IT LOGIN: 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 LOGIN
Largest movements
- Cash +€55,895
up €55,895 (+12.0%), from €466,687 to €522,582
mainly Other debts (+€81,275) and Net result for the year (+€81,004)
- Receivables within one year +€26,061
up €26,061 (+606%), from €4,303 to €30,364
of which Trade receivables: +€17,545
- Other debts +€81,275
new in 2025: €81,275
- Reserves -€5,640
down €5,640 (-1.3%), from €435,170 to €429,530
of which Distributable reserves: -€3,140
- Taxes -€6,935
down €6,935 (-23.9%), from €29,018 to €22,083
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 | €474,430 | €554,934 | +€80,504 | +17.0% |
| Fixed assets | 21/28 | €3,120 | €1,750 | -€1,370 | -43.9% |
| Tangible fixed assets | 22/27 | €1,370 | €0 | -€1,370 | -100% |
| Furniture and vehicles | 24 | €1,370 | €0 | -€1,370 | -100% |
| Financial fixed assets | 28 | €1,750 | €1,750 | = | 0.0% |
| Current assets | 29/58 | €471,311 | €553,184 | +€81,873 | +17.4% |
| Amounts receivable within one year | 40/41 | €4,303 | €30,364 | +€26,061 | +606% |
| Trade receivables | 40 | - | €17,545 | +€17,545 | |
| Other amounts receivable | 41 | €4,303 | €12,819 | +€8,516 | +198% |
| Cash at bank and in hand | 54/58 | €466,687 | €522,582 | +€55,895 | +12.0% |
| Deferred charges and accrued income | 490/1 | €321 | €239 | -€82 | -25.6% |
| Total equity and liabilities | 10/49 | €474,430 | €554,934 | +€80,504 | +17.0% |
| Equity | 10/15 | €460,418 | €457,278 | -€3,140 | -0.7% |
| Contributions | 10/11 | €25,000 | €27,500 | +€2,500 | +10.0% |
| Capital | 10 | €25,000 | - | -€25,000 | |
| Issued capital | 100 | €25,000 | - | -€25,000 | |
| Reserves | 13 | €435,170 | €429,530 | -€5,640 | -1.3% |
| Non-distributable reserves | 130/1 | €2,500 | - | -€2,500 | |
| Legal reserve | 130 | €2,500 | - | -€2,500 | |
| Distributable reserves | 133 | €432,670 | €429,530 | -€3,140 | -0.7% |
| Profit (loss) carried forward | 14 | €248 | €248 | = | 0.0% |
| Amounts payable | 17/49 | €14,012 | €97,656 | +€83,644 | +597% |
| Amounts payable within one year | 42/48 | €14,012 | €97,656 | +€83,644 | +597% |
| Trade debts | 44 | €1,136 | €670 | -€466 | -41.0% |
| Suppliers | 440/4 | €1,136 | €670 | -€466 | -41.0% |
| Taxes, remuneration and social security | 45 | €12,876 | €15,711 | +€2,834 | +22.0% |
| Taxes | 450/3 | €12,876 | €15,711 | +€2,834 | +22.0% |
| Other amounts payable | 47/48 | - | €81,275 | +€81,275 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,983 | €1,370 | -€613 | -30.9% |
| Other operating charges | 640/8 | €809 | €590 | -€219 | -27.1% |
| Gross operating margin | 9900 | €104,524 | €105,249 | +€725 | +0.7% |
| Operating profit (loss) | 9901 | €101,732 | €103,290 | +€1,558 | +1.5% |
| Financial income | 75/76B | €57 | €30 | -€27 | -47.4% |
| Recurring financial income | 75 | €57 | €30 | -€27 | -47.4% |
| Financial charges | 65/66B | €235 | €233 | -€1 | -0.6% |
| Recurring financial charges | 65 | €235 | €233 | -€1 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €101,555 | €103,087 | +€1,532 | +1.5% |
| Income taxes | 67/77 | €29,018 | €22,083 | -€6,935 | -23.9% |
| Profit (loss) for the period | 9904 | €72,537 | €81,004 | +€8,467 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €72,537 | €81,004 | +€8,467 | +11.7% |
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 17 October 2026 via checked.be.