ITERRA: what changed
Two fiscal 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.
ITERRA
Largest movements
- Cash +€185,493
up €185,493 (+52.3%), from €354,480 to €539,973
mainly Net result for the year (+€130,731) and Tax, wage and social debts (+€37,469)
- Receivables within one year -€12,834
down €12,834 (-50.3%), from €25,514 to €12,681
- Profit (loss) carried forward +€129,898
up €129,898 (+46.6%), from €278,756 to €408,654
- Tax, wage and social debts +€37,469
up €37,469 (+38.9%), from €96,224 to €133,693
- Gross operating margin -€197,788
down €197,788 (-54.0%), from €366,221 to €168,433
- Taxes -€50,088
down €50,088 (-57.3%), from €87,431 to €37,343
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 | €379,994 | €552,654 | +€172,659 | +45.4% |
| Current assets | 29/58 | €379,994 | €552,654 | +€172,659 | +45.4% |
| Amounts receivable within one year | 40/41 | €25,514 | €12,681 | -€12,834 | -50.3% |
| Trade receivables | 40 | €25,514 | €12,681 | -€12,834 | -50.3% |
| Cash at bank and in hand | 54/58 | €354,480 | €539,973 | +€185,493 | +52.3% |
| Total equity and liabilities | 10/49 | €379,994 | €552,654 | +€172,659 | +45.4% |
| Equity | 10/15 | €280,256 | €410,154 | +€129,898 | +46.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €278,756 | €408,654 | +€129,898 | +46.6% |
| Amounts payable | 17/49 | €99,738 | €142,499 | +€42,761 | +42.9% |
| Amounts payable within one year | 42/48 | €99,738 | €142,499 | +€42,761 | +42.9% |
| Trade debts | 44 | €2,000 | €3,500 | +€1,500 | +75.0% |
| Suppliers | 440/4 | €2,000 | €3,500 | +€1,500 | +75.0% |
| Taxes, remuneration and social security | 45 | €96,224 | €133,693 | +€37,469 | +38.9% |
| Taxes | 450/3 | €96,224 | €133,693 | +€37,469 | +38.9% |
| Other amounts payable | 47/48 | €1,514 | €5,306 | +€3,793 | +250.5% |
| Other operating charges | 640/8 | - | €314 | +€314 | |
| Gross operating margin | 9900 | €366,221 | €168,433 | -€197,788 | -54.0% |
| Operating profit (loss) | 9901 | €366,221 | €168,119 | -€198,102 | -54.1% |
| Financial charges | 65/66B | €34 | €45 | +€11 | +33.3% |
| Recurring financial charges | 65 | €34 | €45 | +€11 | +33.3% |
| Profit (loss) for the period before taxes | 9903 | €366,187 | €168,074 | -€198,113 | -54.1% |
| Income taxes | 67/77 | €87,431 | €37,343 | -€50,088 | -57.3% |
| Profit (loss) for the period | 9904 | €278,756 | €130,731 | -€148,025 | -53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €278,756 | €130,731 | -€148,025 | -53.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.