ITOPS: what changed
ITOPS
Largest movements
- Receivables within one year -€91,590
down €91,590 (-29.4%), from €311,520 to €219,930
of which Other amounts receivable: -€106,850
- Cash +€27,879
up €27,879 (+1,545%), from €1,804 to €29,684
mainly Receivables within one year (+€91,590) and Tax, wage and social debts (+€4,016)
- Other debts -€63,194
down €63,194 (-20.5%), from €308,438 to €245,243
- Tax, wage and social debts +€4,016
up €4,016 (+63,243%), from €6 to €4,022
- Trade debts -€3,323
down €3,323 (-87.8%), from €3,782 to €460
- Gross operating margin +€7,277
up €7,277, from -€3,493 to €3,783
- Taxes +€958
up €958, from €0 to €958
- Financial charges +€920
up €920 (+323%), from €285 to €1,205
of which Non-recurring financial charges: +€1,086
- Depreciation -€323
down €323 (-30.1%), from €1,074 to €751
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €316,115 | €254,083 | -€62,032 | -19.6% |
| Fixed assets | 21/28 | €2,790 | €3,155 | +€365 | +13.1% |
| Tangible fixed assets | 22/27 | €2,790 | €3,155 | +€365 | +13.1% |
| Furniture and vehicles | 24 | €2,790 | €3,155 | +€365 | +13.1% |
| Current assets | 29/58 | €313,324 | €250,928 | -€62,396 | -19.9% |
| Stocks and contracts in progress | 3 | - | €1,314 | +€1,314 | |
| Stocks | 30/36 | - | €1,314 | +€1,314 | |
| Amounts receivable within one year | 40/41 | €311,520 | €219,930 | -€91,590 | -29.4% |
| Trade receivables | 40 | €470 | €15,730 | +€15,260 | +3,245% |
| Other amounts receivable | 41 | €311,050 | €204,200 | -€106,850 | -34.4% |
| Cash at bank and in hand | 54/58 | €1,804 | €29,684 | +€27,879 | +1,545% |
| Total equity and liabilities | 10/49 | €316,115 | €254,083 | -€62,032 | -19.6% |
| Equity | 10/15 | €3,888 | €4,357 | +€469 | +12.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,888 | €2,357 | +€469 | +24.8% |
| Amounts payable | 17/49 | €312,226 | €249,725 | -€62,501 | -20.0% |
| Amounts payable within one year | 42/48 | €312,226 | €249,725 | -€62,501 | -20.0% |
| Trade debts | 44 | €3,782 | €460 | -€3,323 | -87.8% |
| Suppliers | 440/4 | €3,782 | €460 | -€3,323 | -87.8% |
| Taxes, remuneration and social security | 45 | €6 | €4,022 | +€4,016 | +63,243% |
| Taxes | 450/3 | €6 | €4,022 | +€4,016 | +63,243% |
| Other amounts payable | 47/48 | €308,438 | €245,243 | -€63,194 | -20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,074 | €751 | -€323 | -30.1% |
| Other operating charges | 640/8 | €437 | €400 | -€38 | -8.6% |
| Gross operating margin | 9900 | -€3,493 | €3,783 | +€7,277 | |
| Operating profit (loss) | 9901 | -€5,005 | €2,632 | +€7,638 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €285 | €1,205 | +€920 | +323% |
| Recurring financial charges | 65 | €285 | €119 | -€165 | -58.1% |
| Non-recurring financial charges | 66B | - | €1,086 | +€1,086 | |
| Profit (loss) for the period before taxes | 9903 | -€5,290 | €1,427 | +€6,717 | |
| Income taxes | 67/77 | €0 | €958 | +€958 | |
| Profit (loss) for the period | 9904 | -€5,290 | €469 | +€5,759 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,290 | €469 | +€5,759 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.