IGT SERVICE: 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.
IGT SERVICE
Largest movements
- Current investments -€66,570
down €66,570 (-33.9%), from €196,151 to €129,580
- Cash +€36,147
up €36,147 (+43.4%), from €83,378 to €119,525
mainly Other debts (+€236,266) and Net result for the year (+€83,766)
- Receivables within one year -€6,284
down €6,284 (-15.5%), from €40,514 to €34,229
of which Other amounts receivable: -€10,791
- Other debts +€236,266
up €236,266, from €0 to €236,266
- Reserves -€159,859
down €159,859 (-100.0%), from €159,860 to €1
- Profit (loss) carried forward -€108,674
down €108,674 (-99.3%), from €109,452 to €778
- Tax, wage and social debts -€27,447
down €27,447 (-51.3%), from €53,483 to €26,036
- Trade debts +€23,761
up €23,761 (+18,858%), from €126 to €23,887
- Gross operating margin -€22,231
down €22,231 (-15.4%), from €144,686 to €122,454
- Financial income -€11,644
down €11,644 (-81.7%), from €14,249 to €2,604
- Financial charges -€5,021
down €5,021 (-40.4%), from €12,434 to €7,412
- Taxes -€3,471
down €3,471 (-9.7%), from €35,930 to €32,459
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 | €324,121 | €288,168 | -€35,953 | -11.1% |
| Fixed assets | 21/28 | €816 | €1,489 | +€673 | +82.5% |
| Tangible fixed assets | 22/27 | €816 | €1,489 | +€673 | +82.5% |
| Plant, machinery and equipment | 23 | €816 | €1,489 | +€673 | +82.5% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €323,306 | €286,679 | -€36,626 | -11.3% |
| Amounts receivable within one year | 40/41 | €40,514 | €34,229 | -€6,284 | -15.5% |
| Trade receivables | 40 | €18,571 | €23,077 | +€4,506 | +24.3% |
| Other amounts receivable | 41 | €21,943 | €11,152 | -€10,791 | -49.2% |
| Current investments | 50/53 | €196,151 | €129,580 | -€66,570 | -33.9% |
| Cash at bank and in hand | 54/58 | €83,378 | €119,525 | +€36,147 | +43.4% |
| Deferred charges and accrued income | 490/1 | €3,263 | €3,344 | +€82 | +2.5% |
| Total equity and liabilities | 10/49 | €324,121 | €288,168 | -€35,953 | -11.1% |
| Equity | 10/15 | €270,512 | €1,979 | -€268,533 | -99.3% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Reserves | 13 | €159,860 | €1 | -€159,859 | -100.0% |
| Distributable reserves | 133 | €159,860 | €1 | -€159,859 | -100.0% |
| Profit (loss) carried forward | 14 | €109,452 | €778 | -€108,674 | -99.3% |
| Amounts payable | 17/49 | €53,609 | €286,189 | +€232,580 | +434% |
| Amounts payable within one year | 42/48 | €53,609 | €286,189 | +€232,580 | +434% |
| Trade debts | 44 | €126 | €23,887 | +€23,761 | +18,858% |
| Suppliers | 440/4 | €126 | €23,887 | +€23,761 | +18,858% |
| Taxes, remuneration and social security | 45 | €53,483 | €26,036 | -€27,447 | -51.3% |
| Taxes | 450/3 | €53,483 | €26,036 | -€27,447 | -51.3% |
| Other amounts payable | 47/48 | €0 | €236,266 | +€236,266 | |
| Non-recurring operating income | 76A | €193 | €0 | -€193 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €459 | €677 | +€217 | +47.3% |
| Other operating charges | 640/8 | €659 | €745 | +€86 | +13.0% |
| Gross operating margin | 9900 | €144,686 | €122,454 | -€22,231 | -15.4% |
| Operating profit (loss) | 9901 | €143,567 | €121,032 | -€22,535 | -15.7% |
| Financial income | 75/76B | €14,249 | €2,604 | -€11,644 | -81.7% |
| Recurring financial income | 75 | €14,249 | €2,604 | -€11,644 | -81.7% |
| Financial charges | 65/66B | €12,434 | €7,412 | -€5,021 | -40.4% |
| Recurring financial charges | 65 | €12,434 | €7,412 | -€5,021 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | €145,382 | €116,225 | -€29,158 | -20.1% |
| Income taxes | 67/77 | €35,930 | €32,459 | -€3,471 | -9.7% |
| Profit (loss) for the period | 9904 | €109,452 | €83,766 | -€25,686 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €109,452 | €83,766 | -€25,686 | -23.5% |
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 17 October 2026 via checked.be.