iTalentz: 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.
iTalentz
Largest movements
- Cash +€17,228
up €17,228 (+84.9%), from €20,289 to €37,517
mainly Net result for the year (+€27,728) and Depreciation (+€9,051)
- Receivables within one year +€16,806
up €16,806 (+1,249%), from €1,345 to €18,151
of which Trade receivables: +€17,308
- Tangible fixed assets -€5,407
down €5,407 (-24.6%), from €22,013 to €16,606
of which Furniture and vehicles: -€5,290
- Deferred charges and accrued income -€1,798
down €1,798 (-33.9%), from €5,300 to €3,502
- Reserves +€27,728
up €27,728 (+101%), from €27,372 to €55,100
- Current portion of long-term debt -€4,825
down €4,825 (-100%), from €4,825 to €0
- Tax, wage and social debts +€3,039
up €3,039 (+229%), from €1,329 to €4,368
- Trade debts +€2,302
up €2,302 (+37.2%), from €6,182 to €8,484
- Other debts -€1,601
down €1,601 (-38.1%), from €4,205 to €2,603
- Gross operating margin +€26,340
up €26,340 (+123%), from €21,468 to €47,808
- Taxes +€5,199
up €5,199 (+120%), from €4,329 to €9,528
- Depreciation +€515
up €515 (+6.0%), from €8,536 to €9,051
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 | €48,947 | €75,775 | +€26,829 | +54.8% |
| Fixed assets | 21/28 | €22,013 | €16,606 | -€5,407 | -24.6% |
| Tangible fixed assets | 22/27 | €22,013 | €16,606 | -€5,407 | -24.6% |
| Plant, machinery and equipment | 23 | €1,021 | €904 | -€116 | -11.4% |
| Furniture and vehicles | 24 | €20,992 | €15,702 | -€5,290 | -25.2% |
| Current assets | 29/58 | €26,934 | €59,169 | +€32,235 | +120% |
| Amounts receivable within one year | 40/41 | €1,345 | €18,151 | +€16,806 | +1,249% |
| Trade receivables | 40 | - | €17,308 | +€17,308 | |
| Other amounts receivable | 41 | €1,345 | €843 | -€502 | -37.3% |
| Cash at bank and in hand | 54/58 | €20,289 | €37,517 | +€17,228 | +84.9% |
| Deferred charges and accrued income | 490/1 | €5,300 | €3,502 | -€1,798 | -33.9% |
| Total equity and liabilities | 10/49 | €48,947 | €75,775 | +€26,829 | +54.8% |
| Equity | 10/15 | €32,372 | €60,100 | +€27,728 | +85.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €27,372 | €55,100 | +€27,728 | +101% |
| Distributable reserves | 133 | €27,372 | €55,100 | +€27,728 | +101% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €16,575 | €15,676 | -€900 | -5.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €16,575 | €15,516 | -€1,060 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €4,825 | €0 | -€4,825 | -100% |
| Financial debts | 43 | €35 | €60 | +€25 | +72.6% |
| Credit institutions | 430/8 | €35 | €60 | +€25 | +72.6% |
| Trade debts | 44 | €6,182 | €8,484 | +€2,302 | +37.2% |
| Suppliers | 440/4 | €6,182 | €8,484 | +€2,302 | +37.2% |
| Taxes, remuneration and social security | 45 | €1,329 | €4,368 | +€3,039 | +229% |
| Taxes | 450/3 | €1,329 | €4,368 | +€3,039 | +229% |
| Other amounts payable | 47/48 | €4,205 | €2,603 | -€1,601 | -38.1% |
| Accrued charges and deferred income | 492/3 | - | €160 | +€160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,536 | €9,051 | +€515 | +6.0% |
| Other operating charges | 640/8 | €1,336 | €1,320 | -€16 | -1.2% |
| Gross operating margin | 9900 | €21,468 | €47,808 | +€26,340 | +123% |
| Operating profit (loss) | 9901 | €11,596 | €37,437 | +€25,841 | +223% |
| Financial income | 75/76B | €10 | €18 | +€8 | +81.5% |
| Recurring financial income | 75 | €10 | €18 | +€8 | +81.5% |
| Financial charges | 65/66B | €314 | €199 | -€116 | -36.8% |
| Recurring financial charges | 65 | €314 | €199 | -€116 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | €11,291 | €37,256 | +€25,965 | +230% |
| Income taxes | 67/77 | €4,329 | €9,528 | +€5,199 | +120% |
| Profit (loss) for the period | 9904 | €6,962 | €27,728 | +€20,766 | +298% |
| Profit (loss) for the period to be appropriated | 9905 | €6,962 | €27,728 | +€20,766 | +298% |
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 15 October 2026 via checked.be.