IGG-SOLUTIONS: 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.
IGG-SOLUTIONS
Largest movements
- Cash -€4,610
down €4,610 (-40.5%), from €11,381 to €6,771
mainly Accrued charges and deferred income (-€14,676) and Trade debts (-€13,745)
- Receivables within one year -€4,598
down €4,598 (-30.7%), from €14,998 to €10,400
of which Trade receivables: -€4,567
- Other debts +€35,876
new in 2024: €35,876
- Accrued charges and deferred income -€14,676
no longer reported in 2024 (was €14,676)
- Trade debts -€13,745
down €13,745 (-51.8%), from €26,551 to €12,806
- Profit (loss) carried forward -€12,041
down €12,041 (-83.7%), from -€14,381 to -€26,423
- Tax, wage and social debts -€4,471
down €4,471 (-86.4%), from €5,174 to €702
of which Taxes: -€5,174
- Other operating charges -€15,824
down €15,824 (-45.6%), from €34,665 to €18,842
- Gross operating margin -€13,395
down €13,395 (-22.5%), from €59,542 to €46,147
- Staff costs +€4,790
up €4,790 (+14.0%), from €34,175 to €38,965
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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,019 | €27,961 | -€9,058 | -24.5% |
| Current assets | 29/58 | €37,019 | €27,961 | -€9,058 | -24.5% |
| Stocks and contracts in progress | 3 | €6,130 | €6,280 | +€150 | +2.4% |
| Stocks | 30/36 | €6,130 | €6,280 | +€150 | +2.4% |
| Amounts receivable within one year | 40/41 | €14,998 | €10,400 | -€4,598 | -30.7% |
| Trade receivables | 40 | €4,567 | - | -€4,567 | |
| Other amounts receivable | 41 | €10,431 | €10,400 | -€31 | -0.3% |
| Current investments | 50/53 | €10 | €10 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,381 | €6,771 | -€4,610 | -40.5% |
| Deferred charges and accrued income | 490/1 | €4,500 | €4,500 | = | 0.0% |
| Total equity and liabilities | 10/49 | €37,019 | €27,961 | -€9,058 | -24.5% |
| Equity | 10/15 | -€9,381 | -€21,423 | -€12,041 | -128.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,381 | -€26,423 | -€12,041 | -83.7% |
| Amounts payable | 17/49 | €46,401 | €49,384 | +€2,984 | +6.4% |
| Amounts payable within one year | 42/48 | €31,725 | €49,384 | +€17,659 | +55.7% |
| Trade debts | 44 | €26,551 | €12,806 | -€13,745 | -51.8% |
| Suppliers | 440/4 | €26,551 | €12,806 | -€13,745 | -51.8% |
| Taxes, remuneration and social security | 45 | €5,174 | €702 | -€4,471 | -86.4% |
| Taxes | 450/3 | €5,174 | - | -€5,174 | |
| Remuneration and social security | 454/9 | - | €702 | +€702 | |
| Other amounts payable | 47/48 | - | €35,876 | +€35,876 | |
| Accrued charges and deferred income | 492/3 | €14,676 | - | -€14,676 | |
| Remuneration, social security and pensions | 62 | €34,175 | €38,965 | +€4,790 | +14.0% |
| Other operating charges | 640/8 | €34,665 | €18,842 | -€15,824 | -45.6% |
| Gross operating margin | 9900 | €59,542 | €46,147 | -€13,395 | -22.5% |
| Operating profit (loss) | 9901 | -€9,298 | -€11,659 | -€2,361 | -25.4% |
| Financial charges | 65/66B | €347 | €382 | +€35 | +10.1% |
| Recurring financial charges | 65 | €347 | €382 | +€35 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,645 | -€12,041 | -€2,396 | -24.8% |
| Profit (loss) for the period | 9904 | -€9,645 | -€12,041 | -€2,396 | -24.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,645 | -€12,041 | -€2,396 | -24.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.