it-market: 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-market
Largest movements
- Cash -€4,557
down €4,557 (-10.2%), from €44,799 to €40,242
mainly Net result for the year (-€11,159) and Investment in fixed assets (net) (-€3,349)
- Tangible fixed assets -€1,514
down €1,514 (-8.0%), from €18,835 to €17,320
of which Other tangible fixed assets: -€1,158
- Profit (loss) carried forward -€11,159
down €11,159 (-12.4%), from €89,687 to €78,528
- Trade debts +€5,916
up €5,916 (+56.7%), from €10,435 to €16,351
- Turnover -€31,974
down €31,974 (-9.5%), from €335,664 to €303,690
- Purchases and services -€31,236
down €31,236 (-9.4%), from €333,620 to €302,385
- Gross operating margin -€9,979
down €9,979 (-68.0%), from €14,677 to €4,698
- Other operating charges -€5,449
down €5,449 (-87.3%), from €6,245 to €795
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 | €134,795 | €128,761 | -€6,034 | -4.5% |
| Fixed assets | 21/28 | €19,175 | €17,661 | -€1,514 | -7.9% |
| Tangible fixed assets | 22/27 | €18,835 | €17,320 | -€1,514 | -8.0% |
| Furniture and vehicles | 24 | €644 | €288 | -€356 | -55.3% |
| Other tangible fixed assets | 26 | €18,190 | €17,032 | -€1,158 | -6.4% |
| Financial fixed assets | 28 | €340 | €340 | = | 0.0% |
| Current assets | 29/58 | €115,621 | €111,100 | -€4,520 | -3.9% |
| Stocks and contracts in progress | 3 | €60,348 | €60,600 | +€252 | +0.4% |
| Stocks | 30/36 | €60,348 | €60,600 | +€252 | +0.4% |
| Amounts receivable within one year | 40/41 | €4,911 | €5,073 | +€161 | +3.3% |
| Trade receivables | 40 | - | €5,073 | +€5,073 | |
| Other amounts receivable | 41 | €4,911 | - | -€4,911 | |
| Cash at bank and in hand | 54/58 | €44,799 | €40,242 | -€4,557 | -10.2% |
| Deferred charges and accrued income | 490/1 | €5,562 | €5,186 | -€377 | -6.8% |
| Total equity and liabilities | 10/49 | €134,795 | €128,761 | -€6,034 | -4.5% |
| Equity | 10/15 | €110,147 | €98,988 | -€11,159 | -10.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,687 | €78,528 | -€11,159 | -12.4% |
| Amounts payable | 17/49 | €24,649 | €29,773 | +€5,124 | +20.8% |
| Amounts payable within one year | 42/48 | €24,425 | €29,617 | +€5,193 | +21.3% |
| Trade debts | 44 | €10,435 | €16,351 | +€5,916 | +56.7% |
| Suppliers | 440/4 | €10,435 | €16,351 | +€5,916 | +56.7% |
| Taxes, remuneration and social security | 45 | €13,490 | €13,054 | -€437 | -3.2% |
| Taxes | 450/3 | €12,233 | €10,914 | -€1,319 | -10.8% |
| Remuneration and social security | 454/9 | €1,258 | €2,140 | +€882 | +70.2% |
| Other amounts payable | 47/48 | €500 | €213 | -€287 | -57.4% |
| Accrued charges and deferred income | 492/3 | €224 | €155 | -€68 | -30.6% |
| Turnover | 70 | €335,664 | €303,690 | -€31,974 | -9.5% |
| Non-recurring operating income | 76A | €12,633 | €3,392 | -€9,241 | -73.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €333,620 | €302,385 | -€31,236 | -9.4% |
| Remuneration, social security and pensions | 62 | €5,158 | €6,933 | +€1,775 | +34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,478 | €4,863 | -€615 | -11.2% |
| Other operating charges | 640/8 | €6,245 | €795 | -€5,449 | -87.3% |
| Gross operating margin | 9900 | €14,677 | €4,698 | -€9,979 | -68.0% |
| Operating profit (loss) | 9901 | -€2,204 | -€7,893 | -€5,690 | -258% |
| Financial income | 75/76B | €142 | €266 | +€124 | +87.0% |
| Recurring financial income | 75 | €142 | €266 | +€124 | +87.0% |
| Financial charges | 65/66B | €3,362 | €3,259 | -€103 | -3.1% |
| Recurring financial charges | 65 | €3,362 | €3,259 | -€103 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,423 | -€10,887 | -€5,463 | -101% |
| Income taxes | 67/77 | €295 | €272 | -€23 | -7.9% |
| Profit (loss) for the period | 9904 | -€5,719 | -€11,159 | -€5,440 | -95.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,719 | -€11,159 | -€5,440 | -95.1% |
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 21 October 2026 via checked.be.