ShortIT: 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.
ShortIT
Largest movements
- Cash -€48,271
down €48,271 (-50.4%), from €95,714 to €47,443
mainly Contributions, distributions and other (-€117,000) and Debts after one year (-€6,320)
- Tangible fixed assets -€8,071
down €8,071 (-29.4%), from €27,423 to €19,352
- Profit (loss) carried forward -€105,593
down €105,593 (-86.5%), from €122,107 to €16,514
- Provisions +€45,250
new in 2025: €45,250
- Other debts +€10,000
new in 2025: €10,000
- Debts after one year -€6,320
no longer reported in 2025 (was €6,320)
- Provisions +€45,250
new in 2025: €45,250
- Gross operating margin +€5,918
up €5,918 (+7.7%), from €76,496 to €82,414
- Taxes +€876
up €876 (+5.9%), from €14,888 to €15,764
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 | €143,607 | €87,308 | -€56,298 | -39.2% |
| Fixed assets | 21/28 | €27,773 | €19,702 | -€8,071 | -29.1% |
| Tangible fixed assets | 22/27 | €27,423 | €19,352 | -€8,071 | -29.4% |
| Furniture and vehicles | 24 | €27,423 | €19,352 | -€8,071 | -29.4% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €115,833 | €67,606 | -€48,227 | -41.6% |
| Amounts receivable within one year | 40/41 | €19,161 | €19,049 | -€112 | -0.6% |
| Trade receivables | 40 | €17,013 | €13,320 | -€3,693 | -21.7% |
| Other amounts receivable | 41 | €2,148 | €5,729 | +€3,581 | +166.7% |
| Cash at bank and in hand | 54/58 | €95,714 | €47,443 | -€48,271 | -50.4% |
| Deferred charges and accrued income | 490/1 | €959 | €1,114 | +€155 | +16.2% |
| Total equity and liabilities | 10/49 | €143,607 | €87,308 | -€56,298 | -39.2% |
| Equity | 10/15 | €124,107 | €18,514 | -€105,593 | -85.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €122,107 | €16,514 | -€105,593 | -86.5% |
| Provisions and deferred taxes | 16 | - | €45,250 | +€45,250 | |
| Provisions for liabilities and charges | 160/5 | - | €45,250 | +€45,250 | |
| Other liabilities and charges | 164/5 | - | €45,250 | +€45,250 | |
| Amounts payable | 17/49 | €19,499 | €23,545 | +€4,045 | +20.7% |
| Amounts payable after more than one year | 17 | €6,320 | - | -€6,320 | |
| Financial debts | 170/4 | €6,320 | - | -€6,320 | |
| Amounts payable within one year | 42/48 | €13,179 | €23,545 | +€10,366 | +78.7% |
| Current portion of amounts payable after more than one year | 42 | €6,244 | €6,320 | +€76 | +1.2% |
| Trade debts | 44 | €737 | €1,315 | +€577 | +78.3% |
| Suppliers | 440/4 | €737 | €1,315 | +€577 | +78.3% |
| Taxes, remuneration and social security | 45 | €6,197 | €5,910 | -€287 | -4.6% |
| Taxes | 450/3 | €6,197 | €4,627 | -€1,570 | -25.3% |
| Remuneration and social security | 454/9 | - | €1,282 | +€1,282 | |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,699 | €8,953 | +€254 | +2.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €45,250 | +€45,250 | |
| Other operating charges | 640/8 | €574 | €945 | +€371 | +64.6% |
| Gross operating margin | 9900 | €76,496 | €82,414 | +€5,918 | +7.7% |
| Operating profit (loss) | 9901 | €67,222 | €27,266 | -€39,956 | -59.4% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €165 | €107 | -€58 | -35.2% |
| Recurring financial charges | 65 | €165 | €107 | -€58 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €67,057 | €27,171 | -€39,886 | -59.5% |
| Income taxes | 67/77 | €14,888 | €15,764 | +€876 | +5.9% |
| Profit (loss) for the period | 9904 | €52,169 | €11,407 | -€40,762 | -78.1% |
| Profit (loss) for the period to be appropriated | 9905 | €52,169 | €11,407 | -€40,762 | -78.1% |
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 5 October 2026 via checked.be.