IT in motion: 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 in motion
Largest movements
- Deferred charges and accrued income -€35,198
down €35,198 (-32.7%), from €107,586 to €72,388
- Receivables within one year +€26,552
up €26,552 (+62.9%), from €42,241 to €68,793
of which Trade receivables: +€14,044
- Stocks and contracts -€18,167
down €18,167 (-47.1%), from €38,567 to €20,400
- Cash +€11,478
up €11,478 (+8.0%), from €143,699 to €155,176
mainly Net result for the year (+€79,989) and Depreciation (+€42,605)
- Reserves +€48,452
up €48,452 (+20.7%), from €234,314 to €282,766
- Other debts -€30,413
down €30,413 (-74.6%), from €40,742 to €10,329
- Debts after one year -€25,976
down €25,976 (-22.8%), from €114,155 to €88,179
- Trade debts -€5,330
down €5,330 (-56.2%), from €9,489 to €4,159
- Depreciation -€12,092
down €12,092 (-22.1%), from €54,697 to €42,605
- Staff costs -€9,853
down €9,853 (-21.6%), from €45,697 to €35,844
- Gross operating margin -€8,853
down €8,853 (-4.4%), from €202,622 to €193,768
- Taxes +€3,145
up €3,145 (+11.3%), from €27,727 to €30,872
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 | €448,493 | €435,096 | -€13,397 | -3.0% |
| Fixed assets | 21/28 | €116,400 | €118,339 | +€1,939 | +1.7% |
| Intangible fixed assets | 21 | €890 | - | -€890 | |
| Tangible fixed assets | 22/27 | €113,010 | €115,839 | +€2,829 | +2.5% |
| Plant, machinery and equipment | 23 | €2,855 | €3,940 | +€1,085 | +38.0% |
| Furniture and vehicles | 24 | €84,083 | €63,716 | -€20,367 | -24.2% |
| Other tangible fixed assets | 26 | €26,072 | €48,183 | +€22,111 | +84.8% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €332,093 | €316,757 | -€15,336 | -4.6% |
| Stocks and contracts in progress | 3 | €38,567 | €20,400 | -€18,167 | -47.1% |
| Stocks | 30/36 | €38,567 | €20,400 | -€18,167 | -47.1% |
| Amounts receivable within one year | 40/41 | €42,241 | €68,793 | +€26,552 | +62.9% |
| Trade receivables | 40 | €31,569 | €45,613 | +€14,044 | +44.5% |
| Other amounts receivable | 41 | €10,672 | €23,180 | +€12,508 | +117% |
| Cash at bank and in hand | 54/58 | €143,699 | €155,176 | +€11,478 | +8.0% |
| Deferred charges and accrued income | 490/1 | €107,586 | €72,388 | -€35,198 | -32.7% |
| Total equity and liabilities | 10/49 | €448,493 | €435,096 | -€13,397 | -3.0% |
| Equity | 10/15 | €241,314 | €289,766 | +€48,452 | +20.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €234,314 | €282,766 | +€48,452 | +20.7% |
| Distributable reserves | 133 | €234,314 | €282,766 | +€48,452 | +20.7% |
| Amounts payable | 17/49 | €207,179 | €145,330 | -€61,849 | -29.9% |
| Amounts payable after more than one year | 17 | €114,155 | €88,179 | -€25,976 | -22.8% |
| Financial debts | 170/4 | €114,155 | €88,179 | -€25,976 | -22.8% |
| Amounts payable within one year | 42/48 | €93,024 | €57,151 | -€35,873 | -38.6% |
| Current portion of amounts payable after more than one year | 42 | €26,190 | €26,560 | +€370 | +1.4% |
| Financial debts | 43 | - | €3,092 | +€3,092 | |
| Other loans | 439 | - | €3,092 | +€3,092 | |
| Trade debts | 44 | €9,489 | €4,159 | -€5,330 | -56.2% |
| Suppliers | 440/4 | €9,489 | €4,159 | -€5,330 | -56.2% |
| Taxes, remuneration and social security | 45 | €16,603 | €13,011 | -€3,592 | -21.6% |
| Taxes | 450/3 | €8,454 | €6,738 | -€1,715 | -20.3% |
| Remuneration and social security | 454/9 | €8,149 | €6,273 | -€1,876 | -23.0% |
| Other amounts payable | 47/48 | €40,742 | €10,329 | -€30,413 | -74.6% |
| Remuneration, social security and pensions | 62 | €45,697 | €35,844 | -€9,853 | -21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,697 | €42,605 | -€12,092 | -22.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €33 | - | -€33 | |
| Other operating charges | 640/8 | €1,630 | €901 | -€729 | -44.7% |
| Gross operating margin | 9900 | €202,622 | €193,768 | -€8,853 | -4.4% |
| Operating profit (loss) | 9901 | €100,566 | €114,418 | +€13,853 | +13.8% |
| Financial income | 75/76B | €938 | €1,735 | +€797 | +85.0% |
| Recurring financial income | 75 | €938 | €1,735 | +€797 | +85.0% |
| Financial charges | 65/66B | €6,429 | €5,292 | -€1,136 | -17.7% |
| Recurring financial charges | 65 | €6,429 | €5,292 | -€1,136 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €95,075 | €110,861 | +€15,786 | +16.6% |
| Income taxes | 67/77 | €27,727 | €30,872 | +€3,145 | +11.3% |
| Profit (loss) for the period | 9904 | €67,348 | €79,989 | +€12,641 | +18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €67,348 | €79,989 | +€12,641 | +18.8% |
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 16 October 2026 via checked.be.