iten: 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.
iten
Largest movements
- Cash +€218,592
up €218,592 (+326.2%), from €67,017 to €285,609
mainly Current investments (+€203,691) and Net result for the year (+€30,492)
- Current investments -€203,691
down €203,691 (-97.0%), from €210,000 to €6,309
- Receivables within one year -€15,725
down €15,725 (-96.0%), from €16,376 to €651
of which Trade receivables: -€15,991
- Tangible fixed assets -€3,462
down €3,462 (-18.5%), from €18,738 to €15,276
- Trade debts -€34,817
down €34,817 (-94.8%), from €36,731 to €1,913
- Other debts +€25,236
new in 2024: €25,236
- Reserves +€21,492
up €21,492 (+9.8%), from €218,199 to €239,690
- Tax, wage and social debts -€16,196
down €16,196 (-55.1%), from €29,397 to €13,202
of which Taxes: -€11,381
- Gross operating margin -€102,358
down €102,358 (-79.4%), from €128,886 to €26,528
- Financial income +€30,300
new in 2024: €30,300
- Taxes -€19,272
down €19,272 (-53.2%), from €36,225 to €16,953
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €312,130 | €307,845 | -€4,285 | -1.4% |
| Fixed assets | 21/28 | €18,738 | €15,276 | -€3,462 | -18.5% |
| Tangible fixed assets | 22/27 | €18,738 | €15,276 | -€3,462 | -18.5% |
| Furniture and vehicles | 24 | €18,738 | €15,276 | -€3,462 | -18.5% |
| Current assets | 29/58 | €293,393 | €292,569 | -€823 | -0.3% |
| Amounts receivable within one year | 40/41 | €16,376 | €651 | -€15,725 | -96.0% |
| Trade receivables | 40 | €15,991 | - | -€15,991 | |
| Other amounts receivable | 41 | €385 | €651 | +€267 | +69.3% |
| Current investments | 50/53 | €210,000 | €6,309 | -€203,691 | -97.0% |
| Cash at bank and in hand | 54/58 | €67,017 | €285,609 | +€218,592 | +326.2% |
| Total equity and liabilities | 10/49 | €312,130 | €307,845 | -€4,285 | -1.4% |
| Equity | 10/15 | €246,003 | €267,494 | +€21,492 | +8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €218,199 | €239,690 | +€21,492 | +9.8% |
| Distributable reserves | 133 | €218,199 | €239,690 | +€21,492 | +9.8% |
| Profit (loss) carried forward | 14 | €9,204 | €9,204 | = | 0.0% |
| Amounts payable | 17/49 | €66,128 | €40,351 | -€25,777 | -39.0% |
| Amounts payable within one year | 42/48 | €66,128 | €40,351 | -€25,777 | -39.0% |
| Trade debts | 44 | €36,731 | €1,913 | -€34,817 | -94.8% |
| Suppliers | 440/4 | €36,731 | €1,913 | -€34,817 | -94.8% |
| Taxes, remuneration and social security | 45 | €29,397 | €13,202 | -€16,196 | -55.1% |
| Taxes | 450/3 | €24,583 | €13,202 | -€11,381 | -46.3% |
| Remuneration and social security | 454/9 | €4,815 | - | -€4,815 | |
| Other amounts payable | 47/48 | - | €25,236 | +€25,236 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,248 | €2,647 | -€601 | -18.5% |
| Other operating charges | 640/8 | €1,122 | €2,162 | +€1,040 | +92.7% |
| Non-recurring operating charges | 66A | - | €815 | +€815 | |
| Gross operating margin | 9900 | €128,886 | €26,528 | -€102,358 | -79.4% |
| Operating profit (loss) | 9901 | €124,516 | €20,904 | -€103,612 | -83.2% |
| Financial income | 75/76B | - | €30,300 | +€30,300 | |
| Recurring financial income | 75 | - | €30,300 | +€30,300 | |
| Financial charges | 65/66B | €2,607 | €3,760 | +€1,153 | +44.2% |
| Recurring financial charges | 65 | €2,607 | €3,760 | +€1,153 | +44.2% |
| Profit (loss) for the period before taxes | 9903 | €121,909 | €47,445 | -€74,465 | -61.1% |
| Income taxes | 67/77 | €36,225 | €16,953 | -€19,272 | -53.2% |
| Profit (loss) for the period | 9904 | €85,685 | €30,492 | -€55,193 | -64.4% |
| Profit (loss) for the period to be appropriated | 9905 | €85,685 | €30,492 | -€55,193 | -64.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.