ITverse Solutions: 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.
ITverse Solutions
Largest movements
- Cash +€35,839
up €35,839 (+77.7%), from €46,099 to €81,938
mainly Net result for the year (+€34,842) and Tax, wage and social debts (+€12,366)
- Receivables within one year +€13,381
up €13,381 (+107.8%), from €12,416 to €25,797
of which Trade receivables: +€13,842
- Deferred charges and accrued income -€3,076
down €3,076 (-28.5%), from €10,787 to €7,711
- Profit (loss) carried forward +€34,009
up €34,009 (+71.8%), from €47,398 to €81,407
- Tax, wage and social debts +€12,366
up €12,366 (+66.6%), from €18,577 to €30,943
- Gross operating margin -€15,358
down €15,358 (-25.2%), from €61,045 to €45,687
- Taxes -€2,214
down €2,214 (-17.5%), from €12,661 to €10,447
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 | €70,626 | €116,427 | +€45,801 | +64.9% |
| Fixed assets | 21/28 | €1,324 | €981 | -€343 | -25.9% |
| Tangible fixed assets | 22/27 | €1,324 | €981 | -€343 | -25.9% |
| Furniture and vehicles | 24 | €1,324 | €981 | -€343 | -25.9% |
| Current assets | 29/58 | €69,302 | €115,446 | +€46,144 | +66.6% |
| Amounts receivable within one year | 40/41 | €12,416 | €25,797 | +€13,381 | +107.8% |
| Trade receivables | 40 | €11,955 | €25,797 | +€13,842 | +115.8% |
| Other amounts receivable | 41 | €461 | - | -€461 | |
| Cash at bank and in hand | 54/58 | €46,099 | €81,938 | +€35,839 | +77.7% |
| Deferred charges and accrued income | 490/1 | €10,787 | €7,711 | -€3,076 | -28.5% |
| Total equity and liabilities | 10/49 | €70,626 | €116,427 | +€45,801 | +64.9% |
| Equity | 10/15 | €50,398 | €84,407 | +€34,009 | +67.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,398 | €81,407 | +€34,009 | +71.8% |
| Amounts payable | 17/49 | €20,228 | €32,020 | +€11,793 | +58.3% |
| Amounts payable within one year | 42/48 | €20,228 | €32,020 | +€11,793 | +58.3% |
| Trade debts | 44 | €791 | €190 | -€601 | -75.9% |
| Suppliers | 440/4 | €791 | €190 | -€601 | -75.9% |
| Taxes, remuneration and social security | 45 | €18,577 | €30,943 | +€12,366 | +66.6% |
| Taxes | 450/3 | €18,577 | €30,943 | +€12,366 | +66.6% |
| Other amounts payable | 47/48 | €859 | €887 | +€28 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49 | €343 | +€294 | +604.4% |
| Gross operating margin | 9900 | €61,045 | €45,687 | -€15,358 | -25.2% |
| Operating profit (loss) | 9901 | €60,996 | €45,344 | -€15,652 | -25.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €78 | €55 | -€23 | -29.4% |
| Recurring financial charges | 65 | €78 | €55 | -€23 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €60,918 | €45,289 | -€15,630 | -25.7% |
| Income taxes | 67/77 | €12,661 | €10,447 | -€2,214 | -17.5% |
| Profit (loss) for the period | 9904 | €48,257 | €34,842 | -€13,415 | -27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €48,257 | €34,842 | -€13,415 | -27.8% |
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 8 October 2026 via checked.be.