ITRADE: 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.
ITRADE
Largest movements
- Cash +€65,780
up €65,780 (+32.9%), from €199,949 to €265,729
mainly Other debts (+€46,445) and Net result for the year (+€30,168)
- Receivables within one year +€33,431
up €33,431 (+31.0%), from €107,824 to €141,255
- Other debts +€46,445
up €46,445 (+40.3%), from €115,278 to €161,723
- Profit (loss) carried forward +€30,168
up €30,168 (+47.1%), from €64,012 to €94,180
- Trade debts +€16,263
up €16,263 (+18.2%), from €89,456 to €105,719
of which Suppliers: +€16,263
- Tax, wage and social debts +€5,207
up €5,207 (+15.2%), from €34,173 to €39,379
- Gross operating margin +€7,058
up €7,058 (+20.2%), from €34,861 to €41,918
- Financial charges -€825
down €825 (-86.4%), from €955 to €130
- Taxes -€759
down €759 (-6.3%), from €12,059 to €11,300
- Depreciation +€706
up €706 (+167.0%), from €423 to €1,129
- Financial income +€622
up €622 (+332.2%), from €187 to €809
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €312,919 | €411,001 | +€98,082 | +31.3% |
| Fixed assets | 21/28 | €5,146 | €4,017 | -€1,129 | -21.9% |
| Tangible fixed assets | 22/27 | €5,146 | €4,017 | -€1,129 | -21.9% |
| Other tangible fixed assets | 26 | €5,146 | €4,017 | -€1,129 | -21.9% |
| Current assets | 29/58 | €307,773 | €406,984 | +€99,211 | +32.2% |
| Amounts receivable within one year | 40/41 | €107,824 | €141,255 | +€33,431 | +31.0% |
| Trade receivables | 40 | €107,824 | €141,255 | +€33,431 | +31.0% |
| Cash at bank and in hand | 54/58 | €199,949 | €265,729 | +€65,780 | +32.9% |
| Total equity and liabilities | 10/49 | €312,919 | €411,001 | +€98,082 | +31.3% |
| Equity | 10/15 | €74,012 | €104,180 | +€30,168 | +40.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,012 | €94,180 | +€30,168 | +47.1% |
| Amounts payable | 17/49 | €238,907 | €306,821 | +€67,914 | +28.4% |
| Amounts payable within one year | 42/48 | €238,907 | €306,821 | +€67,914 | +28.4% |
| Trade debts | 44 | €89,456 | €105,719 | +€16,263 | +18.2% |
| Suppliers | 440/4 | €81,362 | €97,625 | +€16,263 | +20.0% |
| Bills of exchange payable | 441 | €8,095 | €8,095 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €34,173 | €39,379 | +€5,207 | +15.2% |
| Taxes | 450/3 | €34,173 | €39,379 | +€5,207 | +15.2% |
| Other amounts payable | 47/48 | €115,278 | €161,723 | +€46,445 | +40.3% |
| Remuneration, social security and pensions | 62 | €123 | - | -€123 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €423 | €1,129 | +€706 | +167.0% |
| Gross operating margin | 9900 | €34,861 | €41,918 | +€7,058 | +20.2% |
| Operating profit (loss) | 9901 | €34,315 | €40,789 | +€6,474 | +18.9% |
| Financial income | 75/76B | €187 | €809 | +€622 | +332.2% |
| Recurring financial income | 75 | €187 | €809 | +€622 | +332.2% |
| Financial charges | 65/66B | €955 | €130 | -€825 | -86.4% |
| Recurring financial charges | 65 | €955 | €130 | -€825 | -86.4% |
| Profit (loss) for the period before taxes | 9903 | €33,546 | €41,468 | +€7,921 | +23.6% |
| Income taxes | 67/77 | €12,059 | €11,300 | -€759 | -6.3% |
| Profit (loss) for the period | 9904 | €21,488 | €30,168 | +€8,680 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,488 | €30,168 | +€8,680 | +40.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.