IT ENGINEERING: 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 ENGINEERING
Largest movements
- Cash +€84,635
up €84,635 (+257%), from €32,884 to €117,519
mainly Receivables within one year (+€79,075) and Depreciation (+€15,672)
- Receivables within one year -€79,075
down €79,075 (-75.7%), from €104,439 to €25,365
of which Other amounts receivable: -€76,454
- Tangible fixed assets -€7,061
down €7,061 (-13.0%), from €54,320 to €47,259
of which Furniture and vehicles: -€7,712
- Profit (loss) carried forward -€7,274
down €7,274 (-68.5%), from €10,626 to €3,352
- Tax, wage and social debts +€7,175
up €7,175 (+301%), from €2,382 to €9,558
- Taxes +€25,783
up €25,783 (+221%), from €11,658 to €37,441
- Gross operating margin +€12,003
up €12,003 (+30.7%), from €39,041 to €51,044
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 | €192,249 | €191,004 | -€1,244 | -0.6% |
| Fixed assets | 21/28 | €54,926 | €48,121 | -€6,805 | -12.4% |
| Tangible fixed assets | 22/27 | €54,320 | €47,259 | -€7,061 | -13.0% |
| Plant, machinery and equipment | 23 | €1,790 | €2,442 | +€651 | +36.4% |
| Furniture and vehicles | 24 | €52,529 | €44,817 | -€7,712 | -14.7% |
| Financial fixed assets | 28 | €606 | €862 | +€256 | +42.2% |
| Current assets | 29/58 | €137,323 | €142,884 | +€5,561 | +4.0% |
| Amounts receivable within one year | 40/41 | €104,439 | €25,365 | -€79,075 | -75.7% |
| Trade receivables | 40 | €25,467 | €22,846 | -€2,621 | -10.3% |
| Other amounts receivable | 41 | €78,972 | €2,519 | -€76,454 | -96.8% |
| Cash at bank and in hand | 54/58 | €32,884 | €117,519 | +€84,635 | +257% |
| Total equity and liabilities | 10/49 | €192,249 | €191,004 | -€1,244 | -0.6% |
| Equity | 10/15 | €188,504 | €181,230 | -€7,274 | -3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €159,278 | €159,278 | = | 0.0% |
| Distributable reserves | 133 | €159,278 | €159,278 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,626 | €3,352 | -€7,274 | -68.5% |
| Amounts payable | 17/49 | €3,745 | €9,774 | +€6,029 | +161% |
| Amounts payable within one year | 42/48 | €3,745 | €9,774 | +€6,029 | +161% |
| Trade debts | 44 | €1,363 | €216 | -€1,146 | -84.1% |
| Suppliers | 440/4 | €1,363 | €216 | -€1,146 | -84.1% |
| Taxes, remuneration and social security | 45 | €2,382 | €9,558 | +€7,175 | +301% |
| Taxes | 450/3 | €2,382 | €9,558 | +€7,175 | +301% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,388 | €15,672 | +€284 | +1.8% |
| Other operating charges | 640/8 | €4,836 | €5,153 | +€317 | +6.6% |
| Gross operating margin | 9900 | €39,041 | €51,044 | +€12,003 | +30.7% |
| Operating profit (loss) | 9901 | €18,817 | €30,219 | +€11,402 | +60.6% |
| Financial income | 75/76B | €1 | €0 | -€1 | -99.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -99.0% |
| Financial charges | 65/66B | €87 | €52 | -€35 | -40.6% |
| Recurring financial charges | 65 | €87 | €52 | -€35 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | €18,731 | €30,168 | +€11,436 | +61.1% |
| Income taxes | 67/77 | €11,658 | €37,441 | +€25,783 | +221% |
| Profit (loss) for the period | 9904 | €7,073 | -€7,274 | -€14,347 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,073 | -€7,274 | -€14,347 |
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 14 October 2026 via checked.be.