ICTsquare: 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.
ICTsquare
Largest movements
- Cash +€20,120
up €20,120 (+44.3%), from €45,372 to €65,492
mainly Tax, wage and social debts (+€13,296) and Depreciation (+€10,400)
- Tangible fixed assets -€10,399
down €10,399 (-8.4%), from €123,484 to €113,085
of which Plant, machinery and equipment: -€6,257
- Receivables within one year +€7,523
up €7,523 (+119%), from €6,309 to €13,832
of which Trade receivables: +€6,512
- Tax, wage and social debts +€13,296
up €13,296 (+530%), from €2,510 to €15,806
of which Remuneration and social security: +€7,924
- Profit (loss) carried forward +€5,272
up €5,272 (+3.7%), from €140,664 to €145,936
- Gross operating margin +€7,461
up €7,461 (+65.3%), from €11,429 to €18,890
- Taxes +€1,318
up €1,318 (+274%), from €481 to €1,799
- Other operating charges -€470
down €470 (-26.7%), from €1,760 to €1,290
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 | €255,725 | €273,038 | +€17,313 | +6.8% |
| Fixed assets | 21/28 | €123,484 | €113,085 | -€10,399 | -8.4% |
| Tangible fixed assets | 22/27 | €123,484 | €113,085 | -€10,399 | -8.4% |
| Land and buildings | 22 | €109,839 | €105,987 | -€3,852 | -3.5% |
| Plant, machinery and equipment | 23 | €12,943 | €6,686 | -€6,257 | -48.3% |
| Furniture and vehicles | 24 | €702 | €412 | -€290 | -41.3% |
| Current assets | 29/58 | €132,241 | €159,953 | +€27,712 | +21.0% |
| Amounts receivable within one year | 40/41 | €6,309 | €13,832 | +€7,523 | +119% |
| Trade receivables | 40 | €6,262 | €12,774 | +€6,512 | +104% |
| Other amounts receivable | 41 | €47 | €1,058 | +€1,011 | +2,151% |
| Current investments | 50/53 | €80,000 | €80,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €45,372 | €65,492 | +€20,120 | +44.3% |
| Deferred charges and accrued income | 490/1 | €560 | €630 | +€70 | +12.5% |
| Total equity and liabilities | 10/49 | €255,725 | €273,038 | +€17,313 | +6.8% |
| Equity | 10/15 | €249,129 | €254,401 | +€5,272 | +2.1% |
| Contributions | 10/11 | €8,200 | €8,200 | = | 0.0% |
| Reserves | 13 | €100,265 | €100,265 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100,265 | €100,265 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,265 | €100,265 | +€80,000 | +395% |
| Own shares acquired | 1312 | €80,000 | - | -€80,000 | |
| Profit (loss) carried forward | 14 | €140,664 | €145,936 | +€5,272 | +3.7% |
| Amounts payable | 17/49 | €6,596 | €18,637 | +€12,041 | +183% |
| Amounts payable within one year | 42/48 | €4,467 | €18,637 | +€14,170 | +317% |
| Trade debts | 44 | €1,957 | €2,832 | +€875 | +44.7% |
| Suppliers | 440/4 | €1,957 | €2,832 | +€875 | +44.7% |
| Taxes, remuneration and social security | 45 | €2,510 | €15,806 | +€13,296 | +530% |
| Taxes | 450/3 | €2,510 | €7,882 | +€5,372 | +214% |
| Remuneration and social security | 454/9 | - | €7,924 | +€7,924 | |
| Accrued charges and deferred income | 492/3 | €2,129 | - | -€2,129 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,274 | €10,400 | +€126 | +1.2% |
| Other operating charges | 640/8 | €1,760 | €1,290 | -€470 | -26.7% |
| Gross operating margin | 9900 | €11,429 | €18,890 | +€7,461 | +65.3% |
| Operating profit (loss) | 9901 | -€605 | €7,200 | +€7,805 | |
| Financial income | 75/76B | €6 | €24 | +€18 | +294% |
| Recurring financial income | 75 | €6 | €24 | +€18 | +294% |
| Financial charges | 65/66B | €160 | €153 | -€7 | -4.5% |
| Recurring financial charges | 65 | €160 | €153 | -€7 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | -€759 | €7,070 | +€7,829 | |
| Income taxes | 67/77 | €481 | €1,799 | +€1,318 | +274% |
| Profit (loss) for the period | 9904 | -€1,240 | €5,271 | +€6,511 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,240 | €5,271 | +€6,511 |
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 24 October 2026 via checked.be.