iCardioteam: 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.
iCardioteam
Largest movements
- Cash +€238,426
up €238,426 (+163%), from €146,552 to €384,978
mainly Net result for the year (+€452,759) and Other debts (+€450,000)
- Receivables within one year +€234,517
up €234,517 (+550%), from €42,674 to €277,191
of which Other amounts receivable: +€230,421
- Deferred charges and accrued income +€70,807
up €70,807 (+44.5%), from €159,190 to €229,997
- Other debts +€450,000
new in 2025: €450,000
- Tax, wage and social debts +€106,561
up €106,561 (+286%), from €37,260 to €143,821
- Gross operating margin +€188,515
up €188,515 (+42.9%), from €439,079 to €627,594
- Taxes +€52,801
up €52,801 (+50.2%), from €105,260 to €158,061
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 | €406,860 | €959,251 | +€552,391 | +136% |
| Fixed assets | 21/28 | €53,267 | €60,108 | +€6,841 | +12.8% |
| Tangible fixed assets | 22/27 | €53,267 | €60,108 | +€6,841 | +12.8% |
| Furniture and vehicles | 24 | €45,097 | €45,639 | +€542 | +1.2% |
| Other tangible fixed assets | 26 | €8,170 | €14,469 | +€6,299 | +77.1% |
| Current assets | 29/58 | €353,593 | €899,143 | +€545,550 | +154% |
| Amounts receivable within one year | 40/41 | €42,674 | €277,191 | +€234,517 | +550% |
| Trade receivables | 40 | €10,351 | €14,447 | +€4,096 | +39.6% |
| Other amounts receivable | 41 | €32,323 | €262,744 | +€230,421 | +713% |
| Current investments | 50/53 | €5,177 | €6,977 | +€1,800 | +34.8% |
| Cash at bank and in hand | 54/58 | €146,552 | €384,978 | +€238,426 | +163% |
| Deferred charges and accrued income | 490/1 | €159,190 | €229,997 | +€70,807 | +44.5% |
| Total equity and liabilities | 10/49 | €406,860 | €959,251 | +€552,391 | +136% |
| Equity | 10/15 | €332,078 | €334,837 | +€2,759 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €313,000 | €313,000 | = | 0.0% |
| Distributable reserves | 133 | €313,000 | €313,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €478 | €3,237 | +€2,759 | +577% |
| Amounts payable | 17/49 | €74,782 | €624,414 | +€549,632 | +735% |
| Amounts payable within one year | 42/48 | €74,782 | €624,414 | +€549,632 | +735% |
| Current portion of amounts payable after more than one year | 42 | €29,418 | €29,320 | -€98 | -0.3% |
| Trade debts | 44 | €8,104 | €1,273 | -€6,831 | -84.3% |
| Suppliers | 440/4 | €8,104 | €1,273 | -€6,831 | -84.3% |
| Taxes, remuneration and social security | 45 | €37,260 | €143,821 | +€106,561 | +286% |
| Taxes | 450/3 | €37,260 | €143,821 | +€106,561 | +286% |
| Other amounts payable | 47/48 | - | €450,000 | +€450,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,691 | €22,095 | +€2,404 | +12.2% |
| Other operating charges | 640/8 | €1,340 | €1,507 | +€167 | +12.5% |
| Non-recurring operating charges | 66A | - | €100 | +€100 | |
| Gross operating margin | 9900 | €439,079 | €627,594 | +€188,515 | +42.9% |
| Operating profit (loss) | 9901 | €418,048 | €603,892 | +€185,844 | +44.5% |
| Financial income | 75/76B | €1,779 | €8,016 | +€6,237 | +351% |
| Recurring financial income | 75 | €1,779 | €8,016 | +€6,237 | +351% |
| Financial charges | 65/66B | €1,404 | €1,088 | -€316 | -22.5% |
| Recurring financial charges | 65 | €1,404 | €1,088 | -€316 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €418,423 | €610,820 | +€192,397 | +46.0% |
| Income taxes | 67/77 | €105,260 | €158,061 | +€52,801 | +50.2% |
| Profit (loss) for the period | 9904 | €313,163 | €452,759 | +€139,596 | +44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €313,163 | €452,759 | +€139,596 | +44.6% |
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 30 October 2026 via checked.be.