ICI: 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.
ICI
Largest movements
- Receivables within one year +€37,684
up €37,684 (+7.9%), from €474,214 to €511,898
of which Other amounts receivable: +€30,438
- Tangible fixed assets -€26,360
down €26,360 (-25.1%), from €105,083 to €78,723
of which Leasing and similar rights: -€16,959
- Cash -€10,668
down €10,668 (-12.6%), from €84,853 to €74,185
mainly Contributions, distributions and other (-€64,169) and Receivables within one year (-€37,684)
- Trade debts +€31,259
up €31,259 (+149%), from €21,002 to €52,261
- Debts after one year -€19,906
down €19,906 (-33.4%), from €59,683 to €39,777
- Reserves -€16,788
down €16,788 (-3.5%), from €483,110 to €466,322
- Depreciation +€12,720
up €12,720 (+84.1%), from €15,127 to €27,847
- Staff costs +€9,723
up €9,723 (+5.2%), from €188,042 to €197,765
- Taxes -€6,994
down €6,994 (-23.4%), from €29,873 to €22,879
- Write-downs +€5,015
up €5,015, from -€5,015 to €0
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 | €667,851 | €667,322 | -€529 | -0.1% |
| Fixed assets | 21/28 | €105,083 | €78,723 | -€26,360 | -25.1% |
| Tangible fixed assets | 22/27 | €105,083 | €78,723 | -€26,360 | -25.1% |
| Land and buildings | 22 | €1,375 | €1,100 | -€275 | -20.0% |
| Plant, machinery and equipment | 23 | €3,326 | €2,840 | -€486 | -14.6% |
| Furniture and vehicles | 24 | €19,825 | €11,184 | -€8,640 | -43.6% |
| Leasing and similar rights | 25 | €80,557 | €63,598 | -€16,959 | -21.1% |
| Current assets | 29/58 | €562,768 | €588,599 | +€25,831 | +4.6% |
| Amounts receivable within one year | 40/41 | €474,214 | €511,898 | +€37,684 | +7.9% |
| Trade receivables | 40 | €121,404 | €128,651 | +€7,246 | +6.0% |
| Other amounts receivable | 41 | €352,809 | €383,247 | +€30,438 | +8.6% |
| Cash at bank and in hand | 54/58 | €84,853 | €74,185 | -€10,668 | -12.6% |
| Deferred charges and accrued income | 490/1 | €3,702 | €2,517 | -€1,185 | -32.0% |
| Total equity and liabilities | 10/49 | €667,851 | €667,322 | -€529 | -0.1% |
| Equity | 10/15 | €503,551 | €486,763 | -€16,788 | -3.3% |
| Contributions | 10/11 | €20,441 | €20,441 | = | 0.0% |
| Reserves | 13 | €483,110 | €466,322 | -€16,788 | -3.5% |
| Distributable reserves | 133 | €483,110 | €466,322 | -€16,788 | -3.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €164,300 | €180,559 | +€16,259 | +9.9% |
| Amounts payable after more than one year | 17 | €59,683 | €39,777 | -€19,906 | -33.4% |
| Financial debts | 170/4 | €59,683 | €39,777 | -€19,906 | -33.4% |
| Amounts payable within one year | 42/48 | €104,617 | €138,228 | +€33,611 | +32.1% |
| Current portion of amounts payable after more than one year | 42 | €19,277 | €20,281 | +€1,004 | +5.2% |
| Trade debts | 44 | €21,002 | €52,261 | +€31,259 | +149% |
| Suppliers | 440/4 | €21,002 | €52,261 | +€31,259 | +149% |
| Taxes, remuneration and social security | 45 | €52,096 | €52,027 | -€69 | -0.1% |
| Taxes | 450/3 | €22,752 | €18,685 | -€4,067 | -17.9% |
| Remuneration and social security | 454/9 | €29,344 | €33,342 | +€3,998 | +13.6% |
| Other amounts payable | 47/48 | €12,242 | €13,659 | +€1,417 | +11.6% |
| Accrued charges and deferred income | 492/3 | - | €2,554 | +€2,554 | |
| Remuneration, social security and pensions | 62 | €188,042 | €197,765 | +€9,723 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,127 | €27,847 | +€12,720 | +84.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,015 | €0 | +€5,015 | |
| Other operating charges | 640/8 | €7,835 | €7,394 | -€441 | -5.6% |
| Gross operating margin | 9900 | €306,489 | €306,331 | -€158 | -0.1% |
| Operating profit (loss) | 9901 | €100,499 | €73,325 | -€27,175 | -27.0% |
| Financial income | 75/76B | €1 | €289 | +€287 | +20,243% |
| Recurring financial income | 75 | €1 | €289 | +€287 | +20,243% |
| Financial charges | 65/66B | €1,383 | €3,353 | +€1,970 | +142% |
| Recurring financial charges | 65 | €1,383 | €3,353 | +€1,970 | +142% |
| Profit (loss) for the period before taxes | 9903 | €99,118 | €70,261 | -€28,857 | -29.1% |
| Income taxes | 67/77 | €29,873 | €22,879 | -€6,994 | -23.4% |
| Profit (loss) for the period | 9904 | €69,244 | €47,381 | -€21,863 | -31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €69,244 | €47,381 | -€21,863 | -31.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.