ICT - 4S: 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.
ICT - 4S
Largest movements
- Receivables within one year -€32,700
down €32,700 (-82.4%), from €39,672 to €6,972
of which Trade receivables: -€34,347
- Cash +€17,158
up €17,158 (+16.4%), from €104,893 to €122,051
mainly Receivables within one year (+€32,700) and Deferred charges and accrued income (+€10,673)
- Deferred charges and accrued income -€10,673
down €10,673 (-51.1%), from €20,878 to €10,205
- Contributions -€18,600
down €18,600 (-5.3%), from €350,000 to €331,400
- Profit (loss) carried forward -€7,080
down €7,080 (-5.0%), from -€141,313 to -€148,394
- Gross operating margin -€41,071
down €41,071, from €36,326 to -€4,745
- Financial income -€5,139
down €5,139 (-63.6%), from €8,079 to €2,940
- Depreciation -€794
down €794 (-77.4%), from €1,025 to €232
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 | €287,853 | €262,375 | -€25,478 | -8.9% |
| Fixed assets | 21/28 | €414 | €183 | -€232 | -55.9% |
| Tangible fixed assets | 22/27 | €414 | €183 | -€232 | -55.9% |
| Furniture and vehicles | 24 | €414 | €183 | -€232 | -55.9% |
| Current assets | 29/58 | €287,438 | €262,192 | -€25,246 | -8.8% |
| Amounts receivable within one year | 40/41 | €39,672 | €6,972 | -€32,700 | -82.4% |
| Trade receivables | 40 | €38,646 | €4,299 | -€34,347 | -88.9% |
| Other amounts receivable | 41 | €1,026 | €2,673 | +€1,647 | +160.5% |
| Current investments | 50/53 | €121,995 | €122,964 | +€969 | +0.8% |
| Cash at bank and in hand | 54/58 | €104,893 | €122,051 | +€17,158 | +16.4% |
| Deferred charges and accrued income | 490/1 | €20,878 | €10,205 | -€10,673 | -51.1% |
| Total equity and liabilities | 10/49 | €287,853 | €262,375 | -€25,478 | -8.9% |
| Equity | 10/15 | €234,562 | €208,882 | -€25,680 | -10.9% |
| Contributions | 10/11 | €350,000 | €331,400 | -€18,600 | -5.3% |
| Reserves | 13 | €25,876 | €25,876 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €24,016 | €24,016 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€141,313 | -€148,394 | -€7,080 | -5.0% |
| Amounts payable | 17/49 | €53,290 | €53,493 | +€202 | +0.4% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,290 | €3,493 | +€202 | +6.2% |
| Trade debts | 44 | €1,644 | €1,196 | -€448 | -27.3% |
| Suppliers | 440/4 | €1,644 | €1,196 | -€448 | -27.3% |
| Taxes, remuneration and social security | 45 | €474 | €360 | -€114 | -24.0% |
| Taxes | 450/3 | €124 | €10 | -€114 | -91.8% |
| Remuneration and social security | 454/9 | €350 | €350 | = | 0.0% |
| Other amounts payable | 47/48 | €1,173 | €1,937 | +€764 | +65.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,025 | €232 | -€794 | -77.4% |
| Other operating charges | 640/8 | €1,328 | €1,358 | +€30 | +2.2% |
| Gross operating margin | 9900 | €36,326 | -€4,745 | -€41,071 | |
| Operating profit (loss) | 9901 | €33,972 | -€6,335 | -€40,307 | |
| Financial income | 75/76B | €8,079 | €2,940 | -€5,139 | -63.6% |
| Recurring financial income | 75 | €8,079 | €2,940 | -€5,139 | -63.6% |
| Financial charges | 65/66B | €3,500 | €3,556 | +€56 | +1.6% |
| Recurring financial charges | 65 | €3,500 | €3,556 | +€56 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €38,550 | -€6,952 | -€45,502 | |
| Income taxes | 67/77 | €154 | €128 | -€26 | -16.9% |
| Profit (loss) for the period | 9904 | €38,396 | -€7,080 | -€45,476 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,396 | -€7,080 | -€45,476 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.