Ingeborg Holding: 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.
Ingeborg Holding
Largest movements
- Cash -€221,101
down €221,101 (-60.5%), from €365,672 to €144,571
mainly Other debts (-€254,794) and Contributions, distributions and other (-€113,000)
- Financial fixed assets +€94,500
up €94,500 (+2.6%), from €3.7m to €3.8m
- Other debts -€254,794
down €254,794 (-69.1%), from €368,501 to €113,707
- Reserves +€138,600
up €138,600 (+8.1%), from €1.7m to €1.8m
- Financial income +€159,958
up €159,958 (+178%), from €90,043 to €250,001
- Taxes +€14,756
up €14,756 (+71.7%), from €20,572 to €35,328
- Gross operating margin +€708
up €708 (+1.9%), from €37,466 to €38,174
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 | €4,028,706 | €3,900,609 | -€128,097 | -3.2% |
| Fixed assets | 21/28 | €3,658,000 | €3,752,500 | +€94,500 | +2.6% |
| Financial fixed assets | 28 | €3,658,000 | €3,752,500 | +€94,500 | +2.6% |
| Current assets | 29/58 | €370,706 | €148,109 | -€222,597 | -60.0% |
| Amounts receivable within one year | 40/41 | €5,034 | €3,500 | -€1,534 | -30.5% |
| Trade receivables | 40 | - | €3,500 | +€3,500 | |
| Other amounts receivable | 41 | €5,034 | - | -€5,034 | |
| Cash at bank and in hand | 54/58 | €365,672 | €144,571 | -€221,101 | -60.5% |
| Deferred charges and accrued income | 490/1 | - | €38 | +€38 | |
| Total equity and liabilities | 10/49 | €4,028,706 | €3,900,609 | -€128,097 | -3.2% |
| Equity | 10/15 | €3,630,749 | €3,769,394 | +€138,645 | +3.8% |
| Contributions | 10/11 | €1,918,070 | €1,918,070 | = | 0.0% |
| Reserves | 13 | €1,710,800 | €1,849,400 | +€138,600 | +8.1% |
| Distributable reserves | 133 | €1,710,800 | €1,849,400 | +€138,600 | +8.1% |
| Profit (loss) carried forward | 14 | €1,879 | €1,924 | +€45 | +2.4% |
| Amounts payable | 17/49 | €397,957 | €131,215 | -€266,742 | -67.0% |
| Amounts payable within one year | 42/48 | €397,957 | €131,215 | -€266,742 | -67.0% |
| Trade debts | 44 | €22,385 | - | -€22,385 | |
| Suppliers | 440/4 | €22,385 | - | -€22,385 | |
| Taxes, remuneration and social security | 45 | €7,071 | €17,508 | +€10,437 | +148% |
| Taxes | 450/3 | €7,031 | €17,508 | +€10,477 | +149% |
| Remuneration and social security | 454/9 | €40 | - | -€40 | |
| Other amounts payable | 47/48 | €368,501 | €113,707 | -€254,794 | -69.1% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | €37,466 | €38,174 | +€708 | +1.9% |
| Operating profit (loss) | 9901 | €36,380 | €37,056 | +€675 | +1.9% |
| Financial income | 75/76B | €90,043 | €250,001 | +€159,958 | +178% |
| Recurring financial income | 75 | €90,043 | €250,001 | +€159,958 | +178% |
| Financial charges | 65/66B | €422 | €84 | -€338 | -80.1% |
| Recurring financial charges | 65 | €422 | €84 | -€338 | -80.1% |
| Profit (loss) for the period before taxes | 9903 | €126,002 | €286,973 | +€160,971 | +128% |
| Income taxes | 67/77 | €20,572 | €35,328 | +€14,756 | +71.7% |
| Profit (loss) for the period | 9904 | €105,430 | €251,645 | +€146,215 | +139% |
| Profit (loss) for the period to be appropriated | 9905 | €105,430 | €251,645 | +€146,215 | +139% |
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 27 October 2026 via checked.be.