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ITE INTERNATIONAL: 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.

What changed

ITE INTERNATIONAL

BE 0889.511.279
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€220,773
2024 · €281,117-€60,344
Equity
€121,940
2024 · €101,167+€20,773
Cash
€164,886
2024 · €231,250-€66,364
Balance sheet total
€365,995
2024 · €432,344-€66,349

Largest movements

2024 to 2025
Assets
  • Cash -€66,364

    down €66,364 (-28.7%), from €231,250 to €164,886

    mainly Contributions, distributions and other (-€200,000) and Other debts (-€87,007)

Equity and liabilities
  • Other debts -€87,007

    down €87,007 (-27.3%), from €318,582 to €231,575

  • Profit (loss) carried forward +€20,773

    up €20,773 (+23.9%), from €86,907 to €107,680

Income statement
  • Gross operating margin -€80,456

    down €80,456 (-21.4%), from €375,848 to €295,392

  • Taxes -€20,114

    down €20,114 (-21.5%), from €93,705 to €73,591

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 €281,117
Gross operating margin -€80,456
Other operating charges +€94
Financial charges -€96
Taxes +€20,114
Result 2025 €220,773
raises the resultlowers the result

Derived cash bridge

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 +€133,636
Investment €0
Financing -€200,000
Cash 2024 €231,250
Net result for the year +€220,773
Smaller working-capital items -€130
Other debts -€87,007
Contributions, distributions and other -€200,000
Cash 2025 €164,886
brings cash intakes cash out
Every line side by side 28 lines
Line Code 2024 2025 Change %
Total assets 20/58 €432,344 €365,995 -€66,349 -15.3%
Fixed assets 21/28 €201,000 €201,000 = 0.0%
Financial fixed assets 28 €201,000 €201,000 = 0.0%
Current assets 29/58 €231,344 €164,995 -€66,349 -28.7%
Amounts receivable after more than one year 29 €94 €109 +€15 +16.0%
Other amounts receivable 291 €94 €109 +€15 +16.0%
Cash at bank and in hand 54/58 €231,250 €164,886 -€66,364 -28.7%
Total equity and liabilities 10/49 €432,344 €365,995 -€66,349 -15.3%
Equity 10/15 €101,167 €121,940 +€20,773 +20.5%
Contributions 10/11 €12,400 €12,400 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €86,907 €107,680 +€20,773 +23.9%
Amounts payable 17/49 €331,177 €244,055 -€87,122 -26.3%
Amounts payable within one year 42/48 €331,177 €244,055 -€87,122 -26.3%
Taxes, remuneration and social security 45 €12,595 €12,480 -€115 -0.9%
Taxes 450/3 €12,595 €12,480 -€115 -0.9%
Other amounts payable 47/48 €318,582 €231,575 -€87,007 -27.3%
Other operating charges 640/8 €748 €654 -€94 -12.6%
Gross operating margin 9900 €375,848 €295,392 -€80,456 -21.4%
Operating profit (loss) 9901 €375,100 €294,738 -€80,362 -21.4%
Financial charges 65/66B €278 €374 +€96 +34.5%
Recurring financial charges 65 €278 €374 +€96 +34.5%
Profit (loss) for the period before taxes 9903 €374,822 €294,364 -€80,458 -21.5%
Income taxes 67/77 €93,705 €73,591 -€20,114 -21.5%
Profit (loss) for the period 9904 €281,117 €220,773 -€60,344 -21.5%
Profit (loss) for the period to be appropriated 9905 €281,117 €220,773 -€60,344 -21.5%

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 19 October 2026 via checked.be.