IGNO: 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.
IGNO
Largest movements
- Cash -€20,782
down €20,782 (-10.1%), from €205,236 to €184,454
mainly Contributions, distributions and other (-€123,490) and Receivables within one year (-€17,771)
- Receivables within one year +€17,771
up €17,771 (+46.1%), from €38,534 to €56,306
of which Other amounts receivable: +€27,115
- Tangible fixed assets -€9,393
down €9,393 (-21.3%), from €44,000 to €34,606
of which Furniture and vehicles: -€9,065
- Reserves -€94,547
down €94,547 (-34.7%), from €272,205 to €177,658
of which Distributable reserves: -€94,547
- Other debts +€82,485
up €82,485 (+201.2%), from €41,005 to €123,490
- Gross operating margin -€75,058
down €75,058 (-59.5%), from €126,116 to €51,058
- Taxes -€21,819
down €21,819 (-65.4%), from €33,351 to €11,532
- Depreciation +€4,385
up €4,385 (+52.9%), from €8,290 to €12,674
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 | €323,765 | €311,574 | -€12,191 | -3.8% |
| Fixed assets | 21/28 | €44,000 | €34,606 | -€9,393 | -21.3% |
| Tangible fixed assets | 22/27 | €44,000 | €34,606 | -€9,393 | -21.3% |
| Plant, machinery and equipment | 23 | €3,111 | €2,783 | -€329 | -10.6% |
| Furniture and vehicles | 24 | €40,888 | €31,823 | -€9,065 | -22.2% |
| Current assets | 29/58 | €279,765 | €276,968 | -€2,797 | -1.0% |
| Amounts receivable within one year | 40/41 | €38,534 | €56,306 | +€17,771 | +46.1% |
| Trade receivables | 40 | €29,656 | €20,313 | -€9,343 | -31.5% |
| Other amounts receivable | 41 | €8,878 | €35,993 | +€27,115 | +305.4% |
| Current investments | 50/53 | €35,995 | €35,995 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €205,236 | €184,454 | -€20,782 | -10.1% |
| Deferred charges and accrued income | 490/1 | - | €214 | +€214 | |
| Total equity and liabilities | 10/49 | €323,765 | €311,574 | -€12,191 | -3.8% |
| Equity | 10/15 | €272,205 | €177,658 | -€94,547 | -34.7% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €272,205 | €177,658 | -€94,547 | -34.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €272,205 | €177,658 | -€94,547 | -34.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €51,560 | €133,916 | +€82,356 | +159.7% |
| Amounts payable within one year | 42/48 | €51,560 | €133,916 | +€82,356 | +159.7% |
| Trade debts | 44 | €3,377 | €1,854 | -€1,523 | -45.1% |
| Suppliers | 440/4 | €3,377 | €1,854 | -€1,523 | -45.1% |
| Taxes, remuneration and social security | 45 | €7,178 | €8,572 | +€1,395 | +19.4% |
| Taxes | 450/3 | €7,178 | €8,572 | +€1,395 | +19.4% |
| Other amounts payable | 47/48 | €41,005 | €123,490 | +€82,485 | +201.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,290 | €12,674 | +€4,385 | +52.9% |
| Other operating charges | 640/8 | €886 | €562 | -€325 | -36.6% |
| Gross operating margin | 9900 | €126,116 | €51,058 | -€75,058 | -59.5% |
| Operating profit (loss) | 9901 | €116,940 | €37,822 | -€79,118 | -67.7% |
| Financial income | 75/76B | €1,939 | €2,793 | +€855 | +44.1% |
| Recurring financial income | 75 | €1,939 | €2,793 | +€855 | +44.1% |
| Financial charges | 65/66B | €145 | €140 | -€5 | -3.7% |
| Recurring financial charges | 65 | €145 | €140 | -€5 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €118,733 | €40,475 | -€78,258 | -65.9% |
| Income taxes | 67/77 | €33,351 | €11,532 | -€21,819 | -65.4% |
| Profit (loss) for the period | 9904 | €85,382 | €28,943 | -€56,439 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €85,382 | €28,943 | -€56,439 | -66.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.