ITTC: what changed
What changed
ITTC
NACE 69.109, Other legal services
filed annual accounts (NBB)
Net result for the year
€189,515
2024 · €26,212+€163,302
Equity
€394,404
2024 · €257,890+€136,515
Cash
€4,941
2024 · €10,825-€5,883
Balance sheet total
€1.9m
2024 · €1.9m-€44,778
Largest movements
Assets
- Receivables within one year -€110,299
down €110,299 (-52.7%), from €209,181 to €98,882
of which Trade receivables: -€68,901
- Stocks and contracts +€62,265
up €62,265 (+317%), from €19,635 to €81,900
Equity and liabilities
- Reserves +€136,515
up €136,515 (+57.4%), from €237,890 to €374,404
- Debts after one year -€90,564
down €90,564 (-13.0%), from €694,649 to €604,085
- Other debts -€82,754
down €82,754 (-13.4%), from €616,439 to €533,685
- Tax, wage and social debts +€37,482
up €37,482 (+93.2%), from €40,205 to €77,687
- Current portion of long-term debt -€25,219
down €25,219 (-15.2%), from €165,783 to €140,564
Income statement
- Financial income +€192,406
up €192,406 (+121,224%), from €159 to €192,565
of which Non-recurring financial income: +€102,957
- Taxes +€57,040
up €57,040 (+376%), from €15,185 to €72,225
- Gross operating margin +€44,709
up €44,709 (+35.3%), from €126,750 to €171,459
- Financial charges +€11,029
up €11,029 (+44.2%), from €24,966 to €35,996
- Other operating charges +€3,147
up €3,147 (+22.1%), from €14,222 to €17,368
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€26,212
Gross operating margin
+€44,709
Depreciation
-€2,598
Other operating charges
-€3,147
Financial income
+€192,406
Financial charges
-€11,029
Taxes
-€57,040
Result 2025
€189,515
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€220,399
Investment
-€57,500
Financing
-€168,783
Cash 2024
€10,825
From operations (derived)
+€220,399
Net result for the year
+€189,515
Depreciation
+€48,921
Stocks and contracts
-€62,265
Receivables within one year
+€110,299
Deferred charges and accrued income
-€561
Provisions
+€456
Trade debts
-€19,801
Tax, wage and social debts
+€37,482
Other debts
-€82,754
Accrued charges and deferred income
-€893
Investment (derived)
-€57,500
Investment in fixed assets (net)
-€57,500
Financing
-€168,783
Debts after one year
-€90,564
Current portion of long-term debt
-€25,219
Contributions, distributions and other
-€53,000
Cash 2025
€4,941
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,926,226 | €1,881,448 | -€44,778 | -2.3% |
| Fixed assets | 21/28 | €1,684,590 | €1,693,169 | +€8,579 | +0.5% |
| Tangible fixed assets | 22/27 | €553,423 | €562,002 | +€8,579 | +1.6% |
| Land and buildings | 22 | €478,168 | €509,178 | +€31,010 | +6.5% |
| Furniture and vehicles | 24 | €68,387 | €49,126 | -€19,261 | -28.2% |
| Other tangible fixed assets | 26 | €6,868 | €3,699 | -€3,169 | -46.1% |
| Financial fixed assets | 28 | €1,131,167 | €1,131,167 | = | 0.0% |
| Current assets | 29/58 | €241,635 | €188,278 | -€53,357 | -22.1% |
| Stocks and contracts in progress | 3 | €19,635 | €81,900 | +€62,265 | +317% |
| Stocks | 30/36 | €19,635 | €81,900 | +€62,265 | +317% |
| Amounts receivable within one year | 40/41 | €209,181 | €98,882 | -€110,299 | -52.7% |
| Trade receivables | 40 | €83,896 | €14,994 | -€68,901 | -82.1% |
| Other amounts receivable | 41 | €125,285 | €83,887 | -€41,398 | -33.0% |
| Cash at bank and in hand | 54/58 | €10,825 | €4,941 | -€5,883 | -54.3% |
| Deferred charges and accrued income | 490/1 | €1,994 | €2,555 | +€561 | +28.1% |
| Total equity and liabilities | 10/49 | €1,926,226 | €1,881,448 | -€44,778 | -2.3% |
| Equity | 10/15 | €257,890 | €394,404 | +€136,515 | +52.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €237,890 | €374,404 | +€136,515 | +57.4% |
| Distributable reserves | 133 | €237,890 | €374,404 | +€136,515 | +57.4% |
| Provisions and deferred taxes | 16 | €107,972 | €108,428 | +€456 | +0.4% |
| Provisions for liabilities and charges | 160/5 | €107,972 | €108,428 | +€456 | +0.4% |
| Pensions and similar obligations | 160 | €25,170 | €25,170 | = | 0.0% |
| Environmental obligations | 163 | €82,802 | €83,258 | +€456 | +0.6% |
| Amounts payable | 17/49 | €1,560,363 | €1,378,615 | -€181,748 | -11.6% |
| Amounts payable after more than one year | 17 | €694,649 | €604,085 | -€90,564 | -13.0% |
| Financial debts | 170/4 | €694,649 | €604,085 | -€90,564 | -13.0% |
| Amounts payable within one year | 42/48 | €864,822 | €774,530 | -€90,292 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €165,783 | €140,564 | -€25,219 | -15.2% |
| Trade debts | 44 | €42,395 | €22,594 | -€19,801 | -46.7% |
| Suppliers | 440/4 | €42,395 | €22,594 | -€19,801 | -46.7% |
| Taxes, remuneration and social security | 45 | €40,205 | €77,687 | +€37,482 | +93.2% |
| Taxes | 450/3 | €40,205 | €77,687 | +€37,482 | +93.2% |
| Other amounts payable | 47/48 | €616,439 | €533,685 | -€82,754 | -13.4% |
| Accrued charges and deferred income | 492/3 | €893 | - | -€893 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,323 | €48,921 | +€2,598 | +5.6% |
| Other operating charges | 640/8 | €14,222 | €17,368 | +€3,147 | +22.1% |
| Gross operating margin | 9900 | €126,750 | €171,459 | +€44,709 | +35.3% |
| Operating profit (loss) | 9901 | €66,205 | €105,170 | +€38,965 | +58.9% |
| Financial income | 75/76B | €159 | €192,565 | +€192,406 | +121,224% |
| Recurring financial income | 75 | €159 | €89,608 | +€89,450 | +56,357% |
| Non-recurring financial income | 76B | - | €102,957 | +€102,957 | |
| Financial charges | 65/66B | €24,966 | €35,996 | +€11,029 | +44.2% |
| Recurring financial charges | 65 | €24,966 | €35,996 | +€11,029 | +44.2% |
| Profit (loss) for the period before taxes | 9903 | €41,397 | €261,740 | +€220,342 | +532% |
| Income taxes | 67/77 | €15,185 | €72,225 | +€57,040 | +376% |
| Profit (loss) for the period | 9904 | €26,212 | €189,515 | +€163,302 | +623% |
| Profit (loss) for the period to be appropriated | 9905 | €26,212 | €189,515 | +€163,302 | +623% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.