iTHam Consultancy: 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.
iTHam Consultancy
Largest movements
- Receivables within one year -€17,051
no longer reported in 2025 (was €17,051)
of which Trade receivables: -€12,705
- Cash -€6,828
down €6,828 (-4.6%), from €148,189 to €141,361
mainly Tax, wage and social debts (-€20,872) and Net result for the year (-€2,176)
- Tax, wage and social debts -€20,872
down €20,872 (-86.5%), from €24,128 to €3,256
- Profit (loss) carried forward -€2,176
down €2,176 (-7.3%), from €29,650 to €27,474
- Gross operating margin -€42,069
down €42,069, from €40,003 to -€2,066
- Taxes -€9,317
no longer reported in 2025 (was €9,317)
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 | €165,254 | €141,455 | -€23,799 | -14.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €13 | €0 | -€13 | -100.0% |
| Tangible fixed assets | 22/27 | €13 | €0 | -€13 | -100.0% |
| Furniture and vehicles | 24 | €13 | €0 | -€13 | -100.0% |
| Current assets | 29/58 | €165,240 | €141,455 | -€23,785 | -14.4% |
| Amounts receivable within one year | 40/41 | €17,051 | - | -€17,051 | |
| Trade receivables | 40 | €12,705 | - | -€12,705 | |
| Other amounts receivable | 41 | €4,346 | - | -€4,346 | |
| Cash at bank and in hand | 54/58 | €148,189 | €141,361 | -€6,828 | -4.6% |
| Deferred charges and accrued income | 490/1 | - | €94 | +€94 | |
| Total equity and liabilities | 10/49 | €165,254 | €141,455 | -€23,799 | -14.4% |
| Equity | 10/15 | €48,250 | €46,074 | -€2,176 | -4.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,650 | €27,474 | -€2,176 | -7.3% |
| Amounts payable | 17/49 | €117,004 | €95,381 | -€21,623 | -18.5% |
| Amounts payable within one year | 42/48 | €117,004 | €95,381 | -€21,623 | -18.5% |
| Trade debts | 44 | €1,418 | €24 | -€1,393 | -98.3% |
| Suppliers | 440/4 | €1,418 | €24 | -€1,393 | -98.3% |
| Taxes, remuneration and social security | 45 | €24,128 | €3,256 | -€20,872 | -86.5% |
| Taxes | 450/3 | €24,128 | €3,256 | -€20,872 | -86.5% |
| Other amounts payable | 47/48 | €91,458 | €92,101 | +€643 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €325 | €13 | -€312 | -95.9% |
| Other operating charges | 640/8 | €144 | €25 | -€119 | -82.6% |
| Non-recurring operating charges | 66A | €707 | - | -€707 | |
| Gross operating margin | 9900 | €40,003 | -€2,066 | -€42,069 | |
| Operating profit (loss) | 9901 | €38,828 | -€2,104 | -€40,932 | |
| Financial charges | 65/66B | €134 | €72 | -€62 | -46.2% |
| Recurring financial charges | 65 | €134 | €72 | -€62 | -46.2% |
| Profit (loss) for the period before taxes | 9903 | €38,694 | -€2,176 | -€40,870 | |
| Income taxes | 67/77 | €9,317 | - | -€9,317 | |
| Profit (loss) for the period | 9904 | €29,377 | -€2,176 | -€31,553 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,377 | -€2,176 | -€31,553 |
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 10 October 2026 via checked.be.