ITC 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.
ITC MEDIA
Largest movements
- Cash -€30,917
down €30,917 (-99.7%), from €31,010 to €93
mainly Other debts (-€27,071) and Net result for the year (-€10,965)
- Receivables within one year -€13,392
down €13,392 (-89.1%), from €15,028 to €1,635
of which Trade receivables: -€14,972
- Tangible fixed assets -€974
down €974 (-22.5%), from €4,331 to €3,358
of which Plant, machinery and equipment: -€747
- Other debts -€27,071
down €27,071 (-74.3%), from €36,450 to €9,379
- Profit (loss) carried forward -€10,965
down €10,965, from €3,058 to -€7,907
- Tax, wage and social debts -€5,688
down €5,688 (-78.0%), from €7,291 to €1,604
of which Remuneration and social security: -€4,360
- Trade debts -€1,559
down €1,559 (-99.3%), from €1,570 to €10
- Gross operating margin -€16,331
down €16,331, from €11,775 to -€4,556
- Taxes -€1,563
no longer reported in 2024 (was €1,563)
- Other operating charges +€1,111
up €1,111 (+26.6%), from €4,184 to €5,295
- Depreciation -€820
down €820 (-45.7%), from €1,793 to €974
- Financial charges -€611
down €611 (-85.1%), from €718 to €107
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,369 | €5,086 | -€45,283 | -89.9% |
| Fixed assets | 21/28 | €4,331 | €3,358 | -€974 | -22.5% |
| Tangible fixed assets | 22/27 | €4,331 | €3,358 | -€974 | -22.5% |
| Plant, machinery and equipment | 23 | €2,304 | €1,557 | -€747 | -32.4% |
| Furniture and vehicles | 24 | €2,028 | €1,801 | -€227 | -11.2% |
| Current assets | 29/58 | €46,037 | €1,728 | -€44,309 | -96.2% |
| Amounts receivable within one year | 40/41 | €15,028 | €1,635 | -€13,392 | -89.1% |
| Trade receivables | 40 | €15,028 | €56 | -€14,972 | -99.6% |
| Other amounts receivable | 41 | - | €1,580 | +€1,580 | |
| Cash at bank and in hand | 54/58 | €31,010 | €93 | -€30,917 | -99.7% |
| Total equity and liabilities | 10/49 | €50,369 | €5,086 | -€45,283 | -89.9% |
| Equity | 10/15 | €5,058 | -€5,907 | -€10,965 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,058 | -€7,907 | -€10,965 | |
| Amounts payable | 17/49 | €45,311 | €10,993 | -€34,318 | -75.7% |
| Amounts payable within one year | 42/48 | €45,311 | €10,993 | -€34,318 | -75.7% |
| Trade debts | 44 | €1,570 | €10 | -€1,559 | -99.3% |
| Suppliers | 440/4 | €1,570 | €10 | -€1,559 | -99.3% |
| Taxes, remuneration and social security | 45 | €7,291 | €1,604 | -€5,688 | -78.0% |
| Taxes | 450/3 | €2,891 | €1,563 | -€1,328 | -45.9% |
| Remuneration and social security | 454/9 | €4,400 | €40 | -€4,360 | -99.1% |
| Other amounts payable | 47/48 | €36,450 | €9,379 | -€27,071 | -74.3% |
| Non-recurring operating income | 76A | €6,750 | - | -€6,750 | |
| Remuneration, social security and pensions | 62 | €88 | €33 | -€56 | -63.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,793 | €974 | -€820 | -45.7% |
| Other operating charges | 640/8 | €4,184 | €5,295 | +€1,111 | +26.6% |
| Gross operating margin | 9900 | €11,775 | -€4,556 | -€16,331 | |
| Operating profit (loss) | 9901 | €5,709 | -€10,858 | -€16,567 | |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €718 | €107 | -€611 | -85.1% |
| Recurring financial charges | 65 | €718 | €107 | -€611 | -85.1% |
| Profit (loss) for the period before taxes | 9903 | €5,002 | -€10,965 | -€15,967 | |
| Income taxes | 67/77 | €1,563 | - | -€1,563 | |
| Profit (loss) for the period | 9904 | €3,438 | -€10,965 | -€14,403 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,438 | -€10,965 | -€14,403 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.