iTDC: 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.
iTDC
Largest movements
- Cash -€40,808
down €40,808 (-24.2%), from €168,516 to €127,708
mainly Investment in fixed assets (net) (-€49,779) and Contributions, distributions and other (-€23,000)
- Tangible fixed assets +€38,216
up €38,216 (+32.2%), from €118,609 to €156,825
of which Furniture and vehicles: +€42,660
- Other debts +€25,162
up €25,162 (+20.9%), from €120,109 to €145,271
- Reserves -€19,506
down €19,506 (-13.8%), from €141,263 to €121,757
of which Distributable reserves: -€19,506
- Trade debts -€4,259
down €4,259 (-37.3%), from €11,419 to €7,161
- Depreciation +€6,063
up €6,063 (+110%), from €5,500 to €11,562
- Taxes -€2,730
down €2,730 (-53.0%), from €5,148 to €2,417
- Gross operating margin -€1,424
down €1,424 (-4.9%), from €28,947 to €27,523
- Financial charges +€921
up €921 (+11.1%), from €8,317 to €9,238
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 | €298,896 | €298,258 | -€638 | -0.2% |
| Fixed assets | 21/28 | €118,609 | €156,825 | +€38,216 | +32.2% |
| Tangible fixed assets | 22/27 | €118,609 | €156,825 | +€38,216 | +32.2% |
| Land and buildings | 22 | €113,591 | €112,079 | -€1,512 | -1.3% |
| Plant, machinery and equipment | 23 | €5,018 | €2,087 | -€2,931 | -58.4% |
| Furniture and vehicles | 24 | - | €42,660 | +€42,660 | |
| Current assets | 29/58 | €180,287 | €141,433 | -€38,854 | -21.6% |
| Amounts receivable within one year | 40/41 | €11,771 | €12,510 | +€739 | +6.3% |
| Trade receivables | 40 | €11,738 | €9,824 | -€1,915 | -16.3% |
| Other amounts receivable | 41 | €33 | €2,686 | +€2,654 | +8,123% |
| Cash at bank and in hand | 54/58 | €168,516 | €127,708 | -€40,808 | -24.2% |
| Deferred charges and accrued income | 490/1 | - | €1,214 | +€1,214 | |
| Total equity and liabilities | 10/49 | €298,896 | €298,258 | -€638 | -0.2% |
| Equity | 10/15 | €159,913 | €140,407 | -€19,506 | -12.2% |
| Contributions | 10/11 | €18,650 | €18,650 | = | 0.0% |
| Reserves | 13 | €141,263 | €121,757 | -€19,506 | -13.8% |
| Tax-exempt reserves | 132 | €11,840 | €11,840 | = | 0.0% |
| Distributable reserves | 133 | €129,422 | €109,917 | -€19,506 | -15.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €138,983 | €157,851 | +€18,868 | +13.6% |
| Amounts payable within one year | 42/48 | €138,983 | €157,851 | +€18,868 | +13.6% |
| Financial debts | 43 | - | €399 | +€399 | |
| Other loans | 439 | - | €399 | +€399 | |
| Trade debts | 44 | €11,419 | €7,161 | -€4,259 | -37.3% |
| Suppliers | 440/4 | €11,419 | €7,161 | -€4,259 | -37.3% |
| Taxes, remuneration and social security | 45 | €7,455 | €5,020 | -€2,435 | -32.7% |
| Taxes | 450/3 | €7,455 | €5,020 | -€2,435 | -32.7% |
| Other amounts payable | 47/48 | €120,109 | €145,271 | +€25,162 | +20.9% |
| Non-recurring operating income | 76A | - | €1,250 | +€1,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,500 | €11,562 | +€6,063 | +110% |
| Other operating charges | 640/8 | €1,621 | €1,415 | -€206 | -12.7% |
| Gross operating margin | 9900 | €28,947 | €27,523 | -€1,424 | -4.9% |
| Operating profit (loss) | 9901 | €21,826 | €14,546 | -€7,281 | -33.4% |
| Financial income | 75/76B | €601 | €604 | +€2 | +0.4% |
| Recurring financial income | 75 | €601 | €604 | +€2 | +0.4% |
| Financial charges | 65/66B | €8,317 | €9,238 | +€921 | +11.1% |
| Recurring financial charges | 65 | €8,317 | €9,238 | +€921 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €14,111 | €5,912 | -€8,199 | -58.1% |
| Income taxes | 67/77 | €5,148 | €2,417 | -€2,730 | -53.0% |
| Profit (loss) for the period | 9904 | €8,963 | €3,494 | -€5,469 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,963 | €3,494 | -€5,469 | -61.0% |
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 13 October 2026 via checked.be.