ITTASK: 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.
ITTASK
Largest movements
- Receivables within one year -€320,724
down €320,724 (-67.5%), from €475,410 to €154,686
of which Trade receivables: -€323,965
- Cash +€88,337
up €88,337 (+66.7%), from €132,446 to €220,783
mainly Receivables within one year (+€320,724) and Depreciation (+€7,582)
- Tangible fixed assets -€6,732
down €6,732 (-40.7%), from €16,531 to €9,798
of which Furniture and vehicles: -€5,175
- Reserves -€79,517
down €79,517 (-19.8%), from €400,906 to €321,389
- Tax, wage and social debts -€70,300
down €70,300 (-78.9%), from €89,084 to €18,784
of which Taxes: -€62,312
- Other debts -€64,938
down €64,938 (-81.7%), from €79,438 to €14,501
- Trade debts -€17,780
down €17,780 (-51.9%), from €34,259 to €16,479
- Gross operating margin -€203,114
down €203,114, from €193,317 to -€9,796
- Staff costs -€98,898
down €98,898 (-62.3%), from €158,809 to €59,911
- Taxes -€6,262
down €6,262 (-96.1%), from €6,513 to €252
- Financial charges -€5,314
down €5,314 (-88.7%), from €5,993 to €679
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €634,402 | €399,044 | -€235,358 | -37.1% |
| Fixed assets | 21/28 | €16,631 | €9,898 | -€6,732 | -40.5% |
| Tangible fixed assets | 22/27 | €16,531 | €9,798 | -€6,732 | -40.7% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €3,222 | €1,902 | -€1,320 | -41.0% |
| Furniture and vehicles | 24 | €13,071 | €7,897 | -€5,175 | -39.6% |
| Other tangible fixed assets | 26 | €237 | €0 | -€237 | -100.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €617,771 | €389,146 | -€228,625 | -37.0% |
| Stocks and contracts in progress | 3 | €4,500 | €4,500 | = | 0.0% |
| Stocks | 30/36 | €4,500 | €4,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €475,410 | €154,686 | -€320,724 | -67.5% |
| Trade receivables | 40 | €466,923 | €142,958 | -€323,965 | -69.4% |
| Other amounts receivable | 41 | €8,487 | €11,727 | +€3,241 | +38.2% |
| Cash at bank and in hand | 54/58 | €132,446 | €220,783 | +€88,337 | +66.7% |
| Deferred charges and accrued income | 490/1 | €5,415 | €9,177 | +€3,762 | +69.5% |
| Total equity and liabilities | 10/49 | €634,402 | €399,044 | -€235,358 | -37.1% |
| Equity | 10/15 | €419,506 | €339,989 | -€79,517 | -19.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €400,906 | €321,389 | -€79,517 | -19.8% |
| Distributable reserves | 133 | €400,906 | €321,389 | -€79,517 | -19.8% |
| Amounts payable | 17/49 | €214,896 | €59,055 | -€155,841 | -72.5% |
| Amounts payable after more than one year | 17 | €8,020 | €3,865 | -€4,156 | -51.8% |
| Financial debts | 170/4 | €8,020 | €3,865 | -€4,156 | -51.8% |
| Amounts payable within one year | 42/48 | €206,876 | €53,920 | -€152,956 | -73.9% |
| Current portion of amounts payable after more than one year | 42 | €4,094 | €4,156 | +€62 | +1.5% |
| Trade debts | 44 | €34,259 | €16,479 | -€17,780 | -51.9% |
| Suppliers | 440/4 | €34,259 | €16,479 | -€17,780 | -51.9% |
| Taxes, remuneration and social security | 45 | €89,084 | €18,784 | -€70,300 | -78.9% |
| Taxes | 450/3 | €73,565 | €11,253 | -€62,312 | -84.7% |
| Remuneration and social security | 454/9 | €15,519 | €7,531 | -€7,988 | -51.5% |
| Other amounts payable | 47/48 | €79,438 | €14,501 | -€64,938 | -81.7% |
| Accrued charges and deferred income | 492/3 | €0 | €1,271 | +€1,271 | |
| Remuneration, social security and pensions | 62 | €158,809 | €59,911 | -€98,898 | -62.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,247 | €7,582 | -€665 | -8.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€515 | €0 | +€515 | |
| Other operating charges | 640/8 | €2,208 | €1,789 | -€418 | -19.0% |
| Gross operating margin | 9900 | €193,317 | -€9,796 | -€203,114 | |
| Operating profit (loss) | 9901 | €24,568 | -€79,079 | -€103,647 | |
| Financial income | 75/76B | €0 | €492 | +€492 | |
| Recurring financial income | 75 | €0 | €492 | +€492 | |
| Financial charges | 65/66B | €5,993 | €679 | -€5,314 | -88.7% |
| Recurring financial charges | 65 | €5,993 | €679 | -€5,314 | -88.7% |
| Profit (loss) for the period before taxes | 9903 | €18,575 | -€79,266 | -€97,841 | |
| Income taxes | 67/77 | €6,513 | €252 | -€6,262 | -96.1% |
| Profit (loss) for the period | 9904 | €12,062 | -€79,517 | -€91,579 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,062 | -€79,517 | -€91,579 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.