IC RELAMPING: 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 RELAMPING
Largest movements
- Current investments +€334,459
new in 2025: €334,459
- Receivables within one year -€114,603
down €114,603 (-58.9%), from €194,492 to €79,890
of which Trade receivables: -€97,860
- Cash -€76,872
down €76,872 (-14.5%), from €530,446 to €453,574
mainly Current investments (-€334,459) and Tax, wage and social debts (-€30,033)
- Tangible fixed assets -€14,510
down €14,510 (-25.0%), from €58,040 to €43,530
- Profit (loss) carried forward +€132,355
up €132,355 (+21.0%), from €631,482 to €763,837
- Trade debts +€51,542
up €51,542 (+67.5%), from €76,389 to €127,931
- Tax, wage and social debts -€30,033
down €30,033 (-84.8%), from €35,400 to €5,367
- Debts after one year -€17,659
down €17,659 (-43.3%), from €40,751 to €23,092
- Gross operating margin -€57,134
down €57,134 (-23.2%), from €246,505 to €189,371
- Taxes -€9,482
down €9,482 (-17.5%), from €54,165 to €44,683
- Financial income +€8,770
up €8,770 (+696,021%), from €1 to €8,771
- Other operating charges -€7,562
down €7,562 (-84.0%), from €9,006 to €1,444
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 | €840,746 | €977,646 | +€136,899 | +16.3% |
| Fixed assets | 21/28 | €58,040 | €43,530 | -€14,510 | -25.0% |
| Tangible fixed assets | 22/27 | €58,040 | €43,530 | -€14,510 | -25.0% |
| Furniture and vehicles | 24 | €58,040 | €43,530 | -€14,510 | -25.0% |
| Current assets | 29/58 | €782,706 | €934,116 | +€151,409 | +19.3% |
| Stocks and contracts in progress | 3 | €55,811 | €64,509 | +€8,698 | +15.6% |
| Stocks | 30/36 | €55,811 | €64,509 | +€8,698 | +15.6% |
| Amounts receivable within one year | 40/41 | €194,492 | €79,890 | -€114,603 | -58.9% |
| Trade receivables | 40 | €141,263 | €43,403 | -€97,860 | -69.3% |
| Other amounts receivable | 41 | €53,229 | €36,487 | -€16,742 | -31.5% |
| Current investments | 50/53 | - | €334,459 | +€334,459 | |
| Cash at bank and in hand | 54/58 | €530,446 | €453,574 | -€76,872 | -14.5% |
| Deferred charges and accrued income | 490/1 | €1,957 | €1,683 | -€273 | -14.0% |
| Total equity and liabilities | 10/49 | €840,746 | €977,646 | +€136,899 | +16.3% |
| Equity | 10/15 | €651,942 | €784,297 | +€132,355 | +20.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €631,482 | €763,837 | +€132,355 | +21.0% |
| Amounts payable | 17/49 | €188,804 | €193,349 | +€4,544 | +2.4% |
| Amounts payable after more than one year | 17 | €40,751 | €23,092 | -€17,659 | -43.3% |
| Financial debts | 170/4 | €40,751 | €23,092 | -€17,659 | -43.3% |
| Amounts payable within one year | 42/48 | €148,054 | €170,257 | +€22,203 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €16,965 | €17,659 | +€694 | +4.1% |
| Trade debts | 44 | €76,389 | €127,931 | +€51,542 | +67.5% |
| Suppliers | 440/4 | €76,389 | €127,931 | +€51,542 | +67.5% |
| Taxes, remuneration and social security | 45 | €35,400 | €5,367 | -€30,033 | -84.8% |
| Taxes | 450/3 | €35,400 | €5,367 | -€30,033 | -84.8% |
| Other amounts payable | 47/48 | €19,300 | €19,300 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,510 | €14,510 | = | 0.0% |
| Other operating charges | 640/8 | €9,006 | €1,444 | -€7,562 | -84.0% |
| Gross operating margin | 9900 | €246,505 | €189,371 | -€57,134 | -23.2% |
| Operating profit (loss) | 9901 | €222,989 | €173,417 | -€49,572 | -22.2% |
| Financial income | 75/76B | €1 | €8,771 | +€8,770 | +696,021% |
| Recurring financial income | 75 | €1 | €8,771 | +€8,770 | +696,021% |
| Financial charges | 65/66B | €5,861 | €5,150 | -€710 | -12.1% |
| Recurring financial charges | 65 | €5,861 | €5,150 | -€710 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €217,129 | €177,038 | -€40,092 | -18.5% |
| Income taxes | 67/77 | €54,165 | €44,683 | -€9,482 | -17.5% |
| Profit (loss) for the period | 9904 | €162,965 | €132,355 | -€30,610 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €162,965 | €132,355 | -€30,610 | -18.8% |
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 13 October 2026 via checked.be.