IGP: 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.
IGP
Largest movements
- Tangible fixed assets -€825
down €825 (-60.0%), from €1,376 to €550
- Receivables within one year +€268
up €268 (+134.2%), from €200 to €467
- Profit (loss) carried forward -€2,100
down €2,100 (-30.8%), from -€6,823 to -€8,923
- Trade debts +€1,543
up €1,543 (+24.0%), from €6,431 to €7,974
- Gross operating margin +€4,435
up €4,435 (+77.7%), from -€5,710 to -€1,275
- Depreciation -€275
down €275 (-25.0%), from €1,100 to €825
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,575 | €1,017 | -€558 | -35.4% |
| Fixed assets | 21/28 | €1,376 | €550 | -€825 | -60.0% |
| Tangible fixed assets | 22/27 | €1,376 | €550 | -€825 | -60.0% |
| Plant, machinery and equipment | 23 | €1,376 | €550 | -€825 | -60.0% |
| Current assets | 29/58 | €200 | €467 | +€268 | +134.2% |
| Amounts receivable within one year | 40/41 | €200 | €467 | +€268 | +134.2% |
| Other amounts receivable | 41 | €200 | €467 | +€268 | +134.2% |
| Total equity and liabilities | 10/49 | €1,575 | €1,017 | -€558 | -35.4% |
| Equity | 10/15 | -€5,823 | -€7,923 | -€2,100 | -36.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,823 | -€8,923 | -€2,100 | -30.8% |
| Amounts payable | 17/49 | €7,398 | €8,940 | +€1,543 | +20.9% |
| Amounts payable within one year | 42/48 | €7,398 | €8,940 | +€1,543 | +20.9% |
| Trade debts | 44 | €6,431 | €7,974 | +€1,543 | +24.0% |
| Suppliers | 440/4 | €6,431 | €7,974 | +€1,543 | +24.0% |
| Other amounts payable | 47/48 | €967 | €967 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,100 | €825 | -€275 | -25.0% |
| Other operating charges | 640/8 | €12 | - | -€12 | |
| Gross operating margin | 9900 | -€5,710 | -€1,275 | +€4,435 | +77.7% |
| Operating profit (loss) | 9901 | -€6,822 | -€2,100 | +€4,722 | +69.2% |
| Financial charges | 65/66B | €0 | - | -€0 | |
| Recurring financial charges | 65 | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | -€6,823 | -€2,100 | +€4,722 | +69.2% |
| Profit (loss) for the period | 9904 | -€6,823 | -€2,100 | +€4,722 | +69.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,823 | -€2,100 | +€4,722 | +69.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.