ICLaw: 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.
ICLaw
Largest movements
- Cash +€49,097
up €49,097 (+244.1%), from €20,114 to €69,211
mainly Net result for the year (+€42,801) and Tax, wage and social debts (+€3,744)
- Receivables within one year -€2,551
down €2,551 (-29.5%), from €8,634 to €6,082
of which Other amounts receivable: -€2,503
- Reserves +€42,801
up €42,801 (+254.9%), from €16,791 to €59,592
- Tax, wage and social debts +€3,744
up €3,744 (+38.1%), from €9,830 to €13,575
- Gross operating margin +€38,197
up €38,197 (+181.1%), from €21,094 to €59,291
- Taxes +€11,607
up €11,607 (+251.8%), from €4,609 to €16,216
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 | €28,748 | €75,293 | +€46,545 | +161.9% |
| Current assets | 29/58 | €28,748 | €75,293 | +€46,545 | +161.9% |
| Amounts receivable within one year | 40/41 | €8,634 | €6,082 | -€2,551 | -29.5% |
| Trade receivables | 40 | €48 | - | -€48 | |
| Other amounts receivable | 41 | €8,586 | €6,082 | -€2,503 | -29.2% |
| Cash at bank and in hand | 54/58 | €20,114 | €69,211 | +€49,097 | +244.1% |
| Total equity and liabilities | 10/49 | €28,748 | €75,293 | +€46,545 | +161.9% |
| Equity | 10/15 | €18,791 | €61,592 | +€42,801 | +227.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €16,791 | €59,592 | +€42,801 | +254.9% |
| Distributable reserves | 133 | €16,791 | €59,592 | +€42,801 | +254.9% |
| Amounts payable | 17/49 | €9,956 | €13,701 | +€3,745 | +37.6% |
| Amounts payable within one year | 42/48 | €9,956 | €13,701 | +€3,745 | +37.6% |
| Trade debts | 44 | €126 | €127 | +€0 | +0.4% |
| Suppliers | 440/4 | €126 | €127 | +€0 | +0.4% |
| Taxes, remuneration and social security | 45 | €9,830 | €13,575 | +€3,744 | +38.1% |
| Taxes | 450/3 | €9,830 | €13,575 | +€3,744 | +38.1% |
| Gross operating margin | 9900 | €21,094 | €59,291 | +€38,197 | +181.1% |
| Operating profit (loss) | 9901 | €21,094 | €59,291 | +€38,197 | +181.1% |
| Financial income | 75/76B | €325 | - | -€325 | |
| Recurring financial income | 75 | €325 | - | -€325 | |
| Financial charges | 65/66B | €19 | €274 | +€255 | +1361.3% |
| Recurring financial charges | 65 | €19 | €274 | +€255 | +1361.3% |
| Profit (loss) for the period before taxes | 9903 | €21,400 | €59,017 | +€37,617 | +175.8% |
| Income taxes | 67/77 | €4,609 | €16,216 | +€11,607 | +251.8% |
| Profit (loss) for the period | 9904 | €16,791 | €42,801 | +€26,009 | +154.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,791 | €42,801 | +€26,009 | +154.9% |
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 6 October 2026 via checked.be.