IT-KEYS: 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-KEYS
Largest movements
- Cash +€21,363
up €21,363 (+15.1%), from €141,033 to €162,396
mainly Net result for the year (+€25,532) and Tax, wage and social debts (+€13,910)
- Tax, wage and social debts +€13,910
up €13,910 (+64.6%), from €21,540 to €35,450
of which Remuneration and social security: +€9,266
- Reserves +€3,218
up €3,218 (+2.8%), from €116,259 to €119,477
- Trade debts +€2,705
up €2,705 (+822.4%), from €329 to €3,034
- Gross operating margin -€3,101
down €3,101 (-7.6%), from €40,835 to €37,734
- Financial charges -€970
down €970 (-53.8%), from €1,805 to €835
of which Financial charges: -€1,460
- Other operating charges -€859
down €859 (-39.4%), from €2,183 to €1,324
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 | €181,406 | €201,597 | +€20,191 | +11.1% |
| Fixed assets | 21/28 | €100 | €100 | = | 0.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €181,306 | €201,497 | +€20,191 | +11.1% |
| Amounts receivable within one year | 40/41 | €40,273 | €39,101 | -€1,172 | -2.9% |
| Trade receivables | 40 | €40,273 | €39,101 | -€1,172 | -2.9% |
| Cash at bank and in hand | 54/58 | €141,033 | €162,396 | +€21,363 | +15.1% |
| Total equity and liabilities | 10/49 | €181,406 | €201,597 | +€20,191 | +11.1% |
| Equity | 10/15 | €129,629 | €132,846 | +€3,218 | +2.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €116,259 | €119,477 | +€3,218 | +2.8% |
| Distributable reserves | 133 | €116,259 | €119,477 | +€3,218 | +2.8% |
| Profit (loss) carried forward | 14 | €970 | €970 | = | 0.0% |
| Amounts payable | 17/49 | €51,777 | €68,751 | +€16,973 | +32.8% |
| Amounts payable within one year | 42/48 | €51,777 | €68,751 | +€16,973 | +32.8% |
| Trade debts | 44 | €329 | €3,034 | +€2,705 | +822.4% |
| Suppliers | 440/4 | €329 | €3,034 | +€2,705 | +822.4% |
| Taxes, remuneration and social security | 45 | €21,540 | €35,450 | +€13,910 | +64.6% |
| Taxes | 450/3 | €21,540 | €26,184 | +€4,644 | +21.6% |
| Remuneration and social security | 454/9 | - | €9,266 | +€9,266 | |
| Other amounts payable | 47/48 | €29,909 | €30,266 | +€358 | +1.2% |
| Other operating charges | 640/8 | €2,183 | €1,324 | -€859 | -39.4% |
| Gross operating margin | 9900 | €40,835 | €37,734 | -€3,101 | -7.6% |
| Operating profit (loss) | 9901 | €38,652 | €36,410 | -€2,242 | -5.8% |
| Financial income | 75/76B | €202 | €451 | +€249 | +123.5% |
| Recurring financial income | 75 | €202 | €451 | +€249 | +123.5% |
| Financial charges | 65/66B | €1,805 | €835 | -€970 | -53.8% |
| Recurring financial charges | 65 | €1,805 | €345 | -€1,460 | -80.9% |
| Non-recurring financial charges | 66B | - | €490 | +€490 | |
| Profit (loss) for the period before taxes | 9903 | €37,048 | €36,026 | -€1,022 | -2.8% |
| Income taxes | 67/77 | €10,270 | €10,494 | +€225 | +2.2% |
| Profit (loss) for the period | 9904 | €26,779 | €25,532 | -€1,247 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,779 | €25,532 | -€1,247 | -4.7% |
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 30 September 2026 via checked.be.