iTALENTS: 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.
iTALENTS
Largest movements
- Cash +€41,763
up €41,763 (+68.3%), from €61,136 to €102,899
mainly Net result for the year (+€71,301) and Tax, wage and social debts (+€7,195)
- Receivables within one year +€13,538
up €13,538 (+99.5%), from €13,613 to €27,151
of which Trade receivables: +€8,500
- Deferred charges and accrued income +€5,522
new in 2025: €5,522
- Reserves +€71,301
new in 2025: €71,301
- Profit (loss) carried forward -€21,952
no longer reported in 2025 (was €21,952)
- Tax, wage and social debts +€7,195
up €7,195 (+315%), from €2,285 to €9,480
- Trade debts +€3,909
up €3,909 (+219%), from €1,785 to €5,694
- Other debts -€3,654
down €3,654 (-8.1%), from €45,105 to €41,451
- Gross operating margin +€97,137
up €97,137 (+2,046%), from €4,748 to €101,885
- Taxes +€24,893
up €24,893 (+1,183%), from €2,104 to €26,997
- Financial charges +€2,192
up €2,192 (+2,706%), from €81 to €2,273
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 | €77,327 | €137,030 | +€59,703 | +77.2% |
| Fixed assets | 21/28 | €2,578 | €1,457 | -€1,121 | -43.5% |
| Tangible fixed assets | 22/27 | €2,188 | €1,457 | -€731 | -33.4% |
| Plant, machinery and equipment | 23 | €2,188 | €1,457 | -€731 | -33.4% |
| Financial fixed assets | 28 | €390 | - | -€390 | |
| Current assets | 29/58 | €74,749 | €135,573 | +€60,824 | +81.4% |
| Amounts receivable within one year | 40/41 | €13,613 | €27,151 | +€13,538 | +99.5% |
| Trade receivables | 40 | €13,613 | €22,113 | +€8,500 | +62.4% |
| Other amounts receivable | 41 | - | €5,039 | +€5,039 | |
| Cash at bank and in hand | 54/58 | €61,136 | €102,899 | +€41,763 | +68.3% |
| Deferred charges and accrued income | 490/1 | - | €5,522 | +€5,522 | |
| Total equity and liabilities | 10/49 | €77,327 | €137,030 | +€59,703 | +77.2% |
| Equity | 10/15 | €28,152 | €77,501 | +€49,349 | +175% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | - | €71,301 | +€71,301 | |
| Distributable reserves | 133 | - | €71,301 | +€71,301 | |
| Profit (loss) carried forward | 14 | €21,952 | - | -€21,952 | |
| Amounts payable | 17/49 | €49,175 | €59,528 | +€10,353 | +21.1% |
| Amounts payable within one year | 42/48 | €49,175 | €57,535 | +€8,360 | +17.0% |
| Financial debts | 43 | - | €909 | +€909 | |
| Credit institutions | 430/8 | - | €909 | +€909 | |
| Trade debts | 44 | €1,785 | €5,694 | +€3,909 | +219% |
| Suppliers | 440/4 | €1,785 | €5,694 | +€3,909 | +219% |
| Taxes, remuneration and social security | 45 | €2,285 | €9,480 | +€7,195 | +315% |
| Taxes | 450/3 | €2,285 | €9,480 | +€7,195 | +315% |
| Other amounts payable | 47/48 | €45,105 | €41,451 | -€3,654 | -8.1% |
| Accrued charges and deferred income | 492/3 | - | €1,993 | +€1,993 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €731 | +€731 | |
| Other operating charges | 640/8 | - | €583 | +€583 | |
| Gross operating margin | 9900 | €4,748 | €101,885 | +€97,137 | +2,046% |
| Operating profit (loss) | 9901 | €4,748 | €100,571 | +€95,823 | +2,018% |
| Financial charges | 65/66B | €81 | €2,273 | +€2,192 | +2,706% |
| Recurring financial charges | 65 | €81 | €2,273 | +€2,192 | +2,706% |
| Profit (loss) for the period before taxes | 9903 | €4,667 | €98,298 | +€93,631 | +2,006% |
| Income taxes | 67/77 | €2,104 | €26,997 | +€24,893 | +1,183% |
| Profit (loss) for the period | 9904 | €2,563 | €71,301 | +€68,738 | +2,682% |
| Profit (loss) for the period to be appropriated | 9905 | €2,563 | €71,301 | +€68,738 | +2,682% |
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 29 October 2026 via checked.be.