iCOM 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.
iCOM Consult
Largest movements
- Current investments +€65,787
up €65,787 (+42.1%), from €156,429 to €222,217
- Cash -€46,744
down €46,744 (-74.6%), from €62,656 to €15,912
mainly Current investments (-€65,787) and Contributions, distributions and other (-€32,000)
- Receivables within one year -€16,202
down €16,202 (-35.6%), from €45,458 to €29,257
of which Trade receivables: -€13,392
- Tax, wage and social debts -€9,573
down €9,573 (-33.4%), from €28,632 to €19,059
of which Taxes: -€11,989
- Reserves +€7,702
up €7,702 (+3.4%), from €224,060 to €231,762
- Trade debts +€4,298
up €4,298 (+698%), from €616 to €4,914
- Gross operating margin -€7,448
down €7,448 (-5.3%), from €140,708 to €133,260
- Staff costs +€7,237
up €7,237 (+12.3%), from €59,053 to €66,290
- Taxes -€6,087
down €6,087 (-26.3%), from €23,116 to €17,028
- Financial income -€3,788
down €3,788 (-79.6%), from €4,758 to €970
- Depreciation +€3,770
up €3,770 (+59.6%), from €6,326 to €10,096
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 | €288,430 | €291,390 | +€2,959 | +1.0% |
| Fixed assets | 21/28 | €21,351 | €21,431 | +€80 | +0.4% |
| Tangible fixed assets | 22/27 | €21,351 | €21,431 | +€80 | +0.4% |
| Plant, machinery and equipment | 23 | €14,165 | €16,332 | +€2,167 | +15.3% |
| Furniture and vehicles | 24 | €7,187 | €3,707 | -€3,480 | -48.4% |
| Other tangible fixed assets | 26 | - | €1,393 | +€1,393 | |
| Current assets | 29/58 | €267,079 | €269,959 | +€2,880 | +1.1% |
| Amounts receivable within one year | 40/41 | €45,458 | €29,257 | -€16,202 | -35.6% |
| Trade receivables | 40 | €36,665 | €23,272 | -€13,392 | -36.5% |
| Other amounts receivable | 41 | €8,794 | €5,985 | -€2,809 | -31.9% |
| Current investments | 50/53 | €156,429 | €222,217 | +€65,787 | +42.1% |
| Cash at bank and in hand | 54/58 | €62,656 | €15,912 | -€46,744 | -74.6% |
| Deferred charges and accrued income | 490/1 | €2,536 | €2,574 | +€38 | +1.5% |
| Total equity and liabilities | 10/49 | €288,430 | €291,390 | +€2,959 | +1.0% |
| Equity | 10/15 | €245,356 | €253,058 | +€7,702 | +3.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €224,060 | €231,762 | +€7,702 | +3.4% |
| Distributable reserves | 133 | €224,060 | €231,762 | +€7,702 | +3.4% |
| Profit (loss) carried forward | 14 | €8,896 | €8,896 | = | 0.0% |
| Amounts payable | 17/49 | €43,074 | €38,331 | -€4,743 | -11.0% |
| Amounts payable within one year | 42/48 | €41,894 | €38,331 | -€3,562 | -8.5% |
| Trade debts | 44 | €616 | €4,914 | +€4,298 | +698% |
| Suppliers | 440/4 | €616 | €4,914 | +€4,298 | +698% |
| Taxes, remuneration and social security | 45 | €28,632 | €19,059 | -€9,573 | -33.4% |
| Taxes | 450/3 | €21,078 | €9,089 | -€11,989 | -56.9% |
| Remuneration and social security | 454/9 | €7,554 | €9,970 | +€2,416 | +32.0% |
| Other amounts payable | 47/48 | €12,647 | €14,359 | +€1,713 | +13.5% |
| Accrued charges and deferred income | 492/3 | €1,181 | €0 | -€1,181 | -100% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €59,053 | €66,290 | +€7,237 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,326 | €10,096 | +€3,770 | +59.6% |
| Other operating charges | 640/8 | €1,520 | €755 | -€765 | -50.3% |
| Non-recurring operating charges | 66A | - | €90 | +€90 | |
| Gross operating margin | 9900 | €140,708 | €133,260 | -€7,448 | -5.3% |
| Operating profit (loss) | 9901 | €73,810 | €56,030 | -€17,780 | -24.1% |
| Financial income | 75/76B | €4,758 | €970 | -€3,788 | -79.6% |
| Recurring financial income | 75 | €4,758 | €970 | -€3,788 | -79.6% |
| Financial charges | 65/66B | €1,505 | €269 | -€1,236 | -82.1% |
| Recurring financial charges | 65 | €1,505 | €269 | -€1,236 | -82.1% |
| Profit (loss) for the period before taxes | 9903 | €77,063 | €56,731 | -€20,333 | -26.4% |
| Income taxes | 67/77 | €23,116 | €17,028 | -€6,087 | -26.3% |
| Profit (loss) for the period | 9904 | €53,948 | €39,702 | -€14,245 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €53,948 | €39,702 | -€14,245 | -26.4% |
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 16 October 2026 via checked.be.