IT IS 42: what changed
IT IS 42
Largest movements
- Current investments -€200,000
down €200,000 (-100%), from €200,000 to €0
- Cash +€94,732
up €94,732 (+142%), from €66,918 to €161,650
mainly Current investments (+€200,000) and Net result for the year (+€91,784)
- Receivables within one year -€52,390
down €52,390 (-60.8%), from €86,173 to €33,783
of which Trade receivables: -€61,224
- Tangible fixed assets +€44,564
up €44,564 (+622%), from €7,163 to €51,728
of which Furniture and vehicles: +€39,799
- Other debts -€109,885
down €109,885 (-31.9%), from €344,461 to €234,576
- Depreciation +€11,890
up €11,890 (+649%), from €1,832 to €13,721
- Gross operating margin +€11,663
up €11,663 (+10.9%), from €107,436 to €119,099
- Taxes -€10,606
down €10,606 (-44.8%), from €23,655 to €13,049
- Financial income -€5,435
down €5,435 (-85.2%), from €6,377 to €942
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €363,624 | €249,586 | -€114,038 | -31.4% |
| Fixed assets | 21/28 | €7,163 | €51,728 | +€44,564 | +622% |
| Tangible fixed assets | 22/27 | €7,163 | €51,728 | +€44,564 | +622% |
| Plant, machinery and equipment | 23 | - | €5,377 | +€5,377 | |
| Furniture and vehicles | 24 | €5,439 | €45,238 | +€39,799 | +732% |
| Other tangible fixed assets | 26 | €1,724 | €1,113 | -€612 | -35.5% |
| Current assets | 29/58 | €356,460 | €197,859 | -€158,602 | -44.5% |
| Amounts receivable within one year | 40/41 | €86,173 | €33,783 | -€52,390 | -60.8% |
| Trade receivables | 40 | €79,516 | €18,292 | -€61,224 | -77.0% |
| Other amounts receivable | 41 | €6,657 | €15,491 | +€8,834 | +133% |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100% |
| Cash at bank and in hand | 54/58 | €66,918 | €161,650 | +€94,732 | +142% |
| Deferred charges and accrued income | 490/1 | €3,368 | €2,425 | -€944 | -28.0% |
| Total equity and liabilities | 10/49 | €363,624 | €249,586 | -€114,038 | -31.4% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €358,624 | €244,586 | -€114,038 | -31.8% |
| Amounts payable within one year | 42/48 | €358,277 | €244,586 | -€113,691 | -31.7% |
| Trade debts | 44 | €1,232 | €539 | -€693 | -56.2% |
| Suppliers | 440/4 | €1,232 | €539 | -€693 | -56.2% |
| Taxes, remuneration and social security | 45 | €12,584 | €9,471 | -€3,113 | -24.7% |
| Taxes | 450/3 | €12,584 | €9,471 | -€3,113 | -24.7% |
| Other amounts payable | 47/48 | €344,461 | €234,576 | -€109,885 | -31.9% |
| Accrued charges and deferred income | 492/3 | €347 | €0 | -€347 | -100% |
| Non-recurring operating income | 76A | - | €3,395 | +€3,395 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,832 | €13,721 | +€11,890 | +649% |
| Other operating charges | 640/8 | €1,028 | €878 | -€150 | -14.6% |
| Gross operating margin | 9900 | €107,436 | €119,099 | +€11,663 | +10.9% |
| Operating profit (loss) | 9901 | €104,576 | €104,499 | -€76 | -0.1% |
| Financial income | 75/76B | €6,377 | €942 | -€5,435 | -85.2% |
| Recurring financial income | 75 | €6,377 | €942 | -€5,435 | -85.2% |
| Financial charges | 65/66B | €600 | €608 | +€8 | +1.3% |
| Recurring financial charges | 65 | €600 | €608 | +€8 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €110,353 | €104,833 | -€5,519 | -5.0% |
| Income taxes | 67/77 | €23,655 | €13,049 | -€10,606 | -44.8% |
| Profit (loss) for the period | 9904 | €86,697 | €91,784 | +€5,087 | +5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €86,697 | €91,784 | +€5,087 | +5.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.