2improveIT: 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.
2improveIT
Largest movements
- Tangible fixed assets +€44,119
up €44,119 (+19.0%), from €232,260 to €276,379
of which Furniture and vehicles: +€46,675
- Receivables within one year -€25,285
down €25,285 (-28.0%), from €90,355 to €65,071
of which Trade receivables: -€26,280
- Profit (loss) carried forward -€17,790
new in 2025: -€17,790
- Tax, wage and social debts +€13,642
up €13,642 (+38.4%), from €35,502 to €49,144
of which Taxes: +€12,840
- Current portion of long-term debt +€10,031
up €10,031 (+38.5%), from €26,081 to €36,112
- Debts after one year +€8,521
up €8,521 (+4.8%), from €175,721 to €184,242
- Gross operating margin -€77,459
down €77,459 (-48.4%), from €160,030 to €82,571
- Taxes -€21,767
down €21,767 (-98.8%), from €22,020 to €254
- Depreciation +€6,645
up €6,645 (+57.7%), from €11,523 to €18,168
- Staff costs +€4,584
up €4,584 (+6.8%), from €67,670 to €72,255
- Other operating charges +€3,351
up €3,351 (+168.2%), from €1,993 to €5,344
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 | €386,803 | €401,359 | +€14,556 | +3.8% |
| Fixed assets | 21/28 | €232,260 | €276,379 | +€44,119 | +19.0% |
| Tangible fixed assets | 22/27 | €232,260 | €276,379 | +€44,119 | +19.0% |
| Land and buildings | 22 | €228,460 | €225,903 | -€2,557 | -1.1% |
| Furniture and vehicles | 24 | €3,801 | €50,476 | +€46,675 | +1228.1% |
| Current assets | 29/58 | €154,543 | €124,980 | -€29,563 | -19.1% |
| Amounts receivable within one year | 40/41 | €90,355 | €65,071 | -€25,285 | -28.0% |
| Trade receivables | 40 | €76,994 | €50,715 | -€26,280 | -34.1% |
| Other amounts receivable | 41 | €13,361 | €14,356 | +€995 | +7.4% |
| Cash at bank and in hand | 54/58 | €60,624 | €58,637 | -€1,987 | -3.3% |
| Deferred charges and accrued income | 490/1 | €3,564 | €1,273 | -€2,291 | -64.3% |
| Total equity and liabilities | 10/49 | €386,803 | €401,359 | +€14,556 | +3.8% |
| Equity | 10/15 | €140,024 | €122,233 | -€17,790 | -12.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €127,624 | €127,624 | = | 0.0% |
| Distributable reserves | 133 | €127,624 | €127,624 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€17,790 | -€17,790 | |
| Amounts payable | 17/49 | €246,780 | €279,126 | +€32,346 | +13.1% |
| Amounts payable after more than one year | 17 | €175,721 | €184,242 | +€8,521 | +4.8% |
| Financial debts | 170/4 | €175,721 | €184,242 | +€8,521 | +4.8% |
| Amounts payable within one year | 42/48 | €71,058 | €94,792 | +€23,733 | +33.4% |
| Current portion of amounts payable after more than one year | 42 | €26,081 | €36,112 | +€10,031 | +38.5% |
| Trade debts | 44 | €9,476 | €9,535 | +€60 | +0.6% |
| Suppliers | 440/4 | €9,476 | €9,535 | +€60 | +0.6% |
| Taxes, remuneration and social security | 45 | €35,502 | €49,144 | +€13,642 | +38.4% |
| Taxes | 450/3 | €9,633 | €22,473 | +€12,840 | +133.3% |
| Remuneration and social security | 454/9 | €25,869 | €26,671 | +€802 | +3.1% |
| Accrued charges and deferred income | 492/3 | - | €92 | +€92 | |
| Non-recurring operating income | 76A | - | €880 | +€880 | |
| Remuneration, social security and pensions | 62 | €67,670 | €72,255 | +€4,584 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,523 | €18,168 | +€6,645 | +57.7% |
| Other operating charges | 640/8 | €1,993 | €5,344 | +€3,351 | +168.2% |
| Gross operating margin | 9900 | €160,030 | €82,571 | -€77,459 | -48.4% |
| Operating profit (loss) | 9901 | €78,844 | -€13,195 | -€92,039 | |
| Financial income | 75/76B | €624 | €1,000 | +€375 | +60.1% |
| Recurring financial income | 75 | €624 | €1,000 | +€375 | +60.1% |
| Financial charges | 65/66B | €4,791 | €5,341 | +€551 | +11.5% |
| Recurring financial charges | 65 | €4,791 | €5,341 | +€551 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €74,678 | -€17,537 | -€92,214 | |
| Income taxes | 67/77 | €22,020 | €254 | -€21,767 | -98.8% |
| Profit (loss) for the period | 9904 | €52,657 | -€17,790 | -€70,448 | |
| Profit (loss) for the period to be appropriated | 9905 | €52,657 | -€17,790 | -€70,448 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.