ITERNITY SERVICES: 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.
ITERNITY SERVICES
Largest movements
- Receivables within one year -€8,545
down €8,545 (-22.8%), from €37,522 to €28,977
of which Trade receivables: -€11,876
- Tangible fixed assets -€3,037
down €3,037 (-13.8%), from €22,078 to €19,042
of which Other tangible fixed assets: -€1,676
- Short-term financial debts +€15,681
new in 2025: €15,681
- Trade debts -€12,964
down €12,964 (-80.7%), from €16,061 to €3,097
- Tax, wage and social debts -€12,503
down €12,503 (-64.7%), from €19,320 to €6,817
- Reserves -€4,850
down €4,850 (-19.1%), from €25,380 to €20,530
- Current portion of long-term debt +€2,356
new in 2025: €2,356
- Gross operating margin -€11,334
down €11,334 (-79.5%), from €14,263 to €2,929
- Taxes -€2,858
down €2,858 (-94.3%), from €3,029 to €172
- Financial charges +€419
up €419 (+12.3%), from €3,407 to €3,826
- Depreciation +€401
up €401 (+13.2%), from €3,041 to €3,442
- Financial income +€208
up €208 (+55.2%), from €377 to €585
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.
Cash bridge derived
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 | €61,261 | €49,380 | -€11,881 | -19.4% |
| Fixed assets | 21/28 | €22,078 | €19,042 | -€3,037 | -13.8% |
| Tangible fixed assets | 22/27 | €22,078 | €19,042 | -€3,037 | -13.8% |
| Plant, machinery and equipment | 23 | €1,512 | €1,138 | -€374 | -24.8% |
| Furniture and vehicles | 24 | €1,861 | €875 | -€986 | -53.0% |
| Other tangible fixed assets | 26 | €18,705 | €17,029 | -€1,676 | -9.0% |
| Current assets | 29/58 | €39,183 | €30,338 | -€8,844 | -22.6% |
| Amounts receivable within one year | 40/41 | €37,522 | €28,977 | -€8,545 | -22.8% |
| Trade receivables | 40 | €25,056 | €13,179 | -€11,876 | -47.4% |
| Other amounts receivable | 41 | €12,467 | €15,798 | +€3,331 | +26.7% |
| Cash at bank and in hand | 54/58 | €211 | - | -€211 | |
| Deferred charges and accrued income | 490/1 | €1,449 | €1,362 | -€88 | -6.0% |
| Total equity and liabilities | 10/49 | €61,261 | €49,380 | -€11,881 | -19.4% |
| Equity | 10/15 | €25,880 | €21,030 | -€4,850 | -18.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €25,380 | €20,530 | -€4,850 | -19.1% |
| Distributable reserves | 133 | €25,380 | €20,530 | -€4,850 | -19.1% |
| Amounts payable | 17/49 | €35,381 | €28,350 | -€7,030 | -19.9% |
| Amounts payable within one year | 42/48 | €35,381 | €27,951 | -€7,430 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | - | €2,356 | +€2,356 | |
| Financial debts | 43 | - | €15,681 | +€15,681 | |
| Credit institutions | 430/8 | - | €15,681 | +€15,681 | |
| Trade debts | 44 | €16,061 | €3,097 | -€12,964 | -80.7% |
| Suppliers | 440/4 | €16,061 | €3,097 | -€12,964 | -80.7% |
| Taxes, remuneration and social security | 45 | €19,320 | €6,817 | -€12,503 | -64.7% |
| Taxes | 450/3 | €19,320 | €6,817 | -€12,503 | -64.7% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,041 | €3,442 | +€401 | +13.2% |
| Other operating charges | 640/8 | €988 | €925 | -€64 | -6.4% |
| Gross operating margin | 9900 | €14,263 | €2,929 | -€11,334 | -79.5% |
| Operating profit (loss) | 9901 | €10,233 | -€1,438 | -€11,671 | |
| Financial income | 75/76B | €377 | €585 | +€208 | +55.2% |
| Recurring financial income | 75 | €377 | €585 | +€208 | +55.2% |
| Financial charges | 65/66B | €3,407 | €3,826 | +€419 | +12.3% |
| Recurring financial charges | 65 | €3,407 | €3,826 | +€419 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | €7,203 | -€4,679 | -€11,882 | |
| Income taxes | 67/77 | €3,029 | €172 | -€2,858 | -94.3% |
| Profit (loss) for the period | 9904 | €4,174 | -€4,850 | -€9,025 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,174 | -€4,850 | -€9,025 |
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 11 October 2026 via checked.be.