Ignite Ventures: 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.
Ignite Ventures
Largest movements
- Tangible fixed assets -€41,567
down €41,567 (-5.0%), from €825,512 to €783,945
of which Land and buildings: -€39,871
- Receivables within one year +€14,973
up €14,973 (+919.3%), from €1,629 to €16,601
of which Trade receivables: +€13,358
- Profit (loss) carried forward -€38,994
down €38,994 (-106.2%), from -€36,725 to -€75,719
- Other debts +€35,595
up €35,595 (+17.3%), from €205,858 to €241,453
- Debts after one year -€24,628
down €24,628 (-4.0%), from €623,455 to €598,827
- Purchases and services -€47,505
no longer reported in 2025 (was €47,505)
- Turnover -€34,250
no longer reported in 2025 (was €34,250)
- Gross operating margin +€1,646
up €1,646 (+6.5%), from €25,497 to €27,143
- Depreciation +€730
up €730 (+1.8%), from €40,837 to €41,567
- Financial charges -€440
down €440 (-1.7%), from €25,224 to €24,785
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.
Cash bridge derived
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 | €831,293 | €802,035 | -€29,258 | -3.5% |
| Fixed assets | 21/28 | €825,512 | €783,945 | -€41,567 | -5.0% |
| Tangible fixed assets | 22/27 | €825,512 | €783,945 | -€41,567 | -5.0% |
| Land and buildings | 22 | €823,071 | €783,200 | -€39,871 | -4.8% |
| Furniture and vehicles | 24 | €2,441 | €745 | -€1,696 | -69.5% |
| Current assets | 29/58 | €5,781 | €18,090 | +€12,309 | +212.9% |
| Amounts receivable within one year | 40/41 | €1,629 | €16,601 | +€14,973 | +919.3% |
| Trade receivables | 40 | - | €13,358 | +€13,358 | |
| Other amounts receivable | 41 | €1,629 | €3,243 | +€1,614 | +99.1% |
| Cash at bank and in hand | 54/58 | €4,152 | €1,489 | -€2,664 | -64.1% |
| Total equity and liabilities | 10/49 | €831,293 | €802,035 | -€29,258 | -3.5% |
| Equity | 10/15 | -€26,725 | -€65,719 | -€38,994 | -145.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,725 | -€75,719 | -€38,994 | -106.2% |
| Amounts payable | 17/49 | €858,018 | €867,754 | +€9,736 | +1.1% |
| Amounts payable after more than one year | 17 | €623,455 | €598,827 | -€24,628 | -4.0% |
| Financial debts | 170/4 | €623,455 | €598,827 | -€24,628 | -4.0% |
| Amounts payable within one year | 42/48 | €234,562 | €268,927 | +€34,364 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €24,483 | €24,628 | +€145 | +0.6% |
| Trade debts | 44 | €1,379 | €2,846 | +€1,467 | +106.3% |
| Suppliers | 440/4 | €1,379 | €2,846 | +€1,467 | +106.3% |
| Taxes, remuneration and social security | 45 | €2,842 | - | -€2,842 | |
| Taxes | 450/3 | €2,842 | - | -€2,842 | |
| Other amounts payable | 47/48 | €205,858 | €241,453 | +€35,595 | +17.3% |
| Turnover | 70 | €34,250 | - | -€34,250 | |
| Non-recurring operating income | 76A | €38,752 | - | -€38,752 | |
| Goods, raw materials, services and sundry goods | 60/61 | €47,505 | - | -€47,505 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,837 | €41,567 | +€730 | +1.8% |
| Other operating charges | 640/8 | €29 | €28 | -€2 | -6.5% |
| Gross operating margin | 9900 | €25,497 | €27,143 | +€1,646 | +6.5% |
| Operating profit (loss) | 9901 | -€15,369 | -€14,451 | +€919 | +6.0% |
| Financial charges | 65/66B | €25,224 | €24,785 | -€440 | -1.7% |
| Recurring financial charges | 65 | €25,224 | €24,785 | -€440 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | -€40,594 | -€39,235 | +€1,358 | +3.3% |
| Income taxes | 67/77 | - | -€242 | -€242 | |
| Profit (loss) for the period | 9904 | -€40,594 | -€38,994 | +€1,600 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,594 | -€38,994 | +€1,600 | +3.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.