IT-ESSENCE: 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-ESSENCE
Largest movements
- Cash +€55,198
up €55,198 (+83.8%), from €65,862 to €121,060
mainly Other debts (+€161,502) and Depreciation (+€50,129)
- Tangible fixed assets -€44,173
down €44,173 (-7.6%), from €582,382 to €538,209
of which Land and buildings: -€23,092
- Receivables within one year -€23,278
down €23,278 (-48.5%), from €47,946 to €24,669
of which Trade receivables: -€17,252
- Other debts +€161,502
new in 2025: €161,502
- Reserves -€156,621
down €156,621 (-60.6%), from €258,449 to €101,828
of which Distributable reserves: -€156,621
- Debts after one year -€16,683
down €16,683 (-5.6%), from €298,150 to €281,466
- Financial charges +€6,354
up €6,354 (+158.1%), from €4,019 to €10,374
- Depreciation -€1,495
down €1,495 (-2.9%), from €51,624 to €50,129
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 | €698,506 | €686,347 | -€12,158 | -1.7% |
| Fixed assets | 21/28 | €582,382 | €538,209 | -€44,173 | -7.6% |
| Tangible fixed assets | 22/27 | €582,382 | €538,209 | -€44,173 | -7.6% |
| Land and buildings | 22 | €536,997 | €513,905 | -€23,092 | -4.3% |
| Plant, machinery and equipment | 23 | €1,735 | €2,422 | +€687 | +39.6% |
| Furniture and vehicles | 24 | €39,698 | €19,475 | -€20,223 | -50.9% |
| Other tangible fixed assets | 26 | €3,952 | €2,407 | -€1,545 | -39.1% |
| Current assets | 29/58 | €116,124 | €148,138 | +€32,014 | +27.6% |
| Amounts receivable within one year | 40/41 | €47,946 | €24,669 | -€23,278 | -48.5% |
| Trade receivables | 40 | €41,920 | €24,669 | -€17,252 | -41.2% |
| Other amounts receivable | 41 | €6,026 | - | -€6,026 | |
| Cash at bank and in hand | 54/58 | €65,862 | €121,060 | +€55,198 | +83.8% |
| Deferred charges and accrued income | 490/1 | €2,316 | €2,409 | +€94 | +4.0% |
| Total equity and liabilities | 10/49 | €698,506 | €686,347 | -€12,158 | -1.7% |
| Equity | 10/15 | €349,400 | €192,779 | -€156,621 | -44.8% |
| Contributions | 10/11 | €90,951 | €90,951 | = | 0.0% |
| Reserves | 13 | €258,449 | €101,828 | -€156,621 | -60.6% |
| Tax-exempt reserves | 132 | €44 | €44 | = | 0.0% |
| Distributable reserves | 133 | €258,405 | €101,784 | -€156,621 | -60.6% |
| Amounts payable | 17/49 | €349,105 | €493,568 | +€144,463 | +41.4% |
| Amounts payable after more than one year | 17 | €298,150 | €281,466 | -€16,683 | -5.6% |
| Financial debts | 170/4 | €298,150 | €281,466 | -€16,683 | -5.6% |
| Amounts payable within one year | 42/48 | €50,956 | €208,233 | +€157,278 | +308.7% |
| Current portion of amounts payable after more than one year | 42 | €18,614 | €17,817 | -€797 | -4.3% |
| Financial debts | 43 | €8,381 | €5,047 | -€3,334 | -39.8% |
| Credit institutions | 430/8 | €8,381 | €5,047 | -€3,334 | -39.8% |
| Trade debts | 44 | €3,887 | €6,285 | +€2,399 | +61.7% |
| Suppliers | 440/4 | €3,887 | €6,285 | +€2,399 | +61.7% |
| Taxes, remuneration and social security | 45 | €20,075 | €17,583 | -€2,492 | -12.4% |
| Taxes | 450/3 | €18,229 | €17,583 | -€646 | -3.5% |
| Remuneration and social security | 454/9 | €1,846 | - | -€1,846 | |
| Other amounts payable | 47/48 | - | €161,502 | +€161,502 | |
| Accrued charges and deferred income | 492/3 | - | €3,868 | +€3,868 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,624 | €50,129 | -€1,495 | -2.9% |
| Other operating charges | 640/8 | €2,462 | €2,623 | +€160 | +6.5% |
| Gross operating margin | 9900 | €113,143 | €113,403 | +€259 | +0.2% |
| Operating profit (loss) | 9901 | €59,057 | €60,651 | +€1,594 | +2.7% |
| Financial income | 75/76B | €620 | €386 | -€234 | -37.7% |
| Recurring financial income | 75 | €620 | €386 | -€234 | -37.7% |
| Financial charges | 65/66B | €4,019 | €10,374 | +€6,354 | +158.1% |
| Recurring financial charges | 65 | €4,019 | €10,374 | +€6,354 | +158.1% |
| Profit (loss) for the period before taxes | 9903 | €55,658 | €50,663 | -€4,995 | -9.0% |
| Income taxes | 67/77 | €18,483 | €17,458 | -€1,026 | -5.6% |
| Profit (loss) for the period | 9904 | €37,174 | €33,205 | -€3,969 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,174 | €33,205 | -€3,969 | -10.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.