IT Solutions Partner: 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 Solutions Partner
Largest movements
- Receivables within one year -€111,547
down €111,547 (-51.2%), from €217,980 to €106,433
of which Trade receivables: -€94,664
- Cash -€48,022
down €48,022 (-46.8%), from €102,578 to €54,556
mainly Net result for the year (-€62,215) and Trade debts (-€48,932)
- Profit (loss) carried forward -€62,215
down €62,215, from €35,145 to -€27,070
- Trade debts -€48,932
down €48,932 (-44.0%), from €111,325 to €62,393
- Tax, wage and social debts -€47,919
down €47,919 (-92.3%), from €51,919 to €4,000
- Gross operating margin -€150,507
down €150,507, from €90,783 to -€59,725
- Taxes -€33,972
no longer reported in 2025 (was €33,972)
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 | €321,760 | €162,693 | -€159,067 | -49.4% |
| Fixed assets | 21/28 | €1,202 | €1,705 | +€503 | +41.9% |
| Tangible fixed assets | 22/27 | €1,202 | €1,705 | +€503 | +41.9% |
| Furniture and vehicles | 24 | €1,202 | €1,705 | +€503 | +41.9% |
| Current assets | 29/58 | €320,558 | €160,988 | -€159,570 | -49.8% |
| Amounts receivable within one year | 40/41 | €217,980 | €106,433 | -€111,547 | -51.2% |
| Trade receivables | 40 | €96,204 | €1,540 | -€94,664 | -98.4% |
| Other amounts receivable | 41 | €121,776 | €104,893 | -€16,884 | -13.9% |
| Cash at bank and in hand | 54/58 | €102,578 | €54,556 | -€48,022 | -46.8% |
| Total equity and liabilities | 10/49 | €321,760 | €162,693 | -€159,067 | -49.4% |
| Equity | 10/15 | €158,516 | €96,301 | -€62,215 | -39.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €117,171 | €117,171 | = | 0.0% |
| Distributable reserves | 133 | €117,171 | €117,171 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,145 | -€27,070 | -€62,215 | |
| Amounts payable | 17/49 | €163,244 | €66,393 | -€96,851 | -59.3% |
| Amounts payable within one year | 42/48 | €163,244 | €66,393 | -€96,851 | -59.3% |
| Trade debts | 44 | €111,325 | €62,393 | -€48,932 | -44.0% |
| Suppliers | 440/4 | €111,325 | €62,393 | -€48,932 | -44.0% |
| Taxes, remuneration and social security | 45 | €51,919 | €4,000 | -€47,919 | -92.3% |
| Taxes | 450/3 | €51,919 | €4,000 | -€47,919 | -92.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21 | €751 | +€730 | +3,440% |
| Other operating charges | 640/8 | €50 | €400 | +€350 | +699% |
| Gross operating margin | 9900 | €90,783 | -€59,725 | -€150,507 | |
| Operating profit (loss) | 9901 | €90,711 | -€60,876 | -€151,587 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,511 | €1,340 | -€171 | -11.3% |
| Recurring financial charges | 65 | €1,511 | €1,340 | -€171 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €89,200 | -€62,215 | -€151,416 | |
| Income taxes | 67/77 | €33,972 | - | -€33,972 | |
| Profit (loss) for the period | 9904 | €55,229 | -€62,215 | -€117,444 | |
| Transfer to tax-exempt reserves | 689 | €40,000 | - | -€40,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,229 | -€62,215 | -€77,444 |
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 14 October 2026 via checked.be.