iCOAST: 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.
iCOAST
Largest movements
- Cash +€122,474
up €122,474 (+65.1%), from €188,190 to €310,665
mainly Net result for the year (+€142,113) and Tax, wage and social debts (+€12,746)
- Receivables within one year +€29,811
up €29,811 (+175.2%), from €17,020 to €46,831
- Profit (loss) carried forward +€142,113
up €142,113 (+82.0%), from €173,331 to €315,444
- Tax, wage and social debts +€12,746
up €12,746 (+39.6%), from €32,207 to €44,952
- Gross operating margin +€51,451
up €51,451 (+38.6%), from €133,425 to €184,876
- Taxes +€12,718
up €12,718 (+45.4%), from €28,007 to €40,724
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 | €210,463 | €364,895 | +€154,432 | +73.4% |
| Fixed assets | 21/28 | €5,252 | €7,399 | +€2,147 | +40.9% |
| Tangible fixed assets | 22/27 | €5,252 | €7,399 | +€2,147 | +40.9% |
| Furniture and vehicles | 24 | €5,252 | €7,399 | +€2,147 | +40.9% |
| Current assets | 29/58 | €205,210 | €357,496 | +€152,285 | +74.2% |
| Amounts receivable within one year | 40/41 | €17,020 | €46,831 | +€29,811 | +175.2% |
| Trade receivables | 40 | €17,020 | €46,831 | +€29,811 | +175.2% |
| Cash at bank and in hand | 54/58 | €188,190 | €310,665 | +€122,474 | +65.1% |
| Total equity and liabilities | 10/49 | €210,463 | €364,895 | +€154,432 | +73.4% |
| Equity | 10/15 | €176,331 | €318,444 | +€142,113 | +80.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €173,331 | €315,444 | +€142,113 | +82.0% |
| Amounts payable | 17/49 | €34,132 | €46,451 | +€12,319 | +36.1% |
| Amounts payable within one year | 42/48 | €34,132 | €46,451 | +€12,319 | +36.1% |
| Trade debts | 44 | €466 | €16 | -€450 | -96.7% |
| Suppliers | 440/4 | €466 | €16 | -€450 | -96.7% |
| Taxes, remuneration and social security | 45 | €32,207 | €44,952 | +€12,746 | +39.6% |
| Taxes | 450/3 | €32,207 | €44,952 | +€12,746 | +39.6% |
| Other amounts payable | 47/48 | €1,460 | €1,483 | +€23 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,100 | €1,889 | +€789 | +71.7% |
| Gross operating margin | 9900 | €133,425 | €184,876 | +€51,451 | +38.6% |
| Operating profit (loss) | 9901 | €132,325 | €182,988 | +€50,662 | +38.3% |
| Financial charges | 65/66B | €112 | €150 | +€38 | +33.9% |
| Recurring financial charges | 65 | €112 | €150 | +€38 | +33.9% |
| Profit (loss) for the period before taxes | 9903 | €132,213 | €182,838 | +€50,624 | +38.3% |
| Income taxes | 67/77 | €28,007 | €40,724 | +€12,718 | +45.4% |
| Profit (loss) for the period | 9904 | €104,207 | €142,113 | +€37,907 | +36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €104,207 | €142,113 | +€37,907 | +36.4% |
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.