IT-Source: 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-Source
Largest movements
- Cash +€58,865
up €58,865 (+81.0%), from €72,642 to €131,508
mainly Net result for the year (+€62,406) and Tax, wage and social debts (+€12,804)
- Receivables within one year +€13,051
up €13,051 (+22.2%), from €58,833 to €71,884
of which Other amounts receivable: +€12,291
- Reserves +€62,300
up €62,300 (+57.3%), from €108,760 to €171,060
- Tax, wage and social debts +€12,804
up €12,804 (+68.8%), from €18,600 to €31,404
- Trade debts -€2,893
down €2,893 (-36.5%), from €7,931 to €5,038
- Gross operating margin +€51,669
up €51,669 (+124%), from €41,547 to €93,216
- Taxes +€15,211
up €15,211 (+111%), from €13,698 to €28,909
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 | €150,899 | €223,216 | +€72,317 | +47.9% |
| Fixed assets | 21/28 | €3,051 | €3,190 | +€140 | +4.6% |
| Tangible fixed assets | 22/27 | €3,034 | €3,169 | +€135 | +4.5% |
| Furniture and vehicles | 24 | €920 | €1,420 | +€499 | +54.2% |
| Other tangible fixed assets | 26 | €2,113 | €1,749 | -€364 | -17.2% |
| Financial fixed assets | 28 | €17 | €22 | +€5 | +28.8% |
| Current assets | 29/58 | €147,849 | €220,026 | +€72,177 | +48.8% |
| Amounts receivable after more than one year | 29 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 291 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €58,833 | €71,884 | +€13,051 | +22.2% |
| Trade receivables | 40 | €18,310 | €19,070 | +€761 | +4.2% |
| Other amounts receivable | 41 | €40,523 | €52,813 | +€12,291 | +30.3% |
| Cash at bank and in hand | 54/58 | €72,642 | €131,508 | +€58,865 | +81.0% |
| Deferred charges and accrued income | 490/1 | €1,374 | €1,635 | +€261 | +19.0% |
| Total equity and liabilities | 10/49 | €150,899 | €223,216 | +€72,317 | +47.9% |
| Equity | 10/15 | €123,518 | €185,924 | +€62,406 | +50.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €108,760 | €171,060 | +€62,300 | +57.3% |
| Distributable reserves | 133 | €108,760 | €171,060 | +€62,300 | +57.3% |
| Profit (loss) carried forward | 14 | €8,558 | €8,664 | +€106 | +1.2% |
| Amounts payable | 17/49 | €27,381 | €37,292 | +€9,911 | +36.2% |
| Amounts payable within one year | 42/48 | €26,531 | €36,442 | +€9,911 | +37.4% |
| Trade debts | 44 | €7,931 | €5,038 | -€2,893 | -36.5% |
| Suppliers | 440/4 | €7,931 | €5,038 | -€2,893 | -36.5% |
| Taxes, remuneration and social security | 45 | €18,600 | €31,404 | +€12,804 | +68.8% |
| Taxes | 450/3 | €18,600 | €31,404 | +€12,804 | +68.8% |
| Accrued charges and deferred income | 492/3 | €850 | €850 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,199 | €1,434 | +€236 | +19.7% |
| Other operating charges | 640/8 | €232 | €361 | +€129 | +55.7% |
| Gross operating margin | 9900 | €41,547 | €93,216 | +€51,669 | +124% |
| Operating profit (loss) | 9901 | €40,117 | €91,421 | +€51,304 | +128% |
| Financial income | 75/76B | €10 | €10 | -€0 | -2.0% |
| Recurring financial income | 75 | €10 | €10 | -€0 | -2.0% |
| Financial charges | 65/66B | €115 | €115 | +€0 | +0.2% |
| Recurring financial charges | 65 | €115 | €115 | +€0 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €40,012 | €91,316 | +€51,304 | +128% |
| Income taxes | 67/77 | €13,698 | €28,909 | +€15,211 | +111% |
| Profit (loss) for the period | 9904 | €26,313 | €62,406 | +€36,093 | +137% |
| Profit (loss) for the period to be appropriated | 9905 | €26,313 | €62,406 | +€36,093 | +137% |
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 23 October 2026 via checked.be.