iCube Consult: 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.
iCube Consult
Largest movements
- Receivables within one year +€34,128
up €34,128 (+52.1%), from €65,508 to €99,636
of which Other amounts receivable: +€36,826
- Cash +€23,497
up €23,497 (+27.3%), from €86,209 to €109,706
mainly Other debts (+€170,000) and Net result for the year (+€61,584)
- Tangible fixed assets -€20,857
down €20,857 (-8.3%), from €250,470 to €229,613
of which Plant, machinery and equipment: -€12,480
- Other debts +€170,000
new in 2025: €170,000
- Reserves -€88,860
down €88,860 (-80.2%), from €110,860 to €22,000
of which Distributable reserves: -€87,000
- Profit (loss) carried forward -€51,416
down €51,416 (-99.1%), from €51,865 to €449
- Tax, wage and social debts +€34,040
up €34,040 (+259%), from €13,166 to €47,206
- Current portion of long-term debt -€19,411
down €19,411 (-42.3%), from €45,873 to €26,462
- Gross operating margin +€9,375
up €9,375 (+9.6%), from €98,003 to €107,378
- Taxes +€2,652
up €2,652 (+18.1%), from €14,651 to €17,304
- Financial income +€2,010
up €2,010 (+404%), from €498 to €2,508
- Depreciation -€1,266
down €1,266 (-5.0%), from €25,279 to €24,014
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 | €411,085 | €445,567 | +€34,482 | +8.4% |
| Fixed assets | 21/28 | €250,470 | €229,613 | -€20,857 | -8.3% |
| Tangible fixed assets | 22/27 | €250,470 | €229,613 | -€20,857 | -8.3% |
| Land and buildings | 22 | €142,654 | €138,485 | -€4,169 | -2.9% |
| Plant, machinery and equipment | 23 | €94,764 | €82,283 | -€12,480 | -13.2% |
| Furniture and vehicles | 24 | €13,052 | €8,845 | -€4,207 | -32.2% |
| Current assets | 29/58 | €160,615 | €215,954 | +€55,338 | +34.5% |
| Amounts receivable within one year | 40/41 | €65,508 | €99,636 | +€34,128 | +52.1% |
| Trade receivables | 40 | €25,700 | €23,003 | -€2,698 | -10.5% |
| Other amounts receivable | 41 | €39,807 | €76,633 | +€36,826 | +92.5% |
| Cash at bank and in hand | 54/58 | €86,209 | €109,706 | +€23,497 | +27.3% |
| Deferred charges and accrued income | 490/1 | €8,899 | €6,612 | -€2,287 | -25.7% |
| Total equity and liabilities | 10/49 | €411,085 | €445,567 | +€34,482 | +8.4% |
| Equity | 10/15 | €181,325 | €42,909 | -€138,416 | -76.3% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Reserves | 13 | €110,860 | €22,000 | -€88,860 | -80.2% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €109,000 | €22,000 | -€87,000 | -79.8% |
| Profit (loss) carried forward | 14 | €51,865 | €449 | -€51,416 | -99.1% |
| Amounts payable | 17/49 | €229,760 | €402,658 | +€172,898 | +75.3% |
| Amounts payable after more than one year | 17 | €161,319 | €145,074 | -€16,245 | -10.1% |
| Financial debts | 170/4 | €161,319 | €145,074 | -€16,245 | -10.1% |
| Amounts payable within one year | 42/48 | €68,249 | €256,997 | +€188,748 | +277% |
| Current portion of amounts payable after more than one year | 42 | €45,873 | €26,462 | -€19,411 | -42.3% |
| Trade debts | 44 | €9,210 | €13,330 | +€4,120 | +44.7% |
| Suppliers | 440/4 | €9,210 | €13,330 | +€4,120 | +44.7% |
| Taxes, remuneration and social security | 45 | €13,166 | €47,206 | +€34,040 | +259% |
| Taxes | 450/3 | €13,166 | €47,206 | +€34,040 | +259% |
| Other amounts payable | 47/48 | - | €170,000 | +€170,000 | |
| Accrued charges and deferred income | 492/3 | €192 | €587 | +€395 | +205% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,279 | €24,014 | -€1,266 | -5.0% |
| Other operating charges | 640/8 | €1,002 | €975 | -€27 | -2.7% |
| Gross operating margin | 9900 | €98,003 | €107,378 | +€9,375 | +9.6% |
| Operating profit (loss) | 9901 | €71,721 | €82,389 | +€10,668 | +14.9% |
| Financial income | 75/76B | €498 | €2,508 | +€2,010 | +404% |
| Recurring financial income | 75 | €498 | €2,508 | +€2,010 | +404% |
| Financial charges | 65/66B | €5,823 | €6,009 | +€186 | +3.2% |
| Recurring financial charges | 65 | €5,823 | €6,009 | +€186 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €66,396 | €78,887 | +€12,491 | +18.8% |
| Income taxes | 67/77 | €14,651 | €17,304 | +€2,652 | +18.1% |
| Profit (loss) for the period | 9904 | €51,745 | €61,584 | +€9,839 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,745 | €61,584 | +€9,839 | +19.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.