Ittair: 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.
Ittair
Largest movements
- Receivables after one year -€1.1m
no longer reported in 2025 (was €1.1m)
- Receivables within one year +€995,589
up €995,589 (+14,703%), from €6,771 to €1.0m
- Stocks and contracts +€376,680
new in 2025: €376,680
- Tangible fixed assets -€247,838
down €247,838 (-100%), from €247,838 to €0
- Profit (loss) carried forward +€39,085
up €39,085 (+68.4%), from €57,113 to €96,198
- Trade debts -€26,095
down €26,095 (-62.8%), from €41,544 to €15,449
- Tax, wage and social debts +€15,443
up €15,443 (+248%), from €6,233 to €21,676
- Taxes +€9,210
up €9,210 (+148%), from €6,233 to €15,443
- Financial income -€7,270
down €7,270 (-9.9%), from €73,270 to €66,000
- Gross operating margin -€4,334
down €4,334 (-67.2%), from -€6,451 to -€10,786
- Financial charges -€2,426
down €2,426 (-89.8%), from €2,701 to €275
- Other operating charges -€360
down €360 (-46.7%), from €772 to €411
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 | €1,354,891 | €1,383,408 | +€28,518 | +2.1% |
| Fixed assets | 21/28 | €247,838 | €0 | -€247,838 | -100% |
| Tangible fixed assets | 22/27 | €247,838 | €0 | -€247,838 | -100% |
| Assets under construction and advance payments | 27 | €247,838 | €0 | -€247,838 | -100% |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €1,107,053 | €1,383,408 | +€276,356 | +25.0% |
| Amounts receivable after more than one year | 29 | €1,100,000 | - | -€1.1m | |
| Other amounts receivable | 291 | €1,100,000 | - | -€1.1m | |
| Stocks and contracts in progress | 3 | - | €376,680 | +€376,680 | |
| Stocks | 30/36 | - | €376,680 | +€376,680 | |
| Amounts receivable within one year | 40/41 | €6,771 | €1,002,360 | +€995,589 | +14,703% |
| Other amounts receivable | 41 | €6,771 | €1,002,360 | +€995,589 | +14,703% |
| Cash at bank and in hand | 54/58 | €282 | €4,369 | +€4,087 | +1,452% |
| Total equity and liabilities | 10/49 | €1,354,891 | €1,383,408 | +€28,518 | +2.1% |
| Equity | 10/15 | €1,307,113 | €1,346,198 | +€39,085 | +3.0% |
| Contributions | 10/11 | €1,250,000 | €1,250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,113 | €96,198 | +€39,085 | +68.4% |
| Amounts payable | 17/49 | €47,777 | €37,210 | -€10,567 | -22.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €47,777 | €37,210 | -€10,567 | -22.1% |
| Trade debts | 44 | €41,544 | €15,449 | -€26,095 | -62.8% |
| Suppliers | 440/4 | €41,544 | €15,449 | -€26,095 | -62.8% |
| Taxes, remuneration and social security | 45 | €6,233 | €21,676 | +€15,443 | +248% |
| Taxes | 450/3 | €6,233 | €21,676 | +€15,443 | +248% |
| Other amounts payable | 47/48 | €0 | €85 | +€85 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Other operating charges | 640/8 | €772 | €411 | -€360 | -46.7% |
| Gross operating margin | 9900 | -€6,451 | -€10,786 | -€4,334 | -67.2% |
| Operating profit (loss) | 9901 | -€7,223 | -€11,197 | -€3,974 | -55.0% |
| Financial income | 75/76B | €73,270 | €66,000 | -€7,270 | -9.9% |
| Recurring financial income | 75 | €73,270 | €66,000 | -€7,270 | -9.9% |
| Financial charges | 65/66B | €2,701 | €275 | -€2,426 | -89.8% |
| Recurring financial charges | 65 | €2,701 | €275 | -€2,426 | -89.8% |
| Profit (loss) for the period before taxes | 9903 | €63,346 | €54,528 | -€8,819 | -13.9% |
| Income taxes | 67/77 | €6,233 | €15,443 | +€9,210 | +148% |
| Profit (loss) for the period | 9904 | €57,113 | €39,085 | -€18,029 | -31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €57,113 | €39,085 | -€18,029 | -31.6% |
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 17 October 2026 via checked.be.