ITproposal: 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.
ITproposal
Largest movements
- Cash -€4,127
down €4,127 (-99.3%), from €4,157 to €30
mainly Net result for the year (-€19,263) and Investment in fixed assets (net) (-€245)
- Tangible fixed assets -€2,110
down €2,110 (-21.4%), from €9,881 to €7,771
- Receivables within one year -€1,255
down €1,255 (-21.0%), from €5,966 to €4,712
of which Trade receivables: -€1,966
- Financial fixed assets +€245
up €245 (+144.3%), from €170 to €415
- Profit (loss) carried forward -€19,263
down €19,263 (-70.9%), from -€27,169 to -€46,432
- Other debts +€6,527
up €6,527 (+19.3%), from €33,891 to €40,418
- Trade debts +€3,334
up €3,334 (+6864.9%), from €49 to €3,383
- Tax, wage and social debts +€2,150
up €2,150 (+22.5%), from €9,537 to €11,687
of which Remuneration and social security: +€3,510
- Gross operating margin +€11,753
up €11,753 (+74.0%), from €15,884 to €27,637
- Staff costs +€1,935
up €1,935 (+4.6%), from €41,970 to €43,905
- Depreciation +€1,441
up €1,441 (+215.5%), from €669 to €2,110
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 | €20,307 | €13,056 | -€7,251 | -35.7% |
| Fixed assets | 21/28 | €10,051 | €8,187 | -€1,865 | -18.6% |
| Tangible fixed assets | 22/27 | €9,881 | €7,771 | -€2,110 | -21.4% |
| Furniture and vehicles | 24 | €9,881 | €7,771 | -€2,110 | -21.4% |
| Financial fixed assets | 28 | €170 | €415 | +€245 | +144.3% |
| Current assets | 29/58 | €10,255 | €4,869 | -€5,386 | -52.5% |
| Amounts receivable within one year | 40/41 | €5,966 | €4,712 | -€1,255 | -21.0% |
| Trade receivables | 40 | €1,966 | €0 | -€1,966 | -100.0% |
| Other amounts receivable | 41 | €4,000 | €4,712 | +€712 | +17.8% |
| Cash at bank and in hand | 54/58 | €4,157 | €30 | -€4,127 | -99.3% |
| Deferred charges and accrued income | 490/1 | €132 | €127 | -€5 | -3.5% |
| Total equity and liabilities | 10/49 | €20,307 | €13,056 | -€7,251 | -35.7% |
| Equity | 10/15 | -€23,169 | -€42,432 | -€19,263 | -83.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,169 | -€46,432 | -€19,263 | -70.9% |
| Amounts payable | 17/49 | €43,476 | €55,488 | +€12,012 | +27.6% |
| Amounts payable within one year | 42/48 | €43,476 | €55,488 | +€12,012 | +27.6% |
| Trade debts | 44 | €49 | €3,383 | +€3,334 | +6864.9% |
| Suppliers | 440/4 | €49 | €3,383 | +€3,334 | +6864.9% |
| Taxes, remuneration and social security | 45 | €9,537 | €11,687 | +€2,150 | +22.5% |
| Taxes | 450/3 | €2,675 | €1,315 | -€1,360 | -50.8% |
| Remuneration and social security | 454/9 | €6,861 | €10,372 | +€3,510 | +51.2% |
| Other amounts payable | 47/48 | €33,891 | €40,418 | +€6,527 | +19.3% |
| Remuneration, social security and pensions | 62 | €41,970 | €43,905 | +€1,935 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €669 | €2,110 | +€1,441 | +215.5% |
| Other operating charges | 640/8 | €322 | €444 | +€122 | +37.8% |
| Gross operating margin | 9900 | €15,884 | €27,637 | +€11,753 | +74.0% |
| Operating profit (loss) | 9901 | -€27,077 | -€18,822 | +€8,255 | +30.5% |
| Financial charges | 65/66B | €63 | €161 | +€98 | +155.0% |
| Recurring financial charges | 65 | €63 | €161 | +€98 | +155.0% |
| Profit (loss) for the period before taxes | 9903 | -€27,141 | -€18,983 | +€8,157 | +30.1% |
| Income taxes | 67/77 | €29 | €279 | +€251 | +877.1% |
| Profit (loss) for the period | 9904 | -€27,169 | -€19,263 | +€7,907 | +29.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,169 | -€19,263 | +€7,907 | +29.1% |
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 8 October 2026 via checked.be.