I.T.E.N.B.: 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.
I.T.E.N.B.
Largest movements
- Tangible fixed assets -€48,865
down €48,865 (-46.3%), from €105,616 to €56,751
of which Furniture and vehicles: -€44,352
- Receivables within one year -€32,708
down €32,708 (-75.3%), from €43,460 to €10,752
of which Trade receivables: -€30,485
- Cash +€25,139
up €25,139 (+128.6%), from €19,549 to €44,688
mainly Receivables within one year (+€32,708) and Investment in fixed assets (net) (+€26,127)
- Stocks and contracts -€17,000
no longer reported in 2025 (was €17,000)
- Accrued charges and deferred income -€28,302
no longer reported in 2025 (was €28,302)
- Profit (loss) carried forward -€24,053
down €24,053 (-48.2%), from €49,899 to €25,847
- Other debts -€23,598
down €23,598 (-25.7%), from €91,897 to €68,299
- Trade debts -€5,547
down €5,547 (-90.9%), from €6,105 to €558
- Current portion of long-term debt +€4,977
up €4,977 (+380.6%), from €1,308 to €6,284
- Turnover -€255,098
no longer reported in 2025 (was €255,098)
- Purchases and services -€199,206
no longer reported in 2025 (was €199,206)
- Gross operating margin -€61,133
down €61,133 (-98.9%), from €61,786 to €652
- Taxes -€9,322
no longer reported in 2025 (was €9,322)
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 | €186,594 | €113,099 | -€73,495 | -39.4% |
| Fixed assets | 21/28 | €105,741 | €56,751 | -€48,990 | -46.3% |
| Tangible fixed assets | 22/27 | €105,616 | €56,751 | -€48,865 | -46.3% |
| Plant, machinery and equipment | 23 | €8,396 | €4,930 | -€3,466 | -41.3% |
| Furniture and vehicles | 24 | €93,119 | €48,766 | -€44,352 | -47.6% |
| Leasing and similar rights | 25 | €4,101 | €3,054 | -€1,047 | -25.5% |
| Financial fixed assets | 28 | €125 | - | -€125 | |
| Current assets | 29/58 | €80,853 | €56,348 | -€24,505 | -30.3% |
| Stocks and contracts in progress | 3 | €17,000 | - | -€17,000 | |
| Stocks | 30/36 | €17,000 | - | -€17,000 | |
| Amounts receivable within one year | 40/41 | €43,460 | €10,752 | -€32,708 | -75.3% |
| Trade receivables | 40 | €34,011 | €3,526 | -€30,485 | -89.6% |
| Other amounts receivable | 41 | €9,450 | €7,226 | -€2,223 | -23.5% |
| Cash at bank and in hand | 54/58 | €19,549 | €44,688 | +€25,139 | +128.6% |
| Deferred charges and accrued income | 490/1 | €844 | €908 | +€64 | +7.6% |
| Total equity and liabilities | 10/49 | €186,594 | €113,099 | -€73,495 | -39.4% |
| Equity | 10/15 | €54,899 | €30,847 | -€24,053 | -43.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,899 | €25,847 | -€24,053 | -48.2% |
| Amounts payable | 17/49 | €131,695 | €82,252 | -€49,442 | -37.5% |
| Amounts payable after more than one year | 17 | €2,761 | €7,111 | +€4,350 | +157.6% |
| Financial debts | 170/4 | €2,761 | €7,111 | +€4,350 | +157.6% |
| Amounts payable within one year | 42/48 | €100,632 | €75,142 | -€25,491 | -25.3% |
| Current portion of amounts payable after more than one year | 42 | €1,308 | €6,284 | +€4,977 | +380.6% |
| Trade debts | 44 | €6,105 | €558 | -€5,547 | -90.9% |
| Suppliers | 440/4 | €6,105 | €558 | -€5,547 | -90.9% |
| Taxes, remuneration and social security | 45 | €1,322 | - | -€1,322 | |
| Taxes | 450/3 | €1,322 | - | -€1,322 | |
| Other amounts payable | 47/48 | €91,897 | €68,299 | -€23,598 | -25.7% |
| Accrued charges and deferred income | 492/3 | €28,302 | - | -€28,302 | |
| Turnover | 70 | €255,098 | - | -€255,098 | |
| Goods, raw materials, services and sundry goods | 60/61 | €199,206 | - | -€199,206 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,800 | €22,863 | +€63 | +0.3% |
| Other operating charges | 640/8 | €2,749 | €400 | -€2,350 | -85.5% |
| Non-recurring operating charges | 66A | - | €568 | +€568 | |
| Gross operating margin | 9900 | €61,786 | €652 | -€61,133 | -98.9% |
| Operating profit (loss) | 9901 | €36,236 | -€23,178 | -€59,415 | |
| Financial income | 75/76B | €45 | - | -€45 | |
| Recurring financial income | 75 | €45 | - | -€45 | |
| Financial charges | 65/66B | €893 | €874 | -€18 | -2.1% |
| Recurring financial charges | 65 | €893 | €874 | -€18 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €35,389 | -€24,053 | -€59,441 | |
| Income taxes | 67/77 | €9,322 | - | -€9,322 | |
| Profit (loss) for the period | 9904 | €26,067 | -€24,053 | -€50,119 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,067 | -€24,053 | -€50,119 |
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 9 October 2026 via checked.be.