IG Lease: 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 Lease
Largest movements
- Tangible fixed assets -€25,692
down €25,692 (-20.4%), from €125,678 to €99,986
of which Leasing and similar rights: -€30,635
- Receivables within one year +€5,210
up €5,210 (+51.8%), from €10,063 to €15,272
of which Trade receivables: +€11,463
- Debts after one year -€24,900
down €24,900 (-47.6%), from €52,285 to €27,386
- Profit (loss) carried forward +€11,691
up €11,691 (+90.8%), from €12,880 to €24,571
- Current portion of long-term debt -€9,939
down €9,939 (-28.0%), from €35,445 to €25,506
- Other debts -€9,545
down €9,545 (-39.3%), from €24,264 to €14,719
- Trade debts +€6,821
up €6,821 (+617%), from €1,105 to €7,925
- Gross operating margin +€33,035
up €33,035 (+62.3%), from €53,067 to €86,102
- Depreciation +€25,592
up €25,592 (+65.5%), from €39,045 to €64,637
- Turnover +€18,747
up €18,747 (+13.6%), from €138,053 to €156,800
- Financial charges -€8,669
down €8,669 (-66.9%), from €12,957 to €4,288
of which Non-recurring financial charges: -€7,578
- Purchases and services -€8,008
down €8,008 (-9.4%), from €84,986 to €76,978
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 | €136,984 | €116,321 | -€20,663 | -15.1% |
| Fixed assets | 21/28 | €125,678 | €99,986 | -€25,692 | -20.4% |
| Tangible fixed assets | 22/27 | €125,678 | €99,986 | -€25,692 | -20.4% |
| Land and buildings | 22 | - | €5,424 | +€5,424 | |
| Furniture and vehicles | 24 | €76,123 | €75,641 | -€482 | -0.6% |
| Leasing and similar rights | 25 | €49,555 | €18,920 | -€30,635 | -61.8% |
| Current assets | 29/58 | €11,306 | €16,336 | +€5,029 | +44.5% |
| Amounts receivable within one year | 40/41 | €10,063 | €15,272 | +€5,210 | +51.8% |
| Trade receivables | 40 | €3,517 | €14,979 | +€11,463 | +326% |
| Other amounts receivable | 41 | €6,546 | €293 | -€6,253 | -95.5% |
| Cash at bank and in hand | 54/58 | €1,243 | €1,063 | -€180 | -14.5% |
| Total equity and liabilities | 10/49 | €136,984 | €116,321 | -€20,663 | -15.1% |
| Equity | 10/15 | €22,880 | €34,571 | +€11,691 | +51.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Share premium | 1100/10 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,880 | €24,571 | +€11,691 | +90.8% |
| Amounts payable | 17/49 | €114,105 | €81,751 | -€32,354 | -28.4% |
| Amounts payable after more than one year | 17 | €52,285 | €27,386 | -€24,900 | -47.6% |
| Financial debts | 170/4 | €52,285 | €27,386 | -€24,900 | -47.6% |
| Amounts payable within one year | 42/48 | €61,819 | €54,365 | -€7,454 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €35,445 | €25,506 | -€9,939 | -28.0% |
| Trade debts | 44 | €1,105 | €7,925 | +€6,821 | +617% |
| Suppliers | 440/4 | €1,105 | €7,925 | +€6,821 | +617% |
| Taxes, remuneration and social security | 45 | €1,005 | €6,214 | +€5,209 | +518% |
| Taxes | 450/3 | €1,005 | €4,614 | +€3,609 | +359% |
| Remuneration and social security | 454/9 | - | €1,600 | +€1,600 | |
| Other amounts payable | 47/48 | €24,264 | €14,719 | -€9,545 | -39.3% |
| Turnover | 70 | €138,053 | €156,800 | +€18,747 | +13.6% |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €84,986 | €76,978 | -€8,008 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,045 | €64,637 | +€25,592 | +65.5% |
| Other operating charges | 640/8 | €8,045 | €1,882 | -€6,163 | -76.6% |
| Gross operating margin | 9900 | €53,067 | €86,102 | +€33,035 | +62.3% |
| Operating profit (loss) | 9901 | €5,977 | €19,583 | +€13,605 | +228% |
| Financial income | 75/76B | €6,314 | €5 | -€6,309 | -99.9% |
| Recurring financial income | 75 | €6,314 | €5 | -€6,309 | -99.9% |
| Non-recurring financial income | 76B | €6,314 | - | -€6,314 | |
| Financial charges | 65/66B | €12,957 | €4,288 | -€8,669 | -66.9% |
| Recurring financial charges | 65 | €5,378 | €4,288 | -€1,091 | -20.3% |
| Non-recurring financial charges | 66B | €7,578 | - | -€7,578 | |
| Profit (loss) for the period before taxes | 9903 | -€666 | €15,300 | +€15,966 | |
| Income taxes | 67/77 | €2,533 | €3,609 | +€1,076 | +42.5% |
| Profit (loss) for the period | 9904 | -€3,199 | €11,691 | +€14,890 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,199 | €11,691 | +€14,890 |
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 14 October 2026 via checked.be.