ITEA 42: 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.
ITEA 42
Largest movements
- Cash +€33,840
up €33,840 (+14.9%), from €227,856 to €261,696
mainly Net result for the year (+€47,212) and Tax, wage and social debts (+€21,759)
- Current investments +€18,666
up €18,666 (+25.5%), from €73,203 to €91,869
- Receivables within one year -€8,035
down €8,035 (-33.0%), from €24,333 to €16,298
of which Other amounts receivable: -€9,476
- Profit (loss) carried forward +€47,212
up €47,212 (+20.8%), from €226,860 to €274,072
- Other debts -€24,500
no longer reported in 2025 (was €24,500)
- Tax, wage and social debts +€21,759
up €21,759 (+511%), from €4,254 to €26,013
of which Taxes: +€21,707
- Turnover -€146,337
no longer reported in 2025 (was €146,337)
- Purchases and services -€80,585
no longer reported in 2025 (was €80,585)
- Gross operating margin -€9,851
down €9,851 (-15.0%), from €65,751 to €55,900
- Financial income +€2,787
up €2,787 (+77.0%), from €3,617 to €6,404
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 | €325,392 | €369,863 | +€44,471 | +13.7% |
| Current assets | 29/58 | €325,392 | €369,863 | +€44,471 | +13.7% |
| Amounts receivable within one year | 40/41 | €24,333 | €16,298 | -€8,035 | -33.0% |
| Trade receivables | 40 | €12,991 | €14,432 | +€1,441 | +11.1% |
| Other amounts receivable | 41 | €11,341 | €1,866 | -€9,476 | -83.5% |
| Current investments | 50/53 | €73,203 | €91,869 | +€18,666 | +25.5% |
| Cash at bank and in hand | 54/58 | €227,856 | €261,696 | +€33,840 | +14.9% |
| Total equity and liabilities | 10/49 | €325,392 | €369,863 | +€44,471 | +13.7% |
| Equity | 10/15 | €296,638 | €343,850 | +€47,212 | +15.9% |
| Contributions | 10/11 | €13,016 | €13,016 | = | 0.0% |
| Capital | 10 | €13,016 | €13,016 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €5,584 | €5,584 | = | 0.0% |
| Reserves | 13 | €56,761 | €56,761 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €54,901 | €54,901 | = | 0.0% |
| Profit (loss) carried forward | 14 | €226,860 | €274,072 | +€47,212 | +20.8% |
| Amounts payable | 17/49 | €28,754 | €26,013 | -€2,741 | -9.5% |
| Amounts payable within one year | 42/48 | €28,754 | €26,013 | -€2,741 | -9.5% |
| Taxes, remuneration and social security | 45 | €4,254 | €26,013 | +€21,759 | +511% |
| Taxes | 450/3 | €4,254 | €25,961 | +€21,707 | +510% |
| Remuneration and social security | 454/9 | - | €52 | +€52 | |
| Other amounts payable | 47/48 | €24,500 | - | -€24,500 | |
| Turnover | 70 | €146,337 | - | -€146,337 | |
| Goods, raw materials, services and sundry goods | 60/61 | €80,585 | - | -€80,585 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €389 | - | -€389 | |
| Other operating charges | 640/8 | €633 | €735 | +€103 | +16.2% |
| Gross operating margin | 9900 | €65,751 | €55,900 | -€9,851 | -15.0% |
| Operating profit (loss) | 9901 | €64,730 | €55,165 | -€9,565 | -14.8% |
| Financial income | 75/76B | €3,617 | €6,404 | +€2,787 | +77.0% |
| Recurring financial income | 75 | €3,617 | €6,404 | +€2,787 | +77.0% |
| Financial charges | 65/66B | €565 | €1,404 | +€840 | +149% |
| Recurring financial charges | 65 | €565 | €1,404 | +€840 | +149% |
| Profit (loss) for the period before taxes | 9903 | €67,782 | €60,164 | -€7,618 | -11.2% |
| Income taxes | 67/77 | €12,245 | €12,952 | +€707 | +5.8% |
| Profit (loss) for the period | 9904 | €55,537 | €47,212 | -€8,325 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,537 | €47,212 | -€8,325 | -15.0% |
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 26 October 2026 via checked.be.