Functional-IT: 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.
Functional-IT
Largest movements
- Receivables within one year +€25,335
up €25,335 (+63.1%), from €40,123 to €65,458
of which Trade receivables: +€18,484
- Cash -€14,139
down €14,139 (-18.8%), from €75,388 to €61,250
mainly Receivables within one year (-€25,335) and Contributions, distributions and other (-€19,700)
- Tangible fixed assets -€2,997
down €2,997 (-37.7%), from €7,948 to €4,950
of which Plant, machinery and equipment: -€1,648
- Other debts +€19,978
up €19,978 (+188%), from €10,650 to €30,627
- Reserves -€13,900
down €13,900 (-13.8%), from €101,060 to €87,160
- Tax, wage and social debts +€3,832
up €3,832 (+49.9%), from €7,684 to €11,516
- Trade debts -€1,903
down €1,903 (-64.1%), from €2,971 to €1,068
- Gross operating margin -€9,110
down €9,110 (-30.6%), from €29,757 to €20,648
- Financial charges +€5,734
up €5,734 (+317%), from €1,810 to €7,544
of which Non-recurring financial charges: +€3,624
- Taxes -€3,930
down €3,930 (-54.4%), from €7,224 to €3,294
- Depreciation +€1,225
up €1,225 (+69.1%), from €1,772 to €2,997
- Other operating charges -€482
down €482 (-24.6%), from €1,956 to €1,474
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 | €124,679 | €133,550 | +€8,871 | +7.1% |
| Fixed assets | 21/28 | €7,948 | €4,950 | -€2,997 | -37.7% |
| Tangible fixed assets | 22/27 | €7,948 | €4,950 | -€2,997 | -37.7% |
| Plant, machinery and equipment | 23 | €4,305 | €2,658 | -€1,648 | -38.3% |
| Furniture and vehicles | 24 | €3,642 | €2,292 | -€1,350 | -37.1% |
| Current assets | 29/58 | €116,732 | €128,599 | +€11,868 | +10.2% |
| Amounts receivable within one year | 40/41 | €40,123 | €65,458 | +€25,335 | +63.1% |
| Trade receivables | 40 | €37,141 | €55,625 | +€18,484 | +49.8% |
| Other amounts receivable | 41 | €2,982 | €9,833 | +€6,851 | +230% |
| Cash at bank and in hand | 54/58 | €75,388 | €61,250 | -€14,139 | -18.8% |
| Deferred charges and accrued income | 490/1 | €1,220 | €1,892 | +€672 | +55.1% |
| Total equity and liabilities | 10/49 | €124,679 | €133,550 | +€8,871 | +7.1% |
| Equity | 10/15 | €103,074 | €89,195 | -€13,879 | -13.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | - | -€12,400 | |
| Other | 1109/19 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €101,060 | €87,160 | -€13,900 | -13.8% |
| Distributable reserves | 133 | €101,060 | €87,160 | -€13,900 | -13.8% |
| Profit (loss) carried forward | 14 | -€10,386 | -€10,365 | +€21 | +0.2% |
| Amounts payable | 17/49 | €21,605 | €44,355 | +€22,750 | +105% |
| Amounts payable within one year | 42/48 | €21,305 | €43,212 | +€21,907 | +103% |
| Trade debts | 44 | €2,971 | €1,068 | -€1,903 | -64.1% |
| Suppliers | 440/4 | €2,971 | €1,068 | -€1,903 | -64.1% |
| Taxes, remuneration and social security | 45 | €7,684 | €11,516 | +€3,832 | +49.9% |
| Taxes | 450/3 | €7,684 | €11,516 | +€3,832 | +49.9% |
| Other amounts payable | 47/48 | €10,650 | €30,627 | +€19,978 | +188% |
| Accrued charges and deferred income | 492/3 | €300 | €1,143 | +€843 | +281% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,772 | €2,997 | +€1,225 | +69.1% |
| Other operating charges | 640/8 | €1,956 | €1,474 | -€482 | -24.6% |
| Gross operating margin | 9900 | €29,757 | €20,648 | -€9,110 | -30.6% |
| Operating profit (loss) | 9901 | €26,029 | €16,177 | -€9,853 | -37.9% |
| Financial income | 75/76B | €689 | €482 | -€206 | -30.0% |
| Recurring financial income | 75 | €689 | €482 | -€206 | -30.0% |
| Financial charges | 65/66B | €1,810 | €7,544 | +€5,734 | +317% |
| Recurring financial charges | 65 | €1,810 | €3,920 | +€2,110 | +117% |
| Non-recurring financial charges | 66B | - | €3,624 | +€3,624 | |
| Profit (loss) for the period before taxes | 9903 | €24,908 | €9,115 | -€15,793 | -63.4% |
| Income taxes | 67/77 | €7,224 | €3,294 | -€3,930 | -54.4% |
| Profit (loss) for the period | 9904 | €17,684 | €5,821 | -€11,863 | -67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,684 | €5,821 | -€11,863 | -67.1% |
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 19 October 2026 via checked.be.