IC Investments: what changed
IC Investments
Largest movements
- Cash -€3,765
down €3,765 (-25.7%), from €14,652 to €10,887
mainly Net result for the year (-€3,380) and Other debts (-€385)
- Profit (loss) carried forward -€3,380
down €3,380 (-4.6%), from -€73,951 to -€77,332
- Other debts -€385
down €385 (-1.9%), from €20,303 to €19,919
- Gross operating margin +€420
up €420 (+11.8%), from -€3,574 to -€3,154
- Taxes +€151
new in 2025: €151
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,352 | €22,587 | -€3,765 | -14.3% |
| Fixed assets | 21/28 | €200 | €200 | = | 0.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €26,152 | €22,387 | -€3,765 | -14.4% |
| Current investments | 50/53 | €11,500 | €11,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,652 | €10,887 | -€3,765 | -25.7% |
| Total equity and liabilities | 10/49 | €26,352 | €22,587 | -€3,765 | -14.3% |
| Equity | 10/15 | -€43,951 | -€47,332 | -€3,380 | -7.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,951 | -€77,332 | -€3,380 | -4.6% |
| Amounts payable | 17/49 | €70,303 | €69,919 | -€385 | -0.5% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €20,303 | €19,919 | -€385 | -1.9% |
| Other amounts payable | 47/48 | €20,303 | €19,919 | -€385 | -1.9% |
| Gross operating margin | 9900 | -€3,574 | -€3,154 | +€420 | +11.8% |
| Operating profit (loss) | 9901 | -€3,574 | -€3,154 | +€420 | +11.8% |
| Financial charges | 65/66B | €74 | €75 | +€2 | +2.0% |
| Recurring financial charges | 65 | €74 | €75 | +€2 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,648 | -€3,229 | +€419 | +11.5% |
| Income taxes | 67/77 | - | €151 | +€151 | |
| Profit (loss) for the period | 9904 | -€3,648 | -€3,380 | +€268 | +7.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,648 | -€3,380 | +€268 | +7.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.