Itmax Consulting: 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.
Itmax Consulting
Largest movements
- Receivables within one year +€18,789
up €18,789 (+276%), from €6,806 to €25,594
of which Trade receivables: +€22,141
- Cash +€3,975
up €3,975 (+2.4%), from €164,543 to €168,518
mainly Net result for the year (+€73,723) and Tax, wage and social debts (+€50,865)
- Tangible fixed assets +€3,194
up €3,194 (+15.3%), from €20,927 to €24,121
of which Plant, machinery and equipment: +€3,194
- Tax, wage and social debts +€50,865
up €50,865 (+77.9%), from €65,285 to €116,150
of which Taxes: +€50,365
- Other debts -€25,361
down €25,361 (-26.5%), from €95,772 to €70,411
- Turnover +€43,404
up €43,404 (+22.0%), from €196,910 to €240,313
- Taxes +€39,207
up €39,207 (+135%), from €28,973 to €68,180
- Gross operating margin +€22,841
up €22,841 (+16.2%), from €140,756 to €163,596
- Depreciation -€6,868
no longer reported in 2025 (was €6,868)
- Purchases and services +€4,374
up €4,374 (+6.0%), from €72,643 to €77,017
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 | €193,504 | €218,836 | +€25,332 | +13.1% |
| Fixed assets | 21/28 | €21,530 | €24,724 | +€3,194 | +14.8% |
| Tangible fixed assets | 22/27 | €20,927 | €24,121 | +€3,194 | +15.3% |
| Plant, machinery and equipment | 23 | €2,473 | €5,668 | +€3,194 | +129% |
| Furniture and vehicles | 24 | €18,454 | €18,454 | = | 0.0% |
| Financial fixed assets | 28 | €603 | €603 | = | 0.0% |
| Current assets | 29/58 | €171,975 | €194,112 | +€22,138 | +12.9% |
| Amounts receivable within one year | 40/41 | €6,806 | €25,594 | +€18,789 | +276% |
| Trade receivables | 40 | €470 | €22,611 | +€22,141 | +4,708% |
| Other amounts receivable | 41 | €6,335 | €2,983 | -€3,352 | -52.9% |
| Cash at bank and in hand | 54/58 | €164,543 | €168,518 | +€3,975 | +2.4% |
| Deferred charges and accrued income | 490/1 | €626 | - | -€626 | |
| Total equity and liabilities | 10/49 | €193,504 | €218,836 | +€25,332 | +13.1% |
| Equity | 10/15 | €31,487 | €30,210 | -€1,277 | -4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €11,027 | €9,750 | -€1,277 | -11.6% |
| Amounts payable | 17/49 | €162,017 | €188,626 | +€26,609 | +16.4% |
| Amounts payable within one year | 42/48 | €162,017 | €188,626 | +€26,609 | +16.4% |
| Trade debts | 44 | €960 | €2,065 | +€1,104 | +115% |
| Suppliers | 440/4 | €960 | €2,065 | +€1,104 | +115% |
| Taxes, remuneration and social security | 45 | €65,285 | €116,150 | +€50,865 | +77.9% |
| Taxes | 450/3 | €56,554 | €106,919 | +€50,365 | +89.1% |
| Remuneration and social security | 454/9 | €8,731 | €9,231 | +€500 | +5.7% |
| Other amounts payable | 47/48 | €95,772 | €70,411 | -€25,361 | -26.5% |
| Turnover | 70 | €196,910 | €240,313 | +€43,404 | +22.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €72,643 | €77,017 | +€4,374 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,868 | - | -€6,868 | |
| Other operating charges | 640/8 | €23,539 | €21,648 | -€1,890 | -8.0% |
| Gross operating margin | 9900 | €140,756 | €163,596 | +€22,841 | +16.2% |
| Operating profit (loss) | 9901 | €110,349 | €141,948 | +€31,599 | +28.6% |
| Financial income | 75/76B | €147 | - | -€147 | |
| Recurring financial income | 75 | €147 | - | -€147 | |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €110,452 | €141,903 | +€31,450 | +28.5% |
| Income taxes | 67/77 | €28,973 | €68,180 | +€39,207 | +135% |
| Profit (loss) for the period | 9904 | €81,480 | €73,723 | -€7,757 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €81,480 | €73,723 | -€7,757 | -9.5% |
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 17 October 2026 via checked.be.