ITENIUM: 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.
ITENIUM
Largest movements
- Receivables within one year +€135,481
up €135,481 (+13.4%), from €1.0m to €1.1m
of which Trade receivables: +€80,692
- Cash +€27,180
up €27,180 (+6.9%), from €393,569 to €420,748
mainly Net result for the year (+€402,002) and Other debts (+€249,981)
- Other debts +€249,981
up €249,981 (+163.1%), from €153,266 to €403,247
- Trade debts -€85,296
down €85,296 (-21.2%), from €402,478 to €317,181
- Gross operating margin +€155,837
up €155,837 (+5.8%), from €2.7m to €2.8m
- Staff costs +€101,964
up €101,964 (+4.5%), from €2.3m to €2.4m
- Taxes -€66,436
down €66,436 (-63.5%), from €104,699 to €38,263
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 | €1,450,971 | €1,613,964 | +€162,993 | +11.2% |
| Fixed assets | 21/28 | €19,202 | €19,576 | +€373 | +1.9% |
| Tangible fixed assets | 22/27 | €18,102 | €13,676 | -€4,427 | -24.5% |
| Plant, machinery and equipment | 23 | €17,643 | €11,712 | -€5,932 | -33.6% |
| Furniture and vehicles | 24 | €459 | €1,964 | +€1,505 | +327.9% |
| Financial fixed assets | 28 | €1,100 | €5,900 | +€4,800 | +436.4% |
| Current assets | 29/58 | €1,431,769 | €1,594,388 | +€162,619 | +11.4% |
| Amounts receivable within one year | 40/41 | €1,012,062 | €1,147,543 | +€135,481 | +13.4% |
| Trade receivables | 40 | €1,012,062 | €1,092,754 | +€80,692 | +8.0% |
| Other amounts receivable | 41 | €0 | €54,789 | +€54,789 | |
| Cash at bank and in hand | 54/58 | €393,569 | €420,748 | +€27,180 | +6.9% |
| Deferred charges and accrued income | 490/1 | €26,139 | €26,097 | -€42 | -0.2% |
| Total equity and liabilities | 10/49 | €1,450,971 | €1,613,964 | +€162,993 | +11.2% |
| Equity | 10/15 | €515,397 | €517,399 | +€2,002 | +0.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €499,422 | €499,422 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €499,422 | €499,422 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,775 | €11,777 | +€2,002 | +20.5% |
| Amounts payable | 17/49 | €935,574 | €1,096,565 | +€160,991 | +17.2% |
| Amounts payable within one year | 42/48 | €935,574 | €1,096,565 | +€160,991 | +17.2% |
| Trade debts | 44 | €402,478 | €317,181 | -€85,296 | -21.2% |
| Suppliers | 440/4 | €402,478 | €317,181 | -€85,296 | -21.2% |
| Taxes, remuneration and social security | 45 | €379,831 | €376,137 | -€3,694 | -1.0% |
| Taxes | 450/3 | €38,091 | €53,945 | +€15,854 | +41.6% |
| Remuneration and social security | 454/9 | €341,739 | €322,192 | -€19,548 | -5.7% |
| Other amounts payable | 47/48 | €153,266 | €403,247 | +€249,981 | +163.1% |
| Remuneration, social security and pensions | 62 | €2,286,791 | €2,388,755 | +€101,964 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,819 | €12,643 | -€176 | -1.4% |
| Other operating charges | 640/8 | €871 | €2,143 | +€1,272 | +146.0% |
| Gross operating margin | 9900 | €2,686,262 | €2,842,099 | +€155,837 | +5.8% |
| Operating profit (loss) | 9901 | €385,781 | €438,558 | +€52,777 | +13.7% |
| Financial income | 75/76B | €7 | €2,373 | +€2,365 | +31788.6% |
| Recurring financial income | 75 | €7 | €2,373 | +€2,365 | +31788.6% |
| Financial charges | 65/66B | €1,074 | €665 | -€409 | -38.1% |
| Recurring financial charges | 65 | €1,074 | €665 | -€409 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €384,715 | €440,265 | +€55,551 | +14.4% |
| Income taxes | 67/77 | €104,699 | €38,263 | -€66,436 | -63.5% |
| Profit (loss) for the period | 9904 | €280,016 | €402,002 | +€121,986 | +43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €280,016 | €402,002 | +€121,986 | +43.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.