ITER AUDAX: 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.
ITER AUDAX
Largest movements
- Cash +€39,795
up €39,795 (+83.0%), from €47,972 to €87,768
mainly Net result for the year (+€38,603) and Tax, wage and social debts (+€4,338)
- Receivables within one year +€5,124
up €5,124 (+82.1%), from €6,240 to €11,364
- Reserves +€38,603
up €38,603 (+107%), from €36,054 to €74,657
- Tax, wage and social debts +€4,338
up €4,338 (+33.1%), from €13,116 to €17,453
- Other debts +€1,677
up €1,677 (+3,894%), from €43 to €1,720
- Gross operating margin +€3,017
up €3,017 (+6.6%), from €45,617 to €48,633
- Taxes +€637
up €637 (+7.1%), from €9,013 to €9,651
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 | €54,212 | €99,132 | +€44,919 | +82.9% |
| Current assets | 29/58 | €54,212 | €99,132 | +€44,919 | +82.9% |
| Amounts receivable within one year | 40/41 | €6,240 | €11,364 | +€5,124 | +82.1% |
| Trade receivables | 40 | €6,240 | €11,364 | +€5,124 | +82.1% |
| Cash at bank and in hand | 54/58 | €47,972 | €87,768 | +€39,795 | +83.0% |
| Total equity and liabilities | 10/49 | €54,212 | €99,132 | +€44,919 | +82.9% |
| Equity | 10/15 | €41,054 | €79,657 | +€38,603 | +94.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €36,054 | €74,657 | +€38,603 | +107% |
| Distributable reserves | 133 | €36,054 | €74,657 | +€38,603 | +107% |
| Amounts payable | 17/49 | €13,159 | €19,475 | +€6,317 | +48.0% |
| Amounts payable within one year | 42/48 | €13,159 | €19,475 | +€6,317 | +48.0% |
| Trade debts | 44 | - | €303 | +€303 | |
| Suppliers | 440/4 | - | €303 | +€303 | |
| Taxes, remuneration and social security | 45 | €13,116 | €17,453 | +€4,338 | +33.1% |
| Taxes | 450/3 | €13,116 | €17,453 | +€4,338 | +33.1% |
| Other amounts payable | 47/48 | €43 | €1,720 | +€1,677 | +3,894% |
| Other operating charges | 640/8 | €477 | €204 | -€273 | -57.3% |
| Gross operating margin | 9900 | €45,617 | €48,633 | +€3,017 | +6.6% |
| Operating profit (loss) | 9901 | €45,140 | €48,429 | +€3,290 | +7.3% |
| Financial charges | 65/66B | €72 | €176 | +€104 | +143% |
| Recurring financial charges | 65 | €72 | €176 | +€104 | +143% |
| Profit (loss) for the period before taxes | 9903 | €45,067 | €48,254 | +€3,186 | +7.1% |
| Income taxes | 67/77 | €9,013 | €9,651 | +€637 | +7.1% |
| Profit (loss) for the period | 9904 | €36,054 | €38,603 | +€2,549 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,054 | €38,603 | +€2,549 | +7.1% |
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 15 October 2026 via checked.be.