13 ICT: what changed
Two financial 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.
13 ICT
Largest movements
- Tangible fixed assets +€309,115
new in 2025: €309,115
- Cash -€69,730
down €69,730 (-48.0%), from €145,269 to €75,538
mainly Investment in fixed assets (net) (-€354,822) and Contributions, distributions and other (-€62,139)
- Receivables after one year -€30,000
down €30,000 (-100.0%), from €30,000 to €0
- Receivables within one year +€12,122
up €12,122 (+75.2%), from €16,117 to €28,238
of which Other amounts receivable: +€12,726
- Debts after one year +€224,640
new in 2025: €224,640
- Reserves -€31,742
down €31,742 (-19.9%), from €159,877 to €128,135
- Current portion of long-term debt +€21,793
new in 2025: €21,793
- Other debts +€4,532
up €4,532 (+519.1%), from €873 to €5,405
- Trade debts +€4,405
up €4,405 (+103.2%), from €4,269 to €8,674
- Depreciation +€45,707
new in 2025: €45,707
- Taxes -€7,248
down €7,248 (-38.0%), from €19,082 to €11,835
- Gross operating margin +€2,377
up €2,377 (+2.7%), from €87,378 to €89,755
- Financial charges +€1,869
up €1,869 (+1146.6%), from €163 to €2,032
- Financial income -€1,137
down €1,137 (-54.3%), from €2,094 to €957
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 | €194,457 | €415,595 | +€221,138 | +113.7% |
| Fixed assets | 21/28 | - | €309,115 | +€309,115 | |
| Tangible fixed assets | 22/27 | - | €309,115 | +€309,115 | |
| Land and buildings | 22 | - | €309,115 | +€309,115 | |
| Current assets | 29/58 | €194,457 | €106,480 | -€87,977 | -45.2% |
| Amounts receivable after more than one year | 29 | €30,000 | €0 | -€30,000 | -100.0% |
| Other amounts receivable | 291 | €30,000 | €0 | -€30,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €16,117 | €28,238 | +€12,122 | +75.2% |
| Trade receivables | 40 | €15,417 | €14,812 | -€604 | -3.9% |
| Other amounts receivable | 41 | €700 | €13,426 | +€12,726 | +1817.6% |
| Cash at bank and in hand | 54/58 | €145,269 | €75,538 | -€69,730 | -48.0% |
| Deferred charges and accrued income | 490/1 | €3,072 | €2,703 | -€369 | -12.0% |
| Total equity and liabilities | 10/49 | €194,457 | €415,595 | +€221,138 | +113.7% |
| Equity | 10/15 | €162,377 | €130,635 | -€31,742 | -19.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €159,877 | €128,135 | -€31,742 | -19.9% |
| Distributable reserves | 133 | €159,877 | €128,135 | -€31,742 | -19.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €32,080 | €284,960 | +€252,880 | +788.3% |
| Amounts payable after more than one year | 17 | - | €224,640 | +€224,640 | |
| Financial debts | 170/4 | - | €224,640 | +€224,640 | |
| Amounts payable within one year | 42/48 | €31,865 | €59,008 | +€27,143 | +85.2% |
| Current portion of amounts payable after more than one year | 42 | - | €21,793 | +€21,793 | |
| Trade debts | 44 | €4,269 | €8,674 | +€4,405 | +103.2% |
| Suppliers | 440/4 | €4,269 | €8,674 | +€4,405 | +103.2% |
| Taxes, remuneration and social security | 45 | €26,723 | €23,136 | -€3,587 | -13.4% |
| Taxes | 450/3 | €26,723 | €23,136 | -€3,587 | -13.4% |
| Other amounts payable | 47/48 | €873 | €5,405 | +€4,532 | +519.1% |
| Accrued charges and deferred income | 492/3 | €215 | €1,312 | +€1,098 | +511.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €45,707 | +€45,707 | |
| Other operating charges | 640/8 | €591 | €742 | +€151 | +25.5% |
| Gross operating margin | 9900 | €87,378 | €89,755 | +€2,377 | +2.7% |
| Operating profit (loss) | 9901 | €86,786 | €43,306 | -€43,480 | -50.1% |
| Financial income | 75/76B | €2,094 | €957 | -€1,137 | -54.3% |
| Recurring financial income | 75 | €2,094 | €957 | -€1,137 | -54.3% |
| Financial charges | 65/66B | €163 | €2,032 | +€1,869 | +1146.6% |
| Recurring financial charges | 65 | €163 | €2,032 | +€1,869 | +1146.6% |
| Profit (loss) for the period before taxes | 9903 | €88,718 | €42,232 | -€46,486 | -52.4% |
| Income taxes | 67/77 | €19,082 | €11,835 | -€7,248 | -38.0% |
| Profit (loss) for the period | 9904 | €69,635 | €30,397 | -€39,238 | -56.3% |
| Profit (loss) for the period to be appropriated | 9905 | €69,635 | €30,397 | -€39,238 | -56.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.