IC Group H: 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 Group H
Largest movements
- Cash -€453,141
down €453,141 (-89.7%), from €504,960 to €51,819
mainly Investment in fixed assets (net) (-€436,797) and Net result for the year (-€33,253)
- Financial fixed assets +€436,797
up €436,797 (+20.1%), from €2.2m to €2.6m
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€503,330
down €503,330 (-78.6%), from €640,642 to €137,312
- Taxes -€47,030
down €47,030 (-100%), from €47,030 to €0
- Gross operating margin -€23,905
down €23,905 (-253%), from -€9,440 to -€33,344
- Financial charges +€23,675
up €23,675 (+20.9%), from €113,202 to €136,877
of which Non-recurring financial charges: +€50,000
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 | €4,478,375 | €4,445,122 | -€33,253 | -0.7% |
| Fixed assets | 21/28 | €2,173,416 | €2,610,213 | +€436,797 | +20.1% |
| Financial fixed assets | 28 | €2,173,416 | €2,610,213 | +€436,797 | +20.1% |
| Current assets | 29/58 | €2,304,959 | €1,834,910 | -€470,049 | -20.4% |
| Amounts receivable within one year | 40/41 | - | €12,136 | +€12,136 | |
| Other amounts receivable | 41 | - | €12,136 | +€12,136 | |
| Current investments | 50/53 | €1,799,999 | €1,770,955 | -€29,045 | -1.6% |
| Cash at bank and in hand | 54/58 | €504,960 | €51,819 | -€453,141 | -89.7% |
| Total equity and liabilities | 10/49 | €4,478,375 | €4,445,122 | -€33,253 | -0.7% |
| Equity | 10/15 | €4,472,862 | €4,439,610 | -€33,253 | -0.7% |
| Contributions | 10/11 | €3,494,120 | €3,494,120 | = | 0.0% |
| Reserves | 13 | €978,742 | €978,742 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,126 | €6,126 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,126 | €6,126 | = | 0.0% |
| Distributable reserves | 133 | €972,616 | €972,616 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€33,253 | -€33,253 | |
| Amounts payable | 17/49 | €5,513 | €5,513 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,513 | €5,513 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,375 | €1,375 | = | 0.0% |
| Taxes | 450/3 | €1,375 | €1,375 | = | 0.0% |
| Other amounts payable | 47/48 | €4,138 | €4,138 | = | 0.0% |
| Other operating charges | 640/8 | €675 | €344 | -€331 | -49.0% |
| Gross operating margin | 9900 | -€9,440 | -€33,344 | -€23,905 | -253% |
| Operating profit (loss) | 9901 | -€10,114 | -€33,688 | -€23,574 | -233% |
| Financial income | 75/76B | €640,642 | €137,312 | -€503,330 | -78.6% |
| Recurring financial income | 75 | €640,642 | €137,312 | -€503,330 | -78.6% |
| Financial charges | 65/66B | €113,202 | €136,877 | +€23,675 | +20.9% |
| Recurring financial charges | 65 | €113,202 | €86,877 | -€26,325 | -23.3% |
| Non-recurring financial charges | 66B | - | €50,000 | +€50,000 | |
| Profit (loss) for the period before taxes | 9903 | €517,326 | -€33,253 | -€550,579 | |
| Income taxes | 67/77 | €47,030 | €0 | -€47,030 | -100% |
| Profit (loss) for the period | 9904 | €470,296 | -€33,253 | -€503,549 | |
| Profit (loss) for the period to be appropriated | 9905 | €470,296 | -€33,253 | -€503,549 |
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 14 October 2026 via checked.be.