IGMN: 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.
IGMN
Largest movements
- Cash +€4,985
up €4,985 (+174.5%), from €2,858 to €7,843
mainly Net result for the year (+€7,157) and Trade debts (+€3,123)
- Tangible fixed assets -€1,152
down €1,152 (-18.2%), from €6,328 to €5,176
of which Plant, machinery and equipment: -€988
- Profit (loss) carried forward +€7,157
up €7,157 (+40.0%), from -€17,899 to -€10,742
- Other debts -€6,215
down €6,215 (-42.8%), from €14,508 to €8,293
- Trade debts +€3,123
up €3,123 (+35.8%), from €8,721 to €11,843
- Tax, wage and social debts -€310
down €310 (-17.6%), from €1,764 to €1,454
- Gross operating margin +€6,739
up €6,739 (+120.4%), from €5,597 to €12,335
- Taxes +€413
up €413 (+135.1%), from €305 to €718
- Financial charges -€411
down €411 (-21.9%), from €1,876 to €1,465
- Other operating charges -€349
down €349 (-15.9%), from €2,192 to €1,843
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 | €9,594 | €13,348 | +€3,755 | +39.1% |
| Fixed assets | 21/28 | €6,328 | €5,176 | -€1,152 | -18.2% |
| Tangible fixed assets | 22/27 | €6,328 | €5,176 | -€1,152 | -18.2% |
| Land and buildings | 22 | €1,359 | €1,196 | -€164 | -12.1% |
| Plant, machinery and equipment | 23 | €4,969 | €3,981 | -€988 | -19.9% |
| Current assets | 29/58 | €3,266 | €8,172 | +€4,906 | +150.2% |
| Amounts receivable within one year | 40/41 | €9 | €60 | +€51 | +568.6% |
| Trade receivables | 40 | €9 | €60 | +€51 | +568.6% |
| Cash at bank and in hand | 54/58 | €2,858 | €7,843 | +€4,985 | +174.5% |
| Deferred charges and accrued income | 490/1 | €399 | €269 | -€130 | -32.6% |
| Total equity and liabilities | 10/49 | €9,594 | €13,348 | +€3,755 | +39.1% |
| Equity | 10/15 | -€15,399 | -€8,242 | +€7,157 | +46.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,899 | -€10,742 | +€7,157 | +40.0% |
| Amounts payable | 17/49 | €24,993 | €21,590 | -€3,403 | -13.6% |
| Amounts payable within one year | 42/48 | €24,993 | €21,590 | -€3,403 | -13.6% |
| Trade debts | 44 | €8,721 | €11,843 | +€3,123 | +35.8% |
| Suppliers | 440/4 | €8,721 | €11,843 | +€3,123 | +35.8% |
| Taxes, remuneration and social security | 45 | €1,764 | €1,454 | -€310 | -17.6% |
| Taxes | 450/3 | €1,764 | €1,454 | -€310 | -17.6% |
| Other amounts payable | 47/48 | €14,508 | €8,293 | -€6,215 | -42.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,152 | €1,152 | = | 0.0% |
| Other operating charges | 640/8 | €2,192 | €1,843 | -€349 | -15.9% |
| Gross operating margin | 9900 | €5,597 | €12,335 | +€6,739 | +120.4% |
| Operating profit (loss) | 9901 | €2,253 | €9,340 | +€7,088 | +314.6% |
| Financial charges | 65/66B | €1,876 | €1,465 | -€411 | -21.9% |
| Recurring financial charges | 65 | €1,876 | €1,465 | -€411 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €376 | €7,875 | +€7,499 | +1991.7% |
| Income taxes | 67/77 | €305 | €718 | +€413 | +135.1% |
| Profit (loss) for the period | 9904 | €71 | €7,157 | +€7,086 | +9974.9% |
| Profit (loss) for the period to be appropriated | 9905 | €71 | €7,157 | +€7,086 | +9974.9% |
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 29 September 2026 via checked.be.