ICM SERVICE: 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.
ICM SERVICE
Largest movements
- Receivables within one year +€42,049
up €42,049 (+533%), from €7,895 to €49,945
of which Trade receivables: +€42,015
- Cash +€7,129
up €7,129 (+16.0%), from €44,470 to €51,599
mainly Net result for the year (+€46,815) and Depreciation (+€16,789)
- Reserves +€46,815
up €46,815 (+75.2%), from €62,285 to €109,100
- Debts after one year -€8,446
down €8,446 (-43.4%), from €19,483 to €11,037
- Tax, wage and social debts +€5,814
up €5,814 (+60.3%), from €9,645 to €15,460
of which Taxes: +€5,534
- Other debts +€2,777
up €2,777 (+157%), from €1,771 to €4,548
- Gross operating margin +€49,836
up €49,836 (+175%), from €28,537 to €78,373
- Taxes +€8,689
up €8,689 (+215%), from €4,043 to €12,732
- Depreciation +€2,060
up €2,060 (+14.0%), from €14,728 to €16,789
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 | €114,491 | €160,875 | +€46,384 | +40.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €60,808 | €59,331 | -€1,477 | -2.4% |
| Tangible fixed assets | 22/27 | €60,808 | €59,331 | -€1,477 | -2.4% |
| Land and buildings | 22 | €6,563 | €5,568 | -€995 | -15.2% |
| Plant, machinery and equipment | 23 | €11,906 | €22,886 | +€10,979 | +92.2% |
| Furniture and vehicles | 24 | €36,045 | €25,334 | -€10,711 | -29.7% |
| Other tangible fixed assets | 26 | €6,293 | €5,543 | -€750 | -11.9% |
| Current assets | 29/58 | €53,683 | €101,544 | +€47,861 | +89.2% |
| Amounts receivable within one year | 40/41 | €7,895 | €49,945 | +€42,049 | +533% |
| Trade receivables | 40 | €7,895 | €49,910 | +€42,015 | +532% |
| Other amounts receivable | 41 | - | €35 | +€35 | |
| Cash at bank and in hand | 54/58 | €44,470 | €51,599 | +€7,129 | +16.0% |
| Deferred charges and accrued income | 490/1 | €1,318 | - | -€1,318 | |
| Total equity and liabilities | 10/49 | €114,491 | €160,875 | +€46,384 | +40.5% |
| Equity | 10/15 | €65,285 | €112,100 | +€46,815 | +71.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €62,285 | €109,100 | +€46,815 | +75.2% |
| Distributable reserves | 133 | €62,285 | €109,100 | +€46,815 | +75.2% |
| Amounts payable | 17/49 | €49,206 | €48,775 | -€432 | -0.9% |
| Amounts payable after more than one year | 17 | €19,483 | €11,037 | -€8,446 | -43.4% |
| Financial debts | 170/4 | €19,483 | €11,037 | -€8,446 | -43.4% |
| Amounts payable within one year | 42/48 | €29,583 | €37,738 | +€8,155 | +27.6% |
| Current portion of amounts payable after more than one year | 42 | €8,120 | €8,446 | +€326 | +4.0% |
| Trade debts | 44 | €10,047 | €9,284 | -€764 | -7.6% |
| Suppliers | 440/4 | €10,047 | €9,284 | -€764 | -7.6% |
| Taxes, remuneration and social security | 45 | €9,645 | €15,460 | +€5,814 | +60.3% |
| Taxes | 450/3 | €7,782 | €13,317 | +€5,534 | +71.1% |
| Remuneration and social security | 454/9 | €1,863 | €2,143 | +€280 | +15.0% |
| Other amounts payable | 47/48 | €1,771 | €4,548 | +€2,777 | +157% |
| Accrued charges and deferred income | 492/3 | €140 | - | -€140 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,728 | €16,789 | +€2,060 | +14.0% |
| Other operating charges | 640/8 | €927 | €736 | -€191 | -20.6% |
| Gross operating margin | 9900 | €28,537 | €78,373 | +€49,836 | +175% |
| Operating profit (loss) | 9901 | €12,881 | €60,848 | +€47,967 | +372% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,395 | €1,302 | -€93 | -6.6% |
| Recurring financial charges | 65 | €1,395 | €1,302 | -€93 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €11,487 | €59,547 | +€48,060 | +418% |
| Income taxes | 67/77 | €4,043 | €12,732 | +€8,689 | +215% |
| Profit (loss) for the period | 9904 | €7,444 | €46,815 | +€39,372 | +529% |
| Profit (loss) for the period to be appropriated | 9905 | €7,444 | €46,815 | +€39,372 | +529% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.