Ithaka Legal: what changed
Ithaka Legal
Largest movements
- Cash +€47,114
up €47,114 (+93.4%), from €50,454 to €97,568
mainly Net result for the year (+€30,484) and Receivables within one year (+€18,326)
- Receivables within one year -€18,326
down €18,326 (-93.3%), from €19,637 to €1,311
of which Other amounts receivable: -€18,292
- Profit (loss) carried forward +€29,651
up €29,651 (+106%), from €28,078 to €57,728
- Tax, wage and social debts -€1,028
down €1,028 (-14.3%), from €7,180 to €6,152
of which Taxes: -€628
- Provisions -€33,888
down €33,888, from €33,336 to -€552
- Financial charges +€29,382
up €29,382 (+9,666%), from €304 to €29,686
- Gross operating margin -€11,109
down €11,109 (-14.0%), from €79,254 to €68,146
- Taxes -€8,161
down €8,161 (-50.0%), from €16,316 to €8,155
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 | €70,927 | €99,429 | +€28,502 | +40.2% |
| Current assets | 29/58 | €70,927 | €99,429 | +€28,502 | +40.2% |
| Amounts receivable within one year | 40/41 | €19,637 | €1,311 | -€18,326 | -93.3% |
| Trade receivables | 40 | €400 | €366 | -€34 | -8.6% |
| Other amounts receivable | 41 | €19,237 | €945 | -€18,292 | -95.1% |
| Cash at bank and in hand | 54/58 | €50,454 | €97,568 | +€47,114 | +93.4% |
| Deferred charges and accrued income | 490/1 | €836 | €550 | -€286 | -34.2% |
| Total equity and liabilities | 10/49 | €70,927 | €99,429 | +€28,502 | +40.2% |
| Equity | 10/15 | €29,578 | €59,228 | +€29,651 | +100% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,078 | €57,728 | +€29,651 | +106% |
| Provisions and deferred taxes | 16 | €33,336 | €32,784 | -€552 | -1.7% |
| Provisions for liabilities and charges | 160/5 | €33,336 | €32,784 | -€552 | -1.7% |
| Other liabilities and charges | 164/5 | €33,336 | €32,784 | -€552 | -1.7% |
| Amounts payable | 17/49 | €8,013 | €7,417 | -€596 | -7.4% |
| Amounts payable within one year | 42/48 | €8,013 | €7,417 | -€596 | -7.4% |
| Trade debts | 44 | - | €432 | +€432 | |
| Suppliers | 440/4 | - | €432 | +€432 | |
| Taxes, remuneration and social security | 45 | €7,180 | €6,152 | -€1,028 | -14.3% |
| Taxes | 450/3 | €6,748 | €6,120 | -€628 | -9.3% |
| Remuneration and social security | 454/9 | €432 | €32 | -€400 | -92.6% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €33,336 | -€552 | -€33,888 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €79,254 | €68,146 | -€11,109 | -14.0% |
| Operating profit (loss) | 9901 | €45,531 | €68,298 | +€22,767 | +50.0% |
| Financial income | 75/76B | - | €27 | +€27 | |
| Recurring financial income | 75 | - | €27 | +€27 | |
| Financial charges | 65/66B | €304 | €29,686 | +€29,382 | +9,666% |
| Recurring financial charges | 65 | €304 | €29,686 | +€29,382 | +9,666% |
| Profit (loss) for the period before taxes | 9903 | €45,227 | €38,639 | -€6,588 | -14.6% |
| Income taxes | 67/77 | €16,316 | €8,155 | -€8,161 | -50.0% |
| Profit (loss) for the period | 9904 | €28,911 | €30,484 | +€1,573 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,911 | €30,484 | +€1,573 | +5.4% |
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 6 November 2026 via checked.be.