IT Project Care: 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 Project Care
Largest movements
- Cash -€51,477
down €51,477 (-48.5%), from €106,104 to €54,628
mainly Other debts (-€69,347) and Receivables within one year (-€24,498)
- Receivables within one year +€24,498
up €24,498 (+132%), from €18,625 to €43,124
of which Trade receivables: +€19,239
- Tangible fixed assets -€2,321
down €2,321 (-20.3%), from €11,418 to €9,097
of which Other tangible fixed assets: -€1,249
- Other debts -€69,347
down €69,347 (-66.2%), from €104,698 to €35,350
- Reserves +€39,871
up €39,871 (+7,135%), from €559 to €40,429
- Tax, wage and social debts +€3,558
up €3,558 (+40.3%), from €8,821 to €12,378
- Trade debts -€1,880
down €1,880 (-95.4%), from €1,970 to €91
- Accrued charges and deferred income -€1,500
no longer reported in 2025 (was €1,500)
- Gross operating margin +€15,639
up €15,639 (+37.7%), from €41,440 to €57,079
- Taxes +€6,109
up €6,109 (+75.4%), from €8,098 to €14,206
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 | €136,148 | €106,849 | -€29,299 | -21.5% |
| Fixed assets | 21/28 | €11,418 | €9,097 | -€2,321 | -20.3% |
| Tangible fixed assets | 22/27 | €11,418 | €9,097 | -€2,321 | -20.3% |
| Furniture and vehicles | 24 | €4,324 | €3,252 | -€1,072 | -24.8% |
| Other tangible fixed assets | 26 | €7,094 | €5,845 | -€1,249 | -17.6% |
| Current assets | 29/58 | €124,730 | €97,751 | -€26,978 | -21.6% |
| Amounts receivable within one year | 40/41 | €18,625 | €43,124 | +€24,498 | +132% |
| Trade receivables | 40 | €13,885 | €33,124 | +€19,239 | +139% |
| Other amounts receivable | 41 | €4,741 | €10,000 | +€5,259 | +111% |
| Cash at bank and in hand | 54/58 | €106,104 | €54,628 | -€51,477 | -48.5% |
| Total equity and liabilities | 10/49 | €136,148 | €106,849 | -€29,299 | -21.5% |
| Equity | 10/15 | €19,159 | €59,029 | +€39,871 | +208% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €559 | €40,429 | +€39,871 | +7,135% |
| Distributable reserves | 133 | €559 | €40,429 | +€39,871 | +7,135% |
| Amounts payable | 17/49 | €116,989 | €47,819 | -€69,169 | -59.1% |
| Amounts payable within one year | 42/48 | €115,489 | €47,819 | -€67,669 | -58.6% |
| Trade debts | 44 | €1,970 | €91 | -€1,880 | -95.4% |
| Suppliers | 440/4 | €1,970 | €91 | -€1,880 | -95.4% |
| Taxes, remuneration and social security | 45 | €8,821 | €12,378 | +€3,558 | +40.3% |
| Taxes | 450/3 | €8,821 | €12,378 | +€3,558 | +40.3% |
| Other amounts payable | 47/48 | €104,698 | €35,350 | -€69,347 | -66.2% |
| Accrued charges and deferred income | 492/3 | €1,500 | - | -€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,021 | €2,321 | +€300 | +14.9% |
| Other operating charges | 640/8 | €557 | €549 | -€8 | -1.4% |
| Gross operating margin | 9900 | €41,440 | €57,079 | +€15,639 | +37.7% |
| Operating profit (loss) | 9901 | €38,863 | €54,210 | +€15,347 | +39.5% |
| Financial charges | 65/66B | €148 | €133 | -€15 | -10.3% |
| Recurring financial charges | 65 | €148 | €133 | -€15 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €38,715 | €54,077 | +€15,362 | +39.7% |
| Income taxes | 67/77 | €8,098 | €14,206 | +€6,109 | +75.4% |
| Profit (loss) for the period | 9904 | €30,617 | €39,871 | +€9,253 | +30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,617 | €39,871 | +€9,253 | +30.2% |
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.