Result-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.
Result-IT
Largest movements
- Receivables within one year +€1.1m
up €1.1m (+13.5%), from €7.9m to €9.0m
of which Trade receivables: +€1.1m
- Tangible fixed assets -€720,607
down €720,607 (-38.9%), from €1.9m to €1.1m
of which Furniture and vehicles: -€703,420
- Stocks and contracts -€349,903
down €349,903 (-99.7%), from €350,989 to €1,085
- Other debts -€1.5m
down €1.5m (-26.2%), from €5.9m to €4.4m
- Trade debts +€686,826
up €686,826 (+34.2%), from €2.0m to €2.7m
- Short-term financial debts +€430,000
new in 2025: €430,000
- Profit (loss) carried forward +€262,136
up €262,136 (+41.4%), from €633,634 to €895,770
- Tax, wage and social debts +€164,993
up €164,993 (+12.3%), from €1.3m to €1.5m
of which Remuneration and social security: +€166,583
- Turnover +€2.5m
up €2.5m (+12.1%), from €20.6m to €23.1m
- Staff costs +€1.2m
up €1.2m (+16.9%), from €6.9m to €8.1m
- Services and other goods +€879,562
up €879,562 (+7.2%), from €12.1m to €13.0m
- Goods and materials +€641,053
up €641,053 (+885%), from €72,458 to €713,511
of which Change in stocks: decrease (increase): +€600,032
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,123,601 | €10,125,556 | +€1,956 | 0.0% |
| Fixed assets | 21/28 | €1,853,155 | €1,132,548 | -€720,607 | -38.9% |
| Tangible fixed assets | 22/27 | €1,852,303 | €1,131,696 | -€720,607 | -38.9% |
| Plant, machinery and equipment | 23 | €76,533 | €59,346 | -€17,187 | -22.5% |
| Furniture and vehicles | 24 | €1,775,770 | €1,072,350 | -€703,420 | -39.6% |
| Financial fixed assets | 28 | €852 | €852 | = | 0.0% |
| Other financial fixed assets | 284/8 | €852 | €852 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €852 | €852 | = | 0.0% |
| Current assets | 29/58 | €8,270,445 | €8,993,008 | +€722,563 | +8.7% |
| Stocks and contracts in progress | 3 | €350,989 | €1,085 | -€349,903 | -99.7% |
| Stocks | 30/36 | €350,989 | €1,085 | -€349,903 | -99.7% |
| Goods purchased for resale | 34 | €350,989 | €1,085 | -€349,903 | -99.7% |
| Amounts receivable within one year | 40/41 | €7,919,457 | €8,991,923 | +€1.1m | +13.5% |
| Trade receivables | 40 | €7,485,600 | €8,570,924 | +€1.1m | +14.5% |
| Other amounts receivable | 41 | €433,857 | €420,999 | -€12,858 | -3.0% |
| Total equity and liabilities | 10/49 | €10,123,601 | €10,125,556 | +€1,956 | 0.0% |
| Equity | 10/15 | €880,634 | €1,142,770 | +€262,136 | +29.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €227,000 | €227,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €225,000 | €225,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €633,634 | €895,770 | +€262,136 | +41.4% |
| Amounts payable | 17/49 | €9,242,966 | €8,982,786 | -€260,180 | -2.8% |
| Amounts payable within one year | 42/48 | €9,242,966 | €8,982,786 | -€260,180 | -2.8% |
| Financial debts | 43 | - | €430,000 | +€430,000 | |
| Credit institutions | 430/8 | - | €430,000 | +€430,000 | |
| Trade debts | 44 | €2,005,441 | €2,692,267 | +€686,826 | +34.2% |
| Suppliers | 440/4 | €2,005,441 | €2,692,267 | +€686,826 | +34.2% |
| Taxes, remuneration and social security | 45 | €1,343,721 | €1,508,714 | +€164,993 | +12.3% |
| Taxes | 450/3 | €259,500 | €257,909 | -€1,590 | -0.6% |
| Remuneration and social security | 454/9 | €1,084,221 | €1,250,804 | +€166,583 | +15.4% |
| Other amounts payable | 47/48 | €5,893,805 | €4,351,806 | -€1.5m | -26.2% |
| Operating income | 70/76A | €20,772,526 | €23,290,990 | +€2.5m | +12.1% |
| Turnover | 70 | €20,606,381 | €23,104,070 | +€2.5m | +12.1% |
| Other operating income | 74 | €157,881 | €186,920 | +€29,040 | +18.4% |
| Non-recurring operating income | 76A | €8,264 | - | -€8,264 | |
| Operating charges | 60/66A | €19,998,710 | €22,699,142 | +€2.7m | +13.5% |
| Goods for resale, raw materials and consumables | 60 | €72,458 | €713,511 | +€641,053 | +885% |
| Purchases | 600/8 | €322,587 | €363,608 | +€41,022 | +12.7% |
| Change in stocks: decrease (increase) | 609 | -€250,128 | €349,903 | +€600,032 | |
| Services and other goods | 61 | €12,135,879 | €13,015,441 | +€879,562 | +7.2% |
| Remuneration, social security and pensions | 62 | €6,902,122 | €8,069,979 | +€1.2m | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €888,110 | €900,067 | +€11,957 | +1.3% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Operating profit (loss) | 9901 | €773,816 | €591,849 | -€181,967 | -23.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €301,291 | €135,240 | -€166,052 | -55.1% |
| Recurring financial charges | 65 | €301,193 | €135,231 | -€165,962 | -55.1% |
| Debt charges | 650 | €300,731 | €134,408 | -€166,323 | -55.3% |
| Other financial charges | 652/9 | €462 | €823 | +€360 | +78.0% |
| Non-recurring financial charges | 66B | €98 | €9 | -€90 | -91.3% |
| Profit (loss) for the period before taxes | 9903 | €472,525 | €456,609 | -€15,915 | -3.4% |
| Income taxes | 67/77 | €229,876 | €194,473 | -€35,403 | -15.4% |
| Taxes | 670/3 | €229,876 | €206,353 | -€23,523 | -10.2% |
| Tax adjustments and reversals of tax provisions | 77 | - | €11,880 | +€11,880 | |
| Profit (loss) for the period | 9904 | €242,649 | €262,136 | +€19,487 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €242,649 | €262,136 | +€19,487 | +8.0% |
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 13 October 2026 via checked.be.