Iglesias Zigor: what changed
Iglesias Zigor
Largest movements
- Cash -€22,653
down €22,653 (-29.4%), from €77,155 to €54,503
mainly Contributions, distributions and other (-€45,600) and Receivables within one year (-€6,695)
- Tangible fixed assets -€9,369
down €9,369 (-22.1%), from €42,410 to €33,041
of which Furniture and vehicles: -€10,250
- Receivables within one year +€6,695
up €6,695 (+252%), from €2,654 to €9,349
of which Trade receivables: +€7,186
- Current investments +€5,000
up €5,000 (+10.1%), from €49,445 to €54,445
- Reserves -€15,600
down €15,600 (-18.7%), from €83,450 to €67,850
- Debts after one year -€5,738
down €5,738 (-29.0%), from €19,804 to €14,065
- Other debts +€2,114
up €2,114 (+5.0%), from €42,620 to €44,734
- Gross operating margin -€3,709
down €3,709 (-7.1%), from €52,221 to €48,512
- Depreciation +€3,039
up €3,039 (+38.9%), from €7,816 to €10,855
- Taxes -€1,304
down €1,304 (-13.9%), from €9,346 to €8,043
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €172,824 | €153,908 | -€18,916 | -10.9% |
| Fixed assets | 21/28 | €42,410 | €33,041 | -€9,369 | -22.1% |
| Tangible fixed assets | 22/27 | €42,410 | €33,041 | -€9,369 | -22.1% |
| Plant, machinery and equipment | 23 | €238 | €1,119 | +€881 | +370% |
| Furniture and vehicles | 24 | €42,173 | €31,923 | -€10,250 | -24.3% |
| Current assets | 29/58 | €130,414 | €120,866 | -€9,547 | -7.3% |
| Amounts receivable within one year | 40/41 | €2,654 | €9,349 | +€6,695 | +252% |
| Trade receivables | 40 | - | €7,186 | +€7,186 | |
| Other amounts receivable | 41 | €2,654 | €2,163 | -€491 | -18.5% |
| Current investments | 50/53 | €49,445 | €54,445 | +€5,000 | +10.1% |
| Cash at bank and in hand | 54/58 | €77,155 | €54,503 | -€22,653 | -29.4% |
| Deferred charges and accrued income | 490/1 | €1,160 | €2,570 | +€1,410 | +122% |
| Total equity and liabilities | 10/49 | €172,824 | €153,908 | -€18,916 | -10.9% |
| Equity | 10/15 | €102,784 | €86,595 | -€16,189 | -15.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €83,450 | €67,850 | -€15,600 | -18.7% |
| Distributable reserves | 133 | €83,450 | €67,850 | -€15,600 | -18.7% |
| Profit (loss) carried forward | 14 | €734 | €145 | -€589 | -80.2% |
| Amounts payable | 17/49 | €70,040 | €67,312 | -€2,728 | -3.9% |
| Amounts payable after more than one year | 17 | €19,804 | €14,065 | -€5,738 | -29.0% |
| Financial debts | 170/4 | €19,804 | €14,065 | -€5,738 | -29.0% |
| Amounts payable within one year | 42/48 | €50,237 | €53,247 | +€3,010 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €5,572 | €5,738 | +€167 | +3.0% |
| Trade debts | 44 | €2,045 | €2,775 | +€730 | +35.7% |
| Suppliers | 440/4 | €2,045 | €2,775 | +€730 | +35.7% |
| Other amounts payable | 47/48 | €42,620 | €44,734 | +€2,114 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,816 | €10,855 | +€3,039 | +38.9% |
| Gross operating margin | 9900 | €52,221 | €48,512 | -€3,709 | -7.1% |
| Operating profit (loss) | 9901 | €44,405 | €37,657 | -€6,748 | -15.2% |
| Financial income | 75/76B | €468 | €685 | +€217 | +46.3% |
| Recurring financial income | 75 | €468 | €685 | +€217 | +46.3% |
| Financial charges | 65/66B | €906 | €888 | -€18 | -2.0% |
| Recurring financial charges | 65 | €906 | €888 | -€18 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €43,967 | €37,454 | -€6,513 | -14.8% |
| Income taxes | 67/77 | €9,346 | €8,043 | -€1,304 | -13.9% |
| Profit (loss) for the period | 9904 | €34,621 | €29,411 | -€5,209 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,621 | €29,411 | -€5,209 | -15.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.