IGODT & CO: 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.
IGODT & CO
Largest movements
- Tangible fixed assets -€1,711
no longer reported in 2025 (was €1,711)
- Cash +€1,678
up €1,678 (+22.1%), from €7,579 to €9,257
mainly Depreciation (+€1,711) and Other debts (+€606)
- Receivables within one year -€413
down €413 (-74.0%), from €558 to €145
- Profit (loss) carried forward -€762
down €762 (-0.5%), from -€155,354 to -€156,116
- Other debts +€606
up €606 (+3.7%), from €16,249 to €16,855
- Trade debts -€273
down €273 (-74.6%), from €367 to €93
- Gross operating margin +€914
up €914 (+118%), from €776 to €1,689
- Depreciation -€659
down €659 (-27.8%), from €2,370 to €1,711
- Other operating charges -€243
down €243 (-25.8%), from €945 to €701
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 | €10,249 | €9,820 | -€429 | -4.2% |
| Fixed assets | 21/28 | €1,711 | - | -€1,711 | |
| Tangible fixed assets | 22/27 | €1,711 | - | -€1,711 | |
| Plant, machinery and equipment | 23 | €1,711 | - | -€1,711 | |
| Current assets | 29/58 | €8,538 | €9,820 | +€1,282 | +15.0% |
| Amounts receivable within one year | 40/41 | €558 | €145 | -€413 | -74.0% |
| Other amounts receivable | 41 | €558 | €145 | -€413 | -74.0% |
| Cash at bank and in hand | 54/58 | €7,579 | €9,257 | +€1,678 | +22.1% |
| Deferred charges and accrued income | 490/1 | €401 | €418 | +€17 | +4.2% |
| Total equity and liabilities | 10/49 | €10,249 | €9,820 | -€429 | -4.2% |
| Equity | 10/15 | -€6,367 | -€7,129 | -€762 | -12.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €73,987 | €73,987 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €66,487 | €66,487 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€155,354 | -€156,116 | -€762 | -0.5% |
| Amounts payable | 17/49 | €16,616 | €16,948 | +€333 | +2.0% |
| Amounts payable within one year | 42/48 | €16,616 | €16,948 | +€333 | +2.0% |
| Trade debts | 44 | €367 | €93 | -€273 | -74.6% |
| Suppliers | 440/4 | €367 | €93 | -€273 | -74.6% |
| Other amounts payable | 47/48 | €16,249 | €16,855 | +€606 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,370 | €1,711 | -€659 | -27.8% |
| Other operating charges | 640/8 | €945 | €701 | -€243 | -25.8% |
| Non-recurring operating charges | 66A | €8,525 | - | -€8,525 | |
| Gross operating margin | 9900 | €776 | €1,689 | +€914 | +118% |
| Operating profit (loss) | 9901 | -€11,063 | -€722 | +€10,341 | +93.5% |
| Financial charges | 65/66B | €28 | €39 | +€11 | +41.1% |
| Recurring financial charges | 65 | €28 | €39 | +€11 | +41.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,091 | -€762 | +€10,329 | +93.1% |
| Profit (loss) for the period | 9904 | -€11,091 | -€762 | +€10,329 | +93.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,091 | -€762 | +€10,329 | +93.1% |
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 23 October 2026 via checked.be.