ICTEK: 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.
ICTEK
Largest movements
- Current investments +€158,000
new in 2025: €158,000
- Cash -€104,895
down €104,895 (-21.7%), from €482,819 to €377,924
mainly Current investments (-€158,000) and Receivables within one year (-€14,590)
- Receivables within one year +€14,590
new in 2025: €14,590
- Reserves +€68,595
up €68,595 (+14.3%), from €479,420 to €548,016
of which Distributable reserves: +€70,455
- Gross operating margin +€12,336
up €12,336 (+15.1%), from €81,643 to €93,979
- Taxes +€2,171
up €2,171 (+9.0%), from €24,071 to €26,243
- Financial income -€1,776
down €1,776 (-33.6%), from €5,282 to €3,506
- Depreciation +€941
up €941 (+135.3%), from €695 to €1,637
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 | €490,975 | €562,251 | +€71,276 | +14.5% |
| Fixed assets | 21/28 | €6,635 | €9,339 | +€2,703 | +40.7% |
| Tangible fixed assets | 22/27 | €6,635 | €9,339 | +€2,703 | +40.7% |
| Plant, machinery and equipment | 23 | - | €4,303 | +€4,303 | |
| Furniture and vehicles | 24 | €6,635 | €5,036 | -€1,600 | -24.1% |
| Current assets | 29/58 | €484,339 | €552,912 | +€68,572 | +14.2% |
| Amounts receivable within one year | 40/41 | - | €14,590 | +€14,590 | |
| Trade receivables | 40 | - | €14,590 | +€14,590 | |
| Current investments | 50/53 | - | €158,000 | +€158,000 | |
| Cash at bank and in hand | 54/58 | €482,819 | €377,924 | -€104,895 | -21.7% |
| Deferred charges and accrued income | 490/1 | €1,520 | €2,398 | +€878 | +57.8% |
| Total equity and liabilities | 10/49 | €490,975 | €562,251 | +€71,276 | +14.5% |
| Equity | 10/15 | €485,620 | €554,216 | +€68,595 | +14.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €479,420 | €548,016 | +€68,595 | +14.3% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €477,560 | €548,016 | +€70,455 | +14.8% |
| Amounts payable | 17/49 | €5,354 | €8,035 | +€2,680 | +50.1% |
| Amounts payable within one year | 42/48 | €5,354 | €8,035 | +€2,680 | +50.1% |
| Trade debts | 44 | €312 | €724 | +€411 | +131.7% |
| Suppliers | 440/4 | €312 | €724 | +€411 | +131.7% |
| Taxes, remuneration and social security | 45 | €3,599 | €5,976 | +€2,376 | +66.0% |
| Taxes | 450/3 | €3,599 | €5,976 | +€2,376 | +66.0% |
| Other amounts payable | 47/48 | €1,443 | €1,335 | -€107 | -7.4% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €695 | €1,637 | +€941 | +135.3% |
| Other operating charges | 640/8 | €1,135 | €955 | -€180 | -15.9% |
| Gross operating margin | 9900 | €81,643 | €93,979 | +€12,336 | +15.1% |
| Operating profit (loss) | 9901 | €79,813 | €91,388 | +€11,575 | +14.5% |
| Financial income | 75/76B | €5,282 | €3,506 | -€1,776 | -33.6% |
| Recurring financial income | 75 | €5,282 | €3,506 | -€1,776 | -33.6% |
| Financial charges | 65/66B | €134 | €55 | -€78 | -58.6% |
| Recurring financial charges | 65 | €134 | €55 | -€78 | -58.6% |
| Profit (loss) for the period before taxes | 9903 | €84,960 | €94,838 | +€9,878 | +11.6% |
| Income taxes | 67/77 | €24,071 | €26,243 | +€2,171 | +9.0% |
| Profit (loss) for the period | 9904 | €60,889 | €68,595 | +€7,706 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €60,889 | €68,595 | +€7,706 | +12.7% |
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 11 October 2026 via checked.be.