ITWORKS CONSULTING: 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.
ITWORKS CONSULTING
Largest movements
- Cash +€65,572
up €65,572 (+50.7%), from €129,369 to €194,941
mainly Net result for the year (+€75,262) and Depreciation (+€6,409)
- Receivables within one year +€10,789
up €10,789 (+28.9%), from €37,283 to €48,072
of which Other amounts receivable: +€18,706
- Tangible fixed assets -€4,728
down €4,728 (-25.3%), from €18,665 to €13,937
- Profit (loss) carried forward +€75,262
up €75,262 (+53.9%), from €139,628 to €214,890
- Gross operating margin +€13,836
up €13,836 (+15.8%), from €87,593 to €101,429
- Taxes +€2,870
up €2,870 (+16.5%), from €17,401 to €20,271
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 | €185,317 | €256,950 | +€71,633 | +38.7% |
| Fixed assets | 21/28 | €18,665 | €13,937 | -€4,728 | -25.3% |
| Tangible fixed assets | 22/27 | €18,665 | €13,937 | -€4,728 | -25.3% |
| Furniture and vehicles | 24 | €18,665 | €13,937 | -€4,728 | -25.3% |
| Current assets | 29/58 | €166,652 | €243,013 | +€76,361 | +45.8% |
| Amounts receivable within one year | 40/41 | €37,283 | €48,072 | +€10,789 | +28.9% |
| Trade receivables | 40 | €14,408 | €6,491 | -€7,917 | -54.9% |
| Other amounts receivable | 41 | €22,875 | €41,581 | +€18,706 | +81.8% |
| Cash at bank and in hand | 54/58 | €129,369 | €194,941 | +€65,572 | +50.7% |
| Total equity and liabilities | 10/49 | €185,317 | €256,950 | +€71,633 | +38.7% |
| Equity | 10/15 | €142,628 | €217,890 | +€75,262 | +52.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €139,628 | €214,890 | +€75,262 | +53.9% |
| Amounts payable | 17/49 | €42,690 | €39,060 | -€3,629 | -8.5% |
| Amounts payable within one year | 42/48 | €42,690 | €39,060 | -€3,629 | -8.5% |
| Trade debts | 44 | €2,937 | €1,442 | -€1,495 | -50.9% |
| Suppliers | 440/4 | €2,937 | €1,442 | -€1,495 | -50.9% |
| Taxes, remuneration and social security | 45 | €39,753 | €37,618 | -€2,135 | -5.4% |
| Taxes | 450/3 | €39,753 | €37,618 | -€2,135 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,759 | €6,409 | +€650 | +11.3% |
| Other operating charges | 640/8 | €528 | €239 | -€289 | -54.8% |
| Gross operating margin | 9900 | €87,593 | €101,429 | +€13,836 | +15.8% |
| Operating profit (loss) | 9901 | €81,306 | €94,782 | +€13,476 | +16.6% |
| Financial income | 75/76B | €671 | €1,104 | +€433 | +64.4% |
| Recurring financial income | 75 | €671 | €1,104 | +€433 | +64.4% |
| Financial charges | 65/66B | €90 | €352 | +€262 | +290% |
| Recurring financial charges | 65 | €90 | €352 | +€262 | +290% |
| Profit (loss) for the period before taxes | 9903 | €81,887 | €95,533 | +€13,646 | +16.7% |
| Income taxes | 67/77 | €17,401 | €20,271 | +€2,870 | +16.5% |
| Profit (loss) for the period | 9904 | €64,486 | €75,262 | +€10,777 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €64,486 | €75,262 | +€10,777 | +16.7% |
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 26 October 2026 via checked.be.