ITPHONA: 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.
ITPHONA
Largest movements
- Receivables within one year -€11,364
down €11,364 (-39.2%), from €29,025 to €17,661
of which Trade receivables: -€12,965
- Tangible fixed assets +€5,345
up €5,345 (+80.5%), from €6,636 to €11,980
of which Furniture and vehicles: +€5,762
- Cash -€1,407
down €1,407 (-1.4%), from €103,933 to €102,526
mainly Contributions, distributions and other (-€12,500) and Tax, wage and social debts (-€7,566)
- Tax, wage and social debts -€7,566
no longer reported in 2025 (was €7,566)
of which Taxes: -€6,338
- Reserves +€2,467
up €2,467 (+2.0%), from €123,341 to €125,808
of which Distributable reserves: +€2,467
- Trade debts -€2,327
down €2,327 (-93.6%), from €2,487 to €160
- Taxes +€2,623
up €2,623 (+38.6%), from €6,799 to €9,422
- Financial charges +€2,411
up €2,411 (+123%), from €1,963 to €4,374
- Financial income +€454
up €454 (+43.4%), from €1,045 to €1,498
of which Financial income: +€873
- Gross operating margin +€352
up €352 (+1.2%), from €29,505 to €29,857
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 | €139,594 | €132,168 | -€7,426 | -5.3% |
| Fixed assets | 21/28 | €6,636 | €11,980 | +€5,345 | +80.5% |
| Tangible fixed assets | 22/27 | €6,636 | €11,980 | +€5,345 | +80.5% |
| Plant, machinery and equipment | 23 | €1,323 | €905 | -€418 | -31.6% |
| Furniture and vehicles | 24 | €2,242 | €8,005 | +€5,762 | +257% |
| Other tangible fixed assets | 26 | €3,071 | €3,071 | = | 0.0% |
| Current assets | 29/58 | €132,958 | €120,188 | -€12,771 | -9.6% |
| Amounts receivable within one year | 40/41 | €29,025 | €17,661 | -€11,364 | -39.2% |
| Trade receivables | 40 | €29,025 | €16,061 | -€12,965 | -44.7% |
| Other amounts receivable | 41 | - | €1,601 | +€1,601 | |
| Cash at bank and in hand | 54/58 | €103,933 | €102,526 | -€1,407 | -1.4% |
| Total equity and liabilities | 10/49 | €139,594 | €132,168 | -€7,426 | -5.3% |
| Equity | 10/15 | €129,541 | €132,008 | +€2,467 | +1.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €123,341 | €125,808 | +€2,467 | +2.0% |
| Tax-exempt reserves | 132 | €5,500 | €5,500 | = | 0.0% |
| Distributable reserves | 133 | €117,841 | €120,308 | +€2,467 | +2.1% |
| Amounts payable | 17/49 | €10,053 | €160 | -€9,893 | -98.4% |
| Amounts payable within one year | 42/48 | €10,053 | €160 | -€9,893 | -98.4% |
| Trade debts | 44 | €2,487 | €160 | -€2,327 | -93.6% |
| Suppliers | 440/4 | €2,487 | €160 | -€2,327 | -93.6% |
| Taxes, remuneration and social security | 45 | €7,566 | - | -€7,566 | |
| Taxes | 450/3 | €6,338 | - | -€6,338 | |
| Remuneration and social security | 454/9 | €1,228 | - | -€1,228 | |
| Other amounts payable | 47/48 | €0 | - | -€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,358 | €1,585 | +€227 | +16.7% |
| Other operating charges | 640/8 | €856 | €1,008 | +€152 | +17.8% |
| Gross operating margin | 9900 | €29,505 | €29,857 | +€352 | +1.2% |
| Operating profit (loss) | 9901 | €27,291 | €27,264 | -€27 | -0.1% |
| Financial income | 75/76B | €1,045 | €1,498 | +€454 | +43.4% |
| Recurring financial income | 75 | €626 | €1,498 | +€873 | +139% |
| Non-recurring financial income | 76B | €419 | - | -€419 | |
| Financial charges | 65/66B | €1,963 | €4,374 | +€2,411 | +123% |
| Recurring financial charges | 65 | €1,963 | €4,374 | +€2,411 | +123% |
| Profit (loss) for the period before taxes | 9903 | €26,373 | €24,389 | -€1,985 | -7.5% |
| Income taxes | 67/77 | €6,799 | €9,422 | +€2,623 | +38.6% |
| Profit (loss) for the period | 9904 | €19,574 | €14,967 | -€4,608 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,574 | €14,967 | -€4,608 | -23.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.