ITAKA MEDIA: 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.
ITAKA MEDIA
Largest movements
- Cash +€8,447
up €8,447 (+47.8%), from €17,654 to €26,101
mainly Net result for the year (+€6,631) and Depreciation (+€6,153)
- Receivables within one year -€5,387
down €5,387 (-42.4%), from €12,694 to €7,307
- Tangible fixed assets -€4,145
down €4,145 (-18.7%), from €22,112 to €17,967
- Reserves +€6,600
up €6,600 (+25.4%), from €26,000 to €32,600
- Tax, wage and social debts -€6,588
down €6,588 (-39.3%), from €16,765 to €10,177
of which Taxes: -€6,908
- Trade debts -€1,119
down €1,119 (-29.6%), from €3,776 to €2,657
- Gross operating margin -€26,113
down €26,113 (-61.3%), from €42,576 to €16,464
- Taxes -€9,746
down €9,746 (-75.4%), from €12,922 to €3,176
- Depreciation +€3,683
up €3,683 (+149%), from €2,470 to €6,153
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 | €52,460 | €51,693 | -€767 | -1.5% |
| Fixed assets | 21/28 | €22,112 | €17,967 | -€4,145 | -18.7% |
| Tangible fixed assets | 22/27 | €22,112 | €17,967 | -€4,145 | -18.7% |
| Furniture and vehicles | 24 | €22,112 | €17,967 | -€4,145 | -18.7% |
| Current assets | 29/58 | €30,348 | €33,726 | +€3,378 | +11.1% |
| Amounts receivable within one year | 40/41 | €12,694 | €7,307 | -€5,387 | -42.4% |
| Trade receivables | 40 | €12,694 | €7,307 | -€5,387 | -42.4% |
| Cash at bank and in hand | 54/58 | €17,654 | €26,101 | +€8,447 | +47.8% |
| Deferred charges and accrued income | 490/1 | - | €318 | +€318 | |
| Total equity and liabilities | 10/49 | €52,460 | €51,693 | -€767 | -1.5% |
| Equity | 10/15 | €31,747 | €38,378 | +€6,631 | +20.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €26,000 | €32,600 | +€6,600 | +25.4% |
| Distributable reserves | 133 | €26,000 | €32,600 | +€6,600 | +25.4% |
| Profit (loss) carried forward | 14 | €747 | €778 | +€31 | +4.2% |
| Amounts payable | 17/49 | €20,713 | €13,315 | -€7,398 | -35.7% |
| Amounts payable within one year | 42/48 | €20,713 | €13,315 | -€7,398 | -35.7% |
| Trade debts | 44 | €3,776 | €2,657 | -€1,119 | -29.6% |
| Suppliers | 440/4 | €3,776 | €2,657 | -€1,119 | -29.6% |
| Taxes, remuneration and social security | 45 | €16,765 | €10,177 | -€6,588 | -39.3% |
| Taxes | 450/3 | €14,765 | €7,857 | -€6,908 | -46.8% |
| Remuneration and social security | 454/9 | €2,000 | €2,320 | +€320 | +16.0% |
| Other amounts payable | 47/48 | €173 | €481 | +€308 | +178% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,470 | €6,153 | +€3,683 | +149% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €42,576 | €16,464 | -€26,113 | -61.3% |
| Operating profit (loss) | 9901 | €39,722 | €9,924 | -€29,799 | -75.0% |
| Financial income | 75/76B | €0 | €1 | +€0 | +129% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +129% |
| Financial charges | 65/66B | €54 | €117 | +€64 | +119% |
| Recurring financial charges | 65 | €54 | €117 | +€64 | +119% |
| Profit (loss) for the period before taxes | 9903 | €39,669 | €9,807 | -€29,862 | -75.3% |
| Income taxes | 67/77 | €12,922 | €3,176 | -€9,746 | -75.4% |
| Profit (loss) for the period | 9904 | €26,747 | €6,631 | -€20,116 | -75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,747 | €6,631 | -€20,116 | -75.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.