IT Makes Sense: 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 Makes Sense
Largest movements
- Cash +€12,142
up €12,142 (+201%), from €6,031 to €18,173
mainly Receivables after one year (+€10,847) and Trade debts (+€5,656)
- Receivables after one year -€10,847
down €10,847 (-100%), from €10,847 to €0
- Tangible fixed assets -€3,799
down €3,799 (-2.7%), from €140,709 to €136,910
of which Land and buildings: -€3,043
- Debts after one year -€7,552
down €7,552 (-6.8%), from €110,309 to €102,757
- Reserves -€6,300
down €6,300 (-9.2%), from €68,746 to €62,446
of which Distributable reserves: -€6,300
- Trade debts +€5,656
up €5,656 (+337%), from €1,678 to €7,333
- Tax, wage and social debts +€3,257
up €3,257 (+23.6%), from €13,797 to €17,055
- Gross operating margin +€6,396
up €6,396 (+61.4%), from €10,418 to €16,814
- Other operating charges +€813
up €813 (+33.6%), from €2,416 to €3,228
- Taxes +€760
up €760 (+35.5%), from €2,141 to €2,901
- Financial charges +€619
up €619 (+11.0%), from €5,618 to €6,237
- Financial income -€319
down €319 (-67.4%), from €474 to €155
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 | €214,800 | €210,688 | -€4,112 | -1.9% |
| Fixed assets | 21/28 | €141,209 | €137,410 | -€3,799 | -2.7% |
| Tangible fixed assets | 22/27 | €140,709 | €136,910 | -€3,799 | -2.7% |
| Land and buildings | 22 | €139,344 | €136,300 | -€3,043 | -2.2% |
| Furniture and vehicles | 24 | €1,365 | €609 | -€756 | -55.4% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €73,591 | €73,279 | -€312 | -0.4% |
| Amounts receivable after more than one year | 29 | €10,847 | €0 | -€10,847 | -100% |
| Other amounts receivable | 291 | €10,847 | €0 | -€10,847 | -100% |
| Amounts receivable within one year | 40/41 | €56,384 | €54,382 | -€2,003 | -3.6% |
| Trade receivables | 40 | €50,026 | €54,382 | +€4,356 | +8.7% |
| Other amounts receivable | 41 | €6,359 | €0 | -€6,359 | -100% |
| Cash at bank and in hand | 54/58 | €6,031 | €18,173 | +€12,142 | +201% |
| Deferred charges and accrued income | 490/1 | €329 | €724 | +€396 | +120% |
| Total equity and liabilities | 10/49 | €214,800 | €210,688 | -€4,112 | -1.9% |
| Equity | 10/15 | €81,614 | €76,117 | -€5,497 | -6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €68,746 | €62,446 | -€6,300 | -9.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €68,746 | €62,446 | -€6,300 | -9.2% |
| Profit (loss) carried forward | 14 | -€5,732 | -€4,930 | +€803 | +14.0% |
| Amounts payable | 17/49 | €133,186 | €134,571 | +€1,386 | +1.0% |
| Amounts payable after more than one year | 17 | €110,309 | €102,757 | -€7,552 | -6.8% |
| Financial debts | 170/4 | €110,309 | €102,757 | -€7,552 | -6.8% |
| Amounts payable within one year | 42/48 | €22,242 | €31,814 | +€9,572 | +43.0% |
| Current portion of amounts payable after more than one year | 42 | €6,268 | €6,519 | +€250 | +4.0% |
| Financial debts | 43 | €499 | €787 | +€288 | +57.6% |
| Credit institutions | 430/8 | €499 | €787 | +€288 | +57.6% |
| Trade debts | 44 | €1,678 | €7,333 | +€5,656 | +337% |
| Suppliers | 440/4 | €1,678 | €7,333 | +€5,656 | +337% |
| Taxes, remuneration and social security | 45 | €13,797 | €17,055 | +€3,257 | +23.6% |
| Taxes | 450/3 | €13,797 | €17,055 | +€3,257 | +23.6% |
| Other amounts payable | 47/48 | €0 | €121 | +€121 | |
| Accrued charges and deferred income | 492/3 | €634 | €0 | -€634 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,931 | €3,799 | -€131 | -3.3% |
| Other operating charges | 640/8 | €2,416 | €3,228 | +€813 | +33.6% |
| Gross operating margin | 9900 | €10,418 | €16,814 | +€6,396 | +61.4% |
| Operating profit (loss) | 9901 | €4,072 | €9,786 | +€5,715 | +140% |
| Financial income | 75/76B | €474 | €155 | -€319 | -67.4% |
| Recurring financial income | 75 | €474 | €155 | -€319 | -67.4% |
| Financial charges | 65/66B | €5,618 | €6,237 | +€619 | +11.0% |
| Recurring financial charges | 65 | €5,618 | €6,237 | +€619 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,072 | €3,704 | +€4,776 | |
| Income taxes | 67/77 | €2,141 | €2,901 | +€760 | +35.5% |
| Profit (loss) for the period | 9904 | -€3,214 | €803 | +€4,016 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,214 | €803 | +€4,016 |
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 15 October 2026 via checked.be.