IC-ImpacT: 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-ImpacT
Largest movements
- Current investments +€249,065
up €249,065 (+68.6%), from €363,157 to €612,222
- Cash -€88,576
down €88,576 (-54.3%), from €163,221 to €74,644
mainly Current investments (-€249,065) and Investment in fixed assets (net) (-€1,778)
- Tangible fixed assets -€22,626
down €22,626 (-26.2%), from €86,523 to €63,897
of which Furniture and vehicles: -€23,380
- Reserves +€134,359
up €134,359 (+22.5%), from €597,518 to €731,877
- Financial income -€43,655
down €43,655 (-97.6%), from €44,743 to €1,087
- Gross operating margin +€31,361
up €31,361 (+16.3%), from €192,300 to €223,661
- Taxes +€10,426
up €10,426 (+19.3%), from €54,090 to €64,516
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 | €634,827 | €771,430 | +€136,604 | +21.5% |
| Fixed assets | 21/28 | €86,523 | €63,897 | -€22,626 | -26.2% |
| Tangible fixed assets | 22/27 | €86,523 | €63,897 | -€22,626 | -26.2% |
| Plant, machinery and equipment | 23 | €2,226 | €2,981 | +€754 | +33.9% |
| Furniture and vehicles | 24 | €84,296 | €60,916 | -€23,380 | -27.7% |
| Current assets | 29/58 | €548,304 | €707,533 | +€159,229 | +29.0% |
| Amounts receivable within one year | 40/41 | €21,926 | €20,667 | -€1,259 | -5.7% |
| Trade receivables | 40 | €19,654 | €19,938 | +€283 | +1.4% |
| Other amounts receivable | 41 | €2,272 | €729 | -€1,543 | -67.9% |
| Current investments | 50/53 | €363,157 | €612,222 | +€249,065 | +68.6% |
| Cash at bank and in hand | 54/58 | €163,221 | €74,644 | -€88,576 | -54.3% |
| Total equity and liabilities | 10/49 | €634,827 | €771,430 | +€136,604 | +21.5% |
| Equity | 10/15 | €614,638 | €748,997 | +€134,359 | +21.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €597,518 | €731,877 | +€134,359 | +22.5% |
| Distributable reserves | 133 | €597,518 | €731,877 | +€134,359 | +22.5% |
| Profit (loss) carried forward | 14 | €4,720 | €4,720 | = | 0.0% |
| Amounts payable | 17/49 | €20,188 | €22,433 | +€2,245 | +11.1% |
| Amounts payable within one year | 42/48 | €20,188 | €22,433 | +€2,245 | +11.1% |
| Financial debts | 43 | €1,078 | - | -€1,078 | |
| Credit institutions | 430/8 | €1,078 | - | -€1,078 | |
| Trade debts | 44 | €618 | €2,955 | +€2,337 | +378.0% |
| Suppliers | 440/4 | €618 | €2,955 | +€2,337 | +378.0% |
| Taxes, remuneration and social security | 45 | €15,553 | €15,007 | -€545 | -3.5% |
| Taxes | 450/3 | €15,553 | €15,007 | -€545 | -3.5% |
| Other amounts payable | 47/48 | €2,940 | €4,471 | +€1,532 | +52.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,402 | €24,403 | +€1 | 0.0% |
| Other operating charges | 640/8 | €62 | €1,016 | +€954 | +1538.7% |
| Gross operating margin | 9900 | €192,300 | €223,661 | +€31,361 | +16.3% |
| Operating profit (loss) | 9901 | €167,836 | €198,241 | +€30,406 | +18.1% |
| Financial income | 75/76B | €44,743 | €1,087 | -€43,655 | -97.6% |
| Recurring financial income | 75 | €44,743 | €1,087 | -€43,655 | -97.6% |
| Financial charges | 65/66B | €373 | €455 | +€82 | +21.9% |
| Recurring financial charges | 65 | €373 | €455 | +€82 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | €212,205 | €198,874 | -€13,331 | -6.3% |
| Income taxes | 67/77 | €54,090 | €64,516 | +€10,426 | +19.3% |
| Profit (loss) for the period | 9904 | €158,115 | €134,359 | -€23,757 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €158,115 | €134,359 | -€23,757 | -15.0% |
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 12 October 2026 via checked.be.