ITMP: 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.
ITMP
Largest movements
- Cash +€24,208
up €24,208 (+41.0%), from €58,989 to €83,197
mainly Net result for the year (+€53,122) and Tax, wage and social debts (+€10,644)
- Current investments +€24,166
up €24,166 (+75.5%), from €32,029 to €56,196
- Receivables within one year -€3,750
down €3,750 (-8.8%), from €42,823 to €39,073
of which Trade receivables: -€15,250
- Tangible fixed assets +€1,921
up €1,921 (+78.8%), from €2,439 to €4,361
of which Furniture and vehicles: +€2,107
- Profit (loss) carried forward +€41,358
up €41,358 (+50.2%), from €82,424 to €123,782
- Tax, wage and social debts +€10,644
up €10,644 (+59.8%), from €17,795 to €28,439
- Other debts -€5,282
down €5,282 (-31.2%), from €16,949 to €11,667
- Taxes +€5,288
up €5,288 (+32.2%), from €16,443 to €21,732
- Other operating charges +€1,217
up €1,217 (+339.1%), from €359 to €1,576
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 | €138,921 | €184,938 | +€46,017 | +33.1% |
| Fixed assets | 21/28 | €2,439 | €4,361 | +€1,921 | +78.8% |
| Tangible fixed assets | 22/27 | €2,439 | €4,361 | +€1,921 | +78.8% |
| Plant, machinery and equipment | 23 | €1,561 | €1,376 | -€186 | -11.9% |
| Furniture and vehicles | 24 | €878 | €2,985 | +€2,107 | +239.9% |
| Current assets | 29/58 | €136,482 | €180,578 | +€44,096 | +32.3% |
| Amounts receivable within one year | 40/41 | €42,823 | €39,073 | -€3,750 | -8.8% |
| Trade receivables | 40 | €32,323 | €17,073 | -€15,250 | -47.2% |
| Other amounts receivable | 41 | €10,500 | €22,000 | +€11,500 | +109.5% |
| Current investments | 50/53 | €32,029 | €56,196 | +€24,166 | +75.5% |
| Cash at bank and in hand | 54/58 | €58,989 | €83,197 | +€24,208 | +41.0% |
| Deferred charges and accrued income | 490/1 | €2,640 | €2,112 | -€528 | -20.0% |
| Total equity and liabilities | 10/49 | €138,921 | €184,938 | +€46,017 | +33.1% |
| Equity | 10/15 | €102,834 | €144,192 | +€41,358 | +40.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,424 | €123,782 | +€41,358 | +50.2% |
| Amounts payable | 17/49 | €36,087 | €40,746 | +€4,660 | +12.9% |
| Amounts payable within one year | 42/48 | €36,087 | €40,746 | +€4,660 | +12.9% |
| Trade debts | 44 | €1,342 | €640 | -€702 | -52.3% |
| Suppliers | 440/4 | €1,342 | €640 | -€702 | -52.3% |
| Taxes, remuneration and social security | 45 | €17,795 | €28,439 | +€10,644 | +59.8% |
| Taxes | 450/3 | €17,795 | €28,439 | +€10,644 | +59.8% |
| Other amounts payable | 47/48 | €16,949 | €11,667 | -€5,282 | -31.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,760 | €1,760 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,163 | €1,358 | +€195 | +16.8% |
| Other operating charges | 640/8 | €359 | €1,576 | +€1,217 | +339.1% |
| Gross operating margin | 9900 | €79,810 | €79,630 | -€180 | -0.2% |
| Operating profit (loss) | 9901 | €76,528 | €74,936 | -€1,592 | -2.1% |
| Financial income | 75/76B | €42 | €813 | +€770 | +1826.9% |
| Recurring financial income | 75 | €42 | €813 | +€770 | +1826.9% |
| Financial charges | 65/66B | €1,221 | €895 | -€327 | -26.7% |
| Recurring financial charges | 65 | €1,221 | €895 | -€327 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €75,349 | €74,854 | -€495 | -0.7% |
| Income taxes | 67/77 | €16,443 | €21,732 | +€5,288 | +32.2% |
| Profit (loss) for the period | 9904 | €58,906 | €53,122 | -€5,784 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €58,906 | €53,122 | -€5,784 | -9.8% |
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 3 October 2026 via checked.be.