IT CONSTRUCT: what changed
Two fiscal 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 CONSTRUCT
Largest movements
- Receivables within one year -€128,359
down €128,359 (-80.3%), from €159,878 to €31,519
of which Trade receivables: -€126,076
- Tangible fixed assets +€80,018
up €80,018 (+1183.1%), from €6,763 to €86,782
of which Furniture and vehicles: +€80,338
- Cash +€15,454
up €15,454 (+20.4%), from €75,852 to €91,307
mainly Receivables within one year (+€128,359) and Net result for the year (+€45,196)
- Deferred charges and accrued income +€3,880
new in 2025: €3,880
- Trade debts -€70,124
down €70,124 (-89.2%), from €78,595 to €8,471
- Profit (loss) carried forward +€45,196
up €45,196 (+49.7%), from €90,984 to €136,180
- Tax, wage and social debts -€4,642
down €4,642 (-9.6%), from €48,141 to €43,499
of which Remuneration and social security: -€20,404
- Turnover +€79,655
up €79,655 (+15.0%), from €529,473 to €609,128
- Gross operating margin +€62,630
up €62,630 (+1107.6%), from €5,654 to €68,284
- Taxes +€15,761
up €15,761 (+1069.0%), from €1,474 to €17,236
- Depreciation +€9,749
up €9,749 (+147.3%), from €6,619 to €16,368
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 | €242,494 | €213,487 | -€29,007 | -12.0% |
| Fixed assets | 21/28 | €6,763 | €86,782 | +€80,018 | +1183.1% |
| Tangible fixed assets | 22/27 | €6,763 | €86,782 | +€80,018 | +1183.1% |
| Plant, machinery and equipment | 23 | €879 | €559 | -€320 | -36.4% |
| Furniture and vehicles | 24 | €5,885 | €86,223 | +€80,338 | +1365.2% |
| Current assets | 29/58 | €235,731 | €126,705 | -€109,025 | -46.3% |
| Amounts receivable within one year | 40/41 | €159,878 | €31,519 | -€128,359 | -80.3% |
| Trade receivables | 40 | €152,358 | €26,282 | -€126,076 | -82.7% |
| Other amounts receivable | 41 | €7,520 | €5,237 | -€2,283 | -30.4% |
| Cash at bank and in hand | 54/58 | €75,852 | €91,307 | +€15,454 | +20.4% |
| Deferred charges and accrued income | 490/1 | - | €3,880 | +€3,880 | |
| Total equity and liabilities | 10/49 | €242,494 | €213,487 | -€29,007 | -12.0% |
| Equity | 10/15 | €113,044 | €158,240 | +€45,196 | +40.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €15,860 | €15,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,984 | €136,180 | +€45,196 | +49.7% |
| Amounts payable | 17/49 | €129,450 | €55,247 | -€74,203 | -57.3% |
| Amounts payable within one year | 42/48 | €129,450 | €55,247 | -€74,203 | -57.3% |
| Trade debts | 44 | €78,595 | €8,471 | -€70,124 | -89.2% |
| Suppliers | 440/4 | €78,595 | €8,471 | -€70,124 | -89.2% |
| Taxes, remuneration and social security | 45 | €48,141 | €43,499 | -€4,642 | -9.6% |
| Taxes | 450/3 | €1,474 | €17,236 | +€15,761 | +1069.0% |
| Remuneration and social security | 454/9 | €46,666 | €26,263 | -€20,404 | -43.7% |
| Other amounts payable | 47/48 | €2,714 | €3,277 | +€563 | +20.8% |
| Turnover | 70 | €529,473 | €609,128 | +€79,655 | +15.0% |
| Non-recurring operating income | 76A | €15,814 | - | -€15,814 | |
| Goods, raw materials, services and sundry goods | 60/61 | €539,632 | €540,844 | +€1,211 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,619 | €16,368 | +€9,749 | +147.3% |
| Other operating charges | 640/8 | €448 | €845 | +€397 | +88.8% |
| Gross operating margin | 9900 | €5,654 | €68,284 | +€62,630 | +1107.6% |
| Operating profit (loss) | 9901 | -€1,412 | €51,071 | +€52,483 | |
| Financial income | 75/76B | €9,098 | €12,429 | +€3,331 | +36.6% |
| Recurring financial income | 75 | €9,098 | €12,429 | +€3,331 | +36.6% |
| Financial charges | 65/66B | €1,260 | €1,067 | -€193 | -15.3% |
| Recurring financial charges | 65 | €1,260 | €1,067 | -€193 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €6,426 | €62,432 | +€56,006 | +871.5% |
| Income taxes | 67/77 | €1,474 | €17,236 | +€15,761 | +1069.0% |
| Profit (loss) for the period | 9904 | €4,952 | €45,196 | +€40,244 | +812.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,952 | €45,196 | +€40,244 | +812.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.