ITBIZZ NETWORKS: 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.
ITBIZZ NETWORKS
Largest movements
- Tangible fixed assets -€17,133
down €17,133 (-5.0%), from €339,855 to €322,722
of which Land and buildings: -€13,264
- Receivables within one year -€5,136
down €5,136 (-11.4%), from €45,182 to €40,047
of which Other amounts receivable: -€8,781
- Reserves +€23,050
up €23,050 (+22.7%), from €101,731 to €124,780
- Debts after one year -€17,305
down €17,305 (-7.1%), from €243,256 to €225,951
- Current portion of long-term debt -€9,396
down €9,396 (-31.2%), from €30,109 to €20,713
- Other debts -€8,580
down €8,580 (-63.8%), from €13,448 to €4,867
- Trade debts -€7,445
down €7,445 (-37.4%), from €19,886 to €12,441
- Gross operating margin +€28,397
up €28,397 (+46.8%), from €60,728 to €89,126
- Depreciation -€12,294
down €12,294 (-35.3%), from €34,791 to €22,497
- Taxes +€8,772
up €8,772 (+211.8%), from €4,141 to €12,914
- Financial charges +€4,505
up €4,505 (+31.6%), from €14,247 to €18,752
- Other operating charges +€1,066
up €1,066 (+75.7%), from €1,408 to €2,474
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 | €425,951 | €407,282 | -€18,669 | -4.4% |
| Fixed assets | 21/28 | €341,925 | €324,792 | -€17,133 | -5.0% |
| Tangible fixed assets | 22/27 | €339,855 | €322,722 | -€17,133 | -5.0% |
| Land and buildings | 22 | €305,461 | €292,197 | -€13,264 | -4.3% |
| Plant, machinery and equipment | 23 | €3,096 | €2,560 | -€536 | -17.3% |
| Furniture and vehicles | 24 | €22,254 | €15,652 | -€6,602 | -29.7% |
| Leasing and similar rights | 25 | €9,044 | - | -€9,044 | |
| Other tangible fixed assets | 26 | - | €12,313 | +€12,313 | |
| Financial fixed assets | 28 | €2,070 | €2,070 | = | 0.0% |
| Current assets | 29/58 | €84,026 | €82,491 | -€1,536 | -1.8% |
| Stocks and contracts in progress | 3 | €750 | €600 | -€150 | -20.0% |
| Stocks | 30/36 | €750 | €600 | -€150 | -20.0% |
| Amounts receivable within one year | 40/41 | €45,182 | €40,047 | -€5,136 | -11.4% |
| Trade receivables | 40 | €22,498 | €26,143 | +€3,646 | +16.2% |
| Other amounts receivable | 41 | €22,685 | €13,903 | -€8,781 | -38.7% |
| Current investments | 50/53 | - | €2,050 | +€2,050 | |
| Cash at bank and in hand | 54/58 | €37,998 | €39,719 | +€1,720 | +4.5% |
| Deferred charges and accrued income | 490/1 | €96 | €75 | -€21 | -21.4% |
| Total equity and liabilities | 10/49 | €425,951 | €407,282 | -€18,669 | -4.4% |
| Equity | 10/15 | €107,931 | €130,980 | +€23,050 | +21.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €101,731 | €124,780 | +€23,050 | +22.7% |
| Distributable reserves | 133 | €101,731 | €124,780 | +€23,050 | +22.7% |
| Amounts payable | 17/49 | €318,021 | €276,302 | -€41,718 | -13.1% |
| Amounts payable after more than one year | 17 | €243,256 | €225,951 | -€17,305 | -7.1% |
| Financial debts | 170/4 | €243,256 | €225,951 | -€17,305 | -7.1% |
| Amounts payable within one year | 42/48 | €74,765 | €50,351 | -€24,414 | -32.7% |
| Current portion of amounts payable after more than one year | 42 | €30,109 | €20,713 | -€9,396 | -31.2% |
| Trade debts | 44 | €19,886 | €12,441 | -€7,445 | -37.4% |
| Suppliers | 440/4 | €19,886 | €12,441 | -€7,445 | -37.4% |
| Taxes, remuneration and social security | 45 | €11,322 | €12,329 | +€1,008 | +8.9% |
| Taxes | 450/3 | €11,322 | €12,329 | +€1,008 | +8.9% |
| Other amounts payable | 47/48 | €13,448 | €4,867 | -€8,580 | -63.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,791 | €22,497 | -€12,294 | -35.3% |
| Other operating charges | 640/8 | €1,408 | €2,474 | +€1,066 | +75.7% |
| Non-recurring operating charges | 66A | - | €4,582 | +€4,582 | |
| Gross operating margin | 9900 | €60,728 | €89,126 | +€28,397 | +46.8% |
| Operating profit (loss) | 9901 | €24,529 | €59,572 | +€35,043 | +142.9% |
| Financial income | 75/76B | €0 | €11 | +€11 | +110800.0% |
| Recurring financial income | 75 | €0 | €11 | +€11 | +110800.0% |
| Financial charges | 65/66B | €14,247 | €18,752 | +€4,505 | +31.6% |
| Recurring financial charges | 65 | €14,247 | €18,752 | +€4,505 | +31.6% |
| Profit (loss) for the period before taxes | 9903 | €10,282 | €40,831 | +€30,549 | +297.1% |
| Income taxes | 67/77 | €4,141 | €12,914 | +€8,772 | +211.8% |
| Profit (loss) for the period | 9904 | €6,141 | €27,917 | +€21,776 | +354.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,141 | €27,917 | +€21,776 | +354.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.