THE IT GUYS: 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.
THE IT GUYS
Largest movements
- Receivables within one year -€6,129
down €6,129 (-38.9%), from €15,769 to €9,640
of which Other amounts receivable: -€5,166
- Cash +€5,424
up €5,424 (+14.3%), from €38,017 to €43,440
mainly Receivables within one year (+€6,129) and Other debts (+€4,591)
- Other debts +€4,591
up €4,591 (+20.2%), from €22,750 to €27,341
- Trade debts -€4,188
no longer reported in 2025 (was €4,188)
- Tax, wage and social debts -€1,549
down €1,549 (-60.8%), from €2,549 to €1,000
- Gross operating margin +€402
up €402 (+10.2%), from €3,949 to €4,351
- Depreciation +€395
up €395 (+13.5%), from €2,933 to €3,328
- Other operating charges -€185
down €185 (-21.4%), from €861 to €677
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 | €123,834 | €122,863 | -€971 | -0.8% |
| Fixed assets | 21/28 | €70,048 | €69,783 | -€266 | -0.4% |
| Tangible fixed assets | 22/27 | €70,048 | €69,783 | -€266 | -0.4% |
| Land and buildings | 22 | €69,334 | €66,789 | -€2,545 | -3.7% |
| Plant, machinery and equipment | 23 | - | €2,756 | +€2,756 | |
| Furniture and vehicles | 24 | €715 | €238 | -€476 | -66.7% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €53,786 | €53,081 | -€705 | -1.3% |
| Amounts receivable within one year | 40/41 | €15,769 | €9,640 | -€6,129 | -38.9% |
| Trade receivables | 40 | €6,025 | €5,062 | -€963 | -16.0% |
| Other amounts receivable | 41 | €9,745 | €4,579 | -€5,166 | -53.0% |
| Cash at bank and in hand | 54/58 | €38,017 | €43,440 | +€5,424 | +14.3% |
| Total equity and liabilities | 10/49 | €123,834 | €122,863 | -€971 | -0.8% |
| Equity | 10/15 | €94,347 | €94,523 | +€175 | +0.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Share premium | 1100/10 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €72,000 | €72,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Other | 1319 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,347 | €2,523 | +€175 | +7.5% |
| Amounts payable | 17/49 | €29,487 | €28,341 | -€1,146 | -3.9% |
| Amounts payable within one year | 42/48 | €29,487 | €28,341 | -€1,146 | -3.9% |
| Trade debts | 44 | €4,188 | - | -€4,188 | |
| Suppliers | 440/4 | €4,188 | - | -€4,188 | |
| Taxes, remuneration and social security | 45 | €2,549 | €1,000 | -€1,549 | -60.8% |
| Taxes | 450/3 | €2,549 | €1,000 | -€1,549 | -60.8% |
| Other amounts payable | 47/48 | €22,750 | €27,341 | +€4,591 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,933 | €3,328 | +€395 | +13.5% |
| Other operating charges | 640/8 | €861 | €677 | -€185 | -21.4% |
| Gross operating margin | 9900 | €3,949 | €4,351 | +€402 | +10.2% |
| Operating profit (loss) | 9901 | €155 | €347 | +€191 | +123% |
| Financial charges | 65/66B | €156 | €171 | +€15 | +9.5% |
| Recurring financial charges | 65 | €156 | €171 | +€15 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | -€1 | €175 | +€176 | |
| Profit (loss) for the period | 9904 | -€1 | €175 | +€176 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1 | €175 | +€176 |
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 18 October 2026 via checked.be.