ITENSO TECHNICS: 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.
ITENSO TECHNICS
Largest movements
- Intangible fixed assets +€476,066
new in 2024: €476,066
- Stocks and contracts +€125,000
up €125,000 (+51.7%), from €241,887 to €366,887
of which Stocks: +€125,000
- Cash -€96,792
down €96,792 (-79.9%), from €121,118 to €24,327
mainly Investment in fixed assets (net) (-€551,452) and Net result for the year (-€134,753)
- Receivables within one year +€74,155
up €74,155 (+49.6%), from €149,632 to €223,788
of which Trade receivables: +€119,389
- Other debts +€488,827
up €488,827 (+429.1%), from €113,930 to €602,756
- Trade debts +€177,974
up €177,974 (+1071.6%), from €16,608 to €194,582
- Profit (loss) carried forward -€134,753
down €134,753, from €0 to -€134,753
- Short-term financial debts +€50,000
up €50,000 (+40.0%), from €125,000 to €175,000
- Gross operating margin -€183,117
down €183,117 (-59.2%), from €309,461 to €126,344
- Depreciation +€72,506
up €72,506 (+1963.6%), from €3,692 to €76,199
- Taxes -€40,817
down €40,817 (-100.0%), from €40,817 to €0
- Staff costs +€21,116
up €21,116 (+13.6%), from €155,646 to €176,762
- Financial charges +€3,435
up €3,435 (+77.3%), from €4,446 to €7,880
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 | €514,781 | €1,092,398 | +€577,617 | +112.2% |
| Fixed assets | 21/28 | €2,143 | €477,396 | +€475,253 | +22177.3% |
| Intangible fixed assets | 21 | - | €476,066 | +€476,066 | |
| Tangible fixed assets | 22/27 | €2,143 | €1,331 | -€812 | -37.9% |
| Plant, machinery and equipment | 23 | €523 | €1,331 | +€808 | +154.7% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Other tangible fixed assets | 26 | €1,620 | €0 | -€1,620 | -100.0% |
| Current assets | 29/58 | €512,638 | €615,002 | +€102,364 | +20.0% |
| Stocks and contracts in progress | 3 | €241,887 | €366,887 | +€125,000 | +51.7% |
| Stocks | 30/36 | €203,972 | €328,972 | +€125,000 | +61.3% |
| Contracts in progress | 37 | €37,915 | €37,915 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €149,632 | €223,788 | +€74,155 | +49.6% |
| Trade receivables | 40 | €104,292 | €223,681 | +€119,389 | +114.5% |
| Other amounts receivable | 41 | €45,340 | €107 | -€45,233 | -99.8% |
| Cash at bank and in hand | 54/58 | €121,118 | €24,327 | -€96,792 | -79.9% |
| Total equity and liabilities | 10/49 | €514,781 | €1,092,398 | +€577,617 | +112.2% |
| Equity | 10/15 | €196,206 | €61,453 | -€134,753 | -68.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €176,206 | €176,206 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €174,206 | €174,206 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€134,753 | -€134,753 | |
| Amounts payable | 17/49 | €318,575 | €1,030,945 | +€712,370 | +223.6% |
| Amounts payable within one year | 42/48 | €318,575 | €1,030,945 | +€712,370 | +223.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €125,000 | €175,000 | +€50,000 | +40.0% |
| Credit institutions | 430/8 | €125,000 | €175,000 | +€50,000 | +40.0% |
| Trade debts | 44 | €16,608 | €194,582 | +€177,974 | +1071.6% |
| Suppliers | 440/4 | €16,608 | €194,582 | +€177,974 | +1071.6% |
| Taxes, remuneration and social security | 45 | €63,037 | €58,607 | -€4,431 | -7.0% |
| Taxes | 450/3 | €48,128 | €44,707 | -€3,421 | -7.1% |
| Remuneration and social security | 454/9 | €14,909 | €13,899 | -€1,009 | -6.8% |
| Other amounts payable | 47/48 | €113,930 | €602,756 | +€488,827 | +429.1% |
| Remuneration, social security and pensions | 62 | €155,646 | €176,762 | +€21,116 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,692 | €76,199 | +€72,506 | +1963.6% |
| Other operating charges | 640/8 | €0 | €771 | +€771 | |
| Non-recurring operating charges | 66A | - | €1,620 | +€1,620 | |
| Gross operating margin | 9900 | €309,461 | €126,344 | -€183,117 | -59.2% |
| Operating profit (loss) | 9901 | €150,122 | -€129,008 | -€279,131 | |
| Financial income | 75/76B | €8 | €2,136 | +€2,128 | +26701.9% |
| Recurring financial income | 75 | €8 | €2,136 | +€2,128 | +26701.9% |
| Financial charges | 65/66B | €4,446 | €7,880 | +€3,435 | +77.3% |
| Recurring financial charges | 65 | €4,446 | €7,880 | +€3,435 | +77.3% |
| Profit (loss) for the period before taxes | 9903 | €145,685 | -€134,753 | -€280,437 | |
| Income taxes | 67/77 | €40,817 | €0 | -€40,817 | -100.0% |
| Profit (loss) for the period | 9904 | €104,868 | -€134,753 | -€239,620 | |
| Profit (loss) for the period to be appropriated | 9905 | €104,868 | -€134,753 | -€239,620 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.