Icura: 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.
Icura
Largest movements
- Cash +€318,837
up €318,837 (+376%), from €84,759 to €403,596
mainly Current investments (+€250,000) and Net result for the year (+€106,670)
- Current investments -€250,000
no longer reported in 2025 (was €250,000)
- Receivables within one year +€23,871
up €23,871 (+160%), from €14,888 to €38,759
of which Trade receivables: +€23,870
- Reserves +€106,670
up €106,670 (+40.2%), from €265,568 to €372,237
- Tax, wage and social debts -€17,385
down €17,385 (-23.9%), from €72,858 to €55,472
of which Taxes: -€17,385
- Gross operating margin +€38,013
up €38,013 (+34.9%), from €108,973 to €146,986
- Taxes +€12,927
up €12,927 (+41.8%), from €30,962 to €43,890
- Financial income +€2,891
up €2,891 (+134%), from €2,157 to €5,048
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 | €351,618 | €443,370 | +€91,751 | +26.1% |
| Fixed assets | 21/28 | €1,905 | €947 | -€958 | -50.3% |
| Tangible fixed assets | 22/27 | €1,905 | €947 | -€958 | -50.3% |
| Furniture and vehicles | 24 | €1,905 | €947 | -€958 | -50.3% |
| Current assets | 29/58 | €349,713 | €442,422 | +€92,709 | +26.5% |
| Amounts receivable within one year | 40/41 | €14,888 | €38,759 | +€23,871 | +160% |
| Trade receivables | 40 | €14,771 | €38,640 | +€23,870 | +162% |
| Other amounts receivable | 41 | €118 | €119 | +€1 | +1.1% |
| Current investments | 50/53 | €250,000 | - | -€250,000 | |
| Cash at bank and in hand | 54/58 | €84,759 | €403,596 | +€318,837 | +376% |
| Deferred charges and accrued income | 490/1 | €66 | €67 | +€1 | +2.0% |
| Total equity and liabilities | 10/49 | €351,618 | €443,370 | +€91,751 | +26.1% |
| Equity | 10/15 | €268,068 | €374,737 | +€106,670 | +39.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €265,568 | €372,237 | +€106,670 | +40.2% |
| Distributable reserves | 133 | €265,568 | €372,237 | +€106,670 | +40.2% |
| Amounts payable | 17/49 | €83,551 | €68,632 | -€14,918 | -17.9% |
| Amounts payable within one year | 42/48 | €83,551 | €68,632 | -€14,918 | -17.9% |
| Trade debts | 44 | €694 | €802 | +€108 | +15.6% |
| Suppliers | 440/4 | €694 | €802 | +€108 | +15.6% |
| Taxes, remuneration and social security | 45 | €72,858 | €55,472 | -€17,385 | -23.9% |
| Taxes | 450/3 | €69,877 | €52,492 | -€17,385 | -24.9% |
| Remuneration and social security | 454/9 | €2,981 | €2,981 | = | 0.0% |
| Other amounts payable | 47/48 | €9,999 | €12,357 | +€2,358 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €958 | €958 | = | 0.0% |
| Other operating charges | 640/8 | €433 | €444 | +€10 | +2.4% |
| Gross operating margin | 9900 | €108,973 | €146,986 | +€38,013 | +34.9% |
| Operating profit (loss) | 9901 | €107,582 | €145,584 | +€38,002 | +35.3% |
| Financial income | 75/76B | €2,157 | €5,048 | +€2,891 | +134% |
| Recurring financial income | 75 | €2,157 | €5,048 | +€2,891 | +134% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.4% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €109,672 | €150,560 | +€40,888 | +37.3% |
| Income taxes | 67/77 | €30,962 | €43,890 | +€12,927 | +41.8% |
| Profit (loss) for the period | 9904 | €78,709 | €106,670 | +€27,961 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €78,709 | €106,670 | +€27,961 | +35.5% |
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 24 October 2026 via checked.be.