CS-ICT: 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.
CS-ICT
Largest movements
- Cash +€83,097
up €83,097 (+81.1%), from €102,437 to €185,534
mainly Net result for the year (+€84,109) and Other debts (+€63,056)
- Tangible fixed assets -€30,604
down €30,604 (-8.4%), from €362,646 to €332,041
of which Furniture and vehicles: -€19,393
- Deferred charges and accrued income +€6,621
up €6,621 (+108.5%), from €6,105 to €12,726
- Other debts +€63,056
up €63,056 (+299.5%), from €21,053 to €84,109
- Tax, wage and social debts +€26,986
up €26,986 (+201.4%), from €13,399 to €40,385
of which Taxes: +€26,654
- Advances received +€17,550
new in 2025: €17,550
- Debts after one year -€16,867
down €16,867 (-7.1%), from €235,940 to €219,073
- Current portion of long-term debt -€16,390
down €16,390 (-49.3%), from €33,258 to €16,867
- Gross operating margin +€88,427
up €88,427 (+71.5%), from €123,645 to €212,072
- Taxes +€21,461
up €21,461 (+223.7%), from €9,593 to €31,053
- Write-downs +€4,065
no longer reported in 2025 (was -€4,065)
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 | €588,082 | €650,035 | +€61,952 | +10.5% |
| Fixed assets | 21/28 | €363,310 | €332,393 | -€30,916 | -8.5% |
| Tangible fixed assets | 22/27 | €362,646 | €332,041 | -€30,604 | -8.4% |
| Land and buildings | 22 | €321,012 | €312,996 | -€8,016 | -2.5% |
| Plant, machinery and equipment | 23 | €10,521 | €7,325 | -€3,196 | -30.4% |
| Furniture and vehicles | 24 | €31,113 | €11,720 | -€19,393 | -62.3% |
| Financial fixed assets | 28 | €664 | €352 | -€312 | -47.0% |
| Current assets | 29/58 | €224,773 | €317,641 | +€92,868 | +41.3% |
| Amounts receivable within one year | 40/41 | €116,231 | €119,381 | +€3,150 | +2.7% |
| Trade receivables | 40 | €83,724 | €103,048 | +€19,324 | +23.1% |
| Other amounts receivable | 41 | €32,507 | €16,333 | -€16,174 | -49.8% |
| Cash at bank and in hand | 54/58 | €102,437 | €185,534 | +€83,097 | +81.1% |
| Deferred charges and accrued income | 490/1 | €6,105 | €12,726 | +€6,621 | +108.5% |
| Total equity and liabilities | 10/49 | €588,082 | €650,035 | +€61,952 | +10.5% |
| Equity | 10/15 | €219,368 | €219,368 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €200,768 | €200,768 | = | 0.0% |
| Distributable reserves | 133 | €200,768 | €200,768 | = | 0.0% |
| Amounts payable | 17/49 | €368,715 | €430,667 | +€61,952 | +16.8% |
| Amounts payable after more than one year | 17 | €235,940 | €219,073 | -€16,867 | -7.1% |
| Financial debts | 170/4 | €235,940 | €219,073 | -€16,867 | -7.1% |
| Amounts payable within one year | 42/48 | €132,655 | €210,611 | +€77,955 | +58.8% |
| Current portion of amounts payable after more than one year | 42 | €33,258 | €16,867 | -€16,390 | -49.3% |
| Financial debts | 43 | €8,478 | €6,744 | -€1,734 | -20.5% |
| Credit institutions | 430/8 | €8,478 | €6,744 | -€1,734 | -20.5% |
| Trade debts | 44 | €56,468 | €44,956 | -€11,512 | -20.4% |
| Suppliers | 440/4 | €56,468 | €44,956 | -€11,512 | -20.4% |
| Advances received on contracts in progress | 46 | - | €17,550 | +€17,550 | |
| Taxes, remuneration and social security | 45 | €13,399 | €40,385 | +€26,986 | +201.4% |
| Taxes | 450/3 | €7,266 | €33,921 | +€26,654 | +366.8% |
| Remuneration and social security | 454/9 | €6,133 | €6,464 | +€331 | +5.4% |
| Other amounts payable | 47/48 | €21,053 | €84,109 | +€63,056 | +299.5% |
| Accrued charges and deferred income | 492/3 | €120 | €984 | +€864 | +720.6% |
| Remuneration, social security and pensions | 62 | €50,238 | €51,811 | +€1,573 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,596 | €32,369 | -€1,227 | -3.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,065 | - | +€4,065 | |
| Other operating charges | 640/8 | €3,157 | €3,266 | +€109 | +3.5% |
| Gross operating margin | 9900 | €123,645 | €212,072 | +€88,427 | +71.5% |
| Operating profit (loss) | 9901 | €40,719 | €124,625 | +€83,906 | +206.1% |
| Financial income | 75/76B | €2,257 | €920 | -€1,337 | -59.2% |
| Recurring financial income | 75 | €2,257 | €920 | -€1,337 | -59.2% |
| Financial charges | 65/66B | €12,331 | €10,383 | -€1,947 | -15.8% |
| Recurring financial charges | 65 | €12,331 | €10,383 | -€1,947 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €30,645 | €115,162 | +€84,517 | +275.8% |
| Income taxes | 67/77 | €9,593 | €31,053 | +€21,461 | +223.7% |
| Profit (loss) for the period | 9904 | €21,053 | €84,109 | +€63,056 | +299.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,053 | €84,109 | +€63,056 | +299.5% |
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 29 September 2026 via checked.be.