ITCraft: 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.
ITCraft
Largest movements
- Cash -€11,715
down €11,715 (-25.8%), from €45,400 to €33,684
mainly Other debts (-€11,190) and Net result for the year (-€7,122)
- Tangible fixed assets -€9,064
down €9,064 (-28.7%), from €31,612 to €22,547
of which Furniture and vehicles: -€9,887
- Other debts -€11,190
down €11,190 (-31.3%), from €35,694 to €24,504
- Reserves -€7,955
down €7,955 (-19.5%), from €40,754 to €32,799
- Tax, wage and social debts -€1,440
down €1,440 (-40.2%), from €3,580 to €2,140
of which Taxes: -€1,940
- Gross operating margin -€23,376
down €23,376 (-85.1%), from €27,476 to €4,100
- Taxes -€3,300
down €3,300 (-92.2%), from €3,580 to €280
- Other operating charges +€303
up €303 (+89.1%), from €341 to €644
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 | €86,300 | €65,641 | -€20,660 | -23.9% |
| Fixed assets | 21/28 | €31,612 | €22,547 | -€9,064 | -28.7% |
| Tangible fixed assets | 22/27 | €31,612 | €22,547 | -€9,064 | -28.7% |
| Plant, machinery and equipment | 23 | - | €823 | +€823 | |
| Furniture and vehicles | 24 | €31,612 | €21,725 | -€9,887 | -31.3% |
| Current assets | 29/58 | €54,689 | €43,093 | -€11,595 | -21.2% |
| Amounts receivable within one year | 40/41 | €8,972 | €9,079 | +€106 | +1.2% |
| Trade receivables | 40 | €6,000 | €0 | -€6,000 | -100% |
| Other amounts receivable | 41 | €2,972 | €9,079 | +€6,106 | +205% |
| Cash at bank and in hand | 54/58 | €45,400 | €33,684 | -€11,715 | -25.8% |
| Deferred charges and accrued income | 490/1 | €317 | €331 | +€14 | +4.4% |
| Total equity and liabilities | 10/49 | €86,300 | €65,641 | -€20,660 | -23.9% |
| Equity | 10/15 | €45,754 | €37,799 | -€7,955 | -17.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €40,754 | €32,799 | -€7,955 | -19.5% |
| Distributable reserves | 133 | €40,754 | €32,799 | -€7,955 | -19.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €40,546 | €27,841 | -€12,705 | -31.3% |
| Amounts payable within one year | 42/48 | €40,546 | €27,841 | -€12,705 | -31.3% |
| Financial debts | 43 | - | €21 | +€21 | |
| Credit institutions | 430/8 | - | €21 | +€21 | |
| Trade debts | 44 | €1,272 | €1,176 | -€96 | -7.6% |
| Suppliers | 440/4 | €1,272 | €1,176 | -€96 | -7.6% |
| Taxes, remuneration and social security | 45 | €3,580 | €2,140 | -€1,440 | -40.2% |
| Taxes | 450/3 | €2,080 | €140 | -€1,940 | -93.3% |
| Remuneration and social security | 454/9 | €1,500 | €2,000 | +€500 | +33.3% |
| Other amounts payable | 47/48 | €35,694 | €24,504 | -€11,190 | -31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,887 | €10,125 | +€238 | +2.4% |
| Other operating charges | 640/8 | €341 | €644 | +€303 | +89.1% |
| Gross operating margin | 9900 | €27,476 | €4,100 | -€23,376 | -85.1% |
| Operating profit (loss) | 9901 | €17,248 | -€6,670 | -€23,918 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €99 | €173 | +€74 | +74.3% |
| Recurring financial charges | 65 | €99 | €173 | +€74 | +74.3% |
| Profit (loss) for the period before taxes | 9903 | €17,152 | -€6,842 | -€23,995 | |
| Income taxes | 67/77 | €3,580 | €280 | -€3,300 | -92.2% |
| Profit (loss) for the period | 9904 | €13,573 | -€7,122 | -€20,694 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,573 | -€7,122 | -€20,694 |
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 22 October 2026 via checked.be.