IT EXPRESS SERVICE: 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 EXPRESS SERVICE
Largest movements
- Receivables within one year +€69,638
up €69,638 (+85.3%), from €81,623 to €151,261
of which Other amounts receivable: +€42,882
- Cash -€19,546
down €19,546 (-92.3%), from €21,170 to €1,625
mainly Receivables within one year (-€69,638) and Debts after one year (-€9,519)
- Tangible fixed assets -€12,261
down €12,261 (-34.6%), from €35,401 to €23,140
of which Furniture and vehicles: -€11,161
- Deferred charges and accrued income +€2,750
up €2,750 (+410%), from €671 to €3,421
- Profit (loss) carried forward +€35,821
up €35,821 (+72.2%), from €49,593 to €85,413
- Tax, wage and social debts +€18,378
up €18,378 (+60.7%), from €30,287 to €48,665
- Debts after one year -€9,519
down €9,519 (-56.3%), from €16,897 to €7,378
- Trade debts -€6,444
down €6,444 (-9.1%), from €70,843 to €64,399
- Current portion of long-term debt +€2,345
up €2,345 (+32.7%), from €7,174 to €9,519
- Gross operating margin +€55,392
up €55,392 (+230%), from €24,127 to €79,519
- Other operating charges +€12,265
up €12,265 (+1,713%), from €716 to €12,981
- Financial charges +€3,778
up €3,778 (+402%), from €939 to €4,717
- Taxes +€3,166
up €3,166 (+29.9%), from €10,575 to €13,740
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 | €179,794 | €220,375 | +€40,582 | +22.6% |
| Fixed assets | 21/28 | €35,401 | €23,140 | -€12,261 | -34.6% |
| Tangible fixed assets | 22/27 | €35,401 | €23,140 | -€12,261 | -34.6% |
| Plant, machinery and equipment | 23 | €8,913 | €7,813 | -€1,099 | -12.3% |
| Furniture and vehicles | 24 | €26,488 | €15,327 | -€11,161 | -42.1% |
| Current assets | 29/58 | €144,393 | €197,235 | +€52,842 | +36.6% |
| Stocks and contracts in progress | 3 | €40,928 | €40,928 | = | 0.0% |
| Stocks | 30/36 | €40,928 | €40,928 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €81,623 | €151,261 | +€69,638 | +85.3% |
| Trade receivables | 40 | €29,538 | €56,294 | +€26,756 | +90.6% |
| Other amounts receivable | 41 | €52,085 | €94,967 | +€42,882 | +82.3% |
| Cash at bank and in hand | 54/58 | €21,170 | €1,625 | -€19,546 | -92.3% |
| Deferred charges and accrued income | 490/1 | €671 | €3,421 | +€2,750 | +410% |
| Total equity and liabilities | 10/49 | €179,794 | €220,375 | +€40,582 | +22.6% |
| Equity | 10/15 | €54,593 | €90,413 | +€35,821 | +65.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,593 | €85,413 | +€35,821 | +72.2% |
| Amounts payable | 17/49 | €125,201 | €129,962 | +€4,761 | +3.8% |
| Amounts payable after more than one year | 17 | €16,897 | €7,378 | -€9,519 | -56.3% |
| Financial debts | 170/4 | €16,897 | €7,378 | -€9,519 | -56.3% |
| Amounts payable within one year | 42/48 | €108,304 | €122,584 | +€14,280 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €7,174 | €9,519 | +€2,345 | +32.7% |
| Trade debts | 44 | €70,843 | €64,399 | -€6,444 | -9.1% |
| Suppliers | 440/4 | €70,843 | €64,399 | -€6,444 | -9.1% |
| Taxes, remuneration and social security | 45 | €30,287 | €48,665 | +€18,378 | +60.7% |
| Taxes | 450/3 | €30,287 | €48,665 | +€18,378 | +60.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,994 | €12,261 | -€733 | -5.6% |
| Other operating charges | 640/8 | €716 | €12,981 | +€12,265 | +1,713% |
| Gross operating margin | 9900 | €24,127 | €79,519 | +€55,392 | +230% |
| Operating profit (loss) | 9901 | €10,417 | €54,278 | +€43,861 | +421% |
| Financial charges | 65/66B | €939 | €4,717 | +€3,778 | +402% |
| Recurring financial charges | 65 | €939 | €4,717 | +€3,778 | +402% |
| Profit (loss) for the period before taxes | 9903 | €9,478 | €49,561 | +€40,083 | +423% |
| Income taxes | 67/77 | €10,575 | €13,740 | +€3,166 | +29.9% |
| Profit (loss) for the period | 9904 | -€1,097 | €35,821 | +€36,917 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,097 | €35,821 | +€36,917 |
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 28 October 2026 via checked.be.