S-IT: 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.
S-IT
Largest movements
- Receivables within one year +€19,685
up €19,685 (+118.2%), from €16,661 to €36,346
of which Trade receivables: +€21,999
- Receivables after one year +€18,401
new in 2025: €18,401
- Current investments -€12,960
down €12,960 (-18.5%), from €70,000 to €57,040
- Tangible fixed assets +€5,114
up €5,114 (+51.8%), from €9,882 to €14,996
- Deferred charges and accrued income -€1,951
down €1,951 (-25.6%), from €7,633 to €5,682
- Reserves +€19,399
up €19,399 (+22.1%), from €87,804 to €107,203
- Trade debts +€10,027
up €10,027 (+228.9%), from €4,380 to €14,407
- Other debts -€9,716
down €9,716 (-31.3%), from €31,005 to €21,289
- Profit (loss) carried forward +€6,323
up €6,323 (+43.2%), from €14,642 to €20,965
- Turnover -€158,954
no longer reported in 2025 (was €158,954)
- Purchases and services -€126,884
no longer reported in 2025 (was €126,884)
- Gross operating margin -€3,530
down €3,530 (-8.3%), from €42,414 to €38,884
- Depreciation -€1,674
down €1,674 (-54.7%), from €3,060 to €1,386
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 | €167,790 | €195,030 | +€27,240 | +16.2% |
| Fixed assets | 21/28 | €9,882 | €14,996 | +€5,114 | +51.8% |
| Tangible fixed assets | 22/27 | €9,882 | €14,996 | +€5,114 | +51.8% |
| Other tangible fixed assets | 26 | €9,882 | €14,996 | +€5,114 | +51.8% |
| Current assets | 29/58 | €157,908 | €180,034 | +€22,126 | +14.0% |
| Amounts receivable after more than one year | 29 | - | €18,401 | +€18,401 | |
| Other amounts receivable | 291 | - | €18,401 | +€18,401 | |
| Amounts receivable within one year | 40/41 | €16,661 | €36,346 | +€19,685 | +118.2% |
| Trade receivables | 40 | €12,943 | €34,942 | +€21,999 | +170.0% |
| Other amounts receivable | 41 | €3,718 | €1,404 | -€2,314 | -62.2% |
| Current investments | 50/53 | €70,000 | €57,040 | -€12,960 | -18.5% |
| Cash at bank and in hand | 54/58 | €63,614 | €62,565 | -€1,049 | -1.6% |
| Deferred charges and accrued income | 490/1 | €7,633 | €5,682 | -€1,951 | -25.6% |
| Total equity and liabilities | 10/49 | €167,790 | €195,030 | +€27,240 | +16.2% |
| Equity | 10/15 | €121,046 | €146,769 | +€25,723 | +21.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €87,804 | €107,203 | +€19,399 | +22.1% |
| Distributable reserves | 133 | €87,804 | €107,203 | +€19,399 | +22.1% |
| Profit (loss) carried forward | 14 | €14,642 | €20,965 | +€6,323 | +43.2% |
| Amounts payable | 17/49 | €46,744 | €48,261 | +€1,517 | +3.2% |
| Amounts payable within one year | 42/48 | €45,556 | €45,694 | +€138 | +0.3% |
| Trade debts | 44 | €4,380 | €14,407 | +€10,027 | +228.9% |
| Suppliers | 440/4 | €4,380 | €14,407 | +€10,027 | +228.9% |
| Taxes, remuneration and social security | 45 | €10,171 | €9,998 | -€173 | -1.7% |
| Taxes | 450/3 | €10,171 | €9,998 | -€173 | -1.7% |
| Other amounts payable | 47/48 | €31,005 | €21,289 | -€9,716 | -31.3% |
| Accrued charges and deferred income | 492/3 | €1,188 | €2,567 | +€1,379 | +116.1% |
| Turnover | 70 | €158,954 | - | -€158,954 | |
| Non-recurring operating income | 76A | - | €10 | +€10 | |
| Goods, raw materials, services and sundry goods | 60/61 | €126,884 | - | -€126,884 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,060 | €1,386 | -€1,674 | -54.7% |
| Other operating charges | 640/8 | €650 | €656 | +€6 | +1.0% |
| Gross operating margin | 9900 | €42,414 | €38,884 | -€3,530 | -8.3% |
| Operating profit (loss) | 9901 | €38,704 | €36,841 | -€1,863 | -4.8% |
| Financial income | 75/76B | €1,410 | €2,673 | +€1,263 | +89.6% |
| Recurring financial income | 75 | €1,410 | €2,673 | +€1,263 | +89.6% |
| Financial charges | 65/66B | €1,211 | €2,419 | +€1,208 | +99.7% |
| Recurring financial charges | 65 | €1,211 | €2,419 | +€1,208 | +99.7% |
| Profit (loss) for the period before taxes | 9903 | €38,903 | €37,096 | -€1,807 | -4.6% |
| Income taxes | 67/77 | €10,222 | €10,514 | +€292 | +2.9% |
| Profit (loss) for the period | 9904 | €28,681 | €26,582 | -€2,099 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,681 | €26,582 | -€2,099 | -7.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.