G.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.
G.IT
Largest movements
- Cash +€21,797
up €21,797 (+54.6%), from €39,944 to €61,741
mainly Net result for the year (+€37,255) and Tax, wage and social debts (+€2,168)
- Tangible fixed assets +€1,759
up €1,759 (+89.6%), from €1,964 to €3,723
of which Furniture and vehicles: +€1,377
- Reserves +€59,004
new in 2025: €59,004
- Profit (loss) carried forward -€21,749
no longer reported in 2025 (was €21,749)
- Other debts -€16,028
no longer reported in 2025 (was €16,028)
- Tax, wage and social debts +€2,168
up €2,168 (+18.5%), from €11,720 to €13,888
- Gross operating margin +€21,366
up €21,366 (+70.3%), from €30,373 to €51,739
- Taxes +€4,027
up €4,027 (+66.1%), from €6,089 to €10,116
- Financial charges +€3,281
up €3,281 (+6,132%), from €54 to €3,334
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 | €51,998 | €75,784 | +€23,786 | +45.7% |
| Fixed assets | 21/28 | €1,964 | €3,723 | +€1,759 | +89.6% |
| Tangible fixed assets | 22/27 | €1,964 | €3,723 | +€1,759 | +89.6% |
| Plant, machinery and equipment | 23 | €1,964 | €2,346 | +€383 | +19.5% |
| Furniture and vehicles | 24 | - | €1,377 | +€1,377 | |
| Current assets | 29/58 | €50,034 | €72,061 | +€22,026 | +44.0% |
| Amounts receivable within one year | 40/41 | €9,615 | €9,910 | +€295 | +3.1% |
| Trade receivables | 40 | €9,615 | €9,908 | +€293 | +3.1% |
| Other amounts receivable | 41 | - | €2 | +€2 | |
| Cash at bank and in hand | 54/58 | €39,944 | €61,741 | +€21,797 | +54.6% |
| Deferred charges and accrued income | 490/1 | €475 | €409 | -€66 | -13.9% |
| Total equity and liabilities | 10/49 | €51,998 | €75,784 | +€23,786 | +45.7% |
| Equity | 10/15 | €24,249 | €61,504 | +€37,255 | +154% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €59,004 | +€59,004 | |
| Distributable reserves | 133 | - | €59,004 | +€59,004 | |
| Profit (loss) carried forward | 14 | €21,749 | - | -€21,749 | |
| Amounts payable | 17/49 | €27,749 | €14,280 | -€13,469 | -48.5% |
| Amounts payable within one year | 42/48 | €27,749 | €14,280 | -€13,469 | -48.5% |
| Trade debts | 44 | - | €392 | +€392 | |
| Suppliers | 440/4 | - | €392 | +€392 | |
| Taxes, remuneration and social security | 45 | €11,720 | €13,888 | +€2,168 | +18.5% |
| Taxes | 450/3 | €11,720 | €13,888 | +€2,168 | +18.5% |
| Other amounts payable | 47/48 | €16,028 | - | -€16,028 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €569 | €972 | +€403 | +70.9% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €30,373 | €51,739 | +€21,366 | +70.3% |
| Operating profit (loss) | 9901 | €29,742 | €50,705 | +€20,963 | +70.5% |
| Financial charges | 65/66B | €54 | €3,334 | +€3,281 | +6,132% |
| Recurring financial charges | 65 | €54 | €3,334 | +€3,281 | +6,132% |
| Profit (loss) for the period before taxes | 9903 | €29,689 | €47,371 | +€17,682 | +59.6% |
| Income taxes | 67/77 | €6,089 | €10,116 | +€4,027 | +66.1% |
| Profit (loss) for the period | 9904 | €23,600 | €37,255 | +€13,655 | +57.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,600 | €37,255 | +€13,655 | +57.9% |
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 15 October 2026 via checked.be.