ICBM Global: 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.
ICBM Global
Largest movements
- Receivables within one year -€124,104
down €124,104 (-36.2%), from €343,150 to €219,046
of which Trade receivables: -€99,303
- Cash +€50,887
up €50,887 (+258.9%), from €19,655 to €70,542
mainly Receivables within one year (+€124,104) and Tax, wage and social debts (+€15,500)
- Stocks and contracts +€12,536
up €12,536 (+168.1%), from €7,459 to €19,995
- Trade debts -€93,397
down €93,397 (-34.1%), from €274,123 to €180,726
- Tax, wage and social debts +€15,500
up €15,500 (+85.3%), from €18,178 to €33,677
of which Taxes: +€20,749
- Reserves +€11,034
up €11,034 (+66.8%), from €16,522 to €27,556
of which Distributable reserves: +€17,234
- Accrued charges and deferred income +€6,250
new in 2024: €6,250
- Gross operating margin +€29,214
up €29,214 (+61.2%), from €47,763 to €76,977
- Depreciation -€6,958
down €6,958 (-96.2%), from €7,233 to €276
- Staff costs -€6,153
down €6,153 (-8.5%), from €72,541 to €66,388
- Financial income +€2,564
up €2,564 (+275.2%), from €932 to €3,496
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €370,823 | €310,209 | -€60,613 | -16.3% |
| Fixed assets | 21/28 | €0 | €626 | +€626 | |
| Tangible fixed assets | 22/27 | €0 | €626 | +€626 | |
| Furniture and vehicles | 24 | - | €626 | +€626 | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €370,823 | €309,583 | -€61,240 | -16.5% |
| Stocks and contracts in progress | 3 | €7,459 | €19,995 | +€12,536 | +168.1% |
| Stocks | 30/36 | €7,459 | €19,995 | +€12,536 | +168.1% |
| Amounts receivable within one year | 40/41 | €343,150 | €219,046 | -€124,104 | -36.2% |
| Trade receivables | 40 | €288,811 | €189,508 | -€99,303 | -34.4% |
| Other amounts receivable | 41 | €54,338 | €29,538 | -€24,800 | -45.6% |
| Cash at bank and in hand | 54/58 | €19,655 | €70,542 | +€50,887 | +258.9% |
| Deferred charges and accrued income | 490/1 | €559 | €0 | -€559 | -100.0% |
| Total equity and liabilities | 10/49 | €370,823 | €310,209 | -€60,613 | -16.3% |
| Equity | 10/15 | €78,522 | €89,556 | +€11,034 | +14.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €16,522 | €27,556 | +€11,034 | +66.8% |
| Non-distributable reserves | 130/1 | €6,200 | €0 | -€6,200 | -100.0% |
| Reserves not available under the articles | 1311 | €6,200 | €0 | -€6,200 | -100.0% |
| Distributable reserves | 133 | €10,322 | €27,556 | +€17,234 | +167.0% |
| Amounts payable | 17/49 | €292,301 | €220,653 | -€71,648 | -24.5% |
| Amounts payable within one year | 42/48 | €292,301 | €214,403 | -€77,898 | -26.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €274,123 | €180,726 | -€93,397 | -34.1% |
| Suppliers | 440/4 | €274,123 | €180,726 | -€93,397 | -34.1% |
| Taxes, remuneration and social security | 45 | €18,178 | €33,677 | +€15,500 | +85.3% |
| Taxes | 450/3 | €3,011 | €23,760 | +€20,749 | +689.2% |
| Remuneration and social security | 454/9 | €15,167 | €9,918 | -€5,249 | -34.6% |
| Accrued charges and deferred income | 492/3 | - | €6,250 | +€6,250 | |
| Remuneration, social security and pensions | 62 | €72,541 | €66,388 | -€6,153 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,233 | €276 | -€6,958 | -96.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€103 | -€423 | -€320 | -311.1% |
| Other operating charges | 640/8 | €1,157 | €1,672 | +€515 | +44.5% |
| Gross operating margin | 9900 | €47,763 | €76,977 | +€29,214 | +61.2% |
| Operating profit (loss) | 9901 | -€33,065 | €9,065 | +€42,130 | |
| Financial income | 75/76B | €932 | €3,496 | +€2,564 | +275.2% |
| Recurring financial income | 75 | €932 | €3,496 | +€2,564 | +275.2% |
| Financial charges | 65/66B | €1,120 | €1,207 | +€86 | +7.7% |
| Recurring financial charges | 65 | €540 | €1,207 | +€666 | +123.4% |
| Non-recurring financial charges | 66B | €580 | €0 | -€580 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€33,253 | €11,354 | +€44,607 | |
| Income taxes | 67/77 | €333 | €320 | -€14 | -4.1% |
| Profit (loss) for the period | 9904 | -€33,587 | €11,034 | +€44,621 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,587 | €11,034 | +€44,621 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.