ICTLAB: 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.
ICTLAB
Largest movements
- Receivables after one year +€70,000
new in 2023: €70,000
- Cash +€14,042
up €14,042 (+69.7%), from €20,140 to €34,181
mainly Net result for the year (+€36,390) and Trade debts (+€29,693)
- Receivables within one year -€13,929
down €13,929 (-71.9%), from €19,363 to €5,434
of which Other amounts receivable: -€7,263
- Profit (loss) carried forward +€36,390
up €36,390 (+110.3%), from €32,977 to €69,367
- Trade debts +€29,693
up €29,693 (+2036.0%), from €1,458 to €31,151
- Other debts +€5,501
new in 2023: €5,501
- Gross operating margin +€6,864
up €6,864 (+15.7%), from €43,682 to €50,546
- Taxes +€3,164
up €3,164 (+35.2%), from €9,000 to €12,164
- Financial income +€893
up €893 (+835.3%), from €107 to €1,000
- Other operating charges +€659
up €659 (+143.2%), from €460 to €1,119
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,874 | €112,649 | +€70,775 | +169.0% |
| Formation expenses | 20 | €705 | - | -€705 | |
| Fixed assets | 21/28 | €1,667 | €3,034 | +€1,367 | +82.0% |
| Tangible fixed assets | 22/27 | €1,667 | €1,966 | +€299 | +17.9% |
| Furniture and vehicles | 24 | €1,667 | €1,966 | +€299 | +17.9% |
| Financial fixed assets | 28 | - | €1,068 | +€1,068 | |
| Current assets | 29/58 | €39,503 | €109,616 | +€70,113 | +177.5% |
| Amounts receivable after more than one year | 29 | - | €70,000 | +€70,000 | |
| Other amounts receivable | 291 | - | €70,000 | +€70,000 | |
| Amounts receivable within one year | 40/41 | €19,363 | €5,434 | -€13,929 | -71.9% |
| Trade receivables | 40 | €12,100 | €5,434 | -€6,666 | -55.1% |
| Other amounts receivable | 41 | €7,263 | - | -€7,263 | |
| Cash at bank and in hand | 54/58 | €20,140 | €34,181 | +€14,042 | +69.7% |
| Total equity and liabilities | 10/49 | €41,874 | €112,649 | +€70,775 | +169.0% |
| Equity | 10/15 | €32,978 | €69,368 | +€36,390 | +110.3% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,977 | €69,367 | +€36,390 | +110.3% |
| Amounts payable | 17/49 | €8,896 | €43,281 | +€34,385 | +386.5% |
| Amounts payable within one year | 42/48 | €8,896 | €43,281 | +€34,385 | +386.5% |
| Trade debts | 44 | €1,458 | €31,151 | +€29,693 | +2036.0% |
| Suppliers | 440/4 | €1,458 | €31,151 | +€29,693 | +2036.0% |
| Taxes, remuneration and social security | 45 | €7,438 | €6,628 | -€809 | -10.9% |
| Taxes | 450/3 | €7,438 | €6,628 | -€809 | -10.9% |
| Other amounts payable | 47/48 | - | €5,501 | +€5,501 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,320 | €1,773 | +€452 | +34.3% |
| Other operating charges | 640/8 | €460 | €1,119 | +€659 | +143.2% |
| Gross operating margin | 9900 | €43,682 | €50,546 | +€6,864 | +15.7% |
| Operating profit (loss) | 9901 | €41,901 | €47,654 | +€5,753 | +13.7% |
| Financial income | 75/76B | €107 | €1,000 | +€893 | +835.3% |
| Recurring financial income | 75 | €107 | €1,000 | +€893 | +835.3% |
| Financial charges | 65/66B | €31 | €101 | +€70 | +227.8% |
| Recurring financial charges | 65 | €31 | €101 | +€70 | +227.8% |
| Profit (loss) for the period before taxes | 9903 | €41,977 | €48,553 | +€6,576 | +15.7% |
| Income taxes | 67/77 | €9,000 | €12,164 | +€3,164 | +35.2% |
| Profit (loss) for the period | 9904 | €32,977 | €36,390 | +€3,412 | +10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,977 | €36,390 | +€3,412 | +10.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.