ITQ CONSULTANCY: what changed
What changed
ITQ CONSULTANCY
NACE 62.200, Computer consultancy and computer facilities management
filed annual accounts (NBB)
Net result for the year
€253,814
2024 · -€476,735+€730,550
Equity
-€121,785
2024 · -€375,599+€253,814
Cash
€187,141
2024 · €138,524+€48,617
Balance sheet total
€1.8m
2024 · €1.4m+€403,602
Largest movements
Assets
- Receivables within one year +€361,350
up €361,350 (+38.9%), from €929,508 to €1.3m
of which Trade receivables: +€374,889
- Cash +€48,617
up €48,617 (+35.1%), from €138,524 to €187,141
mainly Trade debts (+€360,359) and Net result for the year (+€253,814)
Equity and liabilities
- Trade debts +€360,359
up €360,359 (+100%), from €358,582 to €718,942
- Profit (loss) carried forward +€253,814
up €253,814 (+53.2%), from -€476,735 to -€222,921
- Debts after one year -€225,000
down €225,000 (-40.0%), from €562,500 to €337,500
- Advances received +€192,567
up €192,567 (+119%), from €161,299 to €353,865
- Accrued charges and deferred income -€134,676
down €134,676 (-36.6%), from €367,872 to €233,196
Income statement
- Gross operating margin +€793,735
up €793,735 (+79.9%), from €993,847 to €1.8m
- Staff costs +€46,487
up €46,487 (+3.3%), from €1.4m to €1.4m
- Financial charges +€18,468
up €18,468 (+42.0%), from €43,948 to €62,416
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€476,735
Gross operating margin
+€793,735
Staff costs
-€46,487
Depreciation
-€4,112
Other operating charges
+€951
Other operating items
+€2,976
Financial income
+€1,849
Financial charges
-€18,468
Taxes
+€105
Result 2025
€253,814
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€287,488
Investment
-€13,871
Financing
-€225,000
Cash 2024
€138,524
From operations (derived)
+€287,488
Net result for the year
+€253,814
Depreciation
+€24,673
Receivables within one year
-€361,350
Deferred charges and accrued income
-€4,437
Trade debts
+€360,359
Tax, wage and social debts
-€43,462
Advances received
+€192,567
Accrued charges and deferred income
-€134,676
Investment (derived)
-€13,871
Investment in fixed assets (net)
-€13,871
Financing
-€225,000
Debts after one year
-€225,000
Cash 2025
€187,141
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,365,417 | €1,769,019 | +€403,602 | +29.6% |
| Fixed assets | 21/28 | €94,632 | €83,830 | -€10,802 | -11.4% |
| Tangible fixed assets | 22/27 | €85,447 | €74,645 | -€10,802 | -12.6% |
| Furniture and vehicles | 24 | €54,544 | €48,981 | -€5,563 | -10.2% |
| Other tangible fixed assets | 26 | €30,903 | €25,665 | -€5,238 | -17.0% |
| Financial fixed assets | 28 | €9,185 | €9,185 | = | 0.0% |
| Current assets | 29/58 | €1,270,785 | €1,685,189 | +€414,404 | +32.6% |
| Amounts receivable within one year | 40/41 | €929,508 | €1,290,859 | +€361,350 | +38.9% |
| Trade receivables | 40 | €912,546 | €1,287,436 | +€374,889 | +41.1% |
| Other amounts receivable | 41 | €16,962 | €3,423 | -€13,539 | -79.8% |
| Cash at bank and in hand | 54/58 | €138,524 | €187,141 | +€48,617 | +35.1% |
| Deferred charges and accrued income | 490/1 | €202,753 | €207,190 | +€4,437 | +2.2% |
| Total equity and liabilities | 10/49 | €1,365,417 | €1,769,019 | +€403,602 | +29.6% |
| Equity | 10/15 | -€375,599 | -€121,785 | +€253,814 | +67.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €82,536 | €82,536 | = | 0.0% |
| Distributable reserves | 133 | €82,536 | €82,536 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€476,735 | -€222,921 | +€253,814 | +53.2% |
| Amounts payable | 17/49 | €1,741,016 | €1,890,804 | +€149,788 | +8.6% |
| Amounts payable after more than one year | 17 | €562,500 | €337,500 | -€225,000 | -40.0% |
| Financial debts | 170/4 | €562,500 | €337,500 | -€225,000 | -40.0% |
| Amounts payable within one year | 42/48 | €810,644 | €1,320,108 | +€509,464 | +62.8% |
| Trade debts | 44 | €358,582 | €718,942 | +€360,359 | +100% |
| Suppliers | 440/4 | €358,582 | €718,942 | +€360,359 | +100% |
| Advances received on contracts in progress | 46 | €161,299 | €353,865 | +€192,567 | +119% |
| Taxes, remuneration and social security | 45 | €290,763 | €247,302 | -€43,462 | -14.9% |
| Taxes | 450/3 | €90,607 | €15,435 | -€75,171 | -83.0% |
| Remuneration and social security | 454/9 | €200,156 | €231,866 | +€31,710 | +15.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €367,872 | €233,196 | -€134,676 | -36.6% |
| Non-recurring operating income | 76A | €538 | €0 | -€538 | -100% |
| Remuneration, social security and pensions | 62 | €1,398,279 | €1,444,766 | +€46,487 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,560 | €24,673 | +€4,112 | +20.0% |
| Other operating charges | 640/8 | €1,128 | €177 | -€951 | -84.3% |
| Non-recurring operating charges | 66A | €2,976 | €0 | -€2,976 | -100% |
| Gross operating margin | 9900 | €993,847 | €1,787,582 | +€793,735 | +79.9% |
| Operating profit (loss) | 9901 | -€429,096 | €317,967 | +€747,063 | |
| Financial income | 75/76B | €0 | €1,849 | +€1,849 | |
| Recurring financial income | 75 | €0 | €1,849 | +€1,849 | |
| Financial charges | 65/66B | €43,948 | €62,416 | +€18,468 | +42.0% |
| Recurring financial charges | 65 | €43,948 | €62,416 | +€18,468 | +42.0% |
| Profit (loss) for the period before taxes | 9903 | -€473,045 | €257,400 | +€730,445 | |
| Income taxes | 67/77 | €3,691 | €3,586 | -€105 | -2.8% |
| Profit (loss) for the period | 9904 | -€476,735 | €253,814 | +€730,550 | |
| Profit (loss) for the period to be appropriated | 9905 | -€476,735 | €253,814 | +€730,550 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.