Iglobe: 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.
What changed
Iglobe
NACE 62.200, Computer consultancy and computer facilities management
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€45,619
2023 · €34,157+€11,462
Equity
€1.6m
2023 · €1.5m+€45,619
Cash
€223
2023 · €1,559-€1,335
Balance sheet total
€2.0m
2023 · €1.9m+€14,588
Largest movements
Assets
- Financial fixed assets +€49,000
up €49,000 (+4.9%), from €1.0m to €1.1m
- Receivables within one year -€34,230
down €34,230 (-7.3%), from €468,354 to €434,123
of which Trade receivables: -€46,497
Equity and liabilities
- Debts after one year -€49,304
down €49,304 (-21.6%), from €228,291 to €178,987
- Reserves +€45,619
up €45,619 (+10.4%), from €437,672 to €483,290
- Short-term financial debts +€25,000
up €25,000 (+100%), from €25,000 to €50,000
Income statement
- Gross operating margin +€10,560
up €10,560 (+12.0%), from €87,912 to €98,472
- Other operating charges -€1,205
down €1,205 (-43.8%), from €2,749 to €1,544
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.
Result 2023
€34,157
Gross operating margin
+€10,560
Depreciation
+€170
Other operating charges
+€1,205
Financial income
+€5
Financial charges
+€450
Taxes
-€928
Result 2024
€45,619
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€70,530
Investment
-€49,000
Financing
-€22,865
Cash 2023
€1,559
From operations (derived)
+€70,530
Net result for the year
+€45,619
Depreciation
+€16,880
Receivables within one year
+€34,230
Deferred charges and accrued income
-€18,034
Trade debts
-€4,034
Tax, wage and social debts
-€4,132
Investment (derived)
-€49,000
Investment in fixed assets (net)
-€49,000
Financing
-€22,865
Debts after one year
-€49,304
Current portion of long-term debt
+€1,439
Short-term financial debts
+€25,000
Cash 2024
€223
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,940,208 | €1,954,796 | +€14,588 | +0.8% |
| Fixed assets | 21/28 | €1,466,598 | €1,498,718 | +€32,120 | +2.2% |
| Tangible fixed assets | 22/27 | €464,829 | €447,949 | -€16,880 | -3.6% |
| Land and buildings | 22 | €335,997 | €325,666 | -€10,331 | -3.1% |
| Furniture and vehicles | 24 | €33,769 | €33,185 | -€584 | -1.7% |
| Other tangible fixed assets | 26 | €95,063 | €89,097 | -€5,965 | -6.3% |
| Financial fixed assets | 28 | €1,001,769 | €1,050,769 | +€49,000 | +4.9% |
| Current assets | 29/58 | €473,610 | €456,078 | -€17,532 | -3.7% |
| Amounts receivable within one year | 40/41 | €468,354 | €434,123 | -€34,230 | -7.3% |
| Trade receivables | 40 | €73,482 | €26,985 | -€46,497 | -63.3% |
| Other amounts receivable | 41 | €394,872 | €407,138 | +€12,266 | +3.1% |
| Cash at bank and in hand | 54/58 | €1,559 | €223 | -€1,335 | -85.7% |
| Deferred charges and accrued income | 490/1 | €3,698 | €21,731 | +€18,034 | +488% |
| Total equity and liabilities | 10/49 | €1,940,208 | €1,954,796 | +€14,588 | +0.8% |
| Equity | 10/15 | €1,513,872 | €1,559,490 | +€45,619 | +3.0% |
| Contributions | 10/11 | €1,076,200 | €1,076,200 | = | 0.0% |
| Reserves | 13 | €437,672 | €483,290 | +€45,619 | +10.4% |
| Distributable reserves | 133 | €437,672 | €483,290 | +€45,619 | +10.4% |
| Amounts payable | 17/49 | €426,337 | €395,306 | -€31,031 | -7.3% |
| Amounts payable after more than one year | 17 | €228,291 | €178,987 | -€49,304 | -21.6% |
| Financial debts | 170/4 | €228,291 | €178,987 | -€49,304 | -21.6% |
| Amounts payable within one year | 42/48 | €195,677 | €213,950 | +€18,273 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €47,865 | €49,304 | +€1,439 | +3.0% |
| Financial debts | 43 | €25,000 | €50,000 | +€25,000 | +100% |
| Credit institutions | 430/8 | €25,000 | €50,000 | +€25,000 | +100% |
| Trade debts | 44 | €61,920 | €57,887 | -€4,034 | -6.5% |
| Suppliers | 440/4 | €61,920 | €57,887 | -€4,034 | -6.5% |
| Taxes, remuneration and social security | 45 | €55,044 | €50,911 | -€4,132 | -7.5% |
| Taxes | 450/3 | €55,044 | €50,911 | -€4,132 | -7.5% |
| Other amounts payable | 47/48 | €5,848 | €5,848 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,369 | €2,369 | = | 0.0% |
| Non-recurring operating income | 76A | €5,603 | - | -€5,603 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,051 | €16,880 | -€170 | -1.0% |
| Other operating charges | 640/8 | €2,749 | €1,544 | -€1,205 | -43.8% |
| Gross operating margin | 9900 | €87,912 | €98,472 | +€10,560 | +12.0% |
| Operating profit (loss) | 9901 | €68,112 | €80,048 | +€11,936 | +17.5% |
| Financial income | 75/76B | €1 | €5 | +€5 | +796% |
| Recurring financial income | 75 | €1 | €5 | +€5 | +796% |
| Financial charges | 65/66B | €15,926 | €15,476 | -€450 | -2.8% |
| Recurring financial charges | 65 | €15,926 | €15,476 | -€450 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €52,187 | €64,577 | +€12,390 | +23.7% |
| Income taxes | 67/77 | €18,030 | €18,958 | +€928 | +5.1% |
| Profit (loss) for the period | 9904 | €34,157 | €45,619 | +€11,462 | +33.6% |
| Profit (loss) for the period to be appropriated | 9905 | €34,157 | €45,619 | +€11,462 | +33.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.