ITS Consult: 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.
ITS Consult
Largest movements
- Tangible fixed assets +€849,948
up €849,948 (+7,493%), from €11,343 to €861,290
of which Land and buildings: +€834,923
- Stocks and contracts +€758,084
new in 2025: €758,084
- Debts after one year +€783,557
new in 2025: €783,557
- Trade debts +€754,468
up €754,468 (+15,810%), from €4,772 to €759,240
- Current portion of long-term debt +€35,049
new in 2025: €35,049
- Gross operating margin +€35,161
up €35,161 (+351%), from €10,026 to €45,187
- Financial charges +€12,271
up €12,271 (+2,612%), from €470 to €12,741
- Depreciation +€11,270
up €11,270 (+298%), from €3,780 to €15,051
- Taxes +€2,593
up €2,593 (+95.3%), from €2,722 to €5,315
- Other operating charges +€1,324
up €1,324 (+258%), from €513 to €1,838
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 | €60,404 | €1,651,956 | +€1.6m | +2,635% |
| Fixed assets | 21/28 | €11,343 | €861,290 | +€849,948 | +7,493% |
| Tangible fixed assets | 22/27 | €11,343 | €861,290 | +€849,948 | +7,493% |
| Land and buildings | 22 | - | €834,923 | +€834,923 | |
| Plant, machinery and equipment | 23 | €7,559 | €5,941 | -€1,618 | -21.4% |
| Furniture and vehicles | 24 | €3,783 | €20,426 | +€16,643 | +440% |
| Current assets | 29/58 | €49,061 | €790,666 | +€741,605 | +1,512% |
| Stocks and contracts in progress | 3 | - | €758,084 | +€758,084 | |
| Stocks | 30/36 | - | €758,084 | +€758,084 | |
| Amounts receivable within one year | 40/41 | €32,084 | €18,535 | -€13,549 | -42.2% |
| Trade receivables | 40 | €17,077 | - | -€17,077 | |
| Other amounts receivable | 41 | €15,007 | €18,535 | +€3,528 | +23.5% |
| Cash at bank and in hand | 54/58 | €8,233 | €2,865 | -€5,367 | -65.2% |
| Deferred charges and accrued income | 490/1 | €8,744 | €11,181 | +€2,436 | +27.9% |
| Total equity and liabilities | 10/49 | €60,404 | €1,651,956 | +€1.6m | +2,635% |
| Equity | 10/15 | €38,040 | €49,399 | +€11,359 | +29.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,960 | €28,260 | +€11,300 | +66.6% |
| Distributable reserves | 133 | €16,960 | €28,260 | +€11,300 | +66.6% |
| Profit (loss) carried forward | 14 | €14,880 | €14,939 | +€59 | +0.4% |
| Amounts payable | 17/49 | €22,363 | €1,602,557 | +€1.6m | +7,066% |
| Amounts payable after more than one year | 17 | - | €783,557 | +€783,557 | |
| Financial debts | 170/4 | - | €783,557 | +€783,557 | |
| Amounts payable within one year | 42/48 | €22,363 | €819,000 | +€796,637 | +3,562% |
| Current portion of amounts payable after more than one year | 42 | - | €35,049 | +€35,049 | |
| Trade debts | 44 | €4,772 | €759,240 | +€754,468 | +15,810% |
| Suppliers | 440/4 | €4,772 | €759,240 | +€754,468 | +15,810% |
| Taxes, remuneration and social security | 45 | €2,911 | €8,504 | +€5,593 | +192% |
| Taxes | 450/3 | €2,911 | €8,504 | +€5,593 | +192% |
| Other amounts payable | 47/48 | €14,680 | €16,206 | +€1,526 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,780 | €15,051 | +€11,270 | +298% |
| Other operating charges | 640/8 | €513 | €1,838 | +€1,324 | +258% |
| Gross operating margin | 9900 | €10,026 | €45,187 | +€35,161 | +351% |
| Operating profit (loss) | 9901 | €5,732 | €28,298 | +€22,566 | +394% |
| Financial income | 75/76B | €1,251 | €1,117 | -€134 | -10.7% |
| Recurring financial income | 75 | €1,251 | €1,117 | -€134 | -10.7% |
| Financial charges | 65/66B | €470 | €12,741 | +€12,271 | +2,612% |
| Recurring financial charges | 65 | €470 | €12,741 | +€12,271 | +2,612% |
| Profit (loss) for the period before taxes | 9903 | €6,513 | €16,674 | +€10,161 | +156% |
| Income taxes | 67/77 | €2,722 | €5,315 | +€2,593 | +95.3% |
| Profit (loss) for the period | 9904 | €3,791 | €11,359 | +€7,568 | +200% |
| Profit (loss) for the period to be appropriated | 9905 | €3,791 | €11,359 | +€7,568 | +200% |
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 16 October 2026 via checked.be.