IC Engineering: 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 Engineering
Largest movements
- Cash +€34,091
up €34,091 (+88.6%), from €38,493 to €72,584
mainly Other debts (+€50,944) and Net result for the year (+€20,619)
- Tangible fixed assets +€13,633
up €13,633 (+62.5%), from €21,820 to €35,453
of which Furniture and vehicles: +€14,303
- Receivables within one year -€7,206
down €7,206 (-19.6%), from €36,706 to €29,499
of which Trade receivables: -€7,217
- Other debts +€50,944
up €50,944 (+658.1%), from €7,741 to €58,685
- Reserves -€8,793
down €8,793 (-14.2%), from €61,810 to €53,017
- Trade debts -€2,386
down €2,386 (-81.7%), from €2,920 to €535
- Tax, wage and social debts +€1,948
up €1,948 (+11.3%), from €17,172 to €19,120
- Depreciation +€11,569
up €11,569 (+168.1%), from €6,884 to €18,453
- Taxes -€2,995
down €2,995 (-32.1%), from €9,326 to €6,331
- Gross operating margin +€2,135
up €2,135 (+4.1%), from €51,974 to €54,109
- Financial charges +€1,622
up €1,622 (+2378.3%), from €68 to €1,690
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 | €97,019 | €137,956 | +€40,937 | +42.2% |
| Fixed assets | 21/28 | €21,820 | €35,453 | +€13,633 | +62.5% |
| Tangible fixed assets | 22/27 | €21,820 | €35,453 | +€13,633 | +62.5% |
| Plant, machinery and equipment | 23 | €3,993 | €3,323 | -€670 | -16.8% |
| Furniture and vehicles | 24 | €17,827 | €32,130 | +€14,303 | +80.2% |
| Current assets | 29/58 | €75,199 | €102,503 | +€27,304 | +36.3% |
| Amounts receivable within one year | 40/41 | €36,706 | €29,499 | -€7,206 | -19.6% |
| Trade receivables | 40 | €36,236 | €29,018 | -€7,217 | -19.9% |
| Other amounts receivable | 41 | €470 | €481 | +€11 | +2.4% |
| Cash at bank and in hand | 54/58 | €38,493 | €72,584 | +€34,091 | +88.6% |
| Deferred charges and accrued income | 490/1 | - | €419 | +€419 | |
| Total equity and liabilities | 10/49 | €97,019 | €137,956 | +€40,937 | +42.2% |
| Equity | 10/15 | €64,810 | €56,017 | -€8,793 | -13.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €61,810 | €53,017 | -€8,793 | -14.2% |
| Distributable reserves | 133 | €61,810 | €53,017 | -€8,793 | -14.2% |
| Amounts payable | 17/49 | €32,209 | €81,939 | +€49,730 | +154.4% |
| Amounts payable within one year | 42/48 | €27,833 | €78,339 | +€50,506 | +181.5% |
| Trade debts | 44 | €2,920 | €535 | -€2,386 | -81.7% |
| Suppliers | 440/4 | €2,920 | €535 | -€2,386 | -81.7% |
| Taxes, remuneration and social security | 45 | €17,172 | €19,120 | +€1,948 | +11.3% |
| Taxes | 450/3 | €17,172 | €19,120 | +€1,948 | +11.3% |
| Other amounts payable | 47/48 | €7,741 | €58,685 | +€50,944 | +658.1% |
| Accrued charges and deferred income | 492/3 | €4,376 | €3,600 | -€776 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,884 | €18,453 | +€11,569 | +168.1% |
| Other operating charges | 640/8 | €773 | €846 | +€73 | +9.4% |
| Non-recurring operating charges | 66A | - | €6,170 | +€6,170 | |
| Gross operating margin | 9900 | €51,974 | €54,109 | +€2,135 | +4.1% |
| Operating profit (loss) | 9901 | €44,316 | €28,640 | -€15,676 | -35.4% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €68 | €1,690 | +€1,622 | +2378.3% |
| Recurring financial charges | 65 | €68 | €1,690 | +€1,622 | +2378.3% |
| Profit (loss) for the period before taxes | 9903 | €44,251 | €26,950 | -€17,301 | -39.1% |
| Income taxes | 67/77 | €9,326 | €6,331 | -€2,995 | -32.1% |
| Profit (loss) for the period | 9904 | €34,925 | €20,619 | -€14,307 | -41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,925 | €20,619 | -€14,307 | -41.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.