ICT TRADE: 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 TRADE
Largest movements
- Cash +€18,613
up €18,613 (+9.4%), from €198,833 to €217,446
mainly Depreciation (+€15,624) and Net result for the year (+€11,607)
- Tangible fixed assets -€9,657
down €9,657 (-5.2%), from €184,211 to €174,555
of which Land and buildings: -€10,890
- Reserves +€11,607
up €11,607 (+3.3%), from €348,108 to €359,715
- Other debts +€6,830
up €6,830 (+17.7%), from €38,522 to €45,352
- Gross operating margin -€10,556
down €10,556 (-21.7%), from €48,576 to €38,020
- Taxes -€2,646
down €2,646 (-29.8%), from €8,883 to €6,237
- Depreciation -€2,511
down €2,511 (-13.8%), from €18,135 to €15,624
- Staff costs +€630
new in 2025: €630
- Financial income -€546
down €546 (-99.9%), from €546 to €0
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 | €414,383 | €427,604 | +€13,221 | +3.2% |
| Fixed assets | 21/28 | €191,261 | €181,605 | -€9,657 | -5.0% |
| Tangible fixed assets | 22/27 | €184,211 | €174,555 | -€9,657 | -5.2% |
| Land and buildings | 22 | €168,345 | €157,455 | -€10,890 | -6.5% |
| Plant, machinery and equipment | 23 | €168 | €865 | +€697 | +414% |
| Furniture and vehicles | 24 | €15,698 | €16,234 | +€536 | +3.4% |
| Financial fixed assets | 28 | €7,050 | €7,050 | = | 0.0% |
| Current assets | 29/58 | €223,122 | €245,999 | +€22,878 | +10.3% |
| Amounts receivable within one year | 40/41 | €23,315 | €27,103 | +€3,788 | +16.2% |
| Trade receivables | 40 | €14,034 | €17,784 | +€3,750 | +26.7% |
| Other amounts receivable | 41 | €9,280 | €9,318 | +€38 | +0.4% |
| Cash at bank and in hand | 54/58 | €198,833 | €217,446 | +€18,613 | +9.4% |
| Deferred charges and accrued income | 490/1 | €973 | €1,450 | +€477 | +49.0% |
| Total equity and liabilities | 10/49 | €414,383 | €427,604 | +€13,221 | +3.2% |
| Equity | 10/15 | €359,390 | €370,997 | +€11,607 | +3.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €348,108 | €359,715 | +€11,607 | +3.3% |
| Distributable reserves | 133 | €348,108 | €359,715 | +€11,607 | +3.3% |
| Profit (loss) carried forward | 14 | €5,082 | €5,082 | = | 0.0% |
| Amounts payable | 17/49 | €54,993 | €56,607 | +€1,614 | +2.9% |
| Amounts payable within one year | 42/48 | €51,493 | €56,607 | +€5,114 | +9.9% |
| Trade debts | 44 | - | €130 | +€130 | |
| Suppliers | 440/4 | - | €130 | +€130 | |
| Taxes, remuneration and social security | 45 | €12,971 | €11,125 | -€1,846 | -14.2% |
| Taxes | 450/3 | €12,971 | €10,495 | -€2,476 | -19.1% |
| Remuneration and social security | 454/9 | - | €630 | +€630 | |
| Other amounts payable | 47/48 | €38,522 | €45,352 | +€6,830 | +17.7% |
| Accrued charges and deferred income | 492/3 | €3,500 | - | -€3,500 | |
| Remuneration, social security and pensions | 62 | - | €630 | +€630 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,135 | €15,624 | -€2,511 | -13.8% |
| Other operating charges | 640/8 | €3,998 | €3,726 | -€272 | -6.8% |
| Gross operating margin | 9900 | €48,576 | €38,020 | -€10,556 | -21.7% |
| Operating profit (loss) | 9901 | €26,443 | €18,040 | -€8,403 | -31.8% |
| Financial income | 75/76B | €546 | €0 | -€546 | -99.9% |
| Recurring financial income | 75 | €546 | €0 | -€546 | -99.9% |
| Financial charges | 65/66B | €216 | €196 | -€20 | -9.3% |
| Recurring financial charges | 65 | €216 | €196 | -€20 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €26,773 | €17,844 | -€8,929 | -33.4% |
| Income taxes | 67/77 | €8,883 | €6,237 | -€2,646 | -29.8% |
| Profit (loss) for the period | 9904 | €17,890 | €11,607 | -€6,283 | -35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,890 | €11,607 | -€6,283 | -35.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.