IGIS-TECH: 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.
IGIS-TECH
Largest movements
- Deferred charges and accrued income +€42,128
up €42,128 (+6,543%), from €644 to €42,772
- Cash -€32,979
down €32,979 (-27.4%), from €120,404 to €87,426
mainly Other debts (-€53,000) and Deferred charges and accrued income (-€42,128)
- Receivables within one year -€18,693
down €18,693 (-28.7%), from €65,174 to €46,481
of which Other amounts receivable: -€28,979
- Other debts -€53,000
no longer reported in 2025 (was €53,000)
- Profit (loss) carried forward +€40,234
up €40,234 (+85.8%), from €46,913 to €87,147
- Tax, wage and social debts +€9,351
up €9,351 (+20.3%), from €46,026 to €55,377
- Debts after one year -€6,769
no longer reported in 2025 (was €6,769)
- Trade debts +€2,871
up €2,871 (+43.2%), from €6,650 to €9,521
- Gross operating margin -€23,878
down €23,878 (-27.5%), from €86,675 to €62,796
- Taxes -€1,303
down €1,303 (-6.1%), from €21,442 to €20,139
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 | €186,849 | €177,414 | -€9,435 | -5.0% |
| Fixed assets | 21/28 | €627 | €735 | +€108 | +17.2% |
| Tangible fixed assets | 22/27 | €627 | €735 | +€108 | +17.2% |
| Furniture and vehicles | 24 | €627 | €735 | +€108 | +17.2% |
| Current assets | 29/58 | €186,222 | €176,679 | -€9,543 | -5.1% |
| Amounts receivable within one year | 40/41 | €65,174 | €46,481 | -€18,693 | -28.7% |
| Trade receivables | 40 | €22,831 | €33,117 | +€10,286 | +45.1% |
| Other amounts receivable | 41 | €42,343 | €13,364 | -€28,979 | -68.4% |
| Cash at bank and in hand | 54/58 | €120,404 | €87,426 | -€32,979 | -27.4% |
| Deferred charges and accrued income | 490/1 | €644 | €42,772 | +€42,128 | +6,543% |
| Total equity and liabilities | 10/49 | €186,849 | €177,414 | -€9,435 | -5.0% |
| Equity | 10/15 | €65,513 | €105,747 | +€40,234 | +61.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,913 | €87,147 | +€40,234 | +85.8% |
| Amounts payable | 17/49 | €121,337 | €71,667 | -€49,669 | -40.9% |
| Amounts payable after more than one year | 17 | €6,769 | - | -€6,769 | |
| Financial debts | 170/4 | €6,769 | - | -€6,769 | |
| Amounts payable within one year | 42/48 | €114,523 | €71,667 | -€42,855 | -37.4% |
| Current portion of amounts payable after more than one year | 42 | €8,846 | €6,769 | -€2,077 | -23.5% |
| Trade debts | 44 | €6,650 | €9,521 | +€2,871 | +43.2% |
| Suppliers | 440/4 | €6,650 | €9,521 | +€2,871 | +43.2% |
| Taxes, remuneration and social security | 45 | €46,026 | €55,377 | +€9,351 | +20.3% |
| Taxes | 450/3 | €46,026 | €55,377 | +€9,351 | +20.3% |
| Other amounts payable | 47/48 | €53,000 | - | -€53,000 | |
| Accrued charges and deferred income | 492/3 | €45 | - | -€45 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €406 | €457 | +€51 | +12.6% |
| Other operating charges | 640/8 | €432 | €883 | +€451 | +104% |
| Non-recurring operating charges | 66A | €249 | €1,080 | +€831 | +333% |
| Gross operating margin | 9900 | €86,675 | €62,796 | -€23,878 | -27.5% |
| Operating profit (loss) | 9901 | €85,587 | €60,376 | -€25,211 | -29.5% |
| Financial income | 75/76B | €1,307 | €901 | -€406 | -31.1% |
| Recurring financial income | 75 | €1,307 | €901 | -€406 | -31.1% |
| Financial charges | 65/66B | €971 | €904 | -€66 | -6.8% |
| Recurring financial charges | 65 | €971 | €904 | -€66 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €85,924 | €60,373 | -€25,551 | -29.7% |
| Income taxes | 67/77 | €21,442 | €20,139 | -€1,303 | -6.1% |
| Profit (loss) for the period | 9904 | €64,482 | €40,234 | -€24,248 | -37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €64,482 | €40,234 | -€24,248 | -37.6% |
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 14 October 2026 via checked.be.