ICS COMPANY: 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.
ICS COMPANY
Largest movements
- Cash -€27,112
down €27,112 (-70.0%), from €38,722 to €11,610
mainly Investment in fixed assets (net) (-€27,625) and Receivables within one year (-€21,697)
- Receivables within one year +€21,697
up €21,697 (+24.6%), from €88,086 to €109,783
of which Other amounts receivable: +€31,960
- Tangible fixed assets +€19,012
up €19,012 (+87.7%), from €21,670 to €40,682
of which Furniture and vehicles: +€19,231
- Receivables after one year -€10,400
down €10,400 (-12.9%), from €80,891 to €70,491
- Provisions -€10,000
down €10,000 (-66.7%), from €15,000 to €5,000
- Tax, wage and social debts +€7,559
up €7,559 (+27.7%), from €27,323 to €34,881
of which Taxes: +€4,609
- Accrued charges and deferred income +€4,539
up €4,539 (+12.2%), from €37,155 to €41,694
- Reserves +€2,842
up €2,842 (+5.4%), from €52,866 to €55,707
of which Distributable reserves: +€2,842
- Turnover -€279,705
no longer reported in 2024 (was €279,705)
- Purchases and services -€187,805
no longer reported in 2024 (was €187,805)
- Staff costs +€39,563
up €39,563 (+434%), from €9,109 to €48,672
- Write-downs -€33,899
no longer reported in 2024 (was €33,899)
- Gross operating margin -€19,615
down €19,615 (-21.3%), from €91,905 to €72,290
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €229,574 | €232,771 | +€3,197 | +1.4% |
| Fixed assets | 21/28 | €21,875 | €40,887 | +€19,012 | +86.9% |
| Tangible fixed assets | 22/27 | €21,670 | €40,682 | +€19,012 | +87.7% |
| Plant, machinery and equipment | 23 | €705 | €485 | -€220 | -31.2% |
| Furniture and vehicles | 24 | €20,965 | €40,197 | +€19,231 | +91.7% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €207,699 | €191,884 | -€15,815 | -7.6% |
| Amounts receivable after more than one year | 29 | €80,891 | €70,491 | -€10,400 | -12.9% |
| Trade receivables | 290 | €80,891 | €70,491 | -€10,400 | -12.9% |
| Amounts receivable within one year | 40/41 | €88,086 | €109,783 | +€21,697 | +24.6% |
| Trade receivables | 40 | €63,299 | €53,037 | -€10,263 | -16.2% |
| Other amounts receivable | 41 | €24,787 | €56,746 | +€31,960 | +129% |
| Cash at bank and in hand | 54/58 | €38,722 | €11,610 | -€27,112 | -70.0% |
| Total equity and liabilities | 10/49 | €229,574 | €232,771 | +€3,197 | +1.4% |
| Equity | 10/15 | €148,177 | €151,018 | +€2,842 | +1.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €52,866 | €55,707 | +€2,842 | +5.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €51,006 | €53,847 | +€2,842 | +5.6% |
| Profit (loss) carried forward | 14 | €89,111 | €89,111 | = | 0.0% |
| Provisions and deferred taxes | 16 | €15,000 | €5,000 | -€10,000 | -66.7% |
| Provisions for liabilities and charges | 160/5 | €15,000 | €5,000 | -€10,000 | -66.7% |
| Major repairs and maintenance | 162 | €10,000 | - | -€10,000 | |
| Other liabilities and charges | 164/5 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €66,397 | €76,753 | +€10,356 | +15.6% |
| Amounts payable within one year | 42/48 | €29,242 | €35,059 | +€5,817 | +19.9% |
| Trade debts | 44 | €1,919 | €177 | -€1,742 | -90.8% |
| Suppliers | 440/4 | €1,919 | €177 | -€1,742 | -90.8% |
| Taxes, remuneration and social security | 45 | €27,323 | €34,881 | +€7,559 | +27.7% |
| Taxes | 450/3 | €27,318 | €31,926 | +€4,609 | +16.9% |
| Remuneration and social security | 454/9 | €5 | €2,955 | +€2,950 | +60,453% |
| Accrued charges and deferred income | 492/3 | €37,155 | €41,694 | +€4,539 | +12.2% |
| Turnover | 70 | €279,705 | - | -€279,705 | |
| Non-recurring operating income | 76A | - | €10,000 | +€10,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €187,805 | - | -€187,805 | |
| Remuneration, social security and pensions | 62 | €9,109 | €48,672 | +€39,563 | +434% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,963 | €8,613 | +€6,650 | +339% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €33,899 | - | -€33,899 | |
| Other operating charges | 640/8 | €4,381 | €2,239 | -€2,142 | -48.9% |
| Gross operating margin | 9900 | €91,905 | €72,290 | -€19,615 | -21.3% |
| Operating profit (loss) | 9901 | €42,553 | €12,766 | -€29,787 | -70.0% |
| Financial income | 75/76B | €286 | €753 | +€467 | +163% |
| Recurring financial income | 75 | €286 | €753 | +€467 | +163% |
| Financial charges | 65/66B | €613 | €8,085 | +€7,472 | +1,220% |
| Recurring financial charges | 65 | €613 | €8,085 | +€7,472 | +1,220% |
| Profit (loss) for the period before taxes | 9903 | €42,226 | €5,434 | -€36,792 | -87.1% |
| Income taxes | 67/77 | €14,712 | €2,593 | -€12,119 | -82.4% |
| Profit (loss) for the period | 9904 | €27,515 | €2,842 | -€24,673 | -89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,515 | €2,842 | -€24,673 | -89.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.