IGENIA: 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.
IGENIA
Largest movements
- Cash -€318,360
down €318,360 (-56.6%), from €562,455 to €244,094
mainly Receivables within one year (-€266,974) and Other debts (-€258,385)
- Receivables within one year +€266,974
up €266,974 (+69.0%), from €386,723 to €653,697
of which Other amounts receivable: +€318,635
- Tangible fixed assets +€135,280
up €135,280 (+50.8%), from €266,214 to €401,494
of which Other tangible fixed assets: +€123,530
- Intangible fixed assets -€16,780
down €16,780 (-24.3%), from €69,181 to €52,402
- Deferred charges and accrued income +€15,344
up €15,344 (+140%), from €10,923 to €26,267
- Other debts -€258,385
down €258,385 (-99.6%), from €259,387 to €1,002
- Profit (loss) carried forward +€202,364
up €202,364 (+29.1%), from €695,214 to €897,578
- Debts after one year +€43,523
new in 2025: €43,523
- Trade debts +€35,422
up €35,422 (+25.2%), from €140,385 to €175,806
- Current portion of long-term debt +€33,760
new in 2025: €33,760
- Staff costs +€80,183
up €80,183 (+13.8%), from €581,832 to €662,016
- Gross operating margin -€45,997
down €45,997 (-4.3%), from €1.1m to €1.0m
- Taxes -€40,087
down €40,087 (-38.7%), from €103,508 to €63,420
- Depreciation +€17,527
up €17,527 (+24.1%), from €72,830 to €90,357
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 | €1,300,576 | €1,383,034 | +€82,458 | +6.3% |
| Fixed assets | 21/28 | €340,475 | €458,976 | +€118,500 | +34.8% |
| Intangible fixed assets | 21 | €69,181 | €52,402 | -€16,780 | -24.3% |
| Tangible fixed assets | 22/27 | €266,214 | €401,494 | +€135,280 | +50.8% |
| Plant, machinery and equipment | 23 | €15,787 | €10,104 | -€5,683 | -36.0% |
| Furniture and vehicles | 24 | €81,715 | €99,147 | +€17,433 | +21.3% |
| Other tangible fixed assets | 26 | €168,712 | €292,242 | +€123,530 | +73.2% |
| Financial fixed assets | 28 | €5,080 | €5,080 | = | 0.0% |
| Current assets | 29/58 | €960,101 | €924,059 | -€36,042 | -3.8% |
| Amounts receivable within one year | 40/41 | €386,723 | €653,697 | +€266,974 | +69.0% |
| Trade receivables | 40 | €308,429 | €256,769 | -€51,660 | -16.7% |
| Other amounts receivable | 41 | €78,294 | €396,928 | +€318,635 | +407% |
| Cash at bank and in hand | 54/58 | €562,455 | €244,094 | -€318,360 | -56.6% |
| Deferred charges and accrued income | 490/1 | €10,923 | €26,267 | +€15,344 | +140% |
| Total equity and liabilities | 10/49 | €1,300,576 | €1,383,034 | +€82,458 | +6.3% |
| Equity | 10/15 | €713,764 | €916,128 | +€202,364 | +28.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €695,214 | €897,578 | +€202,364 | +29.1% |
| Amounts payable | 17/49 | €586,812 | €466,906 | -€119,906 | -20.4% |
| Amounts payable after more than one year | 17 | - | €43,523 | +€43,523 | |
| Financial debts | 170/4 | - | €43,523 | +€43,523 | |
| Amounts payable within one year | 42/48 | €579,084 | €406,385 | -€172,699 | -29.8% |
| Current portion of amounts payable after more than one year | 42 | - | €33,760 | +€33,760 | |
| Financial debts | 43 | - | €3,147 | +€3,147 | |
| Credit institutions | 430/8 | - | €3,147 | +€3,147 | |
| Trade debts | 44 | €140,385 | €175,806 | +€35,422 | +25.2% |
| Suppliers | 440/4 | €140,385 | €175,806 | +€35,422 | +25.2% |
| Taxes, remuneration and social security | 45 | €179,312 | €192,670 | +€13,358 | +7.4% |
| Taxes | 450/3 | €72,144 | €70,306 | -€1,838 | -2.5% |
| Remuneration and social security | 454/9 | €107,168 | €122,364 | +€15,196 | +14.2% |
| Other amounts payable | 47/48 | €259,387 | €1,002 | -€258,385 | -99.6% |
| Accrued charges and deferred income | 492/3 | €7,728 | €16,997 | +€9,270 | +120% |
| Non-recurring operating income | 76A | €5,000 | €1,586 | -€3,414 | -68.3% |
| Remuneration, social security and pensions | 62 | €581,832 | €662,016 | +€80,183 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,830 | €90,357 | +€17,527 | +24.1% |
| Other operating charges | 640/8 | €6,471 | €5,000 | -€1,471 | -22.7% |
| Non-recurring operating charges | 66A | €577 | €0 | -€577 | -100% |
| Gross operating margin | 9900 | €1,072,267 | €1,026,271 | -€45,997 | -4.3% |
| Operating profit (loss) | 9901 | €410,557 | €268,898 | -€141,659 | -34.5% |
| Financial income | 75/76B | €2,453 | €1,366 | -€1,086 | -44.3% |
| Recurring financial income | 75 | €2,453 | €1,366 | -€1,086 | -44.3% |
| Financial charges | 65/66B | €314 | €4,480 | +€4,166 | +1,328% |
| Recurring financial charges | 65 | €314 | €4,480 | +€4,166 | +1,328% |
| Profit (loss) for the period before taxes | 9903 | €412,696 | €265,785 | -€146,911 | -35.6% |
| Income taxes | 67/77 | €103,508 | €63,420 | -€40,087 | -38.7% |
| Profit (loss) for the period | 9904 | €309,188 | €202,364 | -€106,824 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €309,188 | €202,364 | -€106,824 | -34.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.