ITEX 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.
ITEX CONSULTING
Largest movements
- Receivables within one year -€51,354
down €51,354 (-41.7%), from €123,063 to €71,709
of which Other amounts receivable: -€51,077
- Tangible fixed assets -€17,942
down €17,942 (-3.8%), from €467,716 to €449,773
of which Land and buildings: -€18,632
- Cash +€17,523
up €17,523 (+14.2%), from €123,680 to €141,203
mainly Net result for the year (+€53,158) and Receivables within one year (+€51,354)
- Reserves -€56,842
down €56,842 (-6.3%), from €896,128 to €839,285
of which Distributable reserves: -€56,842
- Gross operating margin -€11,318
down €11,318 (-10.5%), from €108,060 to €96,742
- Taxes -€3,563
down €3,563 (-14.3%), from €24,844 to €21,280
- Financial income -€1,149
down €1,149 (-38.5%), from €2,988 to €1,839
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 | €930,727 | €882,438 | -€48,289 | -5.2% |
| Fixed assets | 21/28 | €467,716 | €449,773 | -€17,942 | -3.8% |
| Tangible fixed assets | 22/27 | €467,716 | €449,773 | -€17,942 | -3.8% |
| Land and buildings | 22 | €466,981 | €448,349 | -€18,632 | -4.0% |
| Plant, machinery and equipment | 23 | €456 | €1,382 | +€926 | +203% |
| Furniture and vehicles | 24 | €278 | €42 | -€237 | -85.0% |
| Current assets | 29/58 | €463,011 | €432,665 | -€30,347 | -6.6% |
| Amounts receivable after more than one year | 29 | €209,099 | €209,099 | = | 0.0% |
| Other amounts receivable | 291 | €209,099 | €209,099 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €123,063 | €71,709 | -€51,354 | -41.7% |
| Trade receivables | 40 | €58,938 | €58,661 | -€277 | -0.5% |
| Other amounts receivable | 41 | €64,124 | €13,047 | -€51,077 | -79.7% |
| Cash at bank and in hand | 54/58 | €123,680 | €141,203 | +€17,523 | +14.2% |
| Deferred charges and accrued income | 490/1 | €7,170 | €10,654 | +€3,484 | +48.6% |
| Total equity and liabilities | 10/49 | €930,727 | €882,438 | -€48,289 | -5.2% |
| Equity | 10/15 | €914,728 | €857,885 | -€56,842 | -6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €896,128 | €839,285 | -€56,842 | -6.3% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €877,378 | €820,535 | -€56,842 | -6.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €15,999 | €24,553 | +€8,553 | +53.5% |
| Amounts payable within one year | 42/48 | €15,999 | €24,553 | +€8,553 | +53.5% |
| Current portion of amounts payable after more than one year | 42 | €8,819 | €8,775 | -€44 | -0.5% |
| Trade debts | 44 | €3,256 | €2,958 | -€298 | -9.2% |
| Suppliers | 440/4 | €3,256 | €2,958 | -€298 | -9.2% |
| Taxes, remuneration and social security | 45 | €3,924 | €12,819 | +€8,895 | +227% |
| Taxes | 450/3 | €2,545 | €9,866 | +€7,321 | +288% |
| Remuneration and social security | 454/9 | €1,379 | €2,953 | +€1,574 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,832 | €19,607 | -€226 | -1.1% |
| Other operating charges | 640/8 | €4,085 | €3,566 | -€518 | -12.7% |
| Gross operating margin | 9900 | €108,060 | €96,742 | -€11,318 | -10.5% |
| Operating profit (loss) | 9901 | €84,143 | €73,568 | -€10,575 | -12.6% |
| Financial income | 75/76B | €2,988 | €1,839 | -€1,149 | -38.5% |
| Recurring financial income | 75 | €2,988 | €1,839 | -€1,149 | -38.5% |
| Financial charges | 65/66B | €1,079 | €969 | -€110 | -10.2% |
| Recurring financial charges | 65 | €1,079 | €969 | -€110 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €86,052 | €74,438 | -€11,614 | -13.5% |
| Income taxes | 67/77 | €24,844 | €21,280 | -€3,563 | -14.3% |
| Profit (loss) for the period | 9904 | €61,208 | €53,158 | -€8,050 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €61,208 | €53,158 | -€8,050 | -13.2% |
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 18 October 2026 via checked.be.