ITERA 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.
ITERA CONSULTING
Largest movements
- Cash +€13,760
up €13,760 (+15.1%), from €91,138 to €104,898
mainly Net result for the year (+€34,934) and Depreciation (+€12,495)
- Deferred charges and accrued income -€4,931
down €4,931 (-98.3%), from €5,018 to €87
- Reserves +€34,900
up €34,900 (+54.3%), from €64,260 to €99,160
- Other debts -€18,460
down €18,460 (-95.6%), from €19,319 to €859
- Debts after one year -€6,250
no longer reported in 2025 (was €6,250)
- Tax, wage and social debts -€5,249
down €5,249 (-12.0%), from €43,665 to €38,416
of which Taxes: -€7,514
- Trade debts +€2,660
up €2,660 (+109%), from €2,430 to €5,090
- Taxes -€1,248
down €1,248 (-8.2%), from €15,241 to €13,993
- Depreciation +€747
up €747 (+6.4%), from €11,748 to €12,495
- Gross operating margin -€654
down €654 (-1.0%), from €64,160 to €63,506
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 | €167,908 | €174,723 | +€6,815 | +4.1% |
| Fixed assets | 21/28 | €41,324 | €40,688 | -€636 | -1.5% |
| Tangible fixed assets | 22/27 | €41,324 | €40,688 | -€636 | -1.5% |
| Land and buildings | 22 | €11,848 | €9,885 | -€1,963 | -16.6% |
| Plant, machinery and equipment | 23 | €6,745 | €5,208 | -€1,537 | -22.8% |
| Furniture and vehicles | 24 | €22,731 | €25,595 | +€2,864 | +12.6% |
| Current assets | 29/58 | €126,584 | €134,035 | +€7,451 | +5.9% |
| Amounts receivable within one year | 40/41 | €30,428 | €29,050 | -€1,378 | -4.5% |
| Trade receivables | 40 | €21,928 | €23,136 | +€1,208 | +5.5% |
| Other amounts receivable | 41 | €8,500 | €5,914 | -€2,586 | -30.4% |
| Cash at bank and in hand | 54/58 | €91,138 | €104,898 | +€13,760 | +15.1% |
| Deferred charges and accrued income | 490/1 | €5,018 | €87 | -€4,931 | -98.3% |
| Total equity and liabilities | 10/49 | €167,908 | €174,723 | +€6,815 | +4.1% |
| Equity | 10/15 | €90,033 | €124,108 | +€34,075 | +37.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €64,260 | €99,160 | +€34,900 | +54.3% |
| Distributable reserves | 133 | €64,260 | €99,160 | +€34,900 | +54.3% |
| Profit (loss) carried forward | 14 | €7,173 | €6,348 | -€825 | -11.5% |
| Amounts payable | 17/49 | €77,875 | €50,615 | -€27,260 | -35.0% |
| Amounts payable after more than one year | 17 | €6,250 | - | -€6,250 | |
| Financial debts | 170/4 | €6,250 | - | -€6,250 | |
| Amounts payable within one year | 42/48 | €71,557 | €50,615 | -€20,942 | -29.3% |
| Current portion of amounts payable after more than one year | 42 | €6,143 | €6,250 | +€106 | +1.7% |
| Trade debts | 44 | €2,430 | €5,090 | +€2,660 | +109% |
| Suppliers | 440/4 | €2,430 | €5,090 | +€2,660 | +109% |
| Taxes, remuneration and social security | 45 | €43,665 | €38,416 | -€5,249 | -12.0% |
| Taxes | 450/3 | €43,665 | €36,151 | -€7,514 | -17.2% |
| Remuneration and social security | 454/9 | - | €2,265 | +€2,265 | |
| Other amounts payable | 47/48 | €19,319 | €859 | -€18,460 | -95.6% |
| Accrued charges and deferred income | 492/3 | €68 | - | -€68 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,748 | €12,495 | +€747 | +6.4% |
| Other operating charges | 640/8 | €930 | €1,539 | +€609 | +65.5% |
| Gross operating margin | 9900 | €64,160 | €63,506 | -€654 | -1.0% |
| Operating profit (loss) | 9901 | €51,481 | €49,472 | -€2,010 | -3.9% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €795 | €545 | -€250 | -31.5% |
| Recurring financial charges | 65 | €795 | €545 | -€250 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | €50,688 | €48,927 | -€1,761 | -3.5% |
| Income taxes | 67/77 | €15,241 | €13,993 | -€1,248 | -8.2% |
| Profit (loss) for the period | 9904 | €35,447 | €34,934 | -€513 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,447 | €34,934 | -€513 | -1.4% |
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 16 October 2026 via checked.be.