IT LINK BENELUX: 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 LINK BENELUX
Largest movements
- Cash -€164,760
down €164,760 (-40.6%), from €405,967 to €241,207
mainly Trade debts (-€112,478) and Tax, wage and social debts (-€104,821)
- Receivables within one year -€46,558
down €46,558 (-3.6%), from €1.3m to €1.2m
of which Trade receivables: -€83,684
- Trade debts -€112,478
down €112,478 (-23.9%), from €471,141 to €358,663
- Tax, wage and social debts -€104,821
down €104,821 (-20.2%), from €518,374 to €413,553
of which Remuneration and social security: -€60,034
- Profit (loss) carried forward +€103,145
up €103,145 (+104%), from €98,951 to €202,096
- Other debts -€86,587
down €86,587 (-19.2%), from €451,784 to €365,198
- Accrued charges and deferred income -€19,310
down €19,310 (-67.1%), from €28,786 to €9,476
- Turnover +€347,011
up €347,011 (+8.2%), from €4.2m to €4.6m
- Staff costs +€334,913
up €334,913 (+12.0%), from €2.8m to €3.1m
- Services and other goods +€215,902
up €215,902 (+43.7%), from €493,715 to €709,617
- Other operating income +€77,060
up €77,060 (+37.0%), from €208,068 to €285,128
- Goods and materials -€70,017
down €70,017 (-8.2%), from €851,811 to €781,793
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 | €1,728,036 | €1,508,336 | -€219,700 | -12.7% |
| Fixed assets | 21/28 | €10,823 | €13,593 | +€2,770 | +25.6% |
| Tangible fixed assets | 22/27 | €5,505 | €8,275 | +€2,770 | +50.3% |
| Furniture and vehicles | 24 | €5,505 | €8,275 | +€2,770 | +50.3% |
| Financial fixed assets | 28 | €5,318 | €5,318 | = | 0.0% |
| Other financial fixed assets | 284/8 | €5,318 | €5,318 | = | 0.0% |
| Shares | 284 | €0 | - | = | |
| Amounts receivable and cash guarantees | 285/8 | €5,318 | €5,318 | = | 0.0% |
| Current assets | 29/58 | €1,717,213 | €1,494,743 | -€222,470 | -13.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,293,015 | €1,246,456 | -€46,558 | -3.6% |
| Trade receivables | 40 | €1,153,256 | €1,069,572 | -€83,684 | -7.3% |
| Other amounts receivable | 41 | €139,758 | €176,884 | +€37,126 | +26.6% |
| Cash at bank and in hand | 54/58 | €405,967 | €241,207 | -€164,760 | -40.6% |
| Deferred charges and accrued income | 490/1 | €18,231 | €7,080 | -€11,152 | -61.2% |
| Total equity and liabilities | 10/49 | €1,728,036 | €1,508,336 | -€219,700 | -12.7% |
| Equity | 10/15 | €257,951 | €361,096 | +€103,145 | +40.0% |
| Contributions | 10/11 | €159,000 | €159,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,951 | €202,096 | +€103,145 | +104% |
| Amounts payable | 17/49 | €1,470,085 | €1,147,240 | -€322,845 | -22.0% |
| Amounts payable within one year | 42/48 | €1,441,299 | €1,137,763 | -€303,535 | -21.1% |
| Trade debts | 44 | €471,141 | €358,663 | -€112,478 | -23.9% |
| Suppliers | 440/4 | €471,141 | €358,663 | -€112,478 | -23.9% |
| Advances received on contracts in progress | 46 | - | €350 | +€350 | |
| Taxes, remuneration and social security | 45 | €518,374 | €413,553 | -€104,821 | -20.2% |
| Taxes | 450/3 | €158,587 | €113,800 | -€44,787 | -28.2% |
| Remuneration and social security | 454/9 | €359,787 | €299,753 | -€60,034 | -16.7% |
| Other amounts payable | 47/48 | €451,784 | €365,198 | -€86,587 | -19.2% |
| Accrued charges and deferred income | 492/3 | €28,786 | €9,476 | -€19,310 | -67.1% |
| Operating income | 70/76A | €4,457,095 | €4,881,165 | +€424,070 | +9.5% |
| Turnover | 70 | €4,249,027 | €4,596,038 | +€347,011 | +8.2% |
| Other operating income | 74 | €208,068 | €285,128 | +€77,060 | +37.0% |
| Operating charges | 60/66A | €4,142,256 | €4,625,422 | +€483,166 | +11.7% |
| Goods for resale, raw materials and consumables | 60 | €851,811 | €781,793 | -€70,017 | -8.2% |
| Purchases | 600/8 | €851,811 | €781,793 | -€70,017 | -8.2% |
| Services and other goods | 61 | €493,715 | €709,617 | +€215,902 | +43.7% |
| Remuneration, social security and pensions | 62 | €2,792,208 | €3,127,121 | +€334,913 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,911 | €3,304 | +€1,393 | +72.9% |
| Other operating charges | 640/8 | €2,498 | €3,587 | +€1,088 | +43.6% |
| Non-recurring operating charges | 66A | €114 | €0 | -€114 | -100% |
| Operating profit (loss) | 9901 | €314,839 | €255,743 | -€59,095 | -18.8% |
| Financial income | 75/76B | €27 | €158 | +€131 | +490% |
| Recurring financial income | 75 | €27 | €158 | +€131 | +490% |
| Other financial income | 752/9 | €27 | €158 | +€131 | +490% |
| Financial charges | 65/66B | €55,843 | €48,147 | -€7,697 | -13.8% |
| Recurring financial charges | 65 | €55,843 | €48,147 | -€7,697 | -13.8% |
| Debt charges | 650 | €55,397 | €47,684 | -€7,713 | -13.9% |
| Other financial charges | 652/9 | €446 | €462 | +€16 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €259,022 | €207,754 | -€51,268 | -19.8% |
| Income taxes | 67/77 | €95,836 | €104,609 | +€8,773 | +9.2% |
| Taxes | 670/3 | €97,461 | €104,609 | +€7,148 | +7.3% |
| Tax adjustments and reversals of tax provisions | 77 | €1,626 | €0 | -€1,626 | -100% |
| Profit (loss) for the period | 9904 | €163,186 | €103,145 | -€60,041 | -36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €163,186 | €103,145 | -€60,041 | -36.8% |
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 30 October 2026 via checked.be.