ITIUM: what changed
ITIUM
Largest movements
- Receivables within one year +€24,336
up €24,336 (+26.3%), from €92,491 to €116,827
of which Other amounts receivable: +€23,517
- Cash +€5,572
up €5,572 (+15.7%), from €35,474 to €41,045
mainly Other debts (+€31,685) and Net result for the year (+€17,309)
- Tangible fixed assets -€3,335
down €3,335 (-54.4%), from €6,136 to €2,801
of which Furniture and vehicles: -€2,872
- Other debts +€31,685
new in 2025: €31,685
- Reserves -€14,376
down €14,376 (-22.8%), from €62,975 to €48,600
- Tax, wage and social debts +€7,432
up €7,432 (+72.9%), from €10,194 to €17,626
- Gross operating margin -€5,271
down €5,271 (-15.6%), from €33,890 to €28,618
- Taxes -€918
down €918 (-10.8%), from €8,498 to €7,580
- Financial charges -€618
down €618 (-58.6%), from €1,056 to €438
of which Non-recurring financial charges: -€1,056
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,076 | €163,474 | +€25,398 | +18.4% |
| Fixed assets | 21/28 | €6,207 | €2,872 | -€3,335 | -53.7% |
| Tangible fixed assets | 22/27 | €6,136 | €2,801 | -€3,335 | -54.4% |
| Plant, machinery and equipment | 23 | €1,492 | €1,028 | -€464 | -31.1% |
| Furniture and vehicles | 24 | €4,644 | €1,772 | -€2,872 | -61.8% |
| Financial fixed assets | 28 | €71 | €71 | = | 0.0% |
| Current assets | 29/58 | €131,869 | €160,602 | +€28,733 | +21.8% |
| Amounts receivable within one year | 40/41 | €92,491 | €116,827 | +€24,336 | +26.3% |
| Trade receivables | 40 | €21,689 | €22,508 | +€819 | +3.8% |
| Other amounts receivable | 41 | €70,802 | €94,319 | +€23,517 | +33.2% |
| Cash at bank and in hand | 54/58 | €35,474 | €41,045 | +€5,572 | +15.7% |
| Deferred charges and accrued income | 490/1 | €3,904 | €2,730 | -€1,174 | -30.1% |
| Total equity and liabilities | 10/49 | €138,076 | €163,474 | +€25,398 | +18.4% |
| Equity | 10/15 | €124,338 | €109,962 | -€14,376 | -11.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €62,975 | €48,600 | -€14,376 | -22.8% |
| Distributable reserves | 133 | €62,975 | €48,600 | -€14,376 | -22.8% |
| Profit (loss) carried forward | 14 | €55,163 | €55,163 | = | 0.0% |
| Amounts payable | 17/49 | €13,738 | €53,512 | +€39,774 | +290% |
| Amounts payable within one year | 42/48 | €13,738 | €53,512 | +€39,774 | +290% |
| Trade debts | 44 | €3,544 | €4,202 | +€657 | +18.6% |
| Suppliers | 440/4 | €3,544 | €4,202 | +€657 | +18.6% |
| Taxes, remuneration and social security | 45 | €10,194 | €17,626 | +€7,432 | +72.9% |
| Taxes | 450/3 | €10,194 | €17,626 | +€7,432 | +72.9% |
| Other amounts payable | 47/48 | - | €31,685 | +€31,685 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,543 | €3,335 | -€207 | -5.9% |
| Other operating charges | 640/8 | €15 | - | -€15 | |
| Gross operating margin | 9900 | €33,890 | €28,618 | -€5,271 | -15.6% |
| Operating profit (loss) | 9901 | €30,331 | €25,283 | -€5,048 | -16.6% |
| Financial income | 75/76B | €320 | €44 | -€276 | -86.3% |
| Recurring financial income | 75 | €320 | €44 | -€276 | -86.3% |
| Non-recurring financial income | 76B | €320 | - | -€320 | |
| Financial charges | 65/66B | €1,056 | €438 | -€618 | -58.6% |
| Recurring financial charges | 65 | €1,056 | €438 | -€618 | -58.6% |
| Non-recurring financial charges | 66B | €1,056 | - | -€1,056 | |
| Profit (loss) for the period before taxes | 9903 | €29,596 | €24,889 | -€4,706 | -15.9% |
| Income taxes | 67/77 | €8,498 | €7,580 | -€918 | -10.8% |
| Profit (loss) for the period | 9904 | €21,098 | €17,309 | -€3,789 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,098 | €17,309 | -€3,789 | -18.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.