IT LEVEL5: what changed
What changed
IT LEVEL5
NACE 62.100, Computer programming
filed annual accounts (NBB)
Net result for the year
€20,817
2024 · €27,041-€6,224
Equity
€441,472
2024 · €420,655+€20,817
Cash
€9,548
2024 · €11,952-€2,405
Balance sheet total
€531,856
2024 · €540,106-€8,250
Largest movements
Assets
- Tangible fixed assets -€16,240
down €16,240 (-15.3%), from €106,064 to €89,824
of which Land and buildings: -€12,109
- Receivables within one year +€8,675
up €8,675 (+2.1%), from €420,247 to €428,922
of which Other amounts receivable: +€35,054
Equity and liabilities
- Debts after one year -€33,008
down €33,008 (-84.2%), from €39,211 to €6,203
- Profit (loss) carried forward +€20,817
up €20,817 (+5.1%), from €407,015 to €427,832
- Advances received +€13,379
up €13,379 (+164%), from €8,168 to €21,547
- Trade debts -€10,768
down €10,768 (-42.4%), from €25,424 to €14,656
Income statement
- Financial charges +€4,064
up €4,064 (+72.6%), from €5,601 to €9,665
- Gross operating margin -€1,491
down €1,491 (-2.6%), from €57,392 to €55,901
- Depreciation +€935
up €935 (+6.1%), from €15,304 to €16,240
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.
Result 2024
€27,041
Gross operating margin
-€1,491
Depreciation
-€935
Other operating charges
-€64
Financial charges
-€4,064
Taxes
+€330
Result 2025
€20,817
raises the resultlowers the result
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.
From operations
+€29,246
Investment
€0
Financing
-€31,650
Cash 2024
€11,952
From operations (derived)
+€29,246
Net result for the year
+€20,817
Depreciation
+€16,240
Receivables within one year
-€8,675
Deferred charges and accrued income
-€1,720
Trade debts
-€10,768
Tax, wage and social debts
-€28
Advances received
+€13,379
Financing
-€31,650
Debts after one year
-€33,008
Current portion of long-term debt
+€1,357
Cash 2025
€9,548
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €540,106 | €531,856 | -€8,250 | -1.5% |
| Fixed assets | 21/28 | €106,064 | €89,824 | -€16,240 | -15.3% |
| Tangible fixed assets | 22/27 | €106,064 | €89,824 | -€16,240 | -15.3% |
| Land and buildings | 22 | €78,706 | €66,598 | -€12,109 | -15.4% |
| Other tangible fixed assets | 26 | €27,357 | €23,226 | -€4,131 | -15.1% |
| Current assets | 29/58 | €434,042 | €442,032 | +€7,990 | +1.8% |
| Amounts receivable within one year | 40/41 | €420,247 | €428,922 | +€8,675 | +2.1% |
| Trade receivables | 40 | €49,323 | €22,944 | -€26,379 | -53.5% |
| Other amounts receivable | 41 | €370,924 | €405,978 | +€35,054 | +9.5% |
| Cash at bank and in hand | 54/58 | €11,952 | €9,548 | -€2,405 | -20.1% |
| Deferred charges and accrued income | 490/1 | €1,843 | €3,563 | +€1,720 | +93.3% |
| Total equity and liabilities | 10/49 | €540,106 | €531,856 | -€8,250 | -1.5% |
| Equity | 10/15 | €420,655 | €441,472 | +€20,817 | +4.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,240 | €1,240 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,240 | +€1,240 | |
| Reserves not available under the articles | 1311 | - | €1,240 | +€1,240 | |
| Distributable reserves | 133 | €1,240 | - | -€1,240 | |
| Profit (loss) carried forward | 14 | €407,015 | €427,832 | +€20,817 | +5.1% |
| Amounts payable | 17/49 | €119,451 | €90,384 | -€29,067 | -24.3% |
| Amounts payable after more than one year | 17 | €39,211 | €6,203 | -€33,008 | -84.2% |
| Financial debts | 170/4 | €39,211 | €6,203 | -€33,008 | -84.2% |
| Amounts payable within one year | 42/48 | €80,240 | €84,181 | +€3,940 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €31,417 | €32,774 | +€1,357 | +4.3% |
| Financial debts | 43 | €5,524 | €5,524 | = | 0.0% |
| Other loans | 439 | €5,524 | €5,524 | = | 0.0% |
| Trade debts | 44 | €25,424 | €14,656 | -€10,768 | -42.4% |
| Suppliers | 440/4 | €25,424 | €14,656 | -€10,768 | -42.4% |
| Advances received on contracts in progress | 46 | €8,168 | €21,547 | +€13,379 | +164% |
| Taxes, remuneration and social security | 45 | €9,707 | €9,679 | -€28 | -0.3% |
| Taxes | 450/3 | €9,707 | €9,679 | -€28 | -0.3% |
| Remuneration, social security and pensions | 62 | €390 | €390 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,304 | €16,240 | +€935 | +6.1% |
| Other operating charges | 640/8 | €1,747 | €1,811 | +€64 | +3.7% |
| Gross operating margin | 9900 | €57,392 | €55,901 | -€1,491 | -2.6% |
| Operating profit (loss) | 9901 | €39,950 | €37,460 | -€2,490 | -6.2% |
| Financial charges | 65/66B | €5,601 | €9,665 | +€4,064 | +72.6% |
| Recurring financial charges | 65 | €5,601 | €9,665 | +€4,064 | +72.6% |
| Profit (loss) for the period before taxes | 9903 | €34,349 | €27,795 | -€6,553 | -19.1% |
| Income taxes | 67/77 | €7,308 | €6,978 | -€330 | -4.5% |
| Profit (loss) for the period | 9904 | €27,041 | €20,817 | -€6,224 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,041 | €20,817 | -€6,224 | -23.0% |
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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 2 November 2026 via checked.be.