IT-Factory: 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-Factory
Largest movements
- Receivables within one year +€20,758
up €20,758 (+89.4%), from €23,226 to €43,985
of which Trade receivables: +€13,843
- Cash -€12,557
down €12,557 (-37.7%), from €33,343 to €20,786
mainly Receivables within one year (-€20,758) and Tax, wage and social debts (-€2,021)
- Tangible fixed assets -€3,040
down €3,040 (-56.7%), from €5,366 to €2,326
of which Plant, machinery and equipment: -€1,802
- Stocks and contracts -€3,034
down €3,034 (-9.1%), from €33,262 to €30,228
- Reserves +€7,412
up €7,412 (+11.6%), from €63,700 to €71,112
- Tax, wage and social debts -€2,021
down €2,021 (-20.7%), from €9,772 to €7,751
- Other debts -€1,980
down €1,980 (-16.6%), from €11,935 to €9,955
- Trade debts -€1,453
down €1,453 (-26.1%), from €5,562 to €4,108
- Gross operating margin -€49,380
down €49,380 (-90.7%), from €54,468 to €5,089
- Write-downs -€16,452
down €16,452, from €5,775 to -€10,677
- Taxes -€10,906
down €10,906 (-73.9%), from €14,752 to €3,846
- Depreciation -€867
down €867 (-22.2%), from €3,906 to €3,040
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 | €97,375 | €99,332 | +€1,957 | +2.0% |
| Fixed assets | 21/28 | €5,366 | €2,326 | -€3,040 | -56.7% |
| Tangible fixed assets | 22/27 | €5,366 | €2,326 | -€3,040 | -56.7% |
| Plant, machinery and equipment | 23 | €2,009 | €207 | -€1,802 | -89.7% |
| Furniture and vehicles | 24 | €3,357 | €2,119 | -€1,238 | -36.9% |
| Current assets | 29/58 | €92,009 | €97,006 | +€4,997 | +5.4% |
| Stocks and contracts in progress | 3 | €33,262 | €30,228 | -€3,034 | -9.1% |
| Stocks | 30/36 | €33,262 | €30,228 | -€3,034 | -9.1% |
| Amounts receivable within one year | 40/41 | €23,226 | €43,985 | +€20,758 | +89.4% |
| Trade receivables | 40 | €23,226 | €37,070 | +€13,843 | +59.6% |
| Other amounts receivable | 41 | - | €6,915 | +€6,915 | |
| Cash at bank and in hand | 54/58 | €33,343 | €20,786 | -€12,557 | -37.7% |
| Deferred charges and accrued income | 490/1 | €2,178 | €2,009 | -€170 | -7.8% |
| Total equity and liabilities | 10/49 | €97,375 | €99,332 | +€1,957 | +2.0% |
| Equity | 10/15 | €70,106 | €77,518 | +€7,412 | +10.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €63,700 | €71,112 | +€7,412 | +11.6% |
| Distributable reserves | 133 | €63,700 | €71,112 | +€7,412 | +11.6% |
| Profit (loss) carried forward | 14 | €206 | €206 | = | 0.0% |
| Amounts payable | 17/49 | €27,269 | €21,815 | -€5,454 | -20.0% |
| Amounts payable within one year | 42/48 | €27,269 | €21,815 | -€5,454 | -20.0% |
| Trade debts | 44 | €5,562 | €4,108 | -€1,453 | -26.1% |
| Suppliers | 440/4 | €5,562 | €4,108 | -€1,453 | -26.1% |
| Taxes, remuneration and social security | 45 | €9,772 | €7,751 | -€2,021 | -20.7% |
| Taxes | 450/3 | €9,772 | €7,751 | -€2,021 | -20.7% |
| Other amounts payable | 47/48 | €11,935 | €9,955 | -€1,980 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,906 | €3,040 | -€867 | -22.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,775 | -€10,677 | -€16,452 | |
| Other operating charges | 640/8 | €624 | €1,072 | +€447 | +71.6% |
| Gross operating margin | 9900 | €54,468 | €5,089 | -€49,380 | -90.7% |
| Operating profit (loss) | 9901 | €44,163 | €11,655 | -€32,508 | -73.6% |
| Financial income | 75/76B | €125 | €12 | -€113 | -90.4% |
| Recurring financial income | 75 | €125 | €12 | -€113 | -90.4% |
| Financial charges | 65/66B | €325 | €409 | +€84 | +25.7% |
| Recurring financial charges | 65 | €325 | €409 | +€84 | +25.7% |
| Profit (loss) for the period before taxes | 9903 | €43,963 | €11,258 | -€32,705 | -74.4% |
| Income taxes | 67/77 | €14,752 | €3,846 | -€10,906 | -73.9% |
| Profit (loss) for the period | 9904 | €29,211 | €7,412 | -€21,799 | -74.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,211 | €7,412 | -€21,799 | -74.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.