IC GREEN: 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 GREEN
Largest movements
- Cash -€3,794
down €3,794 (-98.5%), from €3,851 to €57
mainly Trade debts (-€9,231) and Other debts (-€4,817)
- Tangible fixed assets +€1,190
new in 2025: €1,190
- Receivables within one year -€1,130
down €1,130 (-9.4%), from €12,082 to €10,951
of which Trade receivables: -€1,805
- Deferred charges and accrued income -€633
down €633 (-21.0%), from €3,008 to €2,375
- Intangible fixed assets -€597
down €597 (-44.6%), from €1,340 to €743
- Trade debts -€9,231
down €9,231 (-90.9%), from €10,151 to €920
- Profit (loss) carried forward +€7,124
up €7,124 (+297.4%), from €2,395 to €9,519
- Other debts -€4,817
down €4,817 (-81.0%), from €5,950 to €1,133
- Tax, wage and social debts +€1,959
up €1,959 (+249.5%), from €785 to €2,744
- Purchases and services -€41,146
down €41,146 (-19.4%), from €211,906 to €170,761
- Turnover -€28,217
down €28,217 (-13.0%), from €216,906 to €188,689
- Gross operating margin +€12,928
up €12,928 (+258.6%), from €5,000 to €17,928
- Other operating charges +€4,724
up €4,724 (+435.5%), from €1,085 to €5,809
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 | €20,281 | €15,316 | -€4,965 | -24.5% |
| Fixed assets | 21/28 | €1,340 | €1,932 | +€592 | +44.2% |
| Intangible fixed assets | 21 | €1,340 | €743 | -€597 | -44.6% |
| Tangible fixed assets | 22/27 | - | €1,190 | +€1,190 | |
| Plant, machinery and equipment | 23 | - | €1,190 | +€1,190 | |
| Current assets | 29/58 | €18,942 | €13,384 | -€5,558 | -29.3% |
| Amounts receivable within one year | 40/41 | €12,082 | €10,951 | -€1,130 | -9.4% |
| Trade receivables | 40 | €11,737 | €9,931 | -€1,805 | -15.4% |
| Other amounts receivable | 41 | €345 | €1,020 | +€675 | +195.4% |
| Cash at bank and in hand | 54/58 | €3,851 | €57 | -€3,794 | -98.5% |
| Deferred charges and accrued income | 490/1 | €3,008 | €2,375 | -€633 | -21.0% |
| Total equity and liabilities | 10/49 | €20,281 | €15,316 | -€4,965 | -24.5% |
| Equity | 10/15 | €3,395 | €10,519 | +€7,124 | +209.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,395 | €9,519 | +€7,124 | +297.4% |
| Amounts payable | 17/49 | €16,886 | €4,797 | -€12,089 | -71.6% |
| Amounts payable within one year | 42/48 | €16,886 | €4,797 | -€12,089 | -71.6% |
| Trade debts | 44 | €10,151 | €920 | -€9,231 | -90.9% |
| Suppliers | 440/4 | €10,151 | €920 | -€9,231 | -90.9% |
| Taxes, remuneration and social security | 45 | €785 | €2,744 | +€1,959 | +249.5% |
| Taxes | 450/3 | €785 | €2,744 | +€1,959 | +249.5% |
| Other amounts payable | 47/48 | €5,950 | €1,133 | -€4,817 | -81.0% |
| Turnover | 70 | €216,906 | €188,689 | -€28,217 | -13.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €211,906 | €170,761 | -€41,146 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €451 | €861 | +€410 | +90.8% |
| Other operating charges | 640/8 | €1,085 | €5,809 | +€4,724 | +435.5% |
| Gross operating margin | 9900 | €5,000 | €17,928 | +€12,928 | +258.6% |
| Operating profit (loss) | 9901 | €3,464 | €11,258 | +€7,794 | +225.0% |
| Financial charges | 65/66B | €345 | €2,114 | +€1,769 | +513.2% |
| Recurring financial charges | 65 | €345 | €2,114 | +€1,769 | +513.2% |
| Profit (loss) for the period before taxes | 9903 | €3,119 | €9,144 | +€6,025 | +193.2% |
| Income taxes | 67/77 | €724 | €2,020 | +€1,296 | +179.1% |
| Profit (loss) for the period | 9904 | €2,395 | €7,124 | +€4,729 | +197.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,395 | €7,124 | +€4,729 | +197.4% |
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 30 September 2026 via checked.be.