IT4B: 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.
IT4B
Largest movements
- Receivables within one year +€25,860
up €25,860 (+108.9%), from €23,750 to €49,610
of which Trade receivables: +€27,588
- Cash -€7,709
down €7,709 (-7.7%), from €100,557 to €92,848
mainly Contributions, distributions and other (-€90,000) and Receivables within one year (-€25,860)
- Accrued charges and deferred income +€18,312
new in 2025: €18,312
- Trade debts -€5,995
down €5,995 (-47.7%), from €12,571 to €6,577
- Tax, wage and social debts +€4,753
up €4,753 (+94.4%), from €5,034 to €9,787
- Short-term financial debts -€2,335
down €2,335 (-82.5%), from €2,832 to €497
- Depreciation +€2,077
up €2,077 (+165.0%), from €1,259 to €3,336
- Taxes -€1,921
down €1,921 (-6.8%), from €28,375 to €26,454
- Financial charges +€1,858
up €1,858 (+90.1%), from €2,062 to €3,920
- Gross operating margin -€1,287
down €1,287 (-1.0%), from €127,127 to €125,840
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 | €136,915 | €153,822 | +€16,907 | +12.3% |
| Fixed assets | 21/28 | €11,741 | €10,203 | -€1,537 | -13.1% |
| Tangible fixed assets | 22/27 | €11,741 | €10,203 | -€1,537 | -13.1% |
| Plant, machinery and equipment | 23 | €11,496 | €10,203 | -€1,293 | -11.2% |
| Furniture and vehicles | 24 | €244 | €0 | -€244 | -100.0% |
| Current assets | 29/58 | €125,174 | €143,619 | +€18,444 | +14.7% |
| Amounts receivable within one year | 40/41 | €23,750 | €49,610 | +€25,860 | +108.9% |
| Trade receivables | 40 | €18,450 | €46,038 | +€27,588 | +149.5% |
| Other amounts receivable | 41 | €5,300 | €3,572 | -€1,727 | -32.6% |
| Cash at bank and in hand | 54/58 | €100,557 | €92,848 | -€7,709 | -7.7% |
| Deferred charges and accrued income | 490/1 | €867 | €1,160 | +€294 | +33.9% |
| Total equity and liabilities | 10/49 | €136,915 | €153,822 | +€16,907 | +12.3% |
| Equity | 10/15 | €112,502 | €113,519 | +€1,016 | +0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €93,902 | €94,919 | +€1,016 | +1.1% |
| Distributable reserves | 133 | €93,902 | €94,919 | +€1,016 | +1.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €24,413 | €40,303 | +€15,891 | +65.1% |
| Amounts payable within one year | 42/48 | €24,413 | €21,991 | -€2,421 | -9.9% |
| Financial debts | 43 | €2,832 | €497 | -€2,335 | -82.5% |
| Credit institutions | 430/8 | €2,832 | €497 | -€2,335 | -82.5% |
| Trade debts | 44 | €12,571 | €6,577 | -€5,995 | -47.7% |
| Suppliers | 440/4 | €12,571 | €6,577 | -€5,995 | -47.7% |
| Taxes, remuneration and social security | 45 | €5,034 | €9,787 | +€4,753 | +94.4% |
| Taxes | 450/3 | €5,034 | €9,787 | +€4,753 | +94.4% |
| Other amounts payable | 47/48 | €3,976 | €5,131 | +€1,155 | +29.1% |
| Accrued charges and deferred income | 492/3 | - | €18,312 | +€18,312 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,259 | €3,336 | +€2,077 | +165.0% |
| Other operating charges | 640/8 | €1,834 | €1,442 | -€392 | -21.4% |
| Non-recurring operating charges | 66A | €25 | €0 | -€25 | -100.0% |
| Gross operating margin | 9900 | €127,127 | €125,840 | -€1,287 | -1.0% |
| Operating profit (loss) | 9901 | €124,008 | €121,061 | -€2,947 | -2.4% |
| Financial income | 75/76B | €331 | €329 | -€1 | -0.4% |
| Recurring financial income | 75 | €331 | €329 | -€1 | -0.4% |
| Financial charges | 65/66B | €2,062 | €3,920 | +€1,858 | +90.1% |
| Recurring financial charges | 65 | €2,062 | €3,920 | +€1,858 | +90.1% |
| Profit (loss) for the period before taxes | 9903 | €122,277 | €117,470 | -€4,806 | -3.9% |
| Income taxes | 67/77 | €28,375 | €26,454 | -€1,921 | -6.8% |
| Profit (loss) for the period | 9904 | €93,902 | €91,016 | -€2,886 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €93,902 | €91,016 | -€2,886 | -3.1% |
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 6 October 2026 via checked.be.