IT-tude: 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-tude
Largest movements
- Cash +€109,511
up €109,511 (+114%), from €95,963 to €205,474
mainly Net result for the year (+€85,871) and Depreciation (+€28,644)
- Tangible fixed assets -€21,473
down €21,473 (-22.3%), from €96,398 to €74,925
of which Furniture and vehicles: -€23,083
- Receivables within one year -€8,843
down €8,843 (-5.9%), from €150,467 to €141,624
- Reserves +€85,871
up €85,871 (+48.0%), from €178,977 to €264,848
of which Distributable reserves: +€87,731
- Debts after one year -€14,378
down €14,378 (-31.9%), from €45,055 to €30,677
- Tax, wage and social debts +€7,441
up €7,441 (+16.6%), from €44,736 to €52,177
of which Taxes: +€6,050
- Gross operating margin +€16,861
up €16,861 (+6.8%), from €249,267 to €266,128
- Staff costs +€8,617
up €8,617 (+8.5%), from €101,509 to €110,125
- Taxes +€2,800
up €2,800 (+8.1%), from €34,770 to €37,571
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €344,073 | €423,268 | +€79,195 | +23.0% |
| Fixed assets | 21/28 | €97,643 | €76,170 | -€21,473 | -22.0% |
| Tangible fixed assets | 22/27 | €96,398 | €74,925 | -€21,473 | -22.3% |
| Plant, machinery and equipment | 23 | €5,166 | €7,725 | +€2,559 | +49.5% |
| Furniture and vehicles | 24 | €89,333 | €66,250 | -€23,083 | -25.8% |
| Other tangible fixed assets | 26 | €1,899 | €950 | -€950 | -50.0% |
| Financial fixed assets | 28 | €1,245 | €1,245 | = | 0.0% |
| Current assets | 29/58 | €246,430 | €347,098 | +€100,668 | +40.9% |
| Amounts receivable within one year | 40/41 | €150,467 | €141,624 | -€8,843 | -5.9% |
| Trade receivables | 40 | €150,467 | €141,624 | -€8,843 | -5.9% |
| Cash at bank and in hand | 54/58 | €95,963 | €205,474 | +€109,511 | +114% |
| Total equity and liabilities | 10/49 | €344,073 | €423,268 | +€79,195 | +23.0% |
| Equity | 10/15 | €220,866 | €306,737 | +€85,871 | +38.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €178,977 | €264,848 | +€85,871 | +48.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €177,117 | €264,848 | +€87,731 | +49.5% |
| Profit (loss) carried forward | 14 | €35,689 | €35,689 | = | 0.0% |
| Amounts payable | 17/49 | €123,207 | €116,531 | -€6,676 | -5.4% |
| Amounts payable after more than one year | 17 | €45,055 | €30,677 | -€14,378 | -31.9% |
| Financial debts | 170/4 | €45,055 | €30,677 | -€14,378 | -31.9% |
| Amounts payable within one year | 42/48 | €78,152 | €85,854 | +€7,702 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €13,767 | €14,378 | +€611 | +4.4% |
| Trade debts | 44 | €17,124 | €17,727 | +€603 | +3.5% |
| Suppliers | 440/4 | €17,124 | €17,727 | +€603 | +3.5% |
| Taxes, remuneration and social security | 45 | €44,736 | €52,177 | +€7,441 | +16.6% |
| Taxes | 450/3 | €25,572 | €31,622 | +€6,050 | +23.7% |
| Remuneration and social security | 454/9 | €19,164 | €20,555 | +€1,391 | +7.3% |
| Other amounts payable | 47/48 | €2,525 | €1,572 | -€953 | -37.8% |
| Remuneration, social security and pensions | 62 | €101,509 | €110,125 | +€8,617 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,063 | €28,644 | +€2,581 | +9.9% |
| Other operating charges | 640/8 | €1,125 | €1,385 | +€259 | +23.0% |
| Gross operating margin | 9900 | €249,267 | €266,128 | +€16,861 | +6.8% |
| Operating profit (loss) | 9901 | €120,570 | €125,975 | +€5,405 | +4.5% |
| Financial income | 75/76B | €9 | €215 | +€206 | +2,277% |
| Recurring financial income | 75 | €9 | €215 | +€206 | +2,277% |
| Financial charges | 65/66B | €3,224 | €2,749 | -€475 | -14.7% |
| Recurring financial charges | 65 | €3,224 | €2,749 | -€475 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €117,356 | €123,441 | +€6,086 | +5.2% |
| Income taxes | 67/77 | €34,770 | €37,571 | +€2,800 | +8.1% |
| Profit (loss) for the period | 9904 | €82,585 | €85,871 | +€3,285 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €82,585 | €85,871 | +€3,285 | +4.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.