IT SUCCEED: what changed
Two fiscal 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 SUCCEED
Largest movements
- Current investments +€57,700
up €57,700 (+258.7%), from €22,300 to €80,000
- Cash -€35,816
down €35,816 (-73.5%), from €48,698 to €12,882
mainly Current investments (-€57,700) and Net result for the year (-€54,797)
- Receivables within one year -€28,656
down €28,656 (-87.5%), from €32,743 to €4,087
- Tangible fixed assets -€11,938
down €11,938 (-3.5%), from €345,504 to €333,566
of which Land and buildings: -€9,404
- Profit (loss) carried forward -€134,797
down €134,797 (-83.7%), from €160,982 to €26,185
- Reserves +€80,000
up €80,000 (+357.6%), from €22,371 to €102,371
of which Non-distributable reserves: +€80,000
- Other debts +€50,702
new in 2025: €50,702
- Debts after one year -€9,672
down €9,672 (-8.0%), from €121,481 to €111,809
- Gross operating margin -€23,417
down €23,417, from €10,743 to -€12,674
- Financial charges +€22,216
up €22,216 (+689.5%), from €3,222 to €25,438
- Financial income -€20,447
down €20,447 (-98.0%), from €20,855 to €408
- Other operating charges +€1,728
up €1,728 (+77.3%), from €2,235 to €3,963
- Taxes +€230
up €230 (+23.9%), from €962 to €1,192
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.
Cash bridge derived
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 | €449,494 | €430,784 | -€18,710 | -4.2% |
| Fixed assets | 21/28 | €345,754 | €333,816 | -€11,938 | -3.5% |
| Tangible fixed assets | 22/27 | €345,504 | €333,566 | -€11,938 | -3.5% |
| Land and buildings | 22 | €337,423 | €328,019 | -€9,404 | -2.8% |
| Plant, machinery and equipment | 23 | €4,188 | €3,678 | -€509 | -12.2% |
| Furniture and vehicles | 24 | €3,893 | €1,868 | -€2,025 | -52.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €103,741 | €96,969 | -€6,772 | -6.5% |
| Amounts receivable within one year | 40/41 | €32,743 | €4,087 | -€28,656 | -87.5% |
| Other amounts receivable | 41 | €32,743 | €4,087 | -€28,656 | -87.5% |
| Current investments | 50/53 | €22,300 | €80,000 | +€57,700 | +258.7% |
| Cash at bank and in hand | 54/58 | €48,698 | €12,882 | -€35,816 | -73.5% |
| Total equity and liabilities | 10/49 | €449,494 | €430,784 | -€18,710 | -4.2% |
| Equity | 10/15 | €313,353 | €258,556 | -€54,797 | -17.5% |
| Contributions | 10/11 | €130,000 | €130,000 | = | 0.0% |
| Outside capital | 11 | €130,000 | - | -€130,000 | |
| Other | 1109/19 | €130,000 | - | -€130,000 | |
| Reserves | 13 | €22,371 | €102,371 | +€80,000 | +357.6% |
| Non-distributable reserves | 130/1 | €1,119 | €81,119 | +€80,000 | +7152.2% |
| Reserves not available under the articles | 1311 | €1,119 | €81,119 | +€80,000 | +7152.2% |
| Distributable reserves | 133 | €21,252 | €21,252 | = | 0.0% |
| Profit (loss) carried forward | 14 | €160,982 | €26,185 | -€134,797 | -83.7% |
| Amounts payable | 17/49 | €136,141 | €172,228 | +€36,087 | +26.5% |
| Amounts payable after more than one year | 17 | €121,481 | €111,809 | -€9,672 | -8.0% |
| Financial debts | 170/4 | €121,481 | €111,809 | -€9,672 | -8.0% |
| Amounts payable within one year | 42/48 | €14,660 | €60,419 | +€45,759 | +312.1% |
| Current portion of amounts payable after more than one year | 42 | €8,721 | €9,672 | +€951 | +10.9% |
| Trade debts | 44 | €3,900 | €45 | -€3,855 | -98.8% |
| Suppliers | 440/4 | €3,900 | €45 | -€3,855 | -98.8% |
| Taxes, remuneration and social security | 45 | €2,039 | - | -€2,039 | |
| Taxes | 450/3 | €2,039 | - | -€2,039 | |
| Other amounts payable | 47/48 | - | €50,702 | +€50,702 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,765 | €11,938 | +€173 | +1.5% |
| Other operating charges | 640/8 | €2,235 | €3,963 | +€1,728 | +77.3% |
| Gross operating margin | 9900 | €10,743 | -€12,674 | -€23,417 | |
| Operating profit (loss) | 9901 | -€3,257 | -€28,576 | -€25,319 | -777.3% |
| Financial income | 75/76B | €20,855 | €408 | -€20,447 | -98.0% |
| Recurring financial income | 75 | €20,855 | €408 | -€20,447 | -98.0% |
| Financial charges | 65/66B | €3,222 | €25,438 | +€22,216 | +689.5% |
| Recurring financial charges | 65 | €3,222 | €25,438 | +€22,216 | +689.5% |
| Profit (loss) for the period before taxes | 9903 | €14,376 | -€53,605 | -€67,981 | |
| Income taxes | 67/77 | €962 | €1,192 | +€230 | +23.9% |
| Profit (loss) for the period | 9904 | €13,414 | -€54,797 | -€68,211 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,414 | -€54,797 | -€68,211 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.