IC CONSULTING: 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 CONSULTING
Largest movements
- Tangible fixed assets -€171,499
down €171,499 (-10.5%), from €1.6m to €1.5m
- Cash +€104,094
up €104,094 (+149.1%), from €69,830 to €173,924
mainly Depreciation (+€171,918) and Net result for the year (+€69,883)
- Receivables within one year +€56,238
up €56,238 (+87.1%), from €64,594 to €120,832
of which Trade receivables: +€41,238
- Debts after one year -€92,626
down €92,626 (-9.7%), from €957,421 to €864,795
- Profit (loss) carried forward +€59,883
up €59,883 (+6.2%), from €968,220 to €1.0m
- Tax, wage and social debts +€27,457
up €27,457 (+79.1%), from €34,698 to €62,155
of which Taxes: +€20,846
- Gross operating margin +€39,967
up €39,967 (+16.5%), from €242,851 to €282,818
- Depreciation +€11,823
up €11,823 (+7.4%), from €160,095 to €171,918
- Taxes +€9,695
up €9,695 (+59.2%), from €16,374 to €26,069
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 | €2,572,290 | €2,561,123 | -€11,167 | -0.4% |
| Fixed assets | 21/28 | €1,639,916 | €1,468,417 | -€171,499 | -10.5% |
| Tangible fixed assets | 22/27 | €1,639,916 | €1,468,417 | -€171,499 | -10.5% |
| Land and buildings | 22 | €1,178,733 | €1,113,279 | -€65,454 | -5.6% |
| Plant, machinery and equipment | 23 | €5,448 | €2,951 | -€2,497 | -45.8% |
| Furniture and vehicles | 24 | €207,069 | €150,873 | -€56,196 | -27.1% |
| Leasing and similar rights | 25 | €194,207 | €156,994 | -€37,213 | -19.2% |
| Other tangible fixed assets | 26 | €54,459 | €44,320 | -€10,139 | -18.6% |
| Current assets | 29/58 | €932,374 | €1,092,706 | +€160,332 | +17.2% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €64,594 | €120,832 | +€56,238 | +87.1% |
| Trade receivables | 40 | €64,594 | €105,832 | +€41,238 | +63.8% |
| Other amounts receivable | 41 | - | €15,000 | +€15,000 | |
| Current investments | 50/53 | €697,950 | €697,950 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €69,830 | €173,924 | +€104,094 | +149.1% |
| Total equity and liabilities | 10/49 | €2,572,290 | €2,561,123 | -€11,167 | -0.4% |
| Equity | 10/15 | €1,380,220 | €1,440,103 | +€59,883 | +4.3% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €399,500 | €399,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €198,500 | €198,500 | = | 0.0% |
| Distributable reserves | 133 | €201,000 | €201,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €968,220 | €1,028,103 | +€59,883 | +6.2% |
| Amounts payable | 17/49 | €1,192,070 | €1,121,020 | -€71,050 | -6.0% |
| Amounts payable after more than one year | 17 | €957,421 | €864,795 | -€92,626 | -9.7% |
| Financial debts | 170/4 | €957,421 | €864,795 | -€92,626 | -9.7% |
| Amounts payable within one year | 42/48 | €158,851 | €181,480 | +€22,629 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €93,091 | €91,823 | -€1,268 | -1.4% |
| Trade debts | 44 | €22,326 | €1,596 | -€20,730 | -92.9% |
| Suppliers | 440/4 | €22,326 | €1,596 | -€20,730 | -92.9% |
| Taxes, remuneration and social security | 45 | €34,698 | €62,155 | +€27,457 | +79.1% |
| Taxes | 450/3 | €4,363 | €25,209 | +€20,846 | +477.8% |
| Remuneration and social security | 454/9 | €30,335 | €36,946 | +€6,611 | +21.8% |
| Other amounts payable | 47/48 | €8,736 | €25,906 | +€17,170 | +196.5% |
| Accrued charges and deferred income | 492/3 | €75,798 | €74,745 | -€1,053 | -1.4% |
| Non-recurring operating income | 76A | €14,351 | - | -€14,351 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160,095 | €171,918 | +€11,823 | +7.4% |
| Other operating charges | 640/8 | €6,037 | €7,397 | +€1,360 | +22.5% |
| Gross operating margin | 9900 | €242,851 | €282,818 | +€39,967 | +16.5% |
| Operating profit (loss) | 9901 | €76,719 | €103,503 | +€26,784 | +34.9% |
| Financial income | 75/76B | €13,199 | €12,868 | -€331 | -2.5% |
| Recurring financial income | 75 | €13,199 | €12,868 | -€331 | -2.5% |
| Financial charges | 65/66B | €21,690 | €20,419 | -€1,271 | -5.9% |
| Recurring financial charges | 65 | €21,690 | €20,419 | -€1,271 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €68,228 | €95,952 | +€27,724 | +40.6% |
| Income taxes | 67/77 | €16,374 | €26,069 | +€9,695 | +59.2% |
| Profit (loss) for the period | 9904 | €51,854 | €69,883 | +€18,029 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €51,854 | €69,883 | +€18,029 | +34.8% |
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 11 October 2026 via checked.be.