IGNITE AGENCY: what changed
IGNITE AGENCY
Largest movements
- Receivables within one year +€94,495
up €94,495 (+189%), from €50,018 to €144,513
of which Other amounts receivable: +€112,705
- Tangible fixed assets -€65,136
down €65,136 (-7.0%), from €933,265 to €868,129
of which Land and buildings: -€45,747
- Cash -€10,742
down €10,742 (-94.9%), from €11,314 to €571
- Profit (loss) carried forward -€91,013
down €91,013 (-2,823%), from -€3,224 to -€94,237
- Other debts +€90,424
up €90,424 (+21.9%), from €413,106 to €503,530
- Short-term financial debts +€80,975
new in 2025: €80,975
- Debts after one year -€34,888
down €34,888 (-6.8%), from €514,195 to €479,308
- Current portion of long-term debt -€27,664
down €27,664 (-79.1%), from €34,988 to €7,324
- Turnover -€58,291
down €58,291 (-66.1%), from €88,123 to €29,833
- Gross operating margin -€44,811
down €44,811 (-80.8%), from €55,486 to €10,675
- Purchases and services -€39,328
down €39,328 (-67.2%), from €58,534 to €19,206
- Financial charges -€3,045
down €3,045 (-30.8%), from €9,872 to €6,828
- Other operating charges -€1,251
down €1,251 (-74.8%), from €1,672 to €421
Change in the result, 2023 to 2025
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
A cash bridge needs two consecutive financial 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 | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,004,747 | €1,017,364 | +€12,617 | +1.3% |
| Fixed assets | 21/28 | €943,415 | €872,279 | -€71,136 | -7.5% |
| Intangible fixed assets | 21 | €9,000 | €3,000 | -€6,000 | -66.7% |
| Tangible fixed assets | 22/27 | €933,265 | €868,129 | -€65,136 | -7.0% |
| Land and buildings | 22 | €779,375 | €733,628 | -€45,747 | -5.9% |
| Plant, machinery and equipment | 23 | €144,429 | €133,841 | -€10,588 | -7.3% |
| Furniture and vehicles | 24 | €9,461 | €661 | -€8,801 | -93.0% |
| Financial fixed assets | 28 | €1,150 | €1,150 | = | 0.0% |
| Current assets | 29/58 | €61,332 | €145,085 | +€83,753 | +137% |
| Amounts receivable within one year | 40/41 | €50,018 | €144,513 | +€94,495 | +189% |
| Trade receivables | 40 | €43,722 | €25,512 | -€18,210 | -41.6% |
| Other amounts receivable | 41 | €6,296 | €119,001 | +€112,705 | +1,790% |
| Cash at bank and in hand | 54/58 | €11,314 | €571 | -€10,742 | -94.9% |
| Total equity and liabilities | 10/49 | €1,004,747 | €1,017,364 | +€12,617 | +1.3% |
| Equity | 10/15 | €32,236 | -€58,777 | -€91,013 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,860 | €16,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,224 | -€94,237 | -€91,013 | -2,823% |
| Amounts payable | 17/49 | €972,511 | €1,076,141 | +€103,630 | +10.7% |
| Amounts payable after more than one year | 17 | €514,195 | €479,308 | -€34,888 | -6.8% |
| Financial debts | 170/4 | €514,195 | €479,308 | -€34,888 | -6.8% |
| Amounts payable within one year | 42/48 | €458,316 | €596,834 | +€138,518 | +30.2% |
| Current portion of amounts payable after more than one year | 42 | €34,988 | €7,324 | -€27,664 | -79.1% |
| Financial debts | 43 | - | €80,975 | +€80,975 | |
| Credit institutions | 430/8 | - | €80,975 | +€80,975 | |
| Taxes, remuneration and social security | 45 | €10,221 | €5,005 | -€5,216 | -51.0% |
| Taxes | 450/3 | €10,221 | €5,005 | -€5,216 | -51.0% |
| Other amounts payable | 47/48 | €413,106 | €503,530 | +€90,424 | +21.9% |
| Turnover | 70 | €88,123 | €29,833 | -€58,291 | -66.1% |
| Non-recurring operating income | 76A | €25,897 | €48 | -€25,849 | -99.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €58,534 | €19,206 | -€39,328 | -67.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,110 | €42,032 | +€922 | +2.2% |
| Other operating charges | 640/8 | €1,672 | €421 | -€1,251 | -74.8% |
| Gross operating margin | 9900 | €55,486 | €10,675 | -€44,811 | -80.8% |
| Operating profit (loss) | 9901 | €12,704 | -€31,778 | -€44,482 | |
| Financial charges | 65/66B | €9,872 | €6,828 | -€3,045 | -30.8% |
| Recurring financial charges | 65 | €9,872 | €6,828 | -€3,045 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €2,831 | -€38,606 | -€41,437 | |
| Profit (loss) for the period | 9904 | €2,831 | -€38,606 | -€41,437 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,831 | -€38,606 | -€41,437 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.