We Love 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.
We Love IT
Largest movements
- Deferred charges and accrued income +€51,768
up €51,768 (+667%), from €7,759 to €59,527
- Receivables within one year +€35,862
up €35,862 (+71.6%), from €50,105 to €85,967
of which Trade receivables: +€36,755
- Current investments -€30,966
down €30,966 (-83.2%), from €37,207 to €6,241
- Stocks and contracts +€20,000
new in 2025: €20,000
- Tangible fixed assets +€9,794
up €9,794 (+56.0%), from €17,503 to €27,297
of which Furniture and vehicles: +€11,334
- Reserves -€42,559
down €42,559 (-23.8%), from €178,774 to €136,215
- Tax, wage and social debts +€39,498
up €39,498 (+209%), from €18,897 to €58,395
of which Remuneration and social security: +€22,333
- Current portion of long-term debt +€34,671
up €34,671 (+181%), from €19,124 to €53,795
- Debts after one year +€34,360
up €34,360 (+62.9%), from €54,660 to €89,020
- Trade debts +€33,076
up €33,076 (+245%), from €13,501 to €46,577
- Staff costs +€228,306
up €228,306 (+240%), from €95,195 to €323,501
- Gross operating margin +€138,407
up €138,407 (+82.8%), from €167,141 to €305,548
- Taxes -€15,226
down €15,226 (-92.3%), from €16,500 to €1,274
- Financial charges +€12,145
up €12,145 (+426%), from €2,851 to €14,996
- Other operating charges -€3,346
down €3,346 (-81.2%), from €4,121 to €775
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 | €301,740 | €390,502 | +€88,762 | +29.4% |
| Fixed assets | 21/28 | €20,878 | €33,822 | +€12,944 | +62.0% |
| Tangible fixed assets | 22/27 | €17,503 | €27,297 | +€9,794 | +56.0% |
| Furniture and vehicles | 24 | €12,428 | €23,762 | +€11,334 | +91.2% |
| Other tangible fixed assets | 26 | €5,075 | €3,535 | -€1,540 | -30.3% |
| Financial fixed assets | 28 | €3,375 | €6,525 | +€3,150 | +93.3% |
| Current assets | 29/58 | €280,862 | €356,680 | +€75,818 | +27.0% |
| Stocks and contracts in progress | 3 | - | €20,000 | +€20,000 | |
| Contracts in progress | 37 | - | €20,000 | +€20,000 | |
| Amounts receivable within one year | 40/41 | €50,105 | €85,967 | +€35,862 | +71.6% |
| Trade receivables | 40 | €40,998 | €77,753 | +€36,755 | +89.7% |
| Other amounts receivable | 41 | €9,107 | €8,214 | -€893 | -9.8% |
| Current investments | 50/53 | €37,207 | €6,241 | -€30,966 | -83.2% |
| Cash at bank and in hand | 54/58 | €185,791 | €184,945 | -€846 | -0.5% |
| Deferred charges and accrued income | 490/1 | €7,759 | €59,527 | +€51,768 | +667% |
| Total equity and liabilities | 10/49 | €301,740 | €390,502 | +€88,762 | +29.4% |
| Equity | 10/15 | €178,874 | €136,315 | -€42,559 | -23.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €178,774 | €136,215 | -€42,559 | -23.8% |
| Distributable reserves | 133 | €178,774 | €136,215 | -€42,559 | -23.8% |
| Amounts payable | 17/49 | €122,866 | €254,187 | +€131,321 | +107% |
| Amounts payable after more than one year | 17 | €54,660 | €89,020 | +€34,360 | +62.9% |
| Financial debts | 170/4 | €54,660 | €89,020 | +€34,360 | +62.9% |
| Amounts payable within one year | 42/48 | €64,687 | €158,767 | +€94,080 | +145% |
| Current portion of amounts payable after more than one year | 42 | €19,124 | €53,795 | +€34,671 | +181% |
| Trade debts | 44 | €13,501 | €46,577 | +€33,076 | +245% |
| Suppliers | 440/4 | €13,501 | €46,577 | +€33,076 | +245% |
| Advances received on contracts in progress | 46 | €13,165 | - | -€13,165 | |
| Taxes, remuneration and social security | 45 | €18,897 | €58,395 | +€39,498 | +209% |
| Taxes | 450/3 | €18,897 | €36,062 | +€17,165 | +90.8% |
| Remuneration and social security | 454/9 | - | €22,333 | +€22,333 | |
| Accrued charges and deferred income | 492/3 | €3,519 | €6,400 | +€2,881 | +81.9% |
| Remuneration, social security and pensions | 62 | €95,195 | €323,501 | +€228,306 | +240% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,032 | €7,996 | +€2,964 | +58.9% |
| Other operating charges | 640/8 | €4,121 | €775 | -€3,346 | -81.2% |
| Gross operating margin | 9900 | €167,141 | €305,548 | +€138,407 | +82.8% |
| Operating profit (loss) | 9901 | €62,793 | -€26,724 | -€89,517 | |
| Financial income | 75/76B | - | €435 | +€435 | |
| Recurring financial income | 75 | - | €435 | +€435 | |
| Financial charges | 65/66B | €2,851 | €14,996 | +€12,145 | +426% |
| Recurring financial charges | 65 | €2,851 | €14,996 | +€12,145 | +426% |
| Profit (loss) for the period before taxes | 9903 | €59,942 | -€41,285 | -€101,227 | |
| Income taxes | 67/77 | €16,500 | €1,274 | -€15,226 | -92.3% |
| Profit (loss) for the period | 9904 | €43,442 | -€42,559 | -€86,001 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,442 | -€42,559 | -€86,001 |
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 26 October 2026 via checked.be.