ITAYS: what changed
Two fiscal 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.
ITAYS
Largest movements
- Cash -€21,186
down €21,186 (-34.0%), from €62,265 to €41,079
mainly Contributions, distributions and other (-€35,407) and Other debts (-€13,510)
- Receivables within one year +€10,970
up €10,970 (+96.4%), from €11,375 to €22,345
of which Other amounts receivable: +€9,368
- Tangible fixed assets -€2,019
down €2,019 (-41.6%), from €4,852 to €2,833
- Other debts -€13,510
down €13,510 (-27.6%), from €48,917 to €35,407
- Tax, wage and social debts +€1,368
up €1,368 (+12.7%), from €10,734 to €12,102
- Gross operating margin -€15,030
down €15,030 (-23.4%), from €64,306 to €49,276
- Taxes -€3,165
down €3,165 (-23.4%), from €13,522 to €10,356
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.
Cash bridge derived
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 | €82,602 | €69,915 | -€12,687 | -15.4% |
| Fixed assets | 21/28 | €6,852 | €4,833 | -€2,019 | -29.5% |
| Tangible fixed assets | 22/27 | €4,852 | €2,833 | -€2,019 | -41.6% |
| Furniture and vehicles | 24 | €4,852 | €2,833 | -€2,019 | -41.6% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €75,749 | €65,081 | -€10,668 | -14.1% |
| Amounts receivable within one year | 40/41 | €11,375 | €22,345 | +€10,970 | +96.4% |
| Trade receivables | 40 | €11,375 | €12,977 | +€1,602 | +14.1% |
| Other amounts receivable | 41 | €0 | €9,368 | +€9,368 | |
| Current investments | 50/53 | €1,416 | €958 | -€458 | -32.3% |
| Cash at bank and in hand | 54/58 | €62,265 | €41,079 | -€21,186 | -34.0% |
| Deferred charges and accrued income | 490/1 | €693 | €699 | +€6 | +0.8% |
| Total equity and liabilities | 10/49 | €82,602 | €69,915 | -€12,687 | -15.4% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €62,142 | €49,455 | -€12,687 | -20.4% |
| Amounts payable within one year | 42/48 | €62,117 | €49,419 | -€12,699 | -20.4% |
| Trade debts | 44 | €2,467 | €1,910 | -€557 | -22.6% |
| Suppliers | 440/4 | €2,467 | €1,910 | -€557 | -22.6% |
| Taxes, remuneration and social security | 45 | €10,734 | €12,102 | +€1,368 | +12.7% |
| Taxes | 450/3 | €10,734 | €12,102 | +€1,368 | +12.7% |
| Other amounts payable | 47/48 | €48,917 | €35,407 | -€13,510 | -27.6% |
| Accrued charges and deferred income | 492/3 | €24 | €36 | +€12 | +49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,511 | €2,019 | +€508 | +33.6% |
| Other operating charges | 640/8 | €657 | €674 | +€17 | +2.5% |
| Gross operating margin | 9900 | €64,306 | €49,276 | -€15,030 | -23.4% |
| Operating profit (loss) | 9901 | €62,138 | €46,584 | -€15,554 | -25.0% |
| Financial income | 75/76B | €65 | €277 | +€213 | +329.5% |
| Recurring financial income | 75 | €65 | €277 | +€213 | +329.5% |
| Financial charges | 65/66B | €830 | €1,097 | +€268 | +32.3% |
| Recurring financial charges | 65 | €830 | €1,097 | +€268 | +32.3% |
| Profit (loss) for the period before taxes | 9903 | €61,373 | €45,763 | -€15,610 | -25.4% |
| Income taxes | 67/77 | €13,522 | €10,356 | -€3,165 | -23.4% |
| Profit (loss) for the period | 9904 | €47,851 | €35,407 | -€12,444 | -26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,851 | €35,407 | -€12,444 | -26.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.