P-IT: 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.
P-IT
Largest movements
- Receivables within one year -€17,661
down €17,661 (-63.5%), from €27,825 to €10,164
of which Other amounts receivable: -€15,628
- Tangible fixed assets +€8,468
up €8,468 (+317%), from €2,675 to €11,143
of which Furniture and vehicles: +€8,534
- Receivables after one year -€8,349
down €8,349 (-100%), from €8,349 to €0
- Current investments +€7,499
new in 2025: €7,499
- Cash +€4,571
up €4,571 (+17.8%), from €25,731 to €30,302
mainly Other debts (+€42,693) and Net result for the year (+€31,246)
- Reserves -€50,462
down €50,462 (-94.6%), from €53,321 to €2,858
- Other debts +€42,693
up €42,693 (+4,970%), from €859 to €43,552
- Tax, wage and social debts +€1,565
up €1,565 (+21.2%), from €7,380 to €8,945
- Gross operating margin +€25,954
up €25,954 (+112%), from €23,141 to €49,095
- Taxes +€7,418
up €7,418 (+158%), from €4,697 to €12,115
- Financial income -€654
down €654 (-90.4%), from €724 to €70
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 | €65,560 | €59,465 | -€6,095 | -9.3% |
| Fixed assets | 21/28 | €2,675 | €11,143 | +€8,468 | +317% |
| Tangible fixed assets | 22/27 | €2,675 | €11,143 | +€8,468 | +317% |
| Plant, machinery and equipment | 23 | €143 | €78 | -€65 | -45.8% |
| Furniture and vehicles | 24 | €2,532 | €11,066 | +€8,534 | +337% |
| Current assets | 29/58 | €62,885 | €48,322 | -€14,563 | -23.2% |
| Amounts receivable after more than one year | 29 | €8,349 | €0 | -€8,349 | -100% |
| Other amounts receivable | 291 | €8,349 | €0 | -€8,349 | -100% |
| Amounts receivable within one year | 40/41 | €27,825 | €10,164 | -€17,661 | -63.5% |
| Trade receivables | 40 | €12,197 | €10,164 | -€2,033 | -16.7% |
| Other amounts receivable | 41 | €15,628 | €0 | -€15,628 | -100% |
| Current investments | 50/53 | - | €7,499 | +€7,499 | |
| Cash at bank and in hand | 54/58 | €25,731 | €30,302 | +€4,571 | +17.8% |
| Deferred charges and accrued income | 490/1 | €981 | €357 | -€624 | -63.6% |
| Total equity and liabilities | 10/49 | €65,560 | €59,465 | -€6,095 | -9.3% |
| Equity | 10/15 | €57,321 | €6,858 | -€50,462 | -88.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €53,321 | €2,858 | -€50,462 | -94.6% |
| Distributable reserves | 133 | €53,321 | €2,858 | -€50,462 | -94.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €8,239 | €52,607 | +€44,367 | +538% |
| Amounts payable within one year | 42/48 | €8,239 | €52,607 | +€44,367 | +538% |
| Financial debts | 43 | - | €14 | +€14 | |
| Credit institutions | 430/8 | - | €14 | +€14 | |
| Trade debts | 44 | €0 | €96 | +€96 | |
| Suppliers | 440/4 | €0 | €96 | +€96 | |
| Taxes, remuneration and social security | 45 | €7,380 | €8,945 | +€1,565 | +21.2% |
| Taxes | 450/3 | €7,380 | €8,945 | +€1,565 | +21.2% |
| Other amounts payable | 47/48 | €859 | €43,552 | +€42,693 | +4,970% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,096 | €3,032 | -€64 | -2.1% |
| Other operating charges | 640/8 | €792 | €947 | +€155 | +19.6% |
| Non-recurring operating charges | 66A | - | €1,651 | +€1,651 | |
| Gross operating margin | 9900 | €23,141 | €49,095 | +€25,954 | +112% |
| Operating profit (loss) | 9901 | €19,253 | €43,465 | +€24,212 | +126% |
| Financial income | 75/76B | €724 | €70 | -€654 | -90.4% |
| Recurring financial income | 75 | €724 | €70 | -€654 | -90.4% |
| Financial charges | 65/66B | €436 | €173 | -€263 | -60.3% |
| Recurring financial charges | 65 | €436 | €173 | -€263 | -60.3% |
| Profit (loss) for the period before taxes | 9903 | €19,541 | €43,362 | +€23,821 | +122% |
| Income taxes | 67/77 | €4,697 | €12,115 | +€7,418 | +158% |
| Profit (loss) for the period | 9904 | €14,843 | €31,246 | +€16,403 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €14,843 | €31,246 | +€16,403 | +111% |
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 17 October 2026 via checked.be.