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ITD: 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.

What changed

ITD

BE 0730.608.552
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€3,366
2024 · €10,929-€14,295
Equity
€186,650
2024 · €190,016-€3,366
Cash
€58,332
2024 · €187,559-€129,227
Balance sheet total
€188,255
2024 · €191,621-€3,366

Largest movements

2024 to 2025
Assets
  • Cash -€129,227

    down €129,227 (-68.9%), from €187,559 to €58,332

    mainly Current investments (-€126,539) and Net result for the year (-€3,366)

  • Current investments +€126,539

    new in 2025: €126,539

Equity and liabilities
  • Profit (loss) carried forward -€3,366

    new in 2025: -€3,366

Income statement
  • Gross operating margin -€15,725

    down €15,725, from €14,620 to -€1,106

  • Financial charges +€13,456

    up €13,456 (+25866.1%), from €52 to €13,508

  • Financial income +€10,815

    up €10,815 (+739.4%), from €1,463 to €12,277

  • Taxes -€4,078

    down €4,078 (-93.2%), from €4,376 to €298

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €10,929
Gross operating margin -€15,725
Other operating charges -€7
Financial income +€10,815
Financial charges -€13,456
Taxes +€4,078
Result 2025 -€3,366

Cash bridge derived

cash 2024 to 2025

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.

From operations -€2,688
Investment -€126,539
Financing €0
Cash 2024 €187,559
Net result for the year -€3,366
Receivables within one year +€678
Current investments -€126,539
Cash 2025 €58,332
Every line side by side 26 lines
Line Code 2024 2025 Change %
Total assets 20/58 €191,621 €188,255 -€3,366 -1.8%
Current assets 29/58 €191,621 €188,255 -€3,366 -1.8%
Amounts receivable within one year 40/41 €4,062 €3,385 -€678 -16.7%
Other amounts receivable 41 €4,062 €3,385 -€678 -16.7%
Current investments 50/53 - €126,539 +€126,539
Cash at bank and in hand 54/58 €187,559 €58,332 -€129,227 -68.9%
Total equity and liabilities 10/49 €191,621 €188,255 -€3,366 -1.8%
Equity 10/15 €190,016 €186,650 -€3,366 -1.8%
Contributions 10/11 €6,000 €6,000 = 0.0%
Reserves 13 €184,016 €184,016 = 0.0%
Distributable reserves 133 €184,016 €184,016 = 0.0%
Profit (loss) carried forward 14 - -€3,366 -€3,366
Amounts payable 17/49 €1,605 €1,605 = 0.0%
Amounts payable within one year 42/48 €1,605 €1,605 = 0.0%
Other amounts payable 47/48 €1,605 €1,605 = 0.0%
Other operating charges 640/8 €725 €731 +€7 +0.9%
Gross operating margin 9900 €14,620 -€1,106 -€15,725
Operating profit (loss) 9901 €13,895 -€1,837 -€15,732
Financial income 75/76B €1,463 €12,277 +€10,815 +739.4%
Recurring financial income 75 €1,463 €12,277 +€10,815 +739.4%
Financial charges 65/66B €52 €13,508 +€13,456 +25866.1%
Recurring financial charges 65 €52 €13,508 +€13,456 +25866.1%
Profit (loss) for the period before taxes 9903 €15,305 -€3,067 -€18,373
Income taxes 67/77 €4,376 €298 -€4,078 -93.2%
Profit (loss) for the period 9904 €10,929 -€3,366 -€14,295
Profit (loss) for the period to be appropriated 9905 €10,929 -€3,366 -€14,295

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.