ITLAB: 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.
ITLAB
Largest movements
- Receivables within one year -€2,146
down €2,146 (-12.7%), from €16,962 to €14,816
of which Other amounts receivable: -€2,047
- Tangible fixed assets -€1,173
down €1,173 (-41.6%), from €2,818 to €1,645
- Cash +€494
up €494 (+9.7%), from €5,092 to €5,586
mainly Receivables within one year (+€2,146) and Depreciation (+€1,173)
- Tax, wage and social debts -€2,877
down €2,877 (-21.2%), from €13,550 to €10,673
of which Remuneration and social security: -€2,012
- Short-term financial debts +€398
new in 2025: €398
- Trade debts -€320
down €320 (-21.8%), from €1,469 to €1,149
- Gross operating margin +€10,463
up €10,463, from -€7,861 to €2,602
- Depreciation +€579
up €579 (+97.5%), from €594 to €1,173
- Financial charges -€325
down €325 (-59.6%), from €545 to €220
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 | €25,304 | €22,693 | -€2,611 | -10.3% |
| Fixed assets | 21/28 | €2,843 | €1,670 | -€1,173 | -41.3% |
| Tangible fixed assets | 22/27 | €2,818 | €1,645 | -€1,173 | -41.6% |
| Furniture and vehicles | 24 | €2,818 | €1,645 | -€1,173 | -41.6% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €22,461 | €21,023 | -€1,438 | -6.4% |
| Amounts receivable within one year | 40/41 | €16,962 | €14,816 | -€2,146 | -12.7% |
| Trade receivables | 40 | €14,915 | €14,816 | -€99 | -0.7% |
| Other amounts receivable | 41 | €2,047 | - | -€2,047 | |
| Cash at bank and in hand | 54/58 | €5,092 | €5,586 | +€494 | +9.7% |
| Deferred charges and accrued income | 490/1 | €407 | €621 | +€214 | +52.6% |
| Total equity and liabilities | 10/49 | €25,304 | €22,693 | -€2,611 | -10.3% |
| Equity | 10/15 | €10,240 | €10,473 | +€233 | +2.3% |
| Contributions | 10/11 | €9,200 | €9,200 | = | 0.0% |
| Reserves | 13 | €9,860 | €9,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,820 | -€8,587 | +€233 | +2.6% |
| Amounts payable | 17/49 | €15,064 | €12,220 | -€2,844 | -18.9% |
| Amounts payable within one year | 42/48 | €15,019 | €12,220 | -€2,799 | -18.6% |
| Financial debts | 43 | - | €398 | +€398 | |
| Credit institutions | 430/8 | - | €398 | +€398 | |
| Trade debts | 44 | €1,469 | €1,149 | -€320 | -21.8% |
| Suppliers | 440/4 | €1,469 | €1,149 | -€320 | -21.8% |
| Taxes, remuneration and social security | 45 | €13,550 | €10,673 | -€2,877 | -21.2% |
| Taxes | 450/3 | €2,780 | €1,915 | -€865 | -31.1% |
| Remuneration and social security | 454/9 | €10,770 | €8,758 | -€2,012 | -18.7% |
| Accrued charges and deferred income | 492/3 | €45 | - | -€45 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €594 | €1,173 | +€579 | +97.5% |
| Other operating charges | 640/8 | €781 | €807 | +€26 | +3.3% |
| Non-recurring operating charges | 66A | €165 | - | -€165 | |
| Gross operating margin | 9900 | -€7,861 | €2,602 | +€10,463 | |
| Operating profit (loss) | 9901 | -€9,401 | €622 | +€10,023 | |
| Financial income | 75/76B | €5 | €11 | +€6 | +120.0% |
| Recurring financial income | 75 | €5 | €11 | +€6 | +120.0% |
| Financial charges | 65/66B | €545 | €220 | -€325 | -59.6% |
| Recurring financial charges | 65 | €545 | €220 | -€325 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,941 | €413 | +€10,354 | |
| Income taxes | 67/77 | €151 | €180 | +€29 | +19.2% |
| Profit (loss) for the period | 9904 | -€10,092 | €233 | +€10,325 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,092 | €233 | +€10,325 |
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 29 September 2026 via checked.be.