I.T. SOLUTIONS: 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. SOLUTIONS
Largest movements
- Financial fixed assets +€750,000
up €750,000 (+26.0%), from €2.9m to €3.6m
- Cash +€140,138
up €140,138 (+607%), from €23,083 to €163,221
mainly Short-term financial debts (+€737,106) and Depreciation (+€136,064)
- Receivables within one year -€63,004
down €63,004 (-31.2%), from €201,752 to €138,747
of which Trade receivables: -€75,592
- Short-term financial debts +€737,106
up €737,106 (+246%), from €300,026 to €1.0m
- Debts after one year +€120,249
up €120,249 (+5.2%), from €2.3m to €2.5m
- Reserves +€65,885
up €65,885 (+3.8%), from €1.7m to €1.8m
- Other debts -€65,077
down €65,077 (-12.2%), from €535,504 to €470,427
- Financial income +€94,420
up €94,420 (+1,512%), from €6,245 to €100,665
of which Non-recurring financial income: +€95,207
- Gross operating margin -€74,563
down €74,563 (-33.1%), from €225,562 to €150,999
- Depreciation +€16,241
up €16,241 (+13.6%), from €119,823 to €136,064
- Taxes -€12,937
down €12,937 (-67.2%), from €19,259 to €6,321
- Other operating charges -€6,687
down €6,687 (-33.7%), from €19,864 to €13,176
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 | €5,264,705 | €6,127,040 | +€862,335 | +16.4% |
| Fixed assets | 21/28 | €4,947,870 | €5,733,072 | +€785,202 | +15.9% |
| Tangible fixed assets | 22/27 | €2,058,186 | €2,093,388 | +€35,202 | +1.7% |
| Land and buildings | 22 | €790,786 | €849,178 | +€58,392 | +7.4% |
| Plant, machinery and equipment | 23 | €1,260,463 | €1,239,661 | -€20,802 | -1.7% |
| Furniture and vehicles | 24 | €6,937 | €4,549 | -€2,388 | -34.4% |
| Financial fixed assets | 28 | €2,889,684 | €3,639,684 | +€750,000 | +26.0% |
| Current assets | 29/58 | €316,835 | €393,968 | +€77,134 | +24.3% |
| Amounts receivable within one year | 40/41 | €201,752 | €138,747 | -€63,004 | -31.2% |
| Trade receivables | 40 | €99,610 | €24,019 | -€75,592 | -75.9% |
| Other amounts receivable | 41 | €102,141 | €114,729 | +€12,588 | +12.3% |
| Cash at bank and in hand | 54/58 | €23,083 | €163,221 | +€140,138 | +607% |
| Deferred charges and accrued income | 490/1 | €92,000 | €92,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €5,264,705 | €6,127,040 | +€862,335 | +16.4% |
| Equity | 10/15 | €1,991,473 | €2,057,358 | +€65,885 | +3.3% |
| Contributions | 10/11 | €268,500 | €268,500 | = | 0.0% |
| Reserves | 13 | €1,716,521 | €1,782,406 | +€65,885 | +3.8% |
| Distributable reserves | 133 | €1,716,521 | €1,782,406 | +€65,885 | +3.8% |
| Investment grants | 15 | €6,453 | €6,453 | = | 0.0% |
| Amounts payable | 17/49 | €3,273,231 | €4,069,682 | +€796,451 | +24.3% |
| Amounts payable after more than one year | 17 | €2,329,752 | €2,450,000 | +€120,249 | +5.2% |
| Financial debts | 170/4 | €2,329,752 | €2,450,000 | +€120,249 | +5.2% |
| Amounts payable within one year | 42/48 | €943,480 | €1,619,682 | +€676,202 | +71.7% |
| Financial debts | 43 | €300,026 | €1,037,131 | +€737,106 | +246% |
| Credit institutions | 430/8 | €300,026 | €1,037,131 | +€737,106 | +246% |
| Trade debts | 44 | €35,960 | €35,754 | -€206 | -0.6% |
| Suppliers | 440/4 | €35,960 | €35,754 | -€206 | -0.6% |
| Taxes, remuneration and social security | 45 | €71,990 | €76,369 | +€4,379 | +6.1% |
| Taxes | 450/3 | €71,990 | €76,369 | +€4,379 | +6.1% |
| Other amounts payable | 47/48 | €535,504 | €470,427 | -€65,077 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,823 | €136,064 | +€16,241 | +13.6% |
| Other operating charges | 640/8 | €19,864 | €13,176 | -€6,687 | -33.7% |
| Non-recurring operating charges | 66A | €2,453 | - | -€2,453 | |
| Gross operating margin | 9900 | €225,562 | €150,999 | -€74,563 | -33.1% |
| Operating profit (loss) | 9901 | €83,421 | €1,758 | -€81,663 | -97.9% |
| Financial income | 75/76B | €6,245 | €100,665 | +€94,420 | +1,512% |
| Recurring financial income | 75 | €6,245 | €5,459 | -€786 | -12.6% |
| Non-recurring financial income | 76B | - | €95,207 | +€95,207 | |
| Financial charges | 65/66B | €24,786 | €30,217 | +€5,431 | +21.9% |
| Recurring financial charges | 65 | €24,786 | €30,217 | +€5,431 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | €64,880 | €72,206 | +€7,326 | +11.3% |
| Income taxes | 67/77 | €19,259 | €6,321 | -€12,937 | -67.2% |
| Profit (loss) for the period | 9904 | €45,622 | €65,885 | +€20,263 | +44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €45,622 | €65,885 | +€20,263 | +44.4% |
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 24 October 2026 via checked.be.