INGALCORP: 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.
INGALCORP
Largest movements
- Deferred charges and accrued income -€60,518
down €60,518 (-98.5%), from €61,455 to €937
- Cash +€25,968
up €25,968 (+57.6%), from €45,121 to €71,089
mainly Deferred charges and accrued income (+€60,518) and Contributions, distributions and other (+€6,200)
- Receivables within one year +€10,157
up €10,157 (+47.9%), from €21,192 to €31,348
of which Other amounts receivable: +€10,157
- Tangible fixed assets -€4,170
down €4,170 (-22.2%), from €18,818 to €14,648
of which Furniture and vehicles: -€3,144
- Current investments +€1,688
up €1,688 (+58.6%), from €2,882 to €4,570
- Profit (loss) carried forward -€24,979
new in 2024: -€24,979
- Accrued charges and deferred income -€12,446
down €12,446 (-100%), from €12,446 to €0
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Tax, wage and social debts +€4,004
up €4,004 (+17.2%), from €23,342 to €27,346
- Gross operating margin -€53,790
down €53,790, from €34,809 to -€18,981
- Taxes -€6,824
down €6,824 (-94.5%), from €7,224 to €400
- Depreciation +€1,614
up €1,614 (+63.1%), from €2,556 to €4,170
- Financial charges -€359
down €359 (-58.6%), from €612 to €254
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,468 | €122,592 | -€26,876 | -18.0% |
| Fixed assets | 21/28 | €18,818 | €14,648 | -€4,170 | -22.2% |
| Tangible fixed assets | 22/27 | €18,818 | €14,648 | -€4,170 | -22.2% |
| Land and buildings | 22 | €3,335 | €2,967 | -€368 | -11.0% |
| Plant, machinery and equipment | 23 | €1,353 | €695 | -€658 | -48.6% |
| Furniture and vehicles | 24 | €14,130 | €10,986 | -€3,144 | -22.3% |
| Current assets | 29/58 | €130,650 | €107,944 | -€22,706 | -17.4% |
| Amounts receivable within one year | 40/41 | €21,192 | €31,348 | +€10,157 | +47.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €21,192 | €31,348 | +€10,157 | +47.9% |
| Current investments | 50/53 | €2,882 | €4,570 | +€1,688 | +58.6% |
| Cash at bank and in hand | 54/58 | €45,121 | €71,089 | +€25,968 | +57.6% |
| Deferred charges and accrued income | 490/1 | €61,455 | €937 | -€60,518 | -98.5% |
| Total equity and liabilities | 10/49 | €149,468 | €122,592 | -€26,876 | -18.0% |
| Equity | 10/15 | €83,907 | €65,128 | -€18,779 | -22.4% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €71,507 | €71,507 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,240 | €1,240 | = | 0.0% |
| Distributable reserves | 133 | €70,267 | €70,267 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€24,979 | -€24,979 | |
| Amounts payable | 17/49 | €65,561 | €57,464 | -€8,097 | -12.3% |
| Amounts payable within one year | 42/48 | €53,114 | €57,464 | +€4,350 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €29,772 | €30,118 | +€346 | +1.2% |
| Suppliers | 440/4 | €29,772 | €30,118 | +€346 | +1.2% |
| Taxes, remuneration and social security | 45 | €23,342 | €27,346 | +€4,004 | +17.2% |
| Taxes | 450/3 | €23,342 | €27,346 | +€4,004 | +17.2% |
| Accrued charges and deferred income | 492/3 | €12,446 | €0 | -€12,446 | -100% |
| Non-recurring operating income | 76A | €529 | €146 | -€383 | -72.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,556 | €4,170 | +€1,614 | +63.1% |
| Other operating charges | 640/8 | €885 | €1,060 | +€175 | +19.7% |
| Non-recurring operating charges | 66A | - | €127 | +€127 | |
| Gross operating margin | 9900 | €34,809 | -€18,981 | -€53,790 | |
| Operating profit (loss) | 9901 | €31,368 | -€24,338 | -€55,706 | |
| Financial income | 75/76B | €17 | €12 | -€5 | -27.6% |
| Recurring financial income | 75 | €17 | €12 | -€5 | -27.6% |
| Financial charges | 65/66B | €612 | €254 | -€359 | -58.6% |
| Recurring financial charges | 65 | €612 | €254 | -€359 | -58.6% |
| Profit (loss) for the period before taxes | 9903 | €30,773 | -€24,579 | -€55,352 | |
| Income taxes | 67/77 | €7,224 | €400 | -€6,824 | -94.5% |
| Profit (loss) for the period | 9904 | €23,549 | -€24,979 | -€48,528 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,549 | -€24,979 | -€48,528 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.