ITSIDE: 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.
ITSIDE
Largest movements
- Receivables within one year +€24,241
up €24,241 (+73.4%), from €33,034 to €57,275
of which Other amounts receivable: +€24,367
- Cash +€1,652
up €1,652 (+2.7%), from €60,452 to €62,104
mainly Net result for the year (+€32,026) and Other debts (+€26,923)
- Other debts +€26,923
up €26,923 (+31673.7%), from €85 to €27,008
- Trade debts -€9,884
down €9,884 (-30.8%), from €32,125 to €22,242
- Profit (loss) carried forward +€7,026
up €7,026 (+38.3%), from €18,338 to €25,364
- Tax, wage and social debts +€1,452
up €1,452 (+3.4%), from €42,692 to €44,144
of which Taxes: +€2,765
- Gross operating margin +€35,980
up €35,980 (+24.5%), from €146,863 to €182,844
- Staff costs +€29,634
up €29,634 (+30.2%), from €98,106 to €127,740
- Taxes +€2,116
up €2,116 (+15.1%), from €14,026 to €16,142
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 | €96,241 | €121,758 | +€25,517 | +26.5% |
| Fixed assets | 21/28 | €2,454 | €2,240 | -€214 | -8.7% |
| Tangible fixed assets | 22/27 | €429 | €215 | -€214 | -49.8% |
| Furniture and vehicles | 24 | €429 | €215 | -€214 | -49.8% |
| Financial fixed assets | 28 | €2,025 | €2,025 | = | 0.0% |
| Current assets | 29/58 | €93,787 | €119,517 | +€25,730 | +27.4% |
| Amounts receivable within one year | 40/41 | €33,034 | €57,275 | +€24,241 | +73.4% |
| Trade receivables | 40 | €32,401 | €32,275 | -€126 | -0.4% |
| Other amounts receivable | 41 | €633 | €25,000 | +€24,367 | +3848.8% |
| Cash at bank and in hand | 54/58 | €60,452 | €62,104 | +€1,652 | +2.7% |
| Deferred charges and accrued income | 490/1 | €301 | €139 | -€162 | -53.9% |
| Total equity and liabilities | 10/49 | €96,241 | €121,758 | +€25,517 | +26.5% |
| Equity | 10/15 | €21,338 | €28,364 | +€7,026 | +32.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,338 | €25,364 | +€7,026 | +38.3% |
| Amounts payable | 17/49 | €74,902 | €93,394 | +€18,491 | +24.7% |
| Amounts payable within one year | 42/48 | €74,902 | €93,394 | +€18,491 | +24.7% |
| Trade debts | 44 | €32,125 | €22,242 | -€9,884 | -30.8% |
| Suppliers | 440/4 | €32,125 | €22,242 | -€9,884 | -30.8% |
| Taxes, remuneration and social security | 45 | €42,692 | €44,144 | +€1,452 | +3.4% |
| Taxes | 450/3 | €31,286 | €34,051 | +€2,765 | +8.8% |
| Remuneration and social security | 454/9 | €11,406 | €10,093 | -€1,313 | -11.5% |
| Other amounts payable | 47/48 | €85 | €27,008 | +€26,923 | +31673.7% |
| Remuneration, social security and pensions | 62 | €98,106 | €127,740 | +€29,634 | +30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €286 | €214 | -€73 | -25.4% |
| Other operating charges | 640/8 | €699 | €1,983 | +€1,285 | +183.8% |
| Gross operating margin | 9900 | €146,863 | €182,844 | +€35,980 | +24.5% |
| Operating profit (loss) | 9901 | €47,772 | €52,907 | +€5,135 | +10.7% |
| Financial income | 75/76B | €17 | €7 | -€10 | -59.3% |
| Recurring financial income | 75 | €17 | €7 | -€10 | -59.3% |
| Financial charges | 65/66B | €3,900 | €4,746 | +€846 | +21.7% |
| Recurring financial charges | 65 | €3,900 | €4,746 | +€846 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €43,890 | €48,168 | +€4,278 | +9.7% |
| Income taxes | 67/77 | €14,026 | €16,142 | +€2,116 | +15.1% |
| Profit (loss) for the period | 9904 | €29,864 | €32,026 | +€2,162 | +7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,864 | €32,026 | +€2,162 | +7.2% |
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 7 October 2026 via checked.be.