = | 0.0% |
| Distributable reserves | 133 | €354,502 | €366,258 | +€11,755 | +3.3% |
| Amounts payable | 17/49 | €16,410 | €12,809 | -€3,601 | -21.9% |
| Amounts payable within one year | 42/48 | €13,728 | €10,861 | -€2,867 | -20.9% |
| Trade debts | 44 | €406 | €3,652 | +€3,247 | +800.1% |
| Suppliers | 440/4 | €406 | €3,652 | +€3,247 | +800.1% |
| Taxes, remuneration and social security | 45 | €8,681 | €2,466 | -€6,215 | -71.6% |
| Taxes | 450/3 | €8,681 | €2,466 | -€6,215 | -71.6% |
| Other amounts payable | 47/48 | €4,642 | €4,743 | +€101 | +2.2% |
| Accrued charges and deferred income | 492/3 | €2,681 | €1,947 | -€734 | -27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,809 | €16,792 | -€17 | -0.1% |
| Other operating charges | 640/8 | €430 | €571 | +€141 | +32.8% |
| Non-recurring operating charges | 66A | €116 | €315 | +€199 | +171.8% |
| Gross operating margin | 9900 | €48,477 | €35,473 | -€13,005 | -26.8% |
| Operating profit (loss) | 9901 | €31,123 | €17,795 | -€13,328 | -42.8% |
| Financial income | 75/76B | €1,009 | €3,847 | +€2,837 | +281.1% |
| Recurring financial income | 75 | €1,009 | €3,847 | +€2,837 | +281.1% |
| Financial charges | 65/66B | €84 | €2,587 | +€2,504 | +2987.9% |
| Recurring financial charges | 65 | €84 | €2,587 | +€2,504 | +2987.9% |
| Profit (loss) for the period before taxes | 9903 | €32,049 | €19,054 | -€12,994 | -40.5% |
| Income taxes | 67/77 | €12,416 | €7,299 | -€5,117 | -41.2% |
| Profit (loss) for the period | 9904 | €19,633 | €11,755 | -€7,878 | -40.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,633 | €11,755 | -€7,878 | -40.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.