IComm: 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.
IComm
Largest movements
- Tangible fixed assets +€342,993
up €342,993 (+1204.4%), from €28,479 to €371,472
of which Land and buildings: +€348,928
- Cash -€304,855
down €304,855 (-69.2%), from €440,514 to €135,658
mainly Investment in fixed assets (net) (-€374,349) and Receivables within one year (-€14,422)
- Receivables within one year +€14,422
up €14,422 (+27.5%), from €52,506 to €66,929
of which Other amounts receivable: +€7,829
- Other debts +€51,226
up €51,226 (+78.1%), from €65,613 to €116,839
- Advances received +€32,419
new in 2025: €32,419
- Trade debts -€11,032
down €11,032 (-25.8%), from €42,784 to €31,752
- Tax, wage and social debts -€10,211
down €10,211 (-61.5%), from €16,594 to €6,383
- Profit (loss) carried forward -€9,915
down €9,915 (-7.1%), from €139,399 to €129,484
- Depreciation +€25,952
up €25,952 (+480.3%), from €5,404 to €31,355
- Taxes -€6,467
down €6,467 (-87.8%), from €7,369 to €902
- Gross operating margin -€4,890
down €4,890 (-13.9%), from €35,084 to €30,194
- Financial charges +€3,431
up €3,431 (+1280.8%), from €268 to €3,699
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 | €523,442 | €575,929 | +€52,487 | +10.0% |
| Fixed assets | 21/28 | €28,479 | €371,472 | +€342,993 | +1204.4% |
| Tangible fixed assets | 22/27 | €28,479 | €371,472 | +€342,993 | +1204.4% |
| Land and buildings | 22 | - | €348,928 | +€348,928 | |
| Furniture and vehicles | 24 | €20,949 | €16,230 | -€4,719 | -22.5% |
| Other tangible fixed assets | 26 | €7,530 | €6,314 | -€1,216 | -16.1% |
| Current assets | 29/58 | €494,963 | €204,456 | -€290,506 | -58.7% |
| Amounts receivable within one year | 40/41 | €52,506 | €66,929 | +€14,422 | +27.5% |
| Trade receivables | 40 | €48,147 | €54,740 | +€6,593 | +13.7% |
| Other amounts receivable | 41 | €4,360 | €12,188 | +€7,829 | +179.6% |
| Cash at bank and in hand | 54/58 | €440,514 | €135,658 | -€304,855 | -69.2% |
| Deferred charges and accrued income | 490/1 | €1,943 | €1,869 | -€73 | -3.8% |
| Total equity and liabilities | 10/49 | €523,442 | €575,929 | +€52,487 | +10.0% |
| Equity | 10/15 | €398,451 | €388,536 | -€9,915 | -2.5% |
| Contributions | 10/11 | €232,000 | €232,000 | = | 0.0% |
| Capital | 10 | €232,000 | €232,000 | = | 0.0% |
| Issued capital | 100 | €232,000 | €232,000 | = | 0.0% |
| Reserves | 13 | €27,053 | €27,053 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,200 | €23,200 | = | 0.0% |
| Legal reserve | 130 | €23,200 | €23,200 | = | 0.0% |
| Distributable reserves | 133 | €3,853 | €3,853 | = | 0.0% |
| Profit (loss) carried forward | 14 | €139,399 | €129,484 | -€9,915 | -7.1% |
| Amounts payable | 17/49 | €124,991 | €187,392 | +€62,402 | +49.9% |
| Amounts payable within one year | 42/48 | €124,991 | €187,392 | +€62,402 | +49.9% |
| Trade debts | 44 | €42,784 | €31,752 | -€11,032 | -25.8% |
| Suppliers | 440/4 | €42,784 | €31,752 | -€11,032 | -25.8% |
| Advances received on contracts in progress | 46 | - | €32,419 | +€32,419 | |
| Taxes, remuneration and social security | 45 | €16,594 | €6,383 | -€10,211 | -61.5% |
| Taxes | 450/3 | €16,594 | €6,383 | -€10,211 | -61.5% |
| Other amounts payable | 47/48 | €65,613 | €116,839 | +€51,226 | +78.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,404 | €31,355 | +€25,952 | +480.3% |
| Other operating charges | 640/8 | €4,636 | €4,788 | +€152 | +3.3% |
| Gross operating margin | 9900 | €35,084 | €30,194 | -€4,890 | -13.9% |
| Operating profit (loss) | 9901 | €25,045 | -€5,949 | -€30,994 | |
| Financial income | 75/76B | €452 | €635 | +€183 | +40.4% |
| Recurring financial income | 75 | €452 | €635 | +€183 | +40.4% |
| Financial charges | 65/66B | €268 | €3,699 | +€3,431 | +1280.8% |
| Recurring financial charges | 65 | €268 | €3,699 | +€3,431 | +1280.8% |
| Profit (loss) for the period before taxes | 9903 | €25,229 | -€9,013 | -€34,242 | |
| Income taxes | 67/77 | €7,369 | €902 | -€6,467 | -87.8% |
| Profit (loss) for the period | 9904 | €17,860 | -€9,915 | -€27,775 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,860 | -€9,915 | -€27,775 |
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.