ITHRANE: 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.
ITHRANE
Largest movements
- Receivables within one year -€997
down €997 (-38.4%), from €2,596 to €1,599
- Stocks and contracts +€186
up €186 (+15.7%), from €1,180 to €1,365
- Cash +€138
up €138 (+368%), from €38 to €176
mainly Trade debts (+€9,227) and Tax, wage and social debts (+€5,215)
- Profit (loss) carried forward -€10,079
down €10,079 (-72.7%), from -€13,856 to -€23,935
- Trade debts +€9,227
up €9,227 (+3,029%), from €305 to €9,532
- Tax, wage and social debts +€5,215
up €5,215 (+111%), from €4,700 to €9,915
of which Remuneration and social security: +€4,900
- Other debts -€5,036
down €5,036 (-81.7%), from €6,164 to €1,128
- Gross operating margin -€10,159
down €10,159, from €2,498 to -€7,660
- Purchases and services +€6,854
up €6,854 (+21.7%), from €31,515 to €38,369
- Turnover -€3,305
down €3,305 (-9.7%), from €34,014 to €30,709
- Depreciation -€1,883
no longer reported in 2025 (was €1,883)
- Other operating charges +€1,122
up €1,122 (+116%), from €970 to €2,092
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 | €7,313 | €6,640 | -€673 | -9.2% |
| Fixed assets | 21/28 | €3,500 | €3,500 | = | 0.0% |
| Financial fixed assets | 28 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €3,813 | €3,140 | -€673 | -17.7% |
| Stocks and contracts in progress | 3 | €1,180 | €1,365 | +€186 | +15.7% |
| Stocks | 30/36 | €1,180 | €1,365 | +€186 | +15.7% |
| Amounts receivable within one year | 40/41 | €2,596 | €1,599 | -€997 | -38.4% |
| Other amounts receivable | 41 | €2,596 | €1,599 | -€997 | -38.4% |
| Cash at bank and in hand | 54/58 | €38 | €176 | +€138 | +368% |
| Total equity and liabilities | 10/49 | €7,313 | €6,640 | -€673 | -9.2% |
| Equity | 10/15 | -€3,856 | -€13,935 | -€10,079 | -261% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,856 | -€23,935 | -€10,079 | -72.7% |
| Amounts payable | 17/49 | €11,168 | €20,575 | +€9,406 | +84.2% |
| Amounts payable within one year | 42/48 | €11,168 | €20,575 | +€9,406 | +84.2% |
| Trade debts | 44 | €305 | €9,532 | +€9,227 | +3,029% |
| Suppliers | 440/4 | €305 | €9,532 | +€9,227 | +3,029% |
| Taxes, remuneration and social security | 45 | €4,700 | €9,915 | +€5,215 | +111% |
| Taxes | 450/3 | €3,000 | €3,315 | +€315 | +10.5% |
| Remuneration and social security | 454/9 | €1,700 | €6,600 | +€4,900 | +288% |
| Other amounts payable | 47/48 | €6,164 | €1,128 | -€5,036 | -81.7% |
| Turnover | 70 | €34,014 | €30,709 | -€3,305 | -9.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €31,515 | €38,369 | +€6,854 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,883 | - | -€1,883 | |
| Other operating charges | 640/8 | €970 | €2,092 | +€1,122 | +116% |
| Gross operating margin | 9900 | €2,498 | -€7,660 | -€10,159 | |
| Operating profit (loss) | 9901 | -€355 | -€9,752 | -€9,398 | -2,651% |
| Financial income | 75/76B | €2 | €10 | +€8 | +322% |
| Recurring financial income | 75 | €2 | €10 | +€8 | +322% |
| Financial charges | 65/66B | €243 | €337 | +€94 | +38.8% |
| Recurring financial charges | 65 | €243 | €337 | +€94 | +38.8% |
| Profit (loss) for the period before taxes | 9903 | -€595 | -€10,079 | -€9,484 | -1,594% |
| Profit (loss) for the period | 9904 | -€595 | -€10,079 | -€9,484 | -1,594% |
| Profit (loss) for the period to be appropriated | 9905 | -€595 | -€10,079 | -€9,484 | -1,594% |
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 15 October 2026 via checked.be.