INFORMATION MANAGEMENT & TECHNOLOGIES: what changed
Two fiscal 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.
INFORMATION MANAGEMENT & TECHNOLOGIES
Largest movements
- Tangible fixed assets +€189,985
up €189,985 (+69.6%), from €273,153 to €463,138
of which Assets under construction and advance payments: +€116,446
- Cash -€110,269
down €110,269 (-53.4%), from €206,309 to €96,040
mainly Investment in fixed assets (net) (-€212,108) and Receivables within one year (-€8,642)
- Receivables within one year +€8,642
up €8,642 (+167.4%), from €5,163 to €13,805
of which Trade receivables: +€4,816
- Debts after one year +€48,312
up €48,312 (+23.6%), from €204,516 to €252,828
- Profit (loss) carried forward +€29,152
new in 2025: €29,152
- Current portion of long-term debt +€17,678
up €17,678 (+122.7%), from €14,404 to €32,082
- Financial charges +€21,314
up €21,314 (+472.9%), from €4,507 to €25,821
- Taxes -€14,679
down €14,679 (-63.0%), from €23,304 to €8,625
- Financial income -€11,877
down €11,877 (-88.1%), from €13,483 to €1,606
- Depreciation +€11,791
up €11,791 (+114.1%), from €10,332 to €22,123
- Gross operating margin +€3,636
up €3,636 (+4.2%), from €86,160 to €89,795
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.
Cash bridge derived
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 | €494,583 | €587,331 | +€92,748 | +18.8% |
| Fixed assets | 21/28 | €276,513 | €466,498 | +€189,985 | +68.7% |
| Tangible fixed assets | 22/27 | €273,153 | €463,138 | +€189,985 | +69.6% |
| Land and buildings | 22 | €269,653 | €262,405 | -€7,248 | -2.7% |
| Furniture and vehicles | 24 | €3,501 | €84,287 | +€80,787 | +2307.7% |
| Assets under construction and advance payments | 27 | - | €116,446 | +€116,446 | |
| Financial fixed assets | 28 | €3,360 | €3,360 | = | 0.0% |
| Current assets | 29/58 | €218,070 | €120,833 | -€97,237 | -44.6% |
| Amounts receivable within one year | 40/41 | €5,163 | €13,805 | +€8,642 | +167.4% |
| Trade receivables | 40 | €3,488 | €8,304 | +€4,816 | +138.1% |
| Other amounts receivable | 41 | €1,675 | €5,500 | +€3,826 | +228.5% |
| Current investments | 50/53 | €3,092 | €7,248 | +€4,156 | +134.4% |
| Cash at bank and in hand | 54/58 | €206,309 | €96,040 | -€110,269 | -53.4% |
| Deferred charges and accrued income | 490/1 | €3,506 | €3,740 | +€234 | +6.7% |
| Total equity and liabilities | 10/49 | €494,583 | €587,331 | +€92,748 | +18.8% |
| Equity | 10/15 | €174,358 | €203,510 | +€29,152 | +16.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €155,758 | €155,758 | = | 0.0% |
| Distributable reserves | 133 | €155,758 | €155,758 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €29,152 | +€29,152 | |
| Amounts payable | 17/49 | €320,225 | €383,821 | +€63,596 | +19.9% |
| Amounts payable after more than one year | 17 | €204,516 | €252,828 | +€48,312 | +23.6% |
| Financial debts | 170/4 | €204,516 | €252,828 | +€48,312 | +23.6% |
| Amounts payable within one year | 42/48 | €109,952 | €130,631 | +€20,678 | +18.8% |
| Current portion of amounts payable after more than one year | 42 | €14,404 | €32,082 | +€17,678 | +122.7% |
| Trade debts | 44 | €1,399 | €5,901 | +€4,502 | +321.8% |
| Suppliers | 440/4 | €1,399 | €5,901 | +€4,502 | +321.8% |
| Taxes, remuneration and social security | 45 | €17,349 | €12,676 | -€4,673 | -26.9% |
| Taxes | 450/3 | €14,849 | €12,676 | -€2,173 | -14.6% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €76,800 | €79,972 | +€3,171 | +4.1% |
| Accrued charges and deferred income | 492/3 | €5,756 | €362 | -€5,394 | -93.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,332 | €22,123 | +€11,791 | +114.1% |
| Other operating charges | 640/8 | €4,503 | €5,680 | +€1,177 | +26.1% |
| Gross operating margin | 9900 | €86,160 | €89,795 | +€3,636 | +4.2% |
| Operating profit (loss) | 9901 | €71,324 | €61,991 | -€9,333 | -13.1% |
| Financial income | 75/76B | €13,483 | €1,606 | -€11,877 | -88.1% |
| Recurring financial income | 75 | €13,483 | €1,606 | -€11,877 | -88.1% |
| Financial charges | 65/66B | €4,507 | €25,821 | +€21,314 | +472.9% |
| Recurring financial charges | 65 | €4,507 | €25,821 | +€21,314 | +472.9% |
| Profit (loss) for the period before taxes | 9903 | €80,300 | €37,777 | -€42,524 | -53.0% |
| Income taxes | 67/77 | €23,304 | €8,625 | -€14,679 | -63.0% |
| Profit (loss) for the period | 9904 | €56,997 | €29,152 | -€27,845 | -48.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,997 | €29,152 | -€27,845 | -48.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.