IT4FUSION: 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.
IT4FUSION
Largest movements
- Receivables after one year -€4,908
down €4,908 (-8.0%), from €61,244 to €56,336
- Cash +€3,301
up €3,301 (+48.9%), from €6,749 to €10,050
mainly Other debts (+€6,758) and Receivables after one year (+€4,908)
- Receivables within one year -€2,674
down €2,674 (-33.8%), from €7,921 to €5,247
of which Other amounts receivable: -€1,879
- Debts after one year -€9,344
down €9,344 (-23.7%), from €39,429 to €30,085
- Other debts +€6,758
up €6,758 (+477.2%), from €1,416 to €8,174
- Profit (loss) carried forward -€2,838
down €2,838 (-10.2%), from -€27,783 to -€30,621
- Gross operating margin +€8,723
up €8,723, from -€6,400 to €2,323
- Financial charges -€452
down €452 (-15.4%), from €2,931 to €2,479
- Depreciation +€434
up €434 (+12.9%), from €3,366 to €3,800
- Financial income -€150
down €150 (-8.0%), from €1,870 to €1,721
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 | €86,421 | €81,762 | -€4,659 | -5.4% |
| Fixed assets | 21/28 | €10,506 | €10,129 | -€377 | -3.6% |
| Tangible fixed assets | 22/27 | €10,506 | €10,129 | -€377 | -3.6% |
| Furniture and vehicles | 24 | €1,874 | €2,988 | +€1,115 | +59.5% |
| Leasing and similar rights | 25 | €8,633 | €7,141 | -€1,492 | -17.3% |
| Current assets | 29/58 | €75,914 | €71,633 | -€4,281 | -5.6% |
| Amounts receivable after more than one year | 29 | €61,244 | €56,336 | -€4,908 | -8.0% |
| Other amounts receivable | 291 | €61,244 | €56,336 | -€4,908 | -8.0% |
| Amounts receivable within one year | 40/41 | €7,921 | €5,247 | -€2,674 | -33.8% |
| Trade receivables | 40 | €1,134 | €339 | -€795 | -70.1% |
| Other amounts receivable | 41 | €6,787 | €4,908 | -€1,879 | -27.7% |
| Cash at bank and in hand | 54/58 | €6,749 | €10,050 | +€3,301 | +48.9% |
| Total equity and liabilities | 10/49 | €86,421 | €81,762 | -€4,659 | -5.4% |
| Equity | 10/15 | €35,758 | €32,920 | -€2,838 | -7.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €51,142 | €51,142 | = | 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% |
| Tax-exempt reserves | 132 | €9,594 | €9,594 | = | 0.0% |
| Distributable reserves | 133 | €39,688 | €39,688 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,783 | -€30,621 | -€2,838 | -10.2% |
| Amounts payable | 17/49 | €50,662 | €48,842 | -€1,820 | -3.6% |
| Amounts payable after more than one year | 17 | €39,429 | €30,085 | -€9,344 | -23.7% |
| Financial debts | 170/4 | €39,429 | €30,085 | -€9,344 | -23.7% |
| Amounts payable within one year | 42/48 | €11,233 | €18,757 | +€7,524 | +67.0% |
| Current portion of amounts payable after more than one year | 42 | €8,887 | €9,344 | +€457 | +5.1% |
| Trade debts | 44 | €663 | €534 | -€129 | -19.5% |
| Suppliers | 440/4 | €663 | €534 | -€129 | -19.5% |
| Taxes, remuneration and social security | 45 | €267 | €705 | +€438 | +163.9% |
| Taxes | 450/3 | €267 | €705 | +€438 | +163.9% |
| Other amounts payable | 47/48 | €1,416 | €8,174 | +€6,758 | +477.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,366 | €3,800 | +€434 | +12.9% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | -€6,400 | €2,323 | +€8,723 | |
| Operating profit (loss) | 9901 | -€10,294 | -€2,021 | +€8,273 | +80.4% |
| Financial income | 75/76B | €1,870 | €1,721 | -€150 | -8.0% |
| Recurring financial income | 75 | €1,870 | €1,721 | -€150 | -8.0% |
| Financial charges | 65/66B | €2,931 | €2,479 | -€452 | -15.4% |
| Recurring financial charges | 65 | €2,931 | €2,479 | -€452 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,354 | -€2,779 | +€8,575 | +75.5% |
| Income taxes | 67/77 | €57 | €59 | +€2 | +2.7% |
| Profit (loss) for the period | 9904 | -€11,411 | -€2,838 | +€8,573 | +75.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,411 | -€2,838 | +€8,573 | +75.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.