ITMIND: 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.
ITMIND
Largest movements
- Cash +€26,149
up €26,149 (+232.5%), from €11,249 to €37,398
mainly Net result for the year (+€43,685) and Depreciation (+€18,405)
- Tangible fixed assets -€15,193
down €15,193 (-27.6%), from €55,030 to €39,837
of which Furniture and vehicles: -€11,521
- Intangible fixed assets +€9,600
new in 2025: €9,600
- Receivables within one year -€2,787
down €2,787 (-5.8%), from €48,249 to €45,462
of which Other amounts receivable: -€2,495
- Profit (loss) carried forward +€43,685
up €43,685 (+132.0%), from €33,095 to €76,780
- Tax, wage and social debts -€19,690
no longer reported in 2025 (was €19,690)
of which Taxes: -€15,450
- Trade debts -€6,180
down €6,180 (-54.8%), from €11,287 to €5,107
- Gross operating margin -€27,408
down €27,408 (-20.3%), from €135,238 to €107,830
- Taxes -€9,515
down €9,515 (-48.8%), from €19,515 to €10,000
- Depreciation +€2,970
up €2,970 (+19.2%), from €15,435 to €18,405
- Financial charges -€1,597
down €1,597 (-82.0%), from €1,948 to €351
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 | €115,622 | €133,391 | +€17,769 | +15.4% |
| Fixed assets | 21/28 | €55,030 | €49,437 | -€5,593 | -10.2% |
| Intangible fixed assets | 21 | - | €9,600 | +€9,600 | |
| Tangible fixed assets | 22/27 | €55,030 | €39,837 | -€15,193 | -27.6% |
| Furniture and vehicles | 24 | €40,343 | €28,822 | -€11,521 | -28.6% |
| Other tangible fixed assets | 26 | €14,687 | €11,015 | -€3,672 | -25.0% |
| Current assets | 29/58 | €60,592 | €83,954 | +€23,362 | +38.6% |
| Amounts receivable within one year | 40/41 | €48,249 | €45,462 | -€2,787 | -5.8% |
| Trade receivables | 40 | €45,674 | €45,382 | -€292 | -0.6% |
| Other amounts receivable | 41 | €2,575 | €80 | -€2,495 | -96.9% |
| Cash at bank and in hand | 54/58 | €11,249 | €37,398 | +€26,149 | +232.5% |
| Deferred charges and accrued income | 490/1 | €1,094 | €1,094 | +€0 | 0.0% |
| Total equity and liabilities | 10/49 | €115,622 | €133,391 | +€17,769 | +15.4% |
| Equity | 10/15 | €51,645 | €95,330 | +€43,685 | +84.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,095 | €76,780 | +€43,685 | +132.0% |
| Amounts payable | 17/49 | €63,977 | €38,061 | -€25,916 | -40.5% |
| Amounts payable within one year | 42/48 | €63,977 | €38,061 | -€25,916 | -40.5% |
| Trade debts | 44 | €11,287 | €5,107 | -€6,180 | -54.8% |
| Suppliers | 440/4 | €11,287 | €5,107 | -€6,180 | -54.8% |
| Taxes, remuneration and social security | 45 | €19,690 | - | -€19,690 | |
| Taxes | 450/3 | €15,450 | - | -€15,450 | |
| Remuneration and social security | 454/9 | €4,240 | - | -€4,240 | |
| Other amounts payable | 47/48 | €33,000 | €32,954 | -€46 | -0.1% |
| Remuneration, social security and pensions | 62 | €32,146 | €33,370 | +€1,224 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,435 | €18,405 | +€2,970 | +19.2% |
| Other operating charges | 640/8 | €722 | €2,019 | +€1,297 | +179.5% |
| Gross operating margin | 9900 | €135,238 | €107,830 | -€27,408 | -20.3% |
| Operating profit (loss) | 9901 | €86,935 | €54,036 | -€32,899 | -37.8% |
| Financial charges | 65/66B | €1,948 | €351 | -€1,597 | -82.0% |
| Recurring financial charges | 65 | €1,948 | €351 | -€1,597 | -82.0% |
| Profit (loss) for the period before taxes | 9903 | €84,987 | €53,685 | -€31,302 | -36.8% |
| Income taxes | 67/77 | €19,515 | €10,000 | -€9,515 | -48.8% |
| Profit (loss) for the period | 9904 | €65,472 | €43,685 | -€21,787 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65,472 | €43,685 | -€21,787 | -33.3% |
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 2 October 2026 via checked.be.