ICTB: 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.
ICTB
Largest movements
- Financial fixed assets -€50,000
no longer reported in 2025 (was €50,000)
- Cash -€42,309
down €42,309 (-91.1%), from €46,466 to €4,156
mainly Net result for the year (-€132,559) and Other debts (-€16,644)
- Tangible fixed assets -€39,570
down €39,570 (-77.7%), from €50,957 to €11,386
of which Furniture and vehicles: -€37,658
- Receivables within one year -€19,860
down €19,860 (-73.7%), from €26,957 to €7,097
of which Trade receivables: -€17,561
- Profit (loss) carried forward -€132,559
down €132,559 (-202%), from -€65,562 to -€198,120
- Other debts -€16,644
down €16,644 (-36.6%), from €45,477 to €28,833
- Tax, wage and social debts -€4,421
down €4,421 (-91.5%), from €4,830 to €409
of which Remuneration and social security: -€4,060
- Trade debts +€2,033
up €2,033 (+43.0%), from €4,724 to €6,757
- Financial charges +€33,339
up €33,339 (+27,280%), from €122 to €33,461
of which Non-recurring financial charges: +€33,262
- Depreciation -€12,099
down €12,099 (-73.8%), from €16,397 to €4,297
- Gross operating margin +€10,931
up €10,931 (+30.4%), from -€35,998 to -€25,067
- Financial income -€3,556
down €3,556 (-85.9%), from €4,139 to €583
- Other operating charges +€374
up €374 (+27.4%), from €1,362 to €1,736
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 | €197,968 | €46,377 | -€151,591 | -76.6% |
| Fixed assets | 21/28 | €100,957 | €11,386 | -€89,570 | -88.7% |
| Tangible fixed assets | 22/27 | €50,957 | €11,386 | -€39,570 | -77.7% |
| Plant, machinery and equipment | 23 | €3,058 | €1,145 | -€1,912 | -62.5% |
| Furniture and vehicles | 24 | €47,899 | €10,241 | -€37,658 | -78.6% |
| Financial fixed assets | 28 | €50,000 | - | -€50,000 | |
| Current assets | 29/58 | €97,011 | €34,990 | -€62,021 | -63.9% |
| Stocks and contracts in progress | 3 | €11,678 | €10,553 | -€1,124 | -9.6% |
| Stocks | 30/36 | €11,678 | €10,553 | -€1,124 | -9.6% |
| Amounts receivable within one year | 40/41 | €26,957 | €7,097 | -€19,860 | -73.7% |
| Trade receivables | 40 | €23,828 | €6,267 | -€17,561 | -73.7% |
| Other amounts receivable | 41 | €3,129 | €830 | -€2,299 | -73.5% |
| Current investments | 50/53 | €6,550 | €6,550 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €46,466 | €4,156 | -€42,309 | -91.1% |
| Deferred charges and accrued income | 490/1 | €5,361 | €6,633 | +€1,273 | +23.7% |
| Total equity and liabilities | 10/49 | €197,968 | €46,377 | -€151,591 | -76.6% |
| Equity | 10/15 | €141,438 | €8,879 | -€132,559 | -93.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €204,499 | €204,499 | = | 0.0% |
| Distributable reserves | 133 | €204,499 | €204,499 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,562 | -€198,120 | -€132,559 | -202% |
| Amounts payable | 17/49 | €56,530 | €37,498 | -€19,032 | -33.7% |
| Amounts payable within one year | 42/48 | €56,530 | €37,498 | -€19,032 | -33.7% |
| Trade debts | 44 | €4,724 | €6,757 | +€2,033 | +43.0% |
| Suppliers | 440/4 | €4,724 | €6,757 | +€2,033 | +43.0% |
| Advances received on contracts in progress | 46 | €1,499 | €1,499 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,830 | €409 | -€4,421 | -91.5% |
| Taxes | 450/3 | €771 | €409 | -€362 | -46.9% |
| Remuneration and social security | 454/9 | €4,060 | - | -€4,060 | |
| Other amounts payable | 47/48 | €45,477 | €28,833 | -€16,644 | -36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,397 | €4,297 | -€12,099 | -73.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,666 | €14,666 | = | 0.0% |
| Other operating charges | 640/8 | €1,362 | €1,736 | +€374 | +27.4% |
| Non-recurring operating charges | 66A | €942 | €53,773 | +€52,831 | +5,611% |
| Gross operating margin | 9900 | -€35,998 | -€25,067 | +€10,931 | +30.4% |
| Operating profit (loss) | 9901 | -€69,365 | -€99,540 | -€30,175 | -43.5% |
| Financial income | 75/76B | €4,139 | €583 | -€3,556 | -85.9% |
| Recurring financial income | 75 | €4,139 | €583 | -€3,556 | -85.9% |
| Financial charges | 65/66B | €122 | €33,461 | +€33,339 | +27,280% |
| Recurring financial charges | 65 | €122 | €200 | +€78 | +63.5% |
| Non-recurring financial charges | 66B | - | €33,262 | +€33,262 | |
| Profit (loss) for the period before taxes | 9903 | -€65,347 | -€132,418 | -€67,070 | -103% |
| Income taxes | 67/77 | €214 | €141 | -€73 | -34.1% |
| Profit (loss) for the period | 9904 | -€65,562 | -€132,559 | -€66,997 | -102% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,562 | -€132,559 | -€66,997 | -102% |
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 28 October 2026 via checked.be.