Ignition Automation: 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.
Ignition Automation
Largest movements
- Cash +€57,083
up €57,083 (+32.4%), from €175,950 to €233,033
mainly Net result for the year (+€41,124) and Depreciation (+€9,047)
- Tangible fixed assets -€3,491
down €3,491 (-35.2%), from €9,910 to €6,419
of which Furniture and vehicles: -€7,577
- Receivables within one year -€3,071
down €3,071 (-77.5%), from €3,962 to €891
- Reserves +€41,124
up €41,124 (+26.7%), from €153,925 to €195,049
- Tax, wage and social debts +€3,978
up €3,978 (+98.4%), from €4,041 to €8,019
- Other debts +€3,837
up €3,837 (+20.3%), from €18,904 to €22,741
- Gross operating margin -€6,193
down €6,193 (-9.0%), from €68,645 to €62,452
- Depreciation -€4,597
down €4,597 (-33.7%), from €13,644 to €9,047
- Taxes -€1,322
down €1,322 (-11.1%), from €11,859 to €10,537
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 | €189,822 | €240,343 | +€50,521 | +26.6% |
| Fixed assets | 21/28 | €9,910 | €6,419 | -€3,491 | -35.2% |
| Tangible fixed assets | 22/27 | €9,910 | €6,419 | -€3,491 | -35.2% |
| Plant, machinery and equipment | 23 | €1,233 | €5,319 | +€4,086 | +331.4% |
| Furniture and vehicles | 24 | €8,677 | €1,100 | -€7,577 | -87.3% |
| Current assets | 29/58 | €179,912 | €233,924 | +€54,012 | +30.0% |
| Amounts receivable within one year | 40/41 | €3,962 | €891 | -€3,071 | -77.5% |
| Other amounts receivable | 41 | €3,962 | €891 | -€3,071 | -77.5% |
| Cash at bank and in hand | 54/58 | €175,950 | €233,033 | +€57,083 | +32.4% |
| Total equity and liabilities | 10/49 | €189,822 | €240,343 | +€50,521 | +26.6% |
| Equity | 10/15 | €163,925 | €205,049 | +€41,124 | +25.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €153,925 | €195,049 | +€41,124 | +26.7% |
| Distributable reserves | 133 | €153,925 | €195,049 | +€41,124 | +26.7% |
| Amounts payable | 17/49 | €25,897 | €35,294 | +€9,397 | +36.3% |
| Amounts payable within one year | 42/48 | €25,007 | €32,840 | +€7,833 | +31.3% |
| Financial debts | 43 | €950 | €1,032 | +€82 | +8.6% |
| Credit institutions | 430/8 | €950 | €1,032 | +€82 | +8.6% |
| Trade debts | 44 | €1,112 | €1,048 | -€64 | -5.8% |
| Suppliers | 440/4 | €1,112 | €1,048 | -€64 | -5.8% |
| Taxes, remuneration and social security | 45 | €4,041 | €8,019 | +€3,978 | +98.4% |
| Taxes | 450/3 | €4,041 | €8,019 | +€3,978 | +98.4% |
| Other amounts payable | 47/48 | €18,904 | €22,741 | +€3,837 | +20.3% |
| Accrued charges and deferred income | 492/3 | €890 | €2,454 | +€1,564 | +175.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,644 | €9,047 | -€4,597 | -33.7% |
| Other operating charges | 640/8 | €148 | €120 | -€28 | -18.9% |
| Gross operating margin | 9900 | €68,645 | €62,452 | -€6,193 | -9.0% |
| Operating profit (loss) | 9901 | €54,853 | €53,285 | -€1,568 | -2.9% |
| Financial charges | 65/66B | €1,495 | €1,624 | +€129 | +8.6% |
| Recurring financial charges | 65 | €1,495 | €1,624 | +€129 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €53,358 | €51,661 | -€1,697 | -3.2% |
| Income taxes | 67/77 | €11,859 | €10,537 | -€1,322 | -11.1% |
| Profit (loss) for the period | 9904 | €41,499 | €41,124 | -€375 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,499 | €41,124 | -€375 | -0.9% |
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 10 October 2026 via checked.be.