ITEA SOLUTIONS: 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.
ITEA SOLUTIONS
Largest movements
- Stocks and contracts +€67,068
new in 2025: €67,068
- Receivables within one year +€63,786
up €63,786 (+172.0%), from €37,078 to €100,864
of which Trade receivables: +€73,546
- Cash -€16,465
down €16,465 (-16.6%), from €99,249 to €82,784
mainly Stocks and contracts (-€67,068) and Receivables within one year (-€63,786)
- Trade debts +€69,715
up €69,715 (+3949.8%), from €1,765 to €71,480
- Other debts +€59,143
up €59,143 (+365.0%), from €16,205 to €75,349
- Reserves -€19,243
down €19,243 (-8.8%), from €218,548 to €199,305
- Tax, wage and social debts +€7,237
up €7,237 (+58.8%), from €12,306 to €19,543
of which Remuneration and social security: +€7,191
- Staff costs +€17,126
up €17,126 (+61.5%), from €27,848 to €44,974
- Gross operating margin +€13,996
up €13,996 (+17.2%), from €81,534 to €95,530
- Taxes -€5,500
down €5,500 (-39.5%), from €13,933 to €8,433
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.
Cash bridge derived
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 | €249,824 | €366,677 | +€116,853 | +46.8% |
| Fixed assets | 21/28 | €2,159 | €2,111 | -€48 | -2.2% |
| Tangible fixed assets | 22/27 | €2,159 | €2,111 | -€48 | -2.2% |
| Plant, machinery and equipment | 23 | €2,159 | €2,111 | -€48 | -2.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €247,665 | €364,566 | +€116,901 | +47.2% |
| Amounts receivable after more than one year | 29 | €105,000 | €105,000 | = | 0.0% |
| Other amounts receivable | 291 | €105,000 | €105,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | - | €67,068 | +€67,068 | |
| Stocks | 30/36 | - | €67,068 | +€67,068 | |
| Amounts receivable within one year | 40/41 | €37,078 | €100,864 | +€63,786 | +172.0% |
| Trade receivables | 40 | €24,684 | €98,230 | +€73,546 | +298.0% |
| Other amounts receivable | 41 | €12,394 | €2,634 | -€9,760 | -78.7% |
| Cash at bank and in hand | 54/58 | €99,249 | €82,784 | -€16,465 | -16.6% |
| Deferred charges and accrued income | 490/1 | €6,338 | €8,850 | +€2,512 | +39.6% |
| Total equity and liabilities | 10/49 | €249,824 | €366,677 | +€116,853 | +46.8% |
| Equity | 10/15 | €219,548 | €200,305 | -€19,243 | -8.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €218,548 | €199,305 | -€19,243 | -8.8% |
| Distributable reserves | 133 | €218,548 | €199,305 | -€19,243 | -8.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €30,276 | €166,372 | +€136,096 | +449.5% |
| Amounts payable within one year | 42/48 | €30,276 | €166,372 | +€136,096 | +449.5% |
| Trade debts | 44 | €1,765 | €71,480 | +€69,715 | +3949.8% |
| Suppliers | 440/4 | €1,765 | €71,480 | +€69,715 | +3949.8% |
| Taxes, remuneration and social security | 45 | €12,306 | €19,543 | +€7,237 | +58.8% |
| Taxes | 450/3 | €8,730 | €8,776 | +€46 | +0.5% |
| Remuneration and social security | 454/9 | €3,575 | €10,767 | +€7,191 | +201.1% |
| Other amounts payable | 47/48 | €16,205 | €75,349 | +€59,143 | +365.0% |
| Remuneration, social security and pensions | 62 | €27,848 | €44,974 | +€17,126 | +61.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €762 | €657 | -€105 | -13.8% |
| Other operating charges | 640/8 | €1,184 | €1,025 | -€159 | -13.4% |
| Gross operating margin | 9900 | €81,534 | €95,530 | +€13,996 | +17.2% |
| Operating profit (loss) | 9901 | €51,740 | €48,874 | -€2,866 | -5.5% |
| Financial income | 75/76B | €2,727 | €2,727 | -€0 | 0.0% |
| Recurring financial income | 75 | €2,727 | €2,727 | -€0 | 0.0% |
| Financial charges | 65/66B | €1,476 | €1,915 | +€439 | +29.7% |
| Recurring financial charges | 65 | €1,476 | €1,915 | +€439 | +29.7% |
| Profit (loss) for the period before taxes | 9903 | €52,990 | €49,685 | -€3,305 | -6.2% |
| Income taxes | 67/77 | €13,933 | €8,433 | -€5,500 | -39.5% |
| Profit (loss) for the period | 9904 | €39,057 | €41,252 | +€2,195 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €39,057 | €41,252 | +€2,195 | +5.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.