NET IT: 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.
What changed
NET IT
NACE 62.100, Computer programming
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €1.9m-€769,768
Equity
€4.0m
2024 · €2.9m+€1.1m
Cash
€873,265
2024 · €884,160-€10,895
Balance sheet total
€10.5m
2024 · €11.3m-€742,849
Largest movements
Assets
- Receivables within one year -€990,890
down €990,890 (-12.0%), from €8.2m to €7.2m
of which Other amounts receivable: -€753,411
- Deferred charges and accrued income +€221,254
up €221,254 (+471.7%), from €46,908 to €268,163
Equity and liabilities
- Other debts -€1.8m
down €1.8m (-87.3%), from €2.1m to €262,011
- Profit (loss) carried forward +€1.1m
new in 2025: €1.1m
- Tax, wage and social debts -€696,884
down €696,884 (-40.5%), from €1.7m to €1.0m
of which Taxes: -€591,256
- Short-term financial debts -€391,985
down €391,985 (-82.5%), from €475,030 to €83,046
- Accrued charges and deferred income +€353,736
up €353,736 (+311.6%), from €113,538 to €467,274
Income statement
- Turnover -€1.1m
down €1.1m (-10.0%), from €10.9m to €9.8m
- Goods and materials -€620,138
down €620,138 (-24.2%), from €2.6m to €1.9m
of which Purchases: -€587,916
- Services and other goods +€290,378
up €290,378 (+19.9%), from €1.5m to €1.8m
- Taxes -€214,611
down €214,611 (-31.1%), from €690,557 to €475,946
- Financial income +€166,910
up €166,910 (+107.0%), from €156,061 to €322,970
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.
Result 2024
€1.9m
Turnover
-€1.1m
Other operating income
-€74,323
Goods and materials
+€620,138
Services and other goods
-€290,378
Staff costs
-€109,221
Depreciation
+€7,133
Write-downs
+€884
Other operating charges
-€6,840
Other operating items
-€147,823
Financial income
+€166,910
Financial charges
-€56,271
Taxes
+€214,611
Result 2025
€1.1m
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.
From operations
+€314,293
Investment
-€56,665
Financing
-€268,522
Cash 2024
€884,160
From operations (derived)
+€314,293
Net result for the year
+€1.1m
Depreciation
+€45,038
Stocks and contracts
-€26,054
Receivables within one year
+€990,890
Deferred charges and accrued income
-€221,254
Trade debts
+€341,754
Tax, wage and social debts
-€696,884
Advances received
+€182,783
Other debts
-€1.8m
Accrued charges and deferred income
+€353,736
Investment (derived)
-€56,665
Investment in fixed assets (net)
-€56,665
Financing
-€268,522
Debts after one year
+€123,462
Short-term financial debts
-€391,985
Cash 2025
€873,265
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,281,171 | €10,538,322 | -€742,849 | -6.6% |
| Fixed assets | 21/28 | €2,112,446 | €2,124,073 | +€11,627 | +0.6% |
| Intangible fixed assets | 21 | - | €44,310 | +€44,310 | |
| Tangible fixed assets | 22/27 | €112,446 | €79,764 | -€32,683 | -29.1% |
| Plant, machinery and equipment | 23 | - | €1,694 | +€1,694 | |
| Furniture and vehicles | 24 | €34,530 | €21,871 | -€12,659 | -36.7% |
| Other tangible fixed assets | 26 | €77,916 | €56,199 | -€21,717 | -27.9% |
| Financial fixed assets | 28 | €2,000,000 | €2,000,000 | = | 0.0% |
| Affiliated companies | 280/1 | €2,000,000 | €2,000,000 | = | 0.0% |
| Participating interests | 280 | €2,000,000 | €2,000,000 | = | 0.0% |
| Current assets | 29/58 | €9,168,725 | €8,414,249 | -€754,476 | -8.2% |
| Stocks and contracts in progress | 3 | €559 | €26,613 | +€26,054 | +4658.1% |
| Stocks | 30/36 | €559 | €26,613 | +€26,054 | +4658.1% |
| Goods purchased for resale | 34 | €559 | €26,613 | +€26,054 | +4658.1% |
| Amounts receivable within one year | 40/41 | €8,237,097 | €7,246,208 | -€990,890 | -12.0% |
| Trade receivables | 40 | €2,965,519 | €2,728,041 | -€237,478 | -8.0% |
| Other amounts receivable | 41 | €5,271,578 | €4,518,167 | -€753,411 | -14.3% |
| Cash at bank and in hand | 54/58 | €884,160 | €873,265 | -€10,895 | -1.2% |
| Deferred charges and accrued income | 490/1 | €46,908 | €268,163 | +€221,254 | +471.7% |
| Total equity and liabilities | 10/49 | €11,281,171 | €10,538,322 | -€742,849 | -6.6% |
| Equity | 10/15 | €2,874,632 | €4,017,321 | +€1.1m | +39.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,812,632 | €2,812,632 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €2,806,432 | €2,806,432 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €1,142,689 | +€1.1m | |
| Amounts payable | 17/49 | €8,406,539 | €6,521,001 | -€1.9m | -22.4% |
| Amounts payable after more than one year | 17 | €2,075,000 | €2,198,462 | +€123,462 | +5.9% |
| Financial debts | 170/4 | €2,075,000 | €2,198,462 | +€123,462 | +5.9% |
| Other loans | 174 | €2,075,000 | €2,198,462 | +€123,462 | +5.9% |
| Amounts payable within one year | 42/48 | €6,218,001 | €3,855,265 | -€2.4m | -38.0% |
| Financial debts | 43 | €475,030 | €83,046 | -€391,985 | -82.5% |
| Credit institutions | 430/8 | €475,030 | €83,046 | -€391,985 | -82.5% |
| Trade debts | 44 | €1,855,568 | €2,197,322 | +€341,754 | +18.4% |
| Suppliers | 440/4 | €1,855,568 | €2,197,322 | +€341,754 | +18.4% |
| Advances received on contracts in progress | 46 | €105,339 | €288,122 | +€182,783 | +173.5% |
| Taxes, remuneration and social security | 45 | €1,721,648 | €1,024,764 | -€696,884 | -40.5% |
| Taxes | 450/3 | €1,185,124 | €593,868 | -€591,256 | -49.9% |
| Remuneration and social security | 454/9 | €536,524 | €430,896 | -€105,627 | -19.7% |
| Other amounts payable | 47/48 | €2,060,417 | €262,011 | -€1.8m | -87.3% |
| Accrued charges and deferred income | 492/3 | €113,538 | €467,274 | +€353,736 | +311.6% |
| Operating income | 70/76A | €11,193,495 | €10,018,839 | -€1.2m | -10.5% |
| Turnover | 70 | €10,900,803 | €9,806,214 | -€1.1m | -10.0% |
| Own construction capitalised | 72 | - | €50,492 | +€50,492 | |
| Other operating income | 74 | €199,575 | €125,252 | -€74,323 | -37.2% |
| Non-recurring operating income | 76A | €93,118 | €36,881 | -€56,237 | -60.4% |
| Operating charges | 60/66A | €8,582,298 | €8,502,660 | -€79,638 | -0.9% |
| Goods for resale, raw materials and consumables | 60 | €2,565,609 | €1,945,471 | -€620,138 | -24.2% |
| Purchases | 600/8 | €2,559,441 | €1,971,525 | -€587,916 | -23.0% |
| Change in stocks: decrease (increase) | 609 | €6,168 | -€26,054 | -€32,222 | |
| Services and other goods | 61 | €1,461,163 | €1,751,542 | +€290,378 | +19.9% |
| Remuneration, social security and pensions | 62 | €4,468,128 | €4,577,348 | +€109,221 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,172 | €45,038 | -€7,133 | -13.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,831 | €14,947 | -€884 | -5.6% |
| Other operating charges | 640/8 | €17,406 | €24,246 | +€6,840 | +39.3% |
| Non-recurring operating charges | 66A | €1,990 | €144,068 | +€142,078 | +7140.9% |
| Operating profit (loss) | 9901 | €2,611,197 | €1,516,179 | -€1.1m | -41.9% |
| Financial income | 75/76B | €156,061 | €322,970 | +€166,910 | +107.0% |
| Recurring financial income | 75 | €156,061 | €322,970 | +€166,910 | +107.0% |
| Income from current assets | 751 | €154,827 | €322,797 | +€167,971 | +108.5% |
| Other financial income | 752/9 | €1,234 | €173 | -€1,061 | -86.0% |
| Financial charges | 65/66B | €164,243 | €220,514 | +€56,271 | +34.3% |
| Recurring financial charges | 65 | €164,243 | €220,514 | +€56,271 | +34.3% |
| Debt charges | 650 | €157,709 | €208,000 | +€50,291 | +31.9% |
| Other financial charges | 652/9 | €6,534 | €12,514 | +€5,980 | +91.5% |
| Profit (loss) for the period before taxes | 9903 | €2,603,015 | €1,618,635 | -€984,380 | -37.8% |
| Income taxes | 67/77 | €690,557 | €475,946 | -€214,611 | -31.1% |
| Taxes | 670/3 | €690,557 | €475,946 | -€214,611 | -31.1% |
| Profit (loss) for the period | 9904 | €1,912,458 | €1,142,689 | -€769,768 | -40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,912,458 | €1,142,689 | -€769,768 | -40.3% |
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 6 October 2026 via checked.be.