PARTNERS 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.
PARTNERS IN IT
Largest movements
- Receivables within one year -€134,167
down €134,167 (-80.7%), from €166,216 to €32,049
of which Trade receivables: -€91,077
- Cash -€106,202
down €106,202 (-52.5%), from €202,357 to €96,155
mainly Debts after one year (-€289,728) and Contributions, distributions and other (-€227,250)
- Debts after one year -€289,728
down €289,728 (-21.8%), from €1.3m to €1.0m
- Profit (loss) carried forward +€105,492
up €105,492 (+24.6%), from €428,365 to €533,857
- Current portion of long-term debt -€64,477
down €64,477 (-44.0%), from €146,477 to €82,000
- Turnover +€105,229
up €105,229 (+19.2%), from €547,355 to €652,584
- Financial income -€97,674
down €97,674 (-21.7%), from €450,000 to €352,326
- Services and other goods +€96,560
up €96,560 (+19.1%), from €504,857 to €601,417
- Financial charges +€12,721
up €12,721 (+33.0%), from €38,583 to €51,304
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 | €4,269,214 | €4,028,639 | -€240,575 | -5.6% |
| Fixed assets | 21/28 | €3,900,641 | €3,900,435 | -€206 | 0.0% |
| Tangible fixed assets | 22/27 | €8,641 | €8,435 | -€206 | -2.4% |
| Land and buildings | 22 | €8,600 | €8,404 | -€196 | -2.3% |
| Plant, machinery and equipment | 23 | €42 | €32 | -€10 | -24.0% |
| Financial fixed assets | 28 | €3,892,000 | €3,892,000 | = | 0.0% |
| Affiliated companies | 280/1 | €3,892,000 | €3,892,000 | = | 0.0% |
| Participating interests | 280 | €3,892,000 | €3,892,000 | = | 0.0% |
| Current assets | 29/58 | €368,573 | €128,204 | -€240,370 | -65.2% |
| Amounts receivable within one year | 40/41 | €166,216 | €32,049 | -€134,167 | -80.7% |
| Trade receivables | 40 | €109,329 | €18,252 | -€91,077 | -83.3% |
| Other amounts receivable | 41 | €56,887 | €13,797 | -€43,090 | -75.7% |
| Cash at bank and in hand | 54/58 | €202,357 | €96,155 | -€106,202 | -52.5% |
| Total equity and liabilities | 10/49 | €4,269,214 | €4,028,639 | -€240,575 | -5.6% |
| Equity | 10/15 | €2,730,972 | €2,853,977 | +€123,005 | +4.5% |
| Contributions | 10/11 | €2,280,000 | €2,280,000 | = | 0.0% |
| Capital | 10 | €2,280,000 | €2,280,000 | = | 0.0% |
| Issued capital | 100 | €2,280,000 | €2,280,000 | = | 0.0% |
| Reserves | 13 | €22,607 | €40,120 | +€17,513 | +77.5% |
| Non-distributable reserves | 130/1 | €22,607 | €40,120 | +€17,513 | +77.5% |
| Legal reserve | 130 | €22,607 | €40,120 | +€17,513 | +77.5% |
| Profit (loss) carried forward | 14 | €428,365 | €533,857 | +€105,492 | +24.6% |
| Amounts payable | 17/49 | €1,538,242 | €1,174,662 | -€363,580 | -23.6% |
| Amounts payable after more than one year | 17 | €1,326,561 | €1,036,833 | -€289,728 | -21.8% |
| Financial debts | 170/4 | €1,326,561 | €1,036,833 | -€289,728 | -21.8% |
| Credit institutions | 173 | €1,326,561 | €1,036,833 | -€289,728 | -21.8% |
| Amounts payable within one year | 42/48 | €211,681 | €137,829 | -€73,852 | -34.9% |
| Current portion of amounts payable after more than one year | 42 | €146,477 | €82,000 | -€64,477 | -44.0% |
| Trade debts | 44 | €64,840 | €55,829 | -€9,011 | -13.9% |
| Suppliers | 440/4 | €64,840 | €55,829 | -€9,011 | -13.9% |
| Taxes, remuneration and social security | 45 | €364 | - | -€364 | |
| Taxes | 450/3 | €364 | - | -€364 | |
| Operating income | 70/76A | €547,355 | €652,584 | +€105,229 | +19.2% |
| Turnover | 70 | €547,355 | €652,584 | +€105,229 | +19.2% |
| Operating charges | 60/66A | €506,260 | €603,399 | +€97,139 | +19.2% |
| Services and other goods | 61 | €504,857 | €601,417 | +€96,560 | +19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €315 | €483 | +€168 | +53.3% |
| Other operating charges | 640/8 | €1,087 | €1,499 | +€411 | +37.8% |
| Operating profit (loss) | 9901 | €41,095 | €49,185 | +€8,090 | +19.7% |
| Financial income | 75/76B | €450,000 | €352,326 | -€97,674 | -21.7% |
| Recurring financial income | 75 | €450,000 | €352,326 | -€97,674 | -21.7% |
| Income from financial fixed assets | 750 | €450,000 | €350,000 | -€100,000 | -22.2% |
| Income from current assets | 751 | - | €2,326 | +€2,326 | |
| Financial charges | 65/66B | €38,583 | €51,304 | +€12,721 | +33.0% |
| Recurring financial charges | 65 | €38,583 | €51,304 | +€12,721 | +33.0% |
| Debt charges | 650 | €38,033 | €50,459 | +€12,426 | +32.7% |
| Other financial charges | 652/9 | €550 | €845 | +€295 | +53.6% |
| Profit (loss) for the period before taxes | 9903 | €452,512 | €350,207 | -€102,304 | -22.6% |
| Income taxes | 67/77 | €364 | -€47 | -€412 | |
| Taxes | 670/3 | €364 | €52 | -€312 | -85.8% |
| Tax adjustments and reversals of tax provisions | 77 | - | €99 | +€99 | |
| Profit (loss) for the period | 9904 | €452,148 | €350,255 | -€101,893 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €452,148 | €350,255 | -€101,893 | -22.5% |
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 1 November 2026 via checked.be.