Information Technology to Human Resources: 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.
Information Technology to Human Resources
Largest movements
- Cash -€123,781
down €123,781 (-53.0%), from €233,573 to €109,792
mainly Other debts (-€110,584) and Contributions, distributions and other (-€69,562)
- Tangible fixed assets -€7,865
down €7,865 (-20.4%), from €38,501 to €30,636
of which Furniture and vehicles: -€10,518
- Other debts -€110,584
down €110,584 (-61.4%), from €180,146 to €69,562
- Reserves -€9,985
down €9,985 (-14.0%), from €71,417 to €61,432
- Debts after one year -€8,615
down €8,615 (-36.8%), from €23,436 to €14,820
- Tax, wage and social debts -€3,279
down €3,279 (-26.9%), from €12,168 to €8,889
- Gross operating margin -€11,968
down €11,968 (-12.0%), from €99,552 to €87,584
- Taxes -€2,109
down €2,109 (-12.0%), from €17,640 to €15,530
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 | €316,504 | €182,047 | -€134,457 | -42.5% |
| Fixed assets | 21/28 | €38,701 | €30,836 | -€7,865 | -20.3% |
| Tangible fixed assets | 22/27 | €38,501 | €30,636 | -€7,865 | -20.4% |
| Plant, machinery and equipment | 23 | - | €2,654 | +€2,654 | |
| Furniture and vehicles | 24 | €38,501 | €27,982 | -€10,518 | -27.3% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €277,804 | €151,211 | -€126,592 | -45.6% |
| Amounts receivable within one year | 40/41 | €44,231 | €41,419 | -€2,811 | -6.4% |
| Trade receivables | 40 | €41,870 | €32,017 | -€9,854 | -23.5% |
| Other amounts receivable | 41 | €2,360 | €9,403 | +€7,042 | +298% |
| Cash at bank and in hand | 54/58 | €233,573 | €109,792 | -€123,781 | -53.0% |
| Total equity and liabilities | 10/49 | €316,504 | €182,047 | -€134,457 | -42.5% |
| Equity | 10/15 | €89,967 | €79,982 | -€9,985 | -11.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €71,417 | €61,432 | -€9,985 | -14.0% |
| Distributable reserves | 133 | €71,417 | €61,432 | -€9,985 | -14.0% |
| Amounts payable | 17/49 | €226,537 | €102,065 | -€124,472 | -54.9% |
| Amounts payable after more than one year | 17 | €23,436 | €14,820 | -€8,615 | -36.8% |
| Financial debts | 170/4 | €23,436 | €14,820 | -€8,615 | -36.8% |
| Amounts payable within one year | 42/48 | €203,101 | €87,244 | -€115,857 | -57.0% |
| Current portion of amounts payable after more than one year | 42 | €8,406 | €8,615 | +€209 | +2.5% |
| Trade debts | 44 | €2,382 | €178 | -€2,204 | -92.5% |
| Suppliers | 440/4 | €2,382 | €178 | -€2,204 | -92.5% |
| Taxes, remuneration and social security | 45 | €12,168 | €8,889 | -€3,279 | -26.9% |
| Taxes | 450/3 | €12,168 | €8,889 | -€3,279 | -26.9% |
| Other amounts payable | 47/48 | €180,146 | €69,562 | -€110,584 | -61.4% |
| Remuneration, social security and pensions | 62 | €83 | €67 | -€16 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,518 | €10,594 | +€76 | +0.7% |
| Other operating charges | 640/8 | €809 | €1,055 | +€246 | +30.4% |
| Gross operating margin | 9900 | €99,552 | €87,584 | -€11,968 | -12.0% |
| Operating profit (loss) | 9901 | €88,141 | €75,867 | -€12,274 | -13.9% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €950 | €759 | -€190 | -20.0% |
| Recurring financial charges | 65 | €950 | €759 | -€190 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €87,202 | €75,108 | -€12,094 | -13.9% |
| Income taxes | 67/77 | €17,640 | €15,530 | -€2,109 | -12.0% |
| Profit (loss) for the period | 9904 | €69,562 | €59,577 | -€9,985 | -14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €69,562 | €59,577 | -€9,985 | -14.4% |
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 30 October 2026 via checked.be.