IGUANA: 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.
IGUANA
Largest movements
- Receivables within one year +€32,493
up €32,493 (+70.7%), from €45,952 to €78,445
of which Trade receivables: +€55,221
- Cash +€30,785
up €30,785 (+195%), from €15,776 to €46,561
mainly Other debts (+€57,368) and Net result for the year (+€53,294)
- Other debts +€57,368
new in 2025: €57,368
- Tax, wage and social debts +€23,702
up €23,702 (+199%), from €11,901 to €35,603
of which Taxes: +€19,126
- Reserves -€20,120
down €20,120 (-4.1%), from €485,150 to €465,030
- Gross operating margin -€44,574
down €44,574 (-26.0%), from €171,136 to €126,562
- Taxes -€15,064
down €15,064 (-33.4%), from €45,082 to €30,018
- Financial income -€5,475
down €5,475 (-65.6%), from €8,346 to €2,871
- Staff costs +€2,624
up €2,624 (+6.5%), from €40,218 to €42,842
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 | €517,645 | €580,056 | +€62,411 | +12.1% |
| Fixed assets | 21/28 | €4,848 | €3,980 | -€868 | -17.9% |
| Tangible fixed assets | 22/27 | €4,573 | €3,980 | -€593 | -13.0% |
| Plant, machinery and equipment | 23 | €924 | €1,804 | +€881 | +95.3% |
| Furniture and vehicles | 24 | €3,650 | €2,176 | -€1,474 | -40.4% |
| Financial fixed assets | 28 | €275 | - | -€275 | |
| Current assets | 29/58 | €512,796 | €576,075 | +€63,279 | +12.3% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €45,952 | €78,445 | +€32,493 | +70.7% |
| Trade receivables | 40 | €19,296 | €74,517 | +€55,221 | +286% |
| Other amounts receivable | 41 | €26,656 | €3,928 | -€22,728 | -85.3% |
| Current investments | 50/53 | €351,069 | €351,069 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,776 | €46,561 | +€30,785 | +195% |
| Total equity and liabilities | 10/49 | €517,645 | €580,056 | +€62,411 | +12.1% |
| Equity | 10/15 | €497,550 | €477,430 | -€20,120 | -4.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €485,150 | €465,030 | -€20,120 | -4.1% |
| Distributable reserves | 133 | €485,150 | €465,030 | -€20,120 | -4.1% |
| Amounts payable | 17/49 | €20,095 | €102,625 | +€82,531 | +411% |
| Amounts payable within one year | 42/48 | €20,095 | €102,134 | +€82,039 | +408% |
| Trade debts | 44 | €8,193 | €9,163 | +€969 | +11.8% |
| Suppliers | 440/4 | €8,193 | €9,163 | +€969 | +11.8% |
| Taxes, remuneration and social security | 45 | €11,901 | €35,603 | +€23,702 | +199% |
| Taxes | 450/3 | €11,901 | €31,027 | +€19,126 | +161% |
| Remuneration and social security | 454/9 | - | €4,577 | +€4,577 | |
| Other amounts payable | 47/48 | - | €57,368 | +€57,368 | |
| Accrued charges and deferred income | 492/3 | - | €491 | +€491 | |
| Remuneration, social security and pensions | 62 | €40,218 | €42,842 | +€2,624 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,404 | €2,561 | +€157 | +6.5% |
| Other operating charges | 640/8 | €207 | €517 | +€310 | +149% |
| Gross operating margin | 9900 | €171,136 | €126,562 | -€44,574 | -26.0% |
| Operating profit (loss) | 9901 | €128,307 | €80,642 | -€47,665 | -37.1% |
| Financial income | 75/76B | €8,346 | €2,871 | -€5,475 | -65.6% |
| Recurring financial income | 75 | €8,346 | €2,871 | -€5,475 | -65.6% |
| Financial charges | 65/66B | €118 | €201 | +€83 | +70.2% |
| Recurring financial charges | 65 | €118 | €201 | +€83 | +70.2% |
| Profit (loss) for the period before taxes | 9903 | €136,535 | €83,312 | -€53,223 | -39.0% |
| Income taxes | 67/77 | €45,082 | €30,018 | -€15,064 | -33.4% |
| Profit (loss) for the period | 9904 | €91,453 | €53,294 | -€38,159 | -41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €91,453 | €53,294 | -€38,159 | -41.7% |
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.