Icon Group: 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.
Icon Group
Largest movements
- Cash -€11,600
down €11,600 (-13.5%), from €85,882 to €74,282
mainly Contributions, distributions and other (-€95,281) and Other debts (-€8,208)
- Tangible fixed assets +€4,441
up €4,441 (+118%), from €3,778 to €8,219
of which Other tangible fixed assets: +€6,046
- Other debts -€8,208
down €8,208 (-8.9%), from €92,385 to €84,177
- Tax, wage and social debts +€1,820
up €1,820 (+11.2%), from €16,212 to €18,032
of which Taxes: +€1,815
- Gross operating margin +€7,799
up €7,799 (+6.6%), from €118,860 to €126,658
- Taxes +€1,668
up €1,668 (+6.6%), from €25,255 to €26,923
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 | €109,100 | €103,076 | -€6,024 | -5.5% |
| Fixed assets | 21/28 | €3,778 | €8,219 | +€4,441 | +118% |
| Tangible fixed assets | 22/27 | €3,778 | €8,219 | +€4,441 | +118% |
| Furniture and vehicles | 24 | €2,437 | €831 | -€1,605 | -65.9% |
| Other tangible fixed assets | 26 | €1,341 | €7,388 | +€6,046 | +451% |
| Current assets | 29/58 | €105,322 | €94,857 | -€10,465 | -9.9% |
| Amounts receivable within one year | 40/41 | €18,654 | €19,745 | +€1,091 | +5.8% |
| Trade receivables | 40 | €18,654 | €19,489 | +€835 | +4.5% |
| Other amounts receivable | 41 | - | €255 | +€255 | |
| Cash at bank and in hand | 54/58 | €85,882 | €74,282 | -€11,600 | -13.5% |
| Deferred charges and accrued income | 490/1 | €785 | €830 | +€45 | +5.7% |
| Total equity and liabilities | 10/49 | €109,100 | €103,076 | -€6,024 | -5.5% |
| Equity | 10/15 | €100 | €100 | = | 0.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Amounts payable | 17/49 | €109,000 | €102,976 | -€6,024 | -5.5% |
| Amounts payable within one year | 42/48 | €108,999 | €102,976 | -€6,023 | -5.5% |
| Trade debts | 44 | €402 | €767 | +€365 | +90.8% |
| Suppliers | 440/4 | €402 | €767 | +€365 | +90.8% |
| Taxes, remuneration and social security | 45 | €16,212 | €18,032 | +€1,820 | +11.2% |
| Taxes | 450/3 | €13,582 | €15,397 | +€1,815 | +13.4% |
| Remuneration and social security | 454/9 | €2,630 | €2,635 | +€5 | +0.2% |
| Other amounts payable | 47/48 | €92,385 | €84,177 | -€8,208 | -8.9% |
| Accrued charges and deferred income | 492/3 | €1 | - | -€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,319 | €3,134 | -€185 | -5.6% |
| Other operating charges | 640/8 | €1,688 | €1,216 | -€471 | -27.9% |
| Gross operating margin | 9900 | €118,860 | €126,658 | +€7,799 | +6.6% |
| Operating profit (loss) | 9901 | €113,853 | €122,308 | +€8,455 | +7.4% |
| Financial income | 75/76B | €4 | €0 | -€4 | -98.8% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -98.8% |
| Financial charges | 65/66B | €72 | €104 | +€32 | +44.5% |
| Recurring financial charges | 65 | €72 | €104 | +€32 | +44.5% |
| Profit (loss) for the period before taxes | 9903 | €113,785 | €122,204 | +€8,419 | +7.4% |
| Income taxes | 67/77 | €25,255 | €26,923 | +€1,668 | +6.6% |
| Profit (loss) for the period | 9904 | €88,530 | €95,281 | +€6,751 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €88,530 | €95,281 | +€6,751 | +7.6% |
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.