ITYZ: 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.
ITYZ
Largest movements
- Receivables within one year +€19,582
up €19,582 (+18.7%), from €104,640 to €124,222
of which Trade receivables: +€30,728
- Cash -€10,984
down €10,984 (-56.1%), from €19,594 to €8,610
mainly Contributions, distributions and other (-€51,761) and Receivables within one year (-€19,582)
- Tangible fixed assets -€3,163
down €3,163 (-2.2%), from €141,733 to €138,570
of which Land and buildings: -€3,996
- Trade debts +€17,553
new in 2025: €17,553
- Reserves -€16,798
down €16,798 (-10.0%), from €167,905 to €151,107
- Tax, wage and social debts +€14,303
up €14,303 (+112.3%), from €12,731 to €27,034
- Debts after one year -€11,147
down €11,147 (-14.2%), from €78,352 to €67,205
- Gross operating margin +€31,065
up €31,065 (+108.1%), from €28,739 to €59,804
- Taxes +€12,435
up €12,435 (+159.6%), from €7,793 to €20,228
- Financial income -€1,418
down €1,418 (-22.4%), from €6,333 to €4,915
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 | €265,967 | €271,402 | +€5,435 | +2.0% |
| Fixed assets | 21/28 | €141,733 | €138,570 | -€3,163 | -2.2% |
| Tangible fixed assets | 22/27 | €141,733 | €138,570 | -€3,163 | -2.2% |
| Land and buildings | 22 | €139,677 | €135,681 | -€3,996 | -2.9% |
| Furniture and vehicles | 24 | €2,056 | €2,889 | +€833 | +40.5% |
| Current assets | 29/58 | €124,234 | €132,832 | +€8,598 | +6.9% |
| Amounts receivable within one year | 40/41 | €104,640 | €124,222 | +€19,582 | +18.7% |
| Trade receivables | 40 | €8,750 | €39,478 | +€30,728 | +351.2% |
| Other amounts receivable | 41 | €95,890 | €84,744 | -€11,146 | -11.6% |
| Cash at bank and in hand | 54/58 | €19,594 | €8,610 | -€10,984 | -56.1% |
| Total equity and liabilities | 10/49 | €265,967 | €271,402 | +€5,435 | +2.0% |
| Equity | 10/15 | €165,261 | €148,463 | -€16,798 | -10.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €167,905 | €151,107 | -€16,798 | -10.0% |
| Distributable reserves | 133 | €167,905 | €151,107 | -€16,798 | -10.0% |
| Profit (loss) carried forward | 14 | -€8,844 | -€8,844 | = | 0.0% |
| Amounts payable | 17/49 | €100,706 | €122,939 | +€22,233 | +22.1% |
| Amounts payable after more than one year | 17 | €78,352 | €67,205 | -€11,147 | -14.2% |
| Financial debts | 170/4 | €78,352 | €67,205 | -€11,147 | -14.2% |
| Amounts payable within one year | 42/48 | €22,354 | €55,734 | +€33,380 | +149.3% |
| Current portion of amounts payable after more than one year | 42 | €9,623 | €11,147 | +€1,524 | +15.8% |
| Trade debts | 44 | - | €17,553 | +€17,553 | |
| Suppliers | 440/4 | - | €17,553 | +€17,553 | |
| Taxes, remuneration and social security | 45 | €12,731 | €27,034 | +€14,303 | +112.3% |
| Taxes | 450/3 | €12,731 | €27,034 | +€14,303 | +112.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,927 | €5,337 | +€410 | +8.3% |
| Other operating charges | 640/8 | €782 | €805 | +€23 | +2.9% |
| Gross operating margin | 9900 | €28,739 | €59,804 | +€31,065 | +108.1% |
| Operating profit (loss) | 9901 | €23,030 | €53,662 | +€30,632 | +133.0% |
| Financial income | 75/76B | €6,333 | €4,915 | -€1,418 | -22.4% |
| Recurring financial income | 75 | €6,333 | €4,915 | -€1,418 | -22.4% |
| Financial charges | 65/66B | €3,786 | €3,386 | -€400 | -10.6% |
| Recurring financial charges | 65 | €3,786 | €3,386 | -€400 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €25,577 | €55,191 | +€29,614 | +115.8% |
| Income taxes | 67/77 | €7,793 | €20,228 | +€12,435 | +159.6% |
| Profit (loss) for the period | 9904 | €17,784 | €34,963 | +€17,179 | +96.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,784 | €34,963 | +€17,179 | +96.6% |
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 3 October 2026 via checked.be.