CICA: 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.
CICA
Largest movements
- Cash -€38,712
down €38,712 (-27.6%), from €140,308 to €101,596
mainly Debts after one year (-€52,667) and Contributions, distributions and other (-€43,000)
- Tangible fixed assets +€22,807
up €22,807 (+341.9%), from €6,671 to €29,479
- Receivables within one year +€18,038
up €18,038 (+4.9%), from €365,911 to €383,949
of which Other amounts receivable: +€52,263
- Receivables after one year -€14,695
down €14,695 (-100.0%), from €14,695 to €0
- Debts after one year -€52,667
down €52,667 (-17.9%), from €293,751 to €241,084
- Current portion of long-term debt +€42,257
up €42,257 (+212.1%), from €19,922 to €62,179
- Trade debts +€10,024
up €10,024 (+233.0%), from €4,301 to €14,325
- Tax, wage and social debts -€5,942
down €5,942 (-9.9%), from €60,036 to €54,095
of which Taxes: -€6,151
- Gross operating margin +€136,355
up €136,355 (+17.8%), from €767,314 to €903,668
- Staff costs +€127,347
up €127,347 (+18.9%), from €673,851 to €801,198
- Financial charges -€15,434
down €15,434 (-40.5%), from €38,108 to €22,673
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 | €566,798 | €555,943 | -€10,855 | -1.9% |
| Fixed assets | 21/28 | €6,671 | €29,479 | +€22,807 | +341.9% |
| Tangible fixed assets | 22/27 | €6,671 | €29,479 | +€22,807 | +341.9% |
| Furniture and vehicles | 24 | €6,671 | €29,479 | +€22,807 | +341.9% |
| Current assets | 29/58 | €560,127 | €526,464 | -€33,663 | -6.0% |
| Amounts receivable after more than one year | 29 | €14,695 | €0 | -€14,695 | -100.0% |
| Other amounts receivable | 291 | €14,695 | €0 | -€14,695 | -100.0% |
| Amounts receivable within one year | 40/41 | €365,911 | €383,949 | +€18,038 | +4.9% |
| Trade receivables | 40 | €325,899 | €291,674 | -€34,225 | -10.5% |
| Other amounts receivable | 41 | €40,012 | €92,274 | +€52,263 | +130.6% |
| Cash at bank and in hand | 54/58 | €140,308 | €101,596 | -€38,712 | -27.6% |
| Deferred charges and accrued income | 490/1 | €39,213 | €40,919 | +€1,706 | +4.4% |
| Total equity and liabilities | 10/49 | €566,798 | €555,943 | -€10,855 | -1.9% |
| Equity | 10/15 | €52,364 | €52,523 | +€159 | +0.3% |
| Reserves | 13 | €51,934 | €51,934 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,934 | €1,934 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,934 | €1,934 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €430 | €589 | +€159 | +36.8% |
| Amounts payable | 17/49 | €514,434 | €503,421 | -€11,014 | -2.1% |
| Amounts payable after more than one year | 17 | €293,751 | €241,084 | -€52,667 | -17.9% |
| Financial debts | 170/4 | €293,751 | €241,084 | -€52,667 | -17.9% |
| Amounts payable within one year | 42/48 | €220,683 | €262,233 | +€41,550 | +18.8% |
| Current portion of amounts payable after more than one year | 42 | €19,922 | €62,179 | +€42,257 | +212.1% |
| Financial debts | 43 | €131,523 | €127,203 | -€4,320 | -3.3% |
| Credit institutions | 430/8 | €131,523 | €127,203 | -€4,320 | -3.3% |
| Trade debts | 44 | €4,301 | €14,325 | +€10,024 | +233.0% |
| Suppliers | 440/4 | €4,301 | €14,325 | +€10,024 | +233.0% |
| Taxes, remuneration and social security | 45 | €60,036 | €54,095 | -€5,942 | -9.9% |
| Taxes | 450/3 | €60,036 | €53,885 | -€6,151 | -10.2% |
| Remuneration and social security | 454/9 | - | €210 | +€210 | |
| Other amounts payable | 47/48 | €4,900 | €4,431 | -€469 | -9.6% |
| Accrued charges and deferred income | 492/3 | - | €103 | +€103 | |
| Remuneration, social security and pensions | 62 | €673,851 | €801,198 | +€127,347 | +18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,309 | €11,894 | +€2,585 | +27.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,605 | €0 | -€2,605 | -100.0% |
| Other operating charges | 640/8 | €3,763 | €2,296 | -€1,467 | -39.0% |
| Gross operating margin | 9900 | €767,314 | €903,668 | +€136,355 | +17.8% |
| Operating profit (loss) | 9901 | €77,786 | €88,280 | +€10,494 | +13.5% |
| Financial income | 75/76B | €996 | €215 | -€781 | -78.4% |
| Recurring financial income | 75 | €996 | €215 | -€781 | -78.4% |
| Financial charges | 65/66B | €38,108 | €22,673 | -€15,434 | -40.5% |
| Recurring financial charges | 65 | €38,108 | €22,673 | -€15,434 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | €40,674 | €65,822 | +€25,148 | +61.8% |
| Income taxes | 67/77 | €17,939 | €22,663 | +€4,724 | +26.3% |
| Profit (loss) for the period | 9904 | €22,735 | €43,159 | +€20,424 | +89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,735 | €43,159 | +€20,424 | +89.8% |
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 7 October 2026 via checked.be.