Itero Consulting 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.
Itero Consulting Services
Largest movements
- Cash +€85,146
up €85,146 (+37.4%), from €227,600 to €312,746
mainly Net result for the year (+€82,753) and Receivables within one year (+€43,241)
- Receivables within one year -€43,241
down €43,241 (-95.8%), from €45,114 to €1,872
of which Trade receivables: -€43,301
- Tangible fixed assets -€6,112
down €6,112 (-14.1%), from €43,493 to €37,381
of which Furniture and vehicles: -€11,789
- Reserves +€82,753
up €82,753 (+49.2%), from €168,151 to €250,904
- Tax, wage and social debts -€20,054
down €20,054 (-28.1%), from €71,281 to €51,226
- Trade debts -€16,564
down €16,564 (-86.5%), from €19,138 to €2,574
- Debts after one year -€11,380
down €11,380 (-42.1%), from €27,001 to €15,621
- Gross operating margin -€17,389
down €17,389 (-11.7%), from €148,267 to €130,878
- Taxes -€6,070
down €6,070 (-15.3%), from €39,621 to €33,551
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 | €316,301 | €352,097 | +€35,797 | +11.3% |
| Fixed assets | 21/28 | €43,493 | €37,381 | -€6,112 | -14.1% |
| Tangible fixed assets | 22/27 | €43,493 | €37,381 | -€6,112 | -14.1% |
| Plant, machinery and equipment | 23 | €2,289 | €2,037 | -€252 | -11.0% |
| Furniture and vehicles | 24 | €41,204 | €29,415 | -€11,789 | -28.6% |
| Other tangible fixed assets | 26 | - | €5,930 | +€5,930 | |
| Current assets | 29/58 | €272,808 | €314,716 | +€41,908 | +15.4% |
| Amounts receivable within one year | 40/41 | €45,114 | €1,872 | -€43,241 | -95.8% |
| Trade receivables | 40 | €45,114 | €1,812 | -€43,301 | -96.0% |
| Other amounts receivable | 41 | - | €60 | +€60 | |
| Cash at bank and in hand | 54/58 | €227,600 | €312,746 | +€85,146 | +37.4% |
| Deferred charges and accrued income | 490/1 | €94 | €98 | +€3 | +3.5% |
| Total equity and liabilities | 10/49 | €316,301 | €352,097 | +€35,797 | +11.3% |
| Equity | 10/15 | €183,151 | €265,904 | +€82,753 | +45.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €168,151 | €250,904 | +€82,753 | +49.2% |
| Distributable reserves | 133 | €168,151 | €250,904 | +€82,753 | +49.2% |
| Amounts payable | 17/49 | €133,150 | €86,194 | -€46,957 | -35.3% |
| Amounts payable after more than one year | 17 | €27,001 | €15,621 | -€11,380 | -42.1% |
| Financial debts | 170/4 | €27,001 | €15,621 | -€11,380 | -42.1% |
| Amounts payable within one year | 42/48 | €105,887 | €70,236 | -€35,651 | -33.7% |
| Current portion of amounts payable after more than one year | 42 | €11,054 | €11,334 | +€280 | +2.5% |
| Trade debts | 44 | €19,138 | €2,574 | -€16,564 | -86.5% |
| Suppliers | 440/4 | €19,138 | €2,574 | -€16,564 | -86.5% |
| Taxes, remuneration and social security | 45 | €71,281 | €51,226 | -€20,054 | -28.1% |
| Taxes | 450/3 | €71,281 | €51,226 | -€20,054 | -28.1% |
| Other amounts payable | 47/48 | €4,413 | €5,101 | +€688 | +15.6% |
| Accrued charges and deferred income | 492/3 | €262 | €337 | +€74 | +28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,010 | €12,394 | +€385 | +3.2% |
| Other operating charges | 640/8 | €867 | €964 | +€98 | +11.3% |
| Gross operating margin | 9900 | €148,267 | €130,878 | -€17,389 | -11.7% |
| Operating profit (loss) | 9901 | €135,391 | €117,520 | -€17,871 | -13.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,551 | €1,216 | -€336 | -21.6% |
| Recurring financial charges | 65 | €1,551 | €1,216 | -€336 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €133,839 | €116,304 | -€17,536 | -13.1% |
| Income taxes | 67/77 | €39,621 | €33,551 | -€6,070 | -15.3% |
| Profit (loss) for the period | 9904 | €94,219 | €82,753 | -€11,465 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €94,219 | €82,753 | -€11,465 | -12.2% |
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.