Total 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.
Total ICT
Largest movements
- Tangible fixed assets -€232,445
down €232,445 (-51.5%), from €451,718 to €219,273
of which Land and buildings: -€223,561
- Cash +€11,182
up €11,182 (+22.2%), from €50,320 to €61,502
- Reserves -€205,377
down €205,377 (-51.9%), from €395,454 to €190,077
of which Distributable reserves: -€205,377
- Current portion of long-term debt -€64,897
down €64,897 (-89.7%), from €72,336 to €7,439
- Other debts +€58,000
up €58,000 (+67.8%), from €85,500 to €143,500
- Profit (loss) carried forward +€51,432
up €51,432 (+1,221%), from €4,212 to €55,644
- Trade debts +€43,703
up €43,703 (+1,745%), from €2,504 to €46,207
- Write-downs -€74,647
down €74,647, from €37,323 to -€37,323
- Gross operating margin -€23,838
down €23,838 (-17.5%), from €136,040 to €112,202
- Taxes +€16,024
up €16,024 (+173%), from €9,247 to €25,271
- Depreciation -€15,695
down €15,695 (-20.8%), from €75,593 to €59,898
- Financial income -€5,069
down €5,069 (-70.9%), from €7,151 to €2,082
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €684,457 | €469,238 | -€215,219 | -31.4% |
| Fixed assets | 21/28 | €451,718 | €219,273 | -€232,445 | -51.5% |
| Tangible fixed assets | 22/27 | €451,718 | €219,273 | -€232,445 | -51.5% |
| Land and buildings | 22 | €283,561 | €60,000 | -€223,561 | -78.8% |
| Plant, machinery and equipment | 23 | €9,427 | €3,877 | -€5,550 | -58.9% |
| Furniture and vehicles | 24 | €158,729 | €155,396 | -€3,333 | -2.1% |
| Current assets | 29/58 | €232,739 | €249,965 | +€17,225 | +7.4% |
| Amounts receivable within one year | 40/41 | €182,419 | €188,463 | +€6,044 | +3.3% |
| Trade receivables | 40 | €17,298 | €48,037 | +€30,739 | +178% |
| Other amounts receivable | 41 | €165,121 | €140,426 | -€24,695 | -15.0% |
| Cash at bank and in hand | 54/58 | €50,320 | €61,502 | +€11,182 | +22.2% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €684,457 | €469,238 | -€215,219 | -31.4% |
| Equity | 10/15 | €418,266 | €264,321 | -€153,945 | -36.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €395,454 | €190,077 | -€205,377 | -51.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €393,594 | €188,217 | -€205,377 | -52.2% |
| Profit (loss) carried forward | 14 | €4,212 | €55,644 | +€51,432 | +1,221% |
| Amounts payable | 17/49 | €266,192 | €204,917 | -€61,274 | -23.0% |
| Amounts payable after more than one year | 17 | €18,419 | €0 | -€18,419 | -100% |
| Financial debts | 170/4 | €18,419 | €0 | -€18,419 | -100% |
| Amounts payable within one year | 42/48 | €207,773 | €204,917 | -€2,855 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €72,336 | €7,439 | -€64,897 | -89.7% |
| Trade debts | 44 | €2,504 | €46,207 | +€43,703 | +1,745% |
| Suppliers | 440/4 | €2,504 | €46,207 | +€43,703 | +1,745% |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €47,432 | €7,771 | -€39,661 | -83.6% |
| Taxes | 450/3 | €43,852 | €7,771 | -€36,081 | -82.3% |
| Remuneration and social security | 454/9 | €3,580 | - | -€3,580 | |
| Other amounts payable | 47/48 | €85,500 | €143,500 | +€58,000 | +67.8% |
| Accrued charges and deferred income | 492/3 | €40,000 | - | -€40,000 | |
| Non-recurring operating income | 76A | - | €167,114 | +€167,114 | |
| Remuneration, social security and pensions | 62 | - | €385 | +€385 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,593 | €59,898 | -€15,695 | -20.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €37,323 | -€37,323 | -€74,647 | |
| Other operating charges | 640/8 | €4,764 | €9,493 | +€4,729 | +99.3% |
| Gross operating margin | 9900 | €136,040 | €112,202 | -€23,838 | -17.5% |
| Operating profit (loss) | 9901 | €18,360 | €79,750 | +€61,390 | +334% |
| Financial income | 75/76B | €7,151 | €2,082 | -€5,069 | -70.9% |
| Recurring financial income | 75 | €7,151 | €2,082 | -€5,069 | -70.9% |
| Financial charges | 65/66B | €4,027 | €916 | -€3,111 | -77.3% |
| Recurring financial charges | 65 | €4,027 | €916 | -€3,111 | -77.3% |
| Profit (loss) for the period before taxes | 9903 | €21,483 | €80,915 | +€59,432 | +277% |
| Income taxes | 67/77 | €9,247 | €25,271 | +€16,024 | +173% |
| Profit (loss) for the period | 9904 | €12,236 | €55,644 | +€43,408 | +355% |
| Profit (loss) for the period to be appropriated | 9905 | €12,236 | €55,644 | +€43,408 | +355% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.