IC BUILD: 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 BUILD
Largest movements
- Receivables within one year +€34,629
up €34,629 (+176%), from €19,684 to €54,314
of which Other amounts receivable: +€28,865
- Cash +€8,820
up €8,820, from €0 to €8,820
mainly Net result for the year (+€27,178) and Tax, wage and social debts (+€15,282)
- Reserves +€27,000
up €27,000 (+270%), from €10,000 to €37,000
of which Non-distributable reserves: +€27,000
- Tax, wage and social debts +€15,282
up €15,282 (+263%), from €5,820 to €21,102
of which Taxes: +€11,050
- Gross operating margin +€10,752
up €10,752 (+40.5%), from €26,540 to €37,292
- Financial charges -€6,068
down €6,068 (-86.5%), from €7,012 to €944
- Taxes +€4,931
up €4,931 (+84.7%), from €5,820 to €10,751
- Financial income +€1,504
up €1,504 (+267%), from €564 to €2,068
- Other operating charges +€486
new in 2025: €486
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 | €20,450 | €63,534 | +€43,084 | +211% |
| Fixed assets | 21/28 | €400 | €400 | = | 0.0% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €20,050 | €63,134 | +€43,084 | +215% |
| Amounts receivable within one year | 40/41 | €19,684 | €54,314 | +€34,629 | +176% |
| Trade receivables | 40 | - | €5,764 | +€5,764 | |
| Other amounts receivable | 41 | €19,684 | €48,550 | +€28,865 | +147% |
| Cash at bank and in hand | 54/58 | €0 | €8,820 | +€8,820 | |
| Deferred charges and accrued income | 490/1 | €366 | €0 | -€366 | -100% |
| Total equity and liabilities | 10/49 | €20,450 | €63,534 | +€43,084 | +211% |
| Equity | 10/15 | €14,272 | €41,450 | +€27,178 | +190% |
| Reserves | 13 | €10,000 | €37,000 | +€27,000 | +270% |
| Non-distributable reserves | 130/1 | - | €27,000 | +€27,000 | |
| Other | 1319 | - | €27,000 | +€27,000 | |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,272 | €4,450 | +€178 | +4.2% |
| Amounts payable | 17/49 | €6,179 | €22,084 | +€15,906 | +257% |
| Amounts payable within one year | 42/48 | €6,179 | €21,870 | +€15,691 | +254% |
| Financial debts | 43 | €15 | - | -€15 | |
| Other loans | 439 | €15 | - | -€15 | |
| Trade debts | 44 | €344 | €768 | +€424 | +123% |
| Suppliers | 440/4 | €344 | €768 | +€424 | +123% |
| Taxes, remuneration and social security | 45 | €5,820 | €21,102 | +€15,282 | +263% |
| Taxes | 450/3 | €5,820 | €16,870 | +€11,050 | +190% |
| Remuneration and social security | 454/9 | - | €4,232 | +€4,232 | |
| Accrued charges and deferred income | 492/3 | - | €214 | +€214 | |
| Other operating charges | 640/8 | - | €486 | +€486 | |
| Gross operating margin | 9900 | €26,540 | €37,292 | +€10,752 | +40.5% |
| Operating profit (loss) | 9901 | €26,540 | €36,805 | +€10,265 | +38.7% |
| Financial income | 75/76B | €564 | €2,068 | +€1,504 | +267% |
| Recurring financial income | 75 | €564 | €2,068 | +€1,504 | +267% |
| Financial charges | 65/66B | €7,012 | €944 | -€6,068 | -86.5% |
| Recurring financial charges | 65 | €7,012 | €944 | -€6,068 | -86.5% |
| Profit (loss) for the period before taxes | 9903 | €20,092 | €37,930 | +€17,838 | +88.8% |
| Income taxes | 67/77 | €5,820 | €10,751 | +€4,931 | +84.7% |
| Profit (loss) for the period | 9904 | €14,272 | €27,178 | +€12,907 | +90.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,272 | €27,178 | +€12,907 | +90.4% |
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 26 October 2026 via checked.be.