ICHO: 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.
ICHO
Largest movements
- Cash -€14,059
down €14,059 (-84.4%), from €16,649 to €2,590
mainly Net result for the year (-€8,031) and Receivables within one year (-€2,304)
- Receivables within one year +€2,304
up €2,304 (+88.3%), from €2,610 to €4,914
of which Other amounts receivable: +€3,504
- Deferred charges and accrued income -€1,290
no longer reported in 2025 (was €1,290)
- Profit (loss) carried forward -€8,031
down €8,031 (-248.1%), from -€3,237 to -€11,268
- Tax, wage and social debts -€1,992
down €1,992 (-88.2%), from €2,259 to €267
of which Taxes: -€1,992
- Trade debts -€1,890
no longer reported in 2025 (was €1,890)
- Other debts -€1,168
down €1,168 (-91.7%), from €1,274 to €106
- Gross operating margin -€29,839
down €29,839, from €22,387 to -€7,452
- Depreciation -€12,899
down €12,899 (-99.7%), from €12,936 to €37
- Financial charges -€488
down €488 (-84.6%), from €576 to €89
- Taxes -€329
no longer reported in 2025 (was €329)
- Other operating charges -€312
down €312 (-38.7%), from €807 to €494
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,586 | €7,505 | -€13,081 | -63.5% |
| Fixed assets | 21/28 | €37 | - | -€37 | |
| Tangible fixed assets | 22/27 | €37 | - | -€37 | |
| Furniture and vehicles | 24 | €37 | - | -€37 | |
| Current assets | 29/58 | €20,549 | €7,505 | -€13,045 | -63.5% |
| Amounts receivable within one year | 40/41 | €2,610 | €4,914 | +€2,304 | +88.3% |
| Trade receivables | 40 | €2,610 | €1,410 | -€1,200 | -46.0% |
| Other amounts receivable | 41 | - | €3,504 | +€3,504 | |
| Cash at bank and in hand | 54/58 | €16,649 | €2,590 | -€14,059 | -84.4% |
| Deferred charges and accrued income | 490/1 | €1,290 | - | -€1,290 | |
| Total equity and liabilities | 10/49 | €20,586 | €7,505 | -€13,081 | -63.5% |
| Equity | 10/15 | €15,163 | €7,132 | -€8,031 | -53.0% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €12,000 | €12,000 | = | 0.0% |
| Distributable reserves | 133 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,237 | -€11,268 | -€8,031 | -248.1% |
| Amounts payable | 17/49 | €5,423 | €373 | -€5,051 | -93.1% |
| Amounts payable within one year | 42/48 | €5,423 | €373 | -€5,051 | -93.1% |
| Trade debts | 44 | €1,890 | - | -€1,890 | |
| Suppliers | 440/4 | €1,890 | - | -€1,890 | |
| Taxes, remuneration and social security | 45 | €2,259 | €267 | -€1,992 | -88.2% |
| Taxes | 450/3 | €1,992 | - | -€1,992 | |
| Remuneration and social security | 454/9 | €267 | €267 | = | 0.0% |
| Other amounts payable | 47/48 | €1,274 | €106 | -€1,168 | -91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,936 | €37 | -€12,899 | -99.7% |
| Other operating charges | 640/8 | €807 | €494 | -€312 | -38.7% |
| Gross operating margin | 9900 | €22,387 | -€7,452 | -€29,839 | |
| Operating profit (loss) | 9901 | €8,645 | -€7,983 | -€16,628 | |
| Financial income | 75/76B | €1 | €41 | +€40 | +5025.0% |
| Recurring financial income | 75 | €1 | €41 | +€40 | +5025.0% |
| Financial charges | 65/66B | €576 | €89 | -€488 | -84.6% |
| Recurring financial charges | 65 | €576 | €89 | -€488 | -84.6% |
| Profit (loss) for the period before taxes | 9903 | €8,069 | -€8,031 | -€16,100 | |
| Income taxes | 67/77 | €329 | - | -€329 | |
| Profit (loss) for the period | 9904 | €7,740 | -€8,031 | -€15,771 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,740 | -€8,031 | -€15,771 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.