I.T.M. - Software: 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.M. - Software
Largest movements
- Receivables within one year -€17,912
down €17,912 (-61.9%), from €28,934 to €11,022
- Cash +€3,217
up €3,217 (+84.8%), from €3,794 to €7,011
mainly Receivables within one year (+€17,912)
- Tax, wage and social debts -€6,228
down €6,228 (-54.7%), from €11,379 to €5,151
- Profit (loss) carried forward -€4,756
down €4,756 (-8.3%), from -€57,507 to -€62,263
- Other debts -€3,676
down €3,676 (-7.0%), from €52,611 to €48,936
- Gross operating margin -€24,040
down €24,040, from €20,519 to -€3,521
- Taxes -€4,972
down €4,972 (-98.5%), from €5,047 to €75
- Financial charges -€2,239
down €2,239 (-96.2%), from €2,327 to €88
- Financial income -€668
no longer reported in 2025 (was €668)
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 | €33,009 | €18,336 | -€14,673 | -44.5% |
| Current assets | 29/58 | €33,009 | €18,336 | -€14,673 | -44.5% |
| Amounts receivable within one year | 40/41 | €28,934 | €11,022 | -€17,912 | -61.9% |
| Other amounts receivable | 41 | €28,934 | €11,022 | -€17,912 | -61.9% |
| Cash at bank and in hand | 54/58 | €3,794 | €7,011 | +€3,217 | +84.8% |
| Deferred charges and accrued income | 490/1 | €281 | €303 | +€23 | +8.0% |
| Total equity and liabilities | 10/49 | €33,009 | €18,336 | -€14,673 | -44.5% |
| Equity | 10/15 | -€31,061 | -€35,817 | -€4,756 | -15.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €7,895 | €7,895 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,437 | €7,437 | = | 0.0% |
| Tax-exempt reserves | 132 | €459 | €459 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,507 | -€62,263 | -€4,756 | -8.3% |
| Amounts payable | 17/49 | €64,070 | €54,153 | -€9,917 | -15.5% |
| Amounts payable within one year | 42/48 | €64,004 | €54,086 | -€9,918 | -15.5% |
| Trade debts | 44 | €15 | - | -€15 | |
| Suppliers | 440/4 | €15 | - | -€15 | |
| Taxes, remuneration and social security | 45 | €11,379 | €5,151 | -€6,228 | -54.7% |
| Taxes | 450/3 | €11,379 | €5,151 | -€6,228 | -54.7% |
| Other amounts payable | 47/48 | €52,611 | €48,936 | -€3,676 | -7.0% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Other operating charges | 640/8 | €1,078 | €1,072 | -€6 | -0.6% |
| Gross operating margin | 9900 | €20,519 | -€3,521 | -€24,040 | |
| Operating profit (loss) | 9901 | €19,440 | -€4,593 | -€24,034 | |
| Financial income | 75/76B | €668 | - | -€668 | |
| Recurring financial income | 75 | €668 | - | -€668 | |
| Financial charges | 65/66B | €2,327 | €88 | -€2,239 | -96.2% |
| Recurring financial charges | 65 | €2,327 | €88 | -€2,239 | -96.2% |
| Profit (loss) for the period before taxes | 9903 | €17,781 | -€4,681 | -€22,463 | |
| Income taxes | 67/77 | €5,047 | €75 | -€4,972 | -98.5% |
| Profit (loss) for the period | 9904 | €12,734 | -€4,756 | -€17,490 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,734 | -€4,756 | -€17,490 |
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 17 October 2026 via checked.be.