ITISCO: 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.
ITISCO
Largest movements
- Cash +€21,177
up €21,177 (+2070.6%), from €1,023 to €22,200
mainly Current portion of long-term debt (+€70,444) and Depreciation (+€13,134)
- Tangible fixed assets -€11,620
down €11,620 (-7.2%), from €160,643 to €149,023
of which Other tangible fixed assets: -€11,640
- Current portion of long-term debt +€70,444
up €70,444 (+865.8%), from €8,137 to €78,580
- Profit (loss) carried forward -€40,417
down €40,417 (-80.6%), from -€50,151 to -€90,568
- Short-term financial debts -€23,362
down €23,362 (-100.0%), from €23,362 to €0
of which Other loans: -€20,000
- Debts after one year -€8,580
down €8,580 (-10.0%), from €85,405 to €76,825
- Other debts +€5,980
up €5,980 (+332.2%), from €1,800 to €7,780
- Gross operating margin +€13,005
up €13,005 (+40.2%), from -€32,366 to -€19,361
- Depreciation +€3,691
up €3,691 (+39.1%), from €9,443 to €13,134
- Other operating charges -€481
down €481 (-58.0%), from €829 to €348
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 | €175,812 | €182,237 | +€6,425 | +3.7% |
| Fixed assets | 21/28 | €160,643 | €149,023 | -€11,620 | -7.2% |
| Tangible fixed assets | 22/27 | €160,643 | €149,023 | -€11,620 | -7.2% |
| Plant, machinery and equipment | 23 | €3,645 | €3,367 | -€279 | -7.6% |
| Furniture and vehicles | 24 | €697 | €995 | +€299 | +42.9% |
| Other tangible fixed assets | 26 | €156,301 | €144,661 | -€11,640 | -7.4% |
| Current assets | 29/58 | €15,169 | €33,214 | +€18,045 | +119.0% |
| Stocks and contracts in progress | 3 | €7,462 | €5,758 | -€1,703 | -22.8% |
| Stocks | 30/36 | €7,462 | €5,758 | -€1,703 | -22.8% |
| Amounts receivable within one year | 40/41 | €6,321 | €4,794 | -€1,527 | -24.2% |
| Trade receivables | 40 | €1,064 | €4,434 | +€3,370 | +316.7% |
| Other amounts receivable | 41 | €5,257 | €360 | -€4,897 | -93.1% |
| Cash at bank and in hand | 54/58 | €1,023 | €22,200 | +€21,177 | +2070.6% |
| Deferred charges and accrued income | 490/1 | €364 | €462 | +€98 | +26.9% |
| Total equity and liabilities | 10/49 | €175,812 | €182,237 | +€6,425 | +3.7% |
| Equity | 10/15 | €49,849 | €9,432 | -€40,417 | -81.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,151 | -€90,568 | -€40,417 | -80.6% |
| Amounts payable | 17/49 | €125,963 | €172,805 | +€46,842 | +37.2% |
| Amounts payable after more than one year | 17 | €85,405 | €76,825 | -€8,580 | -10.0% |
| Financial debts | 170/4 | €85,405 | €76,825 | -€8,580 | -10.0% |
| Amounts payable within one year | 42/48 | €40,143 | €94,363 | +€54,221 | +135.1% |
| Current portion of amounts payable after more than one year | 42 | €8,137 | €78,580 | +€70,444 | +865.8% |
| Financial debts | 43 | €23,362 | €0 | -€23,362 | -100.0% |
| Credit institutions | 430/8 | €3,362 | €0 | -€3,362 | -100.0% |
| Other loans | 439 | €20,000 | €0 | -€20,000 | -100.0% |
| Trade debts | 44 | €6,798 | €7,956 | +€1,158 | +17.0% |
| Suppliers | 440/4 | €6,798 | €7,956 | +€1,158 | +17.0% |
| Taxes, remuneration and social security | 45 | €46 | €47 | +€1 | +3.0% |
| Taxes | 450/3 | €46 | €47 | +€1 | +3.0% |
| Other amounts payable | 47/48 | €1,800 | €7,780 | +€5,980 | +332.2% |
| Accrued charges and deferred income | 492/3 | €415 | €1,616 | +€1,201 | +289.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,443 | €13,134 | +€3,691 | +39.1% |
| Other operating charges | 640/8 | €829 | €348 | -€481 | -58.0% |
| Gross operating margin | 9900 | -€32,366 | -€19,361 | +€13,005 | +40.2% |
| Operating profit (loss) | 9901 | -€42,638 | -€32,843 | +€9,795 | +23.0% |
| Financial income | 75/76B | €88 | €119 | +€32 | +35.8% |
| Recurring financial income | 75 | €88 | €119 | +€32 | +35.8% |
| Financial charges | 65/66B | €7,601 | €7,693 | +€93 | +1.2% |
| Recurring financial charges | 65 | €7,601 | €7,693 | +€93 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | -€50,151 | -€40,417 | +€9,734 | +19.4% |
| Profit (loss) for the period | 9904 | -€50,151 | -€40,417 | +€9,734 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€50,151 | -€40,417 | +€9,734 | +19.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.