Made4IT: 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.
Made4IT
Largest movements
- Cash +€31,600
up €31,600 (+10.6%), from €297,185 to €328,785
mainly Net result for the year (+€98,360) and Trade debts (+€38,233)
- Receivables within one year +€7,211
up €7,211 (+31.3%), from €23,053 to €30,264
of which Trade receivables: +€5,863
- Trade debts +€38,233
up €38,233 (+33.3%), from €114,730 to €152,963
- Financial income -€2,845
down €2,845 (-56.7%), from €5,018 to €2,173
- Depreciation +€2,504
new in 2025: €2,504
- Gross operating margin -€2,057
down €2,057 (-2.0%), from €102,949 to €100,892
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 | €325,217 | €362,984 | +€37,767 | +11.6% |
| Fixed assets | 21/28 | €4,979 | €2,475 | -€2,504 | -50.3% |
| Tangible fixed assets | 22/27 | €4,974 | €2,470 | -€2,504 | -50.3% |
| Plant, machinery and equipment | 23 | €4,127 | €2,017 | -€2,110 | -51.1% |
| Furniture and vehicles | 24 | €847 | €453 | -€394 | -46.5% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €320,238 | €360,509 | +€40,271 | +12.6% |
| Amounts receivable within one year | 40/41 | €23,053 | €30,264 | +€7,211 | +31.3% |
| Trade receivables | 40 | €4,677 | €10,540 | +€5,863 | +125% |
| Other amounts receivable | 41 | €18,376 | €19,724 | +€1,348 | +7.3% |
| Cash at bank and in hand | 54/58 | €297,185 | €328,785 | +€31,600 | +10.6% |
| Deferred charges and accrued income | 490/1 | - | €1,460 | +€1,460 | |
| Total equity and liabilities | 10/49 | €325,217 | €362,984 | +€37,767 | +11.6% |
| Equity | 10/15 | €97,745 | €98,105 | +€360 | +0.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,095 | €30,455 | +€360 | +1.2% |
| Amounts payable | 17/49 | €227,472 | €264,879 | +€37,407 | +16.4% |
| Amounts payable within one year | 42/48 | €226,892 | €263,767 | +€36,875 | +16.3% |
| Trade debts | 44 | €114,730 | €152,963 | +€38,233 | +33.3% |
| Suppliers | 440/4 | €114,730 | €152,963 | +€38,233 | +33.3% |
| Taxes, remuneration and social security | 45 | €172 | €476 | +€304 | +177% |
| Taxes | 450/3 | €172 | €476 | +€304 | +177% |
| Other amounts payable | 47/48 | €111,990 | €110,328 | -€1,662 | -1.5% |
| Accrued charges and deferred income | 492/3 | €580 | €1,112 | +€532 | +91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,504 | +€2,504 | |
| Other operating charges | 640/8 | €587 | €794 | +€207 | +35.3% |
| Gross operating margin | 9900 | €102,949 | €100,892 | -€2,057 | -2.0% |
| Operating profit (loss) | 9901 | €102,362 | €97,594 | -€4,768 | -4.7% |
| Financial income | 75/76B | €5,018 | €2,173 | -€2,845 | -56.7% |
| Recurring financial income | 75 | €5,018 | €2,173 | -€2,845 | -56.7% |
| Financial charges | 65/66B | €509 | €356 | -€153 | -30.1% |
| Recurring financial charges | 65 | €509 | €356 | -€153 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €106,871 | €99,411 | -€7,460 | -7.0% |
| Income taxes | 67/77 | €1,678 | €1,051 | -€627 | -37.4% |
| Profit (loss) for the period | 9904 | €105,193 | €98,360 | -€6,833 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €105,193 | €98,360 | -€6,833 | -6.5% |
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 15 October 2026 via checked.be.