ICX lab: 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.
ICX lab
Largest movements
- Tangible fixed assets +€82,070
up €82,070 (+299.7%), from €27,385 to €109,455
of which Other tangible fixed assets: +€82,850
- Current investments -€55,000
down €55,000 (-42.3%), from €130,000 to €75,000
- Receivables within one year -€14,496
down €14,496 (-97.8%), from €14,816 to €320
of which Trade receivables: -€14,496
- Cash -€14,492
down €14,492 (-31.9%), from €45,426 to €30,933
mainly Contributions, distributions and other (-€140,628) and Investment in fixed assets (net) (-€88,450)
- Other debts +€93,680
up €93,680 (+179.0%), from €52,329 to €146,009
- Reserves -€88,799
down €88,799 (-41.2%), from €215,277 to €126,478
- Tax, wage and social debts -€6,196
down €6,196 (-34.9%), from €17,750 to €11,554
of which Taxes: -€6,196
- Taxes -€1,618
down €1,618 (-12.0%), from €13,493 to €11,875
- Financial income -€712
down €712 (-13.4%), from €5,298 to €4,586
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 | €294,033 | €292,735 | -€1,298 | -0.4% |
| Fixed assets | 21/28 | €27,439 | €109,455 | +€82,016 | +298.9% |
| Intangible fixed assets | 21 | €54 | €0 | -€54 | -100.0% |
| Tangible fixed assets | 22/27 | €27,385 | €109,455 | +€82,070 | +299.7% |
| Furniture and vehicles | 24 | €1,626 | €846 | -€780 | -48.0% |
| Other tangible fixed assets | 26 | €25,759 | €108,609 | +€82,850 | +321.6% |
| Current assets | 29/58 | €266,594 | €183,280 | -€83,314 | -31.3% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,816 | €320 | -€14,496 | -97.8% |
| Trade receivables | 40 | €14,816 | €320 | -€14,496 | -97.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €130,000 | €75,000 | -€55,000 | -42.3% |
| Cash at bank and in hand | 54/58 | €45,426 | €30,933 | -€14,492 | -31.9% |
| Deferred charges and accrued income | 490/1 | €1,352 | €2,027 | +€674 | +49.9% |
| Total equity and liabilities | 10/49 | €294,033 | €292,735 | -€1,298 | -0.4% |
| Equity | 10/15 | €220,277 | €131,478 | -€88,799 | -40.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €215,277 | €126,478 | -€88,799 | -41.2% |
| Distributable reserves | 133 | €215,277 | €126,478 | -€88,799 | -41.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €73,756 | €161,257 | +€87,500 | +118.6% |
| Amounts payable within one year | 42/48 | €70,080 | €157,583 | +€87,503 | +124.9% |
| Trade debts | 44 | €0 | €19 | +€19 | |
| Suppliers | 440/4 | €0 | €19 | +€19 | |
| Taxes, remuneration and social security | 45 | €17,750 | €11,554 | -€6,196 | -34.9% |
| Taxes | 450/3 | €15,525 | €9,329 | -€6,196 | -39.9% |
| Remuneration and social security | 454/9 | €2,225 | €2,225 | = | 0.0% |
| Other amounts payable | 47/48 | €52,329 | €146,009 | +€93,680 | +179.0% |
| Accrued charges and deferred income | 492/3 | €3,676 | €3,674 | -€3 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,953 | €6,434 | -€519 | -7.5% |
| Other operating charges | 640/8 | €1,667 | €1,378 | -€289 | -17.3% |
| Gross operating margin | 9900 | €66,382 | €66,985 | +€603 | +0.9% |
| Operating profit (loss) | 9901 | €57,762 | €59,172 | +€1,410 | +2.4% |
| Financial income | 75/76B | €5,298 | €4,586 | -€712 | -13.4% |
| Recurring financial income | 75 | €5,298 | €4,586 | -€712 | -13.4% |
| Financial charges | 65/66B | €61 | €54 | -€7 | -10.9% |
| Recurring financial charges | 65 | €61 | €54 | -€7 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €63,000 | €63,704 | +€705 | +1.1% |
| Income taxes | 67/77 | €13,493 | €11,875 | -€1,618 | -12.0% |
| Profit (loss) for the period | 9904 | €49,507 | €51,829 | +€2,322 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €49,507 | €51,829 | +€2,322 | +4.7% |
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 10 October 2026 via checked.be.