IGNOTUS: 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.
IGNOTUS
Largest movements
- Receivables within one year -€2,084
down €2,084 (-77.9%), from €2,674 to €590
of which Trade receivables: -€1,364
- Tangible fixed assets -€381
down €381 (-5.0%), from €7,693 to €7,312
- Cash -€340
down €340 (-7.0%), from €4,870 to €4,529
mainly Investment in fixed assets (net) (-€2,350) and Trade debts (-€2,070)
- Deferred charges and accrued income +€272
new in 2025: €272
- Trade debts -€2,070
down €2,070 (-67.0%), from €3,088 to €1,019
- Advances received -€1,390
down €1,390 (-96.5%), from €1,440 to €50
- Tax, wage and social debts +€318
new in 2025: €318
- Short-term financial debts +€250
up €250 (+10.2%), from €2,450 to €2,700
- Profit (loss) carried forward +€237
up €237 (+2.4%), from -€9,731 to -€9,495
- Turnover +€7,936
up €7,936 (+32.6%), from €24,367 to €32,303
- Gross operating margin +€4,003
up €4,003, from -€524 to €3,479
- Purchases and services +€1,532
up €1,532 (+5.6%), from €27,292 to €28,824
- Depreciation -€426
down €426 (-13.5%), from €3,157 to €2,731
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 | €17,237 | €14,704 | -€2,534 | -14.7% |
| Fixed assets | 21/28 | €7,693 | €7,312 | -€381 | -5.0% |
| Tangible fixed assets | 22/27 | €7,693 | €7,312 | -€381 | -5.0% |
| Plant, machinery and equipment | 23 | €7,693 | €7,312 | -€381 | -5.0% |
| Current assets | 29/58 | €9,544 | €7,391 | -€2,153 | -22.6% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,674 | €590 | -€2,084 | -77.9% |
| Trade receivables | 40 | €1,954 | €590 | -€1,364 | -69.8% |
| Other amounts receivable | 41 | €721 | - | -€721 | |
| Cash at bank and in hand | 54/58 | €4,870 | €4,529 | -€340 | -7.0% |
| Deferred charges and accrued income | 490/1 | - | €272 | +€272 | |
| Total equity and liabilities | 10/49 | €17,237 | €14,704 | -€2,534 | -14.7% |
| Equity | 10/15 | €9,769 | €10,005 | +€237 | +2.4% |
| Contributions | 10/11 | €19,500 | €19,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,731 | -€9,495 | +€237 | +2.4% |
| Amounts payable | 17/49 | €7,469 | €4,698 | -€2,770 | -37.1% |
| Amounts payable within one year | 42/48 | €7,469 | €4,698 | -€2,770 | -37.1% |
| Financial debts | 43 | €2,450 | €2,700 | +€250 | +10.2% |
| Other loans | 439 | €2,450 | €2,700 | +€250 | +10.2% |
| Trade debts | 44 | €3,088 | €1,019 | -€2,070 | -67.0% |
| Suppliers | 440/4 | €3,088 | €1,019 | -€2,070 | -67.0% |
| Advances received on contracts in progress | 46 | €1,440 | €50 | -€1,390 | -96.5% |
| Taxes, remuneration and social security | 45 | - | €318 | +€318 | |
| Taxes | 450/3 | - | €318 | +€318 | |
| Other amounts payable | 47/48 | €490 | €612 | +€121 | +24.8% |
| Turnover | 70 | €24,367 | €32,303 | +€7,936 | +32.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €27,292 | €28,824 | +€1,532 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,157 | €2,731 | -€426 | -13.5% |
| Other operating charges | 640/8 | €430 | €456 | +€26 | +6.0% |
| Gross operating margin | 9900 | -€524 | €3,479 | +€4,003 | |
| Operating profit (loss) | 9901 | -€4,111 | €292 | +€4,404 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €32 | €56 | +€24 | +74.8% |
| Recurring financial charges | 65 | €32 | €56 | +€24 | +74.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,143 | €237 | +€4,380 | |
| Profit (loss) for the period | 9904 | -€4,143 | €237 | +€4,380 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,143 | €237 | +€4,380 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.