IG BEAUTY: 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.
IG BEAUTY
Largest movements
- Tangible fixed assets +€23,092
up €23,092 (+298%), from €7,756 to €30,847
of which Plant, machinery and equipment: +€23,335
- Cash +€9,258
up €9,258 (+46.1%), from €20,082 to €29,341
mainly Debts after one year (+€14,878) and Current portion of long-term debt (+€8,945)
- Stocks and contracts -€5,425
down €5,425 (-7.9%), from €68,544 to €63,119
- Debts after one year +€14,878
new in 2025: €14,878
- Current portion of long-term debt +€8,945
new in 2025: €8,945
- Reserves +€6,434
up €6,434 (+13.1%), from €49,003 to €55,437
- Tax, wage and social debts -€2,144
down €2,144 (-38.4%), from €5,578 to €3,434
of which Taxes: -€2,144
- Staff costs -€9,022
no longer reported in 2025 (was €9,022)
- Gross operating margin -€8,211
down €8,211 (-30.2%), from €27,194 to €18,982
- Financial charges +€3,461
up €3,461 (+562%), from €616 to €4,077
- Depreciation +€2,914
up €2,914 (+106%), from €2,738 to €5,652
- Taxes -€2,696
down €2,696 (-55.6%), from €4,852 to €2,156
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 | €100,298 | €127,293 | +€26,995 | +26.9% |
| Fixed assets | 21/28 | €10,656 | €33,747 | +€23,092 | +217% |
| Tangible fixed assets | 22/27 | €7,756 | €30,847 | +€23,092 | +298% |
| Plant, machinery and equipment | 23 | €6,760 | €30,095 | +€23,335 | +345% |
| Furniture and vehicles | 24 | €995 | €752 | -€243 | -24.4% |
| Financial fixed assets | 28 | €2,900 | €2,900 | = | 0.0% |
| Current assets | 29/58 | €89,643 | €93,546 | +€3,904 | +4.4% |
| Stocks and contracts in progress | 3 | €68,544 | €63,119 | -€5,425 | -7.9% |
| Stocks | 30/36 | €68,544 | €63,119 | -€5,425 | -7.9% |
| Amounts receivable within one year | 40/41 | €20 | €55 | +€35 | +176% |
| Trade receivables | 40 | €20 | €55 | +€35 | +176% |
| Cash at bank and in hand | 54/58 | €20,082 | €29,341 | +€9,258 | +46.1% |
| Deferred charges and accrued income | 490/1 | €996 | €1,031 | +€36 | +3.6% |
| Total equity and liabilities | 10/49 | €100,298 | €127,293 | +€26,995 | +26.9% |
| Equity | 10/15 | €67,603 | €74,037 | +€6,434 | +9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,003 | €55,437 | +€6,434 | +13.1% |
| Distributable reserves | 133 | €49,003 | €55,437 | +€6,434 | +13.1% |
| Amounts payable | 17/49 | €32,695 | €53,256 | +€20,561 | +62.9% |
| Amounts payable after more than one year | 17 | - | €14,878 | +€14,878 | |
| Financial debts | 170/4 | - | €14,878 | +€14,878 | |
| Amounts payable within one year | 42/48 | €32,695 | €38,379 | +€5,683 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | - | €8,945 | +€8,945 | |
| Trade debts | 44 | €1,563 | €1,445 | -€118 | -7.5% |
| Suppliers | 440/4 | €1,563 | €1,445 | -€118 | -7.5% |
| Taxes, remuneration and social security | 45 | €5,578 | €3,434 | -€2,144 | -38.4% |
| Taxes | 450/3 | €5,078 | €2,934 | -€2,144 | -42.2% |
| Remuneration and social security | 454/9 | €500 | €500 | = | 0.0% |
| Other amounts payable | 47/48 | €25,555 | €24,555 | -€1,000 | -3.9% |
| Remuneration, social security and pensions | 62 | €9,022 | - | -€9,022 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,738 | €5,652 | +€2,914 | +106% |
| Other operating charges | 640/8 | €793 | €817 | +€23 | +3.0% |
| Gross operating margin | 9900 | €27,194 | €18,982 | -€8,211 | -30.2% |
| Operating profit (loss) | 9901 | €14,640 | €12,513 | -€2,127 | -14.5% |
| Financial income | 75/76B | €787 | €154 | -€633 | -80.4% |
| Recurring financial income | 75 | €787 | €154 | -€633 | -80.4% |
| Financial charges | 65/66B | €616 | €4,077 | +€3,461 | +562% |
| Recurring financial charges | 65 | €616 | €4,077 | +€3,461 | +562% |
| Profit (loss) for the period before taxes | 9903 | €14,811 | €8,590 | -€6,221 | -42.0% |
| Income taxes | 67/77 | €4,852 | €2,156 | -€2,696 | -55.6% |
| Profit (loss) for the period | 9904 | €9,959 | €6,434 | -€3,525 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,959 | €6,434 | -€3,525 | -35.4% |
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 25 October 2026 via checked.be.