i3-TECHNOLOGIES: 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.
What changed
i3-TECHNOLOGIES
NACE 46.431, Wholesale of electrical household appliances and audio-video equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€7.3m
2024 · -€1.0m-€6.2m
Equity
-€6.2m
2024 · €1.0m-€7.3m
Cash
€6,403
2024 · €233,657-€227,254
Balance sheet total
€28.9m
2024 · €30.6m-€1.7m
Largest movements
Assets
- Financial fixed assets -€2.0m
down €2.0m (-12.8%), from €15.8m to €13.8m
of which Affiliated companies: -€2.3m
- Receivables within one year -€1.9m
down €1.9m (-31.5%), from €5.9m to €4.1m
of which Trade receivables: -€1.6m
- Stocks and contracts +€1.6m
up €1.6m (+36.2%), from €4.6m to €6.2m
- Intangible fixed assets +€956,946
up €956,946 (+31.2%), from €3.1m to €4.0m
Equity and liabilities
- Profit (loss) carried forward -€7.3m
down €7.3m (-9,839%), from -€73,786 to -€7.3m
- Trade debts +€5.0m
up €5.0m (+102%), from €4.8m to €9.8m
- Debts after one year +€1.1m
up €1.1m (+4.9%), from €22.3m to €23.4m
of which Other amounts payable: +€2.0m
Income statement
- Financial charges +€4.7m
up €4.7m (+546%), from €856,389 to €5.5m
of which Non-recurring financial charges: +€4.0m
- Turnover -€4.4m
down €4.4m (-16.3%), from €27.2m to €22.8m
- Financial income +€4.2m
up €4.2m (+1,855%), from €224,467 to €4.4m
- Goods and materials -€626,687
down €626,687 (-3.7%), from €17.0m to €16.4m
of which Change in stocks: decrease (increase): -€3.4m
- Write-downs +€508,435
up €508,435, from -€451,326 to €57,109
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.
Result 2024
-€1.0m
Turnover
-€4.4m
Other operating income
-€101,868
Goods and materials
+€626,687
Services and other goods
-€285,904
Staff costs
+€6,899
Depreciation
-€156,621
Write-downs
-€508,435
Provisions
+€40,000
Other operating charges
-€15,980
Other operating items
-€896,609
Financial income
+€4.2m
Financial charges
-€4.7m
Taxes
-€5,307
Result 2025
-€7.3m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€1.2m
Investment
-€130,988
Financing
+€1.1m
Cash 2024
€233,657
From operations (derived)
-€1.2m
Net result for the year
-€7.3m
Depreciation
+€1.4m
Stocks and contracts
-€1.6m
Receivables within one year
+€1.9m
Deferred charges and accrued income
-€25,693
Provisions
-€30,000
Trade debts
+€5.0m
Tax, wage and social debts
-€7,033
Other debts
-€288,942
Accrued charges and deferred income
-€117,267
Investment (derived)
-€130,988
Investment in fixed assets (net)
-€130,988
Financing
+€1.1m
Debts after one year
+€1.1m
Current portion of long-term debt
-€7,027
Cash 2025
€6,403
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,557,845 | €28,897,818 | -€1.7m | -5.4% |
| Fixed assets | 21/28 | €19,550,199 | €18,304,092 | -€1.2m | -6.4% |
| Intangible fixed assets | 21 | €3,063,212 | €4,020,158 | +€956,946 | +31.2% |
| Tangible fixed assets | 22/27 | €694,830 | €513,624 | -€181,206 | -26.1% |
| Land and buildings | 22 | €71,380 | €68,068 | -€3,312 | -4.6% |
| Plant, machinery and equipment | 23 | €321,551 | €275,258 | -€46,293 | -14.4% |
| Furniture and vehicles | 24 | €63,550 | €33,742 | -€29,808 | -46.9% |
| Other tangible fixed assets | 26 | €235,849 | €136,556 | -€99,293 | -42.1% |
| Assets under construction and advance payments | 27 | €2,500 | - | -€2,500 | |
| Financial fixed assets | 28 | €15,792,158 | €13,770,309 | -€2.0m | -12.8% |
| Affiliated companies | 280/1 | €15,779,249 | €13,516,666 | -€2.3m | -14.3% |
| Participating interests | 280 | €15,779,249 | €13,012,077 | -€2.8m | -17.5% |
| Amounts receivable | 281 | - | €504,589 | +€504,589 | |
| Other financial fixed assets | 284/8 | €12,909 | €253,643 | +€240,734 | +1,865% |
| Amounts receivable and cash guarantees | 285/8 | €12,909 | €253,643 | +€240,734 | +1,865% |
| Current assets | 29/58 | €11,007,646 | €10,593,726 | -€413,920 | -3.8% |
| Stocks and contracts in progress | 3 | €4,558,031 | €6,206,881 | +€1.6m | +36.2% |
| Stocks | 30/36 | €4,558,031 | €6,206,881 | +€1.6m | +36.2% |
| Goods purchased for resale | 34 | €4,558,031 | €6,206,881 | +€1.6m | +36.2% |
| Amounts receivable within one year | 40/41 | €5,916,408 | €4,055,199 | -€1.9m | -31.5% |
| Trade receivables | 40 | €4,398,812 | €2,776,113 | -€1.6m | -36.9% |
| Other amounts receivable | 41 | €1,517,596 | €1,279,086 | -€238,511 | -15.7% |
| Cash at bank and in hand | 54/58 | €233,657 | €6,403 | -€227,254 | -97.3% |
| Deferred charges and accrued income | 490/1 | €299,550 | €325,243 | +€25,693 | +8.6% |
| Total equity and liabilities | 10/49 | €30,557,845 | €28,897,818 | -€1.7m | -5.4% |
| Equity | 10/15 | €1,011,548 | -€6,248,270 | -€7.3m | |
| Contributions | 10/11 | €187,000 | €187,000 | = | 0.0% |
| Capital | 10 | €187,000 | €187,000 | = | 0.0% |
| Issued capital | 100 | €187,000 | €187,000 | = | 0.0% |
| Reserves | 13 | €898,333 | €898,333 | = | 0.0% |
| Non-distributable reserves | 130/1 | €28,934 | €28,934 | = | 0.0% |
| Legal reserve | 130 | €28,934 | €28,934 | = | 0.0% |
| Distributable reserves | 133 | €869,399 | €869,399 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,786 | -€7,333,604 | -€7.3m | -9,839% |
| Provisions and deferred taxes | 16 | €230,000 | €200,000 | -€30,000 | -13.0% |
| Provisions for liabilities and charges | 160/5 | €230,000 | €200,000 | -€30,000 | -13.0% |
| Other liabilities and charges | 164/5 | €230,000 | €200,000 | -€30,000 | -13.0% |
| Amounts payable | 17/49 | €29,316,297 | €34,946,088 | +€5.6m | +19.2% |
| Amounts payable after more than one year | 17 | €22,282,889 | €23,377,982 | +€1.1m | +4.9% |
| Financial debts | 170/4 | €10,940,082 | €10,071,429 | -€868,654 | -7.9% |
| Leasing and similar obligations | 172 | €7,228 | - | -€7,228 | |
| Credit institutions | 173 | €10,932,855 | €10,071,429 | -€861,426 | -7.9% |
| Other amounts payable | 178/9 | €11,342,806 | €13,306,554 | +€2.0m | +17.3% |
| Amounts payable within one year | 42/48 | €6,830,431 | €11,482,396 | +€4.7m | +68.1% |
| Current portion of amounts payable after more than one year | 42 | €875,681 | €868,654 | -€7,027 | -0.8% |
| Trade debts | 44 | €4,837,491 | €9,792,458 | +€5.0m | +102% |
| Suppliers | 440/4 | €4,837,491 | €9,792,458 | +€5.0m | +102% |
| Taxes, remuneration and social security | 45 | €266,796 | €259,763 | -€7,033 | -2.6% |
| Taxes | 450/3 | €14,859 | €16,804 | +€1,945 | +13.1% |
| Remuneration and social security | 454/9 | €251,937 | €242,959 | -€8,978 | -3.6% |
| Other amounts payable | 47/48 | €850,464 | €561,522 | -€288,942 | -34.0% |
| Accrued charges and deferred income | 492/3 | €202,977 | €85,710 | -€117,267 | -57.8% |
| Operating income | 70/76A | €27,965,881 | €23,285,578 | -€4.7m | -16.7% |
| Turnover | 70 | €27,188,379 | €22,752,512 | -€4.4m | -16.3% |
| Own construction capitalised | 72 | €645,000 | €480,000 | -€165,000 | -25.6% |
| Other operating income | 74 | €129,360 | €27,493 | -€101,868 | -78.7% |
| Non-recurring operating income | 76A | €3,142 | €25,574 | +€22,432 | +714% |
| Operating charges | 60/66A | €28,345,533 | €29,392,926 | +€1.0m | +3.7% |
| Goods for resale, raw materials and consumables | 60 | €17,002,756 | €16,376,069 | -€626,687 | -3.7% |
| Purchases | 600/8 | €15,341,215 | €18,102,465 | +€2.8m | +18.0% |
| Change in stocks: decrease (increase) | 609 | €1,661,541 | -€1,726,396 | -€3.4m | |
| Services and other goods | 61 | €7,927,373 | €8,213,276 | +€285,904 | +3.6% |
| Remuneration, social security and pensions | 62 | €2,087,483 | €2,080,583 | -€6,899 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,220,475 | €1,377,096 | +€156,621 | +12.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€451,326 | €57,109 | +€508,435 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €10,000 | -€30,000 | -€40,000 | |
| Other operating charges | 640/8 | €23,263 | €39,243 | +€15,980 | +68.7% |
| Non-recurring operating charges | 66A | €525,509 | €1,279,550 | +€754,040 | +143% |
| Operating profit (loss) | 9901 | -€379,652 | -€6,107,348 | -€5.7m | -1,509% |
| Financial income | 75/76B | €224,467 | €4,389,357 | +€4.2m | +1,855% |
| Recurring financial income | 75 | €224,467 | €4,389,357 | +€4.2m | +1,855% |
| Income from financial fixed assets | 750 | - | €4,000,000 | +€4.0m | |
| Income from current assets | 751 | €22,282 | - | -€22,282 | |
| Other financial income | 752/9 | €202,185 | €389,357 | +€187,172 | +92.6% |
| Financial charges | 65/66B | €856,389 | €5,529,159 | +€4.7m | +546% |
| Recurring financial charges | 65 | €856,389 | €1,529,159 | +€672,769 | +78.6% |
| Debt charges | 650 | €705,665 | €978,072 | +€272,407 | +38.6% |
| Other financial charges | 652/9 | €150,724 | €551,087 | +€400,363 | +266% |
| Non-recurring financial charges | 66B | - | €4,000,000 | +€4.0m | |
| Profit (loss) for the period before taxes | 9903 | -€1,011,574 | -€7,247,149 | -€6.2m | -616% |
| Income taxes | 67/77 | €7,362 | €12,669 | +€5,307 | +72.1% |
| Taxes | 670/3 | €7,362 | €12,669 | +€5,307 | +72.1% |
| Profit (loss) for the period | 9904 | -€1,018,935 | -€7,259,818 | -€6.2m | -612% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,018,935 | -€7,259,818 | -€6.2m | -612% |
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 13 October 2026 via checked.be.