I.C.A.: 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.
I.C.A.
Largest movements
- Cash +€17,312
up €17,312 (+40.0%), from €43,329 to €60,641
mainly Net result for the year (+€17,937) and Tax, wage and social debts (+€3,970)
- Reserves +€17,937
up €17,937 (+99.7%), from €17,991 to €35,927
- Tax, wage and social debts +€3,970
up €3,970 (+28.8%), from €13,782 to €17,752
- Other debts -€3,876
down €3,876 (-46.0%), from €8,427 to €4,551
- Trade debts -€721
down €721 (-100%), from €721 to €0
- Gross operating margin +€13,576
up €13,576 (+84.2%), from €16,129 to €29,705
- Taxes +€4,698
up €4,698 (+84.3%), from €5,571 to €10,268
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.
Derived cash bridge
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 | €43,354 | €60,664 | +€17,309 | +39.9% |
| Current assets | 29/58 | €43,354 | €60,664 | +€17,309 | +39.9% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €43,329 | €60,641 | +€17,312 | +40.0% |
| Deferred charges and accrued income | 490/1 | €25 | €23 | -€2 | -9.7% |
| Total equity and liabilities | 10/49 | €43,354 | €60,664 | +€17,309 | +39.9% |
| Equity | 10/15 | €20,423 | €38,360 | +€17,937 | +87.8% |
| Contributions | 10/11 | €1,250 | €1,250 | = | 0.0% |
| Reserves | 13 | €17,991 | €35,927 | +€17,937 | +99.7% |
| Distributable reserves | 133 | €17,991 | €35,927 | +€17,937 | +99.7% |
| Profit (loss) carried forward | 14 | €1,182 | €1,182 | = | 0.0% |
| Amounts payable | 17/49 | €22,931 | €22,304 | -€627 | -2.7% |
| Amounts payable within one year | 42/48 | €22,931 | €22,304 | -€627 | -2.7% |
| Trade debts | 44 | €721 | €0 | -€721 | -100% |
| Suppliers | 440/4 | €721 | €0 | -€721 | -100% |
| Taxes, remuneration and social security | 45 | €13,782 | €17,752 | +€3,970 | +28.8% |
| Taxes | 450/3 | €13,782 | €17,752 | +€3,970 | +28.8% |
| Other amounts payable | 47/48 | €8,427 | €4,551 | -€3,876 | -46.0% |
| Other operating charges | 640/8 | €882 | €967 | +€85 | +9.6% |
| Gross operating margin | 9900 | €16,129 | €29,705 | +€13,576 | +84.2% |
| Operating profit (loss) | 9901 | €15,246 | €28,738 | +€13,492 | +88.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | +3,000% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +3,000% |
| Financial charges | 65/66B | €807 | €534 | -€273 | -33.9% |
| Recurring financial charges | 65 | €807 | €534 | -€273 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €14,439 | €28,205 | +€13,765 | +95.3% |
| Income taxes | 67/77 | €5,571 | €10,268 | +€4,698 | +84.3% |
| Profit (loss) for the period | 9904 | €8,869 | €17,937 | +€9,068 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €8,869 | €17,937 | +€9,068 | +102% |
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 14 October 2026 via checked.be.