ITC MULTIMEDIA: 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 MULTIMEDIA
Largest movements
- Tangible fixed assets -€22,531
down €22,531 (-6.5%), from €345,379 to €322,848
of which Land and buildings: -€12,986
- Debts after one year -€23,136
down €23,136 (-14.1%), from €164,113 to €140,977
of which Financial debts: -€18,041
- Trade debts -€14,525
down €14,525 (-33.0%), from €44,002 to €29,477
- Current portion of long-term debt -€12,854
down €12,854 (-16.2%), from €79,541 to €66,687
- Reserves +€11,500
up €11,500 (+619%), from €1,859 to €13,359
of which Distributable reserves: +€11,500
- Tax, wage and social debts +€8,670
up €8,670 (+1,428%), from €607 to €9,277
of which Remuneration and social security: +€6,310
- Gross operating margin -€16,316
down €16,316 (-25.8%), from €63,204 to €46,888
- Other operating charges -€8,963
down €8,963 (-93.3%), from €9,605 to €642
- Financial charges -€7,804
down €7,804 (-47.5%), from €16,424 to €8,620
- Taxes +€3,461
up €3,461 (+5,069%), from €68 to €3,529
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 | €576,480 | €551,548 | -€24,933 | -4.3% |
| Fixed assets | 21/28 | €345,429 | €322,898 | -€22,531 | -6.5% |
| Tangible fixed assets | 22/27 | €345,379 | €322,848 | -€22,531 | -6.5% |
| Land and buildings | 22 | €229,608 | €216,622 | -€12,986 | -5.7% |
| Plant, machinery and equipment | 23 | €105,552 | €96,129 | -€9,423 | -8.9% |
| Furniture and vehicles | 24 | €354 | €233 | -€121 | -34.3% |
| Assets under construction and advance payments | 27 | €9,865 | €9,865 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €231,052 | €228,650 | -€2,402 | -1.0% |
| Stocks and contracts in progress | 3 | €226,743 | €224,587 | -€2,155 | -1.0% |
| Stocks | 30/36 | €226,743 | €224,587 | -€2,155 | -1.0% |
| Amounts receivable within one year | 40/41 | €368 | €170 | -€198 | -53.8% |
| Trade receivables | 40 | €0 | €170 | +€170 | |
| Other amounts receivable | 41 | €368 | €0 | -€368 | -100% |
| Cash at bank and in hand | 54/58 | €3,941 | €3,884 | -€58 | -1.5% |
| Deferred charges and accrued income | 490/1 | - | €9 | +€9 | |
| Total equity and liabilities | 10/49 | €576,480 | €551,548 | -€24,933 | -4.3% |
| Equity | 10/15 | €79,555 | €89,239 | +€9,684 | +12.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €13,359 | +€11,500 | +619% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | - | €11,500 | +€11,500 | |
| Profit (loss) carried forward | 14 | €20,037 | €20,179 | +€142 | +0.7% |
| Investment grants | 15 | €39,066 | €37,109 | -€1,958 | -5.0% |
| Provisions and deferred taxes | 16 | €120,000 | €120,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €120,000 | €120,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €120,000 | €120,000 | = | 0.0% |
| Amounts payable | 17/49 | €376,925 | €342,309 | -€34,617 | -9.2% |
| Amounts payable after more than one year | 17 | €164,113 | €140,977 | -€23,136 | -14.1% |
| Financial debts | 170/4 | €26,074 | €8,032 | -€18,041 | -69.2% |
| Other amounts payable | 178/9 | €138,039 | €132,944 | -€5,095 | -3.7% |
| Amounts payable within one year | 42/48 | €212,812 | €201,332 | -€11,480 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €79,541 | €66,687 | -€12,854 | -16.2% |
| Financial debts | 43 | €75,000 | €75,000 | = | 0.0% |
| Credit institutions | 430/8 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 44 | €44,002 | €29,477 | -€14,525 | -33.0% |
| Suppliers | 440/4 | €44,002 | €29,477 | -€14,525 | -33.0% |
| Advances received on contracts in progress | 46 | €8,281 | €8,281 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €607 | €9,277 | +€8,670 | +1,428% |
| Taxes | 450/3 | €0 | €2,360 | +€2,360 | |
| Remuneration and social security | 454/9 | €607 | €6,917 | +€6,310 | +1,040% |
| Other amounts payable | 47/48 | €5,381 | €12,609 | +€7,228 | +134% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €1,035 | - | -€1,035 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,731 | €22,531 | -€200 | -0.9% |
| Other operating charges | 640/8 | €9,605 | €642 | -€8,963 | -93.3% |
| Non-recurring operating charges | 66A | €75 | - | -€75 | |
| Gross operating margin | 9900 | €63,204 | €46,888 | -€16,316 | -25.8% |
| Operating profit (loss) | 9901 | €30,793 | €23,715 | -€7,078 | -23.0% |
| Financial income | 75/76B | €1 | €76 | +€74 | +6,196% |
| Recurring financial income | 75 | €1 | €76 | +€74 | +6,196% |
| Financial charges | 65/66B | €16,424 | €8,620 | -€7,804 | -47.5% |
| Recurring financial charges | 65 | €16,424 | €8,620 | -€7,804 | -47.5% |
| Profit (loss) for the period before taxes | 9903 | €14,370 | €15,171 | +€801 | +5.6% |
| Income taxes | 67/77 | €68 | €3,529 | +€3,461 | +5,069% |
| Profit (loss) for the period | 9904 | €14,302 | €11,642 | -€2,660 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,302 | €11,642 | -€2,660 | -18.6% |
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 14 October 2026 via checked.be.