ITOPIA: 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.
What changed
ITOPIA
NACE 62.200, Computer consultancy and computer facilities management
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€4,241
2024 · €87,452-€91,693
Equity
€453,141
2024 · €457,382-€4,241
Cash
€2,722
2024 · €25,050-€22,328
Balance sheet total
€1.1m
2024 · €1.1m-€45,118
Largest movements
Assets
- Cash -€22,328
down €22,328 (-89.1%), from €25,050 to €2,722
mainly Debts after one year (-€47,761) and Investment in fixed assets (net) (-€29,796)
- Receivables within one year -€16,695
down €16,695 (-29.4%), from €56,708 to €40,013
of which Trade receivables: -€17,833
Equity and liabilities
- Debts after one year -€47,761
down €47,761 (-8.4%), from €571,557 to €523,796
Income statement
- Gross operating margin -€111,363
down €111,363 (-37.0%), from €300,645 to €189,282
- Taxes -€26,497
down €26,497 (-88.6%), from €29,890 to €3,394
- Depreciation +€9,570
up €9,570 (+37.8%), from €25,329 to €34,900
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.
Result 2024
€87,452
Gross operating margin
-€111,363
Staff costs
+€1,686
Depreciation
-€9,570
Other operating charges
+€195
Financial income
-€23
Financial charges
+€885
Taxes
+€26,497
Result 2025
-€4,241
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.
From operations
+€54,199
Investment
-€29,796
Financing
-€46,731
Cash 2024
€25,050
From operations (derived)
+€54,199
Net result for the year
-€4,241
Depreciation
+€34,900
Receivables within one year
+€16,695
Deferred charges and accrued income
+€992
Trade debts
+€9,254
Tax, wage and social debts
-€3,186
Other debts
-€215
Accrued charges and deferred income
+€0
Investment (derived)
-€29,796
Investment in fixed assets (net)
-€29,796
Financing
-€46,731
Debts after one year
-€47,761
Current portion of long-term debt
+€1,030
Cash 2025
€2,722
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,133,908 | €1,088,789 | -€45,118 | -4.0% |
| Fixed assets | 21/28 | €1,050,562 | €1,045,458 | -€5,104 | -0.5% |
| Tangible fixed assets | 22/27 | €1,050,402 | €1,045,298 | -€5,104 | -0.5% |
| Land and buildings | 22 | €1,040,167 | €1,028,378 | -€11,790 | -1.1% |
| Furniture and vehicles | 24 | €6,454 | €3,869 | -€2,585 | -40.1% |
| Assets under construction and advance payments | 27 | €3,780 | €13,051 | +€9,271 | +245.3% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €83,346 | €43,331 | -€40,015 | -48.0% |
| Amounts receivable within one year | 40/41 | €56,708 | €40,013 | -€16,695 | -29.4% |
| Trade receivables | 40 | €42,152 | €24,320 | -€17,833 | -42.3% |
| Other amounts receivable | 41 | €14,555 | €15,694 | +€1,138 | +7.8% |
| Cash at bank and in hand | 54/58 | €25,050 | €2,722 | -€22,328 | -89.1% |
| Deferred charges and accrued income | 490/1 | €1,589 | €596 | -€992 | -62.5% |
| Total equity and liabilities | 10/49 | €1,133,908 | €1,088,789 | -€45,118 | -4.0% |
| Equity | 10/15 | €457,382 | €453,141 | -€4,241 | -0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €438,782 | €434,541 | -€4,241 | -1.0% |
| 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 | €436,922 | €432,681 | -€4,241 | -1.0% |
| Amounts payable | 17/49 | €676,526 | €635,648 | -€40,878 | -6.0% |
| Amounts payable after more than one year | 17 | €571,557 | €523,796 | -€47,761 | -8.4% |
| Financial debts | 170/4 | €571,557 | €523,796 | -€47,761 | -8.4% |
| Amounts payable within one year | 42/48 | €104,968 | €111,851 | +€6,883 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €46,731 | €47,761 | +€1,030 | +2.2% |
| Trade debts | 44 | €1,883 | €11,137 | +€9,254 | +491.3% |
| Suppliers | 440/4 | €1,883 | €11,137 | +€9,254 | +491.3% |
| Taxes, remuneration and social security | 45 | €53,346 | €50,160 | -€3,186 | -6.0% |
| Taxes | 450/3 | €33,006 | €22,564 | -€10,441 | -31.6% |
| Remuneration and social security | 454/9 | €20,340 | €27,596 | +€7,256 | +35.7% |
| Other amounts payable | 47/48 | €3,008 | €2,794 | -€215 | -7.1% |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Non-recurring operating income | 76A | - | €112 | +€112 | |
| Remuneration, social security and pensions | 62 | €138,420 | €136,734 | -€1,686 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,329 | €34,900 | +€9,570 | +37.8% |
| Other operating charges | 640/8 | €3,106 | €2,911 | -€195 | -6.3% |
| Gross operating margin | 9900 | €300,645 | €189,282 | -€111,363 | -37.0% |
| Operating profit (loss) | 9901 | €133,790 | €14,738 | -€119,052 | -89.0% |
| Financial income | 75/76B | €33 | €10 | -€23 | -69.8% |
| Recurring financial income | 75 | €33 | €10 | -€23 | -69.8% |
| Financial charges | 65/66B | €16,480 | €15,595 | -€885 | -5.4% |
| Recurring financial charges | 65 | €16,480 | €15,595 | -€885 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €117,343 | -€847 | -€118,190 | |
| Income taxes | 67/77 | €29,890 | €3,394 | -€26,497 | -88.6% |
| Profit (loss) for the period | 9904 | €87,452 | -€4,241 | -€91,693 | |
| Profit (loss) for the period to be appropriated | 9905 | €87,452 | -€4,241 | -€91,693 |
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 8 October 2026 via checked.be.