ICJ CONSULT: 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.
ICJ CONSULT
Largest movements
- Receivables within one year -€20,166
down €20,166 (-12.1%), from €166,314 to €146,148
of which Trade receivables: -€21,717
- Tangible fixed assets +€13,105
up €13,105 (+35.5%), from €36,938 to €50,042
of which Furniture and vehicles: +€20,318
- Cash -€10,822
down €10,822 (-12.1%), from €89,428 to €78,606
mainly Contributions, distributions and other (-€244,520) and Investment in fixed assets (net) (-€28,632)
- Profit (loss) carried forward -€226,072
no longer reported in 2025 (was €226,072)
- Other debts +€205,804
up €205,804 (+659%), from €31,218 to €237,022
- Current portion of long-term debt +€3,735
up €3,735 (+51.7%), from €7,220 to €10,955
- Gross operating margin -€83,718
down €83,718 (-65.1%), from €128,583 to €44,865
- Taxes -€19,137
down €19,137 (-74.6%), from €25,643 to €6,505
- Depreciation +€4,216
up €4,216 (+37.3%), from €11,312 to €15,528
- Financial charges +€1,465
up €1,465 (+87.7%), from €1,671 to €3,137
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 | €292,938 | €276,201 | -€16,737 | -5.7% |
| Fixed assets | 21/28 | €36,938 | €50,042 | +€13,105 | +35.5% |
| Tangible fixed assets | 22/27 | €36,938 | €50,042 | +€13,105 | +35.5% |
| Furniture and vehicles | 24 | €2,945 | €23,262 | +€20,318 | +690% |
| Leasing and similar rights | 25 | €31,611 | €22,561 | -€9,049 | -28.6% |
| Other tangible fixed assets | 26 | €2,382 | €4,219 | +€1,836 | +77.1% |
| Current assets | 29/58 | €256,000 | €226,158 | -€29,842 | -11.7% |
| Amounts receivable within one year | 40/41 | €166,314 | €146,148 | -€20,166 | -12.1% |
| Trade receivables | 40 | €161,370 | €139,653 | -€21,717 | -13.5% |
| Other amounts receivable | 41 | €4,944 | €6,495 | +€1,551 | +31.4% |
| Cash at bank and in hand | 54/58 | €89,428 | €78,606 | -€10,822 | -12.1% |
| Deferred charges and accrued income | 490/1 | €258 | €1,405 | +€1,146 | +444% |
| Total equity and liabilities | 10/49 | €292,938 | €276,201 | -€16,737 | -5.7% |
| Equity | 10/15 | €231,072 | €5,000 | -€226,072 | -97.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €226,072 | - | -€226,072 | |
| Amounts payable | 17/49 | €61,866 | €271,201 | +€209,335 | +338% |
| Amounts payable after more than one year | 17 | €18,750 | €19,021 | +€271 | +1.4% |
| Financial debts | 170/4 | €18,750 | €19,021 | +€271 | +1.4% |
| Amounts payable within one year | 42/48 | €43,072 | €252,180 | +€209,108 | +485% |
| Current portion of amounts payable after more than one year | 42 | €7,220 | €10,955 | +€3,735 | +51.7% |
| Trade debts | 44 | €1,730 | €1,873 | +€143 | +8.3% |
| Suppliers | 440/4 | €1,730 | €1,873 | +€143 | +8.3% |
| Taxes, remuneration and social security | 45 | €2,903 | €2,329 | -€574 | -19.8% |
| Taxes | 450/3 | €2,903 | €2,329 | -€574 | -19.8% |
| Other amounts payable | 47/48 | €31,218 | €237,022 | +€205,804 | +659% |
| Accrued charges and deferred income | 492/3 | €45 | - | -€45 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,312 | €15,528 | +€4,216 | +37.3% |
| Other operating charges | 640/8 | €963 | €1,284 | +€320 | +33.2% |
| Gross operating margin | 9900 | €128,583 | €44,865 | -€83,718 | -65.1% |
| Operating profit (loss) | 9901 | €116,308 | €28,054 | -€88,254 | -75.9% |
| Financial income | 75/76B | €1,144 | €37 | -€1,108 | -96.8% |
| Recurring financial income | 75 | €1,144 | €37 | -€1,108 | -96.8% |
| Financial charges | 65/66B | €1,671 | €3,137 | +€1,465 | +87.7% |
| Recurring financial charges | 65 | €1,671 | €3,137 | +€1,465 | +87.7% |
| Profit (loss) for the period before taxes | 9903 | €115,780 | €24,954 | -€90,827 | -78.4% |
| Income taxes | 67/77 | €25,643 | €6,505 | -€19,137 | -74.6% |
| Profit (loss) for the period | 9904 | €90,138 | €18,449 | -€71,689 | -79.5% |
| Profit (loss) for the period to be appropriated | 9905 | €90,138 | €18,449 | -€71,689 | -79.5% |
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 15 October 2026 via checked.be.