IT-AAS: 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.
IT-AAS
Largest movements
- Cash +€34,478
up €34,478 (+22.9%), from €150,680 to €185,158
mainly Other debts (+€74,595) and Net result for the year (+€48,565)
- Receivables within one year -€7,804
down €7,804 (-57.3%), from €13,617 to €5,813
of which Trade receivables: -€6,436
- Other debts +€74,595
up €74,595 (+381.2%), from €19,568 to €94,163
- Reserves -€45,435
down €45,435 (-26.8%), from €169,591 to €124,156
- Gross operating margin +€4,332
up €4,332 (+6.1%), from €70,510 to €74,842
- Financial charges +€1,379
up €1,379 (+237.0%), from €582 to €1,962
- Taxes +€903
up €903 (+4.8%), from €18,882 to €19,785
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 | €204,649 | €233,801 | +€29,152 | +14.2% |
| Fixed assets | 21/28 | €17,300 | €18,457 | +€1,157 | +6.7% |
| Tangible fixed assets | 22/27 | €17,300 | €18,457 | +€1,157 | +6.7% |
| Furniture and vehicles | 24 | €12,767 | €10,503 | -€2,263 | -17.7% |
| Other tangible fixed assets | 26 | €4,533 | €7,953 | +€3,420 | +75.5% |
| Current assets | 29/58 | €187,349 | €215,345 | +€27,995 | +14.9% |
| Amounts receivable within one year | 40/41 | €13,617 | €5,813 | -€7,804 | -57.3% |
| Trade receivables | 40 | €11,550 | €5,114 | -€6,436 | -55.7% |
| Other amounts receivable | 41 | €2,067 | €699 | -€1,368 | -66.2% |
| Current investments | 50/53 | €20,002 | €20,002 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €150,680 | €185,158 | +€34,478 | +22.9% |
| Deferred charges and accrued income | 490/1 | €3,050 | €4,372 | +€1,322 | +43.3% |
| Total equity and liabilities | 10/49 | €204,649 | €233,801 | +€29,152 | +14.2% |
| Equity | 10/15 | €182,091 | €136,656 | -€45,435 | -25.0% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €169,591 | €124,156 | -€45,435 | -26.8% |
| Distributable reserves | 133 | €169,591 | €124,156 | -€45,435 | -26.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €22,558 | €97,145 | +€74,587 | +330.6% |
| Amounts payable within one year | 42/48 | €21,308 | €95,895 | +€74,587 | +350.0% |
| Financial debts | 43 | €668 | €161 | -€507 | -75.9% |
| Credit institutions | 430/8 | €668 | €161 | -€507 | -75.9% |
| Trade debts | 44 | €1,072 | €494 | -€578 | -53.9% |
| Suppliers | 440/4 | €1,072 | €494 | -€578 | -53.9% |
| Taxes, remuneration and social security | 45 | - | €1,077 | +€1,077 | |
| Taxes | 450/3 | - | €1,077 | +€1,077 | |
| Other amounts payable | 47/48 | €19,568 | €94,163 | +€74,595 | +381.2% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,250 | = | 0.0% |
| Non-recurring operating income | 76A | €6,469 | €0 | -€6,469 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,006 | €5,667 | +€661 | +13.2% |
| Other operating charges | 640/8 | €575 | €527 | -€48 | -8.3% |
| Gross operating margin | 9900 | €70,510 | €74,842 | +€4,332 | +6.1% |
| Operating profit (loss) | 9901 | €64,929 | €68,648 | +€3,719 | +5.7% |
| Financial income | 75/76B | €1,772 | €1,664 | -€108 | -6.1% |
| Recurring financial income | 75 | €1,772 | €1,664 | -€108 | -6.1% |
| Financial charges | 65/66B | €582 | €1,962 | +€1,379 | +237.0% |
| Recurring financial charges | 65 | €582 | €1,962 | +€1,379 | +237.0% |
| Profit (loss) for the period before taxes | 9903 | €66,119 | €68,351 | +€2,232 | +3.4% |
| Income taxes | 67/77 | €18,882 | €19,785 | +€903 | +4.8% |
| Profit (loss) for the period | 9904 | €47,236 | €48,565 | +€1,329 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €47,236 | €48,565 | +€1,329 | +2.8% |
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.