IT PILLAR: what changed
Two fiscal 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 PILLAR
Largest movements
- Receivables within one year -€49,441
down €49,441 (-66.9%), from €73,910 to €24,469
of which Trade receivables: -€49,441
- Cash +€32,731
up €32,731 (+14.3%), from €229,267 to €261,998
mainly Receivables within one year (+€49,441) and Depreciation (+€8,611)
- Tangible fixed assets -€5,327
down €5,327 (-21.5%), from €24,728 to €19,401
- Financial fixed assets -€4,950
down €4,950 (-3.9%), from €126,846 to €121,896
- Tax, wage and social debts -€11,260
down €11,260 (-50.6%), from €22,233 to €10,973
- Reserves -€11,000
down €11,000 (-3.3%), from €336,360 to €325,360
- Debts after one year -€7,748
down €7,748 (-23.8%), from €32,489 to €24,741
- Turnover -€31,496
down €31,496 (-18.5%), from €169,976 to €138,480
- Gross operating margin -€24,453
down €24,453 (-56.1%), from €43,594 to €19,141
- Taxes -€9,516
down €9,516 (-82.9%), from €11,481 to €1,965
- Purchases and services -€7,043
down €7,043 (-5.6%), from €126,382 to €119,339
- Depreciation +€2,731
up €2,731 (+46.4%), from €5,880 to €8,611
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €455,864 | €428,950 | -€26,914 | -5.9% |
| Fixed assets | 21/28 | €151,574 | €141,297 | -€10,277 | -6.8% |
| Tangible fixed assets | 22/27 | €24,728 | €19,401 | -€5,327 | -21.5% |
| Furniture and vehicles | 24 | €24,728 | €19,401 | -€5,327 | -21.5% |
| Financial fixed assets | 28 | €126,846 | €121,896 | -€4,950 | -3.9% |
| Current assets | 29/58 | €304,290 | €287,653 | -€16,637 | -5.5% |
| Amounts receivable within one year | 40/41 | €73,910 | €24,469 | -€49,441 | -66.9% |
| Trade receivables | 40 | €64,910 | €15,469 | -€49,441 | -76.2% |
| Other amounts receivable | 41 | €9,000 | €9,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €229,267 | €261,998 | +€32,731 | +14.3% |
| Deferred charges and accrued income | 490/1 | €1,113 | €1,186 | +€73 | +6.6% |
| Total equity and liabilities | 10/49 | €455,864 | €428,950 | -€26,914 | -5.9% |
| Equity | 10/15 | €387,294 | €376,630 | -€10,664 | -2.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €336,360 | €325,360 | -€11,000 | -3.3% |
| Distributable reserves | 133 | €336,360 | €325,360 | -€11,000 | -3.3% |
| Profit (loss) carried forward | 14 | €44,734 | €45,070 | +€336 | +0.8% |
| Amounts payable | 17/49 | €68,570 | €52,320 | -€16,250 | -23.7% |
| Amounts payable after more than one year | 17 | €32,489 | €24,741 | -€7,748 | -23.8% |
| Financial debts | 170/4 | €32,489 | €24,741 | -€7,748 | -23.8% |
| Amounts payable within one year | 42/48 | €36,081 | €27,579 | -€8,502 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €7,511 | €7,748 | +€237 | +3.2% |
| Trade debts | 44 | €3,882 | €2,310 | -€1,572 | -40.5% |
| Suppliers | 440/4 | €3,882 | €2,310 | -€1,572 | -40.5% |
| Taxes, remuneration and social security | 45 | €22,233 | €10,973 | -€11,260 | -50.6% |
| Taxes | 450/3 | €22,233 | €10,973 | -€11,260 | -50.6% |
| Other amounts payable | 47/48 | €2,455 | €6,548 | +€4,093 | +166.7% |
| Turnover | 70 | €169,976 | €138,480 | -€31,496 | -18.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €126,382 | €119,339 | -€7,043 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,880 | €8,611 | +€2,731 | +46.4% |
| Other operating charges | 640/8 | €719 | €2,474 | +€1,755 | +244.1% |
| Gross operating margin | 9900 | €43,594 | €19,141 | -€24,453 | -56.1% |
| Operating profit (loss) | 9901 | €36,995 | €8,056 | -€28,939 | -78.2% |
| Financial income | 75/76B | €3,248 | €1,973 | -€1,275 | -39.3% |
| Recurring financial income | 75 | €3,248 | €1,973 | -€1,275 | -39.3% |
| Financial charges | 65/66B | €201 | €1,228 | +€1,027 | +510.9% |
| Recurring financial charges | 65 | €201 | €1,228 | +€1,027 | +510.9% |
| Profit (loss) for the period before taxes | 9903 | €40,042 | €8,801 | -€31,241 | -78.0% |
| Income taxes | 67/77 | €11,481 | €1,965 | -€9,516 | -82.9% |
| Profit (loss) for the period | 9904 | €28,561 | €6,836 | -€21,725 | -76.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,561 | €6,836 | -€21,725 | -76.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.