IT-SYSTEMES: 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-SYSTEMES
Largest movements
- Tangible fixed assets -€30,407
down €30,407 (-77.3%), from €39,316 to €8,910
of which Other tangible fixed assets: -€33,922
- Cash -€16,584
down €16,584 (-16.3%), from €101,863 to €85,279
mainly Trade debts (-€147,856) and Other debts (-€26,207)
- Stocks and contracts -€9,325
down €9,325 (-12.2%), from €76,212 to €66,887
- Receivables within one year -€7,264
down €7,264 (-2.3%), from €312,720 to €305,456
of which Trade receivables: -€60,513
- Trade debts -€147,856
down €147,856 (-55.5%), from €266,285 to €118,429
- Reserves +€75,010
up €75,010 (+4032.8%), from €1,860 to €76,870
of which Distributable reserves: +€75,010
- Tax, wage and social debts +€37,579
up €37,579 (+44.5%), from €84,481 to €122,060
of which Taxes: +€54,818
- Other debts -€26,207
no longer reported in 2025 (was €26,207)
- Gross operating margin +€92,877
up €92,877 (+31.4%), from €295,326 to €388,204
- Taxes +€27,296
up €27,296 (+160.4%), from €17,013 to €44,309
- Staff costs +€25,206
up €25,206 (+10.7%), from €235,434 to €260,641
- Other operating charges -€18,008
down €18,008 (-77.7%), from €23,181 to €5,172
- Financial income -€9,621
down €9,621 (-97.5%), from €9,870 to €249
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 | €530,111 | €468,672 | -€61,439 | -11.6% |
| Fixed assets | 21/28 | €39,316 | €8,910 | -€30,407 | -77.3% |
| Tangible fixed assets | 22/27 | €39,316 | €8,910 | -€30,407 | -77.3% |
| Furniture and vehicles | 24 | - | €3,515 | +€3,515 | |
| Other tangible fixed assets | 26 | €39,316 | €5,394 | -€33,922 | -86.3% |
| Current assets | 29/58 | €490,795 | €459,763 | -€31,032 | -6.3% |
| Stocks and contracts in progress | 3 | €76,212 | €66,887 | -€9,325 | -12.2% |
| Stocks | 30/36 | €76,212 | €66,887 | -€9,325 | -12.2% |
| Amounts receivable within one year | 40/41 | €312,720 | €305,456 | -€7,264 | -2.3% |
| Trade receivables | 40 | €292,487 | €231,974 | -€60,513 | -20.7% |
| Other amounts receivable | 41 | €20,233 | €73,482 | +€53,249 | +263.2% |
| Cash at bank and in hand | 54/58 | €101,863 | €85,279 | -€16,584 | -16.3% |
| Deferred charges and accrued income | 490/1 | - | €2,140 | +€2,140 | |
| Total equity and liabilities | 10/49 | €530,111 | €468,672 | -€61,439 | -11.6% |
| Equity | 10/15 | €153,138 | €228,148 | +€75,010 | +49.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €76,870 | +€75,010 | +4032.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €75,010 | +€75,010 | |
| Profit (loss) carried forward | 14 | €132,678 | €132,678 | = | 0.0% |
| Amounts payable | 17/49 | €376,972 | €240,524 | -€136,448 | -36.2% |
| Amounts payable within one year | 42/48 | €376,972 | €240,489 | -€136,483 | -36.2% |
| Trade debts | 44 | €266,285 | €118,429 | -€147,856 | -55.5% |
| Suppliers | 440/4 | €266,285 | €118,429 | -€147,856 | -55.5% |
| Taxes, remuneration and social security | 45 | €84,481 | €122,060 | +€37,579 | +44.5% |
| Taxes | 450/3 | €36,759 | €91,576 | +€54,818 | +149.1% |
| Remuneration and social security | 454/9 | €47,722 | €30,483 | -€17,239 | -36.1% |
| Other amounts payable | 47/48 | €26,207 | - | -€26,207 | |
| Accrued charges and deferred income | 492/3 | - | €35 | +€35 | |
| Non-recurring operating income | 76A | €2,157 | - | -€2,157 | |
| Remuneration, social security and pensions | 62 | €235,434 | €260,641 | +€25,206 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,581 | €778 | -€803 | -50.8% |
| Other operating charges | 640/8 | €23,181 | €5,172 | -€18,008 | -77.7% |
| Gross operating margin | 9900 | €295,326 | €388,204 | +€92,877 | +31.4% |
| Operating profit (loss) | 9901 | €35,131 | €121,613 | +€86,482 | +246.2% |
| Financial income | 75/76B | €9,870 | €249 | -€9,621 | -97.5% |
| Recurring financial income | 75 | €9,870 | €249 | -€9,621 | -97.5% |
| Financial charges | 65/66B | €1,893 | €2,543 | +€651 | +34.4% |
| Recurring financial charges | 65 | €1,893 | €2,543 | +€651 | +34.4% |
| Profit (loss) for the period before taxes | 9903 | €43,109 | €119,319 | +€76,210 | +176.8% |
| Income taxes | 67/77 | €17,013 | €44,309 | +€27,296 | +160.4% |
| Profit (loss) for the period | 9904 | €26,096 | €75,010 | +€48,914 | +187.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,096 | €75,010 | +€48,914 | +187.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.