Information Technology and Geodesy: what changed
Information Technology and Geodesy
Largest movements
- Current investments -€70,000
down €70,000 (-100%), from €70,000 to €0
- Cash +€32,433
up €32,433 (+43.6%), from €74,342 to €106,775
mainly Current investments (+€70,000) and Net result for the year (+€33,143)
- Tangible fixed assets -€30,216
down €30,216 (-6.7%), from €450,755 to €420,539
of which Furniture and vehicles: -€17,549
- Receivables within one year +€14,960
up €14,960 (+92.6%), from €16,160 to €31,120
of which Other amounts receivable: +€16,313
- Deferred charges and accrued income -€7,605
down €7,605 (-75.2%), from €10,116 to €2,511
- Trade debts -€61,766
down €61,766 (-98.5%), from €62,689 to €923
- Tax, wage and social debts -€29,857
down €29,857 (-50.3%), from €59,386 to €29,529
of which Remuneration and social security: -€24,625
- Reserves +€12,746
up €12,746 (+15.3%), from €83,546 to €96,292
- Current portion of long-term debt +€7,792
up €7,792 (+56.8%), from €13,709 to €21,501
- Gross operating margin -€16,973
down €16,973 (-7.1%), from €239,827 to €222,854
- Taxes -€11,588
down €11,588 (-57.2%), from €20,274 to €8,687
- Staff costs -€7,875
down €7,875 (-5.6%), from €141,434 to €133,559
- Depreciation +€7,139
up €7,139 (+29.2%), from €24,481 to €31,620
- Financial charges +€3,190
up €3,190 (+27.7%), from €11,529 to €14,719
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €622,598 | €562,171 | -€60,427 | -9.7% |
| Fixed assets | 21/28 | €451,980 | €421,764 | -€30,216 | -6.7% |
| Tangible fixed assets | 22/27 | €450,755 | €420,539 | -€30,216 | -6.7% |
| Land and buildings | 22 | €364,201 | €352,328 | -€11,873 | -3.3% |
| Plant, machinery and equipment | 23 | €2,964 | €3,493 | +€529 | +17.8% |
| Furniture and vehicles | 24 | €71,687 | €54,137 | -€17,549 | -24.5% |
| Other tangible fixed assets | 26 | €11,903 | €10,581 | -€1,323 | -11.1% |
| Financial fixed assets | 28 | €1,225 | €1,225 | = | 0.0% |
| Current assets | 29/58 | €170,618 | €140,406 | -€30,211 | -17.7% |
| Amounts receivable within one year | 40/41 | €16,160 | €31,120 | +€14,960 | +92.6% |
| Trade receivables | 40 | €16,160 | €14,807 | -€1,353 | -8.4% |
| Other amounts receivable | 41 | €0 | €16,313 | +€16,313 | |
| Current investments | 50/53 | €70,000 | €0 | -€70,000 | -100% |
| Cash at bank and in hand | 54/58 | €74,342 | €106,775 | +€32,433 | +43.6% |
| Deferred charges and accrued income | 490/1 | €10,116 | €2,511 | -€7,605 | -75.2% |
| Total equity and liabilities | 10/49 | €622,598 | €562,171 | -€60,427 | -9.7% |
| Equity | 10/15 | €123,546 | €140,022 | +€16,476 | +13.3% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €83,546 | €96,292 | +€12,746 | +15.3% |
| Distributable reserves | 133 | €83,546 | €96,292 | +€12,746 | +15.3% |
| Profit (loss) carried forward | 14 | €0 | €3,729 | +€3,729 | |
| Amounts payable | 17/49 | €499,052 | €422,149 | -€76,903 | -15.4% |
| Amounts payable after more than one year | 17 | €358,698 | €360,654 | +€1,956 | +0.5% |
| Financial debts | 170/4 | €358,698 | €360,654 | +€1,956 | +0.5% |
| Amounts payable within one year | 42/48 | €138,521 | €59,995 | -€78,526 | -56.7% |
| Current portion of amounts payable after more than one year | 42 | €13,709 | €21,501 | +€7,792 | +56.8% |
| Trade debts | 44 | €62,689 | €923 | -€61,766 | -98.5% |
| Suppliers | 440/4 | €62,689 | €923 | -€61,766 | -98.5% |
| Taxes, remuneration and social security | 45 | €59,386 | €29,529 | -€29,857 | -50.3% |
| Taxes | 450/3 | €23,486 | €18,254 | -€5,232 | -22.3% |
| Remuneration and social security | 454/9 | €35,900 | €11,275 | -€24,625 | -68.6% |
| Other amounts payable | 47/48 | €2,738 | €8,042 | +€5,304 | +194% |
| Accrued charges and deferred income | 492/3 | €1,833 | €1,500 | -€333 | -18.2% |
| Remuneration, social security and pensions | 62 | €141,434 | €133,559 | -€7,875 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,481 | €31,620 | +€7,139 | +29.2% |
| Other operating charges | 640/8 | €1,928 | €1,820 | -€108 | -5.6% |
| Gross operating margin | 9900 | €239,827 | €222,854 | -€16,973 | -7.1% |
| Operating profit (loss) | 9901 | €71,985 | €55,856 | -€16,129 | -22.4% |
| Financial income | 75/76B | €12 | €693 | +€681 | +5,764% |
| Recurring financial income | 75 | €12 | €693 | +€681 | +5,764% |
| Financial charges | 65/66B | €11,529 | €14,719 | +€3,190 | +27.7% |
| Recurring financial charges | 65 | €11,529 | €14,719 | +€3,190 | +27.7% |
| Profit (loss) for the period before taxes | 9903 | €60,468 | €41,829 | -€18,638 | -30.8% |
| Income taxes | 67/77 | €20,274 | €8,687 | -€11,588 | -57.2% |
| Profit (loss) for the period | 9904 | €40,193 | €33,143 | -€7,051 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,193 | €33,143 | -€7,051 | -17.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.