IGONOMIC: 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.
IGONOMIC
Largest movements
- Intangible fixed assets -€518
down €518 (-99.6%), from €520 to €2
- Formation expenses -€323
down €323 (-100.0%), from €323 to €0
- Tangible fixed assets +€240
up €240 (+36.7%), from €656 to €896
of which Plant, machinery and equipment: +€489
- Receivables within one year -€142
down €142 (-35.0%), from €405 to €263
- Cash -€88
down €88 (-27.8%), from €316 to €228
mainly Net result for the year (-€3,924) and Trade debts (-€1,122)
- Contributions +€4,208
up €4,208 (+20.9%), from €20,169 to €24,377
- Profit (loss) carried forward -€3,924
down €3,924 (-19.7%), from -€19,951 to -€23,875
- Trade debts -€1,122
down €1,122 (-66.6%), from €1,685 to €563
- Gross operating margin +€1,864
up €1,864 (+47.7%), from -€3,910 to -€2,046
- Depreciation -€186
down €186 (-12.8%), from €1,454 to €1,268
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 | €2,228 | €1,390 | -€838 | -37.6% |
| Formation expenses | 20 | €323 | €0 | -€323 | -100.0% |
| Fixed assets | 21/28 | €1,176 | €898 | -€277 | -23.6% |
| Intangible fixed assets | 21 | €520 | €2 | -€518 | -99.6% |
| Tangible fixed assets | 22/27 | €656 | €896 | +€240 | +36.7% |
| Plant, machinery and equipment | 23 | €201 | €690 | +€489 | +242.7% |
| Furniture and vehicles | 24 | €454 | €206 | -€248 | -54.7% |
| Current assets | 29/58 | €729 | €492 | -€237 | -32.6% |
| Amounts receivable within one year | 40/41 | €405 | €263 | -€142 | -35.0% |
| Other amounts receivable | 41 | €405 | €263 | -€142 | -35.0% |
| Cash at bank and in hand | 54/58 | €316 | €228 | -€88 | -27.8% |
| Deferred charges and accrued income | 490/1 | €8 | - | -€8 | |
| Total equity and liabilities | 10/49 | €2,228 | €1,390 | -€838 | -37.6% |
| Equity | 10/15 | €218 | €502 | +€284 | +130.0% |
| Contributions | 10/11 | €20,169 | €24,377 | +€4,208 | +20.9% |
| Profit (loss) carried forward | 14 | -€19,951 | -€23,875 | -€3,924 | -19.7% |
| Amounts payable | 17/49 | €2,009 | €887 | -€1,122 | -55.8% |
| Amounts payable within one year | 42/48 | €2,009 | €887 | -€1,122 | -55.8% |
| Trade debts | 44 | €1,685 | €563 | -€1,122 | -66.6% |
| Suppliers | 440/4 | €1,685 | €563 | -€1,122 | -66.6% |
| Other amounts payable | 47/48 | €324 | €324 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,454 | €1,268 | -€186 | -12.8% |
| Other operating charges | 640/8 | €499 | €512 | +€12 | +2.5% |
| Gross operating margin | 9900 | -€3,910 | -€2,046 | +€1,864 | +47.7% |
| Operating profit (loss) | 9901 | -€5,864 | -€3,826 | +€2,038 | +34.8% |
| Financial charges | 65/66B | €96 | €98 | +€2 | +2.5% |
| Recurring financial charges | 65 | €96 | €98 | +€2 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,959 | -€3,924 | +€2,035 | +34.2% |
| Profit (loss) for the period | 9904 | -€5,959 | -€3,924 | +€2,035 | +34.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,959 | -€3,924 | +€2,035 | +34.2% |
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 11 October 2026 via checked.be.