I C Work: 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.
I C Work
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Trade debts -€4,901
down €4,901 (-42.5%), from €11,531 to €6,630
- Tax, wage and social debts +€4,679
up €4,679 (+48.9%), from €9,567 to €14,246
of which Remuneration and social security: +€3,492
- Other debts +€3,760
up €3,760 (+29.1%), from €12,921 to €16,681
- Profit (loss) carried forward -€3,246
down €3,246 (-146.1%), from -€2,222 to -€5,468
- Staff costs -€2,472
down €2,472 (-17.3%), from €14,291 to €11,819
- Gross operating margin -€1,852
down €1,852 (-12.4%), from €14,900 to €13,048
- Financial charges -€372
down €372 (-20.6%), from €1,805 to €1,433
- Other operating charges +€280
up €280 (+11.1%), from €2,525 to €2,805
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 | €70,957 | €71,249 | +€292 | +0.4% |
| Fixed assets | 21/28 | €65,880 | €65,880 | = | 0.0% |
| Tangible fixed assets | 22/27 | €65,880 | €65,880 | = | 0.0% |
| Land and buildings | 22 | €65,880 | €65,880 | = | 0.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €5,077 | €5,369 | +€292 | +5.8% |
| Amounts receivable within one year | 40/41 | €2,500 | €2,779 | +€279 | +11.1% |
| Trade receivables | 40 | - | €279 | +€279 | |
| Other amounts receivable | 41 | €2,500 | €2,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,577 | €2,590 | +€13 | +0.5% |
| Total equity and liabilities | 10/49 | €70,957 | €71,249 | +€292 | +0.4% |
| Equity | 10/15 | €36,938 | €33,692 | -€3,246 | -8.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €32,959 | €32,959 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €31,099 | €31,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,222 | -€5,468 | -€3,246 | -146.1% |
| Amounts payable | 17/49 | €34,019 | €37,557 | +€3,538 | +10.4% |
| Amounts payable within one year | 42/48 | €34,019 | €37,557 | +€3,538 | +10.4% |
| Trade debts | 44 | €11,531 | €6,630 | -€4,901 | -42.5% |
| Suppliers | 440/4 | €11,531 | €6,630 | -€4,901 | -42.5% |
| Taxes, remuneration and social security | 45 | €9,567 | €14,246 | +€4,679 | +48.9% |
| Taxes | 450/3 | €4,374 | €5,561 | +€1,187 | +27.1% |
| Remuneration and social security | 454/9 | €5,193 | €8,685 | +€3,492 | +67.3% |
| Other amounts payable | 47/48 | €12,921 | €16,681 | +€3,760 | +29.1% |
| Remuneration, social security and pensions | 62 | €14,291 | €11,819 | -€2,472 | -17.3% |
| Other operating charges | 640/8 | €2,525 | €2,805 | +€280 | +11.1% |
| Gross operating margin | 9900 | €14,900 | €13,048 | -€1,852 | -12.4% |
| Operating profit (loss) | 9901 | -€1,916 | -€1,576 | +€340 | +17.8% |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Financial charges | 65/66B | €1,805 | €1,433 | -€372 | -20.6% |
| Recurring financial charges | 65 | €1,805 | €1,433 | -€372 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,722 | -€3,009 | +€712 | +19.1% |
| Income taxes | 67/77 | €249 | €237 | -€13 | -5.0% |
| Profit (loss) for the period | 9904 | -€3,971 | -€3,246 | +€725 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,971 | -€3,246 | +€725 | +18.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.