IF-IT.be: 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.
IF-IT.be
Largest movements
- Tangible fixed assets -€35,428
down €35,428 (-8.8%), from €401,542 to €366,114
of which Land and buildings: -€25,307
- Cash -€26,827
down €26,827 (-80.0%), from €33,514 to €6,687
mainly Investment in fixed assets (net) (-€24,447) and Debts after one year (-€23,630)
- Receivables within one year +€14,687
up €14,687 (+10.0%), from €146,233 to €160,921
of which Other amounts receivable: +€22,509
- Debts after one year -€23,630
down €23,630 (-10.3%), from €229,786 to €206,155
- Profit (loss) carried forward -€20,213
down €20,213 (-54.9%), from €36,810 to €16,596
- Gross operating margin -€30,898
down €30,898 (-46.9%), from €65,834 to €34,936
- Financial income +€4,387
up €4,387 (+53.1%), from €8,255 to €12,642
- Depreciation +€3,150
up €3,150 (+5.7%), from €55,526 to €58,676
- Taxes -€1,568
down €1,568 (-100%), from €1,568 to €0
- Financial charges -€722
down €722 (-11.0%), from €6,580 to €5,858
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 | €766,169 | €723,196 | -€42,972 | -5.6% |
| Fixed assets | 21/28 | €401,542 | €367,314 | -€34,228 | -8.5% |
| Tangible fixed assets | 22/27 | €401,542 | €366,114 | -€35,428 | -8.8% |
| Land and buildings | 22 | €377,188 | €351,881 | -€25,307 | -6.7% |
| Plant, machinery and equipment | 23 | €16,215 | €9,516 | -€6,698 | -41.3% |
| Furniture and vehicles | 24 | €8,140 | €4,717 | -€3,423 | -42.0% |
| Financial fixed assets | 28 | - | €1,200 | +€1,200 | |
| Current assets | 29/58 | €364,626 | €355,882 | -€8,744 | -2.4% |
| Amounts receivable after more than one year | 29 | €180,000 | €180,000 | = | 0.0% |
| Other amounts receivable | 291 | €180,000 | €180,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €146,233 | €160,921 | +€14,687 | +10.0% |
| Trade receivables | 40 | €27,039 | €19,217 | -€7,822 | -28.9% |
| Other amounts receivable | 41 | €119,194 | €141,704 | +€22,509 | +18.9% |
| Cash at bank and in hand | 54/58 | €33,514 | €6,687 | -€26,827 | -80.0% |
| Deferred charges and accrued income | 490/1 | €4,879 | €8,275 | +€3,396 | +69.6% |
| Total equity and liabilities | 10/49 | €766,169 | €723,196 | -€42,972 | -5.6% |
| Equity | 10/15 | €482,585 | €462,372 | -€20,213 | -4.2% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €431,515 | €431,515 | = | 0.0% |
| Distributable reserves | 133 | €431,515 | €431,515 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,810 | €16,596 | -€20,213 | -54.9% |
| Amounts payable | 17/49 | €283,584 | €260,825 | -€22,759 | -8.0% |
| Amounts payable after more than one year | 17 | €229,786 | €206,155 | -€23,630 | -10.3% |
| Financial debts | 170/4 | €229,786 | €206,155 | -€23,630 | -10.3% |
| Amounts payable within one year | 42/48 | €53,798 | €54,303 | +€505 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €27,212 | €24,697 | -€2,515 | -9.2% |
| Financial debts | 43 | - | €2,545 | +€2,545 | |
| Credit institutions | 430/8 | - | €2,545 | +€2,545 | |
| Trade debts | 44 | €20,728 | €21,311 | +€583 | +2.8% |
| Suppliers | 440/4 | €20,728 | €21,311 | +€583 | +2.8% |
| Taxes, remuneration and social security | 45 | €5,858 | €5,750 | -€108 | -1.8% |
| Taxes | 450/3 | €5,858 | €5,750 | -€108 | -1.8% |
| Accrued charges and deferred income | 492/3 | - | €367 | +€367 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,526 | €58,676 | +€3,150 | +5.7% |
| Other operating charges | 640/8 | €2,779 | €3,257 | +€478 | +17.2% |
| Gross operating margin | 9900 | €65,834 | €34,936 | -€30,898 | -46.9% |
| Operating profit (loss) | 9901 | €7,529 | -€26,997 | -€34,526 | |
| Financial income | 75/76B | €8,255 | €12,642 | +€4,387 | +53.1% |
| Recurring financial income | 75 | €8,255 | €12,642 | +€4,387 | +53.1% |
| Financial charges | 65/66B | €6,580 | €5,858 | -€722 | -11.0% |
| Recurring financial charges | 65 | €6,580 | €5,858 | -€722 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €9,204 | -€20,213 | -€29,417 | |
| Income taxes | 67/77 | €1,568 | €0 | -€1,568 | -100% |
| Profit (loss) for the period | 9904 | €7,636 | -€20,213 | -€27,849 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,636 | -€20,213 | -€27,849 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.