IT DEVELOPPEMENT: 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 DEVELOPPEMENT
Largest movements
- Cash +€154,545
up €154,545 (+533%), from €28,993 to €183,539
mainly Other debts (+€203,750) and Current investments (+€83,500)
- Current investments -€83,500
down €83,500 (-71.7%), from €116,500 to €33,000
- Receivables within one year -€9,096
down €9,096 (-59.1%), from €15,403 to €6,307
of which Trade receivables: -€15,125
- Tangible fixed assets -€2,356
down €2,356 (-66.6%), from €3,539 to €1,183
- Other debts +€203,750
new in 2025: €203,750
- Profit (loss) carried forward -€125,323
down €125,323 (-100.0%), from €125,341 to €18
- Tax, wage and social debts -€19,863
down €19,863 (-52.9%), from €37,523 to €17,660
- Gross operating margin +€38,807
up €38,807 (+59.3%), from €65,489 to €104,297
- Taxes +€8,357
up €8,357 (+63.5%), from €13,168 to €21,525
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 | €165,450 | €225,283 | +€59,833 | +36.2% |
| Fixed assets | 21/28 | €3,539 | €1,183 | -€2,356 | -66.6% |
| Tangible fixed assets | 22/27 | €3,539 | €1,183 | -€2,356 | -66.6% |
| Furniture and vehicles | 24 | €3,539 | €1,183 | -€2,356 | -66.6% |
| Current assets | 29/58 | €161,911 | €224,100 | +€62,189 | +38.4% |
| Amounts receivable within one year | 40/41 | €15,403 | €6,307 | -€9,096 | -59.1% |
| Trade receivables | 40 | €15,125 | - | -€15,125 | |
| Other amounts receivable | 41 | €278 | €6,307 | +€6,029 | +2,172% |
| Current investments | 50/53 | €116,500 | €33,000 | -€83,500 | -71.7% |
| Cash at bank and in hand | 54/58 | €28,993 | €183,539 | +€154,545 | +533% |
| Deferred charges and accrued income | 490/1 | €1,015 | €1,255 | +€240 | +23.6% |
| Total equity and liabilities | 10/49 | €165,450 | €225,283 | +€59,833 | +36.2% |
| Equity | 10/15 | €126,841 | €1,518 | -€125,323 | -98.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,341 | €18 | -€125,323 | -100.0% |
| Amounts payable | 17/49 | €38,609 | €223,765 | +€185,157 | +480% |
| Amounts payable within one year | 42/48 | €38,609 | €223,765 | +€185,157 | +480% |
| Trade debts | 44 | €1,085 | €2,355 | +€1,270 | +117% |
| Suppliers | 440/4 | €1,085 | €2,355 | +€1,270 | +117% |
| Taxes, remuneration and social security | 45 | €37,523 | €17,660 | -€19,863 | -52.9% |
| Taxes | 450/3 | €37,523 | €17,660 | -€19,863 | -52.9% |
| Other amounts payable | 47/48 | - | €203,750 | +€203,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,400 | €2,356 | -€44 | -1.8% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €65,489 | €104,297 | +€38,807 | +59.3% |
| Operating profit (loss) | 9901 | €63,089 | €101,541 | +€38,452 | +60.9% |
| Financial income | 75/76B | €1,060 | €1,621 | +€561 | +52.9% |
| Recurring financial income | 75 | €1,060 | €1,621 | +€561 | +52.9% |
| Financial charges | 65/66B | €2,339 | €3,211 | +€872 | +37.3% |
| Recurring financial charges | 65 | €2,339 | €3,211 | +€872 | +37.3% |
| Profit (loss) for the period before taxes | 9903 | €61,811 | €99,952 | +€38,141 | +61.7% |
| Income taxes | 67/77 | €13,168 | €21,525 | +€8,357 | +63.5% |
| Profit (loss) for the period | 9904 | €48,643 | €78,427 | +€29,784 | +61.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,643 | €78,427 | +€29,784 | +61.2% |
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 25 October 2026 via checked.be.