IT-GENERATORS: 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-GENERATORS
Largest movements
- Intangible fixed assets +€47,216
new in 2025: €47,216
- Cash +€29,914
up €29,914 (+40.0%), from €74,821 to €104,735
mainly Net result for the year (+€28,341) and Tax, wage and social debts (+€23,600)
- Receivables within one year -€23,345
down €23,345 (-33.1%), from €70,567 to €47,221
of which Trade receivables: -€36,985
- Tangible fixed assets +€4,630
up €4,630 (+11.5%), from €40,124 to €44,754
of which Furniture and vehicles: +€5,996
- Deferred charges and accrued income +€4,057
up €4,057 (+28.3%), from €14,336 to €18,394
- Reserves +€28,341
up €28,341 (+32.1%), from €88,400 to €116,741
- Tax, wage and social debts +€23,600
up €23,600 (+53.6%), from €44,001 to €67,601
of which Remuneration and social security: +€14,306
- Trade debts +€11,826
up €11,826 (+64.8%), from €18,255 to €30,081
- Staff costs +€100,107
up €100,107 (+101.8%), from €98,379 to €198,486
- Gross operating margin +€99,442
up €99,442 (+61.2%), from €162,467 to €261,910
- Depreciation +€14,632
up €14,632 (+257.3%), from €5,687 to €20,319
- Taxes -€7,376
down €7,376 (-44.5%), from €16,569 to €9,193
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 | €199,848 | €262,320 | +€62,472 | +31.3% |
| Fixed assets | 21/28 | €40,124 | €91,970 | +€51,846 | +129.2% |
| Intangible fixed assets | 21 | - | €47,216 | +€47,216 | |
| Tangible fixed assets | 22/27 | €40,124 | €44,754 | +€4,630 | +11.5% |
| Plant, machinery and equipment | 23 | €1,276 | €1,135 | -€141 | -11.0% |
| Furniture and vehicles | 24 | €15,534 | €21,529 | +€5,996 | +38.6% |
| Other tangible fixed assets | 26 | €23,315 | €22,089 | -€1,225 | -5.3% |
| Current assets | 29/58 | €159,724 | €170,350 | +€10,626 | +6.7% |
| Amounts receivable within one year | 40/41 | €70,567 | €47,221 | -€23,345 | -33.1% |
| Trade receivables | 40 | €70,564 | €33,579 | -€36,985 | -52.4% |
| Other amounts receivable | 41 | €2 | €13,642 | +€13,640 | +577960.6% |
| Cash at bank and in hand | 54/58 | €74,821 | €104,735 | +€29,914 | +40.0% |
| Deferred charges and accrued income | 490/1 | €14,336 | €18,394 | +€4,057 | +28.3% |
| Total equity and liabilities | 10/49 | €199,848 | €262,320 | +€62,472 | +31.3% |
| Equity | 10/15 | €94,600 | €122,941 | +€28,341 | +30.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €88,400 | €116,741 | +€28,341 | +32.1% |
| Distributable reserves | 133 | €88,400 | €116,741 | +€28,341 | +32.1% |
| Amounts payable | 17/49 | €105,248 | €139,379 | +€34,131 | +32.4% |
| Amounts payable within one year | 42/48 | €105,248 | €139,324 | +€34,076 | +32.4% |
| Financial debts | 43 | €1,269 | €607 | -€662 | -52.2% |
| Credit institutions | 430/8 | €1,269 | €607 | -€662 | -52.2% |
| Trade debts | 44 | €18,255 | €30,081 | +€11,826 | +64.8% |
| Suppliers | 440/4 | €18,255 | €30,081 | +€11,826 | +64.8% |
| Taxes, remuneration and social security | 45 | €44,001 | €67,601 | +€23,600 | +53.6% |
| Taxes | 450/3 | €30,651 | €39,944 | +€9,294 | +30.3% |
| Remuneration and social security | 454/9 | €13,350 | €27,656 | +€14,306 | +107.2% |
| Other amounts payable | 47/48 | €41,723 | €41,035 | -€688 | -1.6% |
| Accrued charges and deferred income | 492/3 | - | €55 | +€55 | |
| Remuneration, social security and pensions | 62 | €98,379 | €198,486 | +€100,107 | +101.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,687 | €20,319 | +€14,632 | +257.3% |
| Other operating charges | 640/8 | €1,301 | €1,884 | +€583 | +44.8% |
| Gross operating margin | 9900 | €162,467 | €261,910 | +€99,442 | +61.2% |
| Operating profit (loss) | 9901 | €57,100 | €41,221 | -€15,879 | -27.8% |
| Financial income | 75/76B | €4 | €5 | +€1 | +38.6% |
| Recurring financial income | 75 | €4 | €5 | +€1 | +38.6% |
| Financial charges | 65/66B | €2,844 | €3,693 | +€849 | +29.9% |
| Recurring financial charges | 65 | €2,844 | €3,693 | +€849 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | €54,260 | €37,533 | -€16,727 | -30.8% |
| Income taxes | 67/77 | €16,569 | €9,193 | -€7,376 | -44.5% |
| Profit (loss) for the period | 9904 | €37,691 | €28,341 | -€9,351 | -24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,691 | €28,341 | -€9,351 | -24.8% |
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 29 September 2026 via checked.be.