ICE INTERNATIONAL: what changed
ICE INTERNATIONAL
Largest movements
- Tangible fixed assets -€249,184
down €249,184 (-5.9%), from €4.2m to €3.9m
of which Land and buildings: -€248,711
- Cash -€93,333
down €93,333 (-89.9%), from €103,841 to €10,509
mainly Debts after one year (-€1.1m) and Net result for the year (-€353,154)
- Debts after one year -€1.1m
down €1.1m (-30.4%), from €3.6m to €2.5m
of which Financial debts: -€1.1m
- Contributions +€1.0m
up €1.0m (+37.8%), from €2.6m to €3.6m
- Profit (loss) carried forward -€353,154
down €353,154 (-15.6%), from -€2.3m to -€2.6m
- Other debts +€69,020
up €69,020 (+21.5%), from €321,569 to €390,589
- Gross operating margin -€94,839
down €94,839, from €93,662 to -€1,177
- Financial charges -€19,924
down €19,924 (-20.1%), from €98,962 to €79,038
- Depreciation +€16,758
up €16,758 (+7.0%), from €238,475 to €255,234
- Other operating charges -€1,260
down €1,260 (-6.6%), from €18,966 to €17,706
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 | €4,323,275 | €3,963,613 | -€359,662 | -8.3% |
| Fixed assets | 21/28 | €4,191,187 | €3,942,004 | -€249,184 | -5.9% |
| Tangible fixed assets | 22/27 | €4,190,187 | €3,941,004 | -€249,184 | -5.9% |
| Land and buildings | 22 | €4,187,963 | €3,939,252 | -€248,711 | -5.9% |
| Plant, machinery and equipment | 23 | €2,224 | €1,752 | -€472 | -21.2% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €132,088 | €21,610 | -€110,478 | -83.6% |
| Amounts receivable within one year | 40/41 | €20,473 | €0 | -€20,473 | -100% |
| Trade receivables | 40 | €20,473 | €0 | -€20,473 | -100% |
| Cash at bank and in hand | 54/58 | €103,841 | €10,509 | -€93,333 | -89.9% |
| Deferred charges and accrued income | 490/1 | €7,774 | €11,101 | +€3,327 | +42.8% |
| Total equity and liabilities | 10/49 | €4,323,275 | €3,963,613 | -€359,662 | -8.3% |
| Equity | 10/15 | €381,861 | €1,028,707 | +€646,846 | +169% |
| Contributions | 10/11 | €2,643,600 | €3,643,600 | +€1.0m | +37.8% |
| Reserves | 13 | €4,360 | €4,360 | = | 0.0% |
| Distributable reserves | 133 | €4,360 | €4,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,266,099 | -€2,619,253 | -€353,154 | -15.6% |
| Amounts payable | 17/49 | €3,941,414 | €2,934,906 | -€1.0m | -25.5% |
| Amounts payable after more than one year | 17 | €3,557,418 | €2,475,855 | -€1.1m | -30.4% |
| Financial debts | 170/4 | €3,555,018 | €2,473,455 | -€1.1m | -30.4% |
| Other amounts payable | 178/9 | €2,400 | €2,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €383,885 | €458,751 | +€74,866 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €60,462 | €61,563 | +€1,101 | +1.8% |
| Trade debts | 44 | €1,854 | €6,600 | +€4,746 | +256% |
| Suppliers | 440/4 | €1,854 | €6,600 | +€4,746 | +256% |
| Other amounts payable | 47/48 | €321,569 | €390,589 | +€69,020 | +21.5% |
| Accrued charges and deferred income | 492/3 | €111 | €300 | +€189 | +170% |
| Non-recurring operating income | 76A | €119,947 | €0 | -€119,947 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €238,475 | €255,234 | +€16,758 | +7.0% |
| Other operating charges | 640/8 | €18,966 | €17,706 | -€1,260 | -6.6% |
| Gross operating margin | 9900 | €93,662 | -€1,177 | -€94,839 | |
| Operating profit (loss) | 9901 | -€163,780 | -€274,116 | -€110,337 | -67.4% |
| Financial charges | 65/66B | €98,962 | €79,038 | -€19,924 | -20.1% |
| Recurring financial charges | 65 | €98,962 | €79,038 | -€19,924 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | -€262,741 | -€353,154 | -€90,413 | -34.4% |
| Profit (loss) for the period | 9904 | -€262,741 | -€353,154 | -€90,413 | -34.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€262,741 | -€353,154 | -€90,413 | -34.4% |
Next steps
Calculation and sources
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 6 November 2026 via checked.be.