ICTEAM: 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.
ICTEAM
Largest movements
- Cash +€36,598
up €36,598 (+45.4%), from €80,692 to €117,289
mainly Net result for the year (+€35,755) and Trade debts (+€15,878)
- Tangible fixed assets -€14,669
down €14,669 (-8.6%), from €170,757 to €156,088
of which Land and buildings: -€12,789
- Receivables after one year -€14,000
down €14,000 (-40.0%), from €35,000 to €21,000
- Trade debts +€15,878
up €15,878 (+744.1%), from €2,134 to €18,012
- Tax, wage and social debts -€8,426
down €8,426 (-64.9%), from €12,992 to €4,565
- Gross operating margin -€21,706
down €21,706 (-24.6%), from €88,401 to €66,695
- Taxes -€6,001
down €6,001 (-28.7%), from €20,900 to €14,899
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 | €307,582 | €316,335 | +€8,752 | +2.8% |
| Fixed assets | 21/28 | €170,757 | €156,088 | -€14,669 | -8.6% |
| Tangible fixed assets | 22/27 | €170,757 | €156,088 | -€14,669 | -8.6% |
| Land and buildings | 22 | €165,753 | €152,964 | -€12,789 | -7.7% |
| Plant, machinery and equipment | 23 | €2,626 | €1,596 | -€1,030 | -39.2% |
| Furniture and vehicles | 24 | €2,379 | €1,528 | -€850 | -35.7% |
| Current assets | 29/58 | €136,825 | €160,247 | +€23,422 | +17.1% |
| Amounts receivable after more than one year | 29 | €35,000 | €21,000 | -€14,000 | -40.0% |
| Other amounts receivable | 291 | €35,000 | €21,000 | -€14,000 | -40.0% |
| Amounts receivable within one year | 40/41 | €21,133 | €21,958 | +€824 | +3.9% |
| Trade receivables | 40 | €19,489 | €20,737 | +€1,248 | +6.4% |
| Other amounts receivable | 41 | €1,644 | €1,221 | -€423 | -25.8% |
| Cash at bank and in hand | 54/58 | €80,692 | €117,289 | +€36,598 | +45.4% |
| Total equity and liabilities | 10/49 | €307,582 | €316,335 | +€8,752 | +2.8% |
| Equity | 10/15 | €292,052 | €293,735 | +€1,684 | +0.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €279,652 | €281,335 | +€1,684 | +0.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €277,792 | €279,475 | +€1,684 | +0.6% |
| Amounts payable | 17/49 | €15,531 | €22,600 | +€7,069 | +45.5% |
| Amounts payable within one year | 42/48 | €15,531 | €22,600 | +€7,069 | +45.5% |
| Trade debts | 44 | €2,134 | €18,012 | +€15,878 | +744.1% |
| Suppliers | 440/4 | €2,134 | €18,012 | +€15,878 | +744.1% |
| Taxes, remuneration and social security | 45 | €12,992 | €4,565 | -€8,426 | -64.9% |
| Taxes | 450/3 | €12,992 | €4,565 | -€8,426 | -64.9% |
| Other amounts payable | 47/48 | €405 | €23 | -€383 | -94.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,942 | €14,669 | -€272 | -1.8% |
| Other operating charges | 640/8 | €1,896 | €1,879 | -€17 | -0.9% |
| Gross operating margin | 9900 | €88,401 | €66,695 | -€21,706 | -24.6% |
| Operating profit (loss) | 9901 | €71,563 | €50,147 | -€21,416 | -29.9% |
| Financial income | 75/76B | €1,650 | €1,120 | -€530 | -32.1% |
| Recurring financial income | 75 | €1,650 | €1,120 | -€530 | -32.1% |
| Financial charges | 65/66B | €401 | €613 | +€212 | +52.8% |
| Recurring financial charges | 65 | €401 | €613 | +€212 | +52.8% |
| Profit (loss) for the period before taxes | 9903 | €72,812 | €50,654 | -€22,158 | -30.4% |
| Income taxes | 67/77 | €20,900 | €14,899 | -€6,001 | -28.7% |
| Profit (loss) for the period | 9904 | €51,912 | €35,755 | -€16,157 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €51,912 | €35,755 | -€16,157 | -31.1% |
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 12 October 2026 via checked.be.