iC Consult Belgium: 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 Consult Belgium
Largest movements
- Receivables within one year -€256,205
down €256,205 (-40.7%), from €629,290 to €373,085
of which Trade receivables: -€248,614
- Cash -€88,980
down €88,980 (-27.2%), from €327,418 to €238,438
mainly Trade debts (-€367,632) and Short-term financial debts (-€150,000)
- Stocks and contracts -€12,414
down €12,414 (-82.3%), from €15,091 to €2,677
- Trade debts -€367,632
down €367,632 (-71.7%), from €512,837 to €145,205
- Short-term financial debts -€150,000
down €150,000 (-60.0%), from €250,000 to €100,000
of which Other loans: -€150,000
- Profit (loss) carried forward +€116,872
up €116,872 (+113%), from €103,062 to €219,934
- Tax, wage and social debts +€39,580
up €39,580 (+44.7%), from €88,531 to €128,111
of which Remuneration and social security: +€45,319
- Staff costs +€133,878
up €133,878 (+50.4%), from €265,548 to €399,426
- Gross operating margin +€94,382
up €94,382 (+19.0%), from €497,886 to €592,268
- Financial charges +€5,944
up €5,944 (+32.2%), from €18,436 to €24,379
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 | €979,658 | €624,787 | -€354,871 | -36.2% |
| Fixed assets | 21/28 | €6,244 | €5,098 | -€1,146 | -18.4% |
| Tangible fixed assets | 22/27 | €6,244 | €5,098 | -€1,146 | -18.4% |
| Furniture and vehicles | 24 | €6,244 | €5,098 | -€1,146 | -18.4% |
| Current assets | 29/58 | €973,414 | €619,689 | -€353,725 | -36.3% |
| Stocks and contracts in progress | 3 | €15,091 | €2,677 | -€12,414 | -82.3% |
| Stocks | 30/36 | €15,091 | €2,677 | -€12,414 | -82.3% |
| Amounts receivable within one year | 40/41 | €629,290 | €373,085 | -€256,205 | -40.7% |
| Trade receivables | 40 | €582,189 | €333,575 | -€248,614 | -42.7% |
| Other amounts receivable | 41 | €47,101 | €39,511 | -€7,590 | -16.1% |
| Cash at bank and in hand | 54/58 | €327,418 | €238,438 | -€88,980 | -27.2% |
| Deferred charges and accrued income | 490/1 | €1,615 | €5,489 | +€3,874 | +240% |
| Total equity and liabilities | 10/49 | €979,658 | €624,787 | -€354,871 | -36.2% |
| Equity | 10/15 | €128,062 | €244,934 | +€116,872 | +91.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,062 | €219,934 | +€116,872 | +113% |
| Amounts payable | 17/49 | €851,596 | €379,853 | -€471,743 | -55.4% |
| Amounts payable within one year | 42/48 | €851,596 | €373,316 | -€478,280 | -56.2% |
| Current portion of amounts payable after more than one year | 42 | €228 | €0 | -€228 | -100% |
| Financial debts | 43 | €250,000 | €100,000 | -€150,000 | -60.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Other loans | 439 | €150,000 | €0 | -€150,000 | -100% |
| Trade debts | 44 | €512,837 | €145,205 | -€367,632 | -71.7% |
| Suppliers | 440/4 | €512,837 | €145,205 | -€367,632 | -71.7% |
| Taxes, remuneration and social security | 45 | €88,531 | €128,111 | +€39,580 | +44.7% |
| Taxes | 450/3 | €73,395 | €67,657 | -€5,738 | -7.8% |
| Remuneration and social security | 454/9 | €15,135 | €60,454 | +€45,319 | +299% |
| Accrued charges and deferred income | 492/3 | - | €6,537 | +€6,537 | |
| Remuneration, social security and pensions | 62 | €265,548 | €399,426 | +€133,878 | +50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,813 | €4,294 | +€1,481 | +52.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,311 | -€1,131 | -€3,442 | |
| Other operating charges | 640/8 | €555 | €3,551 | +€2,996 | +540% |
| Non-recurring operating charges | 66A | - | €4,777 | +€4,777 | |
| Gross operating margin | 9900 | €497,886 | €592,268 | +€94,382 | +19.0% |
| Operating profit (loss) | 9901 | €226,660 | €181,352 | -€45,308 | -20.0% |
| Financial income | 75/76B | €136 | €492 | +€356 | +261% |
| Recurring financial income | 75 | €136 | €492 | +€356 | +261% |
| Financial charges | 65/66B | €18,436 | €24,379 | +€5,944 | +32.2% |
| Recurring financial charges | 65 | €18,436 | €24,379 | +€5,944 | +32.2% |
| Profit (loss) for the period before taxes | 9903 | €208,360 | €157,465 | -€50,895 | -24.4% |
| Income taxes | 67/77 | €36,134 | €40,593 | +€4,459 | +12.3% |
| Profit (loss) for the period | 9904 | €172,226 | €116,872 | -€55,355 | -32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €172,226 | €116,872 | -€55,355 | -32.1% |
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 25 October 2026 via checked.be.