IT2XL: 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.
IT2XL
Largest movements
- Stocks and contracts -€17,163
down €17,163 (-65.4%), from €26,229 to €9,066
- Receivables within one year -€14,030
down €14,030 (-28.6%), from €48,979 to €34,949
of which Trade receivables: -€8,450
- Deferred charges and accrued income -€1,000
down €1,000 (-75.5%), from €1,325 to €325
- Trade debts -€32,850
down €32,850 (-37.1%), from €88,455 to €55,604
- Gross operating margin +€914
up €914 (+83.3%), from €1,098 to €2,013
- Depreciation +€384
up €384 (+713.3%), from €54 to €438
- Taxes +€131
up €131 (+95.6%), from €137 to €268
- Financial charges +€52
up €52 (+12.4%), from €418 to €470
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 | €99,423 | €67,728 | -€31,695 | -31.9% |
| Fixed assets | 21/28 | €1,259 | €821 | -€438 | -34.8% |
| Tangible fixed assets | 22/27 | €1,259 | €821 | -€438 | -34.8% |
| Furniture and vehicles | 24 | €1,259 | €821 | -€438 | -34.8% |
| Current assets | 29/58 | €98,164 | €66,907 | -€31,257 | -31.8% |
| Stocks and contracts in progress | 3 | €26,229 | €9,066 | -€17,163 | -65.4% |
| Stocks | 30/36 | €26,229 | €9,066 | -€17,163 | -65.4% |
| Amounts receivable within one year | 40/41 | €48,979 | €34,949 | -€14,030 | -28.6% |
| Trade receivables | 40 | €40,439 | €31,989 | -€8,450 | -20.9% |
| Other amounts receivable | 41 | €8,540 | €2,960 | -€5,580 | -65.3% |
| Cash at bank and in hand | 54/58 | €21,630 | €22,567 | +€937 | +4.3% |
| Deferred charges and accrued income | 490/1 | €1,325 | €325 | -€1,000 | -75.5% |
| Total equity and liabilities | 10/49 | €99,423 | €67,728 | -€31,695 | -31.9% |
| Equity | 10/15 | €10,831 | €11,541 | +€710 | +6.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €831 | €1,541 | +€710 | +85.5% |
| Distributable reserves | 133 | €831 | €1,541 | +€710 | +85.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €88,592 | €56,187 | -€32,405 | -36.6% |
| Amounts payable within one year | 42/48 | €88,592 | €56,187 | -€32,405 | -36.6% |
| Trade debts | 44 | €88,455 | €55,604 | -€32,850 | -37.1% |
| Suppliers | 440/4 | €88,455 | €55,604 | -€32,850 | -37.1% |
| Taxes, remuneration and social security | 45 | €137 | €268 | +€131 | +95.6% |
| Taxes | 450/3 | €137 | €268 | +€131 | +95.6% |
| Other amounts payable | 47/48 | €0 | €314 | +€314 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54 | €438 | +€384 | +713.3% |
| Other operating charges | 640/8 | €115 | €126 | +€11 | +9.6% |
| Gross operating margin | 9900 | €1,098 | €2,013 | +€914 | +83.3% |
| Operating profit (loss) | 9901 | €929 | €1,449 | +€520 | +55.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €418 | €470 | +€52 | +12.4% |
| Recurring financial charges | 65 | €418 | €470 | +€52 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | €511 | €979 | +€468 | +91.5% |
| Income taxes | 67/77 | €137 | €268 | +€131 | +95.6% |
| Profit (loss) for the period | 9904 | €374 | €710 | +€337 | +90.0% |
| Profit (loss) for the period to be appropriated | 9905 | €374 | €710 | +€337 | +90.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.