I.TEL.PARTNERS: 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.TEL.PARTNERS
Largest movements
- Cash -€3,076
down €3,076 (-76.7%), from €4,012 to €936
mainly Tax, wage and social debts (-€2,700) and Receivables within one year (-€437)
- Tax, wage and social debts -€2,700
down €2,700 (-99.2%), from €2,721 to €21
- Turnover -€18,847
down €18,847 (-36.6%), from €51,521 to €32,674
- Gross operating margin -€12,569
down €12,569 (-93.3%), from €13,470 to €901
- Taxes -€11,180
down €11,180 (-99.8%), from €11,200 to €20
- Purchases and services -€6,277
down €6,277 (-16.5%), from €38,050 to €31,773
- Financial charges -€938
down €938 (-97.9%), from €958 to €20
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 | €50,675 | €48,036 | -€2,639 | -5.2% |
| Current assets | 29/58 | €50,675 | €48,036 | -€2,639 | -5.2% |
| Amounts receivable within one year | 40/41 | €46,663 | €47,100 | +€437 | +0.9% |
| Other amounts receivable | 41 | €46,663 | €47,100 | +€437 | +0.9% |
| Cash at bank and in hand | 54/58 | €4,012 | €936 | -€3,076 | -76.7% |
| Total equity and liabilities | 10/49 | €50,675 | €48,036 | -€2,639 | -5.2% |
| Equity | 10/15 | €47,954 | €48,015 | +€61 | +0.1% |
| Contributions | 10/11 | €19,505 | €19,505 | = | 0.0% |
| Reserves | 13 | €1,745 | €1,745 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,745 | €1,745 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,745 | €1,745 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,704 | €26,765 | +€61 | +0.2% |
| Amounts payable | 17/49 | €2,721 | €21 | -€2,700 | -99.2% |
| Amounts payable within one year | 42/48 | €2,721 | €21 | -€2,700 | -99.2% |
| Taxes, remuneration and social security | 45 | €2,721 | €21 | -€2,700 | -99.2% |
| Taxes | 450/3 | €2,721 | €21 | -€2,700 | -99.2% |
| Turnover | 70 | €51,521 | €32,674 | -€18,847 | -36.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €38,050 | €31,773 | -€6,277 | -16.5% |
| Other operating charges | 640/8 | €1,630 | €800 | -€830 | -50.9% |
| Gross operating margin | 9900 | €13,470 | €901 | -€12,569 | -93.3% |
| Operating profit (loss) | 9901 | €11,840 | €101 | -€11,739 | -99.1% |
| Financial charges | 65/66B | €958 | €20 | -€938 | -97.9% |
| Recurring financial charges | 65 | €958 | €20 | -€938 | -97.9% |
| Profit (loss) for the period before taxes | 9903 | €10,882 | €81 | -€10,801 | -99.3% |
| Income taxes | 67/77 | €11,200 | €20 | -€11,180 | -99.8% |
| Profit (loss) for the period | 9904 | -€318 | €61 | +€379 | |
| Profit (loss) for the period to be appropriated | 9905 | -€318 | €61 | +€379 |
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 30 October 2026 via checked.be.