IT2.0: 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.
IT2.0
Largest movements
- Tangible fixed assets -€9,252
down €9,252 (-62.7%), from €14,746 to €5,494
of which Furniture and vehicles: -€6,254
- Receivables within one year +€5,060
up €5,060 (+9.6%), from €52,496 to €57,556
of which Other amounts receivable: +€9,551
- Receivables after one year -€4,404
down €4,404 (-45.3%), from €9,711 to €5,307
- Cash -€2,723
down €2,723 (-29.8%), from €9,147 to €6,424
mainly Tax, wage and social debts (-€9,200) and Receivables within one year (-€5,060)
- Tax, wage and social debts -€9,200
down €9,200 (-92.1%), from €9,984 to €784
- Debts after one year -€3,144
no longer reported in 2025 (was €3,144)
- Profit (loss) carried forward +€2,353
up €2,353 (+12.6%), from -€18,637 to -€16,284
- Current portion of long-term debt -€1,527
down €1,527 (-32.7%), from €4,670 to €3,144
- Gross operating margin +€20,542
up €20,542, from -€8,124 to €12,418
- Financial charges +€911
up €911 (+73.2%), from €1,245 to €2,156
- Other operating charges -€733
down €733 (-44.0%), from €1,666 to €934
- Financial income +€441
up €441 (+21.9%), from €2,013 to €2,453
- Depreciation -€187
down €187 (-2.0%), from €9,439 to €9,252
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 | €86,100 | €74,781 | -€11,319 | -13.1% |
| Fixed assets | 21/28 | €14,746 | €5,494 | -€9,252 | -62.7% |
| Tangible fixed assets | 22/27 | €14,746 | €5,494 | -€9,252 | -62.7% |
| Land and buildings | 22 | €4,017 | €1,371 | -€2,646 | -65.9% |
| Plant, machinery and equipment | 23 | €1,245 | €892 | -€353 | -28.3% |
| Furniture and vehicles | 24 | €9,484 | €3,230 | -€6,254 | -65.9% |
| Current assets | 29/58 | €71,354 | €69,287 | -€2,066 | -2.9% |
| Amounts receivable after more than one year | 29 | €9,711 | €5,307 | -€4,404 | -45.3% |
| Other amounts receivable | 291 | €9,711 | €5,307 | -€4,404 | -45.3% |
| Amounts receivable within one year | 40/41 | €52,496 | €57,556 | +€5,060 | +9.6% |
| Trade receivables | 40 | €12,364 | €7,873 | -€4,491 | -36.3% |
| Other amounts receivable | 41 | €40,131 | €49,682 | +€9,551 | +23.8% |
| Cash at bank and in hand | 54/58 | €9,147 | €6,424 | -€2,723 | -29.8% |
| Total equity and liabilities | 10/49 | €86,100 | €74,781 | -€11,319 | -13.1% |
| Equity | 10/15 | €66,001 | €68,354 | +€2,353 | +3.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €78,437 | €78,437 | = | 0.0% |
| 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 | €76,577 | €76,577 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,637 | -€16,284 | +€2,353 | +12.6% |
| Amounts payable | 17/49 | €20,099 | €6,427 | -€13,672 | -68.0% |
| Amounts payable after more than one year | 17 | €3,144 | - | -€3,144 | |
| Financial debts | 170/4 | €3,144 | - | -€3,144 | |
| Amounts payable within one year | 42/48 | €16,955 | €6,427 | -€10,528 | -62.1% |
| Current portion of amounts payable after more than one year | 42 | €4,670 | €3,144 | -€1,527 | -32.7% |
| Trade debts | 44 | €2,301 | €2,499 | +€198 | +8.6% |
| Suppliers | 440/4 | €2,301 | €2,499 | +€198 | +8.6% |
| Taxes, remuneration and social security | 45 | €9,984 | €784 | -€9,200 | -92.1% |
| Taxes | 450/3 | €9,984 | €784 | -€9,200 | -92.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,439 | €9,252 | -€187 | -2.0% |
| Other operating charges | 640/8 | €1,666 | €934 | -€733 | -44.0% |
| Gross operating margin | 9900 | -€8,124 | €12,418 | +€20,542 | |
| Operating profit (loss) | 9901 | -€19,230 | €2,232 | +€21,461 | |
| Financial income | 75/76B | €2,013 | €2,453 | +€441 | +21.9% |
| Recurring financial income | 75 | €2,013 | €2,453 | +€441 | +21.9% |
| Financial charges | 65/66B | €1,245 | €2,156 | +€911 | +73.2% |
| Recurring financial charges | 65 | €1,245 | €2,156 | +€911 | +73.2% |
| Profit (loss) for the period before taxes | 9903 | -€18,462 | €2,529 | +€20,991 | |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | -€18,637 | €2,353 | +€20,989 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,637 | €2,353 | +€20,989 |
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 16 October 2026 via checked.be.