Icoris: 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.
Icoris
Largest movements
- Cash +€54,035
up €54,035 (+566.8%), from €9,534 to €63,568
mainly Net result for the year (+€68,201) and Other debts (+€1,331)
- Receivables within one year +€7,953
up €7,953 (+49.7%), from €15,995 to €23,948
of which Trade receivables: +€7,029
- Tangible fixed assets +€2,822
up €2,822 (+188.3%), from €1,499 to €4,321
- Reserves +€68,201
up €68,201 (+419.5%), from €16,259 to €84,460
- Tax, wage and social debts -€3,475
down €3,475 (-53.1%), from €6,544 to €3,069
- Other debts +€1,331
up €1,331 (+869.4%), from €153 to €1,484
- Gross operating margin +€68,111
up €68,111 (+323.3%), from €21,071 to €89,182
- Taxes +€13,884
up €13,884 (+331.2%), from €4,192 to €18,075
- Financial charges +€1,328
up €1,328 (+1549.1%), from €86 to €1,414
- Depreciation +€1,277
up €1,277 (+3368.5%), from €38 to €1,315
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 | €27,028 | €92,362 | +€65,334 | +241.7% |
| Fixed assets | 21/28 | €1,499 | €4,321 | +€2,822 | +188.3% |
| Tangible fixed assets | 22/27 | €1,499 | €4,321 | +€2,822 | +188.3% |
| Furniture and vehicles | 24 | €1,499 | €4,321 | +€2,822 | +188.3% |
| Current assets | 29/58 | €25,529 | €88,041 | +€62,512 | +244.9% |
| Amounts receivable within one year | 40/41 | €15,995 | €23,948 | +€7,953 | +49.7% |
| Trade receivables | 40 | €15,187 | €22,216 | +€7,029 | +46.3% |
| Other amounts receivable | 41 | €808 | €1,733 | +€925 | +114.4% |
| Cash at bank and in hand | 54/58 | €9,534 | €63,568 | +€54,035 | +566.8% |
| Deferred charges and accrued income | 490/1 | - | €524 | +€524 | |
| Total equity and liabilities | 10/49 | €27,028 | €92,362 | +€65,334 | +241.7% |
| Equity | 10/15 | €19,259 | €87,460 | +€68,201 | +354.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,259 | €84,460 | +€68,201 | +419.5% |
| Distributable reserves | 133 | €16,259 | €84,460 | +€68,201 | +419.5% |
| Amounts payable | 17/49 | €7,769 | €4,902 | -€2,867 | -36.9% |
| Amounts payable within one year | 42/48 | €7,769 | €4,902 | -€2,867 | -36.9% |
| Trade debts | 44 | €1,072 | €350 | -€723 | -67.4% |
| Suppliers | 440/4 | €1,072 | €350 | -€723 | -67.4% |
| Taxes, remuneration and social security | 45 | €6,544 | €3,069 | -€3,475 | -53.1% |
| Taxes | 450/3 | €6,544 | €3,069 | -€3,475 | -53.1% |
| Other amounts payable | 47/48 | €153 | €1,484 | +€1,331 | +869.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38 | €1,315 | +€1,277 | +3368.5% |
| Other operating charges | 640/8 | €497 | €178 | -€319 | -64.2% |
| Gross operating margin | 9900 | €21,071 | €89,182 | +€68,111 | +323.3% |
| Operating profit (loss) | 9901 | €20,536 | €87,690 | +€67,154 | +327.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €86 | €1,414 | +€1,328 | +1549.1% |
| Recurring financial charges | 65 | €86 | €1,414 | +€1,328 | +1549.1% |
| Profit (loss) for the period before taxes | 9903 | €20,451 | €86,276 | +€65,826 | +321.9% |
| Income taxes | 67/77 | €4,192 | €18,075 | +€13,884 | +331.2% |
| Profit (loss) for the period | 9904 | €16,259 | €68,201 | +€51,942 | +319.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,259 | €68,201 | +€51,942 | +319.5% |
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 12 October 2026 via checked.be.