Itilit: 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.
Itilit
Largest movements
- Tangible fixed assets +€47,205
up €47,205 (+1,860%), from €2,538 to €49,743
of which Furniture and vehicles: +€46,280
- Receivables within one year -€16,459
down €16,459 (-38.5%), from €42,751 to €26,291
of which Trade receivables: -€8,236
- Cash -€4,588
down €4,588 (-4.7%), from €98,596 to €94,008
mainly Contributions, distributions and other (-€65,000) and Investment in fixed assets (net) (-€48,946)
- Other debts +€40,999
up €40,999 (+234%), from €17,500 to €58,499
- Profit (loss) carried forward -€13,858
down €13,858 (-17.4%), from €79,698 to €65,841
- Trade debts -€10,826
down €10,826 (-65.8%), from €16,445 to €5,619
- Tax, wage and social debts +€9,084
up €9,084 (+105%), from €8,639 to €17,723
- Gross operating margin +€12,832
up €12,832 (+23.2%), from €55,285 to €68,117
- Depreciation -€9,636
down €9,636 (-84.7%), from €11,377 to €1,741
- Taxes +€7,792
up €7,792 (+143%), from €5,431 to €13,223
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 | €145,633 | €171,513 | +€25,881 | +17.8% |
| Fixed assets | 21/28 | €2,538 | €49,743 | +€47,205 | +1,860% |
| Tangible fixed assets | 22/27 | €2,538 | €49,743 | +€47,205 | +1,860% |
| Plant, machinery and equipment | 23 | €130 | €1,055 | +€925 | +714% |
| Furniture and vehicles | 24 | €2,408 | €48,688 | +€46,280 | +1,922% |
| Current assets | 29/58 | €143,095 | €121,771 | -€21,324 | -14.9% |
| Amounts receivable within one year | 40/41 | €42,751 | €26,291 | -€16,459 | -38.5% |
| Trade receivables | 40 | €29,958 | €21,722 | -€8,236 | -27.5% |
| Other amounts receivable | 41 | €12,793 | €4,569 | -€8,224 | -64.3% |
| Cash at bank and in hand | 54/58 | €98,596 | €94,008 | -€4,588 | -4.7% |
| Deferred charges and accrued income | 490/1 | €1,748 | €1,471 | -€277 | -15.8% |
| Total equity and liabilities | 10/49 | €145,633 | €171,513 | +€25,881 | +17.8% |
| Equity | 10/15 | €100,158 | €86,301 | -€13,858 | -13.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,698 | €65,841 | -€13,858 | -17.4% |
| Amounts payable | 17/49 | €45,474 | €85,213 | +€39,738 | +87.4% |
| Amounts payable within one year | 42/48 | €45,291 | €85,213 | +€39,922 | +88.1% |
| Current portion of amounts payable after more than one year | 42 | €2,707 | €3,372 | +€665 | +24.6% |
| Trade debts | 44 | €16,445 | €5,619 | -€10,826 | -65.8% |
| Suppliers | 440/4 | €16,445 | €5,619 | -€10,826 | -65.8% |
| Taxes, remuneration and social security | 45 | €8,639 | €17,723 | +€9,084 | +105% |
| Taxes | 450/3 | €8,639 | €17,723 | +€9,084 | +105% |
| Other amounts payable | 47/48 | €17,500 | €58,499 | +€40,999 | +234% |
| Accrued charges and deferred income | 492/3 | €183 | €0 | -€183 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,377 | €1,741 | -€9,636 | -84.7% |
| Other operating charges | 640/8 | €1,299 | €1,525 | +€226 | +17.4% |
| Gross operating margin | 9900 | €55,285 | €68,117 | +€12,832 | +23.2% |
| Operating profit (loss) | 9901 | €42,609 | €64,851 | +€22,242 | +52.2% |
| Financial income | 75/76B | €110 | €10 | -€100 | -91.0% |
| Recurring financial income | 75 | €110 | €10 | -€100 | -91.0% |
| Financial charges | 65/66B | €480 | €496 | +€16 | +3.3% |
| Recurring financial charges | 65 | €480 | €496 | +€16 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €42,240 | €64,365 | +€22,126 | +52.4% |
| Income taxes | 67/77 | €5,431 | €13,223 | +€7,792 | +143% |
| Profit (loss) for the period | 9904 | €36,809 | €51,142 | +€14,333 | +38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,809 | €51,142 | +€14,333 | +38.9% |
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 13 October 2026 via checked.be.