ITIZEN: 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.
ITIZEN
Largest movements
- Receivables within one year +€219,301
up €219,301 (+72,138%), from €304 to €219,605
of which Other amounts receivable: +€219,500
- Other debts +€164,750
up €164,750 (+29.1%), from €565,705 to €730,455
- Profit (loss) carried forward +€49,979
up €49,979 (+516%), from €9,687 to €59,666
- Gross operating margin +€15,636
up €15,636 (+55.7%), from €28,075 to €43,711
- Taxes -€14,750
down €14,750, from €7,375 to -€7,375
- Financial income +€10,000
up €10,000 (+5.3%), from €190,000 to €200,000
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 | €1,555,928 | €1,765,787 | +€209,859 | +13.5% |
| Fixed assets | 21/28 | €1,500,000 | €1,500,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,500,000 | €1,500,000 | = | 0.0% |
| Current assets | 29/58 | €55,928 | €265,787 | +€209,859 | +375% |
| Amounts receivable within one year | 40/41 | €304 | €219,605 | +€219,301 | +72,138% |
| Trade receivables | 40 | €304 | €105 | -€199 | -65.5% |
| Other amounts receivable | 41 | - | €219,500 | +€219,500 | |
| Cash at bank and in hand | 54/58 | €55,624 | €46,182 | -€9,442 | -17.0% |
| Total equity and liabilities | 10/49 | €1,555,928 | €1,765,787 | +€209,859 | +13.5% |
| Equity | 10/15 | €980,718 | €1,030,697 | +€49,979 | +5.1% |
| Contributions | 10/11 | €212,500 | €212,500 | = | 0.0% |
| Capital | 10 | €212,500 | €212,500 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Uncalled capital | 101 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €758,531 | €758,531 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €733,531 | €733,531 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,687 | €59,666 | +€49,979 | +516% |
| Amounts payable | 17/49 | €575,210 | €735,090 | +€159,880 | +27.8% |
| Amounts payable within one year | 42/48 | €575,210 | €735,090 | +€159,880 | +27.8% |
| Trade debts | 44 | €616 | - | -€616 | |
| Suppliers | 440/4 | €616 | - | -€616 | |
| Taxes, remuneration and social security | 45 | €8,889 | €4,635 | -€4,254 | -47.9% |
| Taxes | 450/3 | €8,889 | €4,635 | -€4,254 | -47.9% |
| Other amounts payable | 47/48 | €565,705 | €730,455 | +€164,750 | +29.1% |
| Other operating charges | 640/8 | €967 | €1,064 | +€97 | +10.0% |
| Gross operating margin | 9900 | €28,075 | €43,711 | +€15,636 | +55.7% |
| Operating profit (loss) | 9901 | €27,108 | €42,647 | +€15,539 | +57.3% |
| Financial income | 75/76B | €190,000 | €200,000 | +€10,000 | +5.3% |
| Recurring financial income | 75 | €190,000 | €200,000 | +€10,000 | +5.3% |
| Financial charges | 65/66B | €46 | €43 | -€3 | -6.5% |
| Recurring financial charges | 65 | €46 | €43 | -€3 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €217,062 | €242,604 | +€25,542 | +11.8% |
| Income taxes | 67/77 | €7,375 | -€7,375 | -€14,750 | |
| Profit (loss) for the period | 9904 | €209,687 | €249,979 | +€40,292 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €209,687 | €249,979 | +€40,292 | +19.2% |
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 21 October 2026 via checked.be.