ICARUS CONSULT: what changed
Two fiscal 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.
ICARUS CONSULT
Largest movements
- Receivables within one year -€7,949
down €7,949 (-9.1%), from €86,943 to €78,994
of which Other amounts receivable: -€10,214
- Profit (loss) carried forward -€10,000
down €10,000 (-17.1%), from €58,329 to €48,329
- Gross operating margin -€3,498
down €3,498, from €2,269 to -€1,229
- Taxes -€1,476
down €1,476 (-61.5%), from €2,398 to €922
- Financial income -€944
down €944 (-20.1%), from €4,701 to €3,757
- Depreciation -€166
down €166 (-15.6%), from €1,066 to €900
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.
Cash bridge derived
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 | €90,753 | €81,918 | -€8,835 | -9.7% |
| Fixed assets | 21/28 | €2,592 | €1,692 | -€900 | -34.7% |
| Tangible fixed assets | 22/27 | €2,592 | €1,692 | -€900 | -34.7% |
| Plant, machinery and equipment | 23 | €2,592 | €1,692 | -€900 | -34.7% |
| Current assets | 29/58 | €88,162 | €80,226 | -€7,935 | -9.0% |
| Amounts receivable within one year | 40/41 | €86,943 | €78,994 | -€7,949 | -9.1% |
| Trade receivables | 40 | €12,502 | €14,767 | +€2,265 | +18.1% |
| Other amounts receivable | 41 | €74,441 | €64,227 | -€10,214 | -13.7% |
| Cash at bank and in hand | 54/58 | €1,219 | €1,233 | +€14 | +1.1% |
| Total equity and liabilities | 10/49 | €90,753 | €81,918 | -€8,835 | -9.7% |
| Equity | 10/15 | €83,394 | €74,022 | -€9,372 | -11.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €18,865 | €19,493 | +€628 | +3.3% |
| 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 | €17,005 | €17,633 | +€628 | +3.7% |
| Profit (loss) carried forward | 14 | €58,329 | €48,329 | -€10,000 | -17.1% |
| Provisions and deferred taxes | 16 | €3,500 | €3,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €3,500 | €3,500 | = | 0.0% |
| Environmental obligations | 163 | €3,500 | €3,500 | = | 0.0% |
| Amounts payable | 17/49 | €3,860 | €4,397 | +€537 | +13.9% |
| Amounts payable within one year | 42/48 | €3,860 | €4,397 | +€537 | +13.9% |
| Trade debts | 44 | €824 | €805 | -€19 | -2.3% |
| Suppliers | 440/4 | €824 | €805 | -€19 | -2.3% |
| Taxes, remuneration and social security | 45 | €3,036 | €3,592 | +€556 | +18.3% |
| Taxes | 450/3 | €3,036 | €3,592 | +€556 | +18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,066 | €900 | -€166 | -15.6% |
| Gross operating margin | 9900 | €2,269 | -€1,229 | -€3,498 | |
| Operating profit (loss) | 9901 | €1,203 | -€2,128 | -€3,331 | |
| Financial income | 75/76B | €4,701 | €3,757 | -€944 | -20.1% |
| Recurring financial income | 75 | €4,701 | €3,757 | -€944 | -20.1% |
| Financial charges | 65/66B | €61 | €79 | +€18 | +28.9% |
| Recurring financial charges | 65 | €61 | €79 | +€18 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €5,843 | €1,550 | -€4,293 | -73.5% |
| Income taxes | 67/77 | €2,398 | €922 | -€1,476 | -61.5% |
| Profit (loss) for the period | 9904 | €3,445 | €628 | -€2,817 | -81.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,445 | €628 | -€2,817 | -81.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.