Den Ijsberg & More: 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.
Den Ijsberg & More
Largest movements
- Tangible fixed assets -€2,619
down €2,619 (-63.7%), from €4,115 to €1,495
of which Plant, machinery and equipment: -€2,339
- Cash +€1,440
up €1,440 (+14.6%), from €9,891 to €11,330
mainly Depreciation (+€2,619) and Receivables within one year (+€486)
- Receivables within one year -€486
down €486 (-50.3%), from €966 to €481
- Reserves -€1,319
down €1,319 (-16.4%), from €8,065 to €6,747
- Trade debts -€542
down €542 (-54.0%), from €1,003 to €462
- Accrued charges and deferred income +€201
up €201 (+48.6%), from €413 to €614
- Other debts -€164
down €164 (-5.5%), from €2,965 to €2,801
- Gross operating margin -€1,798
down €1,798 (-40.9%), from €4,393 to €2,595
- Depreciation -€92
down €92 (-3.4%), from €2,711 to €2,619
- Taxes -€85
down €85 (-100%), from €85 to €0
- Other operating charges +€81
up €81 (+9.6%), from €852 to €933
- Financial charges -€47
down €47 (-11.4%), from €409 to €362
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 | €15,447 | €13,623 | -€1,824 | -11.8% |
| Fixed assets | 21/28 | €4,115 | €1,495 | -€2,619 | -63.7% |
| Tangible fixed assets | 22/27 | €4,115 | €1,495 | -€2,619 | -63.7% |
| Plant, machinery and equipment | 23 | €3,245 | €906 | -€2,339 | -72.1% |
| Furniture and vehicles | 24 | €870 | €590 | -€280 | -32.2% |
| Current assets | 29/58 | €11,332 | €12,128 | +€795 | +7.0% |
| Stocks and contracts in progress | 3 | €310 | €171 | -€139 | -44.9% |
| Stocks | 30/36 | €310 | €171 | -€139 | -44.9% |
| Amounts receivable within one year | 40/41 | €966 | €481 | -€486 | -50.3% |
| Other amounts receivable | 41 | €966 | €481 | -€486 | -50.3% |
| Cash at bank and in hand | 54/58 | €9,891 | €11,330 | +€1,440 | +14.6% |
| Deferred charges and accrued income | 490/1 | €165 | €146 | -€19 | -11.8% |
| Total equity and liabilities | 10/49 | €15,447 | €13,623 | -€1,824 | -11.8% |
| Equity | 10/15 | €11,065 | €9,747 | -€1,319 | -11.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €8,065 | €6,747 | -€1,319 | -16.4% |
| Distributable reserves | 133 | €8,065 | €6,747 | -€1,319 | -16.4% |
| Amounts payable | 17/49 | €4,381 | €3,876 | -€505 | -11.5% |
| Amounts payable within one year | 42/48 | €3,968 | €3,263 | -€706 | -17.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,003 | €462 | -€542 | -54.0% |
| Suppliers | 440/4 | €1,003 | €462 | -€542 | -54.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,965 | €2,801 | -€164 | -5.5% |
| Accrued charges and deferred income | 492/3 | €413 | €614 | +€201 | +48.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,711 | €2,619 | -€92 | -3.4% |
| Other operating charges | 640/8 | €852 | €933 | +€81 | +9.6% |
| Gross operating margin | 9900 | €4,393 | €2,595 | -€1,798 | -40.9% |
| Operating profit (loss) | 9901 | €830 | -€958 | -€1,788 | |
| Financial income | 75/76B | €2 | €1 | -€1 | -41.9% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -41.9% |
| Financial charges | 65/66B | €409 | €362 | -€47 | -11.4% |
| Recurring financial charges | 65 | €409 | €362 | -€47 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €423 | -€1,319 | -€1,742 | |
| Income taxes | 67/77 | €85 | €0 | -€85 | -100% |
| Profit (loss) for the period | 9904 | €339 | -€1,319 | -€1,657 | |
| Profit (loss) for the period to be appropriated | 9905 | €339 | -€1,319 | -€1,657 |
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 29 October 2026 via checked.be.