Itenco: 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.
Itenco
Largest movements
- Cash -€7,562
down €7,562 (-86.6%), from €8,728 to €1,166
mainly Receivables within one year (-€6,938) and Investment in fixed assets (net) (-€2,660)
- Receivables within one year +€6,938
up €6,938 (+85.5%), from €8,118 to €15,056
of which Trade receivables: +€3,920
- Tangible fixed assets +€2,407
up €2,407 (+7702.4%), from €31 to €2,438
- Reserves +€2,151
up €2,151 (+18.6%), from €11,556 to €13,707
- Trade debts -€368
down €368 (-39.6%), from €929 to €561
- Gross operating margin -€4,050
down €4,050 (-50.2%), from €8,070 to €4,020
- Taxes -€734
down €734 (-38.8%), from €1,892 to €1,158
- Financial income +€444
up €444 (+1767.0%), from €25 to €469
- Other operating charges +€277
up €277 (+46.1%), from €600 to €876
- Depreciation +€222
up €222 (+709.3%), from €31 to €253
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 | €16,877 | €18,660 | +€1,783 | +10.6% |
| Fixed assets | 21/28 | €31 | €2,438 | +€2,407 | +7702.4% |
| Tangible fixed assets | 22/27 | €31 | €2,438 | +€2,407 | +7702.4% |
| Furniture and vehicles | 24 | €31 | €2,438 | +€2,407 | +7702.4% |
| Current assets | 29/58 | €16,846 | €16,222 | -€624 | -3.7% |
| Amounts receivable within one year | 40/41 | €8,118 | €15,056 | +€6,938 | +85.5% |
| Trade receivables | 40 | €1,240 | €5,160 | +€3,920 | +316.1% |
| Other amounts receivable | 41 | €6,878 | €9,896 | +€3,018 | +43.9% |
| Cash at bank and in hand | 54/58 | €8,728 | €1,166 | -€7,562 | -86.6% |
| Total equity and liabilities | 10/49 | €16,877 | €18,660 | +€1,783 | +10.6% |
| Equity | 10/15 | €14,056 | €16,207 | +€2,151 | +15.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €11,556 | €13,707 | +€2,151 | +18.6% |
| Distributable reserves | 133 | €11,556 | €13,707 | +€2,151 | +18.6% |
| Amounts payable | 17/49 | €2,821 | €2,453 | -€368 | -13.0% |
| Amounts payable within one year | 42/48 | €2,821 | €2,453 | -€368 | -13.0% |
| Trade debts | 44 | €929 | €561 | -€368 | -39.6% |
| Suppliers | 440/4 | €929 | €561 | -€368 | -39.6% |
| Taxes, remuneration and social security | 45 | €1,892 | €1,892 | = | 0.0% |
| Taxes | 450/3 | €1,892 | €1,892 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €196 | - | -€196 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31 | €253 | +€222 | +709.3% |
| Other operating charges | 640/8 | €600 | €876 | +€277 | +46.1% |
| Gross operating margin | 9900 | €8,070 | €4,020 | -€4,050 | -50.2% |
| Operating profit (loss) | 9901 | €7,243 | €2,891 | -€4,352 | -60.1% |
| Financial income | 75/76B | €25 | €469 | +€444 | +1767.0% |
| Recurring financial income | 75 | €25 | €469 | +€444 | +1767.0% |
| Financial charges | 65/66B | €64 | €51 | -€13 | -19.8% |
| Recurring financial charges | 65 | €64 | €51 | -€13 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €7,204 | €3,309 | -€3,895 | -54.1% |
| Income taxes | 67/77 | €1,892 | €1,158 | -€734 | -38.8% |
| Profit (loss) for the period | 9904 | €5,312 | €2,151 | -€3,161 | -59.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,312 | €2,151 | -€3,161 | -59.5% |
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 11 October 2026 via checked.be.