ITER Consulting: 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 Consulting
Largest movements
- Receivables within one year -€34,242
down €34,242 (-96.5%), from €35,470 to €1,228
of which Trade receivables: -€33,611
- Intangible fixed assets -€16,071
down €16,071 (-25.0%), from €64,285 to €48,213
- Cash +€11,223
up €11,223 (+51.5%), from €21,786 to €33,009
mainly Receivables within one year (+€34,242) and Depreciation (+€21,432)
- Receivables after one year +€7,000
up €7,000 (+9.3%), from €75,000 to €82,000
of which Other amounts receivable: +€82,000
- Tangible fixed assets -€5,361
down €5,361 (-61.2%), from €8,766 to €3,404
of which Furniture and vehicles: -€4,291
- Reserves -€21,431
down €21,431 (-12.7%), from €169,029 to €147,598
- Tax, wage and social debts -€9,467
down €9,467 (-33.3%), from €28,410 to €18,943
- Trade debts -€6,391
down €6,391 (-54.7%), from €11,689 to €5,298
- Gross operating margin -€72,660
down €72,660 (-89.8%), from €80,921 to €8,260
- Other operating charges -€12,238
down €12,238 (-94.9%), from €12,898 to €660
- Taxes -€10,518
down €10,518 (-62.6%), from €16,812 to €6,294
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 | €209,227 | €171,938 | -€37,289 | -17.8% |
| Fixed assets | 21/28 | €75,521 | €54,089 | -€21,432 | -28.4% |
| Intangible fixed assets | 21 | €64,285 | €48,213 | -€16,071 | -25.0% |
| Tangible fixed assets | 22/27 | €8,766 | €3,404 | -€5,361 | -61.2% |
| Plant, machinery and equipment | 23 | €2,102 | €1,032 | -€1,070 | -50.9% |
| Furniture and vehicles | 24 | €6,663 | €2,372 | -€4,291 | -64.4% |
| Financial fixed assets | 28 | €2,471 | €2,471 | = | 0.0% |
| Current assets | 29/58 | €133,706 | €117,849 | -€15,857 | -11.9% |
| Amounts receivable after more than one year | 29 | €75,000 | €82,000 | +€7,000 | +9.3% |
| Trade receivables | 290 | €75,000 | - | -€75,000 | |
| Other amounts receivable | 291 | - | €82,000 | +€82,000 | |
| Amounts receivable within one year | 40/41 | €35,470 | €1,228 | -€34,242 | -96.5% |
| Trade receivables | 40 | €33,611 | - | -€33,611 | |
| Other amounts receivable | 41 | €1,859 | €1,228 | -€631 | -33.9% |
| Cash at bank and in hand | 54/58 | €21,786 | €33,009 | +€11,223 | +51.5% |
| Deferred charges and accrued income | 490/1 | €1,449 | €1,611 | +€162 | +11.2% |
| Total equity and liabilities | 10/49 | €209,227 | €171,938 | -€37,289 | -17.8% |
| Equity | 10/15 | €169,129 | €147,698 | -€21,431 | -12.7% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €169,029 | €147,598 | -€21,431 | -12.7% |
| Distributable reserves | 133 | €169,029 | €147,598 | -€21,431 | -12.7% |
| Amounts payable | 17/49 | €40,098 | €24,240 | -€15,858 | -39.5% |
| Amounts payable within one year | 42/48 | €40,098 | €24,240 | -€15,858 | -39.5% |
| Trade debts | 44 | €11,689 | €5,298 | -€6,391 | -54.7% |
| Suppliers | 440/4 | €11,689 | €5,298 | -€6,391 | -54.7% |
| Taxes, remuneration and social security | 45 | €28,410 | €18,943 | -€9,467 | -33.3% |
| Taxes | 450/3 | €28,410 | €18,943 | -€9,467 | -33.3% |
| Non-recurring operating income | 76A | €21,711 | - | -€21,711 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,233 | €21,432 | -€801 | -3.6% |
| Other operating charges | 640/8 | €12,898 | €660 | -€12,238 | -94.9% |
| Gross operating margin | 9900 | €80,921 | €8,260 | -€72,660 | -89.8% |
| Operating profit (loss) | 9901 | €45,789 | -€13,832 | -€59,621 | |
| Financial income | 75/76B | €17 | €195 | +€177 | +1,031% |
| Recurring financial income | 75 | €17 | €195 | +€177 | +1,031% |
| Financial charges | 65/66B | €1,439 | €1,500 | +€61 | +4.3% |
| Recurring financial charges | 65 | €1,439 | €1,500 | +€61 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €44,367 | -€15,138 | -€59,505 | |
| Income taxes | 67/77 | €16,812 | €6,294 | -€10,518 | -62.6% |
| Profit (loss) for the period | 9904 | €27,556 | -€21,431 | -€48,987 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,556 | -€21,431 | -€48,987 |
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 18 October 2026 via checked.be.