ICT-DECLOEDT: 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-DECLOEDT
Largest movements
- Receivables within one year -€49,761
down €49,761 (-93.6%), from €53,159 to €3,399
of which Other amounts receivable: -€45,127
- Tangible fixed assets -€33,221
down €33,221 (-9.0%), from €369,681 to €336,460
of which Furniture and vehicles: -€23,856
- Cash -€7,162
down €7,162 (-87.6%), from €8,178 to €1,016
mainly Net result for the year (-€72,996) and Debts after one year (-€15,273)
- Reserves -€87,581
down €87,581 (-53.9%), from €162,478 to €74,897
of which Distributable reserves: -€87,221
- Other debts +€20,406
new in 2025: €20,406
- Debts after one year -€15,273
down €15,273 (-6.2%), from €245,158 to €229,885
- Tax, wage and social debts -€9,284
down €9,284 (-97.5%), from €9,519 to €235
- Gross operating margin -€30,353
down €30,353, from €23,843 to -€6,510
- Financial charges +€4,484
up €4,484 (+129.4%), from €3,465 to €7,948
- Staff costs +€3,855
new in 2025: €3,855
- Taxes -€2,757
down €2,757 (-96.1%), from €2,869 to €112
- Financial income -€2,300
no longer reported in 2025 (was €2,300)
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 | €432,769 | €342,696 | -€90,074 | -20.8% |
| Fixed assets | 21/28 | €369,681 | €336,460 | -€33,221 | -9.0% |
| Tangible fixed assets | 22/27 | €369,681 | €336,460 | -€33,221 | -9.0% |
| Land and buildings | 22 | €291,672 | €283,745 | -€7,927 | -2.7% |
| Plant, machinery and equipment | 23 | €2,491 | €2,269 | -€222 | -8.9% |
| Furniture and vehicles | 24 | €62,880 | €39,024 | -€23,856 | -37.9% |
| Leasing and similar rights | 25 | €12,637 | €11,422 | -€1,216 | -9.6% |
| Current assets | 29/58 | €63,088 | €6,235 | -€56,853 | -90.1% |
| Amounts receivable within one year | 40/41 | €53,159 | €3,399 | -€49,761 | -93.6% |
| Trade receivables | 40 | €4,634 | €0 | -€4,634 | -100.0% |
| Other amounts receivable | 41 | €48,525 | €3,399 | -€45,127 | -93.0% |
| Cash at bank and in hand | 54/58 | €8,178 | €1,016 | -€7,162 | -87.6% |
| Deferred charges and accrued income | 490/1 | €1,752 | €1,821 | +€69 | +3.9% |
| Total equity and liabilities | 10/49 | €432,769 | €342,696 | -€90,074 | -20.8% |
| Equity | 10/15 | €159,940 | €72,359 | -€87,581 | -54.8% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €162,478 | €74,897 | -€87,581 | -53.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,678 | €4,318 | -€360 | -7.7% |
| Distributable reserves | 133 | €155,940 | €68,719 | -€87,221 | -55.9% |
| Profit (loss) carried forward | 14 | -€15,137 | -€15,137 | = | 0.0% |
| Provisions and deferred taxes | 16 | €2,410 | €2,225 | -€185 | -7.7% |
| Deferred taxes | 168 | €2,410 | €2,225 | -€185 | -7.7% |
| Amounts payable | 17/49 | €270,419 | €268,111 | -€2,308 | -0.9% |
| Amounts payable after more than one year | 17 | €245,158 | €229,885 | -€15,273 | -6.2% |
| Financial debts | 170/4 | €245,158 | €229,885 | -€15,273 | -6.2% |
| Amounts payable within one year | 42/48 | €25,261 | €38,226 | +€12,965 | +51.3% |
| Current portion of amounts payable after more than one year | 42 | €13,937 | €15,273 | +€1,335 | +9.6% |
| Trade debts | 44 | €1,804 | €2,313 | +€509 | +28.2% |
| Suppliers | 440/4 | €1,804 | €2,313 | +€509 | +28.2% |
| Taxes, remuneration and social security | 45 | €9,519 | €235 | -€9,284 | -97.5% |
| Taxes | 450/3 | €9,519 | €235 | -€9,284 | -97.5% |
| Other amounts payable | 47/48 | - | €20,406 | +€20,406 | |
| Remuneration, social security and pensions | 62 | - | €3,855 | +€3,855 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,962 | €34,255 | +€293 | +0.9% |
| Other operating charges | 640/8 | €2,074 | €487 | -€1,588 | -76.5% |
| Non-recurring operating charges | 66A | - | €20,014 | +€20,014 | |
| Gross operating margin | 9900 | €23,843 | -€6,510 | -€30,353 | |
| Operating profit (loss) | 9901 | -€12,194 | -€65,121 | -€52,927 | -434.0% |
| Financial income | 75/76B | €2,300 | - | -€2,300 | |
| Recurring financial income | 75 | €2,300 | - | -€2,300 | |
| Financial charges | 65/66B | €3,465 | €7,948 | +€4,484 | +129.4% |
| Recurring financial charges | 65 | €3,465 | €7,948 | +€4,484 | +129.4% |
| Profit (loss) for the period before taxes | 9903 | -€13,359 | -€73,069 | -€59,710 | -447.0% |
| Transfer from deferred taxes | 780 | €371 | €185 | -€185 | -50.0% |
| Income taxes | 67/77 | €2,869 | €112 | -€2,757 | -96.1% |
| Profit (loss) for the period | 9904 | -€15,857 | -€72,996 | -€57,139 | -360.3% |
| Transfer from tax-exempt reserves | 789 | €720 | €360 | -€360 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,137 | -€72,636 | -€57,498 | -379.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.