ITTERBEEK: 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.
What changed
ITTERBEEK
NACE 49.410, Freight transport by road
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€297,392
2024 · €644,795-€347,403
Equity
€5.9m
2024 · €5.6m+€297,392
Cash
€615,055
2024 · €783,066-€168,011
Balance sheet total
€22.1m
2024 · €17.7m+€4.4m
Largest movements
Assets
- Receivables within one year +€3.6m
up €3.6m (+31.9%), from €11.4m to €15.0m
of which Trade receivables: +€3.1m
- Tangible fixed assets +€868,856
up €868,856 (+16.4%), from €5.3m to €6.2m
of which Leasing and similar rights: +€882,918
Equity and liabilities
- Trade debts +€1.5m
up €1.5m (+23.3%), from €6.3m to €7.7m
- Short-term financial debts +€857,669
up €857,669 (+846.4%), from €101,336 to €959,005
- Other debts +€717,181
up €717,181 (+206.1%), from €347,927 to €1.1m
- Debts after one year +€545,646
up €545,646 (+14.4%), from €3.8m to €4.3m
- Current portion of long-term debt +€526,424
up €526,424 (+39.2%), from €1.3m to €1.9m
Income statement
- Turnover +€2.2m
up €2.2m (+9.8%), from €22.8m to €25.0m
- Goods and materials +€980,728
up €980,728 (+8.5%), from €11.5m to €12.5m
of which Purchases: +€970,417
- Staff costs +€688,739
up €688,739 (+18.0%), from €3.8m to €4.5m
- Depreciation +€504,749
up €504,749 (+39.8%), from €1.3m to €1.8m
- Services and other goods +€324,824
up €324,824 (+5.7%), from €5.7m to €6.0m
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.
Result 2024
€644,795
Turnover
+€2.2m
Other operating income
+€208,041
Goods and materials
-€980,728
Services and other goods
-€324,824
Staff costs
-€688,739
Depreciation
-€504,749
Other operating charges
-€200,110
Other operating items
-€234,533
Financial income
+€96,648
Financial charges
-€64,950
Taxes
+€103,781
Result 2025
€297,392
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.
From operations
+€581,688
Investment
-€2.7m
Financing
+€1.9m
Cash 2024
€783,066
From operations (derived)
+€581,688
Net result for the year
+€297,392
Depreciation
+€1.8m
Smaller working-capital items
+€711
Receivables within one year
-€3.6m
Trade debts
+€1.5m
Tax, wage and social debts
-€21,293
Other debts
+€717,181
Investment (derived)
-€2.7m
Investment in fixed assets (net)
-€2.7m
Financing
+€1.9m
Debts after one year
+€545,646
Current portion of long-term debt
+€526,424
Short-term financial debts
+€857,669
Cash 2025
€615,055
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,667,158 | €22,052,925 | +€4.4m | +24.8% |
| Fixed assets | 21/28 | €5,331,726 | €6,239,701 | +€907,975 | +17.0% |
| Intangible fixed assets | 21 | €11,238 | €48,027 | +€36,789 | +327.4% |
| Tangible fixed assets | 22/27 | €5,308,088 | €6,176,944 | +€868,856 | +16.4% |
| Plant, machinery and equipment | 23 | €99,481 | €75,774 | -€23,707 | -23.8% |
| Furniture and vehicles | 24 | €28,291 | €37,936 | +€9,645 | +34.1% |
| Leasing and similar rights | 25 | €5,180,316 | €6,063,234 | +€882,918 | +17.0% |
| Financial fixed assets | 28 | €12,400 | €14,730 | +€2,330 | +18.8% |
| Other financial fixed assets | 284/8 | €12,400 | €14,730 | +€2,330 | +18.8% |
| Amounts receivable and cash guarantees | 285/8 | €12,400 | €14,730 | +€2,330 | +18.8% |
| Current assets | 29/58 | €12,335,432 | €15,813,224 | +€3.5m | +28.2% |
| Stocks and contracts in progress | 3 | €62,904 | €63,390 | +€486 | +0.8% |
| Stocks | 30/36 | €62,904 | €63,390 | +€486 | +0.8% |
| Raw materials and consumables | 30/31 | €62,904 | €63,390 | +€486 | +0.8% |
| Amounts receivable within one year | 40/41 | €11,403,292 | €15,045,690 | +€3.6m | +31.9% |
| Trade receivables | 40 | €6,764,133 | €9,847,927 | +€3.1m | +45.6% |
| Other amounts receivable | 41 | €4,639,159 | €5,197,763 | +€558,604 | +12.0% |
| Cash at bank and in hand | 54/58 | €783,066 | €615,055 | -€168,011 | -21.5% |
| Deferred charges and accrued income | 490/1 | €86,170 | €89,089 | +€2,919 | +3.4% |
| Total equity and liabilities | 10/49 | €17,667,158 | €22,052,925 | +€4.4m | +24.8% |
| Equity | 10/15 | €5,583,762 | €5,881,154 | +€297,392 | +5.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €5,521,762 | €5,819,154 | +€297,392 | +5.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,303,133 | €2,451,439 | +€148,306 | +6.4% |
| Distributable reserves | 133 | €3,212,429 | €3,361,515 | +€149,086 | +4.6% |
| Amounts payable | 17/49 | €12,083,395 | €16,171,771 | +€4.1m | +33.8% |
| Amounts payable after more than one year | 17 | €3,795,684 | €4,341,330 | +€545,646 | +14.4% |
| Financial debts | 170/4 | €3,795,684 | €4,341,330 | +€545,646 | +14.4% |
| Leasing and similar obligations | 172 | €3,731,710 | €4,310,149 | +€578,439 | +15.5% |
| Credit institutions | 173 | €63,974 | €31,181 | -€32,794 | -51.3% |
| Amounts payable within one year | 42/48 | €8,287,711 | €11,826,325 | +€3.5m | +42.7% |
| Current portion of amounts payable after more than one year | 42 | €1,342,137 | €1,868,560 | +€526,424 | +39.2% |
| Financial debts | 43 | €101,336 | €959,005 | +€857,669 | +846.4% |
| Credit institutions | 430/8 | €101,336 | €959,005 | +€857,669 | +846.4% |
| Trade debts | 44 | €6,269,601 | €7,728,233 | +€1.5m | +23.3% |
| Suppliers | 440/4 | €6,269,601 | €7,728,233 | +€1.5m | +23.3% |
| Taxes, remuneration and social security | 45 | €226,711 | €205,418 | -€21,293 | -9.4% |
| Taxes | 450/3 | €67,659 | €33,812 | -€33,846 | -50.0% |
| Remuneration and social security | 454/9 | €159,052 | €171,606 | +€12,553 | +7.9% |
| Other amounts payable | 47/48 | €347,927 | €1,065,108 | +€717,181 | +206.1% |
| Accrued charges and deferred income | 492/3 | - | €4,116 | +€4,116 | |
| Operating income | 70/76A | €23,979,870 | €26,106,361 | +€2.1m | +8.9% |
| Turnover | 70 | €22,778,452 | €25,021,212 | +€2.2m | +9.8% |
| Other operating income | 74 | €558,362 | €766,403 | +€208,041 | +37.3% |
| Non-recurring operating income | 76A | €643,056 | €318,746 | -€324,310 | -50.4% |
| Operating charges | 60/66A | €23,137,711 | €25,747,084 | +€2.6m | +11.3% |
| Goods for resale, raw materials and consumables | 60 | €11,472,583 | €12,453,311 | +€980,728 | +8.5% |
| Purchases | 600/8 | €11,483,380 | €12,453,797 | +€970,417 | +8.5% |
| Change in stocks: decrease (increase) | 609 | -€10,797 | -€486 | +€10,311 | +95.5% |
| Services and other goods | 61 | €5,678,631 | €6,003,455 | +€324,824 | +5.7% |
| Remuneration, social security and pensions | 62 | €3,834,832 | €4,523,571 | +€688,739 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,266,713 | €1,771,463 | +€504,749 | +39.8% |
| Other operating charges | 640/8 | €795,174 | €995,284 | +€200,110 | +25.2% |
| Non-recurring operating charges | 66A | €89,777 | €0 | -€89,777 | -100.0% |
| Operating profit (loss) | 9901 | €842,159 | €359,277 | -€482,881 | -57.3% |
| Financial income | 75/76B | €212,236 | €308,884 | +€96,648 | +45.5% |
| Recurring financial income | 75 | €212,236 | €308,884 | +€96,648 | +45.5% |
| Income from current assets | 751 | €173,442 | €253,008 | +€79,566 | +45.9% |
| Other financial income | 752/9 | €38,794 | €55,876 | +€17,082 | +44.0% |
| Financial charges | 65/66B | €217,421 | €282,372 | +€64,950 | +29.9% |
| Recurring financial charges | 65 | €217,421 | €282,372 | +€64,950 | +29.9% |
| Debt charges | 650 | €200,925 | €231,599 | +€30,673 | +15.3% |
| Other financial charges | 652/9 | €16,496 | €50,773 | +€34,277 | +207.8% |
| Profit (loss) for the period before taxes | 9903 | €836,973 | €385,789 | -€451,184 | -53.9% |
| Income taxes | 67/77 | €192,178 | €88,397 | -€103,781 | -54.0% |
| Taxes | 670/3 | €192,178 | €88,397 | -€103,781 | -54.0% |
| Profit (loss) for the period | 9904 | €644,795 | €297,392 | -€347,403 | -53.9% |
| Transfer to tax-exempt reserves | 689 | €100,000 | €148,306 | +€48,306 | +48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €544,795 | €149,086 | -€395,709 | -72.6% |
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 2 October 2026 via checked.be.