Buyse IT Projects: 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.
Buyse IT Projects
Largest movements
- Current investments +€54,695
up €54,695 (+57.1%), from €95,794 to €150,489
- Tangible fixed assets -€13,651
down €13,651 (-18.3%), from €74,757 to €61,107
of which Leasing and similar rights: -€15,294
- Receivables within one year -€6,535
down €6,535 (-64.1%), from €10,190 to €3,655
- Reserves +€36,785
up €36,785 (+18.3%), from €200,981 to €237,766
- Debts after one year -€18,620
down €18,620 (-33.8%), from €55,160 to €36,540
- Other debts +€13,588
new in 2025: €13,588
- Trade debts -€4,763
down €4,763 (-93.8%), from €5,078 to €315
- Tax, wage and social debts +€4,283
up €4,283 (+33.9%), from €12,634 to €16,917
- Financial income +€4,119
up €4,119 (+550%), from €749 to €4,869
- Taxes -€1,996
down €1,996 (-9.7%), from €20,517 to €18,520
- Gross operating margin -€1,741
down €1,741 (-1.8%), from €98,435 to €96,694
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.
Derived cash bridge
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 | €296,756 | €328,780 | +€32,025 | +10.8% |
| Fixed assets | 21/28 | €74,757 | €61,107 | -€13,651 | -18.3% |
| Tangible fixed assets | 22/27 | €74,757 | €61,107 | -€13,651 | -18.3% |
| Land and buildings | 22 | €2,719 | €2,371 | -€349 | -12.8% |
| Furniture and vehicles | 24 | €1,019 | €910 | -€108 | -10.6% |
| Leasing and similar rights | 25 | €71,019 | €55,725 | -€15,294 | -21.5% |
| Other tangible fixed assets | 26 | - | €2,100 | +€2,100 | |
| Current assets | 29/58 | €221,998 | €267,674 | +€45,675 | +20.6% |
| Amounts receivable within one year | 40/41 | €10,190 | €3,655 | -€6,535 | -64.1% |
| Other amounts receivable | 41 | €10,190 | €3,655 | -€6,535 | -64.1% |
| Current investments | 50/53 | €95,794 | €150,489 | +€54,695 | +57.1% |
| Cash at bank and in hand | 54/58 | €116,015 | €112,989 | -€3,026 | -2.6% |
| Deferred charges and accrued income | 490/1 | €0 | €541 | +€541 | |
| Total equity and liabilities | 10/49 | €296,756 | €328,780 | +€32,025 | +10.8% |
| Equity | 10/15 | €205,981 | €242,766 | +€36,785 | +17.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €200,981 | €237,766 | +€36,785 | +18.3% |
| Distributable reserves | 133 | €200,981 | €237,766 | +€36,785 | +18.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €90,775 | €86,014 | -€4,760 | -5.2% |
| Amounts payable after more than one year | 17 | €55,160 | €36,540 | -€18,620 | -33.8% |
| Financial debts | 170/4 | €55,160 | €36,540 | -€18,620 | -33.8% |
| Amounts payable within one year | 42/48 | €35,615 | €49,475 | +€13,860 | +38.9% |
| Current portion of amounts payable after more than one year | 42 | €17,903 | €18,620 | +€717 | +4.0% |
| Financial debts | 43 | - | €36 | +€36 | |
| Credit institutions | 430/8 | - | €36 | +€36 | |
| Trade debts | 44 | €5,078 | €315 | -€4,763 | -93.8% |
| Suppliers | 440/4 | €5,078 | €315 | -€4,763 | -93.8% |
| Taxes, remuneration and social security | 45 | €12,634 | €16,917 | +€4,283 | +33.9% |
| Taxes | 450/3 | €12,634 | €16,917 | +€4,283 | +33.9% |
| Other amounts payable | 47/48 | - | €13,588 | +€13,588 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,505 | €20,954 | +€449 | +2.2% |
| Other operating charges | 640/8 | €2,376 | €2,510 | +€134 | +5.7% |
| Gross operating margin | 9900 | €98,435 | €96,694 | -€1,741 | -1.8% |
| Operating profit (loss) | 9901 | €75,554 | €73,230 | -€2,324 | -3.1% |
| Financial income | 75/76B | €749 | €4,869 | +€4,119 | +550% |
| Recurring financial income | 75 | €749 | €4,869 | +€4,119 | +550% |
| Financial charges | 65/66B | €3,549 | €2,793 | -€756 | -21.3% |
| Recurring financial charges | 65 | €3,549 | €2,793 | -€756 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €72,755 | €75,305 | +€2,551 | +3.5% |
| Income taxes | 67/77 | €20,517 | €18,520 | -€1,996 | -9.7% |
| Profit (loss) for the period | 9904 | €52,238 | €56,785 | +€4,547 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €52,238 | €56,785 | +€4,547 | +8.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.