ITandU: 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.
ITandU
Largest movements
- Tangible fixed assets +€25,799
up €25,799 (+126.6%), from €20,375 to €46,173
of which Furniture and vehicles: +€26,827
- Receivables within one year -€22,082
down €22,082 (-30.4%), from €72,684 to €50,602
of which Trade receivables: -€20,024
- Cash +€14,217
up €14,217 (+23.1%), from €61,561 to €75,778
mainly Receivables within one year (+€22,082) and Debts after one year (+€18,345)
- Debts after one year +€18,345
new in 2024: €18,345
- Trade debts -€16,312
down €16,312 (-64.0%), from €25,476 to €9,164
- Current portion of long-term debt +€9,016
new in 2024: €9,016
- Reserves +€8,010
up €8,010 (+6.0%), from €132,589 to €140,599
- Gross operating margin +€12,315
up €12,315 (+99.1%), from €12,426 to €24,740
- Taxes +€2,694
up €2,694 (+288.5%), from €934 to €3,628
- Depreciation +€2,327
up €2,327 (+30.2%), from €7,700 to €10,027
- Financial charges -€306
down €306 (-28.4%), from €1,076 to €770
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €161,913 | €180,949 | +€19,036 | +11.8% |
| Fixed assets | 21/28 | €20,875 | €46,673 | +€25,799 | +123.6% |
| Tangible fixed assets | 22/27 | €20,375 | €46,173 | +€25,799 | +126.6% |
| Plant, machinery and equipment | 23 | €7,760 | €6,732 | -€1,028 | -13.2% |
| Furniture and vehicles | 24 | €12,615 | €39,441 | +€26,827 | +212.7% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €141,038 | €134,275 | -€6,763 | -4.8% |
| Amounts receivable within one year | 40/41 | €72,684 | €50,602 | -€22,082 | -30.4% |
| Trade receivables | 40 | €43,976 | €23,952 | -€20,024 | -45.5% |
| Other amounts receivable | 41 | €28,708 | €26,650 | -€2,058 | -7.2% |
| Cash at bank and in hand | 54/58 | €61,561 | €75,778 | +€14,217 | +23.1% |
| Deferred charges and accrued income | 490/1 | €6,793 | €7,895 | +€1,102 | +16.2% |
| Total equity and liabilities | 10/49 | €161,913 | €180,949 | +€19,036 | +11.8% |
| Equity | 10/15 | €133,589 | €141,599 | +€8,010 | +6.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €132,589 | €140,599 | +€8,010 | +6.0% |
| Distributable reserves | 133 | €132,589 | €140,599 | +€8,010 | +6.0% |
| Amounts payable | 17/49 | €28,324 | €39,350 | +€11,026 | +38.9% |
| Amounts payable after more than one year | 17 | - | €18,345 | +€18,345 | |
| Financial debts | 170/4 | - | €18,345 | +€18,345 | |
| Amounts payable within one year | 42/48 | €28,324 | €20,471 | -€7,853 | -27.7% |
| Current portion of amounts payable after more than one year | 42 | - | €9,016 | +€9,016 | |
| Trade debts | 44 | €25,476 | €9,164 | -€16,312 | -64.0% |
| Suppliers | 440/4 | €25,476 | €9,164 | -€16,312 | -64.0% |
| Taxes, remuneration and social security | 45 | €1,133 | - | -€1,133 | |
| Taxes | 450/3 | €1,133 | - | -€1,133 | |
| Other amounts payable | 47/48 | €1,715 | €2,291 | +€576 | +33.6% |
| Accrued charges and deferred income | 492/3 | - | €534 | +€534 | |
| Non-recurring operating income | 76A | - | €12,785 | +€12,785 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,700 | €10,027 | +€2,327 | +30.2% |
| Other operating charges | 640/8 | €783 | €775 | -€7 | -0.9% |
| Gross operating margin | 9900 | €12,426 | €24,740 | +€12,315 | +99.1% |
| Operating profit (loss) | 9901 | €3,944 | €13,938 | +€9,995 | +253.4% |
| Financial income | 75/76B | €10 | €136 | +€127 | +1320.3% |
| Recurring financial income | 75 | €10 | €136 | +€127 | +1320.3% |
| Financial charges | 65/66B | €1,076 | €770 | -€306 | -28.4% |
| Recurring financial charges | 65 | €1,076 | €770 | -€306 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €2,877 | €13,305 | +€10,427 | +362.4% |
| Income taxes | 67/77 | €934 | €3,628 | +€2,694 | +288.5% |
| Profit (loss) for the period | 9904 | €1,943 | €9,676 | +€7,733 | +397.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,943 | €9,676 | +€7,733 | +397.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.