ICK: 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.
ICK
Largest movements
- Current investments -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Tangible fixed assets -€11,291
down €11,291 (-23.2%), from €48,685 to €37,394
of which Furniture and vehicles: -€10,865
- Cash +€11,268
up €11,268 (+10.2%), from €110,159 to €121,427
mainly Current investments (+€50,000) and Net result for the year (+€25,555)
- Receivables within one year +€4,338
up €4,338 (+858.5%), from €505 to €4,843
of which Other amounts receivable: +€4,338
- Reserves -€48,148
down €48,148 (-42.1%), from €114,277 to €66,129
- Other debts +€12,814
up €12,814 (+21.0%), from €61,122 to €73,936
- Tax, wage and social debts -€10,381
down €10,381 (-65.9%), from €15,749 to €5,367
of which Taxes: -€7,783
- Gross operating margin -€22,148
down €22,148 (-31.6%), from €70,147 to €47,999
- Depreciation +€3,793
up €3,793 (+50.6%), from €7,497 to €11,291
- Taxes -€2,495
down €2,495 (-17.7%), from €14,117 to €11,623
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 | €211,192 | €164,973 | -€46,219 | -21.9% |
| Fixed assets | 21/28 | €48,685 | €37,394 | -€11,291 | -23.2% |
| Tangible fixed assets | 22/27 | €48,685 | €37,394 | -€11,291 | -23.2% |
| Plant, machinery and equipment | 23 | €1,736 | €1,310 | -€426 | -24.5% |
| Furniture and vehicles | 24 | €46,949 | €36,084 | -€10,865 | -23.1% |
| Current assets | 29/58 | €162,508 | €127,579 | -€34,929 | -21.5% |
| Amounts receivable within one year | 40/41 | €505 | €4,843 | +€4,338 | +858.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €505 | €4,843 | +€4,338 | +858.5% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €110,159 | €121,427 | +€11,268 | +10.2% |
| Deferred charges and accrued income | 490/1 | €1,843 | €1,308 | -€535 | -29.0% |
| Total equity and liabilities | 10/49 | €211,192 | €164,973 | -€46,219 | -21.9% |
| Equity | 10/15 | €132,877 | €84,729 | -€48,148 | -36.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €114,277 | €66,129 | -€48,148 | -42.1% |
| Distributable reserves | 133 | €114,277 | €66,129 | -€48,148 | -42.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €78,315 | €80,244 | +€1,929 | +2.5% |
| Amounts payable within one year | 42/48 | €77,920 | €80,244 | +€2,323 | +3.0% |
| Financial debts | 43 | €0 | €47 | +€47 | |
| Credit institutions | 430/8 | €0 | €47 | +€47 | |
| Trade debts | 44 | €1,050 | €893 | -€157 | -14.9% |
| Suppliers | 440/4 | €1,050 | €893 | -€157 | -14.9% |
| Taxes, remuneration and social security | 45 | €15,749 | €5,367 | -€10,381 | -65.9% |
| Taxes | 450/3 | €13,151 | €5,367 | -€7,783 | -59.2% |
| Remuneration and social security | 454/9 | €2,598 | €0 | -€2,598 | -100.0% |
| Other amounts payable | 47/48 | €61,122 | €73,936 | +€12,814 | +21.0% |
| Accrued charges and deferred income | 492/3 | €395 | €0 | -€395 | -100.0% |
| Non-recurring operating income | 76A | €6,612 | €0 | -€6,612 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,497 | €11,291 | +€3,793 | +50.6% |
| Other operating charges | 640/8 | €1,561 | €991 | -€570 | -36.5% |
| Gross operating margin | 9900 | €70,147 | €47,999 | -€22,148 | -31.6% |
| Operating profit (loss) | 9901 | €61,089 | €35,718 | -€25,372 | -41.5% |
| Financial income | 75/76B | €1,372 | €1,649 | +€276 | +20.1% |
| Recurring financial income | 75 | €1,372 | €1,649 | +€276 | +20.1% |
| Financial charges | 65/66B | €312 | €188 | -€124 | -39.7% |
| Recurring financial charges | 65 | €312 | €188 | -€124 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €62,149 | €37,178 | -€24,971 | -40.2% |
| Income taxes | 67/77 | €14,117 | €11,623 | -€2,495 | -17.7% |
| Profit (loss) for the period | 9904 | €48,032 | €25,555 | -€22,476 | -46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €48,032 | €25,555 | -€22,476 | -46.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.