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IGS GROUP: 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.

What changed

IGS GROUP

BE 0684.863.946
NACE 43.331, Floor and wall tiling
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€3,194
2023 · -€1,500-€1,694
Equity
-€2,624
2023 · €570-€3,194
Cash
-
not filed
Balance sheet total
-
2023 · €570-€570

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€570

    no longer reported in 2024 (was €570)

Equity and liabilities
  • Profit (loss) carried forward -€3,194

    down €3,194 (-56.7%), from -€5,630 to -€8,824

  • Other debts +€2,624

    new in 2024: €2,624

Income statement
  • Gross operating margin -€1,694

    down €1,694 (-112.9%), from -€1,500 to -€3,194

  • Purchases and services +€1,694

    up €1,694 (+112.9%), from €1,500 to €3,194

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€1,500
Gross operating margin -€1,694
Result 2024 -€3,194

Cash bridge derived

cash 2023 to 2024

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 19 lines
Line Code 2023 2024 Change %
Total assets 20/58 €570 - -€570
Current assets 29/58 €570 - -€570
Amounts receivable within one year 40/41 €570 - -€570
Other amounts receivable 41 €570 - -€570
Total equity and liabilities 10/49 €570 €0 -€570 -100.0%
Equity 10/15 €570 -€2,624 -€3,194
Contributions 10/11 €6,200 €6,200 = 0.0%
Outside capital 11 €6,200 €6,200 = 0.0%
Share premium 1100/10 €6,200 €6,200 = 0.0%
Profit (loss) carried forward 14 -€5,630 -€8,824 -€3,194 -56.7%
Amounts payable 17/49 - €2,624 +€2,624
Amounts payable within one year 42/48 - €2,624 +€2,624
Other amounts payable 47/48 - €2,624 +€2,624
Goods, raw materials, services and sundry goods 60/61 €1,500 €3,194 +€1,694 +112.9%
Gross operating margin 9900 -€1,500 -€3,194 -€1,694 -112.9%
Operating profit (loss) 9901 -€1,500 -€3,194 -€1,694 -112.9%
Profit (loss) for the period before taxes 9903 -€1,500 -€3,194 -€1,694 -112.9%
Profit (loss) for the period 9904 -€1,500 -€3,194 -€1,694 -112.9%
Profit (loss) for the period to be appropriated 9905 -€1,500 -€3,194 -€1,694 -112.9%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.