ITIFY: 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.
ITIFY
Largest movements
- Current investments +€21,500
up €21,500 (+107.5%), from €20,000 to €41,500
- Receivables within one year +€3,639
up €3,639 (+18.3%), from €19,923 to €23,562
of which Other amounts receivable: +€2,188
- Tangible fixed assets -€1,369
down €1,369 (-28.6%), from €4,786 to €3,418
- Profit (loss) carried forward +€23,874
up €23,874 (+46.1%), from €51,756 to €75,631
- Tax, wage and social debts +€1,483
up €1,483 (+75.4%), from €1,968 to €3,452
of which Remuneration and social security: +€2,873
- Taxes +€5,712
new in 2024: €5,712
- Gross operating margin -€3,165
down €3,165 (-9.2%), from €34,573 to €31,408
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,385 | €84,930 | +€24,545 | +40.6% |
| Fixed assets | 21/28 | €4,935 | €3,567 | -€1,369 | -27.7% |
| Tangible fixed assets | 22/27 | €4,786 | €3,418 | -€1,369 | -28.6% |
| Furniture and vehicles | 24 | €4,786 | €3,418 | -€1,369 | -28.6% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €55,450 | €81,364 | +€25,914 | +46.7% |
| Amounts receivable within one year | 40/41 | €19,923 | €23,562 | +€3,639 | +18.3% |
| Trade receivables | 40 | €11,979 | €13,430 | +€1,451 | +12.1% |
| Other amounts receivable | 41 | €7,944 | €10,132 | +€2,188 | +27.5% |
| Current investments | 50/53 | €20,000 | €41,500 | +€21,500 | +107.5% |
| Cash at bank and in hand | 54/58 | €15,526 | €16,301 | +€775 | +5.0% |
| Total equity and liabilities | 10/49 | €60,385 | €84,930 | +€24,545 | +40.6% |
| Equity | 10/15 | €53,756 | €77,631 | +€23,874 | +44.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,756 | €75,631 | +€23,874 | +46.1% |
| Amounts payable | 17/49 | €6,629 | €7,300 | +€671 | +10.1% |
| Amounts payable within one year | 42/48 | €6,629 | €7,300 | +€671 | +10.1% |
| Trade debts | 44 | €4,661 | €3,848 | -€812 | -17.4% |
| Suppliers | 440/4 | €4,661 | €3,848 | -€812 | -17.4% |
| Taxes, remuneration and social security | 45 | €1,968 | €3,452 | +€1,483 | +75.4% |
| Taxes | 450/3 | €1,968 | €578 | -€1,390 | -70.6% |
| Remuneration and social security | 454/9 | - | €2,873 | +€2,873 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,369 | €1,369 | = | 0.0% |
| Other operating charges | 640/8 | €509 | €372 | -€138 | -27.1% |
| Gross operating margin | 9900 | €34,573 | €31,408 | -€3,165 | -9.2% |
| Operating profit (loss) | 9901 | €32,695 | €29,668 | -€3,027 | -9.3% |
| Financial income | 75/76B | - | €69 | +€69 | |
| Recurring financial income | 75 | - | €69 | +€69 | |
| Financial charges | 65/66B | €423 | €151 | -€273 | -64.4% |
| Recurring financial charges | 65 | €423 | €151 | -€273 | -64.4% |
| Profit (loss) for the period before taxes | 9903 | €32,272 | €29,587 | -€2,685 | -8.3% |
| Income taxes | 67/77 | - | €5,712 | +€5,712 | |
| Profit (loss) for the period | 9904 | €32,272 | €23,874 | -€8,397 | -26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,272 | €23,874 | -€8,397 | -26.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.