Strategy ICT: 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.
Strategy ICT
Largest movements
- Receivables within one year +€40,629
up €40,629 (+241%), from €16,832 to €57,461
of which Trade receivables: +€33,130
- Tangible fixed assets -€9,215
down €9,215 (-23.9%), from €38,516 to €29,301
of which Plant, machinery and equipment: -€6,672
- Cash -€7,407
down €7,407 (-11.3%), from €65,595 to €58,188
mainly Receivables within one year (-€40,629) and Other debts (-€2,456)
- Deferred charges and accrued income -€4,092
down €4,092 (-80.2%), from €5,101 to €1,009
- Reserves +€16,231
new in 2025: €16,231
- Tax, wage and social debts +€7,935
up €7,935 (+207%), from €3,834 to €11,768
- Other debts -€2,456
down €2,456 (-17.9%), from €13,744 to €11,288
- Trade debts -€2,046
down €2,046 (-43.6%), from €4,693 to €2,646
- Gross operating margin +€50,697
up €50,697, from -€16,726 to €33,971
- Taxes +€1,655
up €1,655 (+318%), from €521 to €2,176
- Depreciation +€1,435
up €1,435 (+15.7%), from €9,136 to €10,571
- Financial charges +€945
up €945 (+36.6%), from €2,582 to €3,526
- Other operating charges +€420
up €420 (+40.1%), from €1,048 to €1,468
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 | €126,044 | €145,959 | +€19,915 | +15.8% |
| Fixed assets | 21/28 | €38,516 | €29,301 | -€9,215 | -23.9% |
| Tangible fixed assets | 22/27 | €38,516 | €29,301 | -€9,215 | -23.9% |
| Land and buildings | 22 | €16,095 | €14,066 | -€2,028 | -12.6% |
| Plant, machinery and equipment | 23 | €18,418 | €11,746 | -€6,672 | -36.2% |
| Furniture and vehicles | 24 | €4,003 | €3,489 | -€514 | -12.8% |
| Current assets | 29/58 | €87,528 | €116,658 | +€29,130 | +33.3% |
| Amounts receivable within one year | 40/41 | €16,832 | €57,461 | +€40,629 | +241% |
| Trade receivables | 40 | €0 | €33,130 | +€33,130 | |
| Other amounts receivable | 41 | €16,832 | €24,331 | +€7,499 | +44.6% |
| Cash at bank and in hand | 54/58 | €65,595 | €58,188 | -€7,407 | -11.3% |
| Deferred charges and accrued income | 490/1 | €5,101 | €1,009 | -€4,092 | -80.2% |
| Total equity and liabilities | 10/49 | €126,044 | €145,959 | +€19,915 | +15.8% |
| Equity | 10/15 | €103,774 | €120,004 | +€16,231 | +15.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €16,231 | +€16,231 | |
| Distributable reserves | 133 | - | €16,231 | +€16,231 | |
| Profit (loss) carried forward | 14 | €85,174 | €85,174 | = | 0.0% |
| Amounts payable | 17/49 | €22,270 | €25,955 | +€3,685 | +16.5% |
| Amounts payable within one year | 42/48 | €22,270 | €25,955 | +€3,685 | +16.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | - | €252 | +€252 | |
| Credit institutions | 430/8 | - | €252 | +€252 | |
| Trade debts | 44 | €4,693 | €2,646 | -€2,046 | -43.6% |
| Suppliers | 440/4 | €4,693 | €2,646 | -€2,046 | -43.6% |
| Taxes, remuneration and social security | 45 | €3,834 | €11,768 | +€7,935 | +207% |
| Taxes | 450/3 | €3,834 | €11,768 | +€7,935 | +207% |
| Other amounts payable | 47/48 | €13,744 | €11,288 | -€2,456 | -17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,136 | €10,571 | +€1,435 | +15.7% |
| Other operating charges | 640/8 | €1,048 | €1,468 | +€420 | +40.1% |
| Gross operating margin | 9900 | -€16,726 | €33,971 | +€50,697 | |
| Operating profit (loss) | 9901 | -€26,909 | €21,932 | +€48,841 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +3,000% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +3,000% |
| Financial charges | 65/66B | €2,582 | €3,526 | +€945 | +36.6% |
| Recurring financial charges | 65 | €2,582 | €3,526 | +€945 | +36.6% |
| Profit (loss) for the period before taxes | 9903 | -€29,491 | €18,406 | +€47,897 | |
| Income taxes | 67/77 | €521 | €2,176 | +€1,655 | +318% |
| Profit (loss) for the period | 9904 | -€30,012 | €16,231 | +€46,242 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,012 | €16,231 | +€46,242 |
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 16 October 2026 via checked.be.