ITFX CONSULTING: what changed
ITFX CONSULTING
Largest movements
- Current investments -€50,000
down €50,000 (-33.3%), from €150,000 to €100,000
- Cash -€20,979
down €20,979 (-42.4%), from €49,445 to €28,466
mainly Contributions, distributions and other (-€93,160) and Other debts (-€34,139)
- Tangible fixed assets -€14,894
down €14,894 (-33.3%), from €44,716 to €29,822
of which Leasing and similar rights: -€11,467
- Receivables within one year -€4,047
down €4,047 (-8.6%), from €47,249 to €43,202
of which Trade receivables: -€4,597
- Other debts -€34,139
down €34,139 (-27.5%), from €124,220 to €90,081
- Tax, wage and social debts -€29,716
down €29,716 (-40.4%), from €73,562 to €43,845
- Debts after one year -€23,503
down €23,503 (-38.2%), from €61,602 to €38,099
- Gross operating margin -€87,739
down €87,739 (-40.2%), from €218,076 to €130,337
- Taxes -€23,847
down €23,847 (-49.4%), from €48,297 to €24,450
- Financial income +€3,249
up €3,249 (+46,221%), from €7 to €3,256
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €292,117 | €203,374 | -€88,743 | -30.4% |
| Fixed assets | 21/28 | €44,716 | €29,822 | -€14,894 | -33.3% |
| Tangible fixed assets | 22/27 | €44,716 | €29,822 | -€14,894 | -33.3% |
| Plant, machinery and equipment | 23 | €3,495 | €3,121 | -€375 | -10.7% |
| Furniture and vehicles | 24 | €4,908 | €1,856 | -€3,052 | -62.2% |
| Leasing and similar rights | 25 | €36,313 | €24,846 | -€11,467 | -31.6% |
| Current assets | 29/58 | €247,401 | €173,551 | -€73,849 | -29.9% |
| Amounts receivable within one year | 40/41 | €47,249 | €43,202 | -€4,047 | -8.6% |
| Trade receivables | 40 | €47,249 | €42,652 | -€4,597 | -9.7% |
| Other amounts receivable | 41 | - | €550 | +€550 | |
| Current investments | 50/53 | €150,000 | €100,000 | -€50,000 | -33.3% |
| Cash at bank and in hand | 54/58 | €49,445 | €28,466 | -€20,979 | -42.4% |
| Deferred charges and accrued income | 490/1 | €707 | €1,883 | +€1,176 | +166% |
| Total equity and liabilities | 10/49 | €292,117 | €203,374 | -€88,743 | -30.4% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €287,117 | €198,374 | -€88,743 | -30.9% |
| Amounts payable after more than one year | 17 | €61,602 | €38,099 | -€23,503 | -38.2% |
| Financial debts | 170/4 | €61,602 | €38,099 | -€23,503 | -38.2% |
| Amounts payable within one year | 42/48 | €225,515 | €160,275 | -€65,240 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €23,292 | €23,503 | +€211 | +0.9% |
| Trade debts | 44 | €4,441 | €2,845 | -€1,595 | -35.9% |
| Suppliers | 440/4 | €4,441 | €2,845 | -€1,595 | -35.9% |
| Taxes, remuneration and social security | 45 | €73,562 | €43,845 | -€29,716 | -40.4% |
| Taxes | 450/3 | €73,562 | €43,845 | -€29,716 | -40.4% |
| Other amounts payable | 47/48 | €124,220 | €90,081 | -€34,139 | -27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,519 | €14,894 | -€625 | -4.0% |
| Other operating charges | 640/8 | €109 | €131 | +€22 | +20.1% |
| Gross operating margin | 9900 | €218,076 | €130,337 | -€87,739 | -40.2% |
| Operating profit (loss) | 9901 | €202,448 | €115,311 | -€87,136 | -43.0% |
| Financial income | 75/76B | €7 | €3,256 | +€3,249 | +46,221% |
| Recurring financial income | 75 | €7 | €3,256 | +€3,249 | +46,221% |
| Financial charges | 65/66B | €1,189 | €958 | -€232 | -19.5% |
| Recurring financial charges | 65 | €1,189 | €958 | -€232 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €201,265 | €117,610 | -€83,655 | -41.6% |
| Income taxes | 67/77 | €48,297 | €24,450 | -€23,847 | -49.4% |
| Profit (loss) for the period | 9904 | €152,968 | €93,160 | -€59,808 | -39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €152,968 | €93,160 | -€59,808 | -39.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.