Icona: 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.
Icona
Largest movements
- Tangible fixed assets -€87,957
down €87,957 (-14.7%), from €599,955 to €511,998
of which Land and buildings: -€66,926
- Receivables within one year +€71,883
up €71,883 (+94.0%), from €76,475 to €148,358
of which Other amounts receivable: +€71,612
- Cash +€65,688
up €65,688 (+34.4%), from €190,864 to €256,552
mainly Depreciation (+€92,262) and Net result for the year (+€82,476)
- Reserves +€82,453
up €82,453 (+9.7%), from €847,336 to €929,789
- Debts after one year -€39,044
down €39,044 (-18.9%), from €206,650 to €167,606
- Gross operating margin -€19,544
down €19,544 (-8.3%), from €236,321 to €216,777
- Financial income +€4,033
up €4,033 (+53.4%), from €7,548 to €11,581
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 | €1,119,599 | €1,169,630 | +€50,031 | +4.5% |
| Fixed assets | 21/28 | €599,955 | €511,998 | -€87,957 | -14.7% |
| Tangible fixed assets | 22/27 | €599,955 | €511,998 | -€87,957 | -14.7% |
| Land and buildings | 22 | €500,634 | €433,708 | -€66,926 | -13.4% |
| Plant, machinery and equipment | 23 | €2,458 | €3,100 | +€642 | +26.1% |
| Furniture and vehicles | 24 | €96,863 | €75,190 | -€21,672 | -22.4% |
| Current assets | 29/58 | €519,645 | €657,632 | +€137,988 | +26.6% |
| Amounts receivable after more than one year | 29 | €250,000 | €250,000 | = | 0.0% |
| Other amounts receivable | 291 | €250,000 | €250,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €76,475 | €148,358 | +€71,883 | +94.0% |
| Trade receivables | 40 | €27,496 | €27,767 | +€271 | +1.0% |
| Other amounts receivable | 41 | €48,979 | €120,592 | +€71,612 | +146% |
| Cash at bank and in hand | 54/58 | €190,864 | €256,552 | +€65,688 | +34.4% |
| Deferred charges and accrued income | 490/1 | €2,305 | €2,722 | +€417 | +18.1% |
| Total equity and liabilities | 10/49 | €1,119,599 | €1,169,630 | +€50,031 | +4.5% |
| Equity | 10/15 | €865,939 | €948,415 | +€82,476 | +9.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €847,336 | €929,789 | +€82,453 | +9.7% |
| Distributable reserves | 133 | €847,336 | €929,789 | +€82,453 | +9.7% |
| Profit (loss) carried forward | 14 | €53 | €76 | +€23 | +42.5% |
| Amounts payable | 17/49 | €253,660 | €221,215 | -€32,445 | -12.8% |
| Amounts payable after more than one year | 17 | €206,650 | €167,606 | -€39,044 | -18.9% |
| Financial debts | 170/4 | €206,650 | €167,606 | -€39,044 | -18.9% |
| Amounts payable within one year | 42/48 | €46,570 | €53,610 | +€7,039 | +15.1% |
| Current portion of amounts payable after more than one year | 42 | €37,953 | €39,044 | +€1,091 | +2.9% |
| Trade debts | 44 | €1,344 | €2,323 | +€980 | +72.9% |
| Suppliers | 440/4 | €1,344 | €2,323 | +€980 | +72.9% |
| Taxes, remuneration and social security | 45 | €7,273 | €12,242 | +€4,969 | +68.3% |
| Taxes | 450/3 | €4,554 | €9,460 | +€4,906 | +108% |
| Remuneration and social security | 454/9 | €2,719 | €2,783 | +€63 | +2.3% |
| Accrued charges and deferred income | 492/3 | €440 | €0 | -€440 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,945 | €92,262 | +€1,318 | +1.4% |
| Other operating charges | 640/8 | €4,523 | €4,434 | -€89 | -2.0% |
| Gross operating margin | 9900 | €236,321 | €216,777 | -€19,544 | -8.3% |
| Operating profit (loss) | 9901 | €140,854 | €120,081 | -€20,773 | -14.7% |
| Financial income | 75/76B | €7,548 | €11,581 | +€4,033 | +53.4% |
| Recurring financial income | 75 | €7,548 | €11,581 | +€4,033 | +53.4% |
| Financial charges | 65/66B | €9,059 | €8,169 | -€890 | -9.8% |
| Recurring financial charges | 65 | €9,059 | €8,169 | -€890 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €139,344 | €123,494 | -€15,850 | -11.4% |
| Income taxes | 67/77 | €41,091 | €41,018 | -€72 | -0.2% |
| Profit (loss) for the period | 9904 | €98,253 | €82,476 | -€15,777 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €98,253 | €82,476 | -€15,777 | -16.1% |
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 26 October 2026 via checked.be.