IT RENOVATIONS: 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 RENOVATIONS
Largest movements
- Receivables within one year +€6,953
up €6,953 (+141%), from €4,946 to €11,899
of which Trade receivables: +€7,417
- Cash +€3,966
up €3,966 (+161%), from €2,467 to €6,433
mainly Trade debts (+€3,633) and Other debts (+€3,219)
- Tangible fixed assets +€1,618
up €1,618 (+61.9%), from €2,616 to €4,234
of which Furniture and vehicles: +€1,618
- Trade debts +€3,633
up €3,633 (+639%), from €569 to €4,202
- Other debts +€3,219
up €3,219 (+102%), from €3,146 to €6,365
- Tax, wage and social debts +€3,141
up €3,141 (+804%), from €391 to €3,532
of which Remuneration and social security: +€2,500
- Profit (loss) carried forward +€2,544
up €2,544 (+64.8%), from €3,924 to €6,468
- Gross operating margin +€3,878
up €3,878 (+707%), from €549 to €4,427
- Taxes +€726
new in 2025: €726
- Depreciation +€449
up €449 (+117%), from €384 to €833
- Other operating charges -€96
no longer reported in 2025 (was €96)
- Financial charges +€55
up €55 (+20.2%), from €270 to €325
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 | €10,030 | €22,567 | +€12,537 | +125% |
| Fixed assets | 21/28 | €2,616 | €4,234 | +€1,618 | +61.9% |
| Tangible fixed assets | 22/27 | €2,616 | €4,234 | +€1,618 | +61.9% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €2,616 | €4,234 | +€1,618 | +61.9% |
| Current assets | 29/58 | €7,414 | €18,333 | +€10,919 | +147% |
| Amounts receivable within one year | 40/41 | €4,946 | €11,899 | +€6,953 | +141% |
| Trade receivables | 40 | €3,208 | €10,626 | +€7,417 | +231% |
| Other amounts receivable | 41 | €1,738 | €1,274 | -€464 | -26.7% |
| Cash at bank and in hand | 54/58 | €2,467 | €6,433 | +€3,966 | +161% |
| Total equity and liabilities | 10/49 | €10,030 | €22,567 | +€12,537 | +125% |
| Equity | 10/15 | €5,924 | €8,468 | +€2,544 | +42.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,924 | €6,468 | +€2,544 | +64.8% |
| Amounts payable | 17/49 | €4,106 | €14,099 | +€9,993 | +243% |
| Amounts payable within one year | 42/48 | €4,106 | €14,099 | +€9,993 | +243% |
| Trade debts | 44 | €569 | €4,202 | +€3,633 | +639% |
| Suppliers | 440/4 | €569 | €4,202 | +€3,633 | +639% |
| Taxes, remuneration and social security | 45 | €391 | €3,532 | +€3,141 | +804% |
| Taxes | 450/3 | €391 | €1,032 | +€641 | +164% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €3,146 | €6,365 | +€3,219 | +102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €384 | €833 | +€449 | +117% |
| Other operating charges | 640/8 | €96 | - | -€96 | |
| Gross operating margin | 9900 | €549 | €4,427 | +€3,878 | +707% |
| Operating profit (loss) | 9901 | €69 | €3,594 | +€3,525 | +5,138% |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €270 | €325 | +€55 | +20.2% |
| Recurring financial charges | 65 | €270 | €325 | +€55 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | -€201 | €3,269 | +€3,471 | |
| Income taxes | 67/77 | - | €726 | +€726 | |
| Profit (loss) for the period | 9904 | -€201 | €2,544 | +€2,745 | |
| Profit (loss) for the period to be appropriated | 9905 | -€201 | €2,544 | +€2,745 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.