IT Business Solutions: 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 Business Solutions
Largest movements
- Tangible fixed assets +€485,941
up €485,941 (+31.8%), from €1.5m to €2.0m
of which Land and buildings: +€317,824
- Receivables within one year +€306,340
up €306,340 (+119%), from €257,347 to €563,687
of which Other amounts receivable: +€327,890
- Cash -€252,750
down €252,750 (-34.9%), from €725,239 to €472,489
mainly Investment in fixed assets (net) (-€576,815) and Receivables within one year (-€306,340)
- Current investments +€240,000
new in 2025: €240,000
- Debts after one year +€305,230
up €305,230 (+29.5%), from €1.0m to €1.3m
- Profit (loss) carried forward +€248,923
up €248,923 (+187%), from €132,845 to €381,768
- Reserves +€168,400
up €168,400 (+18.2%), from €926,253 to €1.1m
of which Tax-exempt reserves: +€168,400
- Trade debts +€105,318
up €105,318 (+68.7%), from €153,336 to €258,654
- Other debts -€71,400
down €71,400 (-100%), from €71,400 to €0
- Gross operating margin +€177,882
up €177,882 (+16.5%), from €1.1m to €1.3m
- Staff costs +€67,208
up €67,208 (+15.0%), from €448,681 to €515,889
- Other operating charges +€25,270
up €25,270 (+190%), from €13,269 to €38,539
- Depreciation -€14,051
down €14,051 (-13.4%), from €104,925 to €90,874
- Taxes +€12,872
up €12,872 (+7.4%), from €174,947 to €187,819
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 | €2,651,062 | €3,417,150 | +€766,088 | +28.9% |
| Fixed assets | 21/28 | €1,530,453 | €2,016,394 | +€485,941 | +31.8% |
| Tangible fixed assets | 22/27 | €1,530,453 | €2,016,394 | +€485,941 | +31.8% |
| Land and buildings | 22 | €1,333,214 | €1,651,038 | +€317,824 | +23.8% |
| Plant, machinery and equipment | 23 | €3,194 | €13,977 | +€10,784 | +338% |
| Furniture and vehicles | 24 | €194,045 | €351,378 | +€157,333 | +81.1% |
| Current assets | 29/58 | €1,120,609 | €1,400,756 | +€280,147 | +25.0% |
| Stocks and contracts in progress | 3 | €42,161 | €43,695 | +€1,534 | +3.6% |
| Stocks | 30/36 | €42,161 | €43,695 | +€1,534 | +3.6% |
| Amounts receivable within one year | 40/41 | €257,347 | €563,687 | +€306,340 | +119% |
| Trade receivables | 40 | €257,092 | €235,542 | -€21,550 | -8.4% |
| Other amounts receivable | 41 | €255 | €328,145 | +€327,890 | +128,751% |
| Current investments | 50/53 | - | €240,000 | +€240,000 | |
| Cash at bank and in hand | 54/58 | €725,239 | €472,489 | -€252,750 | -34.9% |
| Deferred charges and accrued income | 490/1 | €95,863 | €80,886 | -€14,977 | -15.6% |
| Total equity and liabilities | 10/49 | €2,651,062 | €3,417,150 | +€766,088 | +28.9% |
| Equity | 10/15 | €1,071,498 | €1,488,821 | +€417,323 | +38.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €926,253 | €1,094,653 | +€168,400 | +18.2% |
| Tax-exempt reserves | 132 | €24,393 | €192,793 | +€168,400 | +690% |
| Distributable reserves | 133 | €901,860 | €901,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,845 | €381,768 | +€248,923 | +187% |
| Amounts payable | 17/49 | €1,579,563 | €1,928,328 | +€348,765 | +22.1% |
| Amounts payable after more than one year | 17 | €1,035,469 | €1,340,699 | +€305,230 | +29.5% |
| Financial debts | 170/4 | €1,035,469 | €1,340,699 | +€305,230 | +29.5% |
| Amounts payable within one year | 42/48 | €544,094 | €586,130 | +€42,035 | +7.7% |
| Current portion of amounts payable after more than one year | 42 | €119,889 | €171,029 | +€51,141 | +42.7% |
| Trade debts | 44 | €153,336 | €258,654 | +€105,318 | +68.7% |
| Suppliers | 440/4 | €153,336 | €258,654 | +€105,318 | +68.7% |
| Taxes, remuneration and social security | 45 | €199,470 | €156,446 | -€43,024 | -21.6% |
| Taxes | 450/3 | €116,844 | €57,964 | -€58,880 | -50.4% |
| Remuneration and social security | 454/9 | €82,626 | €98,482 | +€15,856 | +19.2% |
| Other amounts payable | 47/48 | €71,400 | €0 | -€71,400 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | €1,500 | +€1,500 | |
| Non-recurring operating income | 76A | - | €225,418 | +€225,418 | |
| Remuneration, social security and pensions | 62 | €448,681 | €515,889 | +€67,208 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,925 | €90,874 | -€14,051 | -13.4% |
| Other operating charges | 640/8 | €13,269 | €38,539 | +€25,270 | +190% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,076,478 | €1,254,361 | +€177,882 | +16.5% |
| Operating profit (loss) | 9901 | €509,604 | €609,059 | +€99,455 | +19.5% |
| Financial income | 75/76B | €34,394 | €39,212 | +€4,818 | +14.0% |
| Recurring financial income | 75 | €34,394 | €39,212 | +€4,818 | +14.0% |
| Financial charges | 65/66B | €37,045 | €43,130 | +€6,085 | +16.4% |
| Recurring financial charges | 65 | €37,045 | €43,130 | +€6,085 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €506,953 | €605,141 | +€98,189 | +19.4% |
| Income taxes | 67/77 | €174,947 | €187,819 | +€12,872 | +7.4% |
| Profit (loss) for the period | 9904 | €332,006 | €417,323 | +€85,317 | +25.7% |
| Transfer to tax-exempt reserves | 689 | - | €168,400 | +€168,400 | |
| Profit (loss) for the period to be appropriated | 9905 | €332,006 | €248,923 | -€83,083 | -25.0% |
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 31 October 2026 via checked.be.