ITSOLVA: 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.
ITSOLVA
Largest movements
- Cash +€16,320
up €16,320 (+302.4%), from €5,397 to €21,716
mainly Net result for the year (+€29,226) and Receivables within one year (+€10,544)
- Receivables within one year -€10,544
down €10,544 (-35.9%), from €29,382 to €18,838
of which Trade receivables: -€15,418
- Tangible fixed assets +€5,297
up €5,297 (+54.3%), from €9,750 to €15,047
of which Furniture and vehicles: +€5,965
- Reserves +€29,226
up €29,226 (+35.3%), from €82,865 to €112,092
- Debts after one year -€16,764
down €16,764 (-4.9%), from €342,651 to €325,887
- Gross operating margin +€10,685
up €10,685 (+23.5%), from €45,485 to €56,169
- Taxes +€2,613
up €2,613 (+52.1%), from €5,013 to €7,626
- Other operating charges -€1,343
down €1,343 (-67.2%), from €1,999 to €655
- Financial charges -€892
down €892 (-5.7%), from €15,684 to €14,792
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 | €480,396 | €490,655 | +€10,259 | +2.1% |
| Fixed assets | 21/28 | €14,750 | €20,047 | +€5,297 | +35.9% |
| Tangible fixed assets | 22/27 | €9,750 | €15,047 | +€5,297 | +54.3% |
| Plant, machinery and equipment | 23 | €650 | €318 | -€332 | -51.1% |
| Furniture and vehicles | 24 | €8,619 | €14,584 | +€5,965 | +69.2% |
| Other tangible fixed assets | 26 | €481 | €145 | -€337 | -69.9% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €465,645 | €470,607 | +€4,962 | +1.1% |
| Stocks and contracts in progress | 3 | €428,108 | €428,108 | = | 0.0% |
| Stocks | 30/36 | €428,108 | €428,108 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €29,382 | €18,838 | -€10,544 | -35.9% |
| Trade receivables | 40 | €28,395 | €12,977 | -€15,418 | -54.3% |
| Other amounts receivable | 41 | €987 | €5,861 | +€4,874 | +494.0% |
| Cash at bank and in hand | 54/58 | €5,397 | €21,716 | +€16,320 | +302.4% |
| Deferred charges and accrued income | 490/1 | €2,759 | €1,945 | -€814 | -29.5% |
| Total equity and liabilities | 10/49 | €480,396 | €490,655 | +€10,259 | +2.1% |
| Equity | 10/15 | €88,865 | €118,092 | +€29,226 | +32.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €82,865 | €112,092 | +€29,226 | +35.3% |
| Distributable reserves | 133 | €82,865 | €112,092 | +€29,226 | +35.3% |
| Amounts payable | 17/49 | €391,530 | €372,563 | -€18,968 | -4.8% |
| Amounts payable after more than one year | 17 | €342,651 | €325,887 | -€16,764 | -4.9% |
| Financial debts | 170/4 | €342,651 | €325,887 | -€16,764 | -4.9% |
| Amounts payable within one year | 42/48 | €45,782 | €42,904 | -€2,878 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €16,112 | €16,764 | +€652 | +4.0% |
| Trade debts | 44 | €814 | €523 | -€291 | -35.8% |
| Suppliers | 440/4 | €814 | €523 | -€291 | -35.8% |
| Taxes, remuneration and social security | 45 | €15,952 | €12,996 | -€2,956 | -18.5% |
| Taxes | 450/3 | €15,952 | €12,996 | -€2,956 | -18.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €12,904 | €12,621 | -€283 | -2.2% |
| Accrued charges and deferred income | 492/3 | €3,097 | €3,771 | +€674 | +21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,378 | €3,870 | -€508 | -11.6% |
| Other operating charges | 640/8 | €1,999 | €655 | -€1,343 | -67.2% |
| Gross operating margin | 9900 | €45,485 | €56,169 | +€10,685 | +23.5% |
| Operating profit (loss) | 9901 | €39,108 | €51,644 | +€12,536 | +32.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €15,684 | €14,792 | -€892 | -5.7% |
| Recurring financial charges | 65 | €15,684 | €14,792 | -€892 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €23,424 | €36,852 | +€13,428 | +57.3% |
| Income taxes | 67/77 | €5,013 | €7,626 | +€2,613 | +52.1% |
| Profit (loss) for the period | 9904 | €18,411 | €29,226 | +€10,815 | +58.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,411 | €29,226 | +€10,815 | +58.7% |
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 5 October 2026 via checked.be.