Pay IT Forward: 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.
Pay IT Forward
Largest movements
- Receivables within one year +€4,973
up €4,973 (+38.5%), from €12,911 to €17,884
of which Trade receivables: +€6,645
- Cash +€1,396
up €1,396 (+2.1%), from €67,962 to €69,358
mainly Net result for the year (+€59,941) and Other debts (+€3,970)
- Other debts +€3,970
up €3,970 (+7.1%), from €55,971 to €59,941
- Tax, wage and social debts +€1,377
up €1,377 (+18.8%), from €7,322 to €8,698
- Gross operating margin +€3,308
up €3,308 (+4.4%), from €75,321 to €78,629
- Depreciation -€1,456
down €1,456 (-43.0%), from €3,384 to €1,929
- Taxes +€788
up €788 (+5.3%), from €14,902 to €15,691
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,272 | €89,761 | +€5,489 | +6.5% |
| Fixed assets | 21/28 | €1,949 | €1,579 | -€370 | -19.0% |
| Tangible fixed assets | 22/27 | €1,949 | €1,579 | -€370 | -19.0% |
| Furniture and vehicles | 24 | €1,949 | €1,579 | -€370 | -19.0% |
| Current assets | 29/58 | €82,323 | €88,182 | +€5,859 | +7.1% |
| Amounts receivable within one year | 40/41 | €12,911 | €17,884 | +€4,973 | +38.5% |
| Trade receivables | 40 | €8,832 | €15,477 | +€6,645 | +75.2% |
| Other amounts receivable | 41 | €4,079 | €2,407 | -€1,672 | -41.0% |
| Cash at bank and in hand | 54/58 | €67,962 | €69,358 | +€1,396 | +2.1% |
| Deferred charges and accrued income | 490/1 | €1,451 | €940 | -€511 | -35.2% |
| Total equity and liabilities | 10/49 | €84,272 | €89,761 | +€5,489 | +6.5% |
| Equity | 10/15 | €19,037 | €19,037 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €487 | €487 | = | 0.0% |
| Distributable reserves | 133 | €487 | €487 | = | 0.0% |
| Amounts payable | 17/49 | €65,236 | €70,725 | +€5,489 | +8.4% |
| Amounts payable within one year | 42/48 | €65,236 | €70,725 | +€5,489 | +8.4% |
| Financial debts | 43 | - | €84 | +€84 | |
| Credit institutions | 430/8 | - | €84 | +€84 | |
| Trade debts | 44 | €1,943 | €2,001 | +€58 | +3.0% |
| Suppliers | 440/4 | €1,943 | €2,001 | +€58 | +3.0% |
| Taxes, remuneration and social security | 45 | €7,322 | €8,698 | +€1,377 | +18.8% |
| Taxes | 450/3 | €7,322 | €8,698 | +€1,377 | +18.8% |
| Other amounts payable | 47/48 | €55,971 | €59,941 | +€3,970 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,384 | €1,929 | -€1,456 | -43.0% |
| Other operating charges | 640/8 | €945 | €967 | +€22 | +2.4% |
| Gross operating margin | 9900 | €75,321 | €78,629 | +€3,308 | +4.4% |
| Operating profit (loss) | 9901 | €70,992 | €75,733 | +€4,742 | +6.7% |
| Financial charges | 65/66B | €118 | €101 | -€17 | -14.6% |
| Recurring financial charges | 65 | €118 | €101 | -€17 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €70,873 | €75,632 | +€4,759 | +6.7% |
| Income taxes | 67/77 | €14,902 | €15,691 | +€788 | +5.3% |
| Profit (loss) for the period | 9904 | €55,971 | €59,941 | +€3,970 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €55,971 | €59,941 | +€3,970 | +7.1% |
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.