ITHOMI: 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.
ITHOMI
Largest movements
- Cash -€146,572
down €146,572 (-52.6%), from €278,510 to €131,938
mainly Other debts (-€158,705) and Tax, wage and social debts (-€1,966)
- Other debts -€158,705
down €158,705 (-99.9%), from €158,930 to €225
- Reserves +€10,260
up €10,260 (+25.6%), from €40,098 to €50,358
of which Distributable reserves: +€10,260
- Trade debts +€3,630
new in 2025: €3,630
- Gross operating margin -€3,736
down €3,736 (-16.5%), from €22,649 to €18,913
- Other operating charges -€1,872
down €1,872 (-35.1%), from €5,328 to €3,456
- Taxes -€604
down €604 (-11.4%), from €5,305 to €4,701
- Depreciation -€344
down €344 (-20.0%), from €1,722 to €1,378
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 | €313,763 | €165,813 | -€147,950 | -47.2% |
| Fixed assets | 21/28 | €35,253 | €33,875 | -€1,378 | -3.9% |
| Tangible fixed assets | 22/27 | €35,253 | €33,875 | -€1,378 | -3.9% |
| Land and buildings | 22 | €35,253 | €33,875 | -€1,378 | -3.9% |
| Current assets | 29/58 | €278,510 | €131,938 | -€146,572 | -52.6% |
| Cash at bank and in hand | 54/58 | €278,510 | €131,938 | -€146,572 | -52.6% |
| Total equity and liabilities | 10/49 | €313,763 | €165,813 | -€147,950 | -47.2% |
| Equity | 10/15 | €143,901 | €154,161 | +€10,260 | +7.1% |
| Contributions | 10/11 | €105,436 | €105,436 | = | 0.0% |
| Reserves | 13 | €40,098 | €50,358 | +€10,260 | +25.6% |
| Non-distributable reserves | 130/1 | €12,444 | €12,444 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,444 | €12,444 | = | 0.0% |
| Distributable reserves | 133 | €27,654 | €37,914 | +€10,260 | +37.1% |
| Profit (loss) carried forward | 14 | -€1,633 | -€1,633 | = | 0.0% |
| Amounts payable | 17/49 | €169,862 | €11,652 | -€158,210 | -93.1% |
| Amounts payable within one year | 42/48 | €161,855 | €4,814 | -€157,041 | -97.0% |
| Trade debts | 44 | - | €3,630 | +€3,630 | |
| Suppliers | 440/4 | - | €3,630 | +€3,630 | |
| Taxes, remuneration and social security | 45 | €2,925 | €959 | -€1,966 | -67.2% |
| Taxes | 450/3 | €2,925 | €959 | -€1,966 | -67.2% |
| Other amounts payable | 47/48 | €158,930 | €225 | -€158,705 | -99.9% |
| Accrued charges and deferred income | 492/3 | €8,007 | €6,838 | -€1,169 | -14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,722 | €1,378 | -€344 | -20.0% |
| Other operating charges | 640/8 | €5,328 | €3,456 | -€1,872 | -35.1% |
| Gross operating margin | 9900 | €22,649 | €18,913 | -€3,736 | -16.5% |
| Operating profit (loss) | 9901 | €15,599 | €14,079 | -€1,520 | -9.7% |
| Financial income | 75/76B | €856 | €1,022 | +€166 | +19.4% |
| Recurring financial income | 75 | €856 | €1,022 | +€166 | +19.4% |
| Financial charges | 65/66B | €178 | €140 | -€38 | -21.3% |
| Recurring financial charges | 65 | €178 | €140 | -€38 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €16,277 | €14,961 | -€1,316 | -8.1% |
| Income taxes | 67/77 | €5,305 | €4,701 | -€604 | -11.4% |
| Profit (loss) for the period | 9904 | €10,972 | €10,260 | -€712 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,972 | €10,260 | -€712 | -6.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.