ITECH CONSULTING: 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.
ITECH CONSULTING
Largest movements
- Current investments +€70,430
up €70,430 (+218%), from €32,245 to €102,675
- Cash -€29,639
down €29,639 (-38.4%), from €77,177 to €47,538
mainly Current investments (-€70,430) and Investment in fixed assets (net) (-€15,856)
- Tangible fixed assets +€10,466
up €10,466 (+159%), from €6,587 to €17,053
of which Furniture and vehicles: +€6,381
- Receivables within one year -€3,410
down €3,410 (-6.0%), from €56,515 to €53,105
of which Trade receivables: -€8,495
- Profit (loss) carried forward +€28,057
up €28,057 (+49.2%), from €57,032 to €85,089
- Trade debts +€20,653
up €20,653 (+77.8%), from €26,559 to €47,212
- Gross operating margin +€18,247
up €18,247 (+54.2%), from €33,695 to €51,942
- Taxes -€12,139
down €12,139 (-42.5%), from €28,567 to €16,428
- Depreciation +€3,051
up €3,051 (+130%), from €2,339 to €5,390
- Other operating charges +€1,877
up €1,877 (+234%), from €801 to €2,678
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 | €172,647 | €221,357 | +€48,710 | +28.2% |
| Fixed assets | 21/28 | €6,710 | €17,176 | +€10,466 | +156% |
| Tangible fixed assets | 22/27 | €6,587 | €17,053 | +€10,466 | +159% |
| Furniture and vehicles | 24 | €6,015 | €12,396 | +€6,381 | +106% |
| Other tangible fixed assets | 26 | €572 | €4,657 | +€4,085 | +714% |
| Financial fixed assets | 28 | €123 | €123 | = | 0.0% |
| Current assets | 29/58 | €165,937 | €204,181 | +€38,244 | +23.0% |
| Amounts receivable within one year | 40/41 | €56,515 | €53,105 | -€3,410 | -6.0% |
| Trade receivables | 40 | €49,844 | €41,349 | -€8,495 | -17.0% |
| Other amounts receivable | 41 | €6,671 | €11,756 | +€5,085 | +76.2% |
| Current investments | 50/53 | €32,245 | €102,675 | +€70,430 | +218% |
| Cash at bank and in hand | 54/58 | €77,177 | €47,538 | -€29,639 | -38.4% |
| Deferred charges and accrued income | 490/1 | - | €863 | +€863 | |
| Total equity and liabilities | 10/49 | €172,647 | €221,357 | +€48,710 | +28.2% |
| Equity | 10/15 | €146,088 | €174,145 | +€28,057 | +19.2% |
| Contributions | 10/11 | €87,197 | €87,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,032 | €85,089 | +€28,057 | +49.2% |
| Amounts payable | 17/49 | €26,559 | €47,212 | +€20,653 | +77.8% |
| Amounts payable within one year | 42/48 | €26,559 | €47,212 | +€20,653 | +77.8% |
| Trade debts | 44 | €26,559 | €47,212 | +€20,653 | +77.8% |
| Suppliers | 440/4 | €26,559 | €47,212 | +€20,653 | +77.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,339 | €5,390 | +€3,051 | +130% |
| Other operating charges | 640/8 | €801 | €2,678 | +€1,877 | +234% |
| Gross operating margin | 9900 | €33,695 | €51,942 | +€18,247 | +54.2% |
| Operating profit (loss) | 9901 | €30,555 | €43,874 | +€13,319 | +43.6% |
| Financial income | 75/76B | €549 | €726 | +€177 | +32.2% |
| Recurring financial income | 75 | €549 | €726 | +€177 | +32.2% |
| Financial charges | 65/66B | €25 | €115 | +€90 | +360% |
| Recurring financial charges | 65 | €25 | €115 | +€90 | +360% |
| Profit (loss) for the period before taxes | 9903 | €31,079 | €44,485 | +€13,406 | +43.1% |
| Income taxes | 67/77 | €28,567 | €16,428 | -€12,139 | -42.5% |
| Profit (loss) for the period | 9904 | €2,512 | €28,057 | +€25,545 | +1,017% |
| Profit (loss) for the period to be appropriated | 9905 | €2,512 | €28,057 | +€25,545 | +1,017% |
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 14 October 2026 via checked.be.