ICM HOLDING: 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.
ICM HOLDING
Largest movements
- Receivables within one year +€236,575
up €236,575 (+18.5%), from €1.3m to €1.5m
of which Other amounts receivable: +€272,875
- Tangible fixed assets -€65,985
down €65,985 (-17.3%), from €380,840 to €314,855
of which Land and buildings: -€64,476
- Reserves +€180,858
up €180,858 (+9.0%), from €2.0m to €2.2m
of which Distributable reserves: +€180,858
- Other debts +€54,850
up €54,850 (+7.2%), from €760,833 to €815,684
- Debts after one year -€45,007
down €45,007 (-42.9%), from €104,807 to €59,800
- Financial income +€147,552
up €147,552 (+131%), from €112,439 to €259,991
- Gross operating margin -€15,591
down €15,591 (-18.3%), from €85,023 to €69,432
- Financial charges +€10,975
up €10,975 (+34.0%), from €32,271 to €43,245
- Taxes +€8,746
up €8,746 (+41.1%), from €21,290 to €30,036
- Other operating charges -€1,407
down €1,407 (-13.2%), from €10,665 to €9,258
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 | €3,099,131 | €3,276,053 | +€176,922 | +5.7% |
| Fixed assets | 21/28 | €802,853 | €736,869 | -€65,985 | -8.2% |
| Tangible fixed assets | 22/27 | €380,840 | €314,855 | -€65,985 | -17.3% |
| Land and buildings | 22 | €378,982 | €314,506 | -€64,476 | -17.0% |
| Furniture and vehicles | 24 | €1,858 | €350 | -€1,508 | -81.2% |
| Financial fixed assets | 28 | €422,013 | €422,013 | = | 0.0% |
| Current assets | 29/58 | €2,296,277 | €2,539,184 | +€242,907 | +10.6% |
| Amounts receivable after more than one year | 29 | €1,000,000 | €1,000,000 | = | 0.0% |
| Other amounts receivable | 291 | €1,000,000 | €1,000,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,281,158 | €1,517,732 | +€236,575 | +18.5% |
| Trade receivables | 40 | €36,300 | €0 | -€36,300 | -100% |
| Other amounts receivable | 41 | €1,244,858 | €1,517,732 | +€272,875 | +21.9% |
| Cash at bank and in hand | 54/58 | €8,427 | €1,925 | -€6,502 | -77.2% |
| Deferred charges and accrued income | 490/1 | €6,693 | €19,527 | +€12,834 | +192% |
| Total equity and liabilities | 10/49 | €3,099,131 | €3,276,053 | +€176,922 | +5.7% |
| Equity | 10/15 | €2,069,610 | €2,250,440 | +€180,829 | +8.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,007,610 | €2,188,468 | +€180,858 | +9.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €2,001,410 | €2,182,268 | +€180,858 | +9.0% |
| Profit (loss) carried forward | 14 | - | -€29 | -€29 | |
| Amounts payable | 17/49 | €1,029,520 | €1,025,613 | -€3,907 | -0.4% |
| Amounts payable after more than one year | 17 | €104,807 | €59,800 | -€45,007 | -42.9% |
| Financial debts | 170/4 | €104,807 | €59,800 | -€45,007 | -42.9% |
| Amounts payable within one year | 42/48 | €911,910 | €946,719 | +€34,810 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €42,632 | €45,007 | +€2,375 | +5.6% |
| Financial debts | 43 | €36,250 | €39,540 | +€3,290 | +9.1% |
| Credit institutions | 430/8 | €36,250 | €39,540 | +€3,290 | +9.1% |
| Trade debts | 44 | €39,789 | €23,720 | -€16,069 | -40.4% |
| Suppliers | 440/4 | €39,789 | €23,720 | -€16,069 | -40.4% |
| Taxes, remuneration and social security | 45 | €32,405 | €22,769 | -€9,636 | -29.7% |
| Taxes | 450/3 | €32,405 | €22,769 | -€9,636 | -29.7% |
| Other amounts payable | 47/48 | €760,833 | €815,684 | +€54,850 | +7.2% |
| Accrued charges and deferred income | 492/3 | €12,804 | €19,094 | +€6,290 | +49.1% |
| Non-recurring operating income | 76A | €799 | €0 | -€799 | -100% |
| Remuneration, social security and pensions | 62 | - | €69 | +€69 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,790 | €65,985 | +€194 | +0.3% |
| Other operating charges | 640/8 | €10,665 | €9,258 | -€1,407 | -13.2% |
| Gross operating margin | 9900 | €85,023 | €69,432 | -€15,591 | -18.3% |
| Operating profit (loss) | 9901 | €8,568 | -€5,880 | -€14,448 | |
| Financial income | 75/76B | €112,439 | €259,991 | +€147,552 | +131% |
| Recurring financial income | 75 | €112,439 | €259,991 | +€147,552 | +131% |
| Financial charges | 65/66B | €32,271 | €43,245 | +€10,975 | +34.0% |
| Recurring financial charges | 65 | €32,271 | €43,245 | +€10,975 | +34.0% |
| Profit (loss) for the period before taxes | 9903 | €88,736 | €210,866 | +€122,129 | +138% |
| Income taxes | 67/77 | €21,290 | €30,036 | +€8,746 | +41.1% |
| Profit (loss) for the period | 9904 | €67,446 | €180,829 | +€113,383 | +168% |
| Profit (loss) for the period to be appropriated | 9905 | €67,446 | €180,829 | +€113,383 | +168% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.