Source IT Right Advisory & Consulting: 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.
Source IT Right Advisory & Consulting
Largest movements
- Cash -€46,544
down €46,544 (-89.3%), from €52,120 to €5,576
mainly Contributions, distributions and other (-€113,455) and Tax, wage and social debts (-€17,987)
- Receivables within one year +€13,128
up €13,128 (+13.3%), from €98,679 to €111,808
of which Other amounts receivable: +€69,536
- Tangible fixed assets -€3,270
down €3,270 (-50.0%), from €6,542 to €3,272
- Reserves -€63,416
down €63,416 (-58.2%), from €108,870 to €45,455
- Other debts +€43,833
new in 2025: €43,833
- Tax, wage and social debts -€17,987
down €17,987 (-45.9%), from €39,153 to €21,167
- Gross operating margin +€39,690
up €39,690 (+140%), from €28,429 to €68,119
- Taxes +€9,678
up €9,678 (+176%), from €5,494 to €15,171
- Other operating charges -€3,127
down €3,127 (-92.8%), from €3,371 to €244
- Financial income +€1,920
new in 2025: €1,920
- Financial charges -€1,503
down €1,503 (-73.8%), from €2,037 to €535
of which Non-recurring financial charges: -€943
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 | €157,742 | €121,056 | -€36,686 | -23.3% |
| Fixed assets | 21/28 | €6,942 | €3,672 | -€3,270 | -47.1% |
| Tangible fixed assets | 22/27 | €6,542 | €3,272 | -€3,270 | -50.0% |
| Furniture and vehicles | 24 | €6,542 | €3,272 | -€3,270 | -50.0% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €150,800 | €117,384 | -€33,416 | -22.2% |
| Amounts receivable within one year | 40/41 | €98,679 | €111,808 | +€13,128 | +13.3% |
| Trade receivables | 40 | €85,850 | €29,443 | -€56,407 | -65.7% |
| Other amounts receivable | 41 | €12,829 | €82,365 | +€69,536 | +542% |
| Cash at bank and in hand | 54/58 | €52,120 | €5,576 | -€46,544 | -89.3% |
| Total equity and liabilities | 10/49 | €157,742 | €121,056 | -€36,686 | -23.3% |
| Equity | 10/15 | €113,870 | €50,455 | -€63,416 | -55.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €108,870 | €45,455 | -€63,416 | -58.2% |
| Distributable reserves | 133 | €108,870 | €45,455 | -€63,416 | -58.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €43,871 | €70,601 | +€26,730 | +60.9% |
| Amounts payable within one year | 42/48 | €43,871 | €70,601 | +€26,730 | +60.9% |
| Trade debts | 44 | €4,718 | €5,601 | +€883 | +18.7% |
| Suppliers | 440/4 | €4,718 | €5,601 | +€883 | +18.7% |
| Taxes, remuneration and social security | 45 | €39,153 | €21,167 | -€17,987 | -45.9% |
| Taxes | 450/3 | €39,153 | €21,167 | -€17,987 | -45.9% |
| Other amounts payable | 47/48 | - | €43,833 | +€43,833 | |
| Non-recurring operating income | 76A | - | €742 | +€742 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,305 | €3,946 | -€1,359 | -25.6% |
| Other operating charges | 640/8 | €3,371 | €244 | -€3,127 | -92.8% |
| Non-recurring operating charges | 66A | - | €103 | +€103 | |
| Gross operating margin | 9900 | €28,429 | €68,119 | +€39,690 | +140% |
| Operating profit (loss) | 9901 | €19,753 | €63,825 | +€44,072 | +223% |
| Financial income | 75/76B | - | €1,920 | +€1,920 | |
| Recurring financial income | 75 | - | €1,920 | +€1,920 | |
| Financial charges | 65/66B | €2,037 | €535 | -€1,503 | -73.8% |
| Recurring financial charges | 65 | €1,095 | €535 | -€560 | -51.2% |
| Non-recurring financial charges | 66B | €943 | €0 | -€943 | -100% |
| Profit (loss) for the period before taxes | 9903 | €17,716 | €65,211 | +€47,495 | +268% |
| Income taxes | 67/77 | €5,494 | €15,171 | +€9,678 | +176% |
| Profit (loss) for the period | 9904 | €12,222 | €50,039 | +€37,817 | +309% |
| Profit (loss) for the period to be appropriated | 9905 | €12,222 | €50,039 | +€37,817 | +309% |
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 19 October 2026 via checked.be.