ItBetterWorks: 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.
ItBetterWorks
Largest movements
- Current investments -€67,719
down €67,719 (-51.1%), from €132,399 to €64,680
- Tangible fixed assets -€23,748
down €23,748 (-4.9%), from €483,118 to €459,370
of which Land and buildings: -€24,552
- Cash +€20,153
up €20,153 (+27.0%), from €74,502 to €94,655
mainly Current investments (+€67,719) and Depreciation (+€25,632)
- Receivables within one year -€8,678
down €8,678 (-12.4%), from €69,996 to €61,318
of which Trade receivables: -€18,548
- Profit (loss) carried forward -€60,981
down €60,981 (-34.5%), from €176,692 to €115,712
- Other debts -€15,165
down €15,165 (-24.8%), from €61,176 to €46,011
- Financial charges +€73,747
up €73,747 (+20,007%), from €369 to €74,115
of which Non-recurring financial charges: +€67,490
- Other operating charges -€35,459
down €35,459 (-94.9%), from €37,352 to €1,893
- Gross operating margin +€16,567
up €16,567 (+68.6%), from €24,151 to €40,718
- Depreciation +€3,202
up €3,202 (+14.3%), from €22,430 to €25,632
- Financial income -€2,758
down €2,758 (-97.5%), from €2,830 to €71
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.
Derived cash bridge
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 | €761,518 | €681,444 | -€80,074 | -10.5% |
| Fixed assets | 21/28 | €483,118 | €459,370 | -€23,748 | -4.9% |
| Tangible fixed assets | 22/27 | €483,118 | €459,370 | -€23,748 | -4.9% |
| Land and buildings | 22 | €481,702 | €457,151 | -€24,552 | -5.1% |
| Plant, machinery and equipment | 23 | €169 | €79 | -€90 | -53.2% |
| Furniture and vehicles | 24 | €1,247 | €2,140 | +€894 | +71.7% |
| Current assets | 29/58 | €278,400 | €222,074 | -€56,326 | -20.2% |
| Amounts receivable within one year | 40/41 | €69,996 | €61,318 | -€8,678 | -12.4% |
| Trade receivables | 40 | €69,996 | €51,448 | -€18,548 | -26.5% |
| Other amounts receivable | 41 | - | €9,870 | +€9,870 | |
| Current investments | 50/53 | €132,399 | €64,680 | -€67,719 | -51.1% |
| Cash at bank and in hand | 54/58 | €74,502 | €94,655 | +€20,153 | +27.0% |
| Deferred charges and accrued income | 490/1 | €1,504 | €1,421 | -€82 | -5.5% |
| Total equity and liabilities | 10/49 | €761,518 | €681,444 | -€80,074 | -10.5% |
| Equity | 10/15 | €584,752 | €523,772 | -€60,981 | -10.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €401,860 | €401,860 | = | 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% |
| Distributable reserves | 133 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,692 | €115,712 | -€60,981 | -34.5% |
| Amounts payable | 17/49 | €176,766 | €157,672 | -€19,093 | -10.8% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €76,766 | €57,672 | -€19,093 | -24.9% |
| Trade debts | 44 | €5,954 | €1,702 | -€4,252 | -71.4% |
| Suppliers | 440/4 | €5,954 | €1,702 | -€4,252 | -71.4% |
| Taxes, remuneration and social security | 45 | €9,635 | €9,959 | +€324 | +3.4% |
| Taxes | 450/3 | €6,689 | €6,995 | +€306 | +4.6% |
| Remuneration and social security | 454/9 | €2,947 | €2,965 | +€18 | +0.6% |
| Other amounts payable | 47/48 | €61,176 | €46,011 | -€15,165 | -24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,430 | €25,632 | +€3,202 | +14.3% |
| Other operating charges | 640/8 | €37,352 | €1,893 | -€35,459 | -94.9% |
| Gross operating margin | 9900 | €24,151 | €40,718 | +€16,567 | +68.6% |
| Operating profit (loss) | 9901 | -€35,630 | €13,193 | +€48,823 | |
| Financial income | 75/76B | €2,830 | €71 | -€2,758 | -97.5% |
| Recurring financial income | 75 | €2,830 | €71 | -€2,758 | -97.5% |
| Financial charges | 65/66B | €369 | €74,115 | +€73,747 | +20,007% |
| Recurring financial charges | 65 | €369 | €6,625 | +€6,256 | +1,697% |
| Non-recurring financial charges | 66B | - | €67,490 | +€67,490 | |
| Profit (loss) for the period before taxes | 9903 | -€33,169 | -€60,851 | -€27,682 | -83.5% |
| Income taxes | 67/77 | €134 | €130 | -€4 | -3.3% |
| Profit (loss) for the period | 9904 | -€33,303 | -€60,981 | -€27,677 | -83.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,303 | -€60,981 | -€27,677 | -83.1% |
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 18 October 2026 via checked.be.