ICOM: 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.
ICOM
Largest movements
- Cash -€151,501
down €151,501 (-50.5%), from €299,967 to €148,466
mainly Contributions, distributions and other (-€235,294) and Debts after one year (-€42,594)
- Tangible fixed assets -€43,406
down €43,406 (-5.9%), from €730,713 to €687,307
of which Land and buildings: -€33,485
- Profit (loss) carried forward -€144,382
down €144,382 (-61.7%), from €234,137 to €89,755
- Debts after one year -€42,594
down €42,594 (-7.3%), from €586,801 to €544,207
of which Financial debts: -€44,744
- Gross operating margin -€56,423
down €56,423 (-22.5%), from €250,560 to €194,138
- Staff costs -€52,487
down €52,487, from €48,563 to -€3,924
- Other operating charges -€8,773
down €8,773 (-45.5%), from €19,268 to €10,495
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 | €1,088,132 | €895,682 | -€192,450 | -17.7% |
| Fixed assets | 21/28 | €730,813 | €687,407 | -€43,406 | -5.9% |
| Tangible fixed assets | 22/27 | €730,713 | €687,307 | -€43,406 | -5.9% |
| Land and buildings | 22 | €699,442 | €665,957 | -€33,485 | -4.8% |
| Plant, machinery and equipment | 23 | €513 | €2,251 | +€1,738 | +338.6% |
| Furniture and vehicles | 24 | €30,758 | €19,099 | -€11,659 | -37.9% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €357,318 | €208,275 | -€149,043 | -41.7% |
| Amounts receivable within one year | 40/41 | €54,657 | €54,716 | +€59 | +0.1% |
| Trade receivables | 40 | - | €205 | +€205 | |
| Other amounts receivable | 41 | €54,657 | €54,511 | -€146 | -0.3% |
| Cash at bank and in hand | 54/58 | €299,967 | €148,466 | -€151,501 | -50.5% |
| Deferred charges and accrued income | 490/1 | €2,695 | €5,093 | +€2,399 | +89.0% |
| Total equity and liabilities | 10/49 | €1,088,132 | €895,682 | -€192,450 | -17.7% |
| Equity | 10/15 | €416,931 | €272,549 | -€144,382 | -34.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €162,794 | €162,794 | = | 0.0% |
| Distributable reserves | 133 | €162,794 | €162,794 | = | 0.0% |
| Profit (loss) carried forward | 14 | €234,137 | €89,755 | -€144,382 | -61.7% |
| Amounts payable | 17/49 | €671,200 | €623,133 | -€48,068 | -7.2% |
| Amounts payable after more than one year | 17 | €586,801 | €544,207 | -€42,594 | -7.3% |
| Financial debts | 170/4 | €586,801 | €542,057 | -€44,744 | -7.6% |
| Other amounts payable | 178/9 | - | €2,150 | +€2,150 | |
| Amounts payable within one year | 42/48 | €84,399 | €78,926 | -€5,473 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €51,683 | €44,744 | -€6,939 | -13.4% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €1,080 | €607 | -€472 | -43.7% |
| Suppliers | 440/4 | €1,080 | €607 | -€472 | -43.7% |
| Taxes, remuneration and social security | 45 | €6,637 | €8,574 | +€1,938 | +29.2% |
| Taxes | 450/3 | €2,200 | €8,574 | +€6,374 | +289.7% |
| Remuneration and social security | 454/9 | €4,437 | - | -€4,437 | |
| Remuneration, social security and pensions | 62 | €48,563 | -€3,924 | -€52,487 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,713 | €54,208 | +€2,495 | +4.8% |
| Other operating charges | 640/8 | €19,268 | €10,495 | -€8,773 | -45.5% |
| Gross operating margin | 9900 | €250,560 | €194,138 | -€56,423 | -22.5% |
| Operating profit (loss) | 9901 | €131,016 | €133,358 | +€2,342 | +1.8% |
| Financial income | 75/76B | €1,971 | €2,445 | +€474 | +24.1% |
| Recurring financial income | 75 | €1,971 | €2,445 | +€474 | +24.1% |
| Financial charges | 65/66B | €13,735 | €12,607 | -€1,128 | -8.2% |
| Recurring financial charges | 65 | €13,735 | €12,607 | -€1,128 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €119,252 | €123,195 | +€3,944 | +3.3% |
| Income taxes | 67/77 | €30,713 | €32,283 | +€1,570 | +5.1% |
| Profit (loss) for the period | 9904 | €88,538 | €90,912 | +€2,374 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €88,538 | €90,912 | +€2,374 | +2.7% |
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 10 October 2026 via checked.be.