IT-S GROUP: 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-S GROUP
Largest movements
- Stocks and contracts -€11,419
down €11,419 (-42.2%), from €27,080 to €15,661
- Cash +€6,673
up €6,673 (+154%), from €4,322 to €10,994
mainly Net result for the year (+€23,158) and Stocks and contracts (+€11,419)
- Tangible fixed assets -€2,583
down €2,583 (-25.4%), from €10,177 to €7,594
- Trade debts -€24,115
down €24,115 (-92.4%), from €26,095 to €1,980
- Profit (loss) carried forward +€23,158
up €23,158 (+35.2%), from €65,772 to €88,930
- Other debts -€15,000
no longer reported in 2025 (was €15,000)
- Tax, wage and social debts +€8,153
up €8,153 (+27.6%), from €29,588 to €37,741
- Gross operating margin -€10,731
down €10,731 (-25.0%), from €42,981 to €32,250
- Taxes -€2,897
down €2,897 (-27.8%), from €10,404 to €7,507
- Depreciation +€2,428
up €2,428 (+1,564%), from €155 to €2,583
- Other operating charges +€1,480
up €1,480 (+122%), from €1,210 to €2,690
- Financial income +€911
up €911 (+23.7%), from €3,845 to €4,755
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 | €139,455 | €131,651 | -€7,804 | -5.6% |
| Fixed assets | 21/28 | €11,157 | €8,574 | -€2,583 | -23.2% |
| Tangible fixed assets | 22/27 | €10,177 | €7,594 | -€2,583 | -25.4% |
| Furniture and vehicles | 24 | €10,177 | €7,594 | -€2,583 | -25.4% |
| Financial fixed assets | 28 | €980 | €980 | = | 0.0% |
| Current assets | 29/58 | €128,298 | €123,077 | -€5,221 | -4.1% |
| Stocks and contracts in progress | 3 | €27,080 | €15,661 | -€11,419 | -42.2% |
| Stocks | 30/36 | €27,080 | €15,661 | -€11,419 | -42.2% |
| Amounts receivable within one year | 40/41 | €96,897 | €96,422 | -€474 | -0.5% |
| Trade receivables | 40 | €17,270 | €2,337 | -€14,933 | -86.5% |
| Other amounts receivable | 41 | €79,626 | €94,085 | +€14,458 | +18.2% |
| Cash at bank and in hand | 54/58 | €4,322 | €10,994 | +€6,673 | +154% |
| Total equity and liabilities | 10/49 | €139,455 | €131,651 | -€7,804 | -5.6% |
| Equity | 10/15 | €68,772 | €91,930 | +€23,158 | +33.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,772 | €88,930 | +€23,158 | +35.2% |
| Amounts payable | 17/49 | €70,683 | €39,721 | -€30,962 | -43.8% |
| Amounts payable within one year | 42/48 | €70,683 | €39,721 | -€30,962 | -43.8% |
| Trade debts | 44 | €26,095 | €1,980 | -€24,115 | -92.4% |
| Suppliers | 440/4 | €26,095 | €1,980 | -€24,115 | -92.4% |
| Taxes, remuneration and social security | 45 | €29,588 | €37,741 | +€8,153 | +27.6% |
| Taxes | 450/3 | €29,588 | €37,741 | +€8,153 | +27.6% |
| Other amounts payable | 47/48 | €15,000 | - | -€15,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155 | €2,583 | +€2,428 | +1,564% |
| Other operating charges | 640/8 | €1,210 | €2,690 | +€1,480 | +122% |
| Gross operating margin | 9900 | €42,981 | €32,250 | -€10,731 | -25.0% |
| Operating profit (loss) | 9901 | €41,615 | €26,977 | -€14,639 | -35.2% |
| Financial income | 75/76B | €3,845 | €4,755 | +€911 | +23.7% |
| Recurring financial income | 75 | €3,845 | €4,755 | +€911 | +23.7% |
| Financial charges | 65/66B | €683 | €1,067 | +€384 | +56.3% |
| Recurring financial charges | 65 | €683 | €1,067 | +€384 | +56.3% |
| Profit (loss) for the period before taxes | 9903 | €44,777 | €30,665 | -€14,113 | -31.5% |
| Income taxes | 67/77 | €10,404 | €7,507 | -€2,897 | -27.8% |
| Profit (loss) for the period | 9904 | €34,374 | €23,158 | -€11,216 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €34,374 | €23,158 | -€11,216 | -32.6% |
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 19 October 2026 via checked.be.