B-square IT services: 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.
B-square IT services
Largest movements
- Cash -€39,801
down €39,801 (-50.0%), from €79,584 to €39,783
mainly Contributions, distributions and other (-€67,386) and Other debts (-€17,614)
- Receivables within one year +€10,073
up €10,073 (+37.4%), from €26,959 to €37,032
of which Trade receivables: +€13,841
- Deferred charges and accrued income +€8,602
up €8,602 (+828%), from €1,039 to €9,642
- Other debts -€17,614
down €17,614 (-20.7%), from €85,000 to €67,386
- Tax, wage and social debts -€11,873
down €11,873 (-60.9%), from €19,496 to €7,623
- Trade debts +€9,010
up €9,010 (+442%), from €2,038 to €11,048
- Gross operating margin -€20,013
down €20,013 (-19.0%), from €105,128 to €85,116
- Taxes -€9,891
down €9,891 (-36.6%), from €27,053 to €17,162
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,682 | €88,557 | -€21,125 | -19.3% |
| Fixed assets | 21/28 | €2,100 | €2,100 | = | 0.0% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €107,582 | €86,457 | -€21,125 | -19.6% |
| Amounts receivable within one year | 40/41 | €26,959 | €37,032 | +€10,073 | +37.4% |
| Trade receivables | 40 | €21,104 | €34,945 | +€13,841 | +65.6% |
| Other amounts receivable | 41 | €5,855 | €2,087 | -€3,768 | -64.3% |
| Cash at bank and in hand | 54/58 | €79,584 | €39,783 | -€39,801 | -50.0% |
| Deferred charges and accrued income | 490/1 | €1,039 | €9,642 | +€8,602 | +828% |
| Total equity and liabilities | 10/49 | €109,682 | €88,557 | -€21,125 | -19.3% |
| Equity | 10/15 | €3,148 | €2,500 | -€648 | -20.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €648 | €0 | -€648 | -100% |
| Distributable reserves | 133 | €648 | €0 | -€648 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €106,534 | €86,057 | -€20,477 | -19.2% |
| Amounts payable within one year | 42/48 | €106,534 | €86,057 | -€20,477 | -19.2% |
| Trade debts | 44 | €2,038 | €11,048 | +€9,010 | +442% |
| Suppliers | 440/4 | €2,038 | €11,048 | +€9,010 | +442% |
| Taxes, remuneration and social security | 45 | €19,496 | €7,623 | -€11,873 | -60.9% |
| Taxes | 450/3 | €19,496 | €7,623 | -€11,873 | -60.9% |
| Other amounts payable | 47/48 | €85,000 | €67,386 | -€17,614 | -20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,034 | €1,065 | +€31 | +3.0% |
| Gross operating margin | 9900 | €105,128 | €85,116 | -€20,013 | -19.0% |
| Operating profit (loss) | 9901 | €104,095 | €84,051 | -€20,044 | -19.3% |
| Financial income | 75/76B | €604 | €141 | -€463 | -76.7% |
| Recurring financial income | 75 | €604 | €141 | -€463 | -76.7% |
| Financial charges | 65/66B | €427 | €292 | -€135 | -31.7% |
| Recurring financial charges | 65 | €427 | €292 | -€135 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | €104,272 | €83,900 | -€20,372 | -19.5% |
| Income taxes | 67/77 | €27,053 | €17,162 | -€9,891 | -36.6% |
| Profit (loss) for the period | 9904 | €77,219 | €66,738 | -€10,481 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €77,219 | €66,738 | -€10,481 | -13.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.