ICELUS: 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.
ICELUS
Largest movements
- Receivables within one year -€22,968
down €22,968 (-26.0%), from €88,249 to €65,281
of which Other amounts receivable: -€32,436
- Tax, wage and social debts -€51,617
down €51,617 (-74.5%), from €69,284 to €17,667
of which Taxes: -€50,582
- Debts after one year +€28,587
up €28,587 (+13.4%), from €213,000 to €241,587
- Gross operating margin -€19,942
down €19,942 (-84.7%), from €23,548 to €3,606
- Taxes -€6,633
down €6,633 (-98.8%), from €6,713 to €80
- Financial charges +€3,610
up €3,610 (+511.3%), from €706 to €4,316
- Other operating charges +€1,487
up €1,487 (+105.5%), from €1,410 to €2,897
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 | €411,425 | €388,194 | -€23,231 | -5.6% |
| Fixed assets | 21/28 | €322,454 | €322,454 | = | 0.0% |
| Financial fixed assets | 28 | €322,454 | €322,454 | = | 0.0% |
| Current assets | 29/58 | €88,971 | €65,740 | -€23,231 | -26.1% |
| Amounts receivable within one year | 40/41 | €88,249 | €65,281 | -€22,968 | -26.0% |
| Trade receivables | 40 | €22,249 | €31,717 | +€9,468 | +42.6% |
| Other amounts receivable | 41 | €66,000 | €33,564 | -€32,436 | -49.1% |
| Cash at bank and in hand | 54/58 | €722 | €251 | -€471 | -65.2% |
| Deferred charges and accrued income | 490/1 | - | €208 | +€208 | |
| Total equity and liabilities | 10/49 | €411,425 | €388,194 | -€23,231 | -5.6% |
| Equity | 10/15 | €122,933 | €119,246 | -€3,687 | -3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,473 | €98,786 | -€3,687 | -3.6% |
| Amounts payable | 17/49 | €288,492 | €268,948 | -€19,544 | -6.8% |
| Amounts payable after more than one year | 17 | €213,000 | €241,587 | +€28,587 | +13.4% |
| Other amounts payable | 178/9 | €213,000 | €241,587 | +€28,587 | +13.4% |
| Amounts payable within one year | 42/48 | €75,492 | €27,361 | -€48,131 | -63.8% |
| Trade debts | 44 | €6,208 | €9,694 | +€3,486 | +56.2% |
| Suppliers | 440/4 | €6,208 | €9,694 | +€3,486 | +56.2% |
| Taxes, remuneration and social security | 45 | €69,284 | €17,667 | -€51,617 | -74.5% |
| Taxes | 450/3 | €66,812 | €16,230 | -€50,582 | -75.7% |
| Remuneration and social security | 454/9 | €2,472 | €1,437 | -€1,035 | -41.9% |
| Non-recurring operating income | 76A | - | €724 | +€724 | |
| Other operating charges | 640/8 | €1,410 | €2,897 | +€1,487 | +105.5% |
| Gross operating margin | 9900 | €23,548 | €3,606 | -€19,942 | -84.7% |
| Operating profit (loss) | 9901 | €22,138 | €709 | -€21,429 | -96.8% |
| Financial charges | 65/66B | €706 | €4,316 | +€3,610 | +511.3% |
| Recurring financial charges | 65 | €706 | €4,316 | +€3,610 | +511.3% |
| Profit (loss) for the period before taxes | 9903 | €21,432 | -€3,607 | -€25,039 | |
| Income taxes | 67/77 | €6,713 | €80 | -€6,633 | -98.8% |
| Profit (loss) for the period | 9904 | €14,719 | -€3,687 | -€18,406 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,719 | -€3,687 | -€18,406 |
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 8 October 2026 via checked.be.