IGNACE GLOBAL SUPPORT: 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.
IGNACE GLOBAL SUPPORT
Largest movements
- Current assets +€100,676
up €100,676 (+46.2%), from €218,049 to €318,725
of which Cash: +€112,539
- Equity +€79,982
up €79,982 (+47.1%), from €169,831 to €249,813
of which Reserves: +€79,982
- Debts within one year +€17,677
up €17,677 (+19.6%), from €90,178 to €107,855
- Gross operating margin +€32,516
up €32,516 (+43.6%), from €74,628 to €107,144
- Taxes +€14,246
up €14,246 (+80.4%), from €17,724 to €31,970
From the 2018 result to the 2020 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2018 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €260,019 | €357,668 | +€97,649 | +37.6% |
| Fixed assets | 21/28 | €41,970 | €38,943 | -€3,028 | -7.2% |
| Tangible fixed assets | 22/27 | €41,970 | €38,943 | -€3,028 | -7.2% |
| Current assets | 29/58 | €218,049 | €318,725 | +€100,676 | +46.2% |
| Amounts receivable within one year | 40/41 | €24,894 | €13,086 | -€11,808 | -47.4% |
| Cash at bank and in hand | 54/58 | €191,803 | €304,343 | +€112,539 | +58.7% |
| Total equity and liabilities | 10/49 | €260,019 | €357,668 | +€97,649 | +37.6% |
| Equity | 10/15 | €169,831 | €249,813 | +€79,982 | +47.1% |
| Contributions | 10/11 | €1,000 | - | -€1,000 | |
| Reserves | 13 | €168,831 | €248,813 | +€79,982 | +47.4% |
| Amounts payable | 17/49 | €90,188 | €107,855 | +€17,666 | +19.6% |
| Amounts payable within one year | 42/48 | €90,178 | €107,855 | +€17,677 | +19.6% |
| Trade debts | 44 | €727 | €711 | -€16 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,273 | €13,829 | -€444 | -3.1% |
| Gross operating margin | 9900 | €74,628 | €107,144 | +€32,516 | +43.6% |
| Operating profit (loss) | 9901 | €58,943 | €91,512 | +€32,569 | +55.3% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -98.9% |
| Recurring financial charges | 65 | €177 | €171 | -€5 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €58,769 | €91,341 | +€32,572 | +55.4% |
| Income taxes | 67/77 | €17,724 | €31,970 | +€14,246 | +80.4% |
| Profit (loss) for the period | 9904 | €41,045 | €59,371 | +€18,326 | +44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €41,045 | €59,371 | +€18,326 | +44.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2018 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.