Itinck: 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.
Itinck
Largest movements
- Tangible fixed assets +€57,616
up €57,616 (+27.1%), from €212,800 to €270,416
of which Furniture and vehicles: +€57,616
- Cash +€40,212
up €40,212 (+336.0%), from €11,969 to €52,181
mainly Other debts (+€155,554) and Net result for the year (+€142,832)
- Receivables after one year +€31,118
up €31,118 (+375.7%), from €8,283 to €39,401
- Intangible fixed assets -€30,000
down €30,000 (-16.7%), from €180,000 to €150,000
- Current investments -€24,735
down €24,735 (-10.0%), from €246,862 to €222,126
- Other debts +€155,554
up €155,554 (+1871.6%), from €8,311 to €163,865
- Debts after one year -€30,160
down €30,160 (-20.4%), from €148,153 to €117,993
- Profit (loss) carried forward -€26,101
down €26,101 (-100.0%), from €26,101 to €0
- Reserves -€20,481
down €20,481 (-4.3%), from €471,287 to €450,805
- Tax, wage and social debts -€9,500
down €9,500 (-100.0%), from €9,500 to €0
- Gross operating margin -€16,482
down €16,482 (-6.9%), from €239,398 to €222,916
- Depreciation +€16,384
up €16,384 (+54.6%), from €30,000 to €46,384
- Taxes -€7,178
down €7,178 (-14.7%), from €48,811 to €41,633
- Financial income +€4,865
up €4,865 (+87.5%), from €5,562 to €10,427
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 | €697,951 | €765,824 | +€67,872 | +9.7% |
| Fixed assets | 21/28 | €392,800 | €420,416 | +€27,616 | +7.0% |
| Intangible fixed assets | 21 | €180,000 | €150,000 | -€30,000 | -16.7% |
| Tangible fixed assets | 22/27 | €212,800 | €270,416 | +€57,616 | +27.1% |
| Land and buildings | 22 | €212,800 | €212,800 | = | 0.0% |
| Furniture and vehicles | 24 | - | €57,616 | +€57,616 | |
| Current assets | 29/58 | €305,151 | €345,407 | +€40,256 | +13.2% |
| Amounts receivable after more than one year | 29 | €8,283 | €39,401 | +€31,118 | +375.7% |
| Other amounts receivable | 291 | €8,283 | €39,401 | +€31,118 | +375.7% |
| Amounts receivable within one year | 40/41 | €19,797 | €12,569 | -€7,227 | -36.5% |
| Other amounts receivable | 41 | €19,797 | €12,569 | -€7,227 | -36.5% |
| Current investments | 50/53 | €246,862 | €222,126 | -€24,735 | -10.0% |
| Cash at bank and in hand | 54/58 | €11,969 | €52,181 | +€40,212 | +336.0% |
| Deferred charges and accrued income | 490/1 | €18,241 | €19,130 | +€889 | +4.9% |
| Total equity and liabilities | 10/49 | €697,951 | €765,824 | +€67,872 | +9.7% |
| Equity | 10/15 | €500,388 | €453,805 | -€46,583 | -9.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €471,287 | €450,805 | -€20,481 | -4.3% |
| Distributable reserves | 133 | €471,287 | €450,805 | -€20,481 | -4.3% |
| Profit (loss) carried forward | 14 | €26,101 | €0 | -€26,101 | -100.0% |
| Amounts payable | 17/49 | €197,563 | €312,018 | +€114,455 | +57.9% |
| Amounts payable after more than one year | 17 | €148,153 | €117,993 | -€30,160 | -20.4% |
| Financial debts | 170/4 | €148,153 | €117,993 | -€30,160 | -20.4% |
| Amounts payable within one year | 42/48 | €49,410 | €194,025 | +€144,615 | +292.7% |
| Current portion of amounts payable after more than one year | 42 | €29,907 | €30,160 | +€253 | +0.8% |
| Trade debts | 44 | €1,692 | €0 | -€1,692 | -100.0% |
| Suppliers | 440/4 | €1,692 | €0 | -€1,692 | -100.0% |
| Taxes, remuneration and social security | 45 | €9,500 | €0 | -€9,500 | -100.0% |
| Taxes | 450/3 | €9,500 | €0 | -€9,500 | -100.0% |
| Other amounts payable | 47/48 | €8,311 | €163,865 | +€155,554 | +1871.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,000 | €46,384 | +€16,384 | +54.6% |
| Other operating charges | 640/8 | €1,200 | €969 | -€231 | -19.2% |
| Gross operating margin | 9900 | €239,398 | €222,916 | -€16,482 | -6.9% |
| Operating profit (loss) | 9901 | €208,198 | €175,563 | -€32,635 | -15.7% |
| Financial income | 75/76B | €5,562 | €10,427 | +€4,865 | +87.5% |
| Recurring financial income | 75 | €5,562 | €10,427 | +€4,865 | +87.5% |
| Financial charges | 65/66B | €1,636 | €1,525 | -€111 | -6.8% |
| Recurring financial charges | 65 | €1,636 | €1,525 | -€111 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €212,125 | €184,465 | -€27,660 | -13.0% |
| Income taxes | 67/77 | €48,811 | €41,633 | -€7,178 | -14.7% |
| Profit (loss) for the period | 9904 | €163,314 | €142,832 | -€20,481 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €163,314 | €142,832 | -€20,481 | -12.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.