IGGYLAND: 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.
IGGYLAND
Largest movements
- Receivables within one year +€19,004
up €19,004 (+71.4%), from €26,626 to €45,630
of which Trade receivables: +€11,770
- Tangible fixed assets -€12,287
down €12,287 (-21.1%), from €58,353 to €46,066
of which Furniture and vehicles: -€10,460
- Cash -€11,226
down €11,226 (-17.5%), from €64,011 to €52,785
mainly Receivables within one year (-€19,004) and Debts after one year (-€8,114)
- Debts after one year -€8,114
down €8,114 (-25.3%), from €32,081 to €23,968
- Tax, wage and social debts +€4,803
up €4,803 (+193%), from €2,495 to €7,297
- Reserves +€4,756
up €4,756 (+5.7%), from €84,008 to €88,765
of which Distributable reserves: +€4,756
- Trade debts -€4,547
down €4,547 (-65.7%), from €6,926 to €2,378
- Depreciation +€7,197
up €7,197 (+141%), from €5,090 to €12,287
- Gross operating margin -€4,969
down €4,969 (-19.2%), from €25,893 to €20,924
- Taxes -€2,619
down €2,619 (-53.8%), from €4,872 to €2,252
- Financial charges +€878
up €878 (+103%), from €855 to €1,733
- Financial income +€496
up €496 (+230%), from €216 to €712
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 | €152,137 | €149,121 | -€3,016 | -2.0% |
| Fixed assets | 21/28 | €58,353 | €46,516 | -€11,837 | -20.3% |
| Tangible fixed assets | 22/27 | €58,353 | €46,066 | -€12,287 | -21.1% |
| Plant, machinery and equipment | 23 | €8,603 | €6,777 | -€1,827 | -21.2% |
| Furniture and vehicles | 24 | €49,749 | €39,289 | -€10,460 | -21.0% |
| Financial fixed assets | 28 | - | €450 | +€450 | |
| Current assets | 29/58 | €93,785 | €102,605 | +€8,821 | +9.4% |
| Amounts receivable within one year | 40/41 | €26,626 | €45,630 | +€19,004 | +71.4% |
| Trade receivables | 40 | €9,249 | €21,019 | +€11,770 | +127% |
| Other amounts receivable | 41 | €17,377 | €24,611 | +€7,234 | +41.6% |
| Cash at bank and in hand | 54/58 | €64,011 | €52,785 | -€11,226 | -17.5% |
| Deferred charges and accrued income | 490/1 | €3,148 | €4,190 | +€1,043 | +33.1% |
| Total equity and liabilities | 10/49 | €152,137 | €149,121 | -€3,016 | -2.0% |
| Equity | 10/15 | €102,608 | €107,365 | +€4,756 | +4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €84,008 | €88,765 | +€4,756 | +5.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €84,008 | €88,765 | +€4,756 | +5.7% |
| Amounts payable | 17/49 | €49,529 | €41,757 | -€7,772 | -15.7% |
| Amounts payable after more than one year | 17 | €32,081 | €23,968 | -€8,114 | -25.3% |
| Financial debts | 170/4 | €32,081 | €23,968 | -€8,114 | -25.3% |
| Amounts payable within one year | 42/48 | €17,249 | €17,789 | +€540 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €7,811 | €8,114 | +€302 | +3.9% |
| Trade debts | 44 | €6,926 | €2,378 | -€4,547 | -65.7% |
| Suppliers | 440/4 | €6,926 | €2,378 | -€4,547 | -65.7% |
| Taxes, remuneration and social security | 45 | €2,495 | €7,297 | +€4,803 | +193% |
| Taxes | 450/3 | €2,495 | €7,297 | +€4,803 | +193% |
| Other amounts payable | 47/48 | €17 | €0 | -€17 | -100% |
| Accrued charges and deferred income | 492/3 | €198 | €0 | -€198 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,090 | €12,287 | +€7,197 | +141% |
| Other operating charges | 640/8 | €759 | €607 | -€152 | -20.0% |
| Gross operating margin | 9900 | €25,893 | €20,924 | -€4,969 | -19.2% |
| Operating profit (loss) | 9901 | €20,045 | €8,030 | -€12,015 | -59.9% |
| Financial income | 75/76B | €216 | €712 | +€496 | +230% |
| Recurring financial income | 75 | €216 | €712 | +€496 | +230% |
| Financial charges | 65/66B | €855 | €1,733 | +€878 | +103% |
| Recurring financial charges | 65 | €855 | €1,733 | +€878 | +103% |
| Profit (loss) for the period before taxes | 9903 | €19,405 | €7,009 | -€12,397 | -63.9% |
| Income taxes | 67/77 | €4,872 | €2,252 | -€2,619 | -53.8% |
| Profit (loss) for the period | 9904 | €14,534 | €4,756 | -€9,777 | -67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,534 | €4,756 | -€9,777 | -67.3% |
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 28 October 2026 via checked.be.