Think 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.
Think IT
Largest movements
- Receivables within one year +€30,952
up €30,952 (+138.9%), from €22,286 to €53,239
of which Other amounts receivable: +€20,437
- Deferred charges and accrued income -€13,227
down €13,227 (-56.6%), from €23,354 to €10,127
- Cash +€8,931
up €8,931 (+15.4%), from €57,948 to €66,878
mainly Provisions (+€41,200) and Deferred charges and accrued income (+€13,227)
- Tangible fixed assets +€2,105
up €2,105 (+20.9%), from €10,051 to €12,157
- Provisions +€41,200
new in 2025: €41,200
- Reserves -€11,721
down €11,721 (-13.9%), from €84,495 to €72,774
- Tax, wage and social debts -€2,874
down €2,874 (-15.3%), from €18,760 to €15,886
of which Remuneration and social security: -€2,590
- Trade debts +€2,156
up €2,156 (+27.3%), from €7,884 to €10,041
- Provisions +€41,200
new in 2025: €41,200
- Gross operating margin +€17,943
up €17,943 (+55.1%), from €32,575 to €50,518
- Taxes +€2,579
up €2,579 (+23.9%), from €10,781 to €13,360
- Depreciation -€997
down €997 (-19.8%), from €5,028 to €4,031
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 | €113,639 | €142,400 | +€28,761 | +25.3% |
| Fixed assets | 21/28 | €10,051 | €12,157 | +€2,105 | +20.9% |
| Tangible fixed assets | 22/27 | €10,051 | €12,157 | +€2,105 | +20.9% |
| Furniture and vehicles | 24 | €10,051 | €12,157 | +€2,105 | +20.9% |
| Current assets | 29/58 | €103,588 | €130,244 | +€26,656 | +25.7% |
| Amounts receivable within one year | 40/41 | €22,286 | €53,239 | +€30,952 | +138.9% |
| Trade receivables | 40 | €17,099 | €27,615 | +€10,516 | +61.5% |
| Other amounts receivable | 41 | €5,187 | €25,624 | +€20,437 | +394.0% |
| Cash at bank and in hand | 54/58 | €57,948 | €66,878 | +€8,931 | +15.4% |
| Deferred charges and accrued income | 490/1 | €23,354 | €10,127 | -€13,227 | -56.6% |
| Total equity and liabilities | 10/49 | €113,639 | €142,400 | +€28,761 | +25.3% |
| Equity | 10/15 | €86,995 | €75,274 | -€11,721 | -13.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €84,495 | €72,774 | -€11,721 | -13.9% |
| Distributable reserves | 133 | €84,495 | €72,774 | -€11,721 | -13.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | - | €41,200 | +€41,200 | |
| Provisions for liabilities and charges | 160/5 | - | €41,200 | +€41,200 | |
| Other liabilities and charges | 164/5 | - | €41,200 | +€41,200 | |
| Amounts payable | 17/49 | €26,644 | €25,926 | -€718 | -2.7% |
| Amounts payable within one year | 42/48 | €26,644 | €25,926 | -€718 | -2.7% |
| Trade debts | 44 | €7,884 | €10,041 | +€2,156 | +27.3% |
| Suppliers | 440/4 | €7,884 | €10,041 | +€2,156 | +27.3% |
| Taxes, remuneration and social security | 45 | €18,760 | €15,886 | -€2,874 | -15.3% |
| Taxes | 450/3 | €15,760 | €15,476 | -€284 | -1.8% |
| Remuneration and social security | 454/9 | €3,000 | €410 | -€2,590 | -86.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €28,108 | €7,718 | -€20,390 | -72.5% |
| Remuneration, social security and pensions | 62 | €250 | €250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,028 | €4,031 | -€997 | -19.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €41,200 | +€41,200 | |
| Other operating charges | 640/8 | €870 | €598 | -€272 | -31.2% |
| Non-recurring operating charges | 66A | - | €2,774 | +€2,774 | |
| Gross operating margin | 9900 | €32,575 | €50,518 | +€17,943 | +55.1% |
| Operating profit (loss) | 9901 | €26,426 | €1,665 | -€24,762 | -93.7% |
| Financial income | 75/76B | €0 | €107 | +€107 | +535250.0% |
| Recurring financial income | 75 | €0 | €107 | +€107 | +535250.0% |
| Financial charges | 65/66B | €190 | €133 | -€57 | -30.0% |
| Recurring financial charges | 65 | €190 | €133 | -€57 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | €26,237 | €1,639 | -€24,598 | -93.8% |
| Income taxes | 67/77 | €10,781 | €13,360 | +€2,579 | +23.9% |
| Profit (loss) for the period | 9904 | €15,456 | -€11,721 | -€27,177 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,456 | -€11,721 | -€27,177 |
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.