ICT LINK: 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 LINK
Largest movements
- Cash -€84,398
down €84,398 (-56.3%), from €149,820 to €65,421
mainly Contributions, distributions and other (-€115,000) and Investment in fixed assets (net) (-€59,897)
- Receivables within one year +€38,048
up €38,048 (+32.1%), from €118,615 to €156,663
of which Other amounts receivable: +€22,072
- Stocks and contracts +€21,627
up €21,627 (+48.5%), from €44,569 to €66,196
- Tangible fixed assets -€20,620
down €20,620 (-3.4%), from €600,350 to €579,730
of which Land and buildings: -€31,539
- Debts after one year -€25,379
down €25,379 (-8.7%), from €293,211 to €267,832
- Profit (loss) carried forward -€23,387
down €23,387 (-94.0%), from €24,873 to €1,486
- Short-term financial debts +€10,001
new in 2025: €10,001
- Staff costs +€119,765
up €119,765 (+32.9%), from €364,319 to €484,084
- Gross operating margin +€61,585
up €61,585 (+9.7%), from €636,178 to €697,763
- Taxes -€26,874
down €26,874 (-56.8%), from €47,316 to €20,442
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 | €921,964 | €878,626 | -€43,338 | -4.7% |
| Fixed assets | 21/28 | €601,616 | €580,996 | -€20,620 | -3.4% |
| Tangible fixed assets | 22/27 | €600,350 | €579,730 | -€20,620 | -3.4% |
| Land and buildings | 22 | €519,138 | €487,599 | -€31,539 | -6.1% |
| Plant, machinery and equipment | 23 | €27,396 | €30,339 | +€2,943 | +10.7% |
| Furniture and vehicles | 24 | €53,816 | €61,792 | +€7,976 | +14.8% |
| Financial fixed assets | 28 | €1,266 | €1,266 | = | 0.0% |
| Current assets | 29/58 | €320,348 | €297,630 | -€22,718 | -7.1% |
| Stocks and contracts in progress | 3 | €44,569 | €66,196 | +€21,627 | +48.5% |
| Stocks | 30/36 | €44,569 | €66,196 | +€21,627 | +48.5% |
| Amounts receivable within one year | 40/41 | €118,615 | €156,663 | +€38,048 | +32.1% |
| Trade receivables | 40 | €115,695 | €131,671 | +€15,976 | +13.8% |
| Other amounts receivable | 41 | €2,920 | €24,992 | +€22,072 | +755.8% |
| Cash at bank and in hand | 54/58 | €149,820 | €65,421 | -€84,398 | -56.3% |
| Deferred charges and accrued income | 490/1 | €7,344 | €9,349 | +€2,005 | +27.3% |
| Total equity and liabilities | 10/49 | €921,964 | €878,626 | -€43,338 | -4.7% |
| Equity | 10/15 | €34,873 | €11,486 | -€23,387 | -67.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,873 | €1,486 | -€23,387 | -94.0% |
| Amounts payable | 17/49 | €887,091 | €867,140 | -€19,951 | -2.2% |
| Amounts payable after more than one year | 17 | €293,211 | €267,832 | -€25,379 | -8.7% |
| Financial debts | 170/4 | €293,211 | €267,832 | -€25,379 | -8.7% |
| Amounts payable within one year | 42/48 | €593,880 | €599,308 | +€5,428 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €24,927 | €25,379 | +€452 | +1.8% |
| Financial debts | 43 | - | €10,001 | +€10,001 | |
| Credit institutions | 430/8 | - | €10,001 | +€10,001 | |
| Trade debts | 44 | €85,605 | €91,558 | +€5,954 | +7.0% |
| Suppliers | 440/4 | €85,605 | €91,558 | +€5,954 | +7.0% |
| Taxes, remuneration and social security | 45 | €108,654 | €103,252 | -€5,402 | -5.0% |
| Taxes | 450/3 | €81,735 | €54,169 | -€27,566 | -33.7% |
| Remuneration and social security | 454/9 | €26,919 | €49,083 | +€22,163 | +82.3% |
| Other amounts payable | 47/48 | €374,694 | €369,118 | -€5,576 | -1.5% |
| Remuneration, social security and pensions | 62 | €364,319 | €484,084 | +€119,765 | +32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,477 | €80,517 | +€5,041 | +6.7% |
| Other operating charges | 640/8 | €10,233 | €5,796 | -€4,437 | -43.4% |
| Gross operating margin | 9900 | €636,178 | €697,763 | +€61,585 | +9.7% |
| Operating profit (loss) | 9901 | €186,150 | €127,366 | -€58,784 | -31.6% |
| Financial income | 75/76B | €1,251 | €2,196 | +€945 | +75.6% |
| Recurring financial income | 75 | €1,251 | €1,588 | +€337 | +27.0% |
| Non-recurring financial income | 76B | - | €608 | +€608 | |
| Financial charges | 65/66B | €13,110 | €17,507 | +€4,398 | +33.5% |
| Recurring financial charges | 65 | €12,473 | €15,560 | +€3,087 | +24.7% |
| Non-recurring financial charges | 66B | €636 | €1,947 | +€1,311 | +206.0% |
| Profit (loss) for the period before taxes | 9903 | €174,291 | €112,055 | -€62,236 | -35.7% |
| Income taxes | 67/77 | €47,316 | €20,442 | -€26,874 | -56.8% |
| Profit (loss) for the period | 9904 | €126,976 | €91,613 | -€35,363 | -27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €126,976 | €91,613 | -€35,363 | -27.9% |
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 10 October 2026 via checked.be.