ICT ASSYST: 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 ASSYST
Largest movements
- Tangible fixed assets -€26,177
down €26,177 (-16.1%), from €162,806 to €136,629
of which Land and buildings: -€16,138
- Cash +€20,474
up €20,474 (+151%), from €13,534 to €34,008
mainly Depreciation (+€26,176) and Net result for the year (+€21,639)
- Receivables within one year +€12,501
up €12,501 (+15.9%), from €78,529 to €91,030
of which Other amounts receivable: +€22,673
- Profit (loss) carried forward +€21,639
up €21,639 (+39.2%), from €55,212 to €76,851
- Debts after one year -€19,534
down €19,534 (-17.9%), from €109,097 to €89,563
- Current portion of long-term debt +€9,197
up €9,197 (+49.7%), from €18,509 to €27,706
- Trade debts -€8,869
down €8,869 (-51.8%), from €17,134 to €8,265
- Tax, wage and social debts +€4,609
up €4,609 (+88.8%), from €5,189 to €9,798
- Gross operating margin -€23,236
down €23,236 (-32.9%), from €70,687 to €47,451
- Write-downs -€20,102
new in 2024: -€20,102
- Taxes +€6,330
up €6,330 (+1,571%), from €403 to €6,733
- Financial charges -€1,447
down €1,447 (-15.9%), from €9,108 to €7,661
of which Financial charges: -€1,295
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 | €262,097 | €269,036 | +€6,939 | +2.6% |
| Fixed assets | 21/28 | €165,966 | €139,789 | -€26,177 | -15.8% |
| Tangible fixed assets | 22/27 | €162,806 | €136,629 | -€26,177 | -16.1% |
| Land and buildings | 22 | €104,721 | €88,583 | -€16,138 | -15.4% |
| Plant, machinery and equipment | 23 | €57,448 | €47,688 | -€9,760 | -17.0% |
| Furniture and vehicles | 24 | €637 | €358 | -€279 | -43.8% |
| Financial fixed assets | 28 | €3,160 | €3,160 | = | 0.0% |
| Current assets | 29/58 | €96,131 | €129,247 | +€33,116 | +34.4% |
| Amounts receivable within one year | 40/41 | €78,529 | €91,030 | +€12,501 | +15.9% |
| Trade receivables | 40 | €33,118 | €22,946 | -€10,172 | -30.7% |
| Other amounts receivable | 41 | €45,411 | €68,084 | +€22,673 | +49.9% |
| Cash at bank and in hand | 54/58 | €13,534 | €34,008 | +€20,474 | +151% |
| Deferred charges and accrued income | 490/1 | €4,068 | €4,209 | +€141 | +3.5% |
| Total equity and liabilities | 10/49 | €262,097 | €269,036 | +€6,939 | +2.6% |
| Equity | 10/15 | €88,212 | €109,851 | +€21,639 | +24.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,212 | €76,851 | +€21,639 | +39.2% |
| Provisions and deferred taxes | 16 | €20,000 | €20,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €20,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable | 17/49 | €153,885 | €139,185 | -€14,700 | -9.6% |
| Amounts payable after more than one year | 17 | €109,097 | €89,563 | -€19,534 | -17.9% |
| Financial debts | 170/4 | €109,097 | €89,563 | -€19,534 | -17.9% |
| Amounts payable within one year | 42/48 | €42,202 | €47,139 | +€4,937 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €18,509 | €27,706 | +€9,197 | +49.7% |
| Trade debts | 44 | €17,134 | €8,265 | -€8,869 | -51.8% |
| Suppliers | 440/4 | €17,134 | €8,265 | -€8,869 | -51.8% |
| Taxes, remuneration and social security | 45 | €5,189 | €9,798 | +€4,609 | +88.8% |
| Taxes | 450/3 | €5,189 | €9,798 | +€4,609 | +88.8% |
| Other amounts payable | 47/48 | €1,370 | €1,370 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,586 | €2,483 | -€103 | -4.0% |
| Remuneration, social security and pensions | 62 | €354 | €238 | -€116 | -32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,709 | €26,176 | -€533 | -2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€20,102 | -€20,102 | |
| Other operating charges | 640/8 | €4,340 | €4,955 | +€615 | +14.2% |
| Non-recurring operating charges | 66A | €306 | €153 | -€153 | -50.0% |
| Gross operating margin | 9900 | €70,687 | €47,451 | -€23,236 | -32.9% |
| Operating profit (loss) | 9901 | €38,978 | €36,031 | -€2,947 | -7.6% |
| Financial income | 75/76B | €5 | €2 | -€3 | -60.0% |
| Recurring financial income | 75 | €5 | €2 | -€3 | -60.0% |
| Non-recurring financial income | 76B | €5 | €2 | -€3 | -60.0% |
| Financial charges | 65/66B | €9,108 | €7,661 | -€1,447 | -15.9% |
| Recurring financial charges | 65 | €8,705 | €7,410 | -€1,295 | -14.9% |
| Non-recurring financial charges | 66B | €403 | €251 | -€152 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €29,875 | €28,372 | -€1,503 | -5.0% |
| Income taxes | 67/77 | €403 | €6,733 | +€6,330 | +1,571% |
| Profit (loss) for the period | 9904 | €29,472 | €21,639 | -€7,833 | -26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,472 | €21,639 | -€7,833 | -26.6% |
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 17 October 2026 via checked.be.