ICONIX: 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.
ICONIX
Largest movements
- Receivables within one year +€103,895
up €103,895 (+58.9%), from €176,515 to €280,410
of which Trade receivables: +€98,208
- Cash +€16,583
up €16,583 (+86.4%), from €19,194 to €35,777
mainly Trade debts (+€113,320) and Net result for the year (+€36,521)
- Trade debts +€113,320
up €113,320 (+217%), from €52,184 to €165,504
- Other debts -€38,720
down €38,720 (-15.4%), from €251,152 to €212,432
- Profit (loss) carried forward +€36,520
up €36,520 (+25.3%), from -€144,214 to -€107,694
- Tax, wage and social debts +€6,200
up €6,200 (+19.7%), from €31,449 to €37,650
of which Remuneration and social security: +€7,526
- Staff costs -€44,569
down €44,569 (-31.5%), from €141,472 to €96,904
- Gross operating margin +€20,041
up €20,041 (+16.8%), from €118,956 to €138,998
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.
Derived cash bridge
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 | €209,172 | €326,492 | +€117,320 | +56.1% |
| Formation expenses | 20 | - | €1,072 | +€1,072 | |
| Fixed assets | 21/28 | €8,186 | €5,553 | -€2,633 | -32.2% |
| Tangible fixed assets | 22/27 | €8,186 | €5,553 | -€2,633 | -32.2% |
| Land and buildings | 22 | €2,689 | €2,389 | -€300 | -11.2% |
| Furniture and vehicles | 24 | €5,498 | €3,164 | -€2,333 | -42.4% |
| Current assets | 29/58 | €200,985 | €319,867 | +€118,882 | +59.1% |
| Stocks and contracts in progress | 3 | €5,276 | €3,680 | -€1,596 | -30.3% |
| Stocks | 30/36 | €5,276 | €3,680 | -€1,596 | -30.3% |
| Amounts receivable within one year | 40/41 | €176,515 | €280,410 | +€103,895 | +58.9% |
| Trade receivables | 40 | €53,564 | €151,772 | +€98,208 | +183% |
| Other amounts receivable | 41 | €122,951 | €128,638 | +€5,687 | +4.6% |
| Cash at bank and in hand | 54/58 | €19,194 | €35,777 | +€16,583 | +86.4% |
| Total equity and liabilities | 10/49 | €209,172 | €326,492 | +€117,320 | +56.1% |
| Equity | 10/15 | -€125,614 | -€89,094 | +€36,520 | +29.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€144,214 | -€107,694 | +€36,520 | +25.3% |
| Amounts payable | 17/49 | €334,786 | €415,586 | +€80,800 | +24.1% |
| Amounts payable within one year | 42/48 | €334,786 | €415,586 | +€80,800 | +24.1% |
| Trade debts | 44 | €52,184 | €165,504 | +€113,320 | +217% |
| Suppliers | 440/4 | €52,184 | €165,504 | +€113,320 | +217% |
| Taxes, remuneration and social security | 45 | €31,449 | €37,650 | +€6,200 | +19.7% |
| Taxes | 450/3 | €12,197 | €10,871 | -€1,326 | -10.9% |
| Remuneration and social security | 454/9 | €19,252 | €26,778 | +€7,526 | +39.1% |
| Other amounts payable | 47/48 | €251,152 | €212,432 | -€38,720 | -15.4% |
| Remuneration, social security and pensions | 62 | €141,472 | €96,904 | -€44,569 | -31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,802 | €3,161 | +€1,359 | +75.4% |
| Other operating charges | 640/8 | €1,241 | €1,805 | +€563 | +45.4% |
| Gross operating margin | 9900 | €118,956 | €138,998 | +€20,041 | +16.8% |
| Operating profit (loss) | 9901 | -€25,560 | €37,128 | +€62,688 | |
| Financial charges | 65/66B | €756 | €607 | -€149 | -19.7% |
| Recurring financial charges | 65 | €756 | €607 | -€149 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | -€26,316 | €36,521 | +€62,836 | |
| Profit (loss) for the period | 9904 | -€26,316 | €36,521 | +€62,836 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,316 | €36,521 | +€62,836 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.