Straight Up 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.
Straight Up IT
Largest movements
- Cash +€149,657
up €149,657 (+178%), from €84,002 to €233,660
mainly Net result for the year (+€100,717) and Current investments (+€100,000)
- Tangible fixed assets +€145,059
up €145,059 (+68.9%), from €210,489 to €355,548
of which Furniture and vehicles: +€153,748
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Debts after one year +€89,607
up €89,607 (+67.7%), from €132,422 to €222,029
- Reserves +€79,626
up €79,626 (+34.2%), from €232,609 to €312,235
of which Distributable reserves: +€78,565
- Current portion of long-term debt +€20,808
up €20,808 (+110%), from €18,836 to €39,643
- Tax, wage and social debts +€10,943
up €10,943 (+91.6%), from €11,942 to €22,885
- Gross operating margin +€56,214
up €56,214 (+55.0%), from €102,177 to €158,391
- Taxes +€11,622
up €11,622 (+54.1%), from €21,474 to €33,096
- Financial income +€7,603
new in 2025: €7,603
- Depreciation +€3,715
up €3,715 (+16.9%), from €21,959 to €25,674
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 | €410,909 | €613,110 | +€202,201 | +49.2% |
| Fixed assets | 21/28 | €210,489 | €355,548 | +€145,059 | +68.9% |
| Tangible fixed assets | 22/27 | €210,489 | €355,548 | +€145,059 | +68.9% |
| Land and buildings | 22 | €204,010 | €196,713 | -€7,298 | -3.6% |
| Plant, machinery and equipment | 23 | €3,329 | €1,938 | -€1,391 | -41.8% |
| Furniture and vehicles | 24 | €3,149 | €156,897 | +€153,748 | +4,882% |
| Current assets | 29/58 | €200,420 | €257,561 | +€57,141 | +28.5% |
| Amounts receivable within one year | 40/41 | €14,955 | €20,156 | +€5,201 | +34.8% |
| Trade receivables | 40 | €14,929 | €20,129 | +€5,201 | +34.8% |
| Other amounts receivable | 41 | €27 | €27 | = | 0.0% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €84,002 | €233,660 | +€149,657 | +178% |
| Deferred charges and accrued income | 490/1 | €1,462 | €3,746 | +€2,284 | +156% |
| Total equity and liabilities | 10/49 | €410,909 | €613,110 | +€202,201 | +49.2% |
| Equity | 10/15 | €245,009 | €324,635 | +€79,626 | +32.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €232,609 | €312,235 | +€79,626 | +34.2% |
| Tax-exempt reserves | 132 | €2,746 | €3,807 | +€1,060 | +38.6% |
| Distributable reserves | 133 | €229,863 | €308,428 | +€78,565 | +34.2% |
| Amounts payable | 17/49 | €165,900 | €288,475 | +€122,575 | +73.9% |
| Amounts payable after more than one year | 17 | €132,422 | €222,029 | +€89,607 | +67.7% |
| Financial debts | 170/4 | €132,422 | €222,029 | +€89,607 | +67.7% |
| Amounts payable within one year | 42/48 | €33,478 | €66,447 | +€32,968 | +98.5% |
| Current portion of amounts payable after more than one year | 42 | €18,836 | €39,643 | +€20,808 | +110% |
| Trade debts | 44 | €1,189 | €3,267 | +€2,078 | +175% |
| Suppliers | 440/4 | €1,189 | €3,267 | +€2,078 | +175% |
| Taxes, remuneration and social security | 45 | €11,942 | €22,885 | +€10,943 | +91.6% |
| Taxes | 450/3 | €11,942 | €22,885 | +€10,943 | +91.6% |
| Other amounts payable | 47/48 | €1,511 | €651 | -€860 | -56.9% |
| Non-recurring operating income | 76A | - | €44,796 | +€44,796 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,959 | €25,674 | +€3,715 | +16.9% |
| Other operating charges | 640/8 | €2,577 | €2,752 | +€175 | +6.8% |
| Gross operating margin | 9900 | €102,177 | €158,391 | +€56,214 | +55.0% |
| Operating profit (loss) | 9901 | €77,641 | €129,965 | +€52,324 | +67.4% |
| Financial income | 75/76B | - | €7,603 | +€7,603 | |
| Recurring financial income | 75 | - | €7,603 | +€7,603 | |
| Financial charges | 65/66B | €2,709 | €3,755 | +€1,046 | +38.6% |
| Recurring financial charges | 65 | €2,709 | €3,755 | +€1,046 | +38.6% |
| Profit (loss) for the period before taxes | 9903 | €74,932 | €133,813 | +€58,882 | +78.6% |
| Income taxes | 67/77 | €21,474 | €33,096 | +€11,622 | +54.1% |
| Profit (loss) for the period | 9904 | €53,458 | €100,717 | +€47,259 | +88.4% |
| Transfer to tax-exempt reserves | 689 | €1,060 | €1,060 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,398 | €99,657 | +€47,259 | +90.2% |
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 16 October 2026 via checked.be.