I.G.H.: 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.
I.G.H.
Largest movements
- Receivables within one year -€5,940
no longer reported in 2025 (was €5,940)
- Cash +€103
up €103 (+892%), from €12 to €114
mainly Receivables within one year (+€5,940) and Trade debts (+€1,372)
- Profit (loss) carried forward -€5,462
down €5,462 (-4.7%), from -€116,245 to -€121,707
- Other debts -€1,747
down €1,747 (-5.8%), from €30,354 to €28,607
- Trade debts +€1,372
up €1,372 (+150%), from €917 to €2,289
- Gross operating margin -€4,774
down €4,774 (-2,784%), from -€171 to -€4,946
- Financial charges -€1,004
down €1,004 (-66.0%), from €1,521 to €517
- Other operating charges -€535
no longer reported in 2025 (was €535)
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 | €5,952 | €114 | -€5,837 | -98.1% |
| Current assets | 29/58 | €5,952 | €114 | -€5,837 | -98.1% |
| Amounts receivable within one year | 40/41 | €5,940 | - | -€5,940 | |
| Other amounts receivable | 41 | €5,940 | - | -€5,940 | |
| Cash at bank and in hand | 54/58 | €12 | €114 | +€103 | +892% |
| Total equity and liabilities | 10/49 | €5,952 | €114 | -€5,837 | -98.1% |
| Equity | 10/15 | -€57,653 | -€63,115 | -€5,462 | -9.5% |
| Contributions | 10/11 | €58,592 | €58,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€116,245 | -€121,707 | -€5,462 | -4.7% |
| Amounts payable | 17/49 | €63,604 | €63,229 | -€375 | -0.6% |
| Amounts payable within one year | 42/48 | €63,604 | €63,229 | -€375 | -0.6% |
| Trade debts | 44 | €917 | €2,289 | +€1,372 | +150% |
| Suppliers | 440/4 | €917 | €2,289 | +€1,372 | +150% |
| Taxes, remuneration and social security | 45 | €32,333 | €32,333 | = | 0.0% |
| Taxes | 450/3 | €32,333 | €32,333 | = | 0.0% |
| Other amounts payable | 47/48 | €30,354 | €28,607 | -€1,747 | -5.8% |
| Other operating charges | 640/8 | €535 | - | -€535 | |
| Gross operating margin | 9900 | -€171 | -€4,946 | -€4,774 | -2,784% |
| Operating profit (loss) | 9901 | -€706 | -€4,946 | -€4,239 | -600% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €1,521 | €517 | -€1,004 | -66.0% |
| Recurring financial charges | 65 | €1,521 | €517 | -€1,004 | -66.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,218 | -€5,462 | -€3,244 | -146% |
| Profit (loss) for the period | 9904 | -€2,218 | -€5,462 | -€3,244 | -146% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,218 | -€5,462 | -€3,244 | -146% |
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 29 October 2026 via checked.be.