ITOPS: 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.
ITOPS
Largest movements
- Receivables within one year -€91,590
down €91,590 (-29.4%), from €311,520 to €219,930
of which Other amounts receivable: -€106,850
- Cash +€27,879
up €27,879 (+1,545%), from €1,804 to €29,684
mainly Receivables within one year (+€91,590) and Tax, wage and social debts (+€4,016)
- Other debts -€63,194
down €63,194 (-20.5%), from €308,438 to €245,243
- Tax, wage and social debts +€4,016
up €4,016 (+63,243%), from €6 to €4,022
- Trade debts -€3,323
down €3,323 (-87.8%), from €3,782 to €460
- Gross operating margin +€7,277
up €7,277, from -€3,493 to €3,783
- Taxes +€958
up €958, from €0 to €958
- Financial charges +€920
up €920 (+323%), from €285 to €1,205
of which Non-recurring financial charges: +€1,086
- Depreciation -€323
down €323 (-30.1%), from €1,074 to €751
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 | €316,115 | €254,083 | -€62,032 | -19.6% |
| Fixed assets | 21/28 | €2,790 | €3,155 | +€365 | +13.1% |
| Tangible fixed assets | 22/27 | €2,790 | €3,155 | +€365 | +13.1% |
| Furniture and vehicles | 24 | €2,790 | €3,155 | +€365 | +13.1% |
| Current assets | 29/58 | €313,324 | €250,928 | -€62,396 | -19.9% |
| Stocks and contracts in progress | 3 | - | €1,314 | +€1,314 | |
| Stocks | 30/36 | - | €1,314 | +€1,314 | |
| Amounts receivable within one year | 40/41 | €311,520 | €219,930 | -€91,590 | -29.4% |
| Trade receivables | 40 | €470 | €15,730 | +€15,260 | +3,245% |
| Other amounts receivable | 41 | €311,050 | €204,200 | -€106,850 | -34.4% |
| Cash at bank and in hand | 54/58 | €1,804 | €29,684 | +€27,879 | +1,545% |
| Total equity and liabilities | 10/49 | €316,115 | €254,083 | -€62,032 | -19.6% |
| Equity | 10/15 | €3,888 | €4,357 | +€469 | +12.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,888 | €2,357 | +€469 | +24.8% |
| Amounts payable | 17/49 | €312,226 | €249,725 | -€62,501 | -20.0% |
| Amounts payable within one year | 42/48 | €312,226 | €249,725 | -€62,501 | -20.0% |
| Trade debts | 44 | €3,782 | €460 | -€3,323 | -87.8% |
| Suppliers | 440/4 | €3,782 | €460 | -€3,323 | -87.8% |
| Taxes, remuneration and social security | 45 | €6 | €4,022 | +€4,016 | +63,243% |
| Taxes | 450/3 | €6 | €4,022 | +€4,016 | +63,243% |
| Other amounts payable | 47/48 | €308,438 | €245,243 | -€63,194 | -20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,074 | €751 | -€323 | -30.1% |
| Other operating charges | 640/8 | €437 | €400 | -€38 | -8.6% |
| Gross operating margin | 9900 | -€3,493 | €3,783 | +€7,277 | |
| Operating profit (loss) | 9901 | -€5,005 | €2,632 | +€7,638 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €285 | €1,205 | +€920 | +323% |
| Recurring financial charges | 65 | €285 | €119 | -€165 | -58.1% |
| Non-recurring financial charges | 66B | - | €1,086 | +€1,086 | |
| Profit (loss) for the period before taxes | 9903 | -€5,290 | €1,427 | +€6,717 | |
| Income taxes | 67/77 | €0 | €958 | +€958 | |
| Profit (loss) for the period | 9904 | -€5,290 | €469 | +€5,759 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,290 | €469 | +€5,759 |
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 14 October 2026 via checked.be.