E-ICT: what changed
E-ICT
Largest movements
- Cash -€202,162
down €202,162 (-45.0%), from €448,751 to €246,589
mainly Receivables within one year (-€198,050) and Contributions, distributions and other (-€174,121)
- Receivables within one year +€198,050
up €198,050 (+38.0%), from €521,786 to €719,835
of which Other amounts receivable: +€182,135
- Deferred charges and accrued income +€46,500
up €46,500 (+201%), from €23,145 to €69,646
- Tangible fixed assets +€30,389
up €30,389 (+380%), from €8,003 to €38,393
of which Furniture and vehicles: +€31,169
- Reserves +€42,381
up €42,381 (+4.4%), from €961,063 to €1.0m
- Tax, wage and social debts +€23,546
up €23,546 (+60.3%), from €39,017 to €62,563
of which Taxes: +€23,533
- Gross operating margin -€283,395
down €283,395 (-52.2%), from €542,798 to €259,403
- Taxes -€84,789
down €84,789 (-49.8%), from €170,355 to €85,567
- Financial income +€54,965
up €54,965 (+646%), from €8,505 to €63,470
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 | €1,016,961 | €1,089,739 | +€72,777 | +7.2% |
| Fixed assets | 21/28 | €23,279 | €53,669 | +€30,389 | +131% |
| Tangible fixed assets | 22/27 | €8,003 | €38,393 | +€30,389 | +380% |
| Land and buildings | 22 | €3,050 | €2,270 | -€779 | -25.6% |
| Furniture and vehicles | 24 | €4,954 | €36,122 | +€31,169 | +629% |
| Financial fixed assets | 28 | €15,276 | €15,276 | = | 0.0% |
| Current assets | 29/58 | €993,682 | €1,036,070 | +€42,388 | +4.3% |
| Amounts receivable within one year | 40/41 | €521,786 | €719,835 | +€198,050 | +38.0% |
| Trade receivables | 40 | €521,780 | €537,694 | +€15,914 | +3.0% |
| Other amounts receivable | 41 | €6 | €182,141 | +€182,135 | +3,311,553% |
| Cash at bank and in hand | 54/58 | €448,751 | €246,589 | -€202,162 | -45.0% |
| Deferred charges and accrued income | 490/1 | €23,145 | €69,646 | +€46,500 | +201% |
| Total equity and liabilities | 10/49 | €1,016,961 | €1,089,739 | +€72,777 | +7.2% |
| Equity | 10/15 | €971,063 | €1,013,444 | +€42,381 | +4.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €961,063 | €1,003,444 | +€42,381 | +4.4% |
| Distributable reserves | 133 | €961,063 | €1,003,444 | +€42,381 | +4.4% |
| Amounts payable | 17/49 | €45,899 | €76,295 | +€30,396 | +66.2% |
| Amounts payable within one year | 42/48 | €42,675 | €75,038 | +€32,364 | +75.8% |
| Trade debts | 44 | €2,834 | €12,475 | +€9,641 | +340% |
| Suppliers | 440/4 | €2,834 | €12,475 | +€9,641 | +340% |
| Taxes, remuneration and social security | 45 | €39,017 | €62,563 | +€23,546 | +60.3% |
| Taxes | 450/3 | €38,985 | €62,518 | +€23,533 | +60.4% |
| Remuneration and social security | 454/9 | €32 | €46 | +€13 | +41.1% |
| Other amounts payable | 47/48 | €823 | - | -€823 | |
| Accrued charges and deferred income | 492/3 | €3,224 | €1,256 | -€1,967 | -61.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,427 | €12,192 | +€4,765 | +64.2% |
| Other operating charges | 640/8 | €547 | €1,325 | +€777 | +142% |
| Gross operating margin | 9900 | €542,798 | €259,403 | -€283,395 | -52.2% |
| Operating profit (loss) | 9901 | €534,824 | €245,886 | -€288,938 | -54.0% |
| Financial income | 75/76B | €8,505 | €63,470 | +€54,965 | +646% |
| Recurring financial income | 75 | €8,505 | €63,470 | +€54,965 | +646% |
| Financial charges | 65/66B | €7,044 | €7,288 | +€244 | +3.5% |
| Recurring financial charges | 65 | €7,044 | €7,288 | +€244 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €536,285 | €302,068 | -€234,216 | -43.7% |
| Income taxes | 67/77 | €170,355 | €85,567 | -€84,789 | -49.8% |
| Profit (loss) for the period | 9904 | €365,930 | €216,502 | -€149,428 | -40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €365,930 | €216,502 | -€149,428 | -40.8% |
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 5 November 2026 via checked.be.