INTERNATIONAL TOOLS SERVICE: what changed
What changed
INTERNATIONAL TOOLS SERVICE
NACE 46.620, Wholesale of machine tools
filed annual accounts (NBB)
Net result for the year
-€268,186
2024 · -€599,075+€330,889
Equity
€1.2m
2024 · €1.5m-€268,186
Cash
€8,492
2024 · €24,385-€15,893
Balance sheet total
€2.4m
2024 · €2.6m-€205,200
Largest movements
Assets
- Receivables within one year -€89,662
down €89,662 (-18.5%), from €484,347 to €394,685
of which Trade receivables: -€92,883
- Tangible fixed assets -€83,315
down €83,315 (-25.1%), from €331,332 to €248,017
of which Furniture and vehicles: -€49,712
Equity and liabilities
- Profit (loss) carried forward -€268,186
down €268,186 (-20.3%), from €1.3m to €1.1m
- Other debts +€100,614
new in 2025: €100,614
- Debts after one year -€66,975
down €66,975 (-26.6%), from €252,092 to €185,116
- Short-term financial debts +€37,277
new in 2025: €37,277
of which Other loans: +€20,000
Income statement
- Gross operating margin +€233,322
up €233,322 (+55.0%), from €423,962 to €657,284
- Taxes -€102,301
no longer reported in 2025 (was €102,301)
- Staff costs -€64,050
down €64,050 (-7.6%), from €845,245 to €781,195
- Depreciation +€45,893
up €45,893 (+99.9%), from €45,931 to €91,824
- Financial income -€13,264
down €13,264 (-37.9%), from €34,968 to €21,704
of which Non-recurring financial income: -€6,667
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€599,075
Gross operating margin
+€233,322
Staff costs
+€64,050
Depreciation
-€45,893
Other operating charges
-€1,515
Financial income
-€13,264
Financial charges
-€8,112
Taxes
+€102,301
Result 2025
-€268,186
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€6,196
Investment
+€2,170
Financing
-€24,259
Cash 2024
€24,385
From operations (derived)
+€6,196
Net result for the year
-€268,186
Depreciation
+€91,824
Stocks and contracts
+€5,652
Receivables within one year
+€89,662
Trade debts
+€8,816
Tax, wage and social debts
-€22,186
Other debts
+€100,614
Investment (derived)
+€2,170
Investment in fixed assets (net)
+€2,170
Financing
-€24,259
Debts after one year
-€66,975
Current portion of long-term debt
+€5,440
Short-term financial debts
+€37,277
Cash 2025
€8,492
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,598,799 | €2,393,599 | -€205,200 | -7.9% |
| Fixed assets | 21/28 | €369,930 | €275,936 | -€93,994 | -25.4% |
| Intangible fixed assets | 21 | €37,599 | €26,920 | -€10,679 | -28.4% |
| Tangible fixed assets | 22/27 | €331,332 | €248,017 | -€83,315 | -25.1% |
| Land and buildings | 22 | €1,868 | - | -€1,868 | |
| Plant, machinery and equipment | 23 | €8,680 | €5,867 | -€2,812 | -32.4% |
| Furniture and vehicles | 24 | €153,319 | €103,607 | -€49,712 | -32.4% |
| Leasing and similar rights | 25 | €167,465 | €138,543 | -€28,923 | -17.3% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €2,228,869 | €2,117,663 | -€111,207 | -5.0% |
| Stocks and contracts in progress | 3 | €1,720,137 | €1,714,485 | -€5,652 | -0.3% |
| Stocks | 30/36 | €1,720,137 | €1,714,485 | -€5,652 | -0.3% |
| Amounts receivable within one year | 40/41 | €484,347 | €394,685 | -€89,662 | -18.5% |
| Trade receivables | 40 | €414,325 | €321,442 | -€92,883 | -22.4% |
| Other amounts receivable | 41 | €70,022 | €73,243 | +€3,221 | +4.6% |
| Cash at bank and in hand | 54/58 | €24,385 | €8,492 | -€15,893 | -65.2% |
| Total equity and liabilities | 10/49 | €2,598,799 | €2,393,599 | -€205,200 | -7.9% |
| Equity | 10/15 | €1,511,126 | €1,242,940 | -€268,186 | -17.7% |
| Contributions | 10/11 | €174,000 | €174,000 | = | 0.0% |
| Capital | 10 | €174,000 | €174,000 | = | 0.0% |
| Issued capital | 100 | €174,000 | €174,000 | = | 0.0% |
| Reserves | 13 | €17,400 | €17,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,400 | €17,400 | = | 0.0% |
| Legal reserve | 130 | €17,400 | €17,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,319,726 | €1,051,540 | -€268,186 | -20.3% |
| Amounts payable | 17/49 | €1,087,674 | €1,150,659 | +€62,985 | +5.8% |
| Amounts payable after more than one year | 17 | €252,092 | €185,116 | -€66,975 | -26.6% |
| Financial debts | 170/4 | €252,092 | €185,116 | -€66,975 | -26.6% |
| Amounts payable within one year | 42/48 | €835,582 | €965,543 | +€129,961 | +15.6% |
| Current portion of amounts payable after more than one year | 42 | €166,497 | €171,937 | +€5,440 | +3.3% |
| Financial debts | 43 | - | €37,277 | +€37,277 | |
| Credit institutions | 430/8 | - | €17,277 | +€17,277 | |
| Other loans | 439 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €615,861 | €624,678 | +€8,816 | +1.4% |
| Suppliers | 440/4 | €615,861 | €624,678 | +€8,816 | +1.4% |
| Taxes, remuneration and social security | 45 | €53,223 | €31,037 | -€22,186 | -41.7% |
| Taxes | 450/3 | €53,223 | €31,037 | -€22,186 | -41.7% |
| Other amounts payable | 47/48 | - | €100,614 | +€100,614 | |
| Non-recurring operating income | 76A | - | €28,702 | +€28,702 | |
| Remuneration, social security and pensions | 62 | €845,245 | €781,195 | -€64,050 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,931 | €91,824 | +€45,893 | +99.9% |
| Other operating charges | 640/8 | €34,688 | €36,203 | +€1,515 | +4.4% |
| Gross operating margin | 9900 | €423,962 | €657,284 | +€233,322 | +55.0% |
| Operating profit (loss) | 9901 | -€501,902 | -€251,937 | +€249,965 | +49.8% |
| Financial income | 75/76B | €34,968 | €21,704 | -€13,264 | -37.9% |
| Recurring financial income | 75 | €26,003 | €19,407 | -€6,597 | -25.4% |
| Non-recurring financial income | 76B | €8,965 | €2,297 | -€6,667 | -74.4% |
| Financial charges | 65/66B | €29,841 | €37,953 | +€8,112 | +27.2% |
| Recurring financial charges | 65 | €29,841 | €37,953 | +€8,112 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | -€496,775 | -€268,186 | +€228,589 | +46.0% |
| Income taxes | 67/77 | €102,301 | - | -€102,301 | |
| Profit (loss) for the period | 9904 | -€599,075 | -€268,186 | +€330,889 | +55.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€599,075 | -€268,186 | +€330,889 | +55.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.