IC BEHEER 1: 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.
IC BEHEER 1
Largest movements
- Receivables within one year +€58,083
up €58,083 (+776%), from €7,489 to €65,572
of which Other amounts receivable: +€51,501
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Tangible fixed assets -€30,973
down €30,973 (-11.1%), from €279,484 to €248,510
of which Furniture and vehicles: -€26,334
- Cash +€9,069
up €9,069 (+9.5%), from €95,628 to €104,697
mainly Net result for the year (+€72,272) and Current investments (+€50,000)
- Debts after one year -€25,741
down €25,741 (-12.9%), from €200,142 to €174,401
- Reserves +€12,084
up €12,084 (+20.5%), from €58,977 to €71,061
- Tax, wage and social debts -€9,626
down €9,626 (-100%), from €9,626 to €0
- Other debts +€9,185
up €9,185 (+8.7%), from €106,099 to €115,284
- Depreciation -€17,475
down €17,475 (-33.3%), from €52,442 to €34,967
- Gross operating margin -€8,675
down €8,675 (-6.1%), from €142,800 to €134,125
- Taxes +€2,446
up €2,446 (+14.1%), from €17,369 to €19,815
- Financial income +€2,346
up €2,346 (+906%), from €259 to €2,605
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 | €435,007 | €421,209 | -€13,798 | -3.2% |
| Fixed assets | 21/28 | €279,484 | €248,510 | -€30,973 | -11.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €279,484 | €248,510 | -€30,973 | -11.1% |
| Land and buildings | 22 | €192,183 | €187,543 | -€4,640 | -2.4% |
| Furniture and vehicles | 24 | €87,301 | €60,967 | -€26,334 | -30.2% |
| Current assets | 29/58 | €155,523 | €172,699 | +€17,176 | +11.0% |
| Amounts receivable within one year | 40/41 | €7,489 | €65,572 | +€58,083 | +776% |
| Trade receivables | 40 | €4,858 | €11,441 | +€6,583 | +135% |
| Other amounts receivable | 41 | €2,631 | €54,131 | +€51,501 | +1,958% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €95,628 | €104,697 | +€9,069 | +9.5% |
| Deferred charges and accrued income | 490/1 | €2,406 | €2,430 | +€23 | +1.0% |
| Total equity and liabilities | 10/49 | €435,007 | €421,209 | -€13,798 | -3.2% |
| Equity | 10/15 | €77,577 | €89,661 | +€12,084 | +15.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €58,977 | €71,061 | +€12,084 | +20.5% |
| Distributable reserves | 133 | €58,977 | €71,061 | +€12,084 | +20.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €357,430 | €331,548 | -€25,881 | -7.2% |
| Amounts payable after more than one year | 17 | €200,142 | €174,401 | -€25,741 | -12.9% |
| Financial debts | 170/4 | €200,142 | €174,401 | -€25,741 | -12.9% |
| Amounts payable within one year | 42/48 | €153,390 | €153,473 | +€83 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €28,663 | €25,741 | -€2,922 | -10.2% |
| Trade debts | 44 | €9,002 | €12,448 | +€3,446 | +38.3% |
| Suppliers | 440/4 | €9,002 | €12,448 | +€3,446 | +38.3% |
| Taxes, remuneration and social security | 45 | €9,626 | €0 | -€9,626 | -100% |
| Taxes | 450/3 | €9,626 | €0 | -€9,626 | -100% |
| Other amounts payable | 47/48 | €106,099 | €115,284 | +€9,185 | +8.7% |
| Accrued charges and deferred income | 492/3 | €3,897 | €3,674 | -€223 | -5.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,442 | €34,967 | -€17,475 | -33.3% |
| Other operating charges | 640/8 | €1,938 | €1,354 | -€584 | -30.1% |
| Gross operating margin | 9900 | €142,800 | €134,125 | -€8,675 | -6.1% |
| Operating profit (loss) | 9901 | €88,419 | €97,803 | +€9,384 | +10.6% |
| Financial income | 75/76B | €259 | €2,605 | +€2,346 | +906% |
| Recurring financial income | 75 | €259 | €2,605 | +€2,346 | +906% |
| Financial charges | 65/66B | €8,727 | €8,322 | -€405 | -4.6% |
| Recurring financial charges | 65 | €8,727 | €8,322 | -€405 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €79,951 | €92,087 | +€12,136 | +15.2% |
| Income taxes | 67/77 | €17,369 | €19,815 | +€2,446 | +14.1% |
| Profit (loss) for the period | 9904 | €62,582 | €72,272 | +€9,690 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €62,582 | €72,272 | +€9,690 | +15.5% |
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 20 October 2026 via checked.be.