ICASA Group: 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
ICASA Group
NACE 62.100, Computer programming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€9,483
2024 · €1,584-€11,067
Equity
€214,846
2024 · €224,329-€9,483
Cash
€2,664
2024 · €5,232-€2,568
Balance sheet total
€3.3m
2024 · €2.7m+€594,191
Largest movements
Assets
- Receivables within one year +€1.2m
up €1.2m (+75.1%), from €1.5m to €2.7m
of which Other amounts receivable: +€601,193
- Tangible fixed assets -€554,458
down €554,458 (-53.3%), from €1.0m to €485,295
of which Leasing and similar rights: -€472,611
Equity and liabilities
- Other debts +€548,896
up €548,896 (+38.6%), from €1.4m to €2.0m
- Trade debts +€92,650
up €92,650 (+32.4%), from €286,350 to €379,000
- Debts after one year -€41,475
down €41,475 (-27.5%), from €150,887 to €109,412
Income statement
- Gross operating margin +€375,776
up €375,776 (+114%), from €328,453 to €704,228
- Staff costs -€50,038
down €50,038 (-39.6%), from €126,276 to €76,238
- Financial charges -€8,869
down €8,869 (-18.6%), from €47,596 to €38,727
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
€1,584
Gross operating margin
+€375,776
Staff costs
+€50,038
Depreciation
-€313
Other operating charges
+€1,377
Other operating items
-€447,036
Financial income
+€10
Financial charges
+€8,869
Taxes
+€215
Result 2025
-€9,483
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€388,531
Investment
+€424,919
Financing
-€38,955
Cash 2024
€5,232
From operations (derived)
-€388,531
Net result for the year
-€9,483
Depreciation
+€134,816
Receivables within one year
-€1.2m
Trade debts
+€92,650
Tax, wage and social debts
+€3,264
Other debts
+€548,896
Accrued charges and deferred income
-€2,181
Investment (derived)
+€424,919
Investment in fixed assets (net)
+€424,919
Financing
-€38,955
Debts after one year
-€41,475
Current portion of long-term debt
+€2,520
Cash 2025
€2,664
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,743,454 | €3,337,645 | +€594,191 | +21.7% |
| Fixed assets | 21/28 | €1,198,805 | €639,071 | -€559,735 | -46.7% |
| Intangible fixed assets | 21 | €26,375 | €21,098 | -€5,277 | -20.0% |
| Tangible fixed assets | 22/27 | €1,039,752 | €485,295 | -€554,458 | -53.3% |
| Land and buildings | 22 | €396,077 | €363,297 | -€32,780 | -8.3% |
| Plant, machinery and equipment | 23 | €11,517 | €37 | -€11,480 | -99.7% |
| Furniture and vehicles | 24 | €159,547 | €121,961 | -€37,585 | -23.6% |
| Leasing and similar rights | 25 | €472,611 | €0 | -€472,611 | -100% |
| Financial fixed assets | 28 | €132,679 | €132,679 | = | 0.0% |
| Current assets | 29/58 | €1,544,649 | €2,698,574 | +€1.2m | +74.7% |
| Amounts receivable within one year | 40/41 | €1,539,417 | €2,695,911 | +€1.2m | +75.1% |
| Trade receivables | 40 | €660,377 | €1,215,678 | +€555,301 | +84.1% |
| Other amounts receivable | 41 | €879,040 | €1,480,233 | +€601,193 | +68.4% |
| Cash at bank and in hand | 54/58 | €5,232 | €2,664 | -€2,568 | -49.1% |
| Total equity and liabilities | 10/49 | €2,743,454 | €3,337,645 | +€594,191 | +21.7% |
| Equity | 10/15 | €224,329 | €214,846 | -€9,483 | -4.2% |
| Contributions | 10/11 | €340,000 | €340,000 | = | 0.0% |
| Capital | 10 | €340,000 | €340,000 | = | 0.0% |
| Issued capital | 100 | €340,000 | €340,000 | = | 0.0% |
| Reserves | 13 | €623,091 | €623,091 | = | 0.0% |
| Non-distributable reserves | 130/1 | €34,000 | €34,000 | = | 0.0% |
| Legal reserve | 130 | €34,000 | €34,000 | = | 0.0% |
| Distributable reserves | 133 | €589,091 | €589,091 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€738,762 | -€748,245 | -€9,483 | -1.3% |
| Amounts payable | 17/49 | €2,519,125 | €3,122,799 | +€603,674 | +24.0% |
| Amounts payable after more than one year | 17 | €150,887 | €109,412 | -€41,475 | -27.5% |
| Financial debts | 170/4 | €150,887 | €109,412 | -€41,475 | -27.5% |
| Amounts payable within one year | 42/48 | €2,366,058 | €3,013,387 | +€647,330 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €38,782 | €41,302 | +€2,520 | +6.5% |
| Financial debts | 43 | €600,000 | €600,000 | = | 0.0% |
| Credit institutions | 430/8 | €500,000 | €500,000 | = | 0.0% |
| Other loans | 439 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €286,350 | €379,000 | +€92,650 | +32.4% |
| Suppliers | 440/4 | €286,350 | €379,000 | +€92,650 | +32.4% |
| Taxes, remuneration and social security | 45 | €18,226 | €21,489 | +€3,264 | +17.9% |
| Taxes | 450/3 | €300 | €9,347 | +€9,047 | +3,016% |
| Remuneration and social security | 454/9 | €17,926 | €12,142 | -€5,783 | -32.3% |
| Other amounts payable | 47/48 | €1,422,699 | €1,971,595 | +€548,896 | +38.6% |
| Accrued charges and deferred income | 492/3 | €2,181 | €0 | -€2,181 | -100% |
| Non-recurring operating income | 76A | - | €485,000 | +€485,000 | |
| Remuneration, social security and pensions | 62 | €126,276 | €76,238 | -€50,038 | -39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,503 | €134,816 | +€313 | +0.2% |
| Other operating charges | 640/8 | €18,310 | €16,934 | -€1,377 | -7.5% |
| Non-recurring operating charges | 66A | - | €447,036 | +€447,036 | |
| Gross operating margin | 9900 | €328,453 | €704,228 | +€375,776 | +114% |
| Operating profit (loss) | 9901 | €49,364 | €29,204 | -€20,160 | -40.8% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €47,596 | €38,727 | -€8,869 | -18.6% |
| Recurring financial charges | 65 | €47,596 | €38,727 | -€8,869 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €1,768 | -€9,513 | -€11,281 | |
| Income taxes | 67/77 | €184 | -€31 | -€215 | |
| Profit (loss) for the period | 9904 | €1,584 | -€9,483 | -€11,067 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,584 | -€9,483 | -€11,067 |
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 29 October 2026 via checked.be.