ICADIS: 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.
What changed
ICADIS
NACE 81.220, Other building cleaning and industrial cleaning
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€224,763
2024 · €72,773+€151,990
Equity
€500,445
2024 · €875,682-€375,237
Cash
€305,775
2024 · €302,518+€3,256
Balance sheet total
€1.8m
2024 · €1.4m+€376,469
Largest movements
Assets
- Current investments +€401,583
new in 2025: €401,583
- Receivables within one year -€42,745
down €42,745 (-6.0%), from €706,916 to €664,170
of which Trade receivables: -€57,318
- Tangible fixed assets +€39,996
up €39,996 (+29.5%), from €135,469 to €175,465
of which Furniture and vehicles: +€42,767
- Deferred charges and accrued income -€29,576
down €29,576 (-65.2%), from €45,361 to €15,786
Equity and liabilities
- Other debts +€602,303
up €602,303 (+2331.2%), from €25,837 to €628,140
- Reserves -€375,237
down €375,237 (-46.2%), from €811,682 to €436,445
of which Distributable reserves: -€375,237
- Provisions +€186,816
up €186,816 (+2075.7%), from €9,000 to €195,816
- Short-term financial debts -€50,710
down €50,710 (-100.0%), from €50,710 to €0
- Trade debts +€35,612
up €35,612 (+20.4%), from €174,613 to €210,225
of which Suppliers: +€53,320
Income statement
- Turnover +€250,214
up €250,214 (+7.8%), from €3.2m to €3.5m
- Provisions +€186,816
up €186,816, from €0 to €186,816
- Goods and materials -€178,900
down €178,900 (-16.9%), from €1.1m to €876,597
of which Purchases: -€110,797
- Services and other goods +€121,581
up €121,581 (+23.5%), from €517,678 to €639,258
- Staff costs +€96,620
up €96,620 (+7.0%), from €1.4m to €1.5m
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.
Result 2024
€72,773
Turnover
+€250,214
Other operating income
-€2,213
Goods and materials
+€178,900
Services and other goods
-€121,581
Staff costs
-€96,620
Depreciation
-€7,717
Write-downs
+€52,784
Provisions
-€186,816
Other operating charges
+€1,346
Other operating items
+€17,206
Financial income
+€3,648
Financial charges
+€55,717
Taxes
+€7,121
Result 2025
€224,763
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.
From operations
+€1.2m
Investment
-€534,176
Financing
-€658,619
Cash 2024
€302,518
From operations (derived)
+€1.2m
Net result for the year
+€224,763
Depreciation
+€84,536
Stocks and contracts
+€4,106
Receivables within one year
+€42,745
Deferred charges and accrued income
+€29,576
Provisions
+€186,816
Trade debts
+€35,612
Tax, wage and social debts
-€13,704
Smaller working-capital items
-€702
Other debts
+€602,303
Investment (derived)
-€534,176
Investment in fixed assets (net)
-€132,593
Current investments
-€401,583
Financing
-€658,619
Current portion of long-term debt
-€7,909
Short-term financial debts
-€50,710
Contributions, distributions and other
-€600,000
Cash 2025
€305,775
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,385,315 | €1,761,784 | +€376,469 | +27.2% |
| Fixed assets | 21/28 | €139,567 | €187,623 | +€48,057 | +34.4% |
| Intangible fixed assets | 21 | €1,213 | €9,274 | +€8,061 | +664.5% |
| Tangible fixed assets | 22/27 | €135,469 | €175,465 | +€39,996 | +29.5% |
| Plant, machinery and equipment | 23 | €65,777 | €66,164 | +€387 | +0.6% |
| Furniture and vehicles | 24 | €48,841 | €91,608 | +€42,767 | +87.6% |
| Other tangible fixed assets | 26 | €20,850 | €17,692 | -€3,158 | -15.1% |
| Financial fixed assets | 28 | €2,885 | €2,885 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,885 | €2,885 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,885 | €2,885 | = | 0.0% |
| Current assets | 29/58 | €1,245,749 | €1,574,161 | +€328,412 | +26.4% |
| Stocks and contracts in progress | 3 | €190,953 | €186,847 | -€4,106 | -2.2% |
| Stocks | 30/36 | €190,953 | €186,847 | -€4,106 | -2.2% |
| Goods purchased for resale | 34 | €190,953 | €186,847 | -€4,106 | -2.2% |
| Amounts receivable within one year | 40/41 | €706,916 | €664,170 | -€42,745 | -6.0% |
| Trade receivables | 40 | €546,568 | €489,250 | -€57,318 | -10.5% |
| Other amounts receivable | 41 | €160,348 | €174,921 | +€14,573 | +9.1% |
| Current investments | 50/53 | - | €401,583 | +€401,583 | |
| Other investments | 51/53 | - | €401,583 | +€401,583 | |
| Cash at bank and in hand | 54/58 | €302,518 | €305,775 | +€3,256 | +1.1% |
| Deferred charges and accrued income | 490/1 | €45,361 | €15,786 | -€29,576 | -65.2% |
| Total equity and liabilities | 10/49 | €1,385,315 | €1,761,784 | +€376,469 | +27.2% |
| Equity | 10/15 | €875,682 | €500,445 | -€375,237 | -42.9% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €64,000 | +€64,000 | |
| Other | 1109/19 | - | €64,000 | +€64,000 | |
| Reserves | 13 | €811,682 | €436,445 | -€375,237 | -46.2% |
| Non-distributable reserves | 130/1 | €6,400 | €6,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,400 | €6,400 | = | 0.0% |
| Distributable reserves | 133 | €805,282 | €430,045 | -€375,237 | -46.6% |
| Provisions and deferred taxes | 16 | €9,000 | €195,816 | +€186,816 | +2075.7% |
| Provisions for liabilities and charges | 160/5 | €9,000 | €195,816 | +€186,816 | +2075.7% |
| Other liabilities and charges | 164/5 | €9,000 | €195,816 | +€186,816 | +2075.7% |
| Amounts payable | 17/49 | €500,634 | €1,065,524 | +€564,890 | +112.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Credit institutions | 173 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €489,811 | €1,055,072 | +€565,261 | +115.4% |
| Current portion of amounts payable after more than one year | 42 | €7,909 | €0 | -€7,909 | -100.0% |
| Financial debts | 43 | €50,710 | €0 | -€50,710 | -100.0% |
| Credit institutions | 430/8 | €50,710 | €0 | -€50,710 | -100.0% |
| Trade debts | 44 | €174,613 | €210,225 | +€35,612 | +20.4% |
| Suppliers | 440/4 | €156,904 | €210,225 | +€53,320 | +34.0% |
| Bills of exchange payable | 441 | €17,709 | €0 | -€17,709 | -100.0% |
| Advances received on contracts in progress | 46 | €331 | €0 | -€331 | -100.0% |
| Taxes, remuneration and social security | 45 | €230,410 | €216,706 | -€13,704 | -5.9% |
| Taxes | 450/3 | €39,498 | €19,694 | -€19,804 | -50.1% |
| Remuneration and social security | 454/9 | €190,912 | €197,012 | +€6,100 | +3.2% |
| Other amounts payable | 47/48 | €25,837 | €628,140 | +€602,303 | +2331.2% |
| Accrued charges and deferred income | 492/3 | €10,823 | €10,452 | -€371 | -3.4% |
| Operating income | 70/76A | €3,238,859 | €3,506,962 | +€268,103 | +8.3% |
| Turnover | 70 | €3,222,409 | €3,472,622 | +€250,214 | +7.8% |
| Other operating income | 74 | €14,665 | €12,452 | -€2,213 | -15.1% |
| Non-recurring operating income | 76A | €1,785 | €21,888 | +€20,102 | +1125.9% |
| Operating charges | 60/66A | €3,119,011 | €3,301,610 | +€182,599 | +5.9% |
| Goods for resale, raw materials and consumables | 60 | €1,055,498 | €876,597 | -€178,900 | -16.9% |
| Purchases | 600/8 | €1,005,983 | €895,186 | -€110,797 | -11.0% |
| Change in stocks: decrease (increase) | 609 | €49,514 | -€18,589 | -€68,103 | |
| Services and other goods | 61 | €517,678 | €639,258 | +€121,581 | +23.5% |
| Remuneration, social security and pensions | 62 | €1,388,455 | €1,485,075 | +€96,620 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,819 | €84,536 | +€7,717 | +10.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €64,312 | €11,528 | -€52,784 | -82.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | €186,816 | +€186,816 | |
| Other operating charges | 640/8 | €4,495 | €3,150 | -€1,346 | -29.9% |
| Non-recurring operating charges | 66A | €11,753 | €14,649 | +€2,896 | +24.6% |
| Operating profit (loss) | 9901 | €119,849 | €205,352 | +€85,503 | +71.3% |
| Financial income | 75/76B | €5,805 | €9,452 | +€3,648 | +62.8% |
| Recurring financial income | 75 | €5,805 | €9,452 | +€3,648 | +62.8% |
| Income from financial fixed assets | 750 | €0 | - | = | |
| Income from current assets | 751 | €2,071 | €3,011 | +€940 | +45.4% |
| Other financial income | 752/9 | €3,734 | €6,442 | +€2,707 | +72.5% |
| Financial charges | 65/66B | €37,070 | -€18,648 | -€55,717 | |
| Recurring financial charges | 65 | €37,070 | -€18,648 | -€55,717 | |
| Debt charges | 650 | €12,018 | €9,464 | -€2,554 | -21.3% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €23,214 | -€574,548 | -€597,762 | |
| Other financial charges | 652/9 | €1,837 | €546,436 | +€544,599 | +29641.6% |
| Profit (loss) for the period before taxes | 9903 | €88,584 | €233,452 | +€144,868 | +163.5% |
| Income taxes | 67/77 | €15,811 | €8,690 | -€7,121 | -45.0% |
| Taxes | 670/3 | €31,512 | €8,690 | -€22,823 | -72.4% |
| Tax adjustments and reversals of tax provisions | 77 | €15,701 | €0 | -€15,701 | -100.0% |
| Profit (loss) for the period | 9904 | €72,773 | €224,763 | +€151,990 | +208.9% |
| Profit (loss) for the period to be appropriated | 9905 | €72,773 | €224,763 | +€151,990 | +208.9% |
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 10 October 2026 via checked.be.