iClinique: 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.
iClinique
Largest movements
- Financial fixed assets -€488,961
down €488,961 (-96.1%), from €508,579 to €19,618
- Intangible fixed assets +€248,168
up €248,168 (+18,513%), from €1,341 to €249,508
- Receivables within one year -€44,209
down €44,209 (-30.8%), from €143,666 to €99,457
of which Trade receivables: -€67,749
- Stocks and contracts -€23,122
down €23,122 (-16.9%), from €136,428 to €113,306
- Cash +€17,113
up €17,113 (+33.0%), from €51,930 to €69,043
mainly Investment in fixed assets (net) (+€214,596) and Tax, wage and social debts (+€58,414)
- Other debts -€175,517
down €175,517 (-81.8%), from €214,452 to €38,936
- Profit (loss) carried forward -€104,437
down €104,437, from €47,029 to -€57,409
- Tax, wage and social debts +€58,414
up €58,414 (+149%), from €39,307 to €97,721
of which Remuneration and social security: +€36,830
- Debts after one year -€52,697
down €52,697 (-21.0%), from €251,289 to €198,592
- Current portion of long-term debt -€13,018
down €13,018 (-14.0%), from €93,118 to €80,100
- Staff costs +€285,274
up €285,274 (+143%), from €199,406 to €484,680
- Gross operating margin +€143,691
up €143,691 (+58.7%), from €244,643 to €388,335
- Financial income +€32,491
up €32,491 (+6,534%), from €497 to €32,988
of which Financial income: +€23,062
- Depreciation +€15,642
up €15,642 (+400%), from €3,909 to €19,551
- Taxes -€12,825
down €12,825, from €8,210 to -€4,615
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 | €846,780 | €561,811 | -€284,969 | -33.7% |
| Fixed assets | 21/28 | €511,174 | €277,028 | -€234,147 | -45.8% |
| Intangible fixed assets | 21 | €1,341 | €249,508 | +€248,168 | +18,513% |
| Tangible fixed assets | 22/27 | €1,255 | €7,901 | +€6,646 | +530% |
| Furniture and vehicles | 24 | €1,255 | €7,050 | +€5,795 | +462% |
| Other tangible fixed assets | 26 | - | €851 | +€851 | |
| Financial fixed assets | 28 | €508,579 | €19,618 | -€488,961 | -96.1% |
| Current assets | 29/58 | €335,606 | €284,784 | -€50,822 | -15.1% |
| Stocks and contracts in progress | 3 | €136,428 | €113,306 | -€23,122 | -16.9% |
| Stocks | 30/36 | €136,428 | €113,306 | -€23,122 | -16.9% |
| Amounts receivable within one year | 40/41 | €143,666 | €99,457 | -€44,209 | -30.8% |
| Trade receivables | 40 | €125,714 | €57,965 | -€67,749 | -53.9% |
| Other amounts receivable | 41 | €17,952 | €41,493 | +€23,541 | +131% |
| Cash at bank and in hand | 54/58 | €51,930 | €69,043 | +€17,113 | +33.0% |
| Deferred charges and accrued income | 490/1 | €3,582 | €2,978 | -€604 | -16.9% |
| Total equity and liabilities | 10/49 | €846,780 | €561,811 | -€284,969 | -33.7% |
| Equity | 10/15 | €112,767 | €8,329 | -€104,437 | -92.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,138 | €47,138 | = | 0.0% |
| Distributable reserves | 133 | €47,138 | €47,138 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,029 | -€57,409 | -€104,437 | |
| Provisions and deferred taxes | 16 | €26,772 | €26,772 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €26,772 | €26,772 | = | 0.0% |
| Environmental obligations | 163 | - | €26,772 | +€26,772 | |
| Other liabilities and charges | 164/5 | €26,772 | - | -€26,772 | |
| Amounts payable | 17/49 | €707,242 | €526,710 | -€180,532 | -25.5% |
| Amounts payable after more than one year | 17 | €251,289 | €198,592 | -€52,697 | -21.0% |
| Financial debts | 170/4 | €251,289 | €198,592 | -€52,697 | -21.0% |
| Amounts payable within one year | 42/48 | €453,395 | €327,955 | -€125,440 | -27.7% |
| Current portion of amounts payable after more than one year | 42 | €93,118 | €80,100 | -€13,018 | -14.0% |
| Financial debts | 43 | €12,350 | €10,060 | -€2,290 | -18.5% |
| Credit institutions | 430/8 | €12,350 | €10,060 | -€2,290 | -18.5% |
| Trade debts | 44 | €94,168 | €101,139 | +€6,971 | +7.4% |
| Suppliers | 440/4 | €94,168 | €101,139 | +€6,971 | +7.4% |
| Taxes, remuneration and social security | 45 | €39,307 | €97,721 | +€58,414 | +149% |
| Taxes | 450/3 | €16,209 | €37,794 | +€21,584 | +133% |
| Remuneration and social security | 454/9 | €23,097 | €59,927 | +€36,830 | +159% |
| Other amounts payable | 47/48 | €214,452 | €38,936 | -€175,517 | -81.8% |
| Accrued charges and deferred income | 492/3 | €2,558 | €163 | -€2,395 | -93.6% |
| Remuneration, social security and pensions | 62 | €199,406 | €484,680 | +€285,274 | +143% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,909 | €19,551 | +€15,642 | +400% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €1,946 | +€1,946 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €8,106 | - | -€8,106 | |
| Other operating charges | 640/8 | €738 | €2,174 | +€1,436 | +195% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €244,643 | €388,335 | +€143,691 | +58.7% |
| Operating profit (loss) | 9901 | €32,484 | -€120,017 | -€152,501 | |
| Financial income | 75/76B | €497 | €32,988 | +€32,491 | +6,534% |
| Recurring financial income | 75 | €497 | €23,559 | +€23,062 | +4,638% |
| Non-recurring financial income | 76B | - | €9,429 | +€9,429 | |
| Financial charges | 65/66B | €16,287 | €22,024 | +€5,736 | +35.2% |
| Recurring financial charges | 65 | €16,287 | €22,024 | +€5,736 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | €16,694 | -€109,052 | -€125,746 | |
| Income taxes | 67/77 | €8,210 | -€4,615 | -€12,825 | |
| Profit (loss) for the period | 9904 | €8,484 | -€104,437 | -€112,921 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,484 | -€104,437 | -€112,921 |
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 16 October 2026 via checked.be.