IC-Vision: 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-Vision
Largest movements
- Cash +€35,603
up €35,603 (+305.3%), from €11,663 to €47,266
mainly Tax, wage and social debts (+€54,974) and Depreciation (+€11,282)
- Tangible fixed assets -€11,282
down €11,282 (-38.9%), from €28,991 to €17,709
- Receivables within one year +€3,053
up €3,053 (+6.4%), from €47,659 to €50,712
of which Other amounts receivable: +€3,500
- Deferred charges and accrued income -€1,999
down €1,999 (-100.0%), from €1,999 to €0
- Tax, wage and social debts +€54,974
up €54,974 (+199.2%), from €27,594 to €82,567
of which Taxes: +€28,487
- Reserves -€31,454
down €31,454 (-69.0%), from €45,607 to €14,154
- Trade debts +€1,483
up €1,483 (+16.8%), from €8,833 to €10,316
- Gross operating margin -€25,610
down €25,610 (-15.4%), from €166,586 to €140,976
- Staff costs +€11,654
up €11,654 (+7.9%), from €146,793 to €158,447
- Taxes -€3,064
down €3,064 (-95.9%), from €3,196 to €132
- Depreciation +€2,976
up €2,976 (+35.8%), from €8,306 to €11,282
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 | €90,313 | €115,688 | +€25,375 | +28.1% |
| Fixed assets | 21/28 | €28,991 | €17,709 | -€11,282 | -38.9% |
| Tangible fixed assets | 22/27 | €28,991 | €17,709 | -€11,282 | -38.9% |
| Furniture and vehicles | 24 | €28,991 | €17,709 | -€11,282 | -38.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €61,322 | €97,978 | +€36,657 | +59.8% |
| Amounts receivable within one year | 40/41 | €47,659 | €50,712 | +€3,053 | +6.4% |
| Trade receivables | 40 | €34,083 | €33,635 | -€447 | -1.3% |
| Other amounts receivable | 41 | €13,577 | €17,077 | +€3,500 | +25.8% |
| Cash at bank and in hand | 54/58 | €11,663 | €47,266 | +€35,603 | +305.3% |
| Deferred charges and accrued income | 490/1 | €1,999 | €0 | -€1,999 | -100.0% |
| Total equity and liabilities | 10/49 | €90,313 | €115,688 | +€25,375 | +28.1% |
| Equity | 10/15 | €50,607 | €19,154 | -€31,454 | -62.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €45,607 | €14,154 | -€31,454 | -69.0% |
| Distributable reserves | 133 | €45,607 | €14,154 | -€31,454 | -69.0% |
| Amounts payable | 17/49 | €39,705 | €96,534 | +€56,829 | +143.1% |
| Amounts payable within one year | 42/48 | €39,605 | €96,434 | +€56,829 | +143.5% |
| Current portion of amounts payable after more than one year | 42 | €3,179 | €3,364 | +€186 | +5.8% |
| Trade debts | 44 | €8,833 | €10,316 | +€1,483 | +16.8% |
| Suppliers | 440/4 | €8,833 | €10,316 | +€1,483 | +16.8% |
| Taxes, remuneration and social security | 45 | €27,594 | €82,567 | +€54,974 | +199.2% |
| Taxes | 450/3 | €5,762 | €34,249 | +€28,487 | +494.4% |
| Remuneration and social security | 454/9 | €21,832 | €48,318 | +€26,486 | +121.3% |
| Other amounts payable | 47/48 | - | €187 | +€187 | |
| Accrued charges and deferred income | 492/3 | €100 | €100 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €146,793 | €158,447 | +€11,654 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,306 | €11,282 | +€2,976 | +35.8% |
| Other operating charges | 640/8 | €1,040 | €1,884 | +€844 | +81.2% |
| Gross operating margin | 9900 | €166,586 | €140,976 | -€25,610 | -15.4% |
| Operating profit (loss) | 9901 | €10,447 | -€30,636 | -€41,083 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €226 | €685 | +€459 | +203.3% |
| Recurring financial charges | 65 | €226 | €685 | +€459 | +203.3% |
| Profit (loss) for the period before taxes | 9903 | €10,221 | -€31,322 | -€41,543 | |
| Income taxes | 67/77 | €3,196 | €132 | -€3,064 | -95.9% |
| Profit (loss) for the period | 9904 | €7,025 | -€31,454 | -€38,478 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,025 | -€31,454 | -€38,478 |
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 9 October 2026 via checked.be.