IT2ServU: 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.
IT2ServU
Largest movements
- Tangible fixed assets -€21,623
down €21,623 (-8.0%), from €268,996 to €247,373
- Receivables within one year -€12,418
down €12,418 (-37.8%), from €32,836 to €20,419
of which Other amounts receivable: -€9,448
- Debts after one year -€28,947
down €28,947 (-17.7%), from €163,258 to €134,311
- Other debts -€14,426
down €14,426 (-64.7%), from €22,295 to €7,869
- Reserves +€13,277
up €13,277 (+14.3%), from €92,953 to €106,230
of which Distributable reserves: +€13,277
- Trade debts -€4,095
down €4,095 (-68.4%), from €5,986 to €1,891
- Gross operating margin +€9,162
up €9,162 (+23.3%), from €39,332 to €48,494
- Depreciation +€5,483
up €5,483 (+31.9%), from €17,189 to €22,672
- Taxes +€2,137
up €2,137 (+48.6%), from €4,398 to €6,535
- Write-downs -€1,119
down €1,119 (-100.0%), from €1,119 to €0
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 | €330,101 | €297,741 | -€32,360 | -9.8% |
| Fixed assets | 21/28 | €268,996 | €250,566 | -€18,431 | -6.9% |
| Tangible fixed assets | 22/27 | €268,996 | €247,373 | -€21,623 | -8.0% |
| Land and buildings | 22 | €213,094 | €203,796 | -€9,298 | -4.4% |
| Plant, machinery and equipment | 23 | €15,461 | €12,135 | -€3,327 | -21.5% |
| Furniture and vehicles | 24 | €40,441 | €31,442 | -€8,998 | -22.3% |
| Financial fixed assets | 28 | - | €3,192 | +€3,192 | |
| Current assets | 29/58 | €61,104 | €47,175 | -€13,929 | -22.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €32,836 | €20,419 | -€12,418 | -37.8% |
| Trade receivables | 40 | €23,354 | €20,385 | -€2,970 | -12.7% |
| Other amounts receivable | 41 | €9,482 | €34 | -€9,448 | -99.6% |
| Cash at bank and in hand | 54/58 | €28,042 | €26,392 | -€1,651 | -5.9% |
| Deferred charges and accrued income | 490/1 | €225 | €365 | +€140 | +62.0% |
| Total equity and liabilities | 10/49 | €330,101 | €297,741 | -€32,360 | -9.8% |
| Equity | 10/15 | €99,153 | €112,430 | +€13,277 | +13.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €92,953 | €106,230 | +€13,277 | +14.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €92,953 | €106,230 | +€13,277 | +14.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €230,947 | €185,311 | -€45,637 | -19.8% |
| Amounts payable after more than one year | 17 | €163,258 | €134,311 | -€28,947 | -17.7% |
| Financial debts | 170/4 | €163,258 | €134,311 | -€28,947 | -17.7% |
| Amounts payable within one year | 42/48 | €67,690 | €50,702 | -€16,987 | -25.1% |
| Current portion of amounts payable after more than one year | 42 | €28,206 | €28,947 | +€740 | +2.6% |
| Trade debts | 44 | €5,986 | €1,891 | -€4,095 | -68.4% |
| Suppliers | 440/4 | €5,986 | €1,891 | -€4,095 | -68.4% |
| Taxes, remuneration and social security | 45 | €11,202 | €11,995 | +€794 | +7.1% |
| Taxes | 450/3 | €11,202 | €11,995 | +€794 | +7.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €22,295 | €7,869 | -€14,426 | -64.7% |
| Accrued charges and deferred income | 492/3 | - | €297 | +€297 | |
| Non-recurring operating income | 76A | €446 | €0 | -€446 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,189 | €22,672 | +€5,483 | +31.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,119 | €0 | -€1,119 | -100.0% |
| Other operating charges | 640/8 | €871 | €990 | +€119 | +13.6% |
| Gross operating margin | 9900 | €39,332 | €48,494 | +€9,162 | +23.3% |
| Operating profit (loss) | 9901 | €20,153 | €24,832 | +€4,679 | +23.2% |
| Financial income | 75/76B | €208 | €0 | -€208 | -100.0% |
| Recurring financial income | 75 | €208 | €0 | -€208 | -100.0% |
| Financial charges | 65/66B | €5,110 | €5,021 | -€89 | -1.7% |
| Recurring financial charges | 65 | €5,110 | €5,021 | -€89 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €15,251 | €19,812 | +€4,561 | +29.9% |
| Income taxes | 67/77 | €4,398 | €6,535 | +€2,137 | +48.6% |
| Profit (loss) for the period | 9904 | €10,853 | €13,277 | +€2,424 | +22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,853 | €13,277 | +€2,424 | +22.3% |
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 8 October 2026 via checked.be.