I & T GROUP: 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.
I & T GROUP
Largest movements
- Deferred charges and accrued income -€61,481
down €61,481 (-91.3%), from €67,320 to €5,839
- Cash +€31,647
up €31,647 (+282%), from €11,211 to €42,858
mainly Deferred charges and accrued income (+€61,481) and Net result for the year (+€38,406)
- Receivables within one year +€12,506
up €12,506 (+23.1%), from €54,052 to €66,558
of which Trade receivables: +€13,362
- Tangible fixed assets +€1,467
new in 2025: €1,467
- Reserves +€55,000
up €55,000 (+138%), from €40,000 to €95,000
- Other debts -€43,000
no longer reported in 2025 (was €43,000)
- Profit (loss) carried forward -€16,594
down €16,594 (-87.1%), from €19,043 to €2,449
- Trade debts -€8,739
down €8,739 (-94.7%), from €9,223 to €485
- Tax, wage and social debts -€2,828
down €2,828 (-14.0%), from €20,178 to €17,350
of which Taxes: -€2,328
- Gross operating margin +€38,931
up €38,931 (+219%), from €17,755 to €56,686
- Taxes +€11,329
up €11,329 (+255%), from €4,449 to €15,777
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 | €132,583 | €116,722 | -€15,861 | -12.0% |
| Fixed assets | 21/28 | - | €1,467 | +€1,467 | |
| Tangible fixed assets | 22/27 | - | €1,467 | +€1,467 | |
| Plant, machinery and equipment | 23 | - | €1,467 | +€1,467 | |
| Current assets | 29/58 | €132,583 | €115,255 | -€17,328 | -13.1% |
| Amounts receivable within one year | 40/41 | €54,052 | €66,558 | +€12,506 | +23.1% |
| Trade receivables | 40 | €50,779 | €64,141 | +€13,362 | +26.3% |
| Other amounts receivable | 41 | €3,273 | €2,417 | -€856 | -26.1% |
| Cash at bank and in hand | 54/58 | €11,211 | €42,858 | +€31,647 | +282% |
| Deferred charges and accrued income | 490/1 | €67,320 | €5,839 | -€61,481 | -91.3% |
| Total equity and liabilities | 10/49 | €132,583 | €116,722 | -€15,861 | -12.0% |
| Equity | 10/15 | €59,043 | €97,449 | +€38,406 | +65.0% |
| Reserves | 13 | €40,000 | €95,000 | +€55,000 | +138% |
| Distributable reserves | 133 | €40,000 | €95,000 | +€55,000 | +138% |
| Profit (loss) carried forward | 14 | €19,043 | €2,449 | -€16,594 | -87.1% |
| Amounts payable | 17/49 | €73,540 | €19,274 | -€54,267 | -73.8% |
| Amounts payable within one year | 42/48 | €72,401 | €17,835 | -€54,567 | -75.4% |
| Trade debts | 44 | €9,223 | €485 | -€8,739 | -94.7% |
| Suppliers | 440/4 | €9,223 | €485 | -€8,739 | -94.7% |
| Taxes, remuneration and social security | 45 | €20,178 | €17,350 | -€2,828 | -14.0% |
| Taxes | 450/3 | €18,178 | €15,850 | -€2,328 | -12.8% |
| Remuneration and social security | 454/9 | €2,000 | €1,500 | -€500 | -25.0% |
| Other amounts payable | 47/48 | €43,000 | - | -€43,000 | |
| Accrued charges and deferred income | 492/3 | €1,139 | €1,439 | +€300 | +26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €143 | +€143 | |
| Other operating charges | 640/8 | €856 | €991 | +€135 | +15.7% |
| Gross operating margin | 9900 | €17,755 | €56,686 | +€38,931 | +219% |
| Operating profit (loss) | 9901 | €16,898 | €55,552 | +€38,654 | +229% |
| Financial charges | 65/66B | €1,170 | €1,369 | +€199 | +17.0% |
| Recurring financial charges | 65 | €1,170 | €1,369 | +€199 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €15,728 | €54,183 | +€38,455 | +244% |
| Income taxes | 67/77 | €4,449 | €15,777 | +€11,329 | +255% |
| Profit (loss) for the period | 9904 | €11,280 | €38,406 | +€27,126 | +240% |
| Profit (loss) for the period to be appropriated | 9905 | €11,280 | €38,406 | +€27,126 | +240% |
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 30 October 2026 via checked.be.