IGNA: 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.
IGNA
Largest movements
- Receivables within one year -€18,379
down €18,379 (-84.3%), from €21,790 to €3,411
of which Trade receivables: -€18,635
- Tangible fixed assets +€16,056
up €16,056 (+630%), from €2,549 to €18,605
of which Furniture and vehicles: +€16,945
- Cash +€8,482
up €8,482 (+224%), from €3,782 to €12,264
mainly Receivables within one year (+€18,379) and Depreciation (+€3,764)
- Reserves +€2,433
up €2,433 (+34.7%), from €7,006 to €9,439
- Tax, wage and social debts +€1,861
up €1,861 (+31.6%), from €5,881 to €7,743
of which Remuneration and social security: +€4,000
- Other debts +€1,337
up €1,337 (+11.1%), from €12,021 to €13,358
- Trade debts +€594
up €594 (+27.7%), from €2,147 to €2,741
- Depreciation +€3,644
up €3,644 (+3,052%), from €119 to €3,764
- Gross operating margin -€1,825
down €1,825 (-19.2%), from €9,495 to €7,669
- Taxes -€1,539
down €1,539 (-66.8%), from €2,304 to €765
- Other operating charges +€613
up €613 (+933%), from €66 to €678
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 | €28,121 | €34,280 | +€6,159 | +21.9% |
| Fixed assets | 21/28 | €2,549 | €18,605 | +€16,056 | +630% |
| Tangible fixed assets | 22/27 | €2,549 | €18,605 | +€16,056 | +630% |
| Plant, machinery and equipment | 23 | €2,549 | €1,659 | -€889 | -34.9% |
| Furniture and vehicles | 24 | - | €16,945 | +€16,945 | |
| Current assets | 29/58 | €25,572 | €15,675 | -€9,897 | -38.7% |
| Amounts receivable within one year | 40/41 | €21,790 | €3,411 | -€18,379 | -84.3% |
| Trade receivables | 40 | €21,790 | €3,155 | -€18,635 | -85.5% |
| Other amounts receivable | 41 | - | €256 | +€256 | |
| Cash at bank and in hand | 54/58 | €3,782 | €12,264 | +€8,482 | +224% |
| Total equity and liabilities | 10/49 | €28,121 | €34,280 | +€6,159 | +21.9% |
| Equity | 10/15 | €8,006 | €10,439 | +€2,433 | +30.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €7,006 | €9,439 | +€2,433 | +34.7% |
| Distributable reserves | 133 | €7,006 | €9,439 | +€2,433 | +34.7% |
| Amounts payable | 17/49 | €20,115 | €23,841 | +€3,726 | +18.5% |
| Amounts payable within one year | 42/48 | €20,049 | €23,841 | +€3,792 | +18.9% |
| Trade debts | 44 | €2,147 | €2,741 | +€594 | +27.7% |
| Suppliers | 440/4 | €2,147 | €2,741 | +€594 | +27.7% |
| Taxes, remuneration and social security | 45 | €5,881 | €7,743 | +€1,861 | +31.6% |
| Taxes | 450/3 | €5,881 | €3,743 | -€2,139 | -36.4% |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Other amounts payable | 47/48 | €12,021 | €13,358 | +€1,337 | +11.1% |
| Accrued charges and deferred income | 492/3 | €66 | €0 | -€66 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119 | €3,764 | +€3,644 | +3,052% |
| Other operating charges | 640/8 | €66 | €678 | +€613 | +933% |
| Gross operating margin | 9900 | €9,495 | €7,669 | -€1,825 | -19.2% |
| Operating profit (loss) | 9901 | €9,310 | €3,227 | -€6,083 | -65.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | - | €30 | +€30 | |
| Recurring financial charges | 65 | - | €30 | +€30 | |
| Profit (loss) for the period before taxes | 9903 | €9,310 | €3,197 | -€6,112 | -65.7% |
| Income taxes | 67/77 | €2,304 | €765 | -€1,539 | -66.8% |
| Profit (loss) for the period | 9904 | €7,006 | €2,433 | -€4,573 | -65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,006 | €2,433 | -€4,573 | -65.3% |
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 19 October 2026 via checked.be.