PIT 4 ICE: 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.
PIT 4 ICE
Largest movements
- Current investments +€250,000
up €250,000, from €0 to €250,000
- Cash -€152,842
down €152,842 (-41.0%), from €373,131 to €220,289
mainly Current investments (-€250,000) and Contributions, distributions and other (-€70,540)
- Tangible fixed assets -€23,814
down €23,814 (-12.3%), from €193,452 to €169,637
of which Land and buildings: -€18,889
- Reserves +€55,291
up €55,291 (+11.4%), from €486,664 to €541,955
of which Distributable reserves: +€55,291
- Other debts +€28,264
up €28,264 (+54.2%), from €52,179 to €80,443
- Current portion of long-term debt -€9,563
down €9,563 (-100%), from €9,563 to €0
- Tax, wage and social debts -€9,205
down €9,205 (-19.2%), from €47,923 to €38,719
- Gross operating margin +€21,599
up €21,599 (+10.9%), from €197,984 to €219,582
- Financial income -€4,285
down €4,285 (-76.1%), from €5,629 to €1,344
- Depreciation +€2,972
up €2,972 (+10.3%), from €28,859 to €31,831
- Taxes +€2,695
up €2,695 (+4.8%), from €55,675 to €58,371
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 | €615,255 | €684,660 | +€69,406 | +11.3% |
| Fixed assets | 21/28 | €193,452 | €169,637 | -€23,814 | -12.3% |
| Tangible fixed assets | 22/27 | €193,452 | €169,637 | -€23,814 | -12.3% |
| Land and buildings | 22 | €140,741 | €121,852 | -€18,889 | -13.4% |
| Plant, machinery and equipment | 23 | €5,364 | €3,456 | -€1,909 | -35.6% |
| Furniture and vehicles | 24 | €33,941 | €26,947 | -€6,995 | -20.6% |
| Other tangible fixed assets | 26 | €13,405 | €17,384 | +€3,978 | +29.7% |
| Current assets | 29/58 | €421,803 | €515,023 | +€93,220 | +22.1% |
| Amounts receivable within one year | 40/41 | €45,018 | €41,158 | -€3,861 | -8.6% |
| Trade receivables | 40 | €45,018 | €41,158 | -€3,861 | -8.6% |
| Current investments | 50/53 | €0 | €250,000 | +€250,000 | |
| Cash at bank and in hand | 54/58 | €373,131 | €220,289 | -€152,842 | -41.0% |
| Deferred charges and accrued income | 490/1 | €3,653 | €3,576 | -€77 | -2.1% |
| Total equity and liabilities | 10/49 | €615,255 | €684,660 | +€69,406 | +11.3% |
| Equity | 10/15 | €499,064 | €554,355 | +€55,291 | +11.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €486,664 | €541,955 | +€55,291 | +11.4% |
| Tax-exempt reserves | 132 | €416 | €416 | = | 0.0% |
| Distributable reserves | 133 | €486,248 | €541,539 | +€55,291 | +11.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €116,191 | €130,305 | +€14,114 | +12.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €112,320 | €120,871 | +€8,551 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €9,563 | €0 | -€9,563 | -100% |
| Trade debts | 44 | €2,655 | €1,709 | -€946 | -35.6% |
| Suppliers | 440/4 | €2,655 | €1,709 | -€946 | -35.6% |
| Taxes, remuneration and social security | 45 | €47,923 | €38,719 | -€9,205 | -19.2% |
| Taxes | 450/3 | €47,923 | €38,719 | -€9,205 | -19.2% |
| Other amounts payable | 47/48 | €52,179 | €80,443 | +€28,264 | +54.2% |
| Accrued charges and deferred income | 492/3 | €3,871 | €9,434 | +€5,563 | +144% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,859 | €31,831 | +€2,972 | +10.3% |
| Other operating charges | 640/8 | €4,744 | €4,355 | -€388 | -8.2% |
| Gross operating margin | 9900 | €197,984 | €219,582 | +€21,599 | +10.9% |
| Operating profit (loss) | 9901 | €164,381 | €183,396 | +€19,015 | +11.6% |
| Financial income | 75/76B | €5,629 | €1,344 | -€4,285 | -76.1% |
| Recurring financial income | 75 | €5,629 | €1,344 | -€4,285 | -76.1% |
| Financial charges | 65/66B | €1,090 | €539 | -€551 | -50.6% |
| Recurring financial charges | 65 | €1,090 | €539 | -€551 | -50.6% |
| Profit (loss) for the period before taxes | 9903 | €168,920 | €184,201 | +€15,282 | +9.0% |
| Income taxes | 67/77 | €55,675 | €58,371 | +€2,695 | +4.8% |
| Profit (loss) for the period | 9904 | €113,244 | €125,831 | +€12,587 | +11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €113,244 | €125,831 | +€12,587 | +11.1% |
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 22 October 2026 via checked.be.