PARTNER IN 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.
PARTNER IN IT
Largest movements
- Receivables within one year -€207,097
down €207,097 (-72.7%), from €284,881 to €77,784
of which Other amounts receivable: -€210,000
- Cash +€187,138
up €187,138 (+88.6%), from €211,168 to €398,306
mainly Receivables within one year (+€207,097) and Net result for the year (+€96,665)
- Tangible fixed assets -€14,960
down €14,960 (-21.3%), from €70,397 to €55,436
of which Furniture and vehicles: -€14,360
- Reserves -€42,592
down €42,592 (-7.5%), from €564,517 to €521,925
- Other debts +€6,404
up €6,404 (+812%), from €788 to €7,193
- Depreciation +€10,360
up €10,360 (+225%), from €4,601 to €14,960
- Gross operating margin +€3,023
up €3,023 (+2.1%), from €141,717 to €144,741
- Taxes -€2,984
down €2,984 (-7.6%), from €39,027 to €36,042
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 | €621,418 | €585,271 | -€36,148 | -5.8% |
| Fixed assets | 21/28 | €70,447 | €55,486 | -€14,960 | -21.2% |
| Tangible fixed assets | 22/27 | €70,397 | €55,436 | -€14,960 | -21.3% |
| Plant, machinery and equipment | 23 | €243 | €116 | -€127 | -52.2% |
| Furniture and vehicles | 24 | €67,658 | €53,298 | -€14,360 | -21.2% |
| Other tangible fixed assets | 26 | €2,496 | €2,023 | -€473 | -19.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €550,972 | €529,785 | -€21,187 | -3.8% |
| Amounts receivable within one year | 40/41 | €284,881 | €77,784 | -€207,097 | -72.7% |
| Trade receivables | 40 | €74,881 | €77,784 | +€2,903 | +3.9% |
| Other amounts receivable | 41 | €210,000 | - | -€210,000 | |
| Current investments | 50/53 | €51,364 | €51,364 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €211,168 | €398,306 | +€187,138 | +88.6% |
| Deferred charges and accrued income | 490/1 | €3,558 | €2,330 | -€1,228 | -34.5% |
| Total equity and liabilities | 10/49 | €621,418 | €585,271 | -€36,148 | -5.8% |
| Equity | 10/15 | €583,117 | €540,525 | -€42,592 | -7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €564,517 | €521,925 | -€42,592 | -7.5% |
| Distributable reserves | 133 | €564,517 | €521,925 | -€42,592 | -7.5% |
| Amounts payable | 17/49 | €38,302 | €44,746 | +€6,444 | +16.8% |
| Amounts payable within one year | 42/48 | €38,302 | €44,746 | +€6,444 | +16.8% |
| Trade debts | 44 | €7,495 | €7,588 | +€94 | +1.2% |
| Suppliers | 440/4 | €7,495 | €7,588 | +€94 | +1.2% |
| Taxes, remuneration and social security | 45 | €30,019 | €29,965 | -€54 | -0.2% |
| Taxes | 450/3 | €30,019 | €29,965 | -€54 | -0.2% |
| Other amounts payable | 47/48 | €788 | €7,193 | +€6,404 | +812% |
| Non-recurring operating income | 76A | - | €16,500 | +€16,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,601 | €14,960 | +€10,360 | +225% |
| Other operating charges | 640/8 | €1,826 | €690 | -€1,136 | -62.2% |
| Non-recurring operating charges | 66A | €3,480 | - | -€3,480 | |
| Gross operating margin | 9900 | €141,717 | €144,741 | +€3,023 | +2.1% |
| Operating profit (loss) | 9901 | €131,810 | €129,090 | -€2,720 | -2.1% |
| Financial income | 75/76B | €3,325 | €4,006 | +€681 | +20.5% |
| Recurring financial income | 75 | €3,325 | €4,006 | +€681 | +20.5% |
| Financial charges | 65/66B | €384 | €388 | +€4 | +1.0% |
| Recurring financial charges | 65 | €384 | €388 | +€4 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €134,751 | €132,708 | -€2,043 | -1.5% |
| Income taxes | 67/77 | €39,027 | €36,042 | -€2,984 | -7.6% |
| Profit (loss) for the period | 9904 | €95,724 | €96,665 | +€942 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €95,724 | €96,665 | +€942 | +1.0% |
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.