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ICE TIME: 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.

What changed

ICE TIME

BE 0475.734.817
NACE 93.110, Operation of sports facilities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€18,859
2024 · -€10,537+€29,396
Equity
-€42,604
2024 · -€61,463+€18,859
Cash
€0
2024 · €1,214-€1,214
Balance sheet total
€35,417
2024 · €68,707-€33,290

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€35,729

    down €35,729 (-58.6%), from €60,927 to €25,198

    of which Other amounts receivable: -€35,742

  • Tangible fixed assets +€3,387

    up €3,387 (+95.2%), from €3,559 to €6,946

    of which Furniture and vehicles: +€2,777

  • Cash -€1,214

    down €1,214 (-100.0%), from €1,214 to €0

    mainly Trade debts (-€27,749) and Short-term financial debts (-€22,093)

Equity and liabilities
  • Trade debts -€27,749

    down €27,749 (-43.9%), from €63,193 to €35,444

  • Short-term financial debts -€22,093

    down €22,093 (-40.7%), from €54,263 to €32,170

  • Profit (loss) carried forward +€18,859

    up €18,859 (+23.0%), from -€81,923 to -€63,064

  • Tax, wage and social debts -€6,004

    down €6,004 (-68.9%), from €8,709 to €2,705

    of which Taxes: -€4,750

  • Other debts +€3,782

    up €3,782 (+96.5%), from €3,919 to €7,701

Income statement
  • Gross operating margin +€21,347

    up €21,347 (+392.2%), from €5,443 to €26,790

  • Staff costs -€6,263

    down €6,263 (-99.4%), from €6,302 to €39

  • Other operating charges -€2,243

    down €2,243 (-81.4%), from €2,756 to €513

  • Depreciation -€1,836

    down €1,836 (-47.8%), from €3,843 to €2,007

  • Financial charges +€1,426

    up €1,426 (+36.1%), from €3,946 to €5,372

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€10,537
Gross operating margin +€21,347
Staff costs +€6,263
Depreciation +€1,836
Other operating charges +€2,243
Financial income -€866
Financial charges -€1,426
Result 2025 €18,859

Cash bridge derived

cash 2024 to 2025

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.

From operations +€26,272
Investment -€5,394
Financing -€22,092
Cash 2024 €1,214
Net result for the year +€18,859
Depreciation +€2,007
Receivables within one year +€35,729
Deferred charges and accrued income -€266
Trade debts -€27,749
Tax, wage and social debts -€6,004
Other debts +€3,782
Accrued charges and deferred income -€86
Investment in fixed assets (net) -€5,394
Short-term financial debts -€22,093
Contributions, distributions and other +€0
Cash 2025 €0
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €68,707 €35,417 -€33,290 -48.5%
Fixed assets 21/28 €5,424 €8,811 +€3,387 +62.4%
Tangible fixed assets 22/27 €3,559 €6,946 +€3,387 +95.2%
Plant, machinery and equipment 23 €3,559 €4,169 +€610 +17.1%
Furniture and vehicles 24 - €2,777 +€2,777
Financial fixed assets 28 €1,865 €1,865 -€0 0.0%
Current assets 29/58 €63,283 €26,606 -€36,677 -58.0%
Amounts receivable within one year 40/41 €60,927 €25,198 -€35,729 -58.6%
Trade receivables 40 €763 €777 +€14 +1.8%
Other amounts receivable 41 €60,164 €24,422 -€35,742 -59.4%
Cash at bank and in hand 54/58 €1,214 €0 -€1,214 -100.0%
Deferred charges and accrued income 490/1 €1,142 €1,408 +€266 +23.3%
Total equity and liabilities 10/49 €68,707 €35,417 -€33,290 -48.5%
Equity 10/15 -€61,463 -€42,604 +€18,859 +30.7%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 -€81,923 -€63,064 +€18,859 +23.0%
Amounts payable 17/49 €130,170 €78,021 -€52,149 -40.1%
Amounts payable within one year 42/48 €130,084 €78,021 -€52,063 -40.0%
Financial debts 43 €54,263 €32,170 -€22,093 -40.7%
Credit institutions 430/8 €54,263 €32,170 -€22,093 -40.7%
Trade debts 44 €63,193 €35,444 -€27,749 -43.9%
Suppliers 440/4 €63,193 €35,444 -€27,749 -43.9%
Taxes, remuneration and social security 45 €8,709 €2,705 -€6,004 -68.9%
Taxes 450/3 €4,750 - -€4,750
Remuneration and social security 454/9 €3,959 €2,705 -€1,254 -31.7%
Other amounts payable 47/48 €3,919 €7,701 +€3,782 +96.5%
Accrued charges and deferred income 492/3 €86 - -€86
Remuneration, social security and pensions 62 €6,302 €39 -€6,263 -99.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,843 €2,007 -€1,836 -47.8%
Other operating charges 640/8 €2,756 €513 -€2,243 -81.4%
Gross operating margin 9900 €5,443 €26,790 +€21,347 +392.2%
Operating profit (loss) 9901 -€7,458 €24,231 +€31,689
Financial income 75/76B €867 €1 -€866 -99.9%
Recurring financial income 75 €867 €1 -€866 -99.9%
Financial charges 65/66B €3,946 €5,372 +€1,426 +36.1%
Recurring financial charges 65 €3,946 €5,372 +€1,426 +36.1%
Profit (loss) for the period before taxes 9903 -€10,537 €18,859 +€29,396
Profit (loss) for the period 9904 -€10,537 €18,859 +€29,396
Profit (loss) for the period to be appropriated 9905 -€10,537 €18,859 +€29,396

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.