ICONV: 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.
ICONV
Largest movements
- Receivables within one year -€4,263
down €4,263 (-19.0%), from €22,406 to €18,143
of which Other amounts receivable: -€5,638
- Cash -€1,387
no longer reported in 2025 (was €1,387)
mainly Net result for the year (-€42,993)
- Profit (loss) carried forward -€42,993
down €42,993 (-15.4%), from -€278,640 to -€321,633
- Other debts +€29,155
up €29,155 (+21.2%), from €137,829 to €166,983
- Trade debts +€5,893
up €5,893 (+99.9%), from €5,898 to €11,792
- Short-term financial debts +€2,070
up €2,070 (+16.4%), from €12,652 to €14,722
- Financial charges -€2,722
down €2,722 (-60.2%), from €4,519 to €1,797
- Financial income +€1,268
up €1,268 (+535.3%), from €237 to €1,505
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 | €28,264 | €22,389 | -€5,875 | -20.8% |
| Fixed assets | 21/28 | €4,387 | €4,246 | -€141 | -3.2% |
| Tangible fixed assets | 22/27 | €141 | €0 | -€141 | -100.0% |
| Land and buildings | 22 | €141 | €0 | -€141 | -100.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €4,246 | €4,246 | = | 0.0% |
| Current assets | 29/58 | €23,877 | €18,143 | -€5,734 | -24.0% |
| Amounts receivable within one year | 40/41 | €22,406 | €18,143 | -€4,263 | -19.0% |
| Trade receivables | 40 | €15,702 | €17,077 | +€1,375 | +8.8% |
| Other amounts receivable | 41 | €6,704 | €1,066 | -€5,638 | -84.1% |
| Cash at bank and in hand | 54/58 | €1,387 | - | -€1,387 | |
| Deferred charges and accrued income | 490/1 | €84 | €0 | -€84 | -100.0% |
| Total equity and liabilities | 10/49 | €28,264 | €22,389 | -€5,875 | -20.8% |
| Equity | 10/15 | -€152,370 | -€195,363 | -€42,993 | -28.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €107,670 | €107,670 | = | 0.0% |
| Distributable reserves | 133 | €107,670 | €107,670 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€278,640 | -€321,633 | -€42,993 | -15.4% |
| Amounts payable | 17/49 | €180,634 | €217,752 | +€37,118 | +20.5% |
| Amounts payable after more than one year | 17 | €24,255 | €24,255 | = | 0.0% |
| Other amounts payable | 178/9 | €24,255 | €24,255 | = | 0.0% |
| Amounts payable within one year | 42/48 | €156,379 | €193,497 | +€37,118 | +23.7% |
| Financial debts | 43 | €12,652 | €14,722 | +€2,070 | +16.4% |
| Credit institutions | 430/8 | €12,652 | €14,722 | +€2,070 | +16.4% |
| Trade debts | 44 | €5,898 | €11,792 | +€5,893 | +99.9% |
| Suppliers | 440/4 | €5,898 | €11,792 | +€5,893 | +99.9% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €137,829 | €166,983 | +€29,155 | +21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121 | €141 | +€20 | +16.6% |
| Other operating charges | 640/8 | €395 | €400 | +€5 | +1.2% |
| Gross operating margin | 9900 | -€41,902 | -€42,160 | -€258 | -0.6% |
| Operating profit (loss) | 9901 | -€42,418 | -€42,701 | -€283 | -0.7% |
| Financial income | 75/76B | €237 | €1,505 | +€1,268 | +535.3% |
| Recurring financial income | 75 | €237 | €1,505 | +€1,268 | +535.3% |
| Financial charges | 65/66B | €4,519 | €1,797 | -€2,722 | -60.2% |
| Recurring financial charges | 65 | €4,519 | €1,797 | -€2,722 | -60.2% |
| Profit (loss) for the period before taxes | 9903 | -€46,700 | -€42,993 | +€3,707 | +7.9% |
| Income taxes | 67/77 | €237 | - | -€237 | |
| Profit (loss) for the period | 9904 | -€46,937 | -€42,993 | +€3,944 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,937 | -€42,993 | +€3,944 | +8.4% |
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 9 October 2026 via checked.be.