IG Management: what changed
Two fiscal 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 Management
Largest movements
- Receivables within one year +€53,602
up €53,602 (+3.0%), from €1.8m to €1.9m
- Deferred charges and accrued income -€23,959
down €23,959 (-100.0%), from €23,959 to €0
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€32,510
up €32,510 (+93.0%), from -€34,954 to -€2,444
- Financial income +€3,045
up €3,045 (+12.7%), from €23,959 to €27,004
- Taxes +€2,823
new in 2025: €2,823
- Depreciation -€1,357
down €1,357 (-100.0%), from €1,357 to €0
- Other operating charges +€623
new in 2025: €623
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.
Cash bridge derived
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 | €1,834,982 | €1,864,754 | +€29,772 | +1.6% |
| Current assets | 29/58 | €1,834,982 | €1,864,754 | +€29,772 | +1.6% |
| Amounts receivable within one year | 40/41 | €1,800,611 | €1,854,213 | +€53,602 | +3.0% |
| Other amounts receivable | 41 | €1,800,611 | €1,854,213 | +€53,602 | +3.0% |
| Cash at bank and in hand | 54/58 | €10,412 | €10,541 | +€129 | +1.2% |
| Deferred charges and accrued income | 490/1 | €23,959 | €0 | -€23,959 | -100.0% |
| Total equity and liabilities | 10/49 | €1,834,982 | €1,864,754 | +€29,772 | +1.6% |
| Equity | 10/15 | -€2,411 | €18,661 | +€21,073 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €8,661 | +€8,661 | |
| Distributable reserves | 133 | - | €8,661 | +€8,661 | |
| Profit (loss) carried forward | 14 | -€12,411 | €0 | +€12,411 | |
| Amounts payable | 17/49 | €1,837,393 | €1,846,093 | +€8,699 | +0.5% |
| Amounts payable within one year | 42/48 | €1,837,393 | €1,846,093 | +€8,699 | +0.5% |
| Trade debts | 44 | €1,269 | €695 | -€574 | -45.2% |
| Suppliers | 440/4 | €1,269 | €695 | -€574 | -45.2% |
| Taxes, remuneration and social security | 45 | €750 | €6,762 | +€6,012 | +801.6% |
| Taxes | 450/3 | €750 | €6,762 | +€6,012 | +801.6% |
| Other amounts payable | 47/48 | €1,835,375 | €1,838,636 | +€3,261 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,357 | €0 | -€1,357 | -100.0% |
| Other operating charges | 640/8 | - | €623 | +€623 | |
| Gross operating margin | 9900 | -€34,954 | -€2,444 | +€32,510 | +93.0% |
| Operating profit (loss) | 9901 | -€36,311 | -€3,067 | +€33,243 | +91.6% |
| Financial income | 75/76B | €23,959 | €27,004 | +€3,045 | +12.7% |
| Recurring financial income | 75 | €23,959 | €27,004 | +€3,045 | +12.7% |
| Financial charges | 65/66B | €60 | €40 | -€19 | -32.4% |
| Recurring financial charges | 65 | €60 | €40 | -€19 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,411 | €23,896 | +€36,308 | |
| Income taxes | 67/77 | - | €2,823 | +€2,823 | |
| Profit (loss) for the period | 9904 | -€12,411 | €21,073 | +€33,484 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,411 | €21,073 | +€33,484 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.