ICT MANAGEMENT: 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 MANAGEMENT
Largest movements
- Tangible fixed assets -€48,526
down €48,526 (-25.3%), from €192,029 to €143,502
of which Furniture and vehicles: -€44,648
- Receivables within one year +€26,988
up €26,988 (+108%), from €25,071 to €52,059
of which Trade receivables: +€37,386
- Stocks and contracts -€10,000
down €10,000 (-4.1%), from €246,500 to €236,500
- Cash +€7,639
up €7,639 (+617%), from €1,237 to €8,876
mainly Depreciation (+€49,167) and Tax, wage and social debts (+€18,639)
- Debts after one year -€20,429
down €20,429 (-50.3%), from €40,619 to €20,190
- Tax, wage and social debts +€18,639
up €18,639 (+84.6%), from €22,022 to €40,661
- Current portion of long-term debt -€16,071
down €16,071 (-44.0%), from €36,500 to €20,429
- Short-term financial debts -€10,720
down €10,720 (-64.4%), from €16,652 to €5,932
- Profit (loss) carried forward +€10,351
up €10,351 (+5.6%), from €183,690 to €194,040
- Gross operating margin +€16,392
up €16,392 (+18.6%), from €88,245 to €104,637
- Financial charges -€11,472
down €11,472 (-54.8%), from €20,952 to €9,480
- Taxes +€11,109
up €11,109 (+165%), from €6,740 to €17,849
- Other operating charges +€9,643
up €9,643 (+344%), from €2,803 to €12,446
- Depreciation +€7,215
up €7,215 (+17.2%), from €41,952 to €49,167
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.
Derived cash bridge
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 | €465,697 | €440,937 | -€24,761 | -5.3% |
| Fixed assets | 21/28 | €192,029 | €143,502 | -€48,526 | -25.3% |
| Tangible fixed assets | 22/27 | €192,029 | €143,502 | -€48,526 | -25.3% |
| Land and buildings | 22 | €11,883 | €8,689 | -€3,194 | -26.9% |
| Plant, machinery and equipment | 23 | €3,186 | €2,501 | -€684 | -21.5% |
| Furniture and vehicles | 24 | €176,960 | €132,312 | -€44,648 | -25.2% |
| Current assets | 29/58 | €273,669 | €297,435 | +€23,766 | +8.7% |
| Stocks and contracts in progress | 3 | €246,500 | €236,500 | -€10,000 | -4.1% |
| Stocks | 30/36 | €246,500 | €236,500 | -€10,000 | -4.1% |
| Amounts receivable within one year | 40/41 | €25,071 | €52,059 | +€26,988 | +108% |
| Trade receivables | 40 | €13,888 | €51,274 | +€37,386 | +269% |
| Other amounts receivable | 41 | €11,183 | €785 | -€10,398 | -93.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,237 | €8,876 | +€7,639 | +617% |
| Deferred charges and accrued income | 490/1 | €861 | €0 | -€861 | -100% |
| Total equity and liabilities | 10/49 | €465,697 | €440,937 | -€24,761 | -5.3% |
| Equity | 10/15 | €204,150 | €214,500 | +€10,351 | +5.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €183,690 | €194,040 | +€10,351 | +5.6% |
| Amounts payable | 17/49 | €261,548 | €226,436 | -€35,111 | -13.4% |
| Amounts payable after more than one year | 17 | €40,619 | €20,190 | -€20,429 | -50.3% |
| Financial debts | 170/4 | €40,619 | €20,190 | -€20,429 | -50.3% |
| Amounts payable within one year | 42/48 | €220,928 | €206,246 | -€14,682 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €36,500 | €20,429 | -€16,071 | -44.0% |
| Financial debts | 43 | €16,652 | €5,932 | -€10,720 | -64.4% |
| Credit institutions | 430/8 | €16,652 | €5,932 | -€10,720 | -64.4% |
| Trade debts | 44 | €18,777 | €18,306 | -€471 | -2.5% |
| Suppliers | 440/4 | €18,777 | €18,306 | -€471 | -2.5% |
| Advances received on contracts in progress | 46 | €105,268 | €105,268 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €22,022 | €40,661 | +€18,639 | +84.6% |
| Taxes | 450/3 | €22,022 | €40,661 | +€18,639 | +84.6% |
| Other amounts payable | 47/48 | €21,710 | €15,651 | -€6,059 | -27.9% |
| Remuneration, social security and pensions | 62 | €0 | €2,550 | +€2,550 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,952 | €49,167 | +€7,215 | +17.2% |
| Other operating charges | 640/8 | €2,803 | €12,446 | +€9,643 | +344% |
| Non-recurring operating charges | 66A | - | €1,408 | +€1,408 | |
| Gross operating margin | 9900 | €88,245 | €104,637 | +€16,392 | +18.6% |
| Operating profit (loss) | 9901 | €43,490 | €39,065 | -€4,425 | -10.2% |
| Financial income | 75/76B | €1 | €582 | +€581 | +58,142% |
| Recurring financial income | 75 | €1 | €582 | +€581 | +58,142% |
| Financial charges | 65/66B | €20,952 | €9,480 | -€11,472 | -54.8% |
| Recurring financial charges | 65 | €20,952 | €9,480 | -€11,472 | -54.8% |
| Profit (loss) for the period before taxes | 9903 | €22,539 | €30,168 | +€7,629 | +33.8% |
| Income taxes | 67/77 | €6,740 | €17,849 | +€11,109 | +165% |
| Profit (loss) for the period | 9904 | €15,799 | €12,319 | -€3,480 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,799 | €12,319 | -€3,480 | -22.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.