Iconic Estates: what changed
Two fiscal 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.
Iconic Estates
Largest movements
- Tangible fixed assets +€533,115
up €533,115 (+3071.4%), from €17,357 to €550,473
of which Land and buildings: +€501,059
- Receivables within one year -€184,698
down €184,698 (-95.7%), from €193,073 to €8,375
of which Other amounts receivable: -€171,371
- Other debts +€355,218
up €355,218 (+624.2%), from €56,907 to €412,126
- Profit (loss) carried forward -€6,105
down €6,105 (-12.8%), from €47,825 to €41,719
- Gross operating margin -€79,995
down €79,995 (-91.6%), from €87,358 to €7,362
- Taxes -€12,702
no longer reported in 2024 (was €12,702)
- Depreciation +€6,342
new in 2024: €6,342
- Financial charges +€5,725
up €5,725 (+2593.7%), from €221 to €5,946
- Other operating charges -€1,246
down €1,246 (-24.6%), from €5,066 to €3,820
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €212,842 | €560,000 | +€347,158 | +163.1% |
| Fixed assets | 21/28 | €17,357 | €550,473 | +€533,115 | +3071.4% |
| Tangible fixed assets | 22/27 | €17,357 | €550,473 | +€533,115 | +3071.4% |
| Land and buildings | 22 | €17,357 | €518,417 | +€501,059 | +2886.7% |
| Assets under construction and advance payments | 27 | - | €32,056 | +€32,056 | |
| Current assets | 29/58 | €195,485 | €9,528 | -€185,957 | -95.1% |
| Amounts receivable within one year | 40/41 | €193,073 | €8,375 | -€184,698 | -95.7% |
| Trade receivables | 40 | €13,327 | - | -€13,327 | |
| Other amounts receivable | 41 | €179,746 | €8,375 | -€171,371 | -95.3% |
| Cash at bank and in hand | 54/58 | €2,262 | €1,153 | -€1,110 | -49.1% |
| Deferred charges and accrued income | 490/1 | €149 | - | -€149 | |
| Total equity and liabilities | 10/49 | €212,842 | €560,000 | +€347,158 | +163.1% |
| Equity | 10/15 | €115,832 | €109,630 | -€6,202 | -5.4% |
| Contributions | 10/11 | €9,155 | €9,155 | = | 0.0% |
| Reserves | 13 | €58,852 | €58,756 | -€96 | -0.2% |
| Tax-exempt reserves | 132 | €58,852 | €58,756 | -€96 | -0.2% |
| Profit (loss) carried forward | 14 | €47,825 | €41,719 | -€6,105 | -12.8% |
| Provisions and deferred taxes | 16 | €19,617 | €19,585 | -€32 | -0.2% |
| Deferred taxes | 168 | €19,617 | €19,585 | -€32 | -0.2% |
| Amounts payable | 17/49 | €77,393 | €430,785 | +€353,392 | +456.6% |
| Amounts payable after more than one year | 17 | €2,880 | €2,880 | = | 0.0% |
| Other amounts payable | 178/9 | €2,880 | €2,880 | = | 0.0% |
| Amounts payable within one year | 42/48 | €74,513 | €427,905 | +€353,392 | +474.3% |
| Trade debts | 44 | €4,903 | €3,077 | -€1,826 | -37.2% |
| Suppliers | 440/4 | €4,903 | €3,077 | -€1,826 | -37.2% |
| Taxes, remuneration and social security | 45 | €12,702 | €12,702 | = | 0.0% |
| Taxes | 450/3 | €12,702 | €12,702 | = | 0.0% |
| Other amounts payable | 47/48 | €56,907 | €412,126 | +€355,218 | +624.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,342 | +€6,342 | |
| Other operating charges | 640/8 | €5,066 | €3,820 | -€1,246 | -24.6% |
| Gross operating margin | 9900 | €87,358 | €7,362 | -€79,995 | -91.6% |
| Operating profit (loss) | 9901 | €82,292 | -€2,799 | -€85,091 | |
| Financial income | 75/76B | €2,393 | €2,511 | +€118 | +4.9% |
| Recurring financial income | 75 | €2,393 | €2,511 | +€118 | +4.9% |
| Financial charges | 65/66B | €221 | €5,946 | +€5,725 | +2593.7% |
| Recurring financial charges | 65 | €221 | €5,946 | +€5,725 | +2593.7% |
| Profit (loss) for the period before taxes | 9903 | €84,464 | -€6,234 | -€90,698 | |
| Transfer from deferred taxes | 780 | €41,037 | €32 | -€41,005 | -99.9% |
| Transfer to deferred taxes | 680 | €19,617 | - | -€19,617 | |
| Income taxes | 67/77 | €12,702 | - | -€12,702 | |
| Profit (loss) for the period | 9904 | €93,181 | -€6,202 | -€99,383 | |
| Transfer from tax-exempt reserves | 789 | - | €96 | +€96 | |
| Transfer to tax-exempt reserves | 689 | €58,852 | - | -€58,852 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,329 | -€6,105 | -€40,434 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.