icometrix: 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.
icometrix
Largest movements
- Cash -€955,542
down €955,542 (-30.8%), from €3.1m to €2.1m
mainly Net result for the year (-€6.5m) and Investment in fixed assets (net) (-€379,849)
- Deferred charges and accrued income -€410,209
down €410,209 (-67.2%), from €610,007 to €199,799
- Receivables within one year +€140,572
up €140,572 (+5.9%), from €2.4m to €2.5m
of which Trade receivables: +€466,536
- Intangible fixed assets -€74,252
down €74,252 (-8.6%), from €862,374 to €788,122
- Profit (loss) carried forward -€6.5m
down €6.5m (-279.0%), from -€2.3m to -€8.8m
- Other debts +€3.7m
up €3.7m (+353588.3%), from €1,045 to €3.7m
- Contributions +€1.4m
up €1.4m (+24.7%), from €5.6m to €6.9m
of which Outside capital: +€1.0m
- Advances received +€308,382
up €308,382 (+13.3%), from €2.3m to €2.6m
- Accrued charges and deferred income -€288,701
down €288,701 (-31.4%), from €919,857 to €631,156
- Gross operating margin +€395,743
up €395,743 (+44.1%), from €896,672 to €1.3m
- Financial charges +€133,195
up €133,195 (+187.4%), from €71,094 to €204,290
- Financial income -€99,263
down €99,263 (-66.1%), from €150,161 to €50,898
- Staff costs +€54,892
up €54,892 (+1.9%), from €2.9m to €2.9m
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 | €7,044,425 | €5,735,939 | -€1.3m | -18.6% |
| Fixed assets | 21/28 | €893,100 | €817,029 | -€76,072 | -8.5% |
| Intangible fixed assets | 21 | €862,374 | €788,122 | -€74,252 | -8.6% |
| Tangible fixed assets | 22/27 | €30,631 | €28,811 | -€1,819 | -5.9% |
| Plant, machinery and equipment | 23 | €126 | €0 | -€126 | -100.0% |
| Furniture and vehicles | 24 | €6,335 | €20,882 | +€14,547 | +229.6% |
| Other tangible fixed assets | 26 | €24,171 | €7,929 | -€16,241 | -67.2% |
| Financial fixed assets | 28 | €95 | €95 | = | 0.0% |
| Current assets | 29/58 | €6,151,325 | €4,918,911 | -€1.2m | -20.0% |
| Amounts receivable after more than one year | 29 | €73,140 | €65,905 | -€7,235 | -9.9% |
| Other amounts receivable | 291 | €73,140 | €65,905 | -€7,235 | -9.9% |
| Amounts receivable within one year | 40/41 | €2,368,699 | €2,509,270 | +€140,572 | +5.9% |
| Trade receivables | 40 | €1,925,463 | €2,391,998 | +€466,536 | +24.2% |
| Other amounts receivable | 41 | €443,236 | €117,272 | -€325,964 | -73.5% |
| Cash at bank and in hand | 54/58 | €3,099,479 | €2,143,937 | -€955,542 | -30.8% |
| Deferred charges and accrued income | 490/1 | €610,007 | €199,799 | -€410,209 | -67.2% |
| Total equity and liabilities | 10/49 | €7,044,425 | €5,735,939 | -€1.3m | -18.6% |
| Equity | 10/15 | €3,266,350 | -€1,817,935 | -€5.1m | |
| Contributions | 10/11 | €5,561,276 | €6,936,601 | +€1.4m | +24.7% |
| Capital | 10 | €5,561,276 | €5,896,118 | +€334,842 | +6.0% |
| Issued capital | 100 | €5,561,276 | €5,896,118 | +€334,842 | +6.0% |
| Outside capital | 11 | €0 | €1,040,483 | +€1.0m | |
| Share premium | 1100/10 | €0 | €1,040,483 | +€1.0m | |
| Reserves | 13 | €20,026 | €20,026 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,026 | €1,026 | = | 0.0% |
| Legal reserve | 130 | €1,026 | €1,026 | = | 0.0% |
| Distributable reserves | 133 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,314,952 | -€8,774,561 | -€6.5m | -279.0% |
| Amounts payable | 17/49 | €3,778,075 | €7,553,874 | +€3.8m | +99.9% |
| Amounts payable within one year | 42/48 | €2,858,218 | €6,922,718 | +€4.1m | +142.2% |
| Trade debts | 44 | €251,855 | €275,821 | +€23,965 | +9.5% |
| Suppliers | 440/4 | €251,855 | €275,821 | +€23,965 | +9.5% |
| Advances received on contracts in progress | 46 | €2,310,646 | €2,619,028 | +€308,382 | +13.3% |
| Taxes, remuneration and social security | 45 | €294,671 | €331,120 | +€36,448 | +12.4% |
| Taxes | 450/3 | €15,734 | €22,347 | +€6,613 | +42.0% |
| Remuneration and social security | 454/9 | €278,937 | €308,773 | +€29,836 | +10.7% |
| Other amounts payable | 47/48 | €1,045 | €3,696,750 | +€3.7m | +353588.3% |
| Accrued charges and deferred income | 492/3 | €919,857 | €631,156 | -€288,701 | -31.4% |
| Remuneration, social security and pensions | 62 | €2,853,023 | €2,907,914 | +€54,892 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €443,291 | €455,920 | +€12,630 | +2.8% |
| Other operating charges | 640/8 | €6,397 | €6,869 | +€471 | +7.4% |
| Non-recurring operating charges | 66A | - | €4,239,176 | +€4.2m | |
| Gross operating margin | 9900 | €896,672 | €1,292,415 | +€395,743 | +44.1% |
| Operating profit (loss) | 9901 | -€2,406,039 | -€6,317,464 | -€3.9m | -162.6% |
| Financial income | 75/76B | €150,161 | €50,898 | -€99,263 | -66.1% |
| Recurring financial income | 75 | €150,161 | €50,898 | -€99,263 | -66.1% |
| Financial charges | 65/66B | €71,094 | €204,290 | +€133,195 | +187.4% |
| Recurring financial charges | 65 | €71,094 | €204,290 | +€133,195 | +187.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,326,972 | -€6,470,856 | -€4.1m | -178.1% |
| Income taxes | 67/77 | -€12,020 | -€11,246 | +€774 | +6.4% |
| Profit (loss) for the period | 9904 | -€2,314,952 | -€6,459,610 | -€4.1m | -179.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,314,952 | -€6,459,610 | -€4.1m | -179.0% |
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 7 October 2026 via checked.be.