IT OP MAAT: 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 OP MAAT
Largest movements
- Cash -€183,531
down €183,531 (-82.4%), from €222,798 to €39,268
mainly Current investments (-€167,498) and Other debts (-€24,321)
- Current investments +€167,498
new in 2025: €167,498
- Receivables within one year -€6,915
down €6,915 (-35.0%), from €19,737 to €12,822
of which Trade receivables: -€10,091
- Intangible fixed assets -€5,225
down €5,225 (-80.0%), from €6,531 to €1,306
- Other debts -€24,321
down €24,321 (-26.2%), from €92,962 to €68,641
- Accrued charges and deferred income +€5,922
up €5,922 (+87.7%), from €6,753 to €12,674
- Tax, wage and social debts -€5,185
down €5,185 (-100%), from €5,185 to €0
- Gross operating margin -€13,613
down €13,613 (-40.7%), from €33,427 to €19,815
- Taxes -€3,149
down €3,149 (-73.3%), from €4,297 to €1,148
- Staff costs -€999
down €999 (-87.7%), from €1,140 to €141
- Financial charges -€559
down €559 (-6.9%), from €8,162 to €7,603
- Financial income +€512
up €512 (+34,625%), from €1 to €514
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 | €264,089 | €238,396 | -€25,694 | -9.7% |
| Fixed assets | 21/28 | €17,930 | €15,126 | -€2,803 | -15.6% |
| Intangible fixed assets | 21 | €6,531 | €1,306 | -€5,225 | -80.0% |
| Tangible fixed assets | 22/27 | €11,398 | €13,820 | +€2,422 | +21.2% |
| Plant, machinery and equipment | 23 | €5,785 | €2,293 | -€3,492 | -60.4% |
| Furniture and vehicles | 24 | €4,044 | €9,132 | +€5,088 | +126% |
| Other tangible fixed assets | 26 | €1,569 | €2,395 | +€826 | +52.6% |
| Current assets | 29/58 | €246,160 | €223,269 | -€22,890 | -9.3% |
| Amounts receivable within one year | 40/41 | €19,737 | €12,822 | -€6,915 | -35.0% |
| Trade receivables | 40 | €16,533 | €6,442 | -€10,091 | -61.0% |
| Other amounts receivable | 41 | €3,203 | €6,380 | +€3,177 | +99.2% |
| Current investments | 50/53 | - | €167,498 | +€167,498 | |
| Cash at bank and in hand | 54/58 | €222,798 | €39,268 | -€183,531 | -82.4% |
| Deferred charges and accrued income | 490/1 | €3,625 | €3,681 | +€57 | +1.6% |
| Total equity and liabilities | 10/49 | €264,089 | €238,396 | -€25,694 | -9.7% |
| Equity | 10/15 | €153,860 | €152,120 | -€1,741 | -1.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €128,860 | €128,860 | = | 0.0% |
| Distributable reserves | 133 | €128,860 | €128,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,741 | -€1,741 | |
| Amounts payable | 17/49 | €110,229 | €86,276 | -€23,953 | -21.7% |
| Amounts payable within one year | 42/48 | €103,476 | €73,602 | -€29,875 | -28.9% |
| Trade debts | 44 | €5,329 | €4,961 | -€368 | -6.9% |
| Suppliers | 440/4 | €5,329 | €4,961 | -€368 | -6.9% |
| Taxes, remuneration and social security | 45 | €5,185 | €0 | -€5,185 | -100% |
| Taxes | 450/3 | €5,185 | €0 | -€5,185 | -100% |
| Other amounts payable | 47/48 | €92,962 | €68,641 | -€24,321 | -26.2% |
| Accrued charges and deferred income | 492/3 | €6,753 | €12,674 | +€5,922 | +87.7% |
| Remuneration, social security and pensions | 62 | €1,140 | €141 | -€999 | -87.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,631 | €11,431 | -€200 | -1.7% |
| Other operating charges | 640/8 | €1,356 | €1,748 | +€392 | +28.9% |
| Non-recurring operating charges | 66A | €839 | €0 | -€839 | -100% |
| Gross operating margin | 9900 | €33,427 | €19,815 | -€13,613 | -40.7% |
| Operating profit (loss) | 9901 | €18,463 | €6,496 | -€11,967 | -64.8% |
| Financial income | 75/76B | €1 | €514 | +€512 | +34,625% |
| Recurring financial income | 75 | €1 | €514 | +€512 | +34,625% |
| Financial charges | 65/66B | €8,162 | €7,603 | -€559 | -6.9% |
| Recurring financial charges | 65 | €8,162 | €7,603 | -€559 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €10,302 | -€593 | -€10,895 | |
| Income taxes | 67/77 | €4,297 | €1,148 | -€3,149 | -73.3% |
| Profit (loss) for the period | 9904 | €6,005 | -€1,741 | -€7,746 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,005 | -€1,741 | -€7,746 |
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 27 October 2026 via checked.be.