IT-fficient: 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-fficient
Largest movements
- Tangible fixed assets +€68,983
up €68,983 (+134.4%), from €51,319 to €120,302
of which Other tangible fixed assets: +€69,580
- Receivables after one year +€66,326
up €66,326 (+218.5%), from €30,358 to €96,684
- Cash -€27,441
down €27,441 (-74.1%), from €37,024 to €9,583
mainly Investment in fixed assets (net) (-€77,021) and Receivables after one year (-€66,326)
- Receivables within one year -€8,855
down €8,855 (-37.5%), from €23,595 to €14,740
- Financial fixed assets +€2,450
new in 2025: €2,450
- Provisions +€45,117
new in 2025: €45,117
- Debts after one year +€39,510
up €39,510 (+521.4%), from €7,578 to €47,089
- Current portion of long-term debt +€9,167
up €9,167 (+45.6%), from €20,100 to €29,266
- Other debts -€8,824
down €8,824 (-100.0%), from €8,824 to €0
- Tax, wage and social debts +€5,765
up €5,765 (+36.4%), from €15,833 to €21,598
- Provisions +€45,117
new in 2025: €45,117
- Financial charges -€24,485
down €24,485 (-89.2%), from €27,438 to €2,953
- Taxes +€6,046
up €6,046 (+65.0%), from €9,306 to €15,352
- Gross operating margin +€2,873
up €2,873 (+4.1%), from €69,517 to €72,390
- Depreciation +€2,664
up €2,664 (+91.1%), from €2,924 to €5,588
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 | €142,313 | €243,764 | +€101,450 | +71.3% |
| Fixed assets | 21/28 | €51,319 | €122,752 | +€71,433 | +139.2% |
| Tangible fixed assets | 22/27 | €51,319 | €120,302 | +€68,983 | +134.4% |
| Furniture and vehicles | 24 | €597 | €0 | -€597 | -100.0% |
| Other tangible fixed assets | 26 | €50,722 | €120,302 | +€69,580 | +137.2% |
| Financial fixed assets | 28 | - | €2,450 | +€2,450 | |
| Current assets | 29/58 | €90,994 | €121,011 | +€30,017 | +33.0% |
| Amounts receivable after more than one year | 29 | €30,358 | €96,684 | +€66,326 | +218.5% |
| Other amounts receivable | 291 | €30,358 | €96,684 | +€66,326 | +218.5% |
| Amounts receivable within one year | 40/41 | €23,595 | €14,740 | -€8,855 | -37.5% |
| Trade receivables | 40 | €23,595 | €14,740 | -€8,855 | -37.5% |
| Cash at bank and in hand | 54/58 | €37,024 | €9,583 | -€27,441 | -74.1% |
| Deferred charges and accrued income | 490/1 | €16 | €4 | -€12 | -73.5% |
| Total equity and liabilities | 10/49 | €142,313 | €243,764 | +€101,450 | +71.3% |
| Equity | 10/15 | €89,966 | €95,611 | +€5,644 | +6.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,966 | €93,611 | +€5,644 | +6.4% |
| Provisions and deferred taxes | 16 | - | €45,117 | +€45,117 | |
| Provisions for liabilities and charges | 160/5 | - | €45,117 | +€45,117 | |
| Other liabilities and charges | 164/5 | - | €45,117 | +€45,117 | |
| Amounts payable | 17/49 | €52,347 | €103,036 | +€50,689 | +96.8% |
| Amounts payable after more than one year | 17 | €7,578 | €47,089 | +€39,510 | +521.4% |
| Financial debts | 170/4 | €7,578 | €47,089 | +€39,510 | +521.4% |
| Amounts payable within one year | 42/48 | €44,768 | €55,939 | +€11,171 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €20,100 | €29,266 | +€9,167 | +45.6% |
| Trade debts | 44 | €12 | €5,075 | +€5,063 | +42474.2% |
| Suppliers | 440/4 | €12 | €5,075 | +€5,063 | +42474.2% |
| Taxes, remuneration and social security | 45 | €15,833 | €21,598 | +€5,765 | +36.4% |
| Taxes | 450/3 | €15,833 | €21,598 | +€5,765 | +36.4% |
| Other amounts payable | 47/48 | €8,824 | €0 | -€8,824 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €8 | +€8 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,924 | €5,588 | +€2,664 | +91.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €45,117 | +€45,117 | |
| Other operating charges | 640/8 | €1,012 | €943 | -€69 | -6.8% |
| Gross operating margin | 9900 | €69,517 | €72,390 | +€2,873 | +4.1% |
| Operating profit (loss) | 9901 | €65,582 | €20,742 | -€44,840 | -68.4% |
| Financial income | 75/76B | €4,721 | €3,206 | -€1,515 | -32.1% |
| Recurring financial income | 75 | €4,721 | €3,206 | -€1,515 | -32.1% |
| Financial charges | 65/66B | €27,438 | €2,953 | -€24,485 | -89.2% |
| Recurring financial charges | 65 | €27,438 | €2,953 | -€24,485 | -89.2% |
| Profit (loss) for the period before taxes | 9903 | €42,865 | €20,996 | -€21,870 | -51.0% |
| Income taxes | 67/77 | €9,306 | €15,352 | +€6,046 | +65.0% |
| Profit (loss) for the period | 9904 | €33,560 | €5,644 | -€27,915 | -83.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,560 | €5,644 | -€27,915 | -83.2% |
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 11 October 2026 via checked.be.