Brussels IT Tower Centre: 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.
Brussels IT Tower Centre
Largest movements
- Receivables within one year -€327,137
down €327,137 (-95.1%), from €343,906 to €16,770
of which Other amounts receivable: -€324,792
- Deferred charges and accrued income -€142,338
no longer reported in 2024 (was €142,338)
- Other debts -€372,211
down €372,211 (-23.1%), from €1.6m to €1.2m
- Accrued charges and deferred income -€45,816
down €45,816 (-31.8%), from €144,264 to €98,447
- Trade debts -€40,373
down €40,373 (-43.6%), from €92,658 to €52,286
- Profit (loss) carried forward -€26,469
down €26,469 (-1.9%), from -€1.4m to -€1.4m
- Tax, wage and social debts +€13,749
up €13,749 (+105%), from €13,096 to €26,844
- Purchases and services -€266,004
down €266,004 (-36.4%), from €730,651 to €464,647
- Turnover -€238,146
down €238,146 (-35.7%), from €667,453 to €429,306
- Gross operating margin +€27,857
up €27,857 (+44.1%), from -€63,198 to -€35,341
- Financial income +€9,642
new in 2024: €9,642
of which Financial income: +€9,642
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €487,890 | €16,770 | -€471,120 | -96.6% |
| Fixed assets | 21/28 | €1,645 | - | -€1,645 | |
| Financial fixed assets | 28 | €1,645 | - | -€1,645 | |
| Current assets | 29/58 | €486,245 | €16,770 | -€469,475 | -96.6% |
| Amounts receivable within one year | 40/41 | €343,906 | €16,770 | -€327,137 | -95.1% |
| Trade receivables | 40 | €2,345 | - | -€2,345 | |
| Other amounts receivable | 41 | €341,561 | €16,770 | -€324,792 | -95.1% |
| Deferred charges and accrued income | 490/1 | €142,338 | - | -€142,338 | |
| Total equity and liabilities | 10/49 | €487,890 | €16,770 | -€471,120 | -96.6% |
| Equity | 10/15 | -€1,375,569 | -€1,402,038 | -€26,469 | -1.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,394,119 | -€1,420,588 | -€26,469 | -1.9% |
| Amounts payable | 17/49 | €1,863,459 | €1,418,807 | -€444,652 | -23.9% |
| Amounts payable within one year | 42/48 | €1,719,195 | €1,320,360 | -€398,835 | -23.2% |
| Trade debts | 44 | €92,658 | €52,286 | -€40,373 | -43.6% |
| Suppliers | 440/4 | €92,658 | €52,286 | -€40,373 | -43.6% |
| Taxes, remuneration and social security | 45 | €13,096 | €26,844 | +€13,749 | +105% |
| Taxes | 450/3 | €13,096 | €26,844 | +€13,749 | +105% |
| Other amounts payable | 47/48 | €1,613,441 | €1,241,230 | -€372,211 | -23.1% |
| Accrued charges and deferred income | 492/3 | €144,264 | €98,447 | -€45,816 | -31.8% |
| Turnover | 70 | €667,453 | €429,306 | -€238,146 | -35.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €730,651 | €464,647 | -€266,004 | -36.4% |
| Other operating charges | 640/8 | €200 | - | -€200 | |
| Gross operating margin | 9900 | -€63,198 | -€35,341 | +€27,857 | +44.1% |
| Operating profit (loss) | 9901 | -€63,398 | -€35,341 | +€28,057 | +44.3% |
| Financial income | 75/76B | - | €9,642 | +€9,642 | |
| Recurring financial income | 75 | - | €9,642 | +€9,642 | |
| Non-recurring financial income | 76B | - | €9,642 | +€9,642 | |
| Financial charges | 65/66B | €111 | €769 | +€659 | +594% |
| Recurring financial charges | 65 | €111 | €769 | +€659 | +594% |
| Profit (loss) for the period before taxes | 9903 | -€63,509 | -€26,469 | +€37,040 | +58.3% |
| Profit (loss) for the period | 9904 | -€63,509 | -€26,469 | +€37,040 | +58.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,509 | -€26,469 | +€37,040 | +58.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.