I.T.I.D.: 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.I.D.
Largest movements
- Tangible fixed assets -€21,879
down €21,879 (-31.5%), from €69,538 to €47,659
- Receivables within one year -€6,702
down €6,702 (-79.4%), from €8,445 to €1,743
of which Trade receivables: -€5,942
- Debts after one year -€16,538
down €16,538 (-61.5%), from €26,911 to €10,372
- Current portion of long-term debt -€5,487
down €5,487 (-24.9%), from €22,025 to €16,538
- Short-term financial debts -€5,343
no longer reported in 2025 (was €5,343)
- Trade debts -€5,168
down €5,168 (-76.1%), from €6,794 to €1,626
- Profit (loss) carried forward +€4,578
up €4,578 (+1,707%), from €268 to €4,846
- Gross operating margin +€9,341
up €9,341 (+42.6%), from €21,921 to €31,262
- Taxes +€1,735
up €1,735 (+716%), from €242 to €1,977
- Financial charges -€924
down €924 (-34.8%), from €2,654 to €1,729
- Financial income +€793
new in 2025: €793
of which Financial income: +€793
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 | €82,685 | €53,635 | -€29,050 | -35.1% |
| Fixed assets | 21/28 | €69,538 | €47,659 | -€21,879 | -31.5% |
| Tangible fixed assets | 22/27 | €69,538 | €47,659 | -€21,879 | -31.5% |
| Land and buildings | 22 | €8,800 | - | -€8,800 | |
| Plant, machinery and equipment | 23 | €57,266 | €46,774 | -€10,493 | -18.3% |
| Other tangible fixed assets | 26 | €3,472 | €885 | -€2,586 | -74.5% |
| Current assets | 29/58 | €13,147 | €5,976 | -€7,171 | -54.5% |
| Stocks and contracts in progress | 3 | €2,590 | €2,360 | -€230 | -8.9% |
| Stocks | 30/36 | €2,590 | €2,360 | -€230 | -8.9% |
| Amounts receivable within one year | 40/41 | €8,445 | €1,743 | -€6,702 | -79.4% |
| Trade receivables | 40 | €7,185 | €1,243 | -€5,942 | -82.7% |
| Other amounts receivable | 41 | €1,260 | €500 | -€760 | -60.3% |
| Cash at bank and in hand | 54/58 | €3 | €464 | +€461 | +15,788% |
| Deferred charges and accrued income | 490/1 | €2,109 | €1,409 | -€701 | -33.2% |
| Total equity and liabilities | 10/49 | €82,685 | €53,635 | -€29,050 | -35.1% |
| Equity | 10/15 | €14,528 | €19,105 | +€4,578 | +31.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €268 | €4,846 | +€4,578 | +1,707% |
| Amounts payable | 17/49 | €68,158 | €34,530 | -€33,628 | -49.3% |
| Amounts payable after more than one year | 17 | €26,911 | €10,372 | -€16,538 | -61.5% |
| Financial debts | 170/4 | €26,911 | €10,372 | -€16,538 | -61.5% |
| Amounts payable within one year | 42/48 | €41,247 | €23,973 | -€17,274 | -41.9% |
| Current portion of amounts payable after more than one year | 42 | €22,025 | €16,538 | -€5,487 | -24.9% |
| Financial debts | 43 | €5,343 | - | -€5,343 | |
| Credit institutions | 430/8 | €5,343 | - | -€5,343 | |
| Trade debts | 44 | €6,794 | €1,626 | -€5,168 | -76.1% |
| Suppliers | 440/4 | €6,794 | €1,626 | -€5,168 | -76.1% |
| Taxes, remuneration and social security | 45 | €4,744 | €1,802 | -€2,942 | -62.0% |
| Taxes | 450/3 | €2,444 | €1,802 | -€642 | -26.3% |
| Remuneration and social security | 454/9 | €2,300 | - | -€2,300 | |
| Other amounts payable | 47/48 | €2,341 | €4,006 | +€1,665 | +71.1% |
| Accrued charges and deferred income | 492/3 | - | €185 | +€185 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,214 | €22,194 | -€20 | -0.1% |
| Other operating charges | 640/8 | €1,825 | €1,576 | -€249 | -13.6% |
| Gross operating margin | 9900 | €21,921 | €31,262 | +€9,341 | +42.6% |
| Operating profit (loss) | 9901 | -€2,119 | €7,492 | +€9,610 | |
| Financial income | 75/76B | - | €793 | +€793 | |
| Recurring financial income | 75 | - | €793 | +€793 | |
| Non-recurring financial income | 76B | - | €793 | +€793 | |
| Financial charges | 65/66B | €2,654 | €1,729 | -€924 | -34.8% |
| Recurring financial charges | 65 | €2,654 | €1,729 | -€924 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,772 | €6,555 | +€11,327 | |
| Income taxes | 67/77 | €242 | €1,977 | +€1,735 | +716% |
| Profit (loss) for the period | 9904 | -€5,014 | €4,578 | +€9,592 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,014 | €4,578 | +€9,592 |
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 31 October 2026 via checked.be.