ITERNIA: 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.
ITERNIA
Largest movements
- Receivables within one year -€4,427
down €4,427 (-91.1%), from €4,858 to €431
- Deferred charges and accrued income +€2,074
up €2,074 (+126%), from €1,641 to €3,715
- Tangible fixed assets -€1,182
down €1,182 (-25.6%), from €4,619 to €3,436
of which Plant, machinery and equipment: -€897
- Cash -€1,160
down €1,160 (-15.9%), from €7,312 to €6,152
mainly Net result for the year (-€4,507) and Deferred charges and accrued income (-€2,074)
- Profit (loss) carried forward -€4,507
down €4,507 (-38.0%), from -€11,859 to -€16,366
- Other debts -€254
down €254 (-11.6%), from €2,188 to €1,933
- Gross operating margin +€6,652
up €6,652 (+70.8%), from -€9,392 to -€2,740
- Financial charges -€440
down €440 (-87.1%), from €505 to €65
- Depreciation -€199
down €199 (-14.4%), from €1,381 to €1,182
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 | €18,429 | €13,733 | -€4,696 | -25.5% |
| Fixed assets | 21/28 | €4,619 | €3,436 | -€1,182 | -25.6% |
| Tangible fixed assets | 22/27 | €4,619 | €3,436 | -€1,182 | -25.6% |
| Plant, machinery and equipment | 23 | €4,065 | €3,168 | -€897 | -22.1% |
| Furniture and vehicles | 24 | €553 | €268 | -€285 | -51.6% |
| Current assets | 29/58 | €13,811 | €10,297 | -€3,513 | -25.4% |
| Amounts receivable within one year | 40/41 | €4,858 | €431 | -€4,427 | -91.1% |
| Other amounts receivable | 41 | €4,858 | €431 | -€4,427 | -91.1% |
| Cash at bank and in hand | 54/58 | €7,312 | €6,152 | -€1,160 | -15.9% |
| Deferred charges and accrued income | 490/1 | €1,641 | €3,715 | +€2,074 | +126% |
| Total equity and liabilities | 10/49 | €18,429 | €13,733 | -€4,696 | -25.5% |
| Equity | 10/15 | €16,158 | €11,651 | -€4,507 | -27.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,417 | €9,417 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,417 | €9,417 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,859 | -€16,366 | -€4,507 | -38.0% |
| Amounts payable | 17/49 | €2,271 | €2,083 | -€189 | -8.3% |
| Amounts payable within one year | 42/48 | €2,271 | €2,083 | -€189 | -8.3% |
| Trade debts | 44 | €55 | €121 | +€66 | +119% |
| Suppliers | 440/4 | €55 | €121 | +€66 | +119% |
| Taxes, remuneration and social security | 45 | €28 | €28 | = | 0.0% |
| Taxes | 450/3 | €28 | €28 | = | 0.0% |
| Other amounts payable | 47/48 | €2,188 | €1,933 | -€254 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,381 | €1,182 | -€199 | -14.4% |
| Other operating charges | 640/8 | €580 | €520 | -€61 | -10.4% |
| Gross operating margin | 9900 | -€9,392 | -€2,740 | +€6,652 | +70.8% |
| Operating profit (loss) | 9901 | -€11,354 | -€4,442 | +€6,912 | +60.9% |
| Financial charges | 65/66B | €505 | €65 | -€440 | -87.1% |
| Recurring financial charges | 65 | €505 | €65 | -€440 | -87.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,859 | -€4,507 | +€7,352 | +62.0% |
| Profit (loss) for the period | 9904 | -€11,859 | -€4,507 | +€7,352 | +62.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,859 | -€4,507 | +€7,352 | +62.0% |
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.