IT LINE: 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 LINE
Largest movements
- Receivables within one year -€85,990
down €85,990 (-20.7%), from €414,567 to €328,576
- Cash +€4,460
up €4,460 (+28.7%), from €15,538 to €19,998
mainly Receivables within one year (+€85,990) and Net result for the year (+€62,983)
- Trade debts -€146,913
down €146,913 (-96.7%), from €151,893 to €4,980
- Profit (loss) carried forward +€62,983
up €62,983 (+127%), from €49,550 to €112,533
- Short-term financial debts -€35,000
down €35,000 (-77.8%), from €45,000 to €10,000
- Tax, wage and social debts +€34,578
up €34,578 (+214%), from €16,177 to €50,755
of which Taxes: +€33,071
- Purchases and services -€86,370
down €86,370 (-45.7%), from €188,828 to €102,457
- Gross operating margin +€69,151
up €69,151 (+26.7%), from €259,455 to €328,606
- Taxes +€56,013
up €56,013 (+7,629%), from €734 to €56,747
- Staff costs +€42,915
up €42,915 (+27.2%), from €157,957 to €200,872
- Turnover -€16,742
down €16,742 (-3.7%), from €447,805 to €431,063
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 | €435,614 | €351,361 | -€84,253 | -19.3% |
| Current assets | 29/58 | €435,614 | €351,361 | -€84,253 | -19.3% |
| Amounts receivable within one year | 40/41 | €414,567 | €328,576 | -€85,990 | -20.7% |
| Trade receivables | 40 | €414,567 | €328,576 | -€85,990 | -20.7% |
| Cash at bank and in hand | 54/58 | €15,538 | €19,998 | +€4,460 | +28.7% |
| Deferred charges and accrued income | 490/1 | €5,510 | €2,787 | -€2,723 | -49.4% |
| Total equity and liabilities | 10/49 | €435,614 | €351,361 | -€84,253 | -19.3% |
| Equity | 10/15 | €164,955 | €227,938 | +€62,983 | +38.2% |
| Contributions | 10/11 | €106,667 | €106,667 | = | 0.0% |
| Reserves | 13 | €8,738 | €8,738 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €6,738 | €6,738 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,550 | €112,533 | +€62,983 | +127% |
| Amounts payable | 17/49 | €270,659 | €123,423 | -€147,236 | -54.4% |
| Amounts payable within one year | 42/48 | €270,659 | €123,423 | -€147,236 | -54.4% |
| Financial debts | 43 | €45,000 | €10,000 | -€35,000 | -77.8% |
| Credit institutions | 430/8 | €45,000 | €10,000 | -€35,000 | -77.8% |
| Trade debts | 44 | €151,893 | €4,980 | -€146,913 | -96.7% |
| Suppliers | 440/4 | €151,893 | €4,980 | -€146,913 | -96.7% |
| Taxes, remuneration and social security | 45 | €16,177 | €50,755 | +€34,578 | +214% |
| Taxes | 450/3 | €379 | €33,450 | +€33,071 | +8,726% |
| Remuneration and social security | 454/9 | €15,798 | €17,305 | +€1,507 | +9.5% |
| Other amounts payable | 47/48 | €57,589 | €57,688 | +€99 | +0.2% |
| Turnover | 70 | €447,805 | €431,063 | -€16,742 | -3.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €188,828 | €102,457 | -€86,370 | -45.7% |
| Remuneration, social security and pensions | 62 | €157,957 | €200,872 | +€42,915 | +27.2% |
| Other operating charges | 640/8 | €7,846 | €528 | -€7,317 | -93.3% |
| Gross operating margin | 9900 | €259,455 | €328,606 | +€69,151 | +26.7% |
| Operating profit (loss) | 9901 | €93,653 | €127,206 | +€33,553 | +35.8% |
| Financial income | 75/76B | €38 | €69 | +€32 | +84.1% |
| Recurring financial income | 75 | €38 | €69 | +€32 | +84.1% |
| Financial charges | 65/66B | €9,325 | €7,545 | -€1,780 | -19.1% |
| Recurring financial charges | 65 | €9,325 | €7,545 | -€1,780 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €84,366 | €119,730 | +€35,365 | +41.9% |
| Income taxes | 67/77 | €734 | €56,747 | +€56,013 | +7,629% |
| Profit (loss) for the period | 9904 | €83,631 | €62,983 | -€20,649 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €83,631 | €62,983 | -€20,649 | -24.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.