IC Tax & Accounting: 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 Tax & Accounting
Largest movements
- Cash +€129,206
up €129,206 (+94.0%), from €137,408 to €266,614
mainly Net result for the year (+€128,429) and Depreciation (+€12,574)
- Tangible fixed assets -€12,574
down €12,574 (-19.9%), from €63,295 to €50,721
of which Furniture and vehicles: -€12,156
- Reserves +€127,571
up €127,571 (+91.4%), from €139,640 to €267,210
- Tax, wage and social debts -€5,877
down €5,877 (-7.5%), from €78,678 to €72,801
- Trade debts -€4,524
down €4,524 (-92.5%), from €4,892 to €368
- Gross operating margin -€11,558
down €11,558 (-5.6%), from €205,483 to €193,925
- Depreciation +€10,915
up €10,915 (+658%), from €1,659 to €12,574
- Taxes -€7,376
down €7,376 (-12.1%), from €61,199 to €53,823
- Financial charges -€3,340
down €3,340 (-96.1%), from €3,477 to €137
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 | €224,790 | €342,290 | +€117,500 | +52.3% |
| Fixed assets | 21/28 | €63,300 | €50,726 | -€12,574 | -19.9% |
| Tangible fixed assets | 22/27 | €63,295 | €50,721 | -€12,574 | -19.9% |
| Plant, machinery and equipment | 23 | €4,144 | €3,726 | -€418 | -10.1% |
| Furniture and vehicles | 24 | €59,151 | €46,995 | -€12,156 | -20.6% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €161,490 | €291,564 | +€130,074 | +80.5% |
| Amounts receivable within one year | 40/41 | €21,079 | €21,762 | +€683 | +3.2% |
| Trade receivables | 40 | €21,079 | €21,762 | +€683 | +3.2% |
| Cash at bank and in hand | 54/58 | €137,408 | €266,614 | +€129,206 | +94.0% |
| Deferred charges and accrued income | 490/1 | €3,003 | €3,188 | +€185 | +6.2% |
| Total equity and liabilities | 10/49 | €224,790 | €342,290 | +€117,500 | +52.3% |
| Equity | 10/15 | €140,640 | €268,210 | +€127,571 | +90.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €139,640 | €267,210 | +€127,571 | +91.4% |
| Distributable reserves | 133 | €139,640 | €267,210 | +€127,571 | +91.4% |
| Amounts payable | 17/49 | €84,150 | €74,080 | -€10,070 | -12.0% |
| Amounts payable within one year | 42/48 | €84,150 | €74,080 | -€10,070 | -12.0% |
| Trade debts | 44 | €4,892 | €368 | -€4,524 | -92.5% |
| Suppliers | 440/4 | €4,892 | €368 | -€4,524 | -92.5% |
| Taxes, remuneration and social security | 45 | €78,678 | €72,801 | -€5,877 | -7.5% |
| Taxes | 450/3 | €78,678 | €72,801 | -€5,877 | -7.5% |
| Other amounts payable | 47/48 | €580 | €911 | +€331 | +57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,659 | €12,574 | +€10,915 | +658% |
| Other operating charges | 640/8 | €145 | €506 | +€361 | +248% |
| Gross operating margin | 9900 | €205,483 | €193,925 | -€11,558 | -5.6% |
| Operating profit (loss) | 9901 | €203,678 | €180,845 | -€22,833 | -11.2% |
| Financial income | 75/76B | €1,466 | €1,544 | +€78 | +5.4% |
| Recurring financial income | 75 | €1,466 | €1,544 | +€78 | +5.4% |
| Financial charges | 65/66B | €3,477 | €137 | -€3,340 | -96.1% |
| Recurring financial charges | 65 | €3,477 | €137 | -€3,340 | -96.1% |
| Profit (loss) for the period before taxes | 9903 | €201,667 | €182,252 | -€19,415 | -9.6% |
| Income taxes | 67/77 | €61,199 | €53,823 | -€7,376 | -12.1% |
| Profit (loss) for the period | 9904 | €140,469 | €128,429 | -€12,040 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €140,469 | €128,429 | -€12,040 | -8.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.