Itransform: 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.
Itransform
Largest movements
- Cash +€66,559
new in 2025: €66,559
mainly Current investments (+€29,937) and Net result for the year (+€26,065)
- Current investments -€29,937
no longer reported in 2025 (was €29,937)
- Receivables within one year +€2,259
up €2,259 (+174%), from €1,301 to €3,560
of which Trade receivables: +€1,387
- Deferred charges and accrued income -€1,988
down €1,988 (-100%), from €1,988 to €0
- Tangible fixed assets +€1,688
new in 2025: €1,688
- Reserves +€26,065
up €26,065 (+137%), from €18,969 to €45,034
- Other debts +€4,779
up €4,779 (+57.8%), from €8,272 to €13,051
- Tax, wage and social debts +€4,490
up €4,490 (+182%), from €2,469 to €6,959
- Trade debts +€3,210
up €3,210 (+11,207%), from €29 to €3,238
- Short-term financial debts -€1,488
down €1,488 (-100%), from €1,488 to €0
- Gross operating margin +€33,322
up €33,322 (+4,248%), from €784 to €34,107
- Taxes +€6,139
up €6,139 (+1,011%), from €607 to €6,747
- Financial charges +€876
up €876, from €0 to €876
- Financial income -€364
down €364 (-100%), from €364 to €0
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 | €34,227 | €71,807 | +€37,581 | +110% |
| Fixed assets | 21/28 | - | €1,688 | +€1,688 | |
| Tangible fixed assets | 22/27 | - | €1,688 | +€1,688 | |
| Plant, machinery and equipment | 23 | - | €1,688 | +€1,688 | |
| Current assets | 29/58 | €34,227 | €70,119 | +€35,893 | +105% |
| Stocks and contracts in progress | 3 | €1,000 | €0 | -€1,000 | -100% |
| Stocks | 30/36 | €1,000 | €0 | -€1,000 | -100% |
| Amounts receivable within one year | 40/41 | €1,301 | €3,560 | +€2,259 | +174% |
| Trade receivables | 40 | €1,301 | €2,688 | +€1,387 | +107% |
| Other amounts receivable | 41 | - | €872 | +€872 | |
| Current investments | 50/53 | €29,937 | - | -€29,937 | |
| Cash at bank and in hand | 54/58 | - | €66,559 | +€66,559 | |
| Deferred charges and accrued income | 490/1 | €1,988 | €0 | -€1,988 | -100% |
| Total equity and liabilities | 10/49 | €34,227 | €71,807 | +€37,581 | +110% |
| Equity | 10/15 | €21,969 | €48,034 | +€26,065 | +119% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €18,969 | €45,034 | +€26,065 | +137% |
| Distributable reserves | 133 | €18,969 | €45,034 | +€26,065 | +137% |
| Amounts payable | 17/49 | €12,258 | €23,773 | +€11,515 | +93.9% |
| Amounts payable within one year | 42/48 | €12,258 | €23,248 | +€10,991 | +89.7% |
| Financial debts | 43 | €1,488 | €0 | -€1,488 | -100% |
| Credit institutions | 430/8 | €1,488 | €0 | -€1,488 | -100% |
| Trade debts | 44 | €29 | €3,238 | +€3,210 | +11,207% |
| Suppliers | 440/4 | €29 | €3,238 | +€3,210 | +11,207% |
| Taxes, remuneration and social security | 45 | €2,469 | €6,959 | +€4,490 | +182% |
| Taxes | 450/3 | €2,469 | €6,959 | +€4,490 | +182% |
| Other amounts payable | 47/48 | €8,272 | €13,051 | +€4,779 | +57.8% |
| Accrued charges and deferred income | 492/3 | - | €525 | +€525 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €162 | +€162 | |
| Other operating charges | 640/8 | €417 | €256 | -€161 | -38.6% |
| Gross operating margin | 9900 | €784 | €34,107 | +€33,322 | +4,248% |
| Operating profit (loss) | 9901 | €367 | €33,688 | +€33,321 | +9,070% |
| Financial income | 75/76B | €364 | €0 | -€364 | -100% |
| Recurring financial income | 75 | €364 | €0 | -€364 | -100% |
| Financial charges | 65/66B | €0 | €876 | +€876 | |
| Recurring financial charges | 65 | €0 | €876 | +€876 | |
| Profit (loss) for the period before taxes | 9903 | €731 | €32,812 | +€32,081 | +4,387% |
| Income taxes | 67/77 | €607 | €6,747 | +€6,139 | +1,011% |
| Profit (loss) for the period | 9904 | €124 | €26,065 | +€25,941 | +20,892% |
| Profit (loss) for the period to be appropriated | 9905 | €124 | €26,065 | +€25,941 | +20,892% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.