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ICE LETI: what changed

Two fiscal 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

ICE LETI

BE 0536.736.632
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€445
2024 · -€1,250+€805
Equity
€294,055
2024 · €294,500-€445
Cash
€274,715
2024 · €160+€274,555
Balance sheet total
€299,715
2024 · €300,160-€445

Largest movements

2024 to 2025
Assets
  • Financial fixed assets -€275,000

    down €275,000 (-91.7%), from €300,000 to €25,000

  • Cash +€274,555

    up €274,555 (+171596.9%), from €160 to €274,715

    mainly Investment in fixed assets (net) (+€275,000)

Equity and liabilities

No liability line moved by more than 1% of the balance sheet total.

    Income statement
    • Gross operating margin +€805

      up €805 (+66.8%), from -€1,205 to -€400

    From the 2024 result to the 2025 result

    effect on the 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 -€1,250
    Gross operating margin +€805
    Result 2025 -€445

    Cash bridge derived

    cash 2024 to 2025

    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 -€445
    Investment +€275,000
    Financing €0
    Cash 2024 €160
    Net result for the year -€445
    Investment in fixed assets (net) +€275,000
    Cash 2025 €274,715
    Every line side by side 25 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €300,160 €299,715 -€445 -0.1%
    Fixed assets 21/28 €300,000 €25,000 -€275,000 -91.7%
    Financial fixed assets 28 €300,000 €25,000 -€275,000 -91.7%
    Current assets 29/58 €160 €274,715 +€274,555 +171596.9%
    Cash at bank and in hand 54/58 €160 €274,715 +€274,555 +171596.9%
    Total equity and liabilities 10/49 €300,160 €299,715 -€445 -0.1%
    Equity 10/15 €294,500 €294,055 -€445 -0.2%
    Contributions 10/11 €33,000 €30,000 -€3,000 -9.1%
    Capital 10 - €30,000 +€30,000
    Issued capital 100 - €30,000 +€30,000
    Reserves 13 €267,000 €270,000 +€3,000 +1.1%
    Non-distributable reserves 130/1 - €3,000 +€3,000
    Legal reserve 130 - €3,000 +€3,000
    Distributable reserves 133 €267,000 €267,000 = 0.0%
    Profit (loss) carried forward 14 -€5,500 -€5,945 -€445 -8.1%
    Amounts payable 17/49 €5,660 €5,660 = 0.0%
    Amounts payable within one year 42/48 €5,660 €5,660 = 0.0%
    Other amounts payable 47/48 €5,660 €5,660 = 0.0%
    Gross operating margin 9900 -€1,205 -€400 +€805 +66.8%
    Operating profit (loss) 9901 -€1,205 -€400 +€805 +66.8%
    Financial charges 65/66B €45 €45 = 0.0%
    Recurring financial charges 65 €45 €45 = 0.0%
    Profit (loss) for the period before taxes 9903 -€1,250 -€445 +€805 +64.4%
    Profit (loss) for the period 9904 -€1,250 -€445 +€805 +64.4%
    Profit (loss) for the period to be appropriated 9905 -€1,250 -€445 +€805 +64.4%

    Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.