IGEKO GRAPHICS COMMUNICATION: 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.
IGEKO GRAPHICS COMMUNICATION
Largest movements
- Receivables within one year -€5,441
down €5,441 (-37.3%), from €14,578 to €9,137
of which Other amounts receivable: -€2,782
- Tangible fixed assets +€2,152
up €2,152 (+268%), from €803 to €2,955
of which Furniture and vehicles: +€2,323
- Profit (loss) carried forward -€8,620
down €8,620 (-102%), from -€8,472 to -€17,092
- Short-term financial debts +€2,580
up €2,580 (+25.2%), from €10,247 to €12,828
- Other debts +€2,148
up €2,148 (+1,193%), from €180 to €2,328
- Trade debts +€540
up €540 (+26.7%), from €2,023 to €2,563
- Accrued charges and deferred income +€302
new in 2024: €302
- Gross operating margin +€6,707
up €6,707 (+63.2%), from -€10,607 to -€3,900
- Financial charges +€1,853
up €1,853 (+265%), from €698 to €2,551
- Taxes +€729
up €729 (+200%), from €365 to €1,094
- Depreciation +€465
up €465 (+122%), from €381 to €847
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,431 | €12,142 | -€3,289 | -21.3% |
| Fixed assets | 21/28 | €853 | €3,005 | +€2,152 | +252% |
| Tangible fixed assets | 22/27 | €803 | €2,955 | +€2,152 | +268% |
| Furniture and vehicles | 24 | €632 | €2,955 | +€2,323 | +368% |
| Other tangible fixed assets | 26 | €171 | - | -€171 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €14,578 | €9,137 | -€5,441 | -37.3% |
| Amounts receivable within one year | 40/41 | €14,578 | €9,137 | -€5,441 | -37.3% |
| Trade receivables | 40 | €11,796 | €9,137 | -€2,659 | -22.5% |
| Other amounts receivable | 41 | €2,782 | - | -€2,782 | |
| Total equity and liabilities | 10/49 | €15,431 | €12,142 | -€3,289 | -21.3% |
| Equity | 10/15 | €1,088 | -€7,532 | -€8,620 | |
| Contributions | 10/11 | €7,700 | €7,700 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,472 | -€17,092 | -€8,620 | -102% |
| Amounts payable | 17/49 | €14,343 | €19,674 | +€5,332 | +37.2% |
| Amounts payable within one year | 42/48 | €14,343 | €19,372 | +€5,030 | +35.1% |
| Financial debts | 43 | €10,247 | €12,828 | +€2,580 | +25.2% |
| Credit institutions | 430/8 | €10,247 | €12,828 | +€2,580 | +25.2% |
| Trade debts | 44 | €2,023 | €2,563 | +€540 | +26.7% |
| Suppliers | 440/4 | €2,023 | €2,563 | +€540 | +26.7% |
| Taxes, remuneration and social security | 45 | €1,893 | €1,654 | -€239 | -12.6% |
| Taxes | 450/3 | €1,893 | €1,654 | -€239 | -12.6% |
| Other amounts payable | 47/48 | €180 | €2,328 | +€2,148 | +1,193% |
| Accrued charges and deferred income | 492/3 | - | €302 | +€302 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €381 | €847 | +€465 | +122% |
| Other operating charges | 640/8 | €231 | €228 | -€3 | -1.3% |
| Non-recurring operating charges | 66A | €4,474 | - | -€4,474 | |
| Gross operating margin | 9900 | -€10,607 | -€3,900 | +€6,707 | +63.2% |
| Operating profit (loss) | 9901 | -€15,693 | -€4,975 | +€10,718 | +68.3% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €698 | €2,551 | +€1,853 | +265% |
| Recurring financial charges | 65 | €698 | €2,551 | +€1,853 | +265% |
| Profit (loss) for the period before taxes | 9903 | -€16,388 | -€7,526 | +€8,862 | +54.1% |
| Income taxes | 67/77 | €365 | €1,094 | +€729 | +200% |
| Profit (loss) for the period | 9904 | -€16,753 | -€8,620 | +€8,133 | +48.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,753 | -€8,620 | +€8,133 | +48.5% |
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 24 October 2026 via checked.be.