ITKAN: what changed
ITKAN
Largest movements
- Cash -€26,147
down €26,147 (-86.2%), from €30,320 to €4,172
mainly Advances received (-€34,311) and Receivables within one year (-€10,910)
- Receivables within one year +€10,910
up €10,910 (+16.5%), from €66,152 to €77,062
of which Other amounts receivable: +€6,044
- Advances received -€34,311
no longer reported in 2025 (was €34,311)
- Trade debts +€18,836
up €18,836 (+257%), from €7,343 to €26,180
- Tax, wage and social debts +€2,640
up €2,640 (+91.2%), from €2,895 to €5,535
of which Remuneration and social security: +€2,902
- Profit (loss) carried forward -€2,389
down €2,389 (-7.3%), from €32,524 to €30,135
- Gross operating margin -€14,165
down €14,165 (-31.2%), from €45,331 to €31,166
- Staff costs +€9,107
up €9,107 (+43.6%), from €20,884 to €29,991
- Taxes -€4,504
down €4,504 (-94.5%), from €4,768 to €264
- Financial charges +€2,645
up €2,645 (+1,142%), from €232 to €2,877
of which Financial charges: +€2,597
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,533 | €82,309 | -€15,224 | -15.6% |
| Fixed assets | 21/28 | €500 | €500 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €97,033 | €81,809 | -€15,224 | -15.7% |
| Amounts receivable within one year | 40/41 | €66,152 | €77,062 | +€10,910 | +16.5% |
| Trade receivables | 40 | €44,682 | €49,547 | +€4,866 | +10.9% |
| Other amounts receivable | 41 | €21,471 | €27,515 | +€6,044 | +28.2% |
| Cash at bank and in hand | 54/58 | €30,320 | €4,172 | -€26,147 | -86.2% |
| Deferred charges and accrued income | 490/1 | €561 | €575 | +€13 | +2.4% |
| Total equity and liabilities | 10/49 | €97,533 | €82,309 | -€15,224 | -15.6% |
| Equity | 10/15 | €52,984 | €50,595 | -€2,389 | -4.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,524 | €30,135 | -€2,389 | -7.3% |
| Amounts payable | 17/49 | €44,549 | €31,715 | -€12,834 | -28.8% |
| Amounts payable within one year | 42/48 | €44,549 | €31,715 | -€12,834 | -28.8% |
| Trade debts | 44 | €7,343 | €26,180 | +€18,836 | +257% |
| Suppliers | 440/4 | €7,343 | €26,180 | +€18,836 | +257% |
| Advances received on contracts in progress | 46 | €34,311 | - | -€34,311 | |
| Taxes, remuneration and social security | 45 | €2,895 | €5,535 | +€2,640 | +91.2% |
| Taxes | 450/3 | €2,895 | €2,633 | -€262 | -9.0% |
| Remuneration and social security | 454/9 | - | €2,902 | +€2,902 | |
| Remuneration, social security and pensions | 62 | €20,884 | €29,991 | +€9,107 | +43.6% |
| Other operating charges | 640/8 | €584 | €430 | -€154 | -26.4% |
| Gross operating margin | 9900 | €45,331 | €31,166 | -€14,165 | -31.2% |
| Operating profit (loss) | 9901 | €23,863 | €746 | -€23,117 | -96.9% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €232 | €2,877 | +€2,645 | +1,142% |
| Recurring financial charges | 65 | €232 | €2,829 | +€2,597 | +1,122% |
| Non-recurring financial charges | 66B | - | €48 | +€48 | |
| Profit (loss) for the period before taxes | 9903 | €23,631 | -€2,125 | -€25,757 | |
| Income taxes | 67/77 | €4,768 | €264 | -€4,504 | -94.5% |
| Profit (loss) for the period | 9904 | €18,864 | -€2,389 | -€21,253 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,864 | -€2,389 | -€21,253 |
Next steps
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 4 November 2026 via checked.be.