IT4IT Services: 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.
IT4IT Services
Largest movements
- Receivables within one year +€360,791
up €360,791 (+95.3%), from €378,610 to €739,401
of which Trade receivables: +€360,791
- Deferred charges and accrued income +€14,982
up €14,982 (+43.8%), from €34,242 to €49,224
- Other debts +€173,462
up €173,462 (+1013.1%), from €17,123 to €190,584
- Short-term financial debts +€117,512
new in 2025: €117,512
- Trade debts +€78,215
up €78,215 (+37.9%), from €206,226 to €284,441
- Tax, wage and social debts +€72,181
up €72,181 (+27.6%), from €261,548 to €333,730
of which Remuneration and social security: +€38,526
- Current portion of long-term debt -€67,707
down €67,707 (-100.0%), from €67,707 to €0
- Gross operating margin +€203,650
up €203,650 (+11.5%), from €1.8m to €2.0m
- Taxes +€40,575
up €40,575, from -€9,547 to €31,028
- Staff costs -€20,581
down €20,581 (-1.2%), from €1.8m to €1.7m
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 | €651,999 | €1,028,579 | +€376,581 | +57.8% |
| Fixed assets | 21/28 | €21,501 | €13,670 | -€7,832 | -36.4% |
| Tangible fixed assets | 22/27 | €21,501 | €13,670 | -€7,832 | -36.4% |
| Plant, machinery and equipment | 23 | €6,062 | €4,141 | -€1,921 | -31.7% |
| Furniture and vehicles | 24 | €15,440 | €9,529 | -€5,911 | -38.3% |
| Current assets | 29/58 | €630,498 | €1,014,910 | +€384,412 | +61.0% |
| Amounts receivable within one year | 40/41 | €378,610 | €739,401 | +€360,791 | +95.3% |
| Trade receivables | 40 | €341,820 | €702,611 | +€360,791 | +105.5% |
| Other amounts receivable | 41 | €36,790 | €36,790 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €217,646 | €226,285 | +€8,639 | +4.0% |
| Deferred charges and accrued income | 490/1 | €34,242 | €49,224 | +€14,982 | +43.8% |
| Total equity and liabilities | 10/49 | €651,999 | €1,028,579 | +€376,581 | +57.8% |
| Equity | 10/15 | €99,395 | €99,968 | +€573 | +0.6% |
| Contributions | 10/11 | €96,000 | €96,000 | = | 0.0% |
| Reserves | 13 | €3,395 | €3,968 | +€573 | +16.9% |
| Distributable reserves | 133 | €3,395 | €3,968 | +€573 | +16.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €552,604 | €928,611 | +€376,008 | +68.0% |
| Amounts payable within one year | 42/48 | €552,604 | €926,267 | +€373,664 | +67.6% |
| Current portion of amounts payable after more than one year | 42 | €67,707 | €0 | -€67,707 | -100.0% |
| Financial debts | 43 | - | €117,512 | +€117,512 | |
| Credit institutions | 430/8 | - | €117,512 | +€117,512 | |
| Trade debts | 44 | €206,226 | €284,441 | +€78,215 | +37.9% |
| Suppliers | 440/4 | €206,226 | €284,441 | +€78,215 | +37.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €261,548 | €333,730 | +€72,181 | +27.6% |
| Taxes | 450/3 | €32,648 | €66,304 | +€33,655 | +103.1% |
| Remuneration and social security | 454/9 | €228,900 | €267,426 | +€38,526 | +16.8% |
| Other amounts payable | 47/48 | €17,123 | €190,584 | +€173,462 | +1013.1% |
| Accrued charges and deferred income | 492/3 | - | €2,344 | +€2,344 | |
| Non-recurring operating income | 76A | €8,368 | €21,535 | +€13,167 | +157.4% |
| Remuneration, social security and pensions | 62 | €1,754,145 | €1,733,564 | -€20,581 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,029 | €10,899 | -€4,130 | -27.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,175 | +€7,175 | |
| Other operating charges | 640/8 | €39 | €2,214 | +€2,175 | +5605.5% |
| Gross operating margin | 9900 | €1,765,339 | €1,968,990 | +€203,650 | +11.5% |
| Operating profit (loss) | 9901 | -€3,873 | €215,138 | +€219,011 | |
| Financial income | 75/76B | €962 | €135 | -€827 | -85.9% |
| Recurring financial income | 75 | €962 | €135 | -€827 | -85.9% |
| Financial charges | 65/66B | €8,838 | €10,173 | +€1,335 | +15.1% |
| Recurring financial charges | 65 | €8,838 | €10,173 | +€1,335 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,749 | €205,101 | +€216,850 | |
| Income taxes | 67/77 | -€9,547 | €31,028 | +€40,575 | |
| Profit (loss) for the period | 9904 | -€2,202 | €174,073 | +€176,275 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,202 | €174,073 | +€176,275 |
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 7 October 2026 via checked.be.