iTs-Hold: 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-Hold
Largest movements
- Financial fixed assets +€100,000
up €100,000 (+4.3%), from €2.3m to €2.4m
- Cash -€48,165
down €48,165 (-68.3%), from €70,514 to €22,349
mainly Debts after one year (-€219,162) and Investment in fixed assets (net) (-€100,000)
- Receivables within one year +€26,456
up €26,456 (+21.2%), from €124,843 to €151,299
of which Other amounts receivable: +€48,482
- Other debts +€297,356
up €297,356 (+171%), from €173,826 to €471,183
- Debts after one year -€219,162
down €219,162 (-40.7%), from €538,451 to €319,290
- Tax, wage and social debts -€62,530
down €62,530 (-96.2%), from €65,030 to €2,500
- Trade debts +€40,806
up €40,806 (+26.8%), from €152,070 to €192,876
- Profit (loss) carried forward +€32,194
up €32,194 (+4.1%), from €787,327 to €819,521
- Gross operating margin -€235,471
down €235,471 (-75.5%), from €311,957 to €76,486
- Taxes -€57,246
down €57,246 (-84.2%), from €67,977 to €10,731
- Financial charges -€6,529
down €6,529 (-16.8%), from €38,864 to €32,335
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,498,046 | €2,576,337 | +€78,291 | +3.1% |
| Fixed assets | 21/28 | €2,302,689 | €2,402,689 | +€100,000 | +4.3% |
| Financial fixed assets | 28 | €2,302,689 | €2,402,689 | +€100,000 | +4.3% |
| Current assets | 29/58 | €195,357 | €173,648 | -€21,709 | -11.1% |
| Amounts receivable within one year | 40/41 | €124,843 | €151,299 | +€26,456 | +21.2% |
| Trade receivables | 40 | €112,802 | €90,776 | -€22,026 | -19.5% |
| Other amounts receivable | 41 | €12,041 | €60,523 | +€48,482 | +403% |
| Cash at bank and in hand | 54/58 | €70,514 | €22,349 | -€48,165 | -68.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €2,498,046 | €2,576,337 | +€78,291 | +3.1% |
| Equity | 10/15 | €1,286,032 | €1,318,226 | +€32,194 | +2.5% |
| Contributions | 10/11 | €498,705 | €498,705 | = | 0.0% |
| Profit (loss) carried forward | 14 | €787,327 | €819,521 | +€32,194 | +4.1% |
| Amounts payable | 17/49 | €1,212,014 | €1,258,111 | +€46,097 | +3.8% |
| Amounts payable after more than one year | 17 | €538,451 | €319,290 | -€219,162 | -40.7% |
| Financial debts | 170/4 | €538,451 | €319,290 | -€219,162 | -40.7% |
| Amounts payable within one year | 42/48 | €654,364 | €925,438 | +€271,075 | +41.4% |
| Current portion of amounts payable after more than one year | 42 | €263,437 | €258,880 | -€4,558 | -1.7% |
| Trade debts | 44 | €152,070 | €192,876 | +€40,806 | +26.8% |
| Suppliers | 440/4 | €152,070 | €192,876 | +€40,806 | +26.8% |
| Taxes, remuneration and social security | 45 | €65,030 | €2,500 | -€62,530 | -96.2% |
| Taxes | 450/3 | €65,030 | €2,500 | -€62,530 | -96.2% |
| Other amounts payable | 47/48 | €173,826 | €471,183 | +€297,356 | +171% |
| Accrued charges and deferred income | 492/3 | €19,199 | €13,383 | -€5,816 | -30.3% |
| Other operating charges | 640/8 | €1,183 | €1,225 | +€42 | +3.6% |
| Gross operating margin | 9900 | €311,957 | €76,486 | -€235,471 | -75.5% |
| Operating profit (loss) | 9901 | €310,774 | €75,260 | -€235,513 | -75.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €38,864 | €32,335 | -€6,529 | -16.8% |
| Recurring financial charges | 65 | €38,864 | €32,335 | -€6,529 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €271,910 | €42,926 | -€228,984 | -84.2% |
| Income taxes | 67/77 | €67,977 | €10,731 | -€57,246 | -84.2% |
| Profit (loss) for the period | 9904 | €203,932 | €32,194 | -€171,738 | -84.2% |
| Profit (loss) for the period to be appropriated | 9905 | €203,932 | €32,194 | -€171,738 | -84.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.