ITSEVEN: 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.
ITSEVEN
Largest movements
- Cash +€27,660
up €27,660 (+27.6%), from €100,397 to €128,057
mainly Provisions (+€31,910) and Other debts (+€19,069)
- Receivables within one year +€8,899
up €8,899 (+37.6%), from €23,668 to €32,567
of which Trade receivables: +€5,952
- Tangible fixed assets -€2,189
down €2,189 (-65.8%), from €3,326 to €1,137
- Deferred charges and accrued income +€2,043
new in 2025: €2,043
- Provisions +€31,910
new in 2025: €31,910
- Profit (loss) carried forward -€19,284
down €19,284 (-34.0%), from €56,733 to €37,449
- Other debts +€19,069
up €19,069 (+40.3%), from €47,263 to €66,331
- Tax, wage and social debts +€2,773
up €2,773 (+30.0%), from €9,257 to €12,030
of which Remuneration and social security: +€2,000
- Trade debts +€1,994
up €1,994 (+252.4%), from €790 to €2,784
- Provisions +€31,910
new in 2025: €31,910
- Financial charges -€12,009
down €12,009 (-29.5%), from €40,726 to €28,718
- Gross operating margin -€10,747
down €10,747 (-18.4%), from €58,368 to €47,620
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.
Cash bridge derived
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 | €127,391 | €163,804 | +€36,413 | +28.6% |
| Fixed assets | 21/28 | €3,326 | €1,137 | -€2,189 | -65.8% |
| Tangible fixed assets | 22/27 | €3,326 | €1,137 | -€2,189 | -65.8% |
| Furniture and vehicles | 24 | €3,326 | €1,137 | -€2,189 | -65.8% |
| Current assets | 29/58 | €124,065 | €162,667 | +€38,602 | +31.1% |
| Amounts receivable within one year | 40/41 | €23,668 | €32,567 | +€8,899 | +37.6% |
| Trade receivables | 40 | €23,668 | €29,620 | +€5,952 | +25.1% |
| Other amounts receivable | 41 | €0 | €2,947 | +€2,947 | |
| Cash at bank and in hand | 54/58 | €100,397 | €128,057 | +€27,660 | +27.6% |
| Deferred charges and accrued income | 490/1 | - | €2,043 | +€2,043 | |
| Total equity and liabilities | 10/49 | €127,391 | €163,804 | +€36,413 | +28.6% |
| Equity | 10/15 | €69,133 | €49,849 | -€19,284 | -27.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,733 | €37,449 | -€19,284 | -34.0% |
| Provisions and deferred taxes | 16 | - | €31,910 | +€31,910 | |
| Deferred taxes | 168 | - | €31,910 | +€31,910 | |
| Amounts payable | 17/49 | €58,258 | €82,045 | +€23,787 | +40.8% |
| Amounts payable within one year | 42/48 | €57,310 | €81,145 | +€23,835 | +41.6% |
| Trade debts | 44 | €790 | €2,784 | +€1,994 | +252.4% |
| Suppliers | 440/4 | €790 | €2,784 | +€1,994 | +252.4% |
| Taxes, remuneration and social security | 45 | €9,257 | €12,030 | +€2,773 | +30.0% |
| Taxes | 450/3 | €9,257 | €10,030 | +€773 | +8.3% |
| Remuneration and social security | 454/9 | €0 | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €47,263 | €66,331 | +€19,069 | +40.3% |
| Accrued charges and deferred income | 492/3 | €948 | €900 | -€48 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,179 | €2,189 | +€10 | +0.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €31,910 | +€31,910 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €58,368 | €47,620 | -€10,747 | -18.4% |
| Operating profit (loss) | 9901 | €55,802 | €13,121 | -€42,680 | -76.5% |
| Financial income | 75/76B | €212 | €0 | -€212 | -100.0% |
| Recurring financial income | 75 | €212 | €0 | -€212 | -100.0% |
| Financial charges | 65/66B | €40,726 | €28,718 | -€12,009 | -29.5% |
| Recurring financial charges | 65 | €40,726 | €28,718 | -€12,009 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | €15,288 | -€15,596 | -€30,884 | |
| Income taxes | 67/77 | €3,513 | €3,688 | +€175 | +5.0% |
| Profit (loss) for the period | 9904 | €11,775 | -€19,284 | -€31,059 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,775 | -€19,284 | -€31,059 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.