Focus on IT: 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.
Focus on IT
Largest movements
- Tangible fixed assets -€19,359
down €19,359 (-20.8%), from €93,070 to €73,711
of which Leasing and similar rights: -€25,523
- Receivables within one year -€4,700
down €4,700 (-14.1%), from €33,216 to €28,516
of which Trade receivables: -€4,590
- Cash +€1,873
up €1,873 (+5.3%), from €35,164 to €37,037
mainly Net result for the year (+€54,269) and Other debts (+€54,269)
- Other debts +€54,269
up €54,269 (+214503.6%), from €25 to €54,295
- Profit (loss) carried forward -€53,668
no longer reported in 2025 (was €53,668)
- Debts after one year -€28,200
down €28,200 (-53.3%), from €52,945 to €24,746
- Current portion of long-term debt +€3,676
up €3,676 (+15.0%), from €24,524 to €28,200
- Tax, wage and social debts +€2,366
up €2,366 (+21.9%), from €10,800 to €13,166
of which Remuneration and social security: +€2,000
- Gross operating margin +€2,320
up €2,320 (+2.2%), from €103,975 to €106,295
- Depreciation +€1,816
up €1,816 (+5.3%), from €34,060 to €35,876
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 | €166,445 | €143,376 | -€23,068 | -13.9% |
| Fixed assets | 21/28 | €93,070 | €73,711 | -€19,359 | -20.8% |
| Tangible fixed assets | 22/27 | €93,070 | €73,711 | -€19,359 | -20.8% |
| Plant, machinery and equipment | 23 | €10,290 | €17,945 | +€7,655 | +74.4% |
| Furniture and vehicles | 24 | €6,209 | €4,720 | -€1,490 | -24.0% |
| Leasing and similar rights | 25 | €76,570 | €51,047 | -€25,523 | -33.3% |
| Current assets | 29/58 | €73,375 | €69,665 | -€3,710 | -5.1% |
| Amounts receivable within one year | 40/41 | €33,216 | €28,516 | -€4,700 | -14.1% |
| Trade receivables | 40 | €22,035 | €17,445 | -€4,590 | -20.8% |
| Other amounts receivable | 41 | €11,181 | €11,071 | -€110 | -1.0% |
| Cash at bank and in hand | 54/58 | €35,164 | €37,037 | +€1,873 | +5.3% |
| Deferred charges and accrued income | 490/1 | €4,994 | €4,112 | -€883 | -17.7% |
| Total equity and liabilities | 10/49 | €166,445 | €143,376 | -€23,068 | -13.9% |
| Equity | 10/15 | €74,128 | €20,460 | -€53,668 | -72.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,668 | - | -€53,668 | |
| Amounts payable | 17/49 | €92,316 | €122,916 | +€30,600 | +33.1% |
| Amounts payable after more than one year | 17 | €52,945 | €24,746 | -€28,200 | -53.3% |
| Financial debts | 170/4 | €52,945 | €24,746 | -€28,200 | -53.3% |
| Amounts payable within one year | 42/48 | €39,211 | €98,011 | +€58,800 | +150.0% |
| Current portion of amounts payable after more than one year | 42 | €24,524 | €28,200 | +€3,676 | +15.0% |
| Trade debts | 44 | €3,862 | €2,350 | -€1,512 | -39.2% |
| Suppliers | 440/4 | €3,862 | €2,350 | -€1,512 | -39.2% |
| Taxes, remuneration and social security | 45 | €10,800 | €13,166 | +€2,366 | +21.9% |
| Taxes | 450/3 | €8,850 | €9,216 | +€366 | +4.1% |
| Remuneration and social security | 454/9 | €1,950 | €3,950 | +€2,000 | +102.6% |
| Other amounts payable | 47/48 | €25 | €54,295 | +€54,269 | +214503.6% |
| Accrued charges and deferred income | 492/3 | €160 | €160 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,060 | €35,876 | +€1,816 | +5.3% |
| Other operating charges | 640/8 | €659 | €715 | +€57 | +8.6% |
| Gross operating margin | 9900 | €103,975 | €106,295 | +€2,320 | +2.2% |
| Operating profit (loss) | 9901 | €69,256 | €69,704 | +€448 | +0.6% |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.6% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.6% |
| Financial charges | 65/66B | €1,195 | €901 | -€294 | -24.6% |
| Recurring financial charges | 65 | €1,195 | €901 | -€294 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €68,064 | €68,803 | +€739 | +1.1% |
| Income taxes | 67/77 | €14,395 | €14,533 | +€138 | +1.0% |
| Profit (loss) for the period | 9904 | €53,668 | €54,269 | +€601 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €53,668 | €54,269 | +€601 | +1.1% |
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 4 October 2026 via checked.be.