Ict.Art: 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.
Ict.Art
Largest movements
- Cash +€111,476
up €111,476 (+468%), from €23,830 to €135,306
mainly Current investments (+€97,800) and Net result for the year (+€30,808)
- Current investments -€97,800
down €97,800 (-72.0%), from €135,796 to €37,996
- Tangible fixed assets -€16,176
down €16,176 (-26.1%), from €61,999 to €45,823
of which Furniture and vehicles: -€15,789
- Other debts -€5,672
down €5,672 (-61.1%), from €9,282 to €3,611
- Reserves +€4,936
up €4,936 (+2.4%), from €202,497 to €207,432
- Depreciation +€8,954
up €8,954 (+47.6%), from €18,800 to €27,754
- Gross operating margin +€7,024
up €7,024 (+10.8%), from €64,859 to €71,883
- Financial income +€3,377
up €3,377 (+467%), from €724 to €4,100
- Financial charges -€1,414
down €1,414 (-63.6%), from €2,222 to €809
- Other operating charges +€808
up €808 (+55.8%), from €1,449 to €2,257
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €243,350 | €241,487 | -€1,863 | -0.8% |
| Fixed assets | 21/28 | €61,999 | €45,863 | -€16,136 | -26.0% |
| Tangible fixed assets | 22/27 | €61,999 | €45,823 | -€16,176 | -26.1% |
| Plant, machinery and equipment | 23 | €637 | €249 | -€388 | -60.9% |
| Furniture and vehicles | 24 | €61,363 | €45,574 | -€15,789 | -25.7% |
| Financial fixed assets | 28 | - | €40 | +€40 | |
| Current assets | 29/58 | €181,351 | €195,624 | +€14,273 | +7.9% |
| Amounts receivable within one year | 40/41 | €16,418 | €17,037 | +€619 | +3.8% |
| Trade receivables | 40 | €15,004 | €17,037 | +€2,033 | +13.5% |
| Other amounts receivable | 41 | €1,414 | €0 | -€1,414 | -100% |
| Current investments | 50/53 | €135,796 | €37,996 | -€97,800 | -72.0% |
| Cash at bank and in hand | 54/58 | €23,830 | €135,306 | +€111,476 | +468% |
| Deferred charges and accrued income | 490/1 | €5,307 | €5,285 | -€22 | -0.4% |
| Total equity and liabilities | 10/49 | €243,350 | €241,487 | -€1,863 | -0.8% |
| Equity | 10/15 | €221,097 | €226,032 | +€4,936 | +2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €202,497 | €207,432 | +€4,936 | +2.4% |
| Distributable reserves | 133 | €202,497 | €207,432 | +€4,936 | +2.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €22,254 | €15,455 | -€6,799 | -30.6% |
| Amounts payable within one year | 42/48 | €22,254 | €15,455 | -€6,799 | -30.6% |
| Trade debts | 44 | €2,096 | €568 | -€1,528 | -72.9% |
| Suppliers | 440/4 | €2,096 | €568 | -€1,528 | -72.9% |
| Taxes, remuneration and social security | 45 | €10,875 | €11,276 | +€401 | +3.7% |
| Taxes | 450/3 | €10,875 | €11,276 | +€401 | +3.7% |
| Other amounts payable | 47/48 | €9,282 | €3,611 | -€5,672 | -61.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,800 | €27,754 | +€8,954 | +47.6% |
| Other operating charges | 640/8 | €1,449 | €2,257 | +€808 | +55.8% |
| Gross operating margin | 9900 | €64,859 | €71,883 | +€7,024 | +10.8% |
| Operating profit (loss) | 9901 | €44,610 | €41,872 | -€2,738 | -6.1% |
| Financial income | 75/76B | €724 | €4,100 | +€3,377 | +467% |
| Recurring financial income | 75 | €724 | €4,100 | +€3,377 | +467% |
| Financial charges | 65/66B | €2,222 | €809 | -€1,414 | -63.6% |
| Recurring financial charges | 65 | €2,222 | €809 | -€1,414 | -63.6% |
| Profit (loss) for the period before taxes | 9903 | €43,111 | €45,164 | +€2,053 | +4.8% |
| Income taxes | 67/77 | €13,979 | €14,356 | +€376 | +2.7% |
| Profit (loss) for the period | 9904 | €29,132 | €30,808 | +€1,676 | +5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,132 | €30,808 | +€1,676 | +5.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.