14 IT: 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.
14 IT
Largest movements
- Receivables within one year -€38,519
down €38,519 (-55.7%), from €69,191 to €30,673
of which Trade receivables: -€25,529
- Tangible fixed assets -€4,650
down €4,650 (-74.0%), from €6,281 to €1,631
- Cash -€2,105
down €2,105 (-14.3%), from €14,769 to €12,663
mainly Other debts (-€32,602) and Net result for the year (-€22,444)
- Other debts -€32,602
down €32,602 (-70.9%), from €45,970 to €13,367
- Profit (loss) carried forward -€22,444
down €22,444, from €13,382 to -€9,062
- Trade debts +€14,550
new in 2025: €14,550
- Short-term financial debts -€2,823
down €2,823 (-58.4%), from €4,837 to €2,015
- Debts after one year -€1,955
no longer reported in 2025 (was €1,955)
- Turnover -€73,775
no longer reported in 2025 (was €73,775)
- Purchases and services -€49,532
no longer reported in 2025 (was €49,532)
- Gross operating margin -€28,640
down €28,640, from €12,843 to -€15,797
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 | €90,241 | €44,966 | -€45,274 | -50.2% |
| Fixed assets | 21/28 | €6,281 | €1,631 | -€4,650 | -74.0% |
| Tangible fixed assets | 22/27 | €6,281 | €1,631 | -€4,650 | -74.0% |
| Furniture and vehicles | 24 | €6,281 | €1,631 | -€4,650 | -74.0% |
| Current assets | 29/58 | €83,960 | €43,336 | -€40,624 | -48.4% |
| Amounts receivable within one year | 40/41 | €69,191 | €30,673 | -€38,519 | -55.7% |
| Trade receivables | 40 | €50,373 | €24,844 | -€25,529 | -50.7% |
| Other amounts receivable | 41 | €18,818 | €5,829 | -€12,989 | -69.0% |
| Cash at bank and in hand | 54/58 | €14,769 | €12,663 | -€2,105 | -14.3% |
| Total equity and liabilities | 10/49 | €90,241 | €44,966 | -€45,274 | -50.2% |
| Equity | 10/15 | €37,479 | €15,035 | -€22,444 | -59.9% |
| Reserves | 13 | €24,097 | €24,097 | = | 0.0% |
| Distributable reserves | 133 | €24,097 | €24,097 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,382 | -€9,062 | -€22,444 | |
| Amounts payable | 17/49 | €52,762 | €29,932 | -€22,830 | -43.3% |
| Amounts payable after more than one year | 17 | €1,955 | - | -€1,955 | |
| Financial debts | 170/4 | €1,955 | - | -€1,955 | |
| Amounts payable within one year | 42/48 | €50,807 | €29,932 | -€20,875 | -41.1% |
| Financial debts | 43 | €4,837 | €2,015 | -€2,823 | -58.4% |
| Credit institutions | 430/8 | €4,837 | €2,015 | -€2,823 | -58.4% |
| Trade debts | 44 | - | €14,550 | +€14,550 | |
| Suppliers | 440/4 | - | €14,550 | +€14,550 | |
| Other amounts payable | 47/48 | €45,970 | €13,367 | -€32,602 | -70.9% |
| Turnover | 70 | €73,775 | - | -€73,775 | |
| Goods, raw materials, services and sundry goods | 60/61 | €49,532 | - | -€49,532 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,650 | €4,650 | = | 0.0% |
| Other operating charges | 640/8 | €735 | €656 | -€79 | -10.7% |
| Gross operating margin | 9900 | €12,843 | -€15,797 | -€28,640 | |
| Operating profit (loss) | 9901 | €7,458 | -€21,103 | -€28,562 | |
| Financial charges | 65/66B | €566 | €266 | -€300 | -53.0% |
| Recurring financial charges | 65 | €566 | €266 | -€300 | -53.0% |
| Profit (loss) for the period before taxes | 9903 | €6,893 | -€21,370 | -€28,262 | |
| Income taxes | 67/77 | €1,267 | €1,074 | -€193 | -15.2% |
| Profit (loss) for the period | 9904 | €5,625 | -€22,444 | -€28,069 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,625 | -€22,444 | -€28,069 |
Source: filed annual accounts (NBB), fiscal years ended 29 June 2024 and 29 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.