IS4U: 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.
What changed
IS4U
NACE 62.200, Computer consultancy and computer facilities management
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€401,647
2024 · -€281,121-€120,526
Equity
-€104,719
2024 · €296,928-€401,647
Cash
€17,251
2024 · €22,117-€4,865
Balance sheet total
€2.0m
2024 · €3.7m-€1.7m
Largest movements
Assets
- Receivables within one year -€1.5m
down €1.5m (-45.9%), from €3.3m to €1.8m
of which Trade receivables: -€786,729
- Deferred charges and accrued income -€138,513
down €138,513 (-60.7%), from €228,339 to €89,826
- Intangible fixed assets -€61,537
down €61,537 (-58.3%), from €105,587 to €44,050
Equity and liabilities
- Accrued charges and deferred income -€731,398
down €731,398 (-61.7%), from €1.2m to €453,371
- Trade debts -€413,810
down €413,810 (-24.5%), from €1.7m to €1.3m
- Reserves -€228,665
down €228,665 (-97.4%), from €234,865 to €6,200
of which Distributable reserves: -€154,705
- Tax, wage and social debts -€183,276
down €183,276 (-34.3%), from €533,601 to €350,325
of which Taxes: -€206,872
- Profit (loss) carried forward -€172,982
down €172,982, from €63 to -€172,919
Income statement
- Turnover +€1.0m
up €1.0m (+19.0%), from €5.5m to €6.5m
- Purchases and services +€500,470
up €500,470 (+11.3%), from €4.4m to €4.9m
- Staff costs +€366,527
up €366,527 (+23.1%), from €1.6m to €2.0m
- Gross operating margin +€342,587
up €342,587 (+23.7%), from €1.4m to €1.8m
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.
Result 2024
-€281,121
Gross operating margin
+€342,587
Staff costs
-€366,527
Depreciation
+€13,447
Write-downs
-€3,363
Other operating charges
+€4,127
Other operating items
-€10,000
Financial income
-€20,175
Financial charges
-€21,213
Taxes
-€59,410
Result 2025
-€401,647
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.
From operations
+€9,215
Investment
-€14,081
Financing
€0
Cash 2024
€22,117
From operations (derived)
+€9,215
Net result for the year
-€401,647
Depreciation
+€98,183
Receivables within one year
+€1.5m
Deferred charges and accrued income
+€138,513
Provisions
-€5,125
Trade debts
-€413,810
Tax, wage and social debts
-€183,276
Advances received
-€533
Accrued charges and deferred income
-€731,398
Investment (derived)
-€14,081
Investment in fixed assets (net)
-€14,081
Cash 2025
€17,251
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,717,772 | €1,981,982 | -€1.7m | -46.7% |
| Fixed assets | 21/28 | €178,311 | €94,209 | -€84,102 | -47.2% |
| Intangible fixed assets | 21 | €105,587 | €44,050 | -€61,537 | -58.3% |
| Tangible fixed assets | 22/27 | €72,724 | €50,159 | -€22,565 | -31.0% |
| Plant, machinery and equipment | 23 | €43,724 | €30,076 | -€13,648 | -31.2% |
| Furniture and vehicles | 24 | €25,754 | €18,008 | -€7,745 | -30.1% |
| Leasing and similar rights | 25 | €306 | €39 | -€267 | -87.4% |
| Other tangible fixed assets | 26 | €2,941 | €2,036 | -€905 | -30.8% |
| Current assets | 29/58 | €3,539,460 | €1,887,773 | -€1.7m | -46.7% |
| Amounts receivable within one year | 40/41 | €3,289,005 | €1,780,696 | -€1.5m | -45.9% |
| Trade receivables | 40 | €2,514,492 | €1,727,764 | -€786,729 | -31.3% |
| Other amounts receivable | 41 | €774,513 | €52,933 | -€721,580 | -93.2% |
| Cash at bank and in hand | 54/58 | €22,117 | €17,251 | -€4,865 | -22.0% |
| Deferred charges and accrued income | 490/1 | €228,339 | €89,826 | -€138,513 | -60.7% |
| Total equity and liabilities | 10/49 | €3,717,772 | €1,981,982 | -€1.7m | -46.7% |
| Equity | 10/15 | €296,928 | -€104,719 | -€401,647 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €234,865 | €6,200 | -€228,665 | -97.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €73,960 | - | -€73,960 | |
| Distributable reserves | 133 | €154,705 | - | -€154,705 | |
| Profit (loss) carried forward | 14 | €63 | -€172,919 | -€172,982 | |
| Provisions and deferred taxes | 16 | €10,648 | €5,523 | -€5,125 | -48.1% |
| Provisions for liabilities and charges | 160/5 | €10,648 | €5,523 | -€5,125 | -48.1% |
| Pensions and similar obligations | 160 | €6,221 | €5,523 | -€697 | -11.2% |
| Environmental obligations | 163 | €4,428 | - | -€4,428 | |
| Amounts payable | 17/49 | €3,410,196 | €2,081,178 | -€1.3m | -39.0% |
| Amounts payable within one year | 42/48 | €2,225,426 | €1,627,807 | -€597,619 | -26.9% |
| Trade debts | 44 | €1,691,293 | €1,277,482 | -€413,810 | -24.5% |
| Suppliers | 440/4 | €1,691,293 | €1,277,482 | -€413,810 | -24.5% |
| Advances received on contracts in progress | 46 | €533 | - | -€533 | |
| Taxes, remuneration and social security | 45 | €533,601 | €350,325 | -€183,276 | -34.3% |
| Taxes | 450/3 | €272,409 | €65,538 | -€206,872 | -75.9% |
| Remuneration and social security | 454/9 | €261,192 | €284,787 | +€23,596 | +9.0% |
| Accrued charges and deferred income | 492/3 | €1,184,769 | €453,371 | -€731,398 | -61.7% |
| Turnover | 70 | €5,491,967 | €6,535,585 | +€1.0m | +19.0% |
| Non-recurring operating income | 76A | €95,014 | €450 | -€94,564 | -99.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,417,843 | €4,918,313 | +€500,470 | +11.3% |
| Remuneration, social security and pensions | 62 | €1,584,261 | €1,950,787 | +€366,527 | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,630 | €98,183 | -€13,447 | -12.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,410 | €5,773 | +€3,363 | +139.6% |
| Other operating charges | 640/8 | €12,243 | €8,116 | -€4,127 | -33.7% |
| Non-recurring operating charges | 66A | - | €10,000 | +€10,000 | |
| Gross operating margin | 9900 | €1,446,002 | €1,788,588 | +€342,587 | +23.7% |
| Operating profit (loss) | 9901 | -€264,542 | -€284,270 | -€19,728 | -7.5% |
| Financial income | 75/76B | €32,524 | €12,349 | -€20,175 | -62.0% |
| Recurring financial income | 75 | €32,524 | €8,218 | -€24,305 | -74.7% |
| Non-recurring financial income | 76B | - | €4,131 | +€4,131 | |
| Financial charges | 65/66B | €45,908 | €67,121 | +€21,213 | +46.2% |
| Recurring financial charges | 65 | €45,908 | €67,121 | +€21,213 | +46.2% |
| Profit (loss) for the period before taxes | 9903 | -€277,926 | -€339,042 | -€61,116 | -22.0% |
| Income taxes | 67/77 | €3,195 | €62,605 | +€59,410 | +1859.5% |
| Profit (loss) for the period | 9904 | -€281,121 | -€401,647 | -€120,526 | -42.9% |
| Transfer from tax-exempt reserves | 789 | €103,544 | €73,960 | -€29,584 | -28.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€177,577 | -€327,687 | -€150,110 | -84.5% |
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 9 October 2026 via checked.be.