IT MATCH: 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 MATCH
Largest movements
- Receivables within one year +€222,848
up €222,848 (+17.1%), from €1.3m to €1.5m
of which Trade receivables: +€257,167
- Cash +€58,945
up €58,945 (+1624.6%), from €3,628 to €62,573
mainly Trade debts (+€175,061) and Other debts (+€65,000)
- Trade debts +€175,061
up €175,061 (+28.6%), from €611,536 to €786,598
- Other debts +€65,000
up €65,000 (+433.3%), from €15,000 to €80,000
- Reserves +€30,076
up €30,076 (+4.5%), from €664,802 to €694,878
- Taxes +€6,977
up €6,977 (+228.9%), from €3,049 to €10,025
- Gross operating margin -€6,259
down €6,259 (-13.1%), from €47,941 to €41,682
- Financial charges -€1,200
down €1,200 (-90.1%), from €1,332 to €132
- Other operating charges -€667
down €667 (-31.5%), from €2,116 to €1,448
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.
Cash bridge derived
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 | €1,311,799 | €1,587,992 | +€276,193 | +21.1% |
| Current assets | 29/58 | €1,311,799 | €1,587,992 | +€276,193 | +21.1% |
| Amounts receivable within one year | 40/41 | €1,302,570 | €1,525,419 | +€222,848 | +17.1% |
| Trade receivables | 40 | €1,219,400 | €1,476,568 | +€257,167 | +21.1% |
| Other amounts receivable | 41 | €83,170 | €48,851 | -€34,319 | -41.3% |
| Cash at bank and in hand | 54/58 | €3,628 | €62,573 | +€58,945 | +1624.6% |
| Deferred charges and accrued income | 490/1 | €5,600 | €0 | -€5,600 | -100.0% |
| Total equity and liabilities | 10/49 | €1,311,799 | €1,587,992 | +€276,193 | +21.1% |
| Equity | 10/15 | €685,262 | €715,338 | +€30,076 | +4.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €664,802 | €694,878 | +€30,076 | +4.5% |
| Distributable reserves | 133 | €664,802 | €694,878 | +€30,076 | +4.5% |
| Amounts payable | 17/49 | €626,536 | €872,653 | +€246,117 | +39.3% |
| Amounts payable within one year | 42/48 | €626,536 | €872,653 | +€246,117 | +39.3% |
| Trade debts | 44 | €611,536 | €786,598 | +€175,061 | +28.6% |
| Suppliers | 440/4 | €611,536 | €786,598 | +€175,061 | +28.6% |
| Taxes, remuneration and social security | 45 | €0 | €6,056 | +€6,056 | |
| Taxes | 450/3 | €0 | €6,056 | +€6,056 | |
| Other amounts payable | 47/48 | €15,000 | €80,000 | +€65,000 | +433.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €2,116 | €1,448 | -€667 | -31.5% |
| Gross operating margin | 9900 | €47,941 | €41,682 | -€6,259 | -13.1% |
| Operating profit (loss) | 9901 | €45,825 | €40,234 | -€5,591 | -12.2% |
| Financial charges | 65/66B | €1,332 | €132 | -€1,200 | -90.1% |
| Recurring financial charges | 65 | €1,332 | €132 | -€1,200 | -90.1% |
| Profit (loss) for the period before taxes | 9903 | €44,493 | €40,101 | -€4,392 | -9.9% |
| Income taxes | 67/77 | €3,049 | €10,025 | +€6,977 | +228.9% |
| Profit (loss) for the period | 9904 | €41,444 | €30,076 | -€11,368 | -27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €41,444 | €30,076 | -€11,368 | -27.4% |
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 9 October 2026 via checked.be.