IJTITAX: 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.
IJTITAX
Largest movements
- Receivables within one year +€15,871
up €15,871 (+90.7%), from €17,500 to €33,371
of which Trade receivables: +€13,649
- Cash +€11,463
up €11,463 (+6,596%), from €174 to €11,637
mainly Net result for the year (+€14,930) and Trade debts (+€10,506)
- Tangible fixed assets +€5,364
new in 2025: €5,364
- Profit (loss) carried forward +€14,930
up €14,930 (+134%), from €11,170 to €26,100
- Trade debts +€10,506
up €10,506 (+297%), from €3,537 to €14,043
- Tax, wage and social debts +€7,262
up €7,262 (+293%), from €2,477 to €9,740
of which Taxes: +€5,582
- Gross operating margin +€26,346
up €26,346 (+341%), from €7,717 to €34,063
- Purchases and services -€23,683
no longer reported in 2025 (was €23,683)
- Staff costs +€9,615
new in 2025: €9,615
- Taxes +€2,684
up €2,684 (+281%), from €956 to €3,639
- Other operating charges +€1,412
up €1,412 (+60.5%), from €2,334 to €3,746
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 | €17,673 | €50,372 | +€32,699 | +185% |
| Fixed assets | 21/28 | - | €5,364 | +€5,364 | |
| Tangible fixed assets | 22/27 | - | €5,364 | +€5,364 | |
| Furniture and vehicles | 24 | - | €5,364 | +€5,364 | |
| Current assets | 29/58 | €17,673 | €45,008 | +€27,334 | +155% |
| Amounts receivable within one year | 40/41 | €17,500 | €33,371 | +€15,871 | +90.7% |
| Trade receivables | 40 | €3,259 | €16,909 | +€13,649 | +419% |
| Other amounts receivable | 41 | €14,240 | €16,462 | +€2,222 | +15.6% |
| Cash at bank and in hand | 54/58 | €174 | €11,637 | +€11,463 | +6,596% |
| Total equity and liabilities | 10/49 | €17,673 | €50,372 | +€32,699 | +185% |
| Equity | 10/15 | €11,420 | €26,350 | +€14,930 | +131% |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,170 | €26,100 | +€14,930 | +134% |
| Amounts payable | 17/49 | €6,254 | €24,022 | +€17,768 | +284% |
| Amounts payable within one year | 42/48 | €6,254 | €24,022 | +€17,768 | +284% |
| Financial debts | 43 | €240 | €240 | = | 0.0% |
| Credit institutions | 430/8 | €240 | €240 | = | 0.0% |
| Trade debts | 44 | €3,537 | €14,043 | +€10,506 | +297% |
| Suppliers | 440/4 | €3,537 | €14,043 | +€10,506 | +297% |
| Taxes, remuneration and social security | 45 | €2,477 | €9,740 | +€7,262 | +293% |
| Taxes | 450/3 | €2,477 | €8,060 | +€5,582 | +225% |
| Remuneration and social security | 454/9 | - | €1,680 | +€1,680 | |
| Goods, raw materials, services and sundry goods | 60/61 | €23,683 | - | -€23,683 | |
| Remuneration, social security and pensions | 62 | - | €9,615 | +€9,615 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,643 | €2,900 | -€743 | -20.4% |
| Other operating charges | 640/8 | €2,334 | €3,746 | +€1,412 | +60.5% |
| Gross operating margin | 9900 | €7,717 | €34,063 | +€26,346 | +341% |
| Operating profit (loss) | 9901 | €1,740 | €17,802 | +€16,062 | +923% |
| Financial income | 75/76B | €0 | €869 | +€869 | +8,685,400% |
| Recurring financial income | 75 | €0 | €869 | +€869 | +8,685,400% |
| Financial charges | 65/66B | €104 | €101 | -€2 | -2.4% |
| Recurring financial charges | 65 | €104 | €101 | -€2 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €1,637 | €18,570 | +€16,933 | +1,035% |
| Income taxes | 67/77 | €956 | €3,639 | +€2,684 | +281% |
| Profit (loss) for the period | 9904 | €681 | €14,930 | +€14,249 | +2,092% |
| Profit (loss) for the period to be appropriated | 9905 | €681 | €14,930 | +€14,249 | +2,092% |
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 16 October 2026 via checked.be.