IT ONE: what changed
IT ONE
Largest movements
- Tangible fixed assets +€16,324
up €16,324 (+462%), from €3,531 to €19,855
of which Furniture and vehicles: +€16,627
- Cash -€14,134
down €14,134 (-36.6%), from €38,578 to €24,444
mainly Contributions, distributions and other (-€42,102) and Investment in fixed assets (net) (-€17,112)
- Deferred charges and accrued income +€1,061
up €1,061 (+2,728%), from €39 to €1,099
- Other debts +€35,374
up €35,374 (+4,644%), from €762 to €36,135
- Reserves -€33,170
down €33,170 (-78.8%), from €42,102 to €8,932
- Tax, wage and social debts +€1,262
up €1,262 (+24.1%), from €5,229 to €6,491
of which Taxes: +€3,337
- Gross operating margin +€2,368
up €2,368 (+18.5%), from €12,773 to €15,141
- Other operating charges +€1,368
up €1,368 (+295%), from €463 to €1,831
- Depreciation -€1,043
down €1,043 (-57.0%), from €1,831 to €788
- Taxes +€244
up €244 (+8.2%), from €2,978 to €3,223
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,167 | €54,782 | +€3,616 | +7.1% |
| Fixed assets | 21/28 | €3,581 | €19,905 | +€16,324 | +456% |
| Tangible fixed assets | 22/27 | €3,531 | €19,855 | +€16,324 | +462% |
| Plant, machinery and equipment | 23 | €519 | €217 | -€303 | -58.3% |
| Furniture and vehicles | 24 | €3,011 | €19,638 | +€16,627 | +552% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €47,586 | €34,877 | -€12,709 | -26.7% |
| Amounts receivable within one year | 40/41 | €8,969 | €9,334 | +€365 | +4.1% |
| Trade receivables | 40 | €8,830 | €5,400 | -€3,430 | -38.8% |
| Other amounts receivable | 41 | €139 | €3,934 | +€3,795 | +2,730% |
| Cash at bank and in hand | 54/58 | €38,578 | €24,444 | -€14,134 | -36.6% |
| Deferred charges and accrued income | 490/1 | €39 | €1,099 | +€1,061 | +2,728% |
| Total equity and liabilities | 10/49 | €51,167 | €54,782 | +€3,616 | +7.1% |
| Equity | 10/15 | €45,102 | €11,932 | -€33,170 | -73.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €42,102 | €8,932 | -€33,170 | -78.8% |
| Distributable reserves | 133 | €42,102 | €8,932 | -€33,170 | -78.8% |
| Amounts payable | 17/49 | €6,064 | €42,850 | +€36,786 | +607% |
| Amounts payable within one year | 42/48 | €6,026 | €42,850 | +€36,824 | +611% |
| Trade debts | 44 | €35 | €224 | +€188 | +531% |
| Suppliers | 440/4 | €35 | €224 | +€188 | +531% |
| Taxes, remuneration and social security | 45 | €5,229 | €6,491 | +€1,262 | +24.1% |
| Taxes | 450/3 | €2,978 | €6,315 | +€3,337 | +112% |
| Remuneration and social security | 454/9 | €2,251 | €176 | -€2,075 | -92.2% |
| Other amounts payable | 47/48 | €762 | €36,135 | +€35,374 | +4,644% |
| Accrued charges and deferred income | 492/3 | €38 | - | -€38 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,831 | €788 | -€1,043 | -57.0% |
| Other operating charges | 640/8 | €463 | €1,831 | +€1,368 | +295% |
| Gross operating margin | 9900 | €12,773 | €15,141 | +€2,368 | +18.5% |
| Operating profit (loss) | 9901 | €10,479 | €12,522 | +€2,043 | +19.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €434 | €368 | -€66 | -15.2% |
| Recurring financial charges | 65 | €434 | €368 | -€66 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €10,045 | €12,155 | +€2,110 | +21.0% |
| Income taxes | 67/77 | €2,978 | €3,223 | +€244 | +8.2% |
| Profit (loss) for the period | 9904 | €7,067 | €8,932 | +€1,866 | +26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,067 | €8,932 | +€1,866 | +26.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.