ETYS IT consulting: 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.
ETYS IT consulting
Largest movements
- Current investments +€19,000
up €19,000 (+67.9%), from €28,000 to €47,000
- Cash -€17,177
down €17,177 (-32.3%), from €53,257 to €36,080
mainly Contributions, distributions and other (-€35,000) and Current investments (-€19,000)
- Tangible fixed assets -€10,986
down €10,986 (-59.3%), from €18,511 to €7,525
of which Furniture and vehicles: -€10,816
- Receivables within one year +€2,306
up €2,306 (+12.0%), from €19,199 to €21,504
of which Other amounts receivable: +€7,252
- Profit (loss) carried forward -€12,030
down €12,030 (-80.3%), from €14,986 to €2,956
- Trade debts +€4,834
up €4,834 (+287%), from €1,684 to €6,519
- Other debts +€2,038
up €2,038 (+13.1%), from €15,565 to €17,603
- Tax, wage and social debts -€1,630
down €1,630 (-8.0%), from €20,368 to €18,737
- Gross operating margin -€24,225
down €24,225 (-35.4%), from €68,465 to €44,240
- Taxes -€4,414
down €4,414 (-36.3%), from €12,162 to €7,748
- Depreciation -€934
down €934 (-6.9%), from €13,465 to €12,531
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 | €122,674 | €115,876 | -€6,798 | -5.5% |
| Fixed assets | 21/28 | €21,395 | €10,409 | -€10,986 | -51.3% |
| Tangible fixed assets | 22/27 | €18,511 | €7,525 | -€10,986 | -59.3% |
| Furniture and vehicles | 24 | €18,341 | €7,525 | -€10,816 | -59.0% |
| Other tangible fixed assets | 26 | €170 | - | -€170 | |
| Financial fixed assets | 28 | €2,884 | €2,884 | = | 0.0% |
| Current assets | 29/58 | €101,279 | €105,467 | +€4,188 | +4.1% |
| Amounts receivable within one year | 40/41 | €19,199 | €21,504 | +€2,306 | +12.0% |
| Trade receivables | 40 | €16,540 | €11,594 | -€4,946 | -29.9% |
| Other amounts receivable | 41 | €2,659 | €9,910 | +€7,252 | +273% |
| Current investments | 50/53 | €28,000 | €47,000 | +€19,000 | +67.9% |
| Cash at bank and in hand | 54/58 | €53,257 | €36,080 | -€17,177 | -32.3% |
| Deferred charges and accrued income | 490/1 | €824 | €883 | +€59 | +7.2% |
| Total equity and liabilities | 10/49 | €122,674 | €115,876 | -€6,798 | -5.5% |
| Equity | 10/15 | €79,986 | €67,956 | -€12,030 | -15.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €62,000 | €62,000 | = | 0.0% |
| Distributable reserves | 133 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,986 | €2,956 | -€12,030 | -80.3% |
| Amounts payable | 17/49 | €42,688 | €47,920 | +€5,232 | +12.3% |
| Amounts payable within one year | 42/48 | €42,688 | €47,920 | +€5,232 | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €5,071 | €5,062 | -€9 | -0.2% |
| Trade debts | 44 | €1,684 | €6,519 | +€4,834 | +287% |
| Suppliers | 440/4 | €1,684 | €6,519 | +€4,834 | +287% |
| Taxes, remuneration and social security | 45 | €20,368 | €18,737 | -€1,630 | -8.0% |
| Taxes | 450/3 | €20,368 | €18,737 | -€1,630 | -8.0% |
| Other amounts payable | 47/48 | €15,565 | €17,603 | +€2,038 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,465 | €12,531 | -€934 | -6.9% |
| Other operating charges | 640/8 | €231 | €638 | +€407 | +176% |
| Gross operating margin | 9900 | €68,465 | €44,240 | -€24,225 | -35.4% |
| Operating profit (loss) | 9901 | €54,769 | €31,071 | -€23,698 | -43.3% |
| Financial income | 75/76B | €15 | €15 | +€0 | +2.0% |
| Recurring financial income | 75 | €15 | €15 | +€0 | +2.0% |
| Financial charges | 65/66B | €361 | €367 | +€7 | +1.9% |
| Recurring financial charges | 65 | €361 | €367 | +€7 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €54,423 | €30,718 | -€23,704 | -43.6% |
| Income taxes | 67/77 | €12,162 | €7,748 | -€4,414 | -36.3% |
| Profit (loss) for the period | 9904 | €42,260 | €22,970 | -€19,290 | -45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €42,260 | €22,970 | -€19,290 | -45.6% |
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 28 October 2026 via checked.be.