IT VEINS SOLUTIONS: 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 VEINS SOLUTIONS
Largest movements
- Tangible fixed assets +€257,885
up €257,885 (+2,178%), from €11,840 to €269,725
of which Land and buildings: +€258,016
- Cash -€109,979
down €109,979 (-40.7%), from €270,441 to €160,462
mainly Investment in fixed assets (net) (-€268,741) and Trade debts (-€26,164)
- Receivables within one year -€15,869
down €15,869 (-18.5%), from €85,660 to €69,791
of which Trade receivables: -€29,373
- Debts after one year +€89,909
new in 2025: €89,909
- Profit (loss) carried forward +€56,781
up €56,781 (+21.2%), from €268,327 to €325,108
- Trade debts -€26,164
down €26,164 (-41.5%), from €63,082 to €36,917
- Current portion of long-term debt +€9,698
new in 2025: €9,698
- Gross operating margin +€13,653
up €13,653 (+12.6%), from €108,780 to €122,433
- Staff costs +€12,395
up €12,395 (+54.9%), from €22,574 to €34,969
- Depreciation +€8,841
up €8,841 (+439%), from €2,016 to €10,857
- Financial charges +€2,949
up €2,949 (+254%), from €1,160 to €4,109
- Taxes +€1,812
up €1,812 (+14.2%), from €12,770 to €14,583
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 | €367,940 | €499,978 | +€132,037 | +35.9% |
| Fixed assets | 21/28 | €11,840 | €269,725 | +€257,885 | +2,178% |
| Tangible fixed assets | 22/27 | €11,840 | €269,725 | +€257,885 | +2,178% |
| Land and buildings | 22 | - | €258,016 | +€258,016 | |
| Plant, machinery and equipment | 23 | €1,415 | €3,120 | +€1,705 | +121% |
| Furniture and vehicles | 24 | €6,105 | €4,749 | -€1,356 | -22.2% |
| Leasing and similar rights | 25 | €4,320 | €3,840 | -€480 | -11.1% |
| Current assets | 29/58 | €356,100 | €230,253 | -€125,848 | -35.3% |
| Amounts receivable within one year | 40/41 | €85,660 | €69,791 | -€15,869 | -18.5% |
| Trade receivables | 40 | €76,644 | €47,271 | -€29,373 | -38.3% |
| Other amounts receivable | 41 | €9,015 | €22,520 | +€13,505 | +150% |
| Cash at bank and in hand | 54/58 | €270,441 | €160,462 | -€109,979 | -40.7% |
| Total equity and liabilities | 10/49 | €367,940 | €499,978 | +€132,037 | +35.9% |
| Equity | 10/15 | €270,327 | €327,108 | +€56,781 | +21.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €268,327 | €325,108 | +€56,781 | +21.2% |
| Amounts payable | 17/49 | €97,613 | €172,870 | +€75,256 | +77.1% |
| Amounts payable after more than one year | 17 | - | €89,909 | +€89,909 | |
| Financial debts | 170/4 | - | €89,909 | +€89,909 | |
| Amounts payable within one year | 42/48 | €97,613 | €82,960 | -€14,653 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | - | €9,698 | +€9,698 | |
| Trade debts | 44 | €63,082 | €36,917 | -€26,164 | -41.5% |
| Suppliers | 440/4 | €63,082 | €36,917 | -€26,164 | -41.5% |
| Taxes, remuneration and social security | 45 | €34,532 | €36,345 | +€1,813 | +5.2% |
| Taxes | 450/3 | €28,796 | €29,559 | +€764 | +2.7% |
| Remuneration and social security | 454/9 | €5,736 | €6,785 | +€1,049 | +18.3% |
| Remuneration, social security and pensions | 62 | €22,574 | €34,969 | +€12,395 | +54.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,016 | €10,857 | +€8,841 | +439% |
| Other operating charges | 640/8 | €304 | €1,135 | +€832 | +274% |
| Gross operating margin | 9900 | €108,780 | €122,433 | +€13,653 | +12.6% |
| Operating profit (loss) | 9901 | €83,887 | €75,472 | -€8,414 | -10.0% |
| Financial income | 75/76B | €88 | - | -€88 | |
| Recurring financial income | 75 | €88 | - | -€88 | |
| Financial charges | 65/66B | €1,160 | €4,109 | +€2,949 | +254% |
| Recurring financial charges | 65 | €1,160 | €4,109 | +€2,949 | +254% |
| Profit (loss) for the period before taxes | 9903 | €82,814 | €71,363 | -€11,451 | -13.8% |
| Income taxes | 67/77 | €12,770 | €14,583 | +€1,812 | +14.2% |
| Profit (loss) for the period | 9904 | €70,044 | €56,781 | -€13,263 | -18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €70,044 | €56,781 | -€13,263 | -18.9% |
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.