IC Electronics: 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.
IC Electronics
Largest movements
- Cash +€189,509
up €189,509 (+53.4%), from €354,707 to €544,216
mainly Other debts (+€221,481) and Receivables within one year (+€183,829)
- Receivables within one year -€183,829
down €183,829 (-80.1%), from €229,403 to €45,574
of which Trade receivables: -€182,305
- Tangible fixed assets +€22,245
up €22,245 (+10.2%), from €218,319 to €240,564
of which Leasing and similar rights: +€32,453
- Other debts +€221,481
up €221,481 (+312.8%), from €70,813 to €292,294
- Trade debts -€133,541
down €133,541 (-96.1%), from €139,010 to €5,470
- Reserves -€82,034
down €82,034 (-17.2%), from €477,330 to €395,296
of which Distributable reserves: -€82,034
- Debts after one year +€11,315
up €11,315 (+11.1%), from €102,043 to €113,359
- Short-term financial debts +€10,000
new in 2025: €10,000
- Gross operating margin -€142,296
down €142,296 (-37.1%), from €383,803 to €241,507
- Taxes -€38,442
down €38,442 (-44.7%), from €86,057 to €47,615
- Depreciation +€5,190
up €5,190 (+62.8%), from €8,264 to €13,455
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 | €805,392 | €833,142 | +€27,751 | +3.4% |
| Fixed assets | 21/28 | €218,319 | €240,564 | +€22,245 | +10.2% |
| Tangible fixed assets | 22/27 | €218,319 | €240,564 | +€22,245 | +10.2% |
| Land and buildings | 22 | €203,307 | €197,278 | -€6,029 | -3.0% |
| Plant, machinery and equipment | 23 | €5,248 | €4,708 | -€540 | -10.3% |
| Furniture and vehicles | 24 | €9,764 | €6,125 | -€3,639 | -37.3% |
| Leasing and similar rights | 25 | - | €32,453 | +€32,453 | |
| Current assets | 29/58 | €587,073 | €592,578 | +€5,506 | +0.9% |
| Stocks and contracts in progress | 3 | €1,000 | €0 | -€1,000 | -100.0% |
| Stocks | 30/36 | €1,000 | €0 | -€1,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €229,403 | €45,574 | -€183,829 | -80.1% |
| Trade receivables | 40 | €223,740 | €41,435 | -€182,305 | -81.5% |
| Other amounts receivable | 41 | €5,663 | €4,139 | -€1,524 | -26.9% |
| Cash at bank and in hand | 54/58 | €354,707 | €544,216 | +€189,509 | +53.4% |
| Deferred charges and accrued income | 490/1 | €1,962 | €2,788 | +€826 | +42.1% |
| Total equity and liabilities | 10/49 | €805,392 | €833,142 | +€27,751 | +3.4% |
| Equity | 10/15 | €478,330 | €396,296 | -€82,034 | -17.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €477,330 | €395,296 | -€82,034 | -17.2% |
| Tax-exempt reserves | 132 | €105,250 | €105,250 | = | 0.0% |
| Distributable reserves | 133 | €372,080 | €290,046 | -€82,034 | -22.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €327,062 | €436,847 | +€109,785 | +33.6% |
| Amounts payable after more than one year | 17 | €102,043 | €113,359 | +€11,315 | +11.1% |
| Financial debts | 170/4 | €102,043 | €113,359 | +€11,315 | +11.1% |
| Amounts payable within one year | 42/48 | €225,018 | €323,488 | +€98,470 | +43.8% |
| Current portion of amounts payable after more than one year | 42 | €14,253 | €13,225 | -€1,029 | -7.2% |
| Financial debts | 43 | - | €10,000 | +€10,000 | |
| Credit institutions | 430/8 | - | €10,000 | +€10,000 | |
| Trade debts | 44 | €139,010 | €5,470 | -€133,541 | -96.1% |
| Suppliers | 440/4 | €139,010 | €5,470 | -€133,541 | -96.1% |
| Taxes, remuneration and social security | 45 | €942 | €2,500 | +€1,558 | +165.4% |
| Taxes | 450/3 | €942 | €0 | -€942 | -100.0% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €70,813 | €292,294 | +€221,481 | +312.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,264 | €13,455 | +€5,190 | +62.8% |
| Other operating charges | 640/8 | €1,272 | €3,448 | +€2,176 | +171.1% |
| Non-recurring operating charges | 66A | - | €6,715 | +€6,715 | |
| Gross operating margin | 9900 | €383,803 | €241,507 | -€142,296 | -37.1% |
| Operating profit (loss) | 9901 | €374,267 | €217,888 | -€156,378 | -41.8% |
| Financial income | 75/76B | €399 | €3,157 | +€2,758 | +690.9% |
| Recurring financial income | 75 | €399 | €3,157 | +€2,758 | +690.9% |
| Financial charges | 65/66B | €4,489 | €5,465 | +€976 | +21.7% |
| Recurring financial charges | 65 | €4,489 | €5,465 | +€976 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €370,177 | €215,581 | -€154,596 | -41.8% |
| Income taxes | 67/77 | €86,057 | €47,615 | -€38,442 | -44.7% |
| Profit (loss) for the period | 9904 | €284,120 | €167,966 | -€116,154 | -40.9% |
| Transfer to tax-exempt reserves | 689 | €105,250 | €0 | -€105,250 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €178,870 | €167,966 | -€10,904 | -6.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.