ICE BIRD: 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.
ICE BIRD
Largest movements
- Tangible fixed assets +€36,773
up €36,773 (+1,789%), from €2,055 to €38,828
- Cash -€11,673
down €11,673 (-13.9%), from €84,174 to €72,501
mainly Investment in fixed assets (net) (-€44,949) and Contributions, distributions and other (-€36,043)
- Deferred charges and accrued income +€2,625
up €2,625 (+1,545%), from €170 to €2,795
- Receivables within one year -€2,033
down €2,033 (-10.7%), from €18,967 to €16,934
of which Trade receivables: -€4,362
- Debts after one year +€18,387
new in 2025: €18,387
- Current portion of long-term debt +€11,826
new in 2025: €11,826
- Tax, wage and social debts -€5,451
down €5,451 (-27.7%), from €19,693 to €14,241
- Trade debts +€3,511
up €3,511 (+442%), from €795 to €4,306
- Other debts -€2,581
down €2,581 (-7.7%), from €33,402 to €30,821
- Gross operating margin +€4,695
up €4,695 (+8.8%), from €53,375 to €58,070
- Other operating charges +€1,870
up €1,870 (+193%), from €968 to €2,837
- Depreciation +€1,172
up €1,172 (+16.7%), from €7,005 to €8,177
- Financial charges +€716
up €716 (+473%), from €151 to €867
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 | €105,366 | €131,057 | +€25,692 | +24.4% |
| Fixed assets | 21/28 | €2,055 | €38,828 | +€36,773 | +1,789% |
| Tangible fixed assets | 22/27 | €2,055 | €38,828 | +€36,773 | +1,789% |
| Furniture and vehicles | 24 | €2,055 | €38,828 | +€36,773 | +1,789% |
| Current assets | 29/58 | €103,310 | €92,229 | -€11,081 | -10.7% |
| Amounts receivable within one year | 40/41 | €18,967 | €16,934 | -€2,033 | -10.7% |
| Trade receivables | 40 | €18,967 | €14,605 | -€4,362 | -23.0% |
| Other amounts receivable | 41 | - | €2,329 | +€2,329 | |
| Cash at bank and in hand | 54/58 | €84,174 | €72,501 | -€11,673 | -13.9% |
| Deferred charges and accrued income | 490/1 | €170 | €2,795 | +€2,625 | +1,545% |
| Total equity and liabilities | 10/49 | €105,366 | €131,057 | +€25,692 | +24.4% |
| Equity | 10/15 | €51,476 | €51,476 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €48,476 | €48,476 | = | 0.0% |
| Distributable reserves | 133 | €48,476 | €48,476 | = | 0.0% |
| Amounts payable | 17/49 | €53,889 | €79,581 | +€25,692 | +47.7% |
| Amounts payable after more than one year | 17 | - | €18,387 | +€18,387 | |
| Financial debts | 170/4 | - | €18,387 | +€18,387 | |
| Amounts payable within one year | 42/48 | €53,889 | €61,194 | +€7,305 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | - | €11,826 | +€11,826 | |
| Trade debts | 44 | €795 | €4,306 | +€3,511 | +442% |
| Suppliers | 440/4 | €795 | €4,306 | +€3,511 | +442% |
| Taxes, remuneration and social security | 45 | €19,693 | €14,241 | -€5,451 | -27.7% |
| Taxes | 450/3 | €19,693 | €14,241 | -€5,451 | -27.7% |
| Other amounts payable | 47/48 | €33,402 | €30,821 | -€2,581 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,005 | €8,177 | +€1,172 | +16.7% |
| Other operating charges | 640/8 | €968 | €2,837 | +€1,870 | +193% |
| Gross operating margin | 9900 | €53,375 | €58,070 | +€4,695 | +8.8% |
| Operating profit (loss) | 9901 | €45,403 | €47,056 | +€1,654 | +3.6% |
| Financial income | 75/76B | - | €25 | +€25 | |
| Recurring financial income | 75 | - | €25 | +€25 | |
| Financial charges | 65/66B | €151 | €867 | +€716 | +473% |
| Recurring financial charges | 65 | €151 | €867 | +€716 | +473% |
| Profit (loss) for the period before taxes | 9903 | €45,251 | €46,214 | +€963 | +2.1% |
| Income taxes | 67/77 | €10,275 | €10,171 | -€104 | -1.0% |
| Profit (loss) for the period | 9904 | €34,976 | €36,043 | +€1,067 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,976 | €36,043 | +€1,067 | +3.0% |
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 15 October 2026 via checked.be.