ITHRON CONSULTING SPRL: 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.
ITHRON CONSULTING SPRL
Largest movements
- Current investments +€18,000
up €18,000 (+42.2%), from €42,675 to €60,675
- Receivables within one year +€15,864
up €15,864 (+72.4%), from €21,915 to €37,779
of which Other amounts receivable: +€13,826
- Cash -€14,238
down €14,238 (-36.2%), from €39,378 to €25,140
mainly Investment in fixed assets (net) (-€33,199) and Current investments (-€18,000)
- Tangible fixed assets +€11,245
up €11,245 (+19.8%), from €56,715 to €67,960
of which Land and buildings: +€30,328
- Debts after one year +€27,735
new in 2025: €27,735
- Other debts +€5,556
up €5,556 (+44.6%), from €12,444 to €18,000
- Reserves -€2,000
down €2,000 (-1.7%), from €118,460 to €116,460
of which Distributable reserves: -€2,000
- Gross operating margin +€5,040
up €5,040 (+11.8%), from €42,573 to €47,613
- Depreciation +€1,980
up €1,980 (+9.9%), from €19,974 to €21,954
- Financial charges +€1,141
up €1,141 (+1,393%), from €82 to €1,223
- Taxes +€986
up €986 (+16.5%), from €5,992 to €6,978
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 | €160,683 | €191,829 | +€31,146 | +19.4% |
| Fixed assets | 21/28 | €56,715 | €67,960 | +€11,245 | +19.8% |
| Tangible fixed assets | 22/27 | €56,715 | €67,960 | +€11,245 | +19.8% |
| Land and buildings | 22 | - | €30,328 | +€30,328 | |
| Plant, machinery and equipment | 23 | €8,180 | €7,929 | -€251 | -3.1% |
| Furniture and vehicles | 24 | €43,365 | €25,408 | -€17,957 | -41.4% |
| Other tangible fixed assets | 26 | €5,170 | €4,295 | -€875 | -16.9% |
| Current assets | 29/58 | €103,968 | €123,869 | +€19,901 | +19.1% |
| Amounts receivable within one year | 40/41 | €21,915 | €37,779 | +€15,864 | +72.4% |
| Trade receivables | 40 | €21,441 | €23,480 | +€2,039 | +9.5% |
| Other amounts receivable | 41 | €474 | €14,299 | +€13,826 | +2,917% |
| Current investments | 50/53 | €42,675 | €60,675 | +€18,000 | +42.2% |
| Cash at bank and in hand | 54/58 | €39,378 | €25,140 | -€14,238 | -36.2% |
| Deferred charges and accrued income | 490/1 | - | €275 | +€275 | |
| Total equity and liabilities | 10/49 | €160,683 | €191,829 | +€31,146 | +19.4% |
| Equity | 10/15 | €135,088 | €133,270 | -€1,817 | -1.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €118,460 | €116,460 | -€2,000 | -1.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €116,600 | €114,600 | -€2,000 | -1.7% |
| Profit (loss) carried forward | 14 | €4,228 | €4,410 | +€183 | +4.3% |
| Amounts payable | 17/49 | €25,596 | €58,559 | +€32,963 | +129% |
| Amounts payable after more than one year | 17 | - | €27,735 | +€27,735 | |
| Financial debts | 170/4 | - | €27,735 | +€27,735 | |
| Amounts payable within one year | 42/48 | €25,596 | €30,824 | +€5,228 | +20.4% |
| Trade debts | 44 | €3,095 | €2,261 | -€834 | -27.0% |
| Suppliers | 440/4 | €3,095 | €2,261 | -€834 | -27.0% |
| Taxes, remuneration and social security | 45 | €10,057 | €10,563 | +€507 | +5.0% |
| Taxes | 450/3 | €10,057 | €10,563 | +€507 | +5.0% |
| Other amounts payable | 47/48 | €12,444 | €18,000 | +€5,556 | +44.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,974 | €21,954 | +€1,980 | +9.9% |
| Other operating charges | 640/8 | €1,516 | €1,551 | +€35 | +2.3% |
| Gross operating margin | 9900 | €42,573 | €47,613 | +€5,040 | +11.8% |
| Operating profit (loss) | 9901 | €21,083 | €24,108 | +€3,025 | +14.3% |
| Financial income | 75/76B | €0 | €276 | +€276 | +551,200% |
| Recurring financial income | 75 | €0 | €276 | +€276 | +551,200% |
| Financial charges | 65/66B | €82 | €1,223 | +€1,141 | +1,393% |
| Recurring financial charges | 65 | €82 | €1,223 | +€1,141 | +1,393% |
| Profit (loss) for the period before taxes | 9903 | €21,001 | €23,161 | +€2,160 | +10.3% |
| Income taxes | 67/77 | €5,992 | €6,978 | +€986 | +16.5% |
| Profit (loss) for the period | 9904 | €15,009 | €16,183 | +€1,174 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,009 | €16,183 | +€1,174 | +7.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.