ICCOON: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
ICCOON
Largest movements
- Stocks and contracts +€395,755
new in 2025: €395,755
- Cash +€70,524
up €70,524 (+4,590%), from €1,536 to €72,061
mainly Debts after one year (+€409,989) and Other debts (+€41,744)
- Receivables within one year -€5,998
down €5,998 (-75.8%), from €7,911 to €1,912
of which Trade receivables: -€7,911
- Debts after one year +€409,989
new in 2025: €409,989
- Other debts +€41,744
up €41,744 (+283%), from €14,752 to €56,496
- Trade debts +€22,627
up €22,627 (+2,928%), from €773 to €23,400
- Profit (loss) carried forward -€7,073
down €7,073 (-43.0%), from -€16,435 to -€23,508
- Gross operating margin -€5,574
down €5,574 (-505%), from -€1,104 to -€6,678
- Financial income +€3,790
up €3,790 (+3,960%), from €96 to €3,885
- Financial charges +€2,921
up €2,921 (+2,655%), from €110 to €3,031
- Other operating charges +€792
up €792 (+174%), from €456 to €1,249
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,447 | €474,376 | +€464,929 | +4,921% |
| Current assets | 29/58 | €9,447 | €474,376 | +€464,929 | +4,921% |
| Stocks and contracts in progress | 3 | - | €395,755 | +€395,755 | |
| Stocks | 30/36 | - | €395,755 | +€395,755 | |
| Amounts receivable within one year | 40/41 | €7,911 | €1,912 | -€5,998 | -75.8% |
| Trade receivables | 40 | €7,911 | €0 | -€7,911 | -100% |
| Other amounts receivable | 41 | €0 | €1,912 | +€1,912 | |
| Cash at bank and in hand | 54/58 | €1,536 | €72,061 | +€70,524 | +4,590% |
| Deferred charges and accrued income | 490/1 | €0 | €4,648 | +€4,648 | |
| Total equity and liabilities | 10/49 | €9,447 | €474,376 | +€464,929 | +4,921% |
| Equity | 10/15 | -€8,435 | -€15,508 | -€7,073 | -83.9% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,435 | -€23,508 | -€7,073 | -43.0% |
| Amounts payable | 17/49 | €17,882 | €489,884 | +€472,002 | +2,639% |
| Amounts payable after more than one year | 17 | - | €409,989 | +€409,989 | |
| Financial debts | 170/4 | - | €409,989 | +€409,989 | |
| Amounts payable within one year | 42/48 | €17,882 | €79,896 | +€62,013 | +347% |
| Trade debts | 44 | €773 | €23,400 | +€22,627 | +2,928% |
| Suppliers | 440/4 | €773 | €23,400 | +€22,627 | +2,928% |
| Taxes, remuneration and social security | 45 | €2,358 | €0 | -€2,358 | -100% |
| Taxes | 450/3 | €2,358 | €0 | -€2,358 | -100% |
| Other amounts payable | 47/48 | €14,752 | €56,496 | +€41,744 | +283% |
| Non-recurring operating income | 76A | €7,200 | €0 | -€7,200 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €456 | €1,249 | +€792 | +174% |
| Gross operating margin | 9900 | -€1,104 | -€6,678 | -€5,574 | -505% |
| Operating profit (loss) | 9901 | -€1,560 | -€7,927 | -€6,367 | -408% |
| Financial income | 75/76B | €96 | €3,885 | +€3,790 | +3,960% |
| Recurring financial income | 75 | €96 | €3,885 | +€3,790 | +3,960% |
| Financial charges | 65/66B | €110 | €3,031 | +€2,921 | +2,655% |
| Recurring financial charges | 65 | €110 | €3,031 | +€2,921 | +2,655% |
| Profit (loss) for the period before taxes | 9903 | -€1,575 | -€7,073 | -€5,498 | -349% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€1,575 | -€7,073 | -€5,498 | -349% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,575 | -€7,073 | -€5,498 | -349% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.