ITBWorks.pro: 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.
ITBWorks.pro
Largest movements
- Receivables within one year -€12,598
down €12,598 (-35.6%), from €35,358 to €22,759
- Cash +€8,544
up €8,544 (+22.6%), from €37,795 to €46,339
mainly Net result for the year (+€16,746) and Receivables within one year (+€12,598)
- Tangible fixed assets -€2,693
down €2,693 (-21.2%), from €12,703 to €10,010
- Stocks and contracts +€2,529
up €2,529 (+220.1%), from €1,149 to €3,678
- Deferred charges and accrued income +€1,330
up €1,330 (+120.2%), from €1,107 to €2,437
- Profit (loss) carried forward +€15,913
up €15,913 (+31.8%), from €50,039 to €65,952
- Tax, wage and social debts -€13,602
down €13,602 (-67.8%), from €20,049 to €6,447
of which Taxes: -€11,352
- Debts after one year -€4,034
down €4,034 (-56.2%), from €7,172 to €3,138
- Other debts -€3,270
down €3,270 (-58.6%), from €5,577 to €2,306
- Trade debts +€1,406
up €1,406 (+149.7%), from €939 to €2,345
- Gross operating margin -€39,997
down €39,997 (-60.2%), from €66,447 to €26,450
- Taxes -€7,995
down €7,995 (-59.7%), from €13,394 to €5,398
- Depreciation +€1,802
up €1,802 (+126.5%), from €1,425 to €3,227
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 | €88,645 | €85,223 | -€3,422 | -3.9% |
| Formation expenses | 20 | €533 | - | -€533 | |
| Fixed assets | 21/28 | €12,703 | €10,010 | -€2,693 | -21.2% |
| Tangible fixed assets | 22/27 | €12,703 | €10,010 | -€2,693 | -21.2% |
| Furniture and vehicles | 24 | €12,703 | €10,010 | -€2,693 | -21.2% |
| Current assets | 29/58 | €75,408 | €75,213 | -€195 | -0.3% |
| Stocks and contracts in progress | 3 | €1,149 | €3,678 | +€2,529 | +220.1% |
| Stocks | 30/36 | €1,149 | €3,678 | +€2,529 | +220.1% |
| Amounts receivable within one year | 40/41 | €35,358 | €22,759 | -€12,598 | -35.6% |
| Trade receivables | 40 | €35,358 | €22,759 | -€12,598 | -35.6% |
| Cash at bank and in hand | 54/58 | €37,795 | €46,339 | +€8,544 | +22.6% |
| Deferred charges and accrued income | 490/1 | €1,107 | €2,437 | +€1,330 | +120.2% |
| Total equity and liabilities | 10/49 | €88,645 | €85,223 | -€3,422 | -3.9% |
| Equity | 10/15 | €51,039 | €66,952 | +€15,913 | +31.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,039 | €65,952 | +€15,913 | +31.8% |
| Amounts payable | 17/49 | €37,606 | €18,271 | -€19,335 | -51.4% |
| Amounts payable after more than one year | 17 | €7,172 | €3,138 | -€4,034 | -56.2% |
| Financial debts | 170/4 | €7,172 | €3,138 | -€4,034 | -56.2% |
| Amounts payable within one year | 42/48 | €30,434 | €15,133 | -€15,301 | -50.3% |
| Current portion of amounts payable after more than one year | 42 | €3,869 | €4,034 | +€165 | +4.3% |
| Trade debts | 44 | €939 | €2,345 | +€1,406 | +149.7% |
| Suppliers | 440/4 | €939 | €2,345 | +€1,406 | +149.7% |
| Taxes, remuneration and social security | 45 | €20,049 | €6,447 | -€13,602 | -67.8% |
| Taxes | 450/3 | €17,799 | €6,447 | -€11,352 | -63.8% |
| Remuneration and social security | 454/9 | €2,250 | - | -€2,250 | |
| Other amounts payable | 47/48 | €5,577 | €2,306 | -€3,270 | -58.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,425 | €3,227 | +€1,802 | +126.5% |
| Other operating charges | 640/8 | €607 | €595 | -€12 | -2.0% |
| Gross operating margin | 9900 | €66,447 | €26,450 | -€39,997 | -60.2% |
| Operating profit (loss) | 9901 | €64,415 | €22,629 | -€41,787 | -64.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +200.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +200.0% |
| Financial charges | 65/66B | €150 | €484 | +€334 | +223.1% |
| Recurring financial charges | 65 | €150 | €484 | +€334 | +223.1% |
| Profit (loss) for the period before taxes | 9903 | €64,266 | €22,145 | -€42,121 | -65.5% |
| Income taxes | 67/77 | €13,394 | €5,398 | -€7,995 | -59.7% |
| Profit (loss) for the period | 9904 | €50,872 | €16,746 | -€34,125 | -67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,872 | €16,746 | -€34,125 | -67.1% |
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 4 October 2026 via checked.be.