IGNOTO: 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.
IGNOTO
Largest movements
- Tangible fixed assets -€10,623
down €10,623 (-6.6%), from €160,734 to €150,111
of which Land and buildings: -€10,469
- Profit (loss) carried forward -€5,779
down €5,779 (-4.4%), from -€132,492 to -€138,271
- Other debts -€5,340
down €5,340 (-3.4%), from €156,133 to €150,792
- Gross operating margin +€7,767
up €7,767 (+611%), from €1,270 to €9,037
- Taxes +€697
up €697, from -€500 to €197
- Other operating charges -€339
down €339 (-7.9%), from €4,277 to €3,938
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.
Derived cash bridge
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 | €163,049 | €151,443 | -€11,607 | -7.1% |
| Fixed assets | 21/28 | €160,734 | €150,111 | -€10,623 | -6.6% |
| Tangible fixed assets | 22/27 | €160,734 | €150,111 | -€10,623 | -6.6% |
| Land and buildings | 22 | €159,633 | €149,165 | -€10,469 | -6.6% |
| Plant, machinery and equipment | 23 | €1,091 | €946 | -€145 | -13.3% |
| Furniture and vehicles | 24 | €10 | - | -€10 | |
| Current assets | 29/58 | €2,315 | €1,332 | -€984 | -42.5% |
| Amounts receivable within one year | 40/41 | €1,069 | €0 | -€1,069 | -100% |
| Other amounts receivable | 41 | €1,069 | €0 | -€1,069 | -100% |
| Current investments | 50/53 | - | €405 | +€405 | |
| Cash at bank and in hand | 54/58 | €406 | - | -€406 | |
| Deferred charges and accrued income | 490/1 | €840 | €927 | +€87 | +10.3% |
| Total equity and liabilities | 10/49 | €163,049 | €151,443 | -€11,607 | -7.1% |
| Equity | 10/15 | €6,062 | €283 | -€5,779 | -95.3% |
| Contributions | 10/11 | €137,000 | €137,000 | = | 0.0% |
| Capital | 10 | €137,000 | €137,000 | = | 0.0% |
| Issued capital | 100 | €137,000 | €137,000 | = | 0.0% |
| Reserves | 13 | €1,554 | €1,554 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,554 | €1,554 | = | 0.0% |
| Legal reserve | 130 | €1,554 | €1,554 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132,492 | -€138,271 | -€5,779 | -4.4% |
| Amounts payable | 17/49 | €156,987 | €151,160 | -€5,828 | -3.7% |
| Amounts payable within one year | 42/48 | €156,987 | €151,160 | -€5,828 | -3.7% |
| Trade debts | 44 | €684 | €186 | -€499 | -72.9% |
| Suppliers | 440/4 | €684 | €186 | -€499 | -72.9% |
| Taxes, remuneration and social security | 45 | €170 | €182 | +€11 | +6.7% |
| Taxes | 450/3 | €170 | €182 | +€11 | +6.7% |
| Other amounts payable | 47/48 | €156,133 | €150,792 | -€5,340 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,623 | €10,623 | +€0 | 0.0% |
| Other operating charges | 640/8 | €4,277 | €3,938 | -€339 | -7.9% |
| Gross operating margin | 9900 | €1,270 | €9,037 | +€7,767 | +611% |
| Operating profit (loss) | 9901 | -€13,630 | -€5,524 | +€8,106 | +59.5% |
| Financial charges | 65/66B | €124 | €58 | -€67 | -53.7% |
| Recurring financial charges | 65 | €124 | €58 | -€67 | -53.7% |
| Non-recurring financial charges | 66B | €124 | €58 | -€67 | -53.7% |
| Profit (loss) for the period before taxes | 9903 | -€13,754 | -€5,582 | +€8,172 | +59.4% |
| Income taxes | 67/77 | -€500 | €197 | +€697 | |
| Profit (loss) for the period | 9904 | -€13,255 | -€5,779 | +€7,476 | +56.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,255 | -€5,779 | +€7,476 | +56.4% |
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 13 October 2026 via checked.be.