ICON: what changed
ICON
Largest movements
- Cash +€49,233
up €49,233 (+273%), from €18,054 to €67,287
mainly Other debts (+€177,379) and Net result for the year (+€64,249)
- Tangible fixed assets -€21,901
down €21,901 (-5.6%), from €388,865 to €366,964
of which Land and buildings: -€18,789
- Deferred charges and accrued income -€6,938
down €6,938 (-24.3%), from €28,515 to €21,577
- Intangible fixed assets +€6,816
up €6,816, from €0 to €6,816
- Receivables within one year +€6,103
up €6,103 (+11.2%), from €54,410 to €60,514
of which Trade receivables: +€17,401
- Other debts +€177,379
up €177,379 (+1,407%), from €12,611 to €189,989
- Reserves -€122,815
down €122,815 (-100%), from €122,815 to €0
- Debts after one year -€21,395
down €21,395 (-7.2%), from €296,625 to €275,230
- Trade debts -€9,074
down €9,074 (-52.7%), from €17,220 to €8,146
- Tax, wage and social debts +€9,020
up €9,020, from €0 to €9,020
- Gross operating margin +€93,410
up €93,410 (+312%), from €29,976 to €123,386
- Taxes +€13,297
up €13,297 (+5,591%), from €238 to €13,534
- Financial charges -€2,906
down €2,906 (-19.1%), from €15,236 to €12,330
- Depreciation -€1,726
down €1,726 (-5.6%), from €30,995 to €29,269
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €489,844 | €523,157 | +€33,313 | +6.8% |
| Fixed assets | 21/28 | €388,865 | €373,780 | -€15,085 | -3.9% |
| Intangible fixed assets | 21 | €0 | €6,816 | +€6,816 | |
| Tangible fixed assets | 22/27 | €388,865 | €366,964 | -€21,901 | -5.6% |
| Land and buildings | 22 | €339,066 | €320,277 | -€18,789 | -5.5% |
| Plant, machinery and equipment | 23 | €1,762 | €8,100 | +€6,337 | +360% |
| Furniture and vehicles | 24 | €40,225 | €32,844 | -€7,380 | -18.3% |
| Other tangible fixed assets | 26 | €7,812 | €5,743 | -€2,069 | -26.5% |
| Current assets | 29/58 | €100,979 | €149,377 | +€48,398 | +47.9% |
| Amounts receivable within one year | 40/41 | €54,410 | €60,514 | +€6,103 | +11.2% |
| Trade receivables | 40 | €40,063 | €57,463 | +€17,401 | +43.4% |
| Other amounts receivable | 41 | €14,348 | €3,050 | -€11,297 | -78.7% |
| Cash at bank and in hand | 54/58 | €18,054 | €67,287 | +€49,233 | +273% |
| Deferred charges and accrued income | 490/1 | €28,515 | €21,577 | -€6,938 | -24.3% |
| Total equity and liabilities | 10/49 | €489,844 | €523,157 | +€33,313 | +6.8% |
| Equity | 10/15 | €141,365 | €18,550 | -€122,815 | -86.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €122,815 | €0 | -€122,815 | -100% |
| Distributable reserves | 133 | €122,815 | €0 | -€122,815 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €348,479 | €504,607 | +€156,128 | +44.8% |
| Amounts payable after more than one year | 17 | €296,625 | €275,230 | -€21,395 | -7.2% |
| Financial debts | 170/4 | €296,625 | €275,230 | -€21,395 | -7.2% |
| Amounts payable within one year | 42/48 | €51,854 | €229,377 | +€177,523 | +342% |
| Current portion of amounts payable after more than one year | 42 | €20,614 | €21,395 | +€780 | +3.8% |
| Financial debts | 43 | €1,409 | €826 | -€583 | -41.4% |
| Credit institutions | 430/8 | €1,409 | €826 | -€583 | -41.4% |
| Trade debts | 44 | €17,220 | €8,146 | -€9,074 | -52.7% |
| Suppliers | 440/4 | €17,220 | €8,146 | -€9,074 | -52.7% |
| Taxes, remuneration and social security | 45 | €0 | €9,020 | +€9,020 | |
| Taxes | 450/3 | €0 | €9,020 | +€9,020 | |
| Other amounts payable | 47/48 | €12,611 | €189,989 | +€177,379 | +1,407% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,995 | €29,269 | -€1,726 | -5.6% |
| Other operating charges | 640/8 | €4,336 | €4,010 | -€326 | -7.5% |
| Gross operating margin | 9900 | €29,976 | €123,386 | +€93,410 | +312% |
| Operating profit (loss) | 9901 | -€5,355 | €90,107 | +€95,462 | |
| Financial income | 75/76B | €67 | €6 | -€61 | -90.7% |
| Recurring financial income | 75 | €67 | €6 | -€61 | -90.7% |
| Financial charges | 65/66B | €15,236 | €12,330 | -€2,906 | -19.1% |
| Recurring financial charges | 65 | €15,236 | €12,330 | -€2,906 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,524 | €77,783 | +€98,308 | |
| Income taxes | 67/77 | €238 | €13,534 | +€13,297 | +5,591% |
| Profit (loss) for the period | 9904 | -€20,762 | €64,249 | +€85,011 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,762 | €64,249 | +€85,011 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.